Built in 1974, this 100 m2 apartment in Acequion sits just 100 metres from Playa del Acequion, one of Torrevieja's most central beaches. The property offers three bedrooms, one bathroom, a terrace and access to a lift within the building. The floor plan is practical and well-proportioned, with each of the three bedrooms receiving natural light. At EUR 159,900, the price equates to EUR 1,599 per m2, which is competitive for this proximity to the seafront in Acequion.Acequion is a well-established residential neighbourhood in central Torrevieja, bordered to the east by the Paseo Vista Alegre promenade and within easy walking distance of the town's daily municipal market on Calle del Mercado. A supermarket is 150 metres from the front door. The Habaneras shopping centre is reachable on foot in around 15 minutes, and Alicante-Elche Airport is approximately 35 minutes away by car, making the location practical for regular international travel.Running costs include an estimated IBI of EUR 240 per year and estimated community fees of EUR 85 per month, covering shared maintenance and lift upkeep. The energy certificate is currently exempt. Torrevieja's Acequion neighbourhood generates consistent rental demand throughout the year, with the combination of beach access and town-centre convenience attracting both short-term summer visitors and longer-stay winter residents. Buyers considering a rental strategy should verify tourist licence availability with the Ayuntamiento de Torrevieja prior to purchase.
Property Details
Property Type
Apartment
Bedrooms
3
Bathrooms
1
Built Area
100 m²
Year Built
Built 1974 (52 years)
Energy Certificate
Rating Exempt
Reference
OH02238
Features & Amenities
Outdoor & Pool
Terrace
Security & Access
Lift
Other Features
100 m from Playa del Acequion
100 m2 build
3 bedrooms
1 bathroom
Central location
150 m to supermarket
Built in 1974
Distances & Nearby
🏖
beach
100 m (Playa del Acequion)
🛒
supermarket
150 m
✈️
airport
35 min (Alicante-Elche ALC)
Location
Acequión, Torrevieja · 37.9741, -0.6935
Energy Performance Certificate
Every property for sale in Spain requires an official Certificado de Eficiencia Energética. The rating reflects estimated energy consumption per m² per year.
A
< 29kWh/m²
B
29 – 49kWh/m²
C
50 – 79kWh/m²
D
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
G
> 240kWh/m²
Energy ratings are based on the official Spanish energy certificate. Actual costs depend on usage, occupancy and energy provider. Properties rated D or below may benefit significantly from insulation and system upgrades.
Estimated Buying Costs
Approximate costs for a resale property in Valencian Community.
Transfer Tax (ITP 10%)
€15,990
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,935
Community Fees (monthly)
€85/mo
IBI Property Tax (annual)
€240/yr
Est. Total Purchase Costs
~€19,075 (11.9%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€85/mo
€1,020/year · covers pool, gardens, common areas
IBI Property Tax
€240/yr
€20/month · municipal property tax
Total fixed costs€1,260/year (€105/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,599
this property
Torrevieja Average
~€3,235
per m² (resale)
Difference
-51%
below average
Below area average — potential value buy
Market data is indicative. Actual values depend on exact location, condition and specification. Consult our team for a detailed market appraisal.
About Acequión, Torrevieja
Acequion is a central residential neighbourhood in Torrevieja, located between the town's port and marina to the south and the main commercial streets to the north. Playa del Acequion is the nearest beach, reachable on foot in under two minutes from this building. The daily municipal market on Calle del Mercado is within walking distance, as are a range of independent shops, cafés and restaurants along the seafront promenade. The area attracts a mix of year-round Spanish residents and northern European buyers, giving it a settled, mixed character rather than a purely seasonal feel. Property types in Acequion are predominantly apartment blocks built between the 1960s and 1990s.
What are the purchase costs on top of the EUR 159,900 asking price?
As a resale property in the province of Alicante, this apartment is subject to ITP (transfer tax) at 10%, which amounts to EUR 15,990. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 1,599 plus VAT). In total, buyers should budget for approximately 12 to 13% on top of the purchase price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend non-residents up to 60 to 70% of the purchase price or valuation, whichever is lower, meaning a deposit of around 30 to 40% is usually required. On EUR 159,900, that represents a deposit of roughly EUR 48,000 to EUR 64,000. Current variable and fixed rates from Spanish lenders generally range from 3.5% to 4.5%, though terms vary by lender and applicant profile.
What are the ongoing running costs for this apartment?
The estimated IBI (council tax) is EUR 240 per year. Community fees are estimated at EUR 85 per month, covering shared building maintenance and the lift. Please note these figures are estimates and should be confirmed with the relevant authorities and the owners' community before exchange.
Can I view this property remotely before visiting in person?
Yes. OceanHome can arrange a video viewing via WhatsApp or video call at a time that suits you, so you can assess the property before committing to travel. In-person viewings in Acequion can typically be arranged at short notice.
Is this apartment suitable for holiday letting?
Torrevieja's Acequion neighbourhood is a licensed tourist area and properties here are in demand for both short-term summer lets and longer winter rentals, particularly among northern European visitors. A three-bedroom apartment 100 metres from the beach is a strong candidate for a tourist rental licence, though buyers should verify the current licensing requirements with the Ayuntamiento de Torrevieja before purchase.
What does the purchase process involve?
The first step is obtaining an NIE (Número de Identificación de Extranjero), the tax identification number required for any property purchase in Spain. Once you have agreed terms, a reservation deposit is paid to take the property off the market. This is followed by a private purchase contract (arras), in which typically 10% of the price is paid and the completion date is fixed. Finally, both parties sign before a notary, at which point the remaining balance and taxes are settled and the keys are handed over.
