Constructed in 1980 and fully renovated to a contemporary finish, this 105m² southeast-facing apartment on the third floor of a lift-served building in Acequion offers three bedrooms, two bathrooms, and a terrace. The building has a lift and the apartment includes double glazing, a heat pump for heating and cooling, and built-in wardrobes in the bedrooms. The southeast orientation brings natural light into the living areas for much of the day.Acequion sits directly between La Acequión beach and Torrevieja's town centre, placing the apartment within easy walking distance of the seafront, the Paseo Juan Aparicio promenade, local supermarkets, pharmacies, and restaurants on Calle Patricio Pérez. Alicante-Elche Airport is approximately 35 minutes by car. The neighbourhood is served by local bus routes connecting it to the wider Costa Blanca.Annual IBI is EUR 321 and monthly community fees are EUR 45, which covers building maintenance. The property holds an energy rating of G, typical of 1980s construction in Acequion. Torrevieja's established holiday rental market means the apartment may suit investors as well as owner-occupiers.
Property Details
Property Type
Apartment
Bedrooms
3
Bathrooms
2
Built Area
105 m²
Floor
3
Year Built
Built 1980 (46 years)
Orientation
South-East-facing— Morning sun and bright afternoons
Energy Certificate
Rating G
Reference
OH02463
Features & Amenities
Climate & Comfort
Heat pump (heating and cooling)
Air conditioning
Outdoor & Pool
Terrace
Security & Access
Lift
Storage & Parking
Built-in wardrobes
Laundry room
Interior
Third-floor position
Renovated interior
Other Features
Southeast orientation
Double glazing
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Acequión, Torrevieja · 37.9731, -0.6941
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
GThis property
> 240kWh/m²
Rating
G
Very Poor
Consumption
> 240
kWh/m² per year
Est. Annual Cost
> €2,030
energy bills/year
How to improve the energy rating
Installing double-glazed windows
Adding wall and roof insulation
Upgrading to an efficient air-conditioning / heating system
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%)
€22,990
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€2,782
Community Fees (monthly)
€45/mo
IBI Property Tax (annual)
€321/yr
Est. Total Purchase Costs
~€27,372 (11.9%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€45/mo
€540/year · covers pool, gardens, common areas
IBI Property Tax
€321/yr
€27/month · municipal property tax
Total fixed costs€861/year (€72/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,190
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+33%
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 Acequión, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
What purchase costs should I budget for beyond 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. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. 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.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically obtain a mortgage in Spain, though lenders generally require a deposit of 30–40% of the purchase price. Variable and fixed mortgage rates currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile. We can refer you to independent mortgage brokers with experience in Costa Blanca purchases.
What are the ongoing running costs for this apartment?
The annual IBI (council tax) is EUR 321. Monthly community fees are EUR 45, covering shared building maintenance and lift servicing. You should also allow for utilities such as electricity, water, and internet, the costs of which vary by usage and provider.
Can I view the apartment remotely before travelling to Spain?
Yes. We offer video viewings by appointment, allowing you to take a guided tour of the property via a live video call. This is a practical first step before arranging an in-person visit. Contact us to schedule a time that suits you.
Is this apartment suitable as a holiday rental investment?
Acequion's proximity to La Acequión beach and Torrevieja's town centre makes it an area with consistent tourist demand throughout the year. Holiday rental licences are required in the Valencian Community, and availability of licences can vary. We recommend taking legal advice on current licensing conditions before committing to a rental strategy.
What does the purchase process involve for a buyer new to Spain?
You will first need an NIE (Número de Identificación de Extranjero), which is a Spanish tax identification number required for all property transactions. The typical process begins with a reservation agreement and a holding deposit to take the property off the market, followed by a private purchase contract (arras) in which a further deposit, usually 10% of the purchase price, is paid. The sale is then completed before a notary, at which point the remaining balance and all taxes are settled. We recommend appointing an independent Spanish solicitor to act on your behalf throughout.
