Apartment · Sale Torrevieja · Ref. HH-GI-21-S714

125.000€
Price per m2 2.404€/m2

Apartment · Sale Torrevieja · Ref. HH-GI-21-S714

Description

Bungalow in Torrevieja | South-Facing Plot Near the Salt Lagoon

Price per m2 2.404€/m2
Built 52m2
Bedrooms 3
Bathrooms 1

This 3-bedroom bungalow in Torrevieja offers 52m² of built space on a south-facing plot, just steps from the salt lagoon, priced at €125,000. The property includes a service room with conversion potential, a private attic for storage, and an outdoor area that catches the sun all day long. Located approximately 45 minutes from Alicante-Elche Airport in one of Costa Blanca's most characterful coastal towns.

Tucked away in the peaceful Torretas district of Torrevieja, this well-maintained bungalow offers a genuinely rare combination of a south-facing private plot and a tranquil setting at an attractive price point on the Costa Blanca. The property sits just steps from the salt lagoon — one of the most beautiful natural landmarks in the region and a favourite spot for morning walks, evening strolls, and simply soaking up the Mediterranean atmosphere. With sunshine filling the outdoor space from morning to evening, this is a home that invites you to slow down and enjoy life at its best.

Inside, the bungalow provides three bedrooms. The third room is currently configured as a service room but could easily be converted into a walk-in wardrobe, a home office, or a children's room. A bathroom serves the home, and the layout is practical and comfortable throughout. The property is in good condition and is ready to move into immediately, or to personalise with your own touches. An attic provides excellent additional storage space — a feature that proves invaluable in everyday living.

The outdoor area is a genuine highlight. The south-facing plot ensures sunshine throughout the day, making it a wonderful space for barbecues with family and friends, a small garden, or simply a relaxing terrace. The salt lagoon promenade is right on the doorstep, offering one of the most scenic and peaceful walks on the entire Costa Blanca.

Contact Hansson & Hertzell today to arrange a viewing of this bungalow in Torrevieja.


Why Buy This Property?

  • ✔ South-facing plot with sunshine all day long
  • ✔ Steps from the Torrevieja salt lagoon — a stunning natural landmark
  • ✔ Three bedrooms, including a convertible service room
  • ✔ Private attic storage — rare at this price point
  • ✔ Priced well below the Torrevieja average of €1,850/m²
  • ✔ Approximately 45 minutes to Alicante-Elche Airport

Living in Torrevieja: Mediterranean Lifestyle

Torrevieja is one of the most vibrant and welcoming cities on the Costa Blanca, renowned for its two magnificent salt lagoons — a UNESCO-recognised natural park — and a coastline dotted with Blue Flag beaches, including Playa del Cura, just 200 metres from the town centre. The city has a large and well-established international community, with residents from Sweden, the UK, Germany, and across Northern Europe, which means excellent amenities, international supermarkets, and a social scene that is easy to join from day one.

Day-to-day life in Torrevieja is genuinely convenient. The weekly outdoor market is one of the largest in the region, the town has a modern health centre and private clinics, and the promenade along the seafront is a pleasure to walk at any time of year. Neighbouring towns such as Orihuela Costa, La Zenia, and Guardamar del Segura are all within a 15–25 minute drive, offering even more beaches, restaurants, and shopping options, including the renowned La Zenia Boulevard. Alicante-Elche Airport is approximately 45 minutes away, making it easy to stay connected with the rest of Europe.


Investment Potential

At €125,000, this bungalow represents one of the most competitively priced entry points currently available in the Torretas district of Torrevieja. The Torrevieja market average sits at approximately €1,850/m² for built space, and demand for south-facing properties with private plots in quiet residential areas consistently outpaces supply. Costa Blanca property values have risen approximately 40% since 2020, driven by sustained international demand and limited new stock in established neighbourhoods.

Long-term rentals in this area typically achieve €550–€700 per month, while holiday lets can generate €800–€1,200 per month during the peak summer season. Gross rental yields on well-located bungalows in Torrevieja range from 6% to 8% annually, making this an attractive option for buyers seeking both a lifestyle property and a sound financial investment.


Frequently Asked Questions

What are the total purchase costs when buying a property in Torrevieja?

For a resale property such as this one, buyers should budget for ITP (Impuesto de Transmisiones Patrimoniales) at 10% of the purchase price, plus notary fees, land registry fees, and legal costs totalling approximately 2%. In total, plan for around 12% on top of the agreed purchase price. For new-build properties, IVA (10%) applies instead of ITP. It is always advisable to engage an independent Spanish solicitor to oversee the transaction.

How far is the beach from the Torretas area of Torrevieja?

The Torretas district sits in the western part of Torrevieja, adjacent to the salt lagoon park. The nearest beach, Playa del Cura, is approximately 2–3 kilometres away and easily reached by car or bicycle in under 10 minutes. The salt lagoon promenade — one of Torrevieja's most beloved natural walks — is right on the doorstep of this property.

Can foreigners get a mortgage in Spain to buy a property?

Yes. Spanish banks regularly offer mortgage products to non-resident buyers. Typical terms for foreign nationals include a loan-to-value ratio of 60–70%, interest rates currently in the range of 3–4%, and repayment terms of up to 25 years. Buyers will need to provide proof of income, tax returns from their home country, and a valid NIE (Número de Identificación de Extranjero), which our team can assist you in obtaining.

What are the annual running costs for a bungalow in Torrevieja?

For a property of this type and size, typical annual costs include IBI (local property tax) of approximately €200–€350 per year, water and electricity of roughly €80–€130 per month depending on usage, and home insurance from around €200 per year. Torrevieja's mild climate means heating costs are minimal, keeping overall running costs lower than in most Northern European countries.

Is Torrevieja a good place to invest in property?

Torrevieja is consistently one of the most in-demand residential property markets on the Costa Blanca. Its large permanent international community creates strong long-term rental demand, while its popularity as a summer destination drives excellent holiday let returns. Property values in the area have appreciated significantly since 2020, and ongoing infrastructure investment — including improvements to the marina and promenade — continues to underpin prices.


Contact Hansson & Hertzell:
Phone: 0034 634 044 970
WhatsApp: Click here to chat

Features

Bedrooms: 3
Bathrooms: 1
Built: 52m2
Kitchen: 1

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