New-Build 1-Bedroom Penthouse in Centro, Torrevieja
Centro, Torrevieja · Alicante
1 Bed1 Bath169 m²Built 1987Energy: G
Description
At 169m2, this new-build 1-bedroom, 1-bathroom penthouse in the Centro district of Torrevieja is one of the larger single-bedroom units in its price bracket in the area. Built in 1987, the property includes underfloor heating, air conditioning and a storage room. The building has a lift and access to a communal pool.Centro is Torrevieja's central district, placing residents within walking distance of Calle del Ramón Gallud, the weekly Friday market on Paseo Vista Alegre and the town's two salt lakes, Laguna Salada de Torrevieja and Laguna de La Mata. The Playa del Cura and Playa de Los Locos beaches are within the Centro area. Alicante-Elche Airport (ALC) is approximately 35 minutes by road.Estimated community fees are €165 per month and the annual IBI (council tax) is approximately €410. The property holds an energy rating of G. Centro's position as Torrevieja's commercial and leisure hub makes it a consistent area for short-term rental demand, given the town's status as a coastal resort within the Valencian Community.
Features
- Communal pool
- Lift
- Air conditioning
- Underfloor heating
- Heating
- Storage room
- Near beach
- New build
Property Details
| Property Type | Penthouse |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 169 m² |
| Floor | 0 |
| Year Built | 1987 |
| Energy Certificate | G |
| Reference | 55276124-03 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Torrevieja · 37.9780, -0.6834
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 taxes and costs apply to this property?
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. Notary fees typically run EUR 600–1,200 and land registry fees EUR 400–800. Legal fees are generally around 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) — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally finance up to 60–70% for overseas purchasers. Current variable and fixed rates broadly range from 3.5% to 4.5%, though your individual rate will depend on your lender and financial profile.
What are the ongoing running costs for this penthouse?
Estimated community fees are €165 per month, covering communal areas and the pool. The estimated annual IBI (local property tax) is €410. These figures are estimates. You should also budget for home insurance and utility connections.
Can I view this property remotely?
Yes. In addition to in-person viewings, we offer video viewings via WhatsApp or video call for buyers who are not yet able to travel to Torrevieja. Contact us to arrange a time that suits you.
Is this property suitable as a rental investment?
Centro is Torrevieja's most central district and the town draws significant tourist traffic throughout the year due to its coastal location and the nearby salt lakes. Short-term holiday lets and longer winter rentals are both common in this area. A local letting agent can provide current market rental figures. We do not quote estimated yields as these depend on occupancy, management costs and seasonality.
What is the purchase process for buying this property?
You will first need a Spanish NIE (tax identification number), which can be obtained at a local police station or through a Spanish consulate in your home country. Once you agree a price, a reservation agreement and deposit secure the property. This is followed by a private purchase contract (arras), where typically 10% of the purchase price is paid. Completion takes place before a notary, at which point the balance and taxes are paid and keys are transferred. We strongly recommend appointing an independent Spanish solicitor throughout.
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
- 1
- Bathrooms
- 1
- Build Size
- 169 m²
- Energy Rating
- G
