1986-Built 1-Bedroom Villa in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed Nov 2026 · Updated 8 Nov 2026
1 Bed1 Bath52 m²Built 1986
Description
Built in 1986, this detached single-bedroom villa in La Siesta, Torrevieja, offers 52m2 of built space on the ground floor with two private parking spaces included. The property dates from 1986 and carries an energy exemption certificate. There are no community fees, keeping annual running costs low. La Siesta is a low-density residential area in Torrevieja's southern inland belt, bordered by Calle Campoamor and Avenida de los Europeos.La Siesta sits roughly 3 kilometres from Torrevieja's salt lakes, a protected natural area popular with walkers and cyclists. The urbanisation has its own small commercial strip with convenience shops and a bar. Torrevieja's main market on Calle Patricio Pérez and the larger supermarkets on Avenida Doctor Marañón are under 10 minutes by car. Alicante-Elche Airport is approximately 35 minutes away by road.IBI figures are not currently recorded for this listing; the agent can confirm the annual amount on request. Community fees are zero. The energy rating is exempt, which applies to properties of this age and type under Spanish regulations. With two off-street parking spaces and no shared-charge obligations, La Siesta remains a practical option for buyers seeking a low-overhead property near Torrevieja.
Property Details
| Property Type | Villa |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 52 m² |
| Floor | 0 |
| Year Built | Built 1986 (40 years) |
| Reference | OH02540 |
Features & Amenities
Storage & Parking
- Two parking spaces
Interior
- Ground floor
Other Features
- Detached villa
- No community fees
- Energy rating exempt
- Built 1986
- 52m2 built area
- 1 bedroom
- 1 bathroom
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
La Siesta, Torrevieja · 38.0160, -0.6845
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 |
| Est. Total Purchase Costs | ~€22,337 (11.8%) |
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€3,635
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+120%
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.
Frequently Asked Questions
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. 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. On top of ITP, budget for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees (typically 1% of the purchase price plus VAT). Reduced rates and local allowances may apply if you meet the Valencian Community's conditions — for example age, large-family or disability status, or buying a primary residence — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates in Spain range broadly between 3.5% and 4.5% depending on the lender and your financial profile. Your solicitor or an independent mortgage broker can help you obtain quotes before committing.
What are the ongoing running costs for this villa?
Community fees are zero for this property, so there are no shared-charge obligations. The annual IBI (council tax) figure is not currently recorded in the listing; the agent can confirm the exact amount before you make an offer. There is no basura (waste collection) figure on record either, though this charge is typically set by Torrevieja town council and billed separately.
Can I view this property remotely?
Yes. OceanHome can arrange a live video viewing via WhatsApp or video call at a time that suits you, so you can see the property in real time without travelling. An in-person visit can be arranged once you are satisfied the property meets your requirements.
Is this villa suitable as a rental investment?
Torrevieja is a tourist licence area, so short-term holiday rentals are permitted subject to obtaining a tourist licence from the Valencian Community authorities. La Siesta attracts both long-term residential tenants and short-stay visitors given its proximity to the salt lakes and the town centre. The agent can advise on current rental demand and licensing requirements; we do not quote yield estimates as these depend on occupancy, management costs and seasonal pricing.
What are the key steps in the purchase process?
First, obtain a Spanish NIE (foreigner identification number) — your solicitor can apply on your behalf. Once you agree a price, a reservation contract and deposit (typically EUR 3,000–6,000) takes the property off the market. This is followed by a private purchase contract (arras), where a further deposit is usually paid, commonly 10% of the agreed price. Completion takes place before a Spanish notary, at which point the remaining balance and taxes are settled and the title deed (escritura) is signed. The whole process from reservation to completion typically takes six to twelve weeks.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- villa
- Bedrooms
- 1
- Bathrooms
- 1
- Build Size
- 52 m²
