New-Build 3-Bedroom Apartment in Punta Prima, Torrevieja
Punta Prima, Torrevieja · Alicante
3 Bed2 Bath118 m²Energy: G
Description
This 118 m2 new-build apartment sits on the third floor of a six-storey building in Punta Prima, one of Torrevieja's southern coastal neighbourhoods. The apartment has 3 bedrooms, 2 bathrooms and comes with 2 allocated parking spaces in the building. A lift serves all floors, and the development includes a communal pool. The asking price of EUR 404,000 works out at approximately EUR 3,424 per m2.Punta Prima lies along the southern edge of Torrevieja, bordered by the N-332 to the north and the Mediterranean coastline to the south and east. The neighbourhood has its own sandy beach, a small commercial strip along Avenida de los Marineros, and easy access to the larger Zenia Boulevard shopping centre roughly 10 minutes by car. Alicante-Elche Airport is approximately 35 minutes away by road, making Punta Prima a practical base for owners who travel regularly.As a new build, the applicable purchase tax is IVA at 10%, which on EUR 404,000 amounts to EUR 40,400. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees typically around 1% of the purchase price plus VAT. Community fees are currently set at EUR 0, though buyers should confirm the final figure with the developer. The energy rating is G. Punta Prima's proximity to the beach and airport gives the property reasonable short-term rental appeal, subject to obtaining the relevant tourist licence in the Valencian Community.
Features
- New build
- Communal pool
- Lift
- 2 parking spaces
- 3 bedrooms
- 2 bathrooms
- Third floor
- 118 m2 build size
- Six-storey building
Key Highlights
- 118 m² with sea views
- 2 underground parking spaces
- Communal pool
- 3rd floor with lift
- 24-home modern complex
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 118 m² |
| Floor | 3 / 6 |
| Energy Certificate | G |
| Reference | 13508389-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Punta Prima, Torrevieja · 37.9463, -0.7095
About Punta Prima, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
📍Pink salt lake natural reserve
📍20+ km coastline
📍International expat community
📍Two airports within 40 min
📍Torrevieja seafront promenade
Frequently Asked Questions
What purchase taxes and costs apply to this apartment?
As a new build, this apartment is subject to IVA at 10% rather than ITP. On the asking price of EUR 404,000 that comes to EUR 40,400 in VAT. You should also budget for notary fees of roughly EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% of the purchase price plus VAT, so approximately EUR 4,848 including VAT at 21%.
Can I get a mortgage on this property as a non-resident?
Spanish banks will typically lend non-residents up to 60 to 70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30 to 40% is usually required. On EUR 404,000, that suggests a deposit of roughly EUR 121,200 to EUR 161,600. Current variable and fixed mortgage rates for non-residents are broadly in the range of 3.5% to 4.5%, though this varies by lender and applicant profile.
What are the ongoing running costs for this property?
Community fees are currently listed as EUR 0 per year; buyers should confirm the final figure with the developer before exchange. Annual IBI (council tax) and waste collection charges have not yet been confirmed for this development and should be requested from the developer or local town hall. You should also factor in building insurance and any utility standing charges.
Can I arrange a viewing remotely?
Yes. OceanHome can arrange a video viewing of the development and the show apartment if available, so you can assess the layout and finishes before travelling to Spain. In-person viewings can be arranged at a time that suits you.
Is this apartment suitable as a rental investment?
Punta Prima is a coastal neighbourhood with its own beach, and Torrevieja as a whole has strong summer visitor numbers, which supports demand for short-term holiday lets. To let the property on a tourist basis in the Valencian Community you will need to obtain a tourist rental licence from the regional authority. OceanHome can advise on the application process and connect you with a local property manager.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which can be obtained at a Spanish consulate in the UK or in person at a police station in Spain. Once you have agreed to proceed, a reservation fee is typically paid to take the property off the market, followed by a private purchase contract (arras) where a further deposit is paid, usually 10% of the purchase price. The balance is paid on completion at the notary, where the title deed (escritura) is signed and ownership is formally transferred.

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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
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 118 m²
- Energy Rating
- G


