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Renovated 1-Bedroom Bungalow in El limonar, Torrevieja

Centro, Torrevieja · AlicanteListed Mar 2026

1 Bed1 Bath54 m²Built 2004Energy: G

Description

Priced at EUR 150,000, this 1-bedroom bungalow in El limonar comes with 1 bathroom and 54 m2 of space. The interior includes air conditioning, built-in wardrobes. The bungalow faces east-west. The building dates from 2004. El limonar is a residential area within Torrevieja. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 150,000 works out to EUR 2,778 per square metre. Annual IBI property tax is EUR 126. Community fees are EUR 232 per quarter. The energy rating is G. Transfer tax (ITP) in Alicante is 10%. The terrace area measures 36 m2. Residents share a communal swimming pool. A private solarium offers open-air relaxation.

Property Details

Property TypeBungalow
Bedrooms1
Bathrooms1
Built Area54 m²
Terrace36 m²
Floor0
Year BuiltBuilt 2004 (22 years)
OrientationEast-West-facing
Energy CertificateRating G
ReferenceOH02211

Features & Amenities

Climate & Comfort
  • Air conditioning
Outdoor & Pool
  • Communal pool
  • Terrace
  • Solarium
  • Balcony
Security & Access
  • Gated community
Storage & Parking
  • Built-in wardrobes
  • Parking (2 spaces)

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Torrevieja · 37.9996, -0.6935

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
B
C
D
E
F
GThis property

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%)€15,000
Notary Fees~€700
Land Registry~€450
Legal Fees (1% + VAT)~€1,815
Community Fees (monthly)€232/mo
IBI Property Tax (annual)€126/yr
Est. Total Purchase Costs~€17,965 (12.0%)

Annual Running Costs

Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).

Community Fees

€232/mo

€2,784/year · covers pool, gardens, common areas

IBI Property Tax

€126/yr

€11/month · municipal property tax

Total fixed costs€2,910/year (€243/month)

Investment Snapshot

How this property compares to the local Torrevieja market.

Price per m²

€2,778

this property

Torrevieja Average

~€3,235

per m² (resale)

Difference

-14%

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.

All properties in CentroTorrevieja area guide

Frequently Asked Questions

How much does it cost to buy this property?
For this bungalow at EUR 150,000, purchase costs include 10% transfer tax (ITP) of EUR 15,000, notary fees around EUR 700, land registry approximately EUR 450, and legal fees of about EUR 1,815. Budget approximately EUR 17,965 in total buying costs on top of the purchase price.
Is mortgage financing available?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this bungalow at EUR 150,000, a 60% mortgage would be EUR 90,000, requiring a deposit of EUR 60,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 475. Spanish banks require proof of income, tax returns, and a credit report from your home country.
How much are the monthly expenses?
Annual running costs for this bungalow include: IBI property tax is EUR 126 per year; community fees are EUR 232 per quarter; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
Can I book a viewing?
Contact Maya Kallio to arrange an in-person viewing of this bungalow in El limonar. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
What is the rental potential?
Torrevieja has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 1-bedroom bungalow in El limonar can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
How does purchasing work?
Buying property in Spain requires an NIE number, which your lawyer can help arrange. Once you agree the price, a reservation deposit secures the property. You then sign an arras contract with a 10% deposit within 2-4 weeks. The final step is signing the escritura at a notary and paying the remaining balance. Your lawyer handles due diligence, checking the property has no debts or legal issues. Allow 6-10 weeks from offer to completion.

Price

€150,000€2,778/m²
Enquire Now+34 931 222 244

Ref: OH02211

Maya Kallio
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
bungalow
Bedrooms
1
Bathrooms
1
Build Size
54 m²
Energy Rating
G

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