Renovated 1-Bedroom Bungalow in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Jun 2026 · Updated 6 Sept 2026
1 Bed1 Bath180 m²Built 2004Energy: Exempt
Description
Fully renovated three years ago, this single-storey bungalow in La Siesta, Torrevieja covers 180m2 of built space and holds planning permission, confirmed by the Town Planning Department, to add a second storey. The electrical and plumbing systems, flooring, windows, front door, walls, kitchen and bathroom fittings were all replaced as part of the 2021 refurbishment, so no further investment is required to move in.The layout comprises an entrance courtyard, a hall, a double bedroom with a walk-in wardrobe, a spacious en-suite bathroom, a living room and a kitchen with a dining area. Both the bedroom and bathroom benefit from natural skylight lighting. An upper-level solarium offers unobstructed views in all directions and is already usable as an outdoor living space, with scope to enclose it if a second storey is built.La Siesta is a low-rise residential area in the southern part of Torrevieja, set among quiet streets and well-kept communal gardens. Supermarkets, parks, restaurants and bus stops are all within the neighbourhood. Alicante-Elche Airport is approximately 35 minutes by car. The property sits within a development that carries no community fees, and the energy certificate is exempt from rating. IBI is to be confirmed with the agent.
Property Details
| Property Type | Bungalow |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 180 m² |
| Floor | 0 |
| Year Built | Built 2004 (22 years) |
| Energy Certificate | Rating Exempt |
| Reference | OH02326 |
Features & Amenities
Outdoor & Pool
- Solarium
- Patio
Security & Access
- Alarm system
Storage & Parking
- Walk-in wardrobe
Interior
- Fully renovated (2021)
- En-suite bathroom
- Skylights
- Ground floor
Other Features
- Planning permission for second storey
- Gym
- No community fees
- East-facing
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
La Siesta, Torrevieja · 38.0081, -0.6847
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/m²B
29 – 49kWh/m²C
50 – 79kWh/m²D
80 – 119kWh/m²E
120 – 179kWh/m²F
180 – 239kWh/m²G
> 240kWh/m²Energy 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%) | €11,800 |
| Notary Fees | ~€700 |
| Land Registry | ~€450 |
| Legal Fees (1% + VAT) | ~€1,428 |
| Est. Total Purchase Costs | ~€14,378 (12.2%) |
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€656
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
-60%
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 La Siesta, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
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 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 (EUR 600–1,200), land registry fees (EUR 400–800) and legal fees of around 1% of the purchase price plus VAT.
Can non-residents get a mortgage on this property?
Spanish lenders typically offer non-residents up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates in Spain generally range between 3.5% and 4.5%, though the rate offered will depend on your financial profile and the lender. We can introduce you to independent mortgage brokers who work with international buyers.
What are the ongoing running costs?
This property has no community fees. IBI (council tax) and the annual refuse charge are to be confirmed with the agent. The energy performance certificate is exempt from the standard rating scale, which is common for properties of this type and age.
Can I arrange a viewing remotely?
Yes. We offer video viewings by appointment, allowing you to walk through the property live with one of our agents via video call. In-person viewings can also be arranged. Contact us to book either option.
Is this property suitable as a rental investment?
La Siesta attracts both long-term residents and visitors to the Torrevieja area, so there is demand for both rental types. As a tourist rental, you would need to obtain a tourist licence from the Valencian Community authorities before letting the property. The absence of community fees keeps running costs low, which is a relevant factor when assessing rental returns. We recommend consulting a local property manager for realistic occupancy and yield estimates specific to this street and property type.
What does the purchase process involve?
The first step for non-Spanish buyers is obtaining an NIE (Número de Identificación de Extranjero), which is required for any property transaction in Spain. Once an offer is agreed, a reservation deposit is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), at which point typically 10% of the purchase price is paid. Completion takes place before a Spanish notary, at which point the balance and all taxes and fees are settled, and the title deeds are signed and registered.
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
- bungalow
- Bedrooms
- 1
- Bathrooms
- 1
- Build Size
- 180 m²
- Energy Rating
- Exempt
