Below-Ground 3-Bedroom Apartment in Centro, Torrevieja
Centro, Torrevieja · AlicanteListed Jun 2026
3 Bed3 Bath38 m²Built 2001Energy: Exempt
Description
This 3-bedroom, 3-bathroom apartment in Centro, Torrevieja sits on the basement floor of a 2001-built residential building and is priced at EUR 159,000. The internal build covers 38m2, which accommodates a living and dining area, a kitchen with white goods included, and three bedrooms each served by their own bathroom. The apartment is sold partly furnished and includes air conditioning throughout. A corner terrace with open views and a private patio and storage area are also included within the property.Centro is Torrevieja's central district, with Calle Ramón Gallud and Avenida de las Habaneras among its main thoroughfares. The municipal market, local supermarkets, and a broad selection of bars and restaurants are all within a few minutes on foot. The promenade and the waterfront are approximately 750 metres from the building. Alicante-Elche airport is around 35 minutes away by road, making the location practical for both residents and visitors travelling frequently.At EUR 159,000, the price per m2 works out at approximately EUR 4,184. IBI is approximately EUR 250 per year and the waste collection tax is approximately EUR 80 per year. Community fees are listed as EUR 0. The energy rating is exempt. Centro attracts both permanent residents and holiday visitors throughout the year, giving the property a broad rental market for buyers considering short or long-term letting.
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 38 m² |
| Floor | -1 |
| Year Built | Built 2001 (25 years) |
| Energy Certificate | Rating Exempt |
| Reference | OH02282 |
Features & Amenities
Climate & Comfort
- Air conditioning
Outdoor & Pool
- Communal pool
- Communal rooftop terrace
Security & Access
- Lift
Other Features
- 3 bedrooms
- 3 bathrooms
- Partly furnished
- White goods included
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Centro, Torrevieja · 37.9814, -0.6888
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%) | €15,900 |
| Notary Fees | ~€700 |
| Land Registry | ~€450 |
| Legal Fees (1% + VAT) | ~€1,924 |
| Est. Total Purchase Costs | ~€18,974 (11.9%) |
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€4,184
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+154%
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 for this apartment?
As a resale property in the Valencia Community (Alicante province), buyers pay 10% ITP (transfer tax) on the purchase price, which is EUR 15,900. Notary fees typically run between EUR 600 and EUR 1,200, land registry fees between EUR 400 and EUR 800, and legal fees are usually around 1% of the purchase price plus VAT (approximately EUR 1,908 including VAT). Total additional costs are typically in the region of EUR 18,500 to EUR 20,000.
Can non-residents obtain a mortgage to purchase this apartment?
Yes. Most Spanish lenders offer non-resident mortgages on properties of this type. Lenders generally require a deposit of 30–40% of the purchase price, so buyers should expect to provide between EUR 47,700 and EUR 63,600 upfront. Current variable and fixed rates range from approximately 3.5% to 4.5% depending on the lender and applicant profile. We can refer you to an independent mortgage broker for specific guidance.
What are the ongoing running costs for this property?
IBI (council tax) is approximately EUR 250 per year and the waste collection tax is approximately EUR 80 per year, giving an estimated annual total of EUR 330 for those two charges. Community fees are listed as EUR 0. Utility costs for water and electricity will depend on usage.
Can I arrange a viewing remotely before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to visit in person, allowing you to walk through the property via a live or recorded video call. In-person viewings can be arranged at a time that suits you. Contact us to book either option.
What is the rental potential for this apartment in Centro, Torrevieja?
Centro is one of Torrevieja's most active districts for both short-term holiday lets and long-term residential rentals. The proximity to the promenade, the market, and local amenities makes the apartment attractive to a wide range of tenants. A tourist rental licence from the Comunitat Valenciana is required for short-term letting; our team can advise on the application process.
What steps are involved in purchasing a property in Spain?
You will first need a Spanish NIE (foreigner identification number), which is required for all property transactions. Once you have agreed a price, a reservation contract and deposit are signed to take the property off the market. This is followed by a private purchase contract (arras), where a further deposit, typically 10% of the price, is paid. The sale is completed before a notary, at which point the remaining balance and all taxes and fees are settled and the title deeds are signed over to you.
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
- 3
- Bathrooms
- 3
- Build Size
- 38 m²
- Energy Rating
- Exempt
