1985-Built Garden Bungalow in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Nov 2026 · Updated 11 Nov 2026
2 Bed1 Bath74 m²60 m² plotBuilt 1985
Description
Built in 1985, this ground-floor 2-bedroom bungalow in La Siesta occupies 74m2 of built space on a 60m2 plot with a private enclosed terrace. The property has two double bedrooms, each with built-in wardrobes, and one bathroom. Two private parking spaces are included. The energy certificate is exempt under current regulations.La Siesta is a low-density residential area in the southern part of Torrevieja, bordered by Avenida de los Países Escandinavos and within reach of the N-332. Local shops, pharmacies, and bars are within the neighbourhood, and regular bus routes connect La Siesta directly to Torrevieja town centre. Alicante-Elche Airport is approximately 35 minutes by road.Community fees are nil. The annual IBI figure is not currently available and should be confirmed with the agent. The property carries an energy exemption rating, applicable to buildings of this age under Spanish regulations. La Siesta's established rental market makes this a practical option for buyers considering short or long-term letting.
Property Details
Property Type
Bungalow
Bedrooms
2
Bathrooms
1
Built Area
74 m²
Plot Size
60 m²
Floor
0
Year Built
Built 1985 (41 years)
Reference
OH02548
Features & Amenities
Outdoor & Pool
Private garden
Enclosed terrace
Storage & Parking
Built-in wardrobes
2 private parking spaces
Interior
Ground-floor
Other Features
2 bedrooms
1 bathroom
No community fees
Energy exemption rating
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 38.0114, -0.6817
Estimated Buying Costs
Approximate costs for a resale property in Valencian Community.
Transfer Tax (ITP 10%)
€13,550
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,640
Est. Total Purchase Costs
~€16,340 (12.1%)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,831
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 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 sale 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 the region's conditions — for example age, large-family or disability status, or buying a primary residence — and are 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 of 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 in Spain, though lenders generally require a deposit of 30–40% of the purchase price. Interest rates for Spanish mortgages currently range from approximately 3.5% to 4.5%, depending on the lender and product. We recommend speaking to an independent mortgage broker familiar with the Spanish market.
What are the ongoing running costs for this bungalow?
Community fees for this property are nil. The annual IBI (local property tax) figure is not currently available and should be confirmed with the local town hall or agent before exchange. Basura (refuse collection) charges are also not currently on file and should be verified separately.
Can I view this property remotely?
Yes. In addition to in-person viewings, we offer video viewings conducted live via WhatsApp or video call, allowing you to tour the property in real time with one of our agents. Contact us to arrange a time that suits you.
Is this bungalow suitable for rental?
La Siesta is an established residential area with consistent demand for both long-term and short-term rentals. Ground-floor bungalows with private outdoor space and parking appeal to a broad range of tenants. For short-term tourist lets, a holiday rental licence from the Valencian Community is required; your legal adviser can confirm the current requirements and process.
What does the purchase process involve?
First, you will need an NIE (Número de Identificación de Extranjero), the tax identification number required for all property transactions in Spain. Once you agree a price, a reservation contract and payment secures the property off the market. This is typically followed by a private purchase contract (arras), where a further deposit is paid and both parties commit to the sale. The transaction completes before a notary, at which point the balance is paid and the title deeds are signed over to you. We recommend appointing an independent Spanish solicitor to represent your interests throughout.