Built in 2005, this south-facing 2-bedroom, 1-bathroom apartment sits on the second floor of a residential building in Centro, Torrevieja, with 60m2 of internal space and a 3m2 terrace. The building was constructed in 2005 and has two lifts. A communal pool with a surrounding terrace is available to residents. The apartment faces south, benefiting from natural light throughout the day.Centro is Torrevieja's central district, placing daily essentials within easy reach. A Mercadona supermarket is approximately 50 metres from the building on the same street. The nearest beaches are around 500 metres away, accessible on foot in under 10 minutes. The Mercado Municipal on Calle Patricio Pérez, the Paseo Vista Alegre promenade, and the Parque de las Naciones are all within walking distance of the building.Annual IBI is EUR 250 and community fees are EUR 31 per month. The property holds an energy rating of E. Centro's central location and proximity to the beach make it a practical choice for both permanent residents and those seeking a holiday base, with Alicante-Elche Airport approximately 35 minutes away by car.
Property Details
Property Type
Apartment
Bedrooms
2
Bathrooms
1
Built Area
60 m²
Terrace
3 m²
Floor
2
Year Built
Built 2005 (21 years)
Orientation
South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate
Rating E
Reference
OH02424
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Communal pool
Terrace
Security & Access
Two lifts
Storage & Parking
Built-in wardrobes
Interior
Second floor
Other Features
South-facing
Double glazing
Energy rating E
Built 2005
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Torrevieja · 37.9807, -0.6747
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
EThis property
120 – 179kWh/m²
F
180 – 239kWh/m²
G
> 240kWh/m²
Rating
E
Below Average
Consumption
120 – 179
kWh/m² per year
Est. Annual Cost
€1,010 – €1,520
energy bills/year
How to improve the energy rating
Improving roof or wall insulation
Upgrading to LED lighting throughout
Installing solar panels for hot water
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%)
€13,990
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,693
Community Fees (monthly)
€31/mo
IBI Property Tax (annual)
€250/yr
Est. Total Purchase Costs
~€16,833 (12.0%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€31/mo
€372/year · covers pool, gardens, common areas
IBI Property Tax
€250/yr
€21/month · municipal property tax
Total fixed costs€622/year (€52/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,332
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+41%
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.
As a resale property in the Valencia Community (Alicante province), buyers pay Impuesto de Transmisiones Patrimoniales (ITP) at 10% of the purchase price. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees of around 1% of the purchase price plus VAT. Budget for total purchase costs of roughly 12–13% above the agreed price.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders typically offer non-residents a loan-to-value ratio of 60–70%, meaning a deposit of 30–40% of the purchase price is usually required. Current variable and fixed mortgage rates in Spain are broadly in the range of 3.5–4.5%, though individual offers will vary by lender and applicant profile. An independent mortgage broker can help compare options.
What are the ongoing running costs?
The annual IBI (council tax) is EUR 250. Community fees are EUR 31 per month, covering maintenance of communal areas including the pool. There is no basura (rubbish collection) figure on record for this property; buyers should confirm this with the local council. Utility contracts for electricity and water are transferred to the new owner at completion.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who are unable to travel to Torrevieja. Our agents can conduct a live walkthrough via video call at a time that suits you, covering all rooms, the terrace, communal areas, and the building entrance. In-person viewings can be arranged once you are in the area.
Is this apartment suitable as a rental investment?
Centro is one of Torrevieja's most central locations, with the beach within 500 metres and local amenities close by, which supports demand for both short-term holiday rentals and longer-term lets. To operate a tourist rental legally in the Valencia Community, you must obtain a tourism licence from the Generalitat Valenciana before listing the property. We recommend taking legal advice on licence eligibility before purchase.
What does the purchase process involve?
First, you will need a Spanish NIE (Número de Identificación de Extranjero), which is required for all property transactions. 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), under which a further deposit — typically 10% of the purchase price — is exchanged. Completion takes place before a notary, at which point the balance is paid and keys are handed over. The whole process from offer to completion typically takes 6–10 weeks.
