4th-Floor 1-Bedroom Apartment in Parque de las Naciones
Parque De Las Naciones, Torrevieja · AlicanteListed Jun 2026
1 Bed2 Bath80 m²Built 2004Energy: E
Description
This 80 m² apartment on the 4th floor of a 5-storey building in Parque de las Naciones offers two bathrooms, which is uncommon for a 1-bedroom property at this price point. Built in 2004 and served by a lift, the apartment includes a hallway that splits into two wings. The right wing holds a living room with a breakfast bar, a fully equipped open-plan kitchen, and a balcony overlooking the Pink Lake. The left wing contains a master bedroom with an en-suite bathroom and dressing area, and a second room with a large built-in wardrobe and a separate shower room. The property is sold fully furnished, including all appliances and split air conditioning with hot and cold settings.Parque de las Naciones is a residential neighbourhood in central Torrevieja, within walking distance of Calle Ramón Gallud and the Mercado Municipal on Plaza Orense. The Pink Lake (Laguna Rosa) and Playa del Cura are both reachable on foot from this part of Parque de las Naciones. Alicante-Elche Airport is approximately 35 minutes by car.At EUR 144,000, the price works out to EUR 1,800 per m². Annual IBI is EUR 250 and community fees are EUR 400 per year, equating to roughly EUR 33 per month. The energy rating is E. Torrevieja is classified as a tourist area, and the central location of Parque de las Naciones makes this apartment a practical option for short-term rental income when not in personal use.
Property Details
Property Type
Apartment
Bedrooms
1
Bathrooms
2
Built Area
80 m²
Terrace
5 m²
Floor
4 of 5
Year Built
Built 2004 (22 years)
Energy Certificate
Rating E
Reference
OH02281
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Balcony
Solarium
Security & Access
Lift
Storage & Parking
Built-in wardrobes
Interior
En-suite master bathroom
Separate shower room
4th-floor position
Other Features
2 bathrooms
Fully furnished
Open-plan kitchen
Breakfast bar
Pink Lake views
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Parque De Las Naciones, Torrevieja · 37.9799, -0.6899
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
EThis property
120 – 179kWh/m²
F
180 – 239kWh/m²
G
> 240kWh/m²
Rating
E
Below Average
Consumption
120 – 179
kWh/m² per year
Est. Annual Cost
€1,010 – €1,520
energy bills/year
How to improve the energy rating
Improving roof or wall insulation
Upgrading to LED lighting throughout
Installing solar panels for hot water
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%)
€14,400
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,742
Community Fees (monthly)
€400/mo
IBI Property Tax (annual)
€250/yr
Est. Total Purchase Costs
~€17,292 (12.0%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
Community Fees
€400/mo
€4,800/year · covers pool, gardens, common areas
IBI Property Tax
€250/yr
€21/month · municipal property tax
Total fixed costs€5,050/year (€421/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,800
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+9%
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 Parque De Las Naciones, 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 property in the Valencia Community (Alicante province), you will pay ITP (transfer tax) at 10% of the purchase price, which is EUR 14,400 on EUR 144,000. Additional costs include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% plus VAT (around EUR 1,452 including VAT). In total, budget for approximately EUR 17,000–18,500 on top of the purchase price.
Can I get a mortgage on this property as a non-resident?
Yes. Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation (whichever is lower), meaning you would need a deposit of 30–40%. On EUR 144,000, that is roughly EUR 43,200–57,600. Current variable and fixed mortgage rates range from approximately 3.5% to 4.5% annually. We can refer you to independent mortgage brokers with experience in non-resident applications.
What are the ongoing running costs for this apartment?
The annual IBI (council tax) is EUR 250 and community fees are EUR 400 per year (approximately EUR 33 per month). Utility contracts for water and electricity are set up separately. There is no basura (rubbish collection) figure currently on file, though this is typically a modest additional charge billed by the local council.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who cannot visit in person. A member of our team will walk through the property on a live video call at a time that suits you, allowing you to ask questions in real time. In-person viewings can be arranged with advance notice.
What is the rental potential for this apartment?
Torrevieja is a designated tourist zone, and properties in central areas such as Parque de las Naciones can be let on a short-term basis with a Valencian Community tourist licence (VT licence). The central location, Pink Lake views from the balcony, and full furnishing make this apartment a practical short-term let option. We recommend consulting a local property manager for current occupancy and rate data specific to this street.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in person in Spain. Once you agree on a price, a reservation contract and fee (typically EUR 3,000–6,000) secures the property. This is followed by a private purchase contract (arras), where a further deposit is paid, usually bringing the total to 10% of the price. The balance is paid at completion before a notary, at which point ownership transfers and the deeds are signed. The process from reservation to completion typically takes 4–8 weeks.
