This 96 m² ground-floor apartment in the Aldea del Mar complex sits within Playa de los Locos, approximately 50 metres from the beach. Built in 1989, it provides 1 bedroom, 1 bathroom, and 2 allocated parking spaces. The property carries no community fees and holds tourist rental eligibility, making it suitable for short-term letting as well as private use. The energy rating is G.Playa de los Locos is a well-established coastal strip in the south of Torrevieja, centred on its Blue Flag beach. The seafront promenade connects directly to Torrevieja's town centre, roughly 2 km to the north, where weekly markets, supermarkets, and the salt lagoon park are all reachable on foot or by local bus. Alicante-Elche Airport is approximately 35 minutes by car. The Playa de los Locos neighbourhood offers a quieter setting than the town centre while remaining within easy reach of all services.The Aldea del Mar complex includes a communal pool set within maintained gardens. Annual IBI is EUR 282, and community fees are EUR 0 per year. Given the tourist rental eligibility and the short walk to Playa de los Locos beach, buyers frequently consider this property as a source of short-term rental income during the summer season.
Property Details
Property Type
Apartment
Bedrooms
1
Bathrooms
1
Built Area
96 m²
Floor
0
Year Built
Built 1989 (37 years)
Energy Certificate
Rating G
Reference
OH02469
Features & Amenities
Outdoor & Pool
Communal pool
Storage & Parking
2 parking spaces
Interior
Ground floor
Other Features
96 m² build
1 bedroom
1 bathroom
50 m from the beach
No community fees
Tourist rental eligible
Energy rating G
Built in 1989
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Torrevieja · 40.4167, -3.7003
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%)
€23,000
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€2,783
IBI Property Tax (annual)
€282/yr
Est. Total Purchase Costs
~€27,383 (11.9%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
IBI Property Tax
€282/yr
€24/month · municipal property tax
Total fixed costs€282/year (€24/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,396
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+45%
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 property 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, age, large-family or disability status, or buying a primary residence — and it is worth checking before you budget. On top of ITP, allow approximately EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain are typically offered mortgages covering 60–70% of the purchase price, meaning a deposit of around 30–40% is generally required. Current variable and fixed rates from Spanish lenders sit broadly in the 3.5–4.5% range, though your individual offer will depend on your financial profile and the lender. It is advisable to obtain a mortgage agreement in principle before making an offer.
What are the ongoing running costs?
The annual IBI (council tax) is EUR 282. Community fees are EUR 0 per year — there are no monthly or annual charges payable to the owners' community for this property. You should also allow for utility connections (electricity, water) and contents insurance as additional annual outgoings.
Can I arrange a viewing remotely?
Yes. In addition to in-person viewings, we can arrange a live video viewing via WhatsApp, FaceTime, or your preferred platform. This allows you to walk through the property in real time with one of our agents on site. Contact us to schedule either option at a time that suits you.
What is the rental potential of this apartment?
The property is tourist rental eligible, meaning it can be marketed on short-term holiday platforms during the summer season. Playa de los Locos is a popular beach destination, and ground-floor apartments with easy beach access typically attract consistent summer demand. We do not quote yield percentages, as occupancy rates vary by season, management arrangement, and local competition; we recommend speaking with a local rental management company for realistic projections.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. Once you agree a price, a reservation deposit is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the purchase price is paid and exchange conditions are fixed. Completion takes place before a notary, who registers the transfer with the land registry. The full process from reservation to completion commonly takes six to twelve weeks.
