Renovated Solarium Bungalow in Torreta Florida, Torrevieja
Torreta Florida, Torrevieja · AlicanteListed Nov 2026 · Updated 10 Nov 2026
3 Bed1 Bath105 m²Built 1980
Description
A fully renovated single-storey bungalow in Torreta Florida, built in 1980 and extending to 105 m2, with a tourist rental licence already in place and solar panels with inverter fitted as standard. The property has 3 bedrooms, 1 bathroom with a walk-in shower and a separate WC, an open-plan kitchen fully equipped with appliances, and a living and dining area with air conditioning. Two terraces and a private solarium fitted with outdoor furniture complete the layout, and two private parking spaces are included. The property is sold fully furnished and is ready to occupy or let immediately.Torreta Florida is a low-rise residential area in the southern part of Torrevieja, bordered by landscaped green zones and facing no opposing buildings on this plot, which keeps the setting quiet. The beach and Torrevieja town centre are approximately 2 km away. The Habaneras shopping centre is around a 10-minute drive, and local supermarkets, restaurants and bars are within walking distance. A communal pool with an on-site restaurant serves the urbanisation. Alicante-Elche Airport (ALC) is 35 minutes by road.Community fees are nil. Annual IBI is not confirmed and should be verified with the agent. The property is energy-certificate exempt. With a tourist rental licence already granted, Torreta Florida is an established short-let location and the property can generate income from the point of purchase. Two bicycles and beach equipment are included in the sale.
Property Details
| Property Type | Bungalow |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Built Area | 105 m² |
| Floor | 0 |
| Year Built | Built 1980 (46 years) |
| Reference | OH02549 |
Features & Amenities
Climate & Comfort
- Air conditioning
Outdoor & Pool
- Private solarium
- Two terraces
- Communal pool
- Balcony
Storage & Parking
- Built-in wardrobes
- Two private parking spaces
- Walk-in shower
Interior
- Fully renovated
Other Features
- Solar panels with inverter
- Fully furnished
- Tourist rental licence
- Open-plan kitchen
- Wi-Fi
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Torreta Florida, Torrevieja · 37.9932, -0.6923
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%) |
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€1,381
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
-16%
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 Torreta Florida, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs 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 Valencian Community's conditions — for example age, large-family or disability status, or buying a primary residence — and it is worth checking before you budget. On top of ITP, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% plus VAT for a solicitor.
Can I get a mortgage on this property as a non-resident?
Spanish lenders typically offer non-residents up to 60–70% of the purchase price or the bank's valuation (whichever is lower), so you should budget for a deposit of 30–40% of the purchase price plus purchase costs. Variable and fixed mortgage rates currently sit broadly in the 3.5–4.5% range, though your rate will depend on your financial profile and chosen lender. We can introduce you to independent mortgage brokers with experience in Spanish non-resident lending.
What are the ongoing running costs?
Community fees for this property are nil. The annual IBI (council tax) figure is not confirmed in the listing data and should be verified directly with the agent or the Torrevieja town hall before exchange. There may also be a small annual basura (refuse collection) charge, which the agent can confirm. The solar panel installation reduces electricity running costs.
Can I view the property remotely?
Yes. We offer video viewings via WhatsApp or video call at a time that suits you, so you can see the layout and condition of the property before travelling. In-person viewings in Torreta Florida can be arranged with 24 hours' notice through any of our Torrevieja team.
What is the rental potential of this bungalow?
A tourist rental licence is already granted for this property, which removes one of the main administrative hurdles for short-let use. Torreta Florida is within the Torrevieja municipality, which draws visitors throughout a long summer season and increasingly in winter due to mild temperatures. Because yields vary with occupancy, management fees and running costs, we recommend requesting current rental comparables from our local team rather than relying on a single headline figure.
What does the purchase process look like in Spain?
The first step is obtaining an NIE (Número de Identificación de Extranjero), the tax identification number required for any property transaction in Spain. Once you have agreed the price, you sign a reservation contract and pay a small holding deposit to take the property off the market. This is followed by a private purchase contract (arras), typically with 10% of the purchase price paid at that stage. The balance is paid at the notary on the day of completion, when the title deed (escritura) is signed and ownership transfers to you. The deed is then registered at the Land Registry. The full process from reservation to completion commonly takes six to ten weeks.
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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- bungalow
- Bedrooms
- 3
- Bathrooms
- 1
- Build Size
- 105 m²
