Renovated 2-Bedroom Bungalow in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Jun 2026 · Updated 6 Sept 2026
2 Bed1 Bath68 m²Built 1986Energy: G
Description
Built in 1986, this ground-floor 2-bedroom bungalow in La Siesta measures 68m2 and is currently undergoing a complete renovation, to be delivered fully refurbished and furnished. The south-facing orientation brings good natural light into the living spaces throughout the day. The property includes 1 bathroom, a rear patio, and a front terrace, and sits within a gated urbanisation.La Siesta is a well-established residential area of Torrevieja, situated roughly 10 minutes by car from the town's main beaches, including Playa del Cura and Playa de los Locos. Local amenities, including supermarkets and cafés, are accessible within the neighbourhood. Alicante-Elche Airport is approximately 35 minutes away by car.Annual IBI is €150, and community fees are currently nil. The property carries an energy rating of G. La Siesta attracts both owner-occupiers and buyers seeking a rental property, given its proximity to Torrevieja's coast and year-round population.
Property Details
Property Type
Bungalow
Bedrooms
2
Bathrooms
1
Built Area
68 m²
Floor
0
Year Built
Built 1986 (40 years)
Orientation
South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate
Rating G
Reference
OH02327
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Terrace
Rear patio
Security & Access
Gated urbanisation
Interior
Natural light throughout
Ground floor
Other Features
South-facing orientation
Full renovation on delivery
Delivered fully furnished
2 bedrooms
1 bathroom
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 38.0184, -0.6882
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%)
€15,995
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,935
IBI Property Tax (annual)
€150/yr
Est. Total Purchase Costs
~€19,080 (11.9%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
IBI Property Tax
€150/yr
€13/month · municipal property tax
Total fixed costs€150/year (€13/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,352
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+43%
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 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. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically 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 — so it is worth checking before you finalise your 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. Current variable and fixed rates in Spain broadly range from 3.5% to 4.5%, depending on the lender and your financial profile. We recommend consulting an independent mortgage broker familiar with Spanish lending.
What are the ongoing running costs?
The annual IBI (council tax) for this property is €150. Community fees are currently nil. Utility costs — electricity, water, and internet — will vary with usage. The energy certificate is rated G, so heating and cooling costs may be higher than in a more recently built or better-insulated property.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who cannot travel to Torrevieja immediately. Contact us to schedule a live video call or to request a recorded walkthrough of the property.
Is this property suitable as a rental investment?
La Siesta is a popular residential area of Torrevieja, which benefits from a strong year-round rental market due to its coastal location and established expat community. Short-term tourist lets require a local tourism licence from the Valencian Community authorities. We can advise on the licensing process, but we do not quote projected yields as actual returns depend on management, occupancy, and market conditions.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in person in Spain. Once you agree a price, a reservation fee is typically paid to take the property off the market. This is followed by a private purchase contract (arras), in which you pay an agreed deposit — commonly 10% of the purchase price. The balance is paid at completion before a notary, who registers the transfer. We strongly recommend appointing an independent Spanish property lawyer to act on your behalf throughout.
