South-Facing 2-Bedroom Penthouse in La Regia, Orihuela Costa
Cabo Roig, Orihuela Costa · AlicanteListed Mar 2026 · Updated 11 Nov 2026
2 Bed1 Bath70 m²
Description
This south-facing penthouse in La Regia covers 70m2 of internal space across 2 bedrooms and 1 bathroom, with sea views from the upper floor. The property comes with 2 allocated parking spaces and access to a lift within the building. A private terrace and communal garden are included.La Regia is a residential area within Orihuela Costa, close to the beaches along the southern Costa Blanca. The wider Orihuela Costa coastline stretches across several coves and sandy beaches within the municipality. Alicante-Elche Airport (ALC) is approximately 35 minutes away by car, making La Regia a practical base for frequent travellers or holiday use.Estimated annual community fees are EUR 95 per month and the IBI property tax is approximately EUR 310 per year. The property holds an energy rating exemption. Orihuela Costa attracts consistent rental demand from visitors throughout the summer months, which may be of interest to buyers considering letting.
Property Details
Property Type
Penthouse
Bedrooms
2
Bathrooms
1
Built Area
70 m²
Floor
0
Reference
OH02216
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Private terrace
Communal garden
Security & Access
Lift
Storage & Parking
Two parking spaces
Other Features
Sea views
South-facing
Near beach
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Cabo Roig, Orihuela Costa · 37.9137, -0.7337
Estimated Buying Costs
Approximate costs for a resale property in Valencian Community.
Transfer Tax (ITP 10%)
€20,990
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€2,540
Community Fees (monthly)
€95/mo
IBI Property Tax (annual)
€310/yr
Est. Total Purchase Costs
~€25,130 (12.0%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€95/mo
€1,140/year · covers pool, gardens, common areas
IBI Property Tax
€310/yr
€26/month · municipal property tax
Total fixed costs€1,450/year (€121/month)
Investment Snapshot
How this property compares to the local Orihuela Costa market.
Price per m²
€2,999
this property
Orihuela Costa Average
~€2,746
per m² (resale)
Difference
+9%
above average
Above area average — reflects premium features or location
Market data is indicative. Actual values depend on exact location, condition and specification. Consult our team for a detailed market appraisal.
About Cabo Roig, Orihuela Costa
Cabo Roig is one of the most prestigious coastal enclaves along the Orihuela Costa, prized for its dramatic cliff-top promenade that links Cabo Roig Beach to the sheltered cove of Cala Capitán. The area is known for its excellent seafood restaurants, vibrant Saturday artisan market, and a relaxed yet upmarket atmosphere that attracts an international community of year-round residents and holiday homeowners.Daily amenities — supermarkets, pharmacies, banks and cafés — are all within walking distance. The Zenia Boulevard shopping centre, one of the largest in Alicante province, is a five-minute drive. Orihuela Costa's blue-flag beaches stretch in both directions along the coast, and several championship golf courses are nearby, including Villamartín, Campoamor and Las Ramblas.
What are the purchase costs on top of the asking price?
As a resale in the Valencian Community, this purchase carries ITP transfer tax at 9% of the purchase price, rising to 11% on the entire value above €1,000,000. Note that tax is charged on the higher of the price paid and the property's official reference value, so treat any figure based on the asking price as a minimum. Reduced rates and local allowances may apply if you meet the Valencian Community's conditions (for example age, large-family or disability status, or buying a primary residence) — worth checking before you budget. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally finance up to 60–70% for non-residents. Current variable and fixed rates generally range between 3.5% and 4.5%, though this varies by lender and applicant profile. We can refer you to independent mortgage brokers familiar with the Orihuela Costa market.
What are the ongoing running costs?
Estimated community fees are EUR 95 per month, covering maintenance of communal areas including the garden and lift. The annual IBI (council tax) is approximately EUR 310. Please note both figures are estimated. There is no basura (waste collection) charge on record for this property; we recommend confirming the full schedule of local taxes with your solicitor.
Can I view the property remotely?
Yes. We offer video viewings by appointment for buyers who are unable to visit in person. Contact our team to arrange a live video call or to request additional footage of specific rooms or areas of the property.
What is the rental potential of this property?
Orihuela Costa is a recognised tourist area with strong seasonal demand, particularly from May to October. Penthouses with sea views and south-facing terraces tend to attract interest from short-term holiday renters. A tourist licence is required for short-term letting in the Valencian Community; we recommend seeking advice from a local solicitor on current licensing requirements before purchasing with rental income in mind.
What does the purchase process involve?
First, you will need an NIE (Número de Identificación de Extranjero), which is a tax identification number required for all property purchases in Spain. Once you agree on terms, a reservation fee is typically paid to take the property off the market. This is followed by a private purchase contract (arras), where usually 10% of the purchase price is exchanged as a deposit. Completion takes place before a notary, at which point the remaining balance and all associated taxes and fees are settled. The whole process from reservation to completion commonly takes 4–8 weeks.
