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Renovated 2-Bedroom Bungalow in La Siesta, Torrevieja

La Siesta, Torrevieja · Alicante

2 Slaapkamers1 Badkamers44 m²

Beschrijving

Priced at EUR 135,000, this 2-bedroom bungalow in La Siesta comes with 1 bathroom and 44 m2 of space. La Siesta is a residential area within Torrevieja. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 135,000 works out to EUR 3,068 per square metre. Parking is included. Transfer tax (ITP) in Alicante is 10%.

Objectdetails

WoningtypeBungalow
Slaapkamers2
Badkamers1
Woonoppervlak44 m²
Verdieping0
EnergiecertificaatExempt
ReferentieOH02235

Voorzieningen

Dicht bij het strand
Terras
Parkeren
Gerenoveerd

Afstanden en omgeving

✈️
Vliegveld
35 min (Alicante-Elche ALC)

Locatie op de kaart

La Siesta, Torrevieja · 38.0031, -0.7021


Energiecertificaat

Certificado de Eficiencia Energética — kWh/m²

A
B
C
D
E
F
G

Geschatte aankoopkosten

ITP (10%)€13,000
Notario~€700
Registro de la Propiedad~€450
Abogado (1% + IVA)~€1,573
Comunidad€55/mo
IBI€200/yr
Total~€15,723 (12.1%)

Jaarlijkse vaste lasten

Comunidad

€55/mo

€660/year

IBI

€200/yr

€17/month

Total€860/year (€72/month)

Investeringsoverzicht

Prijs/m²

€2,955

Torrevieja gem.

~€3,235

Versch.

-9%


Over La Siesta, Torrevieja

Torrevieja is een van de populairste bestemmingen aan de Spaanse Costa Blanca.


Veelgestelde vragen

How much does it cost to buy this property?
For this bungalow at EUR 135,000, purchase costs include 10% transfer tax (ITP) of EUR 13,500, notary fees around EUR 700, land registry approximately EUR 450, and legal fees of about EUR 1,634. Budget approximately EUR 16,284 in total buying costs on top of the purchase price.
Is mortgage financing available?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this bungalow at EUR 135,000, a 60% mortgage would be EUR 81,000, requiring a deposit of EUR 54,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 428. Spanish banks require proof of income, tax returns, and a credit report from your home country.
How much are the monthly expenses?
Annual running costs for this bungalow include: IBI property tax is estimated at EUR 250-400 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.
Can I book a viewing?
Contact Maya Kallio to arrange an in-person viewing of this bungalow in La Siesta. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
What is the rental potential?
Torrevieja has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 2-bedroom bungalow 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.
How does purchasing work?
Buying property in Spain requires an NIE number, which your lawyer can help arrange. Once you agree the price, a reservation deposit secures the property. You then sign an arras contract with a 10% deposit within 2-4 weeks. The final step is signing the escritura at a notary and paying the remaining balance. Your lawyer handles due diligence, checking the property has no debts or legal issues. Allow 6-10 weeks from offer to completion.

Price

€130,000€2,955/m²

Ref: OH02235

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Objectdetails

Woningtype
bungalow
Slaapkamers
2
Badkamers
1
Woonoppervlak
44
Energiecertificaat
Exempt
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