This 2-bedroom, 1-bathroom apartment of 75m² is for sale at €120,000 in central Torrevieja. The move-in ready property features a private balcony, fitted wardrobes, elevator access, and included appliances, perfect for permanent residence or investment opportunity.
This centrally located apartment in the heart of Torrevieja presents an exceptional opportunity to embrace the Mediterranean lifestyle in one of Costa Blanca's most vibrant areas. The 75m² property combines prime location with competitive pricing at €120,000, making it ideal for both homebuyers seeking their Spanish dream and experienced investors looking for solid returns.
The well-distributed interior features two spacious bedrooms with fitted wardrobes that maximize storage space, plus a fully equipped bathroom. The east-facing orientation ensures abundant natural morning light, creating a warm and welcoming atmosphere throughout the day. All appliances are included, making the transition to Spanish living seamless and hassle-free.
The private balcony provides the perfect outdoor space for morning coffee or evening relaxation, while elevator access ensures comfort and accessibility for all residents. The property is in excellent condition and completely move-in ready, requiring no additional renovations or improvements.
The central Torrevieja location provides immediate access to essential services, local restaurants, shopping centers, and public transportation. This prime area of Torrevieja is renowned for its lively atmosphere and proximity to Costa Blanca's stunning beaches, perfectly combining urban convenience with the relaxed Mediterranean lifestyle that attracts thousands of international residents.
Living in central Torrevieja means immersing yourself in authentic Mediterranean living, where sunshine graces the coast over 300 days per year. This dynamic coastal city is famous for its spectacular pink salt lakes, weekly markets brimming with fresh local produce, and vibrant nightlife that attracts both residents and international tourists year-round.
From this central apartment, golden beaches are just 750 meters away, while the bustling promenade lined with beachfront restaurants and chiringuitos is within pleasant walking distance. Local markets, supermarkets, pharmacies, and medical centers are all easily accessible on foot. Alicante Airport is only 45 minutes by car, providing excellent European connections.
This apartment enhances this lifestyle with its sunny balcony for morning relaxation and its walkable location that eliminates car dependency for daily activities, allowing you to truly embrace the slower pace of Spanish coastal living.
The real estate market in central Torrevieja demonstrates consistent demand for both holiday and residential rentals, with annual yields typically ranging between 6-8%. This property's central location makes it particularly appealing to tourists seeking proximity to beaches, restaurants, and nightlife venues.
Torrevieja welcomes over 2 million visitors annually, creating sustained demand for short-term rentals throughout the year. The combination of competitive pricing at €120,000 and prime central location positions this property for solid capital appreciation. The resale market in this area remains robust due to Torrevieja's continued popularity among European buyers seeking their Mediterranean home base.
Purchase costs include 8% ITP tax for resale properties, notary fees (0.5-1%), property registry (0.2-0.5%), and legal fees. Total additional costs typically range from 10-12% of the purchase price.
Torrevieja's beaches are approximately 750 meters from the apartment, equivalent to an 8-10 minute walk. The seafront promenade with restaurants and beach bars is the same distance, providing easy access to coastal living.
The property includes all appliances, fitted wardrobes in bedrooms, and is completely move-in ready. The building features elevator access and the apartment has a private east-facing balcony for natural morning light.
Properties in central Torrevieja can generate 6-8% annual yields. During peak season, similar apartments rent for €400-600 per week, while annual rentals typically achieve €500-700 monthly depending on furnishing and presentation.
Torrevieja offers exceptional climate, award-winning beaches, established tourism infrastructure, and competitive pricing. The city attracts over 2 million visitors annually and has a well-established international community, ensuring sustained rental demand.
Alicante Airport is approximately 45 minutes by car from Torrevieja. Regular bus services operate and highway connections are excellent, making travel convenient for both residents and rental guests throughout the year.
Community fees for buildings with elevators in central Torrevieja typically range €30-50 monthly. Costs cover elevator maintenance, communal area cleaning, and building insurance. Annual IBI property tax is approximately €200-300.
Torrevieja features the famous Pink and Green Lagoons, weekly markets, water sports, nearby golf courses, and vibrant nightlife. Close proximity to Cartagena, Murcia, and the pristine beaches of Cabo de Palos adds excellent day trip options.
Digital viewings make it possible to conveniently meet the broker and get a viewing of the home directly on the mobile.