This studio apartment in the Torrejón district of Torrevieja offers 33m² of well-planned living space on the third floor, with lift access and a fully exterior aspect, priced at €119,900 — reduced from €129,900. Just 340 metres from the Mediterranean coast, the property is in move-in condition and sits in one of Costa Blanca's most vibrant seaside towns.
Set on the third floor of a building with lift access, this studio in Torrevieja makes the most of its compact footprint with a bright, fully exterior layout that fills every corner with natural light throughout the day. Built in 1985, the property has been maintained in a condition that requires no works before moving in — a genuine ready-to-use base on the Costa Blanca coast. The Torrejón district places you within walking distance of Torrevieja's seafront, its celebrated salt lagoon, the weekly markets, and the full range of amenities that make this one of the most popular international communities in southern Spain.
Inside, the studio features a single bedroom and a full bathroom, together with a well-organised main living area. The fully exterior aspect ensures that natural daylight is a constant throughout the day, creating an atmosphere that feels more spacious than the square metres alone might suggest. The third-floor position adds a sense of privacy and elevation that ground-floor properties in the area simply cannot offer.
Whether you are looking for a low-maintenance holiday base 340 metres from the sea, a first step onto the Costa Blanca property ladder, or a compact rental investment in a high-demand coastal town, this studio in Torrevieja deserves your attention. Contact Hansson & Hertzell to arrange a viewing.
Torrevieja is one of the most established international communities on the Costa Blanca, with a resident population of over 100,000 and a strong year-round tourism economy. The city sits between two salt lagoons — a unique natural setting that the World Health Organization once cited for its exceptionally clean air — and offers kilometres of Blue Flag beaches along its Mediterranean shoreline.
The Torrejón district is among the most central and well-connected parts of the city, within walking distance of the seafront promenade, the municipal market, supermarkets, restaurants, and the famous floating bridge of Torrevieja. Playa del Cura and Playa de los Locos are both easily reachable on foot, and the weekly market draws thousands of visitors every Friday.
Alicante-Elche International Airport is approximately 45 minutes by car, making Torrevieja one of the best-connected coastal towns in southern Spain for international buyers. The city has a large Scandinavian and Northern European expat community, well-developed healthcare infrastructure, and a cost of living that remains attractive compared to comparable Mediterranean destinations.
At €119,900 for 33m², this studio is priced at approximately €3,633/m² — above the Torrevieja area average of €1,850/m². That premium reflects the Torrejón district's central coastal location, the property's move-in condition, lift access, and proximity to the seafront. Buyers should weigh this pricing context carefully and contact us for a full market comparison.
Costa Blanca property prices have risen approximately 40% since 2020, with continued upward momentum forecast across well-located coastal areas. Holiday rentals in Torrevieja generate gross yields of 5–7%, with strong occupancy driven by Northern European visitors between April and October. A studio of this size and location can realistically achieve €500–€650/month during high season as a short-term holiday let, or €450–€550/month as a long-term rental. Total purchase costs for a resale property are approximately 12% on top of the purchase price (ITP 10% + notary, registry and legal fees ~2%).
For a resale property in Spain, buyers should budget approximately 12% on top of the purchase price. This covers ITP transfer tax (10%), plus notary, land registry, and solicitor fees (around 2%). On this property at €119,900, that represents roughly €14,400 in additional costs, bringing the total outlay to approximately €134,300.
The property sits approximately 340 metres from the Mediterranean coastline. Playa del Cura and Playa de los Locos are both reachable on foot within five to eight minutes, making this an excellent base for anyone who wants immediate beach access.
A well-located studio in Torrevieja can achieve €500–€650/month during the high season (June–September) as a short-term holiday let, and €450–€550/month on a long-term basis. Gross yields in the area typically range from 5–7%, driven by consistent demand from Northern European tourists and year-round residents.
Alicante-Elche International Airport is approximately 45 minutes from Torrevieja by car. Taxi transfers cost roughly €40–€55. ALSA operates regular coach services between the airport and Torrevieja, and private transfer services are widely available for groups or regular visitors.
Yes. Spanish banks offer mortgages to non-resident buyers, typically financing 60–70% of the purchase price. Current interest rates for non-residents range from approximately 3–4%, with loan terms of 15–25 years. You will need an NIE (Número de Identificación de Extranjero) before completing any purchase in Spain — your solicitor can arrange this.
Typical annual running costs for a studio or small apartment in Torrevieja include IBI property tax (€150–€300/year), community fees (€30–€60/month), utilities such as electricity and water (€60–€100/month), and building insurance (€150–€250/year). Total annual costs typically fall in the range of €2,000–€3,500 depending on usage and building charges.
The NIE (Número de Identificación de Extranjero) is a tax identification number issued to foreign nationals in Spain. It is a legal requirement for any property purchase, opening a Spanish bank account, signing utility contracts, or filing taxes. Your appointed solicitor or gestor can apply for it on your behalf, and the process typically takes two to four weeks.
Torrevieja has demonstrated consistent price growth over recent years, with Costa Blanca values rising approximately 40% since 2020. The city benefits from year-round demand, a large established expat community, strong summer rental occupancy, and continued infrastructure investment by the Alicante regional government. Its position between two natural salt lagoons, combined with Blue Flag beaches and a well-developed services sector, makes it one of the most resilient property markets on the Costa Blanca.
Contact Hansson & Hertzell:
Phone: 0034 634 044 970
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