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1-Bedroom Apartment in Eliseos playa, Torrevieja

Eliseos Playa, Torrevieja · AlicanteListed Nov 2025

1 Bed1 Bath48 m²Built 1992Energy: G

Description

A 48 m2 1-bedroom apartment on the Eliseos playa side of Torrevieja, priced at EUR 119,000. The interior includes built-in wardrobes. The apartment faces west. The building dates from 1992. Eliseos playa is a residential area within Torrevieja. The nearest beach is The price of EUR 119,000 works out to EUR 2,479 per square metre. Community fees are EUR 40 per quarter. The energy rating is G. Transfer tax (ITP) in Alicante is 10%.

Property Details

Property TypeApartment
Bedrooms1
Bathrooms1
Built Area48 m²
Floor1
Year BuiltBuilt 1992 (34 years)
OrientationWest-facing— Warm afternoon and sunset light
Energy CertificateRating G
ReferenceOH02096

Features & Amenities

Outdoor & Pool
  • Terrace
  • Balcony
Security & Access
  • Security
Storage & Parking
  • Built-in wardrobes
Interior
  • Bright and airy
Other Features
  • Near beach

Distances & Nearby

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

Location

Eliseos Playa, Torrevieja · 37.9566, -0.7055

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%)€11,900
Notary Fees~€700
Land Registry~€450
Legal Fees (1% + VAT)~€1,440
Community Fees (monthly)€40/mo
Est. Total Purchase Costs~€14,490 (12.2%)

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

Total fixed costs€480/year (€40/month)

Investment Snapshot

How this property compares to the local Torrevieja market.

Price per m²

€2,479

this property

Torrevieja Average

~€3,235

per m² (resale)

Difference

-23%

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 Eliseos Playa, 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 Eliseos PlayaTorrevieja area guide

Frequently Asked Questions

What fees should I budget for?
For this apartment at EUR 119,000, purchase costs include 10% transfer tax (ITP) of EUR 11,900, notary fees around EUR 700, land registry approximately EUR 450, and legal fees of about EUR 1,440. Budget approximately EUR 14,490 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 apartment at EUR 119,000, a 60% mortgage would be EUR 71,400, requiring a deposit of EUR 47,600. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 377. 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 apartment include: IBI property tax is estimated at EUR 250-400 per year; community fees are EUR 40 per quarter; 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 apartment in Eliseos playa. 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 1-bedroom apartment in Eliseos playa 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

€119,000€2,479/m²
Enquire Now+34 931 222 244

Ref: OH02096

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
apartment
Bedrooms
1
Bathrooms
1
Build Size
48 m²
Energy Rating
G

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