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South-Facing 3-Bedroom Apartment in Centro, Torrevieja

Centro, Torrevieja · AlicanteListed Sept 2025

3 Bed1 Bath89 m²Built 1973Energy: G

Description

This 3-bedroom apartment in Centro sits on the 6th floor of a 8-storey building, covering 89 m2 of living space. The interior includes built-in wardrobes. The apartment faces south. The building dates from 1973. Centro is a residential area within Torrevieja. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 159,900 works out to EUR 1,797 per square metre. Annual IBI property tax is EUR 263. Community fees are EUR 39 per quarter. The energy rating is G. The building has a lift. Transfer tax (ITP) in Alicante is 10%.

Property Details

Property TypeApartment
Bedrooms3
Bathrooms1
Built Area89 m²
Floor6 of 8
Year BuiltBuilt 1973 (53 years)
OrientationSouth-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy CertificateRating G
ReferenceOH01912

Features & Amenities

Outdoor & Pool
  • Balcony
Security & Access
  • Lift
Storage & Parking
  • Built-in wardrobes
Interior
  • Bright and airy
Other Features
  • Near beach
  • South-facing

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Torrevieja · 37.9764, -0.6808

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
B
C
D
E
F
GThis property

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%)€15,990
Notary Fees~€700
Land Registry~€450
Legal Fees (1% + VAT)~€1,935
Community Fees (monthly)€39/mo
IBI Property Tax (annual)€263/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

€39/mo

€468/year · covers pool, gardens, common areas

IBI Property Tax

€263/yr

€22/month · municipal property tax

Total fixed costs€731/year (€61/month)

Investment Snapshot

How this property compares to the local Torrevieja market.

Price per m²

€1,797

this property

Torrevieja Average

~€3,235

per m² (resale)

Difference

-44%

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 Centro, Torrevieja

Torrevieja is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.

All properties in CentroTorrevieja area guide

Frequently Asked Questions

What are the total purchase costs?
For this apartment at EUR 159,900, purchase costs include 10% transfer tax (ITP) of EUR 15,990, notary fees around EUR 700, land registry approximately EUR 450, and legal fees of about EUR 1,935. Budget approximately EUR 19,075 in total buying costs on top of the purchase price.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 159,900, a 60% mortgage would be EUR 95,940, requiring a deposit of EUR 63,960. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 506. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What are the running costs?
Annual running costs for this apartment include: IBI property tax is EUR 263 per year; community fees are EUR 39 per quarter; 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.
How can I arrange a viewing?
Contact Maya Kallio to arrange an in-person viewing of this apartment in Centro. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Is this a good rental investment?
Torrevieja has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-bedroom apartment in Centro 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.
What is the buying process in Spain?
The Spanish buying process starts with obtaining an NIE (foreigner identification number). After agreeing a price, you sign a reservation contract with a deposit (typically EUR 3,000-6,000). The next step is the arras contract, where you pay 10% of the price. Completion takes place at a notary, where the escritura (title deed) is signed and the balance paid. The whole process typically takes 6-10 weeks from reservation to completion.

Price

€159,900€1,797/m²
Enquire Now+34 931 222 244

Ref: OH01912

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

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Key Details

Type
apartment
Bedrooms
3
Bathrooms
1
Build Size
89 m²
Energy Rating
G

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