81 m2 2-Bedroom Penthouse in La Siesta, Torrevieja
La Siesta, Torrevieja · Alicante
2 Bed2 Bath81 m²Energy: G
Description
This 2-bedroom penthouse in La Siesta occupies the top floor, with 81 m2 of interior space and 2 bathrooms. La Siesta is a residential area within Torrevieja. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 349,000 works out to EUR 4,309 per square metre. The energy rating is G. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax. Residents share a communal swimming pool. A private solarium offers open-air relaxation.
Features
- Communal pool
- Near beach
- Terrace
- Solarium
- Lift
- Security
- Electric blinds
- Air conditioning
- Built-in wardrobes
- Parking
- Storage room
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 81 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 87794921-12 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
La Siesta, Torrevieja · 38.0062, -0.6910
About La Siesta, 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 are the total purchase costs?
For this new build at EUR 349,000, you will pay 10% IVA (EUR 34,900), stamp duty of 1.5%, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 4,223. Total estimated costs come to approximately EUR 45,908.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 349,000, a 60% mortgage would be EUR 209,400, requiring a deposit of EUR 139,600. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 1105. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What are the running costs?
Annual running costs for this penthouse include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Torrevieja; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
How can I arrange a viewing?
Contact OceanHome Team to arrange an in-person viewing of this penthouse in La Siesta. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Is this a good rental investment?
Torrevieja has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 2-bedroom penthouse in La Siesta can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
What is the buying process in Spain?
The Spanish buying process starts with obtaining an NIE (foreigner identification number). After agreeing a price, you sign a reservation contract with a deposit (typically EUR 3,000-6,000). The next step is the arras contract, where you pay 10% of the price. Completion takes place at a notary, where the escritura (title deed) is signed and the balance paid. The whole process typically takes 6-10 weeks from reservation to completion.
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
- 81 m²
- Energy Rating
- G
