This 2-bedroom townhouse in Torrevieja's Torretas area offers 50m² of comfortable living space for €139,900. Features include private parking, a sunny terrace, and two full bathrooms. Located just minutes from local amenities and beaches, this move-in ready property is perfect for families or holiday investment.
Discover this charming townhouse nestled in the peaceful Torretas neighbourhood of Torrevieja, one of Costa Blanca's most sought-after residential areas. Built in 1997 and maintained in excellent condition, this property presents a wonderful opportunity for families seeking a permanent home or investors looking for a holiday rental with strong rental potential.
The interior provides a thoughtful layout across 50m² of built space, featuring two generous double bedrooms bathed in natural light thanks to their exterior-facing orientation. Both bedrooms offer ample storage and comfortable living spaces ideal for family life or hosting guests. The property includes two complete bathrooms, ensuring privacy and convenience for residents and visitors alike. The open-plan living areas create a welcoming atmosphere, whilst the modern finishes throughout reflect careful maintenance over the years.
Step outside to discover a private terrace where you can embrace the Mediterranean lifestyle year-round. This outdoor space is perfect for morning coffee in the sunshine, al fresco dining with friends, or simply unwinding after a day at the beach. The property includes dedicated private parking—a valuable asset in this popular area—providing secure, hassle-free vehicle storage. The townhouse is situated within a well-maintained community with annual fees of just €195, offering excellent value alongside low annual property tax (IBI) of €155.
Contact Hansson & Hertzell today to arrange your personal viewing of this exceptional Torretas townhouse.
Torretas is a tranquil residential neighbourhood on the outskirts of Torrevieja, offering the perfect balance between peaceful living and convenient access to coastal amenities. Located approximately 3km from Playa del Cura and Torrevieja's bustling seafront promenade, this area is favoured by families and retirees seeking a quieter pace of life without sacrificing proximity to beaches, shopping centres, and services.
The neighbourhood features excellent local infrastructure including supermarkets, medical centres, pharmacies, and a variety of restaurants serving both Spanish and international cuisine. The nearby Habaneras Shopping Centre and La Zenia Boulevard—one of Europe's largest open-air shopping destinations—are just a short drive away. Torretas benefits from a strong sense of community, with a mix of Spanish residents and international families creating a welcoming, multicultural atmosphere.
Torrevieja offers year-round sunshine with over 300 days of clear skies annually, making it ideal for outdoor activities and beach living. The town is renowned for its therapeutic salt lakes, vibrant Friday market, and excellent transport connections. Alicante-Elche Airport is just 40 minutes by car, with regular flights connecting to cities across Europe. Golf enthusiasts will appreciate the proximity to championship courses at Villamartín, Las Colinas, and Campoamor, all within 15 minutes' drive.
At €139,900 for 50m² of built space, this townhouse represents excellent value in the Torrevieja market. Properties in the Torretas area typically command prices between €1,600-€2,000 per square metre, positioning this home competitively for both personal use and investment purposes. The recent price reduction of €10,000 offers immediate equity for buyers.
Torrevieja continues to experience steady demand from both holiday renters and long-term tenants, driven by its coastal location, international airport access, and established expatriate community. Holiday rentals in this area typically achieve gross yields of 6-8% annually, with peak summer season commanding €500-€700 per week for similar properties. Long-term rental demand remains strong, with two-bedroom properties typically securing €550-€700 per month from quality tenants.
Costa Blanca property values have appreciated approximately 40% since 2020, reflecting growing international interest in Spanish coastal markets. The combination of affordable pricing, low running costs (under €400 annually including community fees and IBI), and strong rental demand makes this townhouse an attractive option for investors seeking Mediterranean property exposure with manageable entry costs.
For resale properties in Spain like this townhouse, buyers should budget approximately 10-12% of the purchase price for additional costs. This includes Transfer Tax (ITP) at 10% of the declared value, notary fees (approximately €600-€1,200), land registry fees (around €400-€600), and legal fees if you hire a solicitor (typically 1% plus VAT). For this €139,900 property, total costs would be approximately €14,000-€17,000 on top of the purchase price. New build properties have different tax structures, with IVA (VAT) at 10% instead of ITP.
Yes, non-resident foreigners can obtain mortgages from Spanish banks, though terms differ from resident loans. Banks typically offer 60-70% loan-to-value for non-residents (compared to 80% for residents), with interest rates currently ranging from 3-4.5% depending on the bank and your financial profile. Mortgage terms usually extend 15-25 years, with maximum age at loan maturity typically set at 70-75 years. You'll need to provide proof of income, bank statements, tax returns, and obtain a Spanish NIE number. Many international banks operating in Spain offer English-language service specifically for foreign buyers.
Torrevieja is excellent for year-round living, particularly for retirees and remote workers. The city offers over 300 days of sunshine annually with mild winters (average 16-18°C in January) and warm summers tempered by sea breezes. The large international community means English is widely spoken in shops, restaurants, and services. Healthcare facilities are excellent, including the modern University Hospital of Torrevieja and numerous private clinics. The city provides comprehensive amenities including international supermarkets, British pubs, Scandinavian bakeries, and cultural centres. Unlike purely seasonal tourist towns, Torrevieja maintains vibrant activity throughout winter months, with many permanent residents and a well-established infrastructure supporting year-round life.
This townhouse could generate attractive rental returns through both holiday and long-term letting strategies. For holiday rentals (requiring a VUT tourist license), similar properties in Torretas achieve €500-€700 per week during peak season (June-September) and €300-€450 per week in shoulder months, with typical annual occupancy rates of 20-25 weeks generating gross income of €10,000-€15,000 annually (approximately 7-11% gross yield). Long-term rentals offer more stable income with less management, typically commanding €550-€700 per month (€6,600-€8,400 annually, approximately 5-6% gross yield). Remember to factor in costs including community fees, IBI, property insurance (around €200/year), utilities, and maintenance when calculating net returns.
Alicante-Elche Airport is approximately 40 minutes from Torrevieja by car via the AP-7 motorway (toll road, approximately €3-€4) or the N-332 coast road (toll-free, slightly longer). Several transportation options are available: Taxi costs approximately €50-€65 for the journey and can be pre-booked or found at the airport taxi rank. Private transfer services charge similar rates and offer meet-and-greet service—many companies cater specifically to British and Scandinavian visitors. Car rental is available from all major companies at the airport, with daily rates from €25-€40 depending on season and vehicle type. Public transport is the most economical option: the bus line 828 operated by Alsa connects the airport to Torrevieja bus station, running approximately every 60 minutes with journey time of 50-70 minutes and tickets costing around €5-€7.
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Bedrooms: 2 Bathrooms: 1 Built: 50m2 Kitchen: 1Digital viewings make it possible to conveniently meet the broker and get a viewing of the home directly on the mobile.
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