A 49 m² studio on the fourth floor of a lift-served building in Habaneras, with a 6 m² east-facing terrace that catches morning light. Built in 1993, the apartment includes air conditioning, built-in wardrobes, and double glazing across its single open-plan room and one bathroom. Alicante-Elche Airport is approximately 35 minutes by road.Habaneras is a residential district in central Torrevieja, close to the main commercial streets and the Habaneras shopping centre on Calle Ramón Gallud. The area has a regular street grid with everyday amenities within a short walk, including bakeries, pharmacies, and small supermarkets. The seafront promenade and Playa de los Locos are accessible from the neighbourhood on foot.Annual IBI is EUR 129 and community fees run to EUR 41 per month. The property holds an energy rating of G. Habaneras carries appeal for both year-round residents and buyers seeking a low-maintenance base near Torrevieja's coast and lagoon.
Property Details
Property Type
Apartment
Bedrooms
0
Bathrooms
1
Built Area
49 m²
Terrace
6 m²
Floor
4
Year Built
Built 1993 (33 years)
Orientation
East-facing— Morning sunshine — keeps the property cool in summer afternoons
Energy Certificate
Rating G
Reference
OH02359
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Terrace
Security & Access
Lift
Storage & Parking
Built-in wardrobes
Interior
Fourth-floor position
Natural light
Other Features
East-facing orientation
Double glazing
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Habaneras, Torrevieja · 37.9820, -0.6714
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%)
€8,990
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,088
Community Fees (monthly)
€41/mo
IBI Property Tax (annual)
€129/yr
Est. Total Purchase Costs
~€11,228 (12.5%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€41/mo
€492/year · covers pool, gardens, common areas
IBI Property Tax
€129/yr
€11/month · municipal property tax
Total fixed costs€621/year (€52/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,835
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+11%
above average
In line with local market rates
Market data is indicative. Actual values depend on exact location, condition and specification. Consult our team for a detailed market appraisal.
About Habaneras, 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 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. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you budget. In addition, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal fees.
Can I get a mortgage as a non-resident buyer?
Spanish lenders typically offer non-resident buyers mortgages of up to 60–70% of the purchase price or valuation, meaning a deposit of 30–40% is usually required. Current variable and fixed rates for non-residents generally range from approximately 3.5% to 4.5%, though terms vary by lender and applicant profile. Your solicitor or a Spanish mortgage broker can advise on the most suitable products.
What are the ongoing running costs for this studio?
The annual IBI (council tax) is EUR 129. Community fees are EUR 41 per month. These figures come from the listing record. Utility contracts for electricity and water would be in addition, and you should factor in contents insurance and any letting management fees if you plan to rent the property.
Can I arrange a viewing remotely?
Yes. In-person viewings can be arranged through the OceanHome team, and video viewings are also available if you are not currently in Spain. Contact us to book a time that suits you.
Is this studio suitable as a rental investment?
Torrevieja is a popular coastal destination and benefits from a long tourist season, which supports demand for short-term holiday lets. A tourist rental licence is required under Valencian Community regulations and must be obtained before advertising the property for short-term rental. Long-term rental demand also exists from residents seeking smaller, centrally located accommodation. We recommend speaking with a local letting agent for current market conditions.
What does the purchase process involve?
First, you will need a Spanish NIE (foreigner identification number), which your solicitor can help obtain. Once a price is agreed, a reservation contract is typically signed and a small deposit paid to take the property off the market. This is followed by a private purchase contract (arras), usually with a 10% deposit, which binds both parties. Completion takes place before a notary, at which point the balance is paid and title transfers. The transaction is then registered at the Land Registry. The full process commonly takes six to ten weeks from reservation to completion.
