2nd-Floor New-Build Apartment in Punta Prima, Torrevieja
Punta Prima, Torrevieja · Alicante
3 Bed2 Bath111 m²Energy: G
Description
This 111 m2 new-build apartment sits on the 2nd floor of an 8-storey building in Punta Prima, Torrevieja, and includes 2 allocated parking spaces. The layout provides 3 bedrooms and 2 bathrooms across a practical floor plan suited to year-round living or extended holiday use. A lift serves all floors, making the building accessible for all residents. The development carries an energy rating of G, which is typical for new construction in this area pending final certification.Punta Prima is a well-established coastal neighbourhood on Torrevieja's southern edge, bordered by Orihuela Costa to the north. Playa de Punta Prima, a Blue Flag beach, lies within easy walking distance of the development, and the N-332 provides direct road access to Torrevieja's town centre, roughly 4 km away. Local amenities in Punta Prima include a small commercial strip along Avenida de las Brisas, with supermarkets, bars, and restaurants serving both residents and visitors. Alicante-Elche Airport is approximately 35 minutes by car.Priced at EUR 374,000, the apartment equates to approximately EUR 3,369 per m2, in line with new-build rates for Punta Prima. As a new build, purchase taxes apply at the IVA rate of 10% rather than ITP, amounting to EUR 37,400 in VAT. Notary fees typically range from EUR 600 to EUR 1,200, land registry costs from EUR 400 to EUR 800, and legal fees around 1% of the purchase price plus VAT. Community fees are currently listed at EUR 0 and IBI has not yet been assessed, so buyers should confirm both figures with the developer. Punta Prima attracts consistent short-term rental demand during the summer months, making it a viable option for buyers considering holiday letting.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 111 m2 build size
- 2nd floor
- 8-storey building
- Communal pool
- Lift
- Parking (2 spaces)
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 111 m² |
| Floor | 2 / 8 |
| Energy Certificate | G |
| Reference | 13508389-03 |
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.
Frequently Asked Questions
What are the purchase costs on top of the EUR 374,000 asking price?
As this is a new-build property, VAT (IVA) applies at 10%, which equals EUR 37,400. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT (roughly EUR 4,514 including 21% VAT). Total acquisition costs are typically 12 to 14% above the purchase price.
Can I get a mortgage as a non-resident buyer?
Yes. Spanish banks generally lend up to 60 to 70% of the purchase price or valuation to non-residents, meaning a deposit of 30 to 40% is required. On EUR 374,000 that equates to roughly EUR 112,200 to EUR 149,600. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% annually, though rates vary by lender and applicant profile.
What are the ongoing running costs for this apartment?
Community fees are currently listed as EUR 0; buyers should confirm the final figure with the developer before exchange. IBI (annual council tax) has not yet been assessed for this new-build and will be calculated once the property is registered with the local authority. Utility contracts for water and electricity will need to be set up separately on completion.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who cannot travel to Spain. Contact us to arrange a live video walkthrough of the apartment and the development's communal areas. In-person viewings can also be scheduled at any time.
Is this apartment suitable for holiday letting?
Punta Prima has strong short-term rental demand, particularly between June and September, driven by proximity to Playa de Punta Prima and easy access from Alicante-Elche Airport. A tourist rental licence (licencia de alquiler turístico) is required to let legally on a short-term basis in the Valencian Community. We recommend speaking to a local lawyer to confirm licensing requirements before purchase.
What does the buying process involve?
First, you will need a Spanish tax identification number (NIE), which your lawyer can obtain on your behalf. Once you have agreed terms, a reservation contract is signed and a deposit of typically EUR 3,000 to EUR 6,000 is paid to secure the property. This is followed by a private purchase contract (arras or contrato privado) where a further 10% deposit is usually paid. Completion takes place before a Spanish notary, at which point the remaining balance, taxes, and fees are settled and keys are handed over.

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


