Discover this charming renovated bungalow in the peaceful El Limonar area of Torrevieja, offering 60m² of comfortable living space with 2 bedrooms, 1 bathroom, and a 40m² private plot. Originally built in 1986 and recently refreshed with cosmetic upgrades, this property is priced at €115,000 and comes fully furnished and equipped, making it perfect for immediate enjoyment or rental investment on Spain's sunny Costa Blanca.
This delightful bungalow presents an excellent opportunity for buyers seeking a low-maintenance Spanish home in one of Torrevieja's quieter residential areas. The 60m² interior comprises two well-proportioned bedrooms providing comfortable sleeping accommodation, a modern bathroom with contemporary fittings, and an open-plan living area that flows naturally into a functional kitchen. The recent cosmetic renovation ensures the property is move-in ready, with fresh finishes throughout and quality furnishings included in the sale price.
Step outside to your private 40m² plot, offering wonderful potential for Mediterranean outdoor living. This versatile outdoor space provides room for dining al fresco under the Spanish sun, creating a small garden with native plants, or simply relaxing with your morning coffee. The south-facing orientation ensures excellent natural light throughout the day, while the compact size makes maintenance straightforward for holiday home owners or those seeking easy-care living.
El Limonar offers the perfect blend of residential tranquility and convenient access to Torrevieja's extensive amenities. This established neighborhood sits approximately 3 kilometers from the Mediterranean coastline, where you'll find the popular Playa del Cura and the famous salt lakes that give Torrevieja its unique character. The area benefits from excellent local infrastructure including supermarkets, medical centers, bars, and restaurants within easy reach, while maintaining a peaceful atmosphere away from the busier tourist zones. Torrevieja's vibrant town center, with its marina, international restaurants, and twice-weekly markets, is just a short drive away. The location provides easy access to the N-332 coastal road, connecting you to Alicante-Elche Airport in approximately 40 minutes and the wider Costa Blanca region. With over 300 days of sunshine annually and a thriving international community of British, Scandinavian, and northern European residents, El Limonar represents authentic Spanish coastal living at an accessible price point.
At €1,917 per square meter, this bungalow is priced significantly below the Torrevieja average of €2,600/m², offering excellent value for money in a proven rental market. The Costa Blanca continues to attract strong international buyer interest, with property prices in the Torrevieja area increasing approximately 35% since 2020. This property's appeal to holiday renters is substantial—furnished two-bedroom properties in Torrevieja typically generate €500-800 per week during peak summer months (June-September) and €300-500 per week during shoulder seasons, translating to potential gross rental yields of 6-8% annually. The combination of low purchase price, minimal maintenance requirements, and established rental demand makes this an attractive entry-level investment for those seeking Spanish property exposure or a holiday home that can generate income when not in personal use.
When purchasing this €115,000 resale property in Spain, budget for approximately 10% ITP (property transfer tax), plus an additional 2-3% for notary fees, land registry, and legal representation. Total acquisition costs typically amount to 12-13% of the purchase price, or roughly €14,000-15,000 in this case. New build properties are subject to 10% IVA instead of ITP. Many international buyers choose to work with a Spanish gestor or lawyer to navigate the paperwork and ensure all taxes are correctly filed.
El Limonar is located approximately 3 kilometers from Torrevieja's coastline, making it a comfortable 5-minute drive or 35-40 minute walk to beaches like Playa del Cura and Los Locos. The neighborhood's slightly inland position offers quieter residential living while maintaining easy access to the Mediterranean. Regular bus services connect El Limonar with the seafront, and the town's compact layout makes cycling a popular option for beach access during the warm months.
Yes, but you'll need to obtain a VUT (Vivienda de Uso Turístico) tourist license from the Valencian regional government. The application process requires the property to meet certain standards including proper safety certifications, liability insurance, and energy efficiency certificates. Processing times typically range from 2-4 months, and annual fees apply. Many property owners in Torrevieja successfully operate holiday rentals, as the town receives over 3 million visitors annually, creating strong year-round demand for vacation accommodation.
For a 60m² bungalow in Torrevieja, expect annual IBI (property tax) of approximately €200-300 depending on the cadastral value. If the property is part of a community (though this listing indicates "Régimen Libre"), monthly community fees would typically range from €30-60. Utility costs for electricity and water average €50-80 monthly for moderate usage, though this varies significantly between permanent residence and holiday rental use. Buildings insurance runs approximately €150-250 annually. Total annual costs for this property would likely fall between €1,200-1,800.
Torrevieja excels as a year-round destination, with average winter temperatures of 16-18°C and over 320 days of sunshine annually. The town supports a permanent international population of over 100,000, ensuring shops, restaurants, and services remain open outside peak tourist season. You'll find English-speaking doctors, international supermarkets (Carrefour, Mercadona, Lidl), and active expat community groups. The climate is particularly beneficial for those with respiratory conditions due to the micro-climate created by the salt lakes. However, summers can be very hot (35-40°C in July-August), and the town becomes significantly busier during Spanish holiday periods.
Contact us:
Phone: 0034 634 044 970
WhatsApp: Click here to chat
Explore more properties in Torrevieja, perfectly positioned on the beautiful Costa Blanca.
Bedrooms: 2 Bathrooms: 1 Built: 60m2 Kitchen: 1Digital viewings make it possible to conveniently meet the broker and get a viewing of the home directly on the mobile.
First of all, thanks for contacting us.
We have received your request regarding the property reference: HH-ALG-A11085. One of our agents will contact you as soon as possible.
First of all, thanks for contacting us.
We have received a request for a report if you lower the price of the property with the reference: HH-ALG-A11085
In the meantime, please have a look at this selection of similar properties, that might be of interest to you:
Back to search results
Call us
Send message