Built in 1984, this 4-bedroom, 2-bathroom apartment in Centro, Torrevieja occupies the first floor of a gated residential block and covers 130m2 of internal space. The property includes a terrace, built-in wardrobes in the bedrooms, a separate pantry, and air conditioning. The block is served by a lift, and the entrance is secured within a gated urbanisation. The energy rating is G.Centro is Torrevieja's commercial and civic core, placing day-to-day amenities within walking distance. The weekly market on Calle Patricio Pérez, the municipal market building on Calle Ramón Gallud, and the seafront promenade along Paseo Vista Alegre are all reachable on foot. The salt lakes of Parque Natural de las Lagunas de la Mata y Torrevieja border the district to the south, offering walking and cycling routes. Alicante-Elche Airport is approximately 35 minutes by car.Annual IBI is EUR 400, and community fees are EUR 160 per month. This is a resale property in the Valencian Community, so ITP transfer tax applies at 9% of the purchase price, rising to 11% on the entire value above EUR 1,000,000. Reduced rates and local allowances may apply if you meet this region's conditions, for example age, large-family or disability status, or buying a primary residence. 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. Centro's central location and the four-bedroom configuration make the apartment suitable as a primary residence or a longer-term rental.
Property Details
Property Type
Apartment
Bedrooms
4
Bathrooms
2
Built Area
130 m²
Floor
1
Year Built
Built 1984 (42 years)
Energy Certificate
Rating G
Reference
OH02483
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Terrace
Security & Access
Lift
Gated urbanisation
Storage & Parking
Built-in wardrobes
Pantry
Interior
First floor
Natural light
Other Features
4 bedrooms
2 bathrooms
130m2 internal space
Energy rating G
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Torrevieja · 37.9767, -0.6830
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%)
€25,500
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€3,086
Community Fees (monthly)
€160/mo
IBI Property Tax (annual)
€400/yr
Est. Total Purchase Costs
~€30,186 (11.8%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€160/mo
€1,920/year · covers pool, gardens, common areas
IBI Property Tax
€400/yr
€33/month · municipal property tax
Total fixed costs€2,320/year (€193/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,962
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+19%
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.
What purchase costs should I budget for beyond 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 EUR 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. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — so check eligibility before you budget. On top of ITP, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry, and around 1% of the purchase price plus VAT for legal fees.
Can I get a mortgage as a non-resident buyer?
Spanish lenders typically offer non-resident buyers a loan-to-value of 60–70%, meaning you would need a deposit of 30–40% of the purchase price. Current variable and fixed rates for non-resident mortgages generally range from 3.5% to 4.5%, though individual offers vary by lender and applicant profile. We can refer you to independent mortgage brokers with experience in this market.
What are the ongoing running costs for this apartment?
The annual IBI (council tax) is EUR 400. Community fees are EUR 160 per month, covering maintenance of the communal areas and the lift. Utility costs for electricity and water will depend on usage. The energy rating is G, so electricity bills are likely to be higher than for a more efficient property.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings by appointment, allowing you to walk through the apartment with one of our agents via a live video call. This is a practical first step before arranging an in-person visit. Contact us to schedule a time that suits you.
Does this apartment have rental potential?
Centro is one of Torrevieja's most active rental districts, with strong year-round demand from both long-term residents and seasonal visitors. The four-bedroom layout is particularly suited to larger families or groups. Tourist letting in the Valencian Community requires a regional licence, and rules vary, so we recommend taking local legal advice before proceeding with any rental plans.
What does the purchase process involve?
You will first need a Spanish NIE (foreigner identification number), which your solicitor can obtain on your behalf. Once you have agreed a price, a reservation fee is paid to take the property off the market, followed by a private purchase contract (arras) in which typically 10% of the price is lodged. The balance is paid on the day of completion before a notary, who registers the title transfer. Engaging an independent solicitor before you sign anything is strongly recommended.
