Built in 1986, this south-facing penthouse sits on the fifth floor of a gated urbanisation in Cabo Cervera and spans 58m2 of internal living space, with a private solarium above. Two allocated parking spaces are included, and a lift serves all floors. The apartment holds a south-facing orientation, drawing good natural light through the day, and air conditioning is fitted in the living area.Cabo Cervera is a residential coastal district in the southern part of Torrevieja, bordering the Playa del Cura coastline and close to the Parque Natural de las Lagunas de Torrevieja. Day-to-day amenities, including supermarkets and cafés along Avenida de los Marineros, are within walking distance of the urbanisation. Alicante-Elche Airport (ALC) is approximately 35 minutes by car.Community fees are currently zero. The IBI annual rate is not confirmed and should be verified with the local authority before exchange. The property carries an energy rating of G. Cabo Cervera sees consistent short-term rental demand given its position near the waterfront, making it a practical option for investors as well as owner-occupiers.
Property Details
Property Type
Penthouse
Bedrooms
2
Bathrooms
1
Built Area
58 m²
Floor
5
Year Built
Built 1986 (40 years)
Orientation
South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate
Rating G
Reference
OH02478
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Private solarium
Security & Access
Lift
Gated urbanisation
Storage & Parking
Parking (2 spaces)
Interior
5th-floor position
Abundant natural light
Other Features
South-facing orientation
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Cabo Cervera, Torrevieja · 38.0020, -0.6492
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%)
€14,990
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€1,814
Est. Total Purchase Costs
~€17,954 (12.0%)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,584
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+57%
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 Cabo Cervera, 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 sale 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 the region's conditions — for example age, large-family or disability status, or buying a primary residence — and are worth checking before you budget. Additional costs typically include notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT.
Can I get a mortgage as a non-resident buyer?
Spanish lenders typically offer non-residents a loan-to-value of 60–70%, meaning you would need a deposit of 30–40% of the purchase price. Current variable and fixed mortgage rates from Spanish banks generally range between 3.5% and 4.5% per annum, though your individual rate will depend on your financial profile and the lender. We recommend obtaining a mortgage agreement in principle before making an offer.
What are the ongoing running costs?
Community fees for this property are currently zero. The annual IBI (council tax) figure has not been confirmed and should be verified with Torrevieja town hall before you complete. You should also allow for utility contracts (electricity, water) and contents insurance as recurring costs.
Can I arrange a viewing remotely?
Yes. In addition to in-person viewings, we offer video viewings for buyers who are unable to travel to Torrevieja at short notice. Contact our team to schedule either option at a time that suits you.
Is there rental potential for this property?
Cabo Cervera's proximity to the Torrevieja waterfront supports consistent demand from short-term holiday renters, particularly between May and October. A tourist rental licence (licencia de arrendamiento turístico) is required to let legally on a short-term basis in the Valencian Community. We recommend speaking to a local property manager about achievable occupancy and rates before factoring rental income into your purchase decision.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which can be obtained at a Spanish consulate in your home country or at a police station in Spain. Once an offer is agreed, the usual sequence is a reservation deposit to take the property off the market, followed by a private purchase contract (contrato de arras) where typically 10% of the price is paid, and finally completion at the notary where the balance is transferred and title deeds (escritura) are signed. The full process commonly takes between six and twelve weeks from offer to completion.