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Renovated 3-Bedroom Villa in Torrevieja

Centro, Torrevieja · AlicanteListed Apr 2026

3 Bed1 Bath104 m²Built 1982Energy: Exempt

Description

At EUR 259,400, this 3-bedroom villa in Torrevieja offers 104 m2 of living space and 1 bathroom. The building dates from 1982. The property is located in Torrevieja. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 259,400 works out to EUR 2,494 per square metre. Parking is included. Transfer tax (ITP) in Alicante is 10%.

Property Details

Property TypeVilla
Bedrooms3
Bathrooms1
Built Area104 m²
Floor0
Year BuiltBuilt 1982 (44 years)
Energy CertificateRating Exempt
ReferenceOH02247

Features & Amenities

Outdoor & Pool
  • Terrace
  • BBQ area
  • Barbecue
Storage & Parking
  • Parking
  • Walk-in wardrobe
Interior
  • Renovated
  • Jacuzzi
Other Features
  • Near beach

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Torrevieja · 37.9807, -0.6870

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
G

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%)€25,500
Notary Fees~€950
Land Registry~€650
Legal Fees (1% + VAT)~€3,086
Community Fees (monthly)€40/mo
IBI Property Tax (annual)€390/yr
Est. Total Purchase Costs~€30,186 (11.8%)

Annual Running Costs

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

Community Fees

€40/mo

€480/year · covers pool, gardens, common areas

IBI Property Tax

€390/yr

€33/month · municipal property tax

Total fixed costs€870/year (€73/month)

Investment Snapshot

How this property compares to the local Torrevieja market.

Price per m²

€2,452

this property

Torrevieja Average

~€3,235

per m² (resale)

Difference

-24%

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 villa at EUR 259,400, purchase costs include 10% transfer tax (ITP) of EUR 25,940, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 3,139. Budget approximately EUR 30,629 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 villa at EUR 259,400, a 60% mortgage would be EUR 155,640, requiring a deposit of EUR 103,760. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 822. 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 villa include: IBI property tax is estimated at EUR 350-600 per year; 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 villa in Torrevieja. 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 3-bedroom villa in Torrevieja 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

€255,000€2,452/m²
Enquire Now+34 931 222 244

Ref: OH02247

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
villa
Bedrooms
3
Bathrooms
1
Build Size
104 m²
Energy Rating
Exempt

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