2005-Built 1-Bedroom Apartment in La Veleta, Torrevieja
La Veleta, Torrevieja · AlicanteListed Jul 2026 · Updated 24 Sept 2026
1 Bed1 Bath0 m²Built 2005Energy: Exempt
Description
Built in 2005, this 1-bedroom, 1-bathroom apartment in La Veleta sits on the ground floor of a building served by a lift. The property has been on the market at EUR 159,000, placing it among the more affordable entry points in Torrevieja for a self-contained apartment. Alicante-Elche Airport is approximately 35 minutes by car, making the location practical for regular travellers or short-stay visitors.La Veleta is a residential district on the western edge of Torrevieja, bordered by Calle Beethoven and Avenida de las Habaneras. The neighbourhood is largely low-rise and quiet, with daily amenities within a short drive. Torrevieja town centre is roughly 3 kilometres from La Veleta, giving access to the weekly Wednesday and Saturday markets on Calle Patricio Pérez, as well as the promenade along Playa del Cura.At EUR 159,000, the asking price equates to a competitive rate per square metre for the La Veleta area, though build size data should be confirmed with the agent. The energy certificate is currently exempt. Community fees are listed at EUR 0 per month, and IBI figures are available on request. Torrevieja's position as a tourist municipality means apartments here have an established short-term rental market, though yields will depend on final build size and licence status.
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 0 m² |
| Floor | 0 |
| Year Built | Built 2005 (21 years) |
| Energy Certificate | Rating Exempt |
| Reference | OH02356 |
Features & Amenities
Climate & Comfort
- Air conditioning (ask agent)
Security & Access
- Lift
Interior
- Ground floor
Other Features
- 1 bedroom
- 1 bathroom
- Built 2005
- Residential building
- 35 minutes from Alicante-Elche Airport
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
La Veleta, Torrevieja · 37.9580, -0.7063
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/m²B
29 – 49kWh/m²C
50 – 79kWh/m²D
80 – 119kWh/m²E
120 – 179kWh/m²F
180 – 239kWh/m²G
> 240kWh/m²Energy 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%) | €14,500 |
| Notary Fees | ~€700 |
| Land Registry | ~€450 |
| Legal Fees (1% + VAT) | ~€1,755 |
| Est. Total Purchase Costs | ~€17,405 (12.0%) |
About La Veleta, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs on top of the EUR 159,000 asking price?
For a resale property in Alicante province, buyers pay ITP (transfer tax) at 10%, which equals EUR 15,900 on this price. Additional costs include notary fees (approximately EUR 600–1,200), land registry fees (approximately EUR 400–800), and legal fees of around 1% of the purchase price plus VAT (roughly EUR 1,590 plus VAT). Total additional costs are typically 12–14% of the purchase price, so budget around EUR 19,000–22,000 on top of the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend up to 60–70% of the purchase price to non-residents, meaning a deposit of 30–40% is typically required. On EUR 159,000, that equates to a deposit of roughly EUR 47,700–63,600. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%. We can introduce you to independent mortgage brokers who specialise in non-resident finance.
What are the ongoing running costs for this apartment?
Community fees are listed as EUR 0 per month. Annual IBI (council tax) figures are not currently available and should be confirmed with the agent before exchange. There may also be an annual basura (rubbish collection) charge, which is set by Torrevieja Town Hall and varies by property type. We recommend requesting all utility and tax documentation during due diligence.
Can I arrange a viewing, and are remote viewings available?
Yes. In-person viewings can be booked through OceanHome at a time to suit you. If you are based outside Spain, we also offer video viewings via WhatsApp or video call, allowing you to tour the property live with one of our agents before committing to travel.
What is the rental potential for this apartment in Torrevieja?
Torrevieja is classified as a tourist municipality, and La Veleta apartments do attract short-term holiday lettings. Rental demand is strongest from June to September, with shoulder-season bookings increasingly common. To let legally, you will need a tourist licence from the Comunitat Valenciana. We recommend speaking to a local property manager about realistic occupancy rates before purchase, as returns depend on the confirmed size and condition of the apartment.
What steps are involved in buying this property?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate abroad or in person in Spain. Once you agree a price, a reservation contract and deposit (typically EUR 3,000–6,000) secures the property. This is followed by a private purchase contract (arras), where a further deposit, usually 10% of the price, is paid. Completion takes place before a notary, where the title deed (escritura) is signed and the balance is transferred. The whole process typically takes 6–12 weeks from reservation to completion.
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Key Details
- Type
- apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Build Size
- 0 m²
- Energy Rating
- Exempt
