Ground-Floor 2-Bedroom Apartment in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Oct 2026 · Updated 11 Oct 2026
2 Bed1 Bath67 m²Built 1988Energy: Exempt
Description
Built in 1988, this ground-floor 2-bedroom apartment in La Siesta, Torrevieja, provides 67m2 of internal living space and includes 2 allocated parking spaces within the complex. The property sits at ground-floor level within a residential community that features a communal pool. The energy certificate is currently exempt, and the apartment was constructed under 1988 planning regulations.La Siesta is a well-established residential district in the southern part of Torrevieja, bordered by Avenida de la Libertad and close to the N-332 coastal road. The area has its own local shops, pharmacies and bars within walking distance, and the wider Torrevieja town centre is around 4km away. Torrevieja's salt lakes and the Parque Natural de las Lagunas de La Mata y Torrevieja lie immediately to the south of La Siesta, offering marked walking and cycling routes. Alicante-Elche Airport is approximately 35 minutes by road.Community fees are recorded as zero at the time of listing, making monthly outgoings particularly low. The annual IBI figure is not currently available and should be confirmed with the agent before exchange. The property is sold as a resale, so ITP transfer tax applies at 9% of the purchase price, rising to 11% on any value above €1,000,000, as set by the Valencian Community. Tax is charged on the higher of the price paid and the property's official reference value. Torrevieja holds a tourist licence zone classification, and the area attracts consistent short-stay demand from both Spanish and northern European visitors throughout the year.
Property Details
Property Type
Apartment
Bedrooms
2
Bathrooms
1
Built Area
67 m²
Floor
0
Year Built
Built 1988 (38 years)
Energy Certificate
Rating Exempt
Reference
OH02535
Features & Amenities
Climate & Comfort
Air conditioning (confirm with agent)
Outdoor & Pool
Communal pool
Storage & Parking
Parking (2 spaces)
Interior
Ground floor
Other Features
2 bedrooms
1 bathroom
67m2 build
Built in 1988
Residential complex
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 38.0166, -0.7040
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%)
€13,950
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,688
Est. Total Purchase Costs
~€16,788 (12.0%)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,082
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+26%
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 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 — and it is worth checking before you budget. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees at around 1% of the purchase price plus VAT.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically obtain a mortgage from a Spanish lender, though most banks require a deposit of between 30% and 40% of the purchase price. Current variable and fixed rates in Spain generally range from 3.5% to 4.5% per annum, though the rate offered will depend on your financial profile and the lender. We recommend obtaining an agreement in principle before making an offer.
What are the ongoing running costs?
Community fees are recorded as zero at the time of listing. The annual IBI (council tax) figure is not currently available and should be confirmed with the agent. A basura (refuse collection) charge may also apply and is levied by the local council separately from IBI. These costs should be verified before exchange of contracts.
Can I view the property remotely?
Yes. In addition to in-person viewings, we offer video viewings by appointment. These can be conducted via WhatsApp, FaceTime or Zoom at a time that suits you, and allow you to ask questions in real time. Contact us to arrange either option.
What is the rental potential of this apartment?
La Siesta is within the Torrevieja municipal area, which holds tourist licence zone status. The town draws significant short-stay demand from Spanish and northern European visitors, particularly between April and October. A ground-floor apartment with 2 parking spaces and communal pool access in this area can generate rental income as either a short-term holiday let or a long-term tenancy. We recommend consulting a local property manager for realistic occupancy and rate estimates based on current market conditions.
What does the purchase process involve?
You will first need a Spanish NIE (Número de Identificación de Extranjero), which is required for any property transaction and can be obtained at a Spanish consulate or in person in Spain. Once you agree a price, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the purchase price is paid. Completion takes place before a notary, at which point the balance is transferred and the title deeds (escritura) are signed. The whole process from reservation to completion typically takes 6 to 12 weeks.