Top-Floor 2-Bedroom Bungalow in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Jun 2026 · Updated 6 Sept 2026
2 Bed1 Bath50 m²Built 1997Energy: G
Description
Built in 1997, this top-floor 2-bedroom bungalow in La Siesta sits on the uppermost level of a small residential complex and comes with a private rooftop solarium. The property covers 50m2 of internal space across 2 bedrooms and 1 bathroom. Air conditioning is installed, and the living areas receive natural light throughout the day. The complex has a communal pool shared by residents.La Siesta is a quiet residential quarter of Torrevieja, lying roughly 35 minutes by road from Alicante-Elche Airport (ALC). The neighbourhood sits close to the La Mata salt lake and its surrounding natural park, which offers marked walking routes along the water's edge. Local shops and everyday amenities are within the district, and Torrevieja's town centre, with its covered market on Calle Patricio Pérez and seafront promenade, is a short drive away.Annual IBI is €130 and community fees run to €250 per month. The property carries an energy rating of G. La Siesta attracts both permanent residents and holiday buyers given its position between Torrevieja and La Mata, and short-term rental demand in the area is consistent across the summer season.
Property Details
Property Type
Bungalow
Bedrooms
2
Bathrooms
1
Built Area
50 m²
Floor
0
Year Built
Built 1997 (29 years)
Energy Certificate
Rating G
Reference
OH02304
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Communal pool
Private solarium
Interior
Top-floor position
Natural light throughout
Other Features
2 bedrooms
1 bathroom
50m2 build size
Built in 1997
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 38.0107, -0.6822
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%)
€13,000
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,573
Community Fees (monthly)
€250/mo
IBI Property Tax (annual)
€130/yr
Est. Total Purchase Costs
~€15,723 (12.1%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€250/mo
€3,000/year · covers pool, gardens, common areas
IBI Property Tax
€130/yr
€11/month · municipal property tax
Total fixed costs€3,130/year (€261/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,600
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+58%
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 La Siesta, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
What purchase costs should I budget for 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 — and are worth checking before you budget. On top of ITP, allow for 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.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates from Spanish lenders generally range between 3.5% and 4.5%, though rates vary by lender and individual profile. A Spanish mortgage broker can compare options across multiple banks.
What are the ongoing running costs for this property?
The annual IBI (council tax) for this property is €130. Community fees are €250 per month, which covers maintenance of the communal areas and pool. There is no basura (refuse collection) figure on record for this listing; the agent can confirm the current charge. The energy performance rating is G.
Can I view the property remotely before travelling?
Yes. OceanHome can arrange a live video viewing via WhatsApp or your preferred platform at a time that suits you. This allows you to walk through the property in real time with an agent before committing to travel. In-person viewings in La Siesta can be scheduled directly through the office.
Is this property suitable as a rental investment?
La Siesta and the wider Torrevieja area see consistent short-term rental demand during the summer months, with visitors drawn to the Costa Blanca coastline and the nearby La Mata natural park. The private solarium and communal pool add practical appeal for holiday lets. A tourist rental licence (licencia de arrendamiento turístico) is required in the Valencian Community before letting; the agent can advise on the application process.
What does the purchase process involve?
First, obtain an NIE (Número de Identificación de Extranjero), the tax identification number required for any property transaction in Spain. Once you have agreed a price, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the purchase price is exchanged. Completion takes place before a notary, at which point the balance is paid and keys are transferred. Using an independent Spanish solicitor throughout is strongly recommended.
