A first-floor bungalow built in 2001, this 52 m2 property in Aguas Nuevas sits within a well-maintained residential complex and is ready to move into. The layout includes two bedrooms, one bathroom, a separate kitchen, a living room, and an enclosed terrace that extends the usable space throughout the year. One bedroom overlooks the communal pool and the complex's green areas. Air conditioning, double glazing, and built-in wardrobes are all fitted.Aguas Nuevas is a residential district in the eastern part of Torrevieja, close to the Torrevieja Sports Complex on Calle Joaquín García Hernández, which includes swimming pools, tennis courts, and multi-sport facilities. Day-to-day amenities including supermarkets, cafés, and local shops are within easy walking distance of the complex.Annual IBI is €130 and community fees are €45 per month, which cover maintenance of the communal pool and gardens. The property holds an energy rating of G. Aguas Nuevas attracts both permanent residents and holiday buyers, and the complex's communal facilities make short-term letting a practical consideration for investors. Alicante-Elche Airport is approximately 35 minutes by road.
Property Details
Property Type
Bungalow
Bedrooms
2
Bathrooms
1
Built Area
52 m²
Floor
1
Year Built
Built 2001 (25 years)
Energy Certificate
Rating G
Reference
OH02462
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Communal pool
Communal gardens
Enclosed terrace
Storage & Parking
Built-in wardrobes
Interior
First-floor position
Other Features
Separate kitchen
Double glazing
Mains water
Mains electricity
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Aguas Nuevas, Torrevieja · 37.9967, -0.6708
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%)
€16,990
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€2,056
Community Fees (monthly)
€45/mo
IBI Property Tax (annual)
€130/yr
Est. Total Purchase Costs
~€20,196 (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
€130/yr
€11/month · municipal property tax
Total fixed costs€670/year (€56/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€3,267
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+98%
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 Aguas Nuevas, 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. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you budget. On top of ITP, allow for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees (typically 1% of the purchase price plus VAT).
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can generally obtain a mortgage from a Spanish lender, though most banks lend up to 60–70% of the purchase price or valuation, whichever is lower. This means a deposit of around 30–40% is typically required. Variable and fixed rates currently range from approximately 3.5% to 4.5%, depending on the lender and your financial profile. We can refer you to an independent mortgage broker with experience in cross-border purchases.
What are the ongoing running costs for this property?
Annual IBI (council tax) is €130. Community fees are €45 per month, covering upkeep of the communal pool and gardens. There is no basura (refuse collection) charge on record for this listing; your solicitor can confirm the current amount with the local authority. Utilities — water and electricity — are billed directly to the owner through mains connections.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings by appointment, so you can see the property live via video call before committing to a visit. We can also arrange an in-person viewing at a time that suits you. Contact our Torrevieja office to book either option.
Is this property suitable as a rental investment?
Aguas Nuevas is an established residential area with steady demand from both short-term holiday visitors and longer-term tenants. The communal pool and proximity to town-centre amenities are practical draws for renters. You will need a tourist licence from the Valencian Community authorities to let the property on a short-term basis. We can connect you with a local property manager who can advise on licence requirements and expected occupancy.
What steps are involved in buying this property?
First, obtain a Spanish NIE (foreigner identification number), which is required for any property purchase. Once you agree a price, a reservation deposit — typically EUR 3,000–6,000 — is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), usually signed within two to four weeks, at which point roughly 10% of the purchase price changes hands. The balance is paid at the notary on completion, when the title deed (escritura) is signed and the property is registered in your name. We recommend appointing an independent Spanish solicitor to carry out due-diligence checks before any money is committed.
