Built in 2024, this detached single-storey villa in La Siesta covers 170m² of built space on a 400m² private plot, with a private pool measuring 3.5 x 6.5 metres and a rooftop solarium overlooking the Pink Lagoon. The open-plan ground floor combines the living room, dining area and kitchen in one continuous space, with floor-to-ceiling sliding doors running the full width of the rear elevation. Three bedrooms include a master suite with an en-suite bathroom and a separate walk-in wardrobe, plus two further bedrooms each with built-in wardrobes. The energy rating is G and the property was completed in 2024.La Siesta is a low-density residential neighbourhood on the northern edge of Torrevieja, directly bordering the Lagunas de Torrevieja y La Mata natural park. The park's main access path runs adjacent to the urbanisation and leads to the shoreline of the Pink Lagoon within walking distance. Torrevieja's central market on Calle Patricio Pérez and the main shopping area around Calle del Arquitecto Laguna are reachable in around 10 minutes by car. Alicante-Elche Airport is 35 minutes away by road.The property carries no community fees. IBI figures are not yet confirmed for this new build and should be requested from the agent before exchange. As a resale transaction in the Valencian Community, transfer tax applies at 9% of the purchase price, rising to 11% on the portion of value above €1,000,000; tax is assessed on the higher of the price paid and the property's official reference value. Reduced rates and local allowances may apply if you meet the region's qualifying conditions, which is worth checking before you budget. Notary fees typically range from €600 to €1,200, land registry fees from €400 to €800, and legal representation normally costs around 1% of the purchase price plus VAT.The rear terrace runs the full width of the plot and includes a covered dining area, a chill-out seating zone and a dedicated sunbathing area around the pool. A rooftop solarium, accessed via an external staircase at the rear of the building, provides open views across the Pink Lagoon. Parking for two vehicles is provided within the plot at the front.
Property Details
Property Type
Villa
Bedrooms
3
Bathrooms
2
Built Area
170 m²
Floor
1
Year Built
Recently built
Energy Certificate
Rating G
Reference
OH02444
Features & Amenities
Climate & Comfort
Central air conditioning
Central heating
Outdoor & Pool
Private pool
Rooftop solarium
Garden
Storage & Parking
Parking for 2 cars
Built-in wardrobes
Walk-in wardrobe
Interior
En-suite bathroom
Floor-to-ceiling sliding doors
Other Features
Open-plan kitchen and living area
New build (2024)
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 37.9860, -0.6993
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%)
€65,000
Notary Fees
~€1,200
Land Registry
~€850
Legal Fees (1% + VAT)
~€7,865
Est. Total Purchase Costs
~€74,915 (11.5%)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€3,824
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+132%
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 costs should I budget for 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 assessed 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 qualifying conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you finalise your budget. On top of ITP, allow approximately €600–€1,200 for notary fees, €400–€800 for land registry fees, and around 1% of the purchase price plus VAT for independent legal advice.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally offer a maximum loan-to-value of 60–70% for non-residents. Variable and fixed mortgage rates in Spain are currently in the region of 3.5–4.5% per annum, though the rate you are offered will depend on your personal financial profile and the lender. We recommend speaking to a Spanish mortgage broker early in the process.
What are the ongoing running costs for this villa?
There are no community fees for this property. IBI (council tax) figures have not yet been confirmed for this new build — please ask the agent for the latest information before exchange. No basura (refuse collection) figure is available at this stage; the agent can clarify this once the property is registered with the local authority. Budget separately for utilities including electricity, water and home insurance.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings by appointment, during which an agent will walk through the property in real time and answer questions as you go. This can be a useful first step before arranging a visit in person. To book either a video or an in-person viewing, contact the OceanHome team and we will arrange a time that suits you.
Is this villa suitable as a holiday rental investment?
La Siesta and the wider Torrevieja area attract consistent demand for short-term holiday lets, particularly from spring through to autumn, given the proximity to the coast and the Pink Lagoon natural park. To let the property legally as a tourist rental in the Valencian Community, you will need to obtain a tourist licence from the regional authority before listing it on any platform. We recommend speaking to a local property manager about current occupancy patterns and licensing requirements before making any investment decision.
What is the purchase process for buying a property in Spain?
The first step is to obtain an NIE (Número de Identificación de Extranjero), the Spanish tax identification number required for any property transaction. Once you have agreed a price, a reservation contract is typically signed and a small holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which point a further deposit — usually 10% of the purchase price — is paid, with penalties on either side if the sale does not proceed. Completion takes place before a notary, who registers the deed with the Land Registry. Throughout this process, independent legal representation is strongly advised.