A renovated 2-bedroom upper-floor bungalow in Torrevieja, offering 45m² of well-planned living space for €126,000. Fully furnished and fitted with air conditioning, the property is move-in ready and sits 1,500 metres from the beach on the Costa Blanca. IBI is €158 per year.
This bright and welcoming bungalow is set on the upper floor of a low-rise building in the Nueva Torrevieja district — a well-established residential area with excellent access to everyday amenities. The property has been recently renovated throughout, offering a clean, comfortable finish from day one. Whether you are looking for a permanent residence, a holiday retreat, or a rental investment on the Costa Blanca, this bungalow delivers strong value at an accessible price point.
Inside, the layout makes excellent use of the 45m² floor plan. There are two double bedrooms, each comfortably sized for guests or full-time living. A well-appointed bathroom serves the property, and air conditioning is fitted throughout to keep the interior cool during the warm Spanish summers. The bungalow is sold fully furnished and equipped — nothing needs to be bought, replaced, or arranged before moving in.
Outside, a private terrace extends the living space and provides a pleasant spot to enjoy the morning sun or an evening drink. The building is situated in a quiet, well-connected part of Torrevieja, within easy reach of supermarkets, restaurants, public transport links, and leisure facilities.
To arrange a viewing or request further information, please contact Hansson & Hertzell:
Phone: 0034 634 044 970
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Torrevieja is one of the most popular destinations on the Costa Blanca for good reason. The city sits on Spain's southeastern coast and enjoys an average of 320 sunny days per year — one of the highest figures in Europe. Life here revolves around the sea, the salt lakes, the promenade, and the remarkable variety of restaurants, bars, and markets that make day-to-day living genuinely enjoyable.
The famous Playa del Cura and Playa de los Locos are among the town's most beloved beaches, both within comfortable reach. Torrevieja also borders two protected salt lagoons — the Parque Natural de las Lagunas de La Mata y Torrevieja — a unique natural environment that provides a striking backdrop to daily life. The town has a thriving year-round expat community, with large numbers of Scandinavian, British, and Northern European residents who have made Torrevieja their permanent home.
Alicante-Elche International Airport is approximately 45 minutes away by car, with regular direct flights to most major European cities. The town itself is well served by local buses, supermarkets, medical centres, international schools, and shopping facilities. For those who enjoy an active lifestyle, the area offers cycling routes, golf courses within easy driving distance, and a marina for water sports.
At €126,000, this property is priced at approximately €2,800 per m² on built area — broadly in line with the Torrevieja market average of around €1,850 per m² on useful area, reflecting the renovated condition and furnished, ready-to-let status of the property. Buyers entering Torrevieja now benefit from a market that has seen consistent price growth of approximately 40% since 2020, driven by strong international demand and limited new supply in established districts.
For investors, Torrevieja's year-round tourism and large permanent expat population support solid rental demand. Holiday lets on a 2-bedroom property in this area can generate €500–€800 per month in peak season, while long-term rentals typically achieve €450–€600 per month. Gross yields of 4–6% are realistic for this price bracket. Purchase costs in Spain for a resale property are approximately 12% on top of the purchase price (10% ITP transfer tax plus approximately 2% for notary, registry, and legal fees).
For a resale property in Spain, total purchase costs are typically around 12% of the purchase price. This includes ITP (transfer tax) at 10%, plus notary fees, land registry fees, and legal costs of approximately 2%. For this property at €126,000, you should budget approximately €15,120 in additional costs.
The property is 1,500 metres from the beach — an easy walk or a short cycle along Torrevieja's well-maintained coastal paths.
Yes. Spanish banks lend to non-residents, typically offering 60–70% loan-to-value at interest rates of around 3–4%, with terms of 15–25 years. You will need an NIE number to proceed. Contact us for recommended legal and mortgage contacts in the area.
A 2-bedroom holiday let in Torrevieja can typically earn €500–€800 per month in peak summer season and €350–€500 in low season. Long-term rentals in the area generally achieve €450–€600 per month, giving a potential gross yield of 4–6% at this price level.
The IBI (annual property tax) is confirmed at €158 per year. Utilities typically cost €80–€120 per month. Home insurance runs approximately €150–€250 per year. Community fees have not been confirmed for this property — please contact us for details.
Alicante-Elche International Airport is approximately 45 minutes from Torrevieja by car. A taxi typically costs €40–€55. There is also a regular bus service (ALSA) connecting the airport to Torrevieja, which is a more economical option for regular travellers.
The typical purchase sequence in Spain is: (1) Reserve the property with a reservation deposit, (2) Sign a private purchase contract (arras) and pay 10% of the price, (3) Complete legal due diligence, (4) Sign before a notary and pay the balance, (5) Register the property at the Land Registry. An NIE number is required at all stages. We recommend engaging an independent Spanish solicitor throughout the process.
Torrevieja offers a combination of strong rental demand, an established international community, and a relatively affordable entry price compared to other Costa Blanca towns. With year-round sunshine, good transport links, and consistent interest from Northern European buyers, the town has demonstrated steady price growth and remains one of the most liquid resale markets on the coast.
Browse more properties in Torrevieja or explore our full Costa Blanca property listings.
Bedrooms: 2 Bathrooms: 1 Built: 49m2 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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