This 85 m² ground-floor bungalow in El Limonar, Torrevieja was built in 2007 and offers 2 bedrooms and 1 bathroom across a single level. The property includes a private patio and access to a communal garden, with no stairs between the front door and street level. Community fees are an estimated EUR 70 per month, and IBI stands at EUR 250 per year.El Limonar is a residential area in the southern part of Torrevieja, close to the salt lakes and within easy reach of the town centre. Local amenities along Avenida de las Habaneras include supermarkets, pharmacies and cafés. Torrevieja's Playa del Cura and Playa de los Locos are accessible by car or bicycle, and Alicante-Elche Airport is approximately 35 minutes by road.The complex has a communal pool and communal garden areas. The property carries an energy exemption certificate. Torrevieja's coastal location and established rental market make this a practical option for buyers considering short-term holiday letting, subject to obtaining the relevant tourist licence from the Valencian Community authorities.
Property Details
Property Type
Bungalow
Bedrooms
2
Bathrooms
1
Built Area
85 m²
Floor
0
Year Built
Built 2007 (19 years)
Energy Certificate
Rating Exempt
Reference
OH02244
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Communal pool
Communal garden
Private patio
Interior
Ground floor
Other Features
2 bedrooms
1 bathroom
Near beach
Built in 2007
Energy certificate exempt
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Torrevieja · 38.0033, -0.6946
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
G
> 240kWh/m²
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%)
€16,800
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€2,033
Community Fees (monthly)
€70/mo
IBI Property Tax (annual)
€250/yr
Est. Total Purchase Costs
~€19,983 (11.9%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€70/mo
€840/year · covers pool, gardens, common areas
IBI Property Tax
€250/yr
€21/month · municipal property tax
Total fixed costs€1,090/year (€91/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,976
this property
Torrevieja Average
~€3,235
per m² (resale)
Difference
-39%
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 purchase costs should I budget for on top of 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 — so it is worth checking before you budget. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders typically offer non-residents up to 60–70% of the purchase price or valuation (whichever is lower), so you should budget for a deposit of 30–40%. Current variable and fixed mortgage rates in Spain are broadly in the 3.5–4.5% range, though your rate will depend on your lender, financial profile and chosen product. We recommend obtaining a mortgage agreement in principle before making an offer.
What are the ongoing running costs?
Community fees are an estimated EUR 70 per month, covering maintenance of the communal pool and garden areas. Annual IBI (council tax) is an estimated EUR 250. Basura (rubbish collection) charges are not confirmed for this property — ask the agent for the current figure. Utility bills (electricity, water) will depend on your usage.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings by appointment, allowing you to do a live or recorded walkthrough of the property before committing to travel. Contact the agent to arrange a time that suits you. An in-person visit is recommended before exchanging any contracts.
Is this property suitable for holiday letting?
Torrevieja is an established coastal resort with strong summer demand, and ground-floor bungalows with patio access are a popular choice for short-term rentals. To let the property legally to tourists in the Valencian Community, you must obtain a tourist accommodation licence (Vivienda de Uso Turístico) from the regional authority before marketing it. We can point you towards specialists in this process. We do not quote projected rental yields as these vary significantly with management costs, occupancy and seasonality.
What does the purchase process look like from offer to completion?
Once your offer is accepted, you will need a Spanish NIE (tax identification number) — your solicitor can apply for this on your behalf. You then pay a reservation fee to take the property off the market, followed by a private purchase contract (arras) under which typically 10% of the purchase price is paid. If the buyer withdraws, this deposit is forfeited; if the seller withdraws, they must return double the amount. Completion takes place before a notary, at which point the remaining balance, taxes and fees are settled. The transaction is then registered at the Land Registry. The full process typically takes six to twelve weeks from offer to completion.
