2nd-Floor 2-Bedroom Apartment in El Molino, Torrevieja
El Molino, Torrevieja · AlicanteListed Jul 2026 · Updated 11 Oct 2026
2 Bed2 Bath66 m²Built 2011Energy: G
Description
A 66m2 east-facing apartment on the second floor of a 2011-built block in El Molino, Torrevieja, with two double bedrooms and two full bathrooms, one of which is en suite. The layout is practical throughout, with a heat pump providing both heating and cooling, built-in wardrobes in the bedrooms, and a patio off the main living area. Morning light fills the apartment through east-facing windows, and the building is served by a lift and 24-hour video surveillance.El Molino is a residential district in the western part of Torrevieja, within easy reach of the town centre's shops, medical facilities, and daily services. The N-332 connects the area quickly to neighbouring towns along the Costa Blanca, and Alicante-Elche Airport is approximately 35 minutes by car. Torrevieja's central market on Calle Arquitecto Larramendi and the waterfront promenade along the Paseo Vista Alegre are both accessible without leaving the municipality.Annual IBI is €185 and community fees run to €20 per month, making running costs low for a permanent or seasonal base. The energy rating is G. El Molino attracts both long-term residents and buyers seeking a second property in a quieter part of Torrevieja.
Property Details
Property Type
Apartment
Bedrooms
2
Bathrooms
2
Built Area
66 m²
Floor
2
Year Built
Built 2011 (15 years)
Orientation
East-facing— Morning sunshine — keeps the property cool in summer afternoons
Energy Certificate
Rating G
Reference
OH02405
Features & Amenities
Climate & Comfort
Air conditioning
Heat pump (hot and cold)
Outdoor & Pool
Patio
Security & Access
Lift
Storage & Parking
Built-in wardrobes
Interior
En-suite bathroom
Second-floor position
Other Features
2 full bathrooms
24-hour video surveillance
East-facing orientation
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
El Molino, Torrevieja · 37.9824, -0.6835
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
GThis property
> 240kWh/m²
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%)
€12,400
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,500
Community Fees (monthly)
€20/mo
IBI Property Tax (annual)
€185/yr
Est. Total Purchase Costs
~€15,050 (12.1%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€20/mo
€240/year · covers pool, gardens, common areas
IBI Property Tax
€185/yr
€15/month · municipal property tax
Total fixed costs€425/year (€35/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,879
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+14%
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 El Molino, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
What are the purchase costs on top of the asking price?
As a resale 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. Notary fees typically run EUR 600–1,200 and land registry fees EUR 400–800. Budget a further 1% of the purchase price 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 — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally finance up to 60–70% for non-residents. Variable and fixed rates currently range between approximately 3.5% and 4.5%, though the rate offered will depend on your financial profile and the lender. An independent mortgage broker familiar with the Spanish market can help compare products.
What are the ongoing costs of owning this apartment?
The annual IBI (council tax) is €185. Community fees are €20 per month, covering shared building maintenance and 24-hour video surveillance. The energy certificate is rated G. Utility contracts for electricity, water, and contents insurance are separate and additional.
Can I view the property remotely?
Yes. We offer video viewings by appointment, allowing you to do a live walkthrough with one of our agents via video call. This is a practical option if you are planning a trip to the Costa Blanca and want to shortlist properties in advance. In-person viewings can be arranged once you are in the area.
Is this apartment suitable as a rental investment?
El Molino is a residential area of Torrevieja rather than a coastal tourist zone, so it tends to attract medium and long-term tenants rather than short-stay holidaymakers. Torrevieja as a whole has steady rental demand from both Spanish residents and international buyers. We recommend speaking to a local lettings agent for current rental market data before making any projections.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which can be obtained through a Spanish consulate in your home country or in person at a local police station in Spain. Once you have agreed on a price, a reservation fee is typically paid to take the property off the market. This is followed by a private purchase contract (arras), where a further deposit — commonly 10% of the agreed price — is paid and both parties commit to the transaction. Completion takes place before a Spanish notary, at which point the remaining balance, taxes, and fees are settled and the title deed (escritura) is signed.
