1st-Floor New-Build 2-Bedroom Apartment, Torreblanca
Torreblanca, Torrevieja · Alicante
2 Bed2 Bath65 m²Energy: G
Description
A new-build apartment on the first floor of a 5-storey residential building in Torreblanca, Torrevieja, priced at EUR 295,000. The property measures 65m2 of built space and comprises 2 bedrooms and 2 bathrooms. The development includes a communal pool and a lift serving all 5 floors. The energy rating is G, which is typical for new-build apartments in this price bracket pending final certification.Torreblanca sits in the southern section of Torrevieja's urban area, bordered by the N-332 coastal road and within easy reach of the Playa de Torreblanca shoreline. The neighbourhood has its own small commercial strip along Avenida de la Estación, with supermarkets, bakeries and pharmacies within walking distance. Torreblanca's local market operates weekly, and the larger Mercadona on Calle Patricio Pérez is roughly 10 minutes on foot. Alicante-Elche Airport is approximately 35 minutes by car.At EUR 295,000 for 65m2, the price per m2 works out at approximately EUR 4,538. As a new build, this property is subject to IVA at 10% rather than transfer tax, adding EUR 29,500 to purchase costs, plus 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% plus VAT. No community fees are currently registered. IBI has not yet been assessed for this development. Torreblanca is a recognised tourist-licence area within the Torrevieja municipality, making this suitable for short-term rental consideration.
Features
- New build
- Communal pool
- Lift
- 2 bedrooms
- 2 bathrooms
- First floor
- 65m2 build size
- 5-storey building
- Air conditioning (infrastructure)
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 65 m² |
| Floor | 1 / 5 |
| Energy Certificate | G |
| Reference | 21356886-03 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Torreblanca, Torrevieja · 38.0029, -0.6595
About Torreblanca, 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, you pay IVA at 10% instead of transfer tax, which amounts to EUR 29,500 on the EUR 295,000 asking price. Additionally, budget for notary fees of EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of approximately 1% of the purchase price plus VAT (around EUR 3,570). Total additional costs are typically 12 to 14% of the purchase price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can generally access mortgages on Spanish property, though lenders typically require a deposit of 30 to 40% of the purchase price. On EUR 295,000 that means EUR 88,500 to EUR 118,000 upfront. Current variable and fixed rates from Spanish lenders range from approximately 3.5% to 4.5%. Speak to a mortgage broker experienced in Spanish property before committing.
What are the ongoing running costs for this apartment?
Community fees are currently registered at EUR 0 per month, though these may be set once the development completes; confirm this with the agent. IBI (annual council tax) has not yet been assessed for this new development. Basura (waste collection) charges have also not been confirmed. We recommend requesting the developer's projected fee schedule before exchange.
Can I view the apartment remotely before travelling to Spain?
Yes. OceanHome offers video viewings for buyers who cannot travel immediately. We can conduct a live video walkthrough of the show unit or available completed unit at a time that suits you. Contact us to arrange a remote or in-person viewing appointment.
Is this apartment suitable for holiday letting?
Torreblanca falls within the Torrevieja municipality, which permits tourist letting licences subject to meeting regional requirements under Valencian Community regulations. New-build properties in this area can attract steady short-term rental demand given proximity to the coast. We recommend consulting a local lawyer to confirm licence eligibility and current municipal quotas before purchasing with rental income in mind.
What does the purchase process involve for a foreign buyer?
You will first need a Spanish tax identification number (NIE), which can be obtained via a Spanish consulate or in person at a local police station. Once your NIE is in place, the process typically begins with a reservation agreement and deposit to take the property off the market, followed by a private purchase contract (arras) where around 10% of the price is paid. The transaction is completed before a Spanish notary, at which point the balance is transferred and the title deed (escritura) is signed. Using an independent solicitor throughout is strongly advisable.
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
- 2
- Bathrooms
- 2
- Build Size
- 65 m²
- Energy Rating
- G
