Ground-Floor 2-Bedroom Apartment in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Oct 2026 · Updated 11 Oct 2026
1 Bed1 Bath39 m²Built 1997Energy: Exempt
Description
This ground-floor apartment in La Siesta, Torrevieja, was built in 1997 and offers 103m2 of internal living space across two bedrooms and two bathrooms. The layout includes a separate kitchen and a living area, and the property is sold within a gated residential complex that includes a communal pool. A private storage room is included in the sale. The energy certificate is currently exempt.La Siesta is a low-density residential neighbourhood set between the N-332 and Avenida de las Habaneras, roughly 3km south of Torrevieja city centre. The area has local supermarkets, pharmacies, and bar-restaurants along Calle Alicante and Avenida de Denia. Alicante-Elche Airport (ALC) is approximately 35 minutes by road, making La Siesta a practical base for regular travellers. The neighbourhood is a popular year-round choice among both Spanish and northern European residents.Community fees are listed at nil and the IBI figure is not currently available from the land registry record, so buyers should ask the agent for the most recent municipal tax receipt. No community charge means running costs in La Siesta are lower than in many comparable complexes in Torrevieja. The property carries an energy exemption status, which is common for buildings of this age and type in the Valencian Community.
Property Details
Property Type
Apartment
Bedrooms
1
Bathrooms
1
Built Area
39 m²
Floor
0
Year Built
Built 1997 (29 years)
Energy Certificate
Rating Exempt
Reference
OH02513
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Communal pool
Communal gardens
Security & Access
Gated complex
Storage & Parking
Storage room
Interior
Ground floor
Other Features
Two bathrooms
Double glazing
Mains water
Built in 1997
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 38.0216, -0.6938
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
G
> 240kWh/m²
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
Est. Total Purchase Costs
~€11,228 (12.5%)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,305
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+40%
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 La Siesta, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
What purchase taxes and costs should I budget for?
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 assessed 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), and it is worth checking before you budget. On top of ITP, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry registration, and around 1% of the purchase price plus VAT for legal fees.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain typically need a deposit of between 30% and 40% of the purchase price, as Spanish lenders generally finance up to 60–70% for non-residents. Current fixed and variable rates for Spanish mortgages broadly range from 3.5% to 4.5%, though your own bank terms will depend on your financial profile and chosen lender. It is advisable to obtain a mortgage agreement in principle before making an offer.
What are the ongoing running costs for this apartment?
Community fees for this property are listed at nil, which is notably low compared with many complexes in the area. The annual IBI (municipal property tax) figure is not currently held in the listing record, so please ask the agent for the most recent receipt from the seller. There may also be a separate annual rubbish collection charge (basura), which the agent can confirm.
Can I arrange a viewing remotely?
Yes. OceanHome can organise a video viewing if you are unable to visit in person. We conduct live video walkthroughs via WhatsApp or video call at a time that suits you. In-person viewings can also be arranged through the agent; please contact us to book.
Is this apartment suitable as a rental investment?
La Siesta is a primarily residential neighbourhood with a stable long-term rental market driven by workers and year-round residents in Torrevieja. Short-term tourist lets are possible but this area attracts less seasonal demand than beachfront zones. Any rental income will depend on the licence obtained, the finish of the property, and local market conditions at the time. We recommend speaking to a local letting agent for a realistic income assessment.
What does the purchase process involve?
First, obtain your NIE (Número de Identificación de Extranjero), which is required for any property purchase in Spain. Once an offer is agreed, a reservation contract is typically signed along with a holding deposit. This is followed by the arras contract, a formal preliminary agreement under which the buyer pays a further deposit, normally around 10% of the purchase price. Completion then takes place before a Spanish notary, at which point the balance is paid and title transfers to the buyer. Engaging an independent Spanish solicitor before the reservation stage is strongly recommended.