This 210m2 apartment occupies the entire first floor of a 4-storey building in Centro, Torrevieja, built in 1998 and currently configured as a combined professional space. The unit comprises two adjoining 3-bedroom, 2-bathroom apartments, each with its own kitchen, giving a total of 6 bedrooms, 4 bathrooms and 2 kitchens. The glazed south-facing facade runs the full width of the floor, and the gallery kitchens look onto the building's central courtyard. A lift serves all four floors, and the layout holds commercial-use planning permission.The building sits within the Centro district on a pedestrian street, placing it in the commercial and civic core of Torrevieja. The town's covered market, Mercado Municipal, is within the immediate neighbourhood, and Calle Ramón Gallud and Calle Antonio Machado, the main retail streets, are close by. Alicante-Elche Airport is approximately 35 minutes by car. Centro's street network gives easy access on foot to the town's services, transport links and main squares.Annual IBI is €780. There are no community fees recorded for this property. The energy rating is G. The commercial-use permission makes the apartment suitable for a professional practice, clinic or consultancy, as well as for residential conversion into two separate 3-bedroom units. The two apartments can also be maintained as a single large residence. The Valencian Community sets its own ITP rate, and buyers should account for that cost when budgeting.
Property Details
Property Type
Apartment
Bedrooms
6
Bathrooms
4
Built Area
210 m²
Floor
1 of 4
Year Built
Built 1998 (28 years)
Orientation
South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate
G · In process
Reference
OH02420
Features & Amenities
Climate & Comfort
Air conditioning
Central heating
Security & Access
Lift
Interior
Full-floor layout
Natural light throughout
First floor
Other Features
South-facing orientation
Separate adjoining apartment
Glazed facade
Courtyard-facing gallery kitchen
Commercial use permitted
6 bedrooms
4 bathrooms
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Torrevieja · 37.9774, -0.6802
Energy Performance Certificate
The official Certificado de Eficiencia Energética for this property is still in process. The lowest band is shown until it is issued — the final rating may well be higher. Ask the team and we will request it from the owner.
A
< 29kWh/m²
B
29 – 49kWh/m²
C
50 – 79kWh/m²
D
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
GCertificate pending
> 240kWh/m²
Rating
G
In process
Estimated Buying Costs
Approximate costs for a resale property in Valencian Community.
Transfer Tax (ITP 10%)
€42,000
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€5,082
IBI Property Tax (annual)
€780/yr
Est. Total Purchase Costs
~€48,682 (11.6%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
IBI Property Tax
€780/yr
€65/month · municipal property tax
Total fixed costs€780/year (€65/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,000
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+21%
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 are the purchase costs on top of the sale 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 €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. Notary fees typically run EUR 600–1,200; land registry fees EUR 400–800; and legal fees around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet the region's conditions, for example age, large-family or disability status, or buying a primary residence — worth checking before you budget.
Can non-residents get a mortgage on this property?
Non-resident buyers can generally borrow up to 60–70% of the purchase price, meaning a deposit of around 30–40% is required. Mortgage rates for non-residents in Spain currently run at roughly 3.5–4.5%, depending on lender and term. Speak to a Spanish mortgage broker early in the process, as qualification criteria differ from those in the UK.
What are the ongoing running costs?
The annual IBI (council tax) is €780. No community fees are recorded for this property. There is no basura (refuse collection charge) figure available at present; the agent can confirm the current amount. The energy rating is G, so heating and cooling costs are likely to be higher than for a more efficient property — factor this in when assessing running costs.
Can I arrange a viewing, and is a video viewing available?
Yes. In-person viewings can be arranged through the OceanHome team. If you are based outside Spain or prefer a preliminary look, a live video viewing via WhatsApp or video call is also available. Contact the agent to book either option.
Is this property suitable as a rental investment?
Centro is the commercial and civic heart of Torrevieja, which sees consistent visitor numbers throughout the year. The commercial-use permission broadens the letting options: the space could operate as a professional premises or, once converted, as two separate residential rental units. Any short-term tourist rental in the Valencian Community requires a regional licence; confirm the applicable rules with your legal adviser before purchasing for rental purposes.
What does the purchase process involve?
First, obtain a Spanish NIE (tax identification number), which is required to complete any property transaction in Spain. Once you agree on the price, you pay a reservation fee to take the property off the market. This is followed by a private purchase contract (arras), under which a further deposit is typically paid — commonly 10% of the purchase price. The balance is paid at the notary on the day of completion, when the title deeds are signed and ownership transfers. Your solicitor will carry out due diligence, verify planning and commercial-use permissions, and check there are no debts registered against the property.