1 / 30

Large Terrace 3-Bedroom Penthouse in Playa de los Locos, Torrevieja

Centro, Torrevieja · AlicanteListed Mar 2026

3 Bed2 Bath93 m²Built 2004Energy: G

Description

A 3-bedroom penthouse in the Playa de los Locos area of Torrevieja, listed at EUR 350,000 for 93 m2. The penthouse faces north-west. The building dates from 2004. Playa de los Locos is a residential area within Torrevieja. The nearest beach is The price of EUR 350,000 works out to EUR 3,763 per square metre. The energy rating is G. Parking is included. The building has a lift. Transfer tax (ITP) in Alicante is 10%. The terrace area measures 74 m2. Residents share a communal swimming pool. A private solarium offers open-air relaxation.

Property Details

Property TypePenthouse
Bedrooms3
Bathrooms2
Built Area93 m²
Terrace74 m²
Floor5
Year BuiltBuilt 2004 (22 years)
OrientationNorth-West-facing— Late afternoon light with cooler temperatures
Energy CertificateRating G
ReferenceOH02201

Features & Amenities

Climate & Comfort
  • Air conditioning
  • Heating
Outdoor & Pool
  • Communal pool
  • Terrace
  • Solarium
  • Barbecue
Security & Access
  • Lift
Storage & Parking
  • Parking
  • Parking (2 spaces)
  • Built-in wardrobes
Other Features
  • Near beach

Distances & Nearby

🏖
beach
< 1 km
✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Torrevieja · 37.9817, -0.6630

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%)€35,000
Notary Fees~€950
Land Registry~€650
Legal Fees (1% + VAT)~€4,235
Community Fees (monthly)€105/mo
IBI Property Tax (annual)€530/yr
Est. Total Purchase Costs~€40,835 (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

€530/yr

€44/month · municipal property tax

Total fixed costs€1,790/year (€149/month)

Investment Snapshot

How this property compares to the local Torrevieja market.

Price per m²

€3,763

this property

Torrevieja Average

~€3,235

per m² (resale)

Difference

+16%

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 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

What fees should I budget for?
For this penthouse at EUR 350,000, purchase costs include 10% transfer tax (ITP) of EUR 35,000, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 4,235. Budget approximately EUR 40,785 in total buying costs on top of the purchase price.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 350,000, a 60% mortgage would be EUR 210,000, requiring a deposit of EUR 140,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 1108. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What ongoing costs should I expect?
Annual running costs for this penthouse include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Torrevieja; 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.
How do I see this property?
Contact Maya Kallio to arrange an in-person viewing of this penthouse in Playa de los Locos. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Can I rent this property out?
Torrevieja has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-bedroom penthouse in Playa de los Locos 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.
What steps are involved in buying?
To buy in Spain, you first need an NIE (tax identification number for foreigners). The purchase begins with a reservation deposit, followed by a private contract (contrato de arras) with 10% down payment. A Spanish lawyer should review the property title, check for debts, and verify planning permissions. The sale completes at a notary office where the deed is signed and registered. Budget 6-10 weeks for the full process.

Price

€350,000€3,763/m²
Enquire Now+34 931 222 244

Ref: OH02201

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

WhatsApp
CallEmail
Enquire About This PropertySchedule a Call
Languages:EnglishFinnishSwedishSpanish
View LinkedIn Profile

Quick Enquiry

Interested in this property? Send us a message.

By submitting, you agree to our privacy policy.

Key Details

Type
penthouse
Bedrooms
3
Bathrooms
2
Build Size
93 m²
Energy Rating
G

You May Also Like

Similar Properties in Torrevieja

Villa for sale in La veleta, Torrevieja - exterior view of the residential building
€1,200,000

Ground-Floor 5-Bedroom Villa in La veleta, Torrevieja

Torrevieja · La Veleta

5 beds3 baths462m²
Private poolTerraceSolarium+11
Apartment for sale in Centro, Torrevieja - exterior view of the residential building
€179,000

Renovated 3-Bedroom Apartment in Centro, Torrevieja

Torrevieja · Centro

3 beds1 bath80m²
Near beachTerraceLift+3
Villa for sale in Torreta Florida, Torrevieja - exterior view of the residential building
€1,250,000

Pool 4-Bedroom Villa in Torreta Florida, Torrevieja

Torrevieja · Torreta Florida

4 beds4 baths250m²
Private poolTerraceGarden+12
View All in Torrevieja