A south-facing, third-floor apartment of 120m² sits on Paseo Marítimo, Torrevieja's seafront promenade, with direct sea views from both the living area and the 15m² terrace. Built in 1981, the property has 2 bedrooms, 2 bathrooms, and is sold fully furnished. Air conditioning and heating are fitted throughout, and a lift serves all floors.Paseo Marítimo runs along the edge of Torrevieja's salt lagoon coastline, giving immediate access to the seafront walkway and the beaches of Playa del Cura and Playa de los Locos, both within walking distance. The neighbourhood has a daily street market on Calle Patricio Pérez, a covered market on Plaza Capdepón, and a strong concentration of bars and restaurants along Rambla de Juan Mateo. Alicante-Elche Airport is approximately 35 minutes by car.Estimated community fees are €105 per month and the annual IBI charge is approximately €360. The property carries an energy rating of G. Paseo Marítimo's central seafront position makes it a consistent area for short-term holiday lets, with strong seasonal demand from June through September.
Property Details
Property Type
Apartment
Bedrooms
2
Bathrooms
2
Built Area
120 m²
Terrace
15 m²
Floor
3
Year Built
Built 1981 (45 years)
Orientation
South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate
Rating G
Reference
OH01719
Features & Amenities
Climate & Comfort
Air conditioning
Heating
Outdoor & Pool
Terrace
Balcony
Security & Access
Lift
Storage & Parking
Built-in wardrobes
Interior
3rd-floor position
Other Features
Sea views
South orientation
Furnished
120m² build size
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Torrevieja · 37.9753, -0.6754
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%)
€29,900
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€3,618
Community Fees (monthly)
€105/mo
IBI Property Tax (annual)
€360/yr
Est. Total Purchase Costs
~€35,118 (11.7%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€105/mo
€1,260/year · covers pool, gardens, common areas
IBI Property Tax
€360/yr
€30/month · municipal property tax
Total fixed costs€1,620/year (€135/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,492
this property
Torrevieja Average
~€3,235
per m² (resale)
Difference
-23%
below average
Below area average — potential value buy
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 for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
What are the purchase costs on top of 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 €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 the region's conditions, for example based on age, large-family or disability status, or buying a primary residence, so it is worth checking before you budget. 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.
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, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates in Spain range from roughly 3.5% to 4.5% depending on the lender and your financial profile. We can introduce you to independent mortgage brokers who work with international buyers.
What are the ongoing running costs?
Community fees are estimated at €105 per month, covering shared building maintenance and the lift. The annual IBI (local property tax) is estimated at €360. Both figures are estimates as indicated in the listing record. You should also budget for home insurance and utility standing charges.
Can I view this apartment remotely?
Yes. We offer video viewings via WhatsApp or video call at a time that suits you, so you can see the property, the terrace, and the sea views before travelling. In-person viewings can be arranged with 24 hours' notice through our Torrevieja office.
What is the rental potential for this apartment?
Paseo Marítimo is one of Torrevieja's most consistently requested areas for holiday rentals, particularly during June to September. A seafront location, sea views, and a furnished two-bedroom layout are among the features that short-term rental platforms highlight in this area. We recommend consulting a local property manager for realistic occupancy and yield expectations, as these depend on pricing strategy, platform choice, and the tourist licence requirements of the Valencian Community.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), the tax identification number required for any property transaction in Spain. 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), usually accompanied by a further payment of around 10% of the purchase price. Completion takes place before a notary, at which point the remaining balance, taxes, and fees are paid and title is transferred. Using an independent Spanish solicitor throughout is strongly advised.
