Below-Ground 1-Bedroom Apartment in Centro, Torrevieja
Centro, Torrevieja · AlicanteListed Jun 2026
1 Bed1 Bath32 m²Built 2006Energy: Exempt
Description
Built in 2006, this 1-bedroom, 1-bathroom apartment in Centro, Torrevieja covers 32m2 of internal space and sits on the lower ground floor of a residential building equipped with a lift. At EUR 116,000, the price per m2 works out at EUR 3,625, which sits below the average for resale apartments in central Torrevieja. Two allocated parking spaces are included in the price, an uncommon inclusion for a property at this level in the centre of town.Centro is Torrevieja's commercial and civic core. Calle Ramón Gallud, the main retail street, and the waterfront Paseo Vista Alegre are both within easy walking distance of the building. The local Thursday and Friday markets operate near the Plaza de la Constitución, approximately 500 metres away. Alicante-Elche Airport is around 35 minutes by car, and the Centro district itself offers daily amenities within a compact, walkable area. The neighbourhood is active year-round, with a permanent resident population alongside seasonal visitors.Community fees are EUR 0 per month. IBI and basura figures are not available at the time of listing and must be confirmed with the vendor before exchange. The energy certificate is registered as exempt, which is standard for certain building classifications. The property is suitable as a permanent residence or longer-term rental, given the year-round nature of the Centro neighbourhood and the inclusion of 2 parking spaces, which adds practical appeal for tenants.
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 32 m² |
| Floor | -1 |
| Year Built | Built 2006 (20 years) |
| Energy Certificate | Rating Exempt |
| Reference | OH02275 |
Features & Amenities
Security & Access
- Lift
Storage & Parking
- 2 parking spaces
Interior
- Lower ground floor
Other Features
- 1 bedroom
- 1 bathroom
- 32m2 build
- Built 2006
- No community fees
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Centro, Torrevieja · 37.9849, -0.6805
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%) | €11,600 |
| Notary Fees | ~€700 |
| Land Registry | ~€450 |
| Legal Fees (1% + VAT) | ~€1,404 |
| Est. Total Purchase Costs | ~€14,154 (12.2%) |
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€3,625
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+120%
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 Centro, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs on top of the EUR 116,000 asking price?
As a resale property in Alicante province, you pay ITP (transfer tax) at 10%, which is EUR 11,600. Additional costs include notary fees (approximately EUR 600–1,200), Land Registry fees (approximately EUR 400–800), and legal fees of around 1% of the purchase price plus VAT (roughly EUR 1,160 plus VAT). In total, budget for approximately 12–13% on top of the purchase price, or around EUR 14,000–15,000.
Can I get a mortgage as a non-resident buyer?
Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower. On EUR 116,000, you would need a deposit of at least EUR 34,800–46,400. Current variable and fixed rates for non-residents range from approximately 3.5% to 4.5% annually, though your individual rate will depend on the lender and your financial profile.
What are the ongoing running costs for this apartment?
Community fees are EUR 0 per month. IBI (council tax) and basura (refuse collection) figures are not available at the time of listing and should be requested from the vendor or confirmed via the local catastro office before completion.
Can I view this apartment remotely?
Yes. OceanHome can arrange a live video viewing via WhatsApp or video call if you are unable to travel to Torrevieja. In-person viewings can also be scheduled with advance notice. Contact us to confirm availability.
Is this apartment suitable as a rental investment?
Centro, Torrevieja is an active area for both short-term tourist rentals and longer-term residential lettings. A tourist rental licence would be required for short-term lets in the Valencia Community. The compact size and two parking spaces may suit a longer-term tenant profile. Speak to the agent for current rental market data in this specific area.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which can be obtained in Spain or via a Spanish consulate in your home country. Once you agree a price, a reservation deposit (typically EUR 3,000–6,000) takes the property off the market. This is followed by a private purchase contract (arras), where a further deposit of around 10% is paid. Completion takes place before a notary, at which point the remaining balance and all purchase taxes are settled.
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
- 1
- Bathrooms
- 1
- Build Size
- 32 m²
- Energy Rating
- Exempt
