New-Build 3-Bedroom Penthouse in El Limonar, Torrevieja
Centro, Torrevieja · Alicante
3 Bed2 Bath182 m²Energy: G
Description
A third-floor new-build penthouse in El Limonar, Torrevieja, offering 182 m² of internal space across 3 bedrooms and 2 bathrooms. The property includes a private solarium, terrace, built-in wardrobes, a storage room, and sea views. It sits within a residential complex equipped with a communal pool, gymnasium, and landscaped garden areas.El Limonar is a residential quarter of Torrevieja positioned close to the town's salt lagoons and the Mediterranean coastline. The area connects easily to Torrevieja's central market, the Paseo Vista Alegre promenade, and the commercial streets around Calle Ramón Gallud. Alicante-Elche Airport (ALC) is approximately 35 minutes by road, making the location practical for regular travel or for buyers purchasing as a holiday base.Community fees are estimated at EUR 175 per month and annual IBI is estimated at EUR 620. The property holds an energy rating of G. Torrevieja's status as a registered tourist municipality means short-term rental licences are available, and the town's year-round population provides a base of long-term rental demand in El Limonar as well.
Features
- Communal pool
- Sea views
- Private solarium
- Terrace
- Private garden
- Gymnasium
- Built-in wardrobes
- Storage room
- Near beach
- Air conditioning (new-build provision)
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 182 m² |
| Floor | 3 |
| Energy Certificate | G |
| Reference | 70729719-11 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Centro, Torrevieja · 38.0010, -0.6904
About Centro, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
Frequently Asked Questions
What purchase costs should I budget for on top of the asking price?
As a new build in the Valencian Community, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4%. ITP does not apply. Additional costs typically include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees at roughly 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you budget.
Can non-residents obtain a mortgage in Spain for this property?
Yes. Spanish banks routinely lend to non-residents, though they generally require a deposit of 30–40% of the purchase price, with the remainder financed. Current variable and fixed mortgage rates in Spain typically range from 3.5% to 4.5% annually, depending on the lender and your financial profile. A mortgage broker with Spanish market experience can help you compare offers before you make an offer.
What are the estimated running costs for this penthouse?
Community fees are estimated at EUR 175 per month, covering maintenance of the communal pool, gymnasium, and garden areas. The annual IBI (local property tax) is estimated at EUR 620. Both figures are estimates at this stage. You should also allow for utilities, building insurance, and the annual rubbish collection charge set by Torrevieja's local authority.
Can I arrange a viewing remotely?
Yes. Our agents can arrange an in-person viewing at a time to suit you, or conduct a live video viewing via WhatsApp, FaceTime, or your preferred platform if you are not currently in Spain. Contact us to book either option.
Is this property suitable for holiday rental?
Torrevieja is a registered tourist municipality under Valencian Community regulations, which means properties here can apply for a tourist rental licence (Vivienda de Uso Turístico). El Limonar's proximity to the coastline and the town's established summer visitor base make the area active for short-term rentals. We recommend taking independent legal advice on the licence application process before purchase.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once you have agreed terms, a reservation fee is typically paid to secure the property while legal checks are carried out. This is usually followed by a private purchase contract (arras), where a larger deposit is paid, and finally the title deed (escritura) is signed before a notary, at which point the balance is transferred and ownership passes to you. Using an independent Spanish solicitor throughout is strongly recommended.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 182 m²
- Energy Rating
- G
