Top-Floor 2-Bedroom Bungalow in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Jun 2026
2 Bed1 Bath50 m²Built 1997Energy: G
Description
This top-floor bungalow in La Siesta covers 50m2 of built space across 2 bedrooms and 1 bathroom, built in 1997 and priced at EUR 129,999. A private rooftop solarium is the defining feature, offering a dedicated outdoor space above the roofline. The living area receives good levels of natural light, and air conditioning is fitted throughout. The property sits within a development that includes a communal pool shared among residents.La Siesta is a low-rise residential area of Torrevieja located to the north-west of the town centre. The neighbourhood borders the La Mata salt lake and natural park, which has marked walking and cycling routes along its perimeter. Local shops and bars are within the immediate area, and the N-332 coastal road connects La Siesta to Torrevieja town centre in under 10 minutes by car. Alicante-Elche Airport is approximately 35 minutes away by road.At EUR 129,999, the price per m2 works out at approximately EUR 2,600. Annual IBI is EUR 130 and community fees are EUR 250 per year. The property carries an energy rating of G, which is typical for a building of this age. Torrevieja is a designated tourist area under Valencian Community regulations, and short-term rental demand in La Siesta is consistent across the summer months, making this a consideration for buyers with an investment angle.
Property Details
Property Type
Bungalow
Bedrooms
2
Bathrooms
1
Built Area
50 m²
Floor
0
Year Built
Built 1997 (29 years)
Energy Certificate
Rating G
Reference
OH02304
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Communal pool
Private solarium
Interior
Top-floor position
Natural light throughout
Other Features
2 bedrooms
1 bathroom
Built in 1997
50m2 build size
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 38.0107, -0.6822
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%)
€13,000
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,573
Community Fees (monthly)
€250/mo
IBI Property Tax (annual)
€130/yr
Est. Total Purchase Costs
~€15,723 (12.1%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€250/mo
€3,000/year · covers pool, gardens, common areas
IBI Property Tax
€130/yr
€11/month · municipal property tax
Total fixed costs€3,130/year (€261/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,600
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+58%
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 are the purchase costs on top of the asking price?
As a resale property in the Valencia Community (Alicante province), you will pay ITP (transfer tax) at 10% of the purchase price, which is approximately EUR 13,000 on this property. Additional costs include notary fees (EUR 600–1,200), Land Registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT (approximately EUR 1,300). Total additional costs are typically 12–13% of the purchase price.
Can I get a mortgage on this property as a non-resident?
Spanish lenders typically offer non-residents up to 60–70% loan-to-value on a property priced at EUR 129,999, meaning you would need a deposit of around EUR 39,000–52,000. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%. We recommend speaking to an independent mortgage broker with experience in Spanish property finance.
What are the ongoing running costs?
The annual IBI (council tax) is EUR 130. Community fees are EUR 250 per year, covering maintenance of communal areas including the pool. Utility costs for electricity and water will vary with usage. The energy rating is G, which is common for properties built in the late 1990s.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who are unable to travel to Torrevieja in person. Contact our team to schedule a live video walkthrough at a time that suits you. In-person viewings can also be arranged through our local office.
Is this property suitable as a rental investment?
Torrevieja is a designated tourist area under Valencian Community regulations, and short-term holiday rentals require a tourist licence (Vivienda de Uso Turístico). Properties with a private solarium and communal pool in areas such as La Siesta are in demand during the summer months. We recommend taking specialist legal advice on licensing before purchasing with rental income in mind.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once a price is agreed, a reservation fee (typically EUR 3,000–6,000) removes the property from the market. A private purchase contract (arras) is then signed, usually with a 10% deposit, and completion takes place before a Spanish notary where the title deed (escritura) is signed and keys are handed over.
