Built in 1980, this corner apartment on the third floor covers 116m2 of internal space, making it one of the larger one-bedroom layouts available in the Centro district of Torrevieja. The south-east orientation brings natural light through much of the day, and the corner position means windows on two aspects. Two bathrooms, a separate laundry room, a pantry and built-in wardrobes add practical storage throughout. The building has a lift, and the apartment also has both a balcony and a terrace.Centro is Torrevieja's commercial and civic heart, centred on Calle Ramón Gallud and the pedestrianised Calle del Carmen, where daily markets, restaurants, pharmacies and local shops are within a short walk. The Mercado Municipal on Calle Doctor Marañón is roughly 400 metres away. Parque de las Naciones and the town's saltwater lagoons are reachable on foot, and Alicante-Elche Airport is approximately 35 minutes by car. Centro is a well-connected neighbourhood with consistent year-round demand from both residents and visitors.At EUR 190,000, the price per m2 works out to approximately EUR 1,638. Community fees are EUR 360 per year (EUR 30 per month). IBI figures are not currently available and should be requested from the vendor before exchange. The energy rating is G, which is typical for a 1980s build, and buyers may wish to factor potential improvements into their budget. Torrevieja's tourist rental licence zone status makes Centro a practical choice for investors targeting short-term lets, though rental income will depend on management, occupancy and seasonality.
Property Details
Property Type
Apartment
Bedrooms
1
Bathrooms
2
Built Area
116 m²
Floor
3
Year Built
Built 1980 (46 years)
Orientation
South-East-facing— Morning sun and bright afternoons
Energy Certificate
Rating G
Reference
OH02270
Features & Amenities
Outdoor & Pool
Balcony
Terrace
Security & Access
Lift
Storage & Parking
Built-in wardrobes
Laundry room
Pantry
Interior
Natural light
Other Features
Corner position
2 bathrooms
South-east orientation
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Torrevieja · 37.9801, -0.6809
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%)
€19,000
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€2,299
Community Fees (monthly)
€360/mo
Est. Total Purchase Costs
~€22,449 (11.8%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€360/mo
€4,320/year · covers pool, gardens, common areas
Total fixed costs€4,320/year (€360/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,638
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
-1%
below average
In line with local market rates
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.
What are the estimated purchase costs on top of the EUR 190,000 asking price?
For a resale property in the Valencia Community (Alicante province), the main transfer tax (ITP) is 10% of the purchase price, which comes to EUR 19,000 on this apartment. Additional costs include notary fees of roughly EUR 600–1,200, land registry fees of around EUR 400–800, and legal/conveyancing fees of approximately 1% plus VAT (roughly EUR 1,900 plus VAT). In total, budget for around 12–13% on top of the purchase price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend up to 60–70% of the purchase price to non-residents, meaning a minimum deposit of 30–40% is required. On EUR 190,000 that equates to a deposit of EUR 57,000–76,000. Current variable and fixed rates for non-resident mortgages are broadly in the 3.5–4.5% range, though the exact rate will depend on your financial profile and the lender.
What are the ongoing running costs for this apartment?
Community fees are EUR 360 per year (EUR 30 per month). The annual IBI (council tax) figure is not available from the current data and should be confirmed with the vendor or the local Ayuntamiento before you commit to a purchase. The basura (rubbish collection) charge is also currently unavailable. Budget for these items separately.
How can I arrange a viewing?
Contact OceanHome directly to book an in-person visit at a time that suits you. If you are based outside Spain, we can arrange a live video viewing so you can walk through the property remotely before committing to travel.
What is the rental potential for this apartment in Centro, Torrevieja?
Centro falls within Torrevieja's tourist rental licence zone, which means short-term holiday letting is permitted subject to obtaining the relevant licence from the Generalitat Valenciana. The town draws visitors throughout the year, with peak demand from June to September. A one-bedroom apartment of 116m2 in a central location can attract both short-term and longer-term tenants. We do not quote yield percentages, as actual income will depend on management, pricing strategy and occupancy rates.
What does the purchase process involve?
First, you will need a Spanish tax identification number (NIE), which your lawyer can apply for on your behalf. Once you have agreed a price, you pay a reservation fee (typically EUR 3,000–6,000) to take the property off the market. This is followed by a private purchase contract (arras), at which point you pay roughly 10% of the purchase price. The balance is paid at the notary on the completion date, when ownership transfers officially. Engaging an independent Spanish property lawyer before you sign anything is strongly recommended.
