Rooftop-Terrace 3-Bedroom Bungalow in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Nov 2026 · Updated 4 Nov 2026
3 Bed2 Bath112 m²Built 1986Energy: G · In process
Description
Built in 1986, this three-storey, south-facing bungalow in La Siesta covers 112m2 of built space and includes a rooftop terrace with open views towards the salt lakes and surrounding mountains. The ground floor holds a living room, a kitchen open to the living area, one bedroom, a bathroom with a walk-in shower, a laundry room and storage space. The property has two bathrooms in total and three bedrooms spread across the ground and first floors.La Siesta is an established residential neighbourhood in the south of Torrevieja, roughly five minutes by car from Carrefour, Mercadona and Habaneras Shopping Centre on the N-332. La Siesta Park is within easy walking distance and provides green space, paths and open-air recreation. Alicante-Elche Airport is approximately 35 minutes away by car.Annual IBI is EUR 172. There are no community fees. The property carries an energy rating of G, which is typical of homes built in this period in La Siesta. The low running costs make this a practical option for a permanent residence or a seasonal base.The first floor has two bedrooms, both with direct balcony access overlooking La Siesta, and a second bathroom with a walk-in shower. Above that, the third floor opens onto a rooftop terrace fitted with a retractable awning, providing a shaded outdoor area with views across both salt lakes to the mountains beyond.
Property Details
Property Type
Bungalow
Bedrooms
3
Bathrooms
2
Built Area
112 m²
Floor
0
Year Built
Built 1986 (40 years)
Orientation
South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate
G · In process
Reference
OH02541
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Rooftop terrace
Balcony
Front garden area
Storage & Parking
Walk-in showers
Separate laundry room
Storage space
Interior
Three floors
Other Features
South-facing orientation
Two bathrooms
Retractable awning
No community fees
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 38.0165, -0.6853
Energy Performance Certificate
The official Certificado de Eficiencia Energética for this property is still in process. The lowest band is shown until it is issued — the final rating may well be higher. Ask the team and we will request it from the owner.
A
< 29kWh/m²
B
29 – 49kWh/m²
C
50 – 79kWh/m²
D
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
GCertificate pending
> 240kWh/m²
Rating
G
In process
Estimated Buying Costs
Approximate costs for a resale property in Valencian Community.
Transfer Tax (ITP 10%)
€18,900
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€2,287
IBI Property Tax (annual)
€172/yr
Est. Total Purchase Costs
~€22,337 (11.8%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
IBI Property Tax
€172/yr
€14/month · municipal property tax
Total fixed costs€172/year (€14/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,688
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+2%
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 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. You should also budget for notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800) and legal fees (around 1% of the purchase price plus VAT). Reduced rates and local allowances may apply if you meet the Valencian Community's conditions — for example based on age, large-family or disability status, or buying a primary residence — worth checking before you finalise your budget.
Can non-residents get a mortgage on this property?
Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation (whichever is lower), so a deposit of 30–40% is usually required. Current variable and fixed mortgage rates in Spain are broadly in the 3.5–4.5% range, though individual offers depend on your financial profile and the lender. Your solicitor or an independent mortgage broker can help compare products from Spanish banks.
What are the ongoing running costs?
The annual IBI (council tax) is EUR 172. There are no community fees for this property. Basura (refuse collection) charges have not been confirmed — ask the agent for the current figure from the local authority. Utility contracts (electricity, water) will need to be transferred to your name on completion.
Can I view the property remotely before travelling to Spain?
Yes. OceanHome can arrange a live video viewing via WhatsApp, FaceTime or Zoom so you can walk through the property in real time with one of our agents. This is a useful first step before committing to a visit in person. Contact us to schedule a time that suits you.
Does this property have rental potential?
La Siesta is a primarily residential neighbourhood, but Torrevieja as a whole attracts a significant number of seasonal visitors. Short-term tourist lets in the Valencian Community require a tourist licence from the regional authority. The three-bedroom layout and rooftop terrace may appeal to holiday tenants. We recommend consulting a local property manager for realistic occupancy and income estimates before purchasing for rental purposes.
What does the purchase process look like?
You will first need a Spanish NIE number (tax identification number for foreigners), which your solicitor can obtain on your behalf. Once terms are agreed, 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), where typically 10% of the purchase price is paid. Completion takes place before a notary, at which point the remaining balance, taxes and fees are settled and the keys are handed over. The full process commonly takes six to twelve weeks from offer to completion.