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New-Build 2-Bed Penthouse in Estacion de Autobuses, Torrevieja

Centro, Torrevieja · Alicante

2 Bed2 Bath76 m²Energy: G

Description

A new-build penthouse on the top floor of a residential development in Estacion de Autobuses, Torrevieja, offering 76m2 of internal living space across 2 bedrooms and 2 bathrooms. The development includes a lift and a communal pool, and the property carries an energy rating of G. Alicante-Elche Airport is reachable in approximately 35 minutes by car.Estacion de Autobuses sits in the heart of Torrevieja, within easy walking distance of the bus station on Calle Antonio Machado and the weekly street market on Calle Patricio Perez. The town centre, with its bars, restaurants and Mercadona supermarket, is under 10 minutes on foot. Playa del Cura and Playa de los Locos are both within 1 kilometre of the neighbourhood.Priced at EUR 315,000, the property works out at approximately EUR 4,145 per m2. As a new build, the purchase is subject to IVA at 10%, adding EUR 31,500, plus notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal costs of approximately 1% plus VAT. Community fees are currently listed at EUR 0 per month and IBI figures are not yet available for this development. Torrevieja is a designated tourist municipality, which may support short-term rental activity subject to obtaining the relevant regional licence.

Features

  • Communal pool
  • Lift
  • New build
  • 2 bedrooms
  • 2 bathrooms
  • Top-floor penthouse
  • Air conditioning
  • Double glazing

Property Details

Property TypePenthouse
Bedrooms2
Bathrooms2
Built Area76 m²
Floor0
Energy CertificateG
Reference88857584-03

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Torrevieja · 37.9784, -0.6774


About Centro, Torrevieja

Torrevieja is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What are the purchase costs on top of the asking price?
As a new-build property, this penthouse is subject to IVA (VAT) at 10% rather than transfer tax, adding EUR 31,500 to the purchase price of EUR 315,000. Additional costs include notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1% of the purchase price plus VAT (around EUR 3,780). Budget for total purchase costs of roughly EUR 36,000 to EUR 37,000 on top of the agreed price.
Can I get a mortgage as a non-resident?
Yes. Spanish lenders typically offer non-residents mortgages covering up to 60 to 70% of the purchase price, meaning a deposit of 30 to 40% is generally required. On EUR 315,000 that equates to EUR 94,500 to EUR 126,000. Current variable and fixed rates from Spanish banks are broadly in the range of 3.5% to 4.5%, though individual offers vary by lender and applicant profile.
What are the ongoing running costs for this property?
Community fees are currently listed at EUR 0 per month for this development. The annual IBI (council tax) figure is not yet available for this new-build and the agent can provide an estimate once the cadastral reference is assigned. Utility contracts for water and electricity will be set up on completion.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who cannot travel to Torrevieja in person. A member of the team will walk through the property and the development on a live video call at a time convenient to you. In-person viewings can also be arranged with advance notice.
What is the rental potential in this area?
Torrevieja is a recognised tourist municipality on the Costa Blanca, and properties here can be let on a short-term basis once the owner holds a valid tourist rental licence issued by the Comunitat Valenciana. Estacion de Autobuses is centrally located, which tends to support year-round demand from both short-stay visitors and longer-term tenants. The agent can provide current market context, but we do not quote yield figures.
How does the purchase process work in Spain?
The first step is obtaining an NIE (Número de Identificación de Extranjero), the tax identification number required for all property transactions in Spain. Once a price is agreed, a reservation contract is signed and a holding deposit, typically EUR 3,000 to EUR 6,000, is paid to secure the property. This is followed by a private purchase contract (arras), at which point around 10% of the price is paid. The transaction completes at a Spanish notary, where the deed of sale (escritura) is signed and the remaining balance is transferred.

Price

€315,000€4,145/m²

Ref: 88857584-03

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

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Key Details

Type
penthouse
Bedrooms
2
Bathrooms
2
Build Size
76
Energy Rating
G