1st-Floor 3-Bedroom Bungalow in Playa de los Locos, Torrevieja
Centro, Torrevieja · AlicanteListed Jun 2026 · Updated 11 Oct 2026
3 Bed2 Bath90 m²Built 1988Energy: D
Description
This west-facing, first-floor bungalow in Playa de los Locos was built in 1988 and covers 90 m² of built space across three double bedrooms and two full bathrooms. The orientation brings afternoon light through all rooms, and built-in wardrobes are fitted in the bedrooms. A private solarium sits above the unit, offering a dedicated outdoor space for residents. The option to purchase a separate garage space is also available.Playa de los Locos is one of Torrevieja's most popular coastal neighbourhoods, with the beach approximately 400 metres from the property. The area is well served by public transport links along Calle Ramón Gallud, and everyday amenities including supermarkets, pharmacies and schools are within a short walk. Alicante-Elche Airport is roughly 35 minutes by car.The property sits within a gated urbanisation with a communal pool. Annual IBI is EUR 242 and community fees run to EUR 54 per month. The energy performance certificate is rated D. Torrevieja's coastal position and established tourist infrastructure make this neighbourhood suitable for holiday rental purposes.
Property Details
Property Type
Bungalow
Bedrooms
3
Bathrooms
2
Built Area
90 m²
Floor
1
Year Built
Built 1988 (38 years)
Orientation
West-facing— Warm afternoon and sunset light
Energy Certificate
Rating D
Reference
OH02324
Features & Amenities
Outdoor & Pool
Communal pool
Private solarium
Terrace
Security & Access
Gated urbanisation
Storage & Parking
Built-in wardrobes
Interior
Natural light throughout
First-floor position
Other Features
West-facing orientation
Two full bathrooms
Garage space available separately
Energy rating D
35 minutes from Alicante-Elche Airport
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Torrevieja · 37.9830, -0.6649
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
DThis property
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
G
> 240kWh/m²
Rating
D
Average
Consumption
80 – 119
kWh/m² per year
Est. Annual Cost
€670 – €1,010
energy bills/year
How to improve the energy rating
Adding solar panels
Upgrading insulation to modern standards
Installing a smart thermostat
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%)
€20,500
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€2,481
Community Fees (monthly)
€54/mo
IBI Property Tax (annual)
€242/yr
Est. Total Purchase Costs
~€24,581 (12.0%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€54/mo
€648/year · covers pool, gardens, common areas
IBI Property Tax
€242/yr
€20/month · municipal property tax
Total fixed costs€890/year (€74/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,278
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+38%
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. On top of ITP, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for Land Registry fees, and around 1% plus VAT for legal representation. Reduced rates and local allowances may apply if you meet the Valencian Community's conditions — for example age, large-family or disability status, or buying a primary residence — worth checking before you budget.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers in Spain typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally cap financing at 60–70% of the valuation for non-residents. Variable and fixed mortgage rates currently range between approximately 3.5% and 4.5% annually, though the exact terms will depend on your financial profile and the lender you approach.
What are the ongoing running costs?
The annual IBI (local property tax) is EUR 242. Community fees for the urbanisation are EUR 54 per month. These figures come from the listing record. You should also allow for utility contracts (water, electricity) and home insurance, which vary by usage and provider.
Can I view the property remotely before visiting in person?
Yes. Our team can arrange a live video viewing at a time that suits you, allowing you to walk through the property and ask questions in real time. If you are able to travel, an in-person viewing can be booked directly through our Torrevieja office.
Is this property suitable for holiday rental?
Playa de los Locos is an established coastal area with strong year-round visitor demand, which generally supports short-term rental activity. To let the property legally as a holiday rental in the Valencian Community you will need to register it and obtain a tourist licence. We recommend speaking to a local property solicitor about the current licensing requirements and any community rules before purchasing with rental in mind.
What does the purchase process look like?
First, you will need a Spanish NIE (tax identification number), which your solicitor can apply for on your behalf. Once a price is agreed, a reservation contract is signed and a holding deposit 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. Completion takes place before a notary, where the title deed (escritura) is signed and the balance transferred. The deed is then registered at the Land Registry. The full process typically takes six to twelve weeks from offer to completion.
