1964-Built 4-Bedroom Apartment in Parque de las Naciones, Torrevieja
Parque De Las Naciones, Torrevieja · AlicanteListed Jul 2026 · Updated 6 Sept 2026
4 Bed2 Bath121 m²Built 1964Energy: Exempt
Description
Built in 1964, this ground-floor apartment in Parque de las Naciones covers 121 m2 of internal space across four bedrooms and two bathrooms, with no community fees payable. The property sits on the ground floor of a low-rise residential block and carries an energy-exempt rating due to its classification. At 121 m2, the floor plan offers more space than most comparable apartments in this price range in Torrevieja.Parque de las Naciones is a well-established residential neighbourhood in Torrevieja, positioned close to the town centre and its daily amenities. The area is largely residential in character, with local shops, cafés and services within easy reach on foot. Torrevieja's central market on Calle Patricio Pérez, the Playa del Cura beach and the Paseo Marítimo promenade are all accessible from Parque de las Naciones without a long journey. Alicante-Elche Airport is approximately 35 minutes by car.Community fees are zero, which keeps the annual running costs low. IBI figures are not currently available and should be requested from the agent before exchange. The energy certificate is exempt. Buyers should obtain an independent legal survey before proceeding.
Property Details
Property Type
Apartment
Bedrooms
4
Bathrooms
2
Built Area
121 m²
Floor
0
Year Built
Built 1964 (62 years)
Energy Certificate
Rating Exempt
Reference
OH02447
Features & Amenities
Interior
Ground floor
Other Features
4 bedrooms
2 bathrooms
121 m2 build
No community fees
Built 1964
Energy rating exempt
Close to town centre
Residential neighbourhood
35 minutes to Alicante-Elche Airport
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Parque De Las Naciones, Torrevieja · 37.9782, -0.6896
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
G
> 240kWh/m²
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%)
€16,900
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€2,045
Est. Total Purchase Costs
~€20,095 (11.9%)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,397
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
-15%
below average
Below area average — potential value buy
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 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. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — and it is worth checking before you budget. In addition, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and approximately 1% of the purchase price plus VAT for legal representation.
Can non-residents get a mortgage on this property?
Spanish banks generally lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, so a deposit of 30–40% is typically required. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5–4.5% range, though individual offers depend on your financial profile and the lender. We can refer you to an independent mortgage broker if helpful.
What are the ongoing running costs?
Community fees for this property are zero. Annual IBI (council tax) figures are not currently available from the listing record and should be confirmed with the agent or the local Torrevieja town hall before exchange. Utility costs will depend on usage.
Can I view the property remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel to Torrevieja immediately. We can also arrange an in-person accompanied viewing at a time that suits you. Contact us to book either option.
Is this apartment suitable as a rental investment?
Torrevieja is a coastal town on the Costa Blanca with consistent demand for both short-term holiday lets and longer-term residential rentals. The absence of community fees improves the net return. A four-bedroom ground-floor apartment of 121 m2 is well sized for family holiday rental or longer-term letting. You should obtain a tourist licence from the Valencian Community authorities before advertising for short-term lets, and we recommend taking independent rental management advice before committing.
What are the key steps in the purchase process?
First, obtain a Spanish NIE (foreigner identification number) — your solicitor can apply on your behalf via a power of attorney if you are not in Spain. Once you agree a price, a reservation contract is signed and a holding deposit paid, typically around EUR 3,000–6,000, to take the property off the market. This is followed by a private purchase contract (arras), at which point 10% of the purchase price is usually paid. Completion takes place before a notary in Spain, at which point the balance and all taxes and fees are settled and the title deed (escritura) is signed and registered.