South-Facing 3-Bedroom Villa in La Siesta, Torrevieja
La Siesta, Torrevieja · AlicanteListed May 2026
3 Bed2 Bath97 m²Built 1988Energy: G
Description
Built in 1988, this detached 3-bedroom villa in La Siesta covers 97m2 of built space on a ground-floor, single-storey layout. The south-facing orientation means the property receives direct sunlight throughout most of the day. There are 2 bathrooms, air conditioning, and a private outdoor space to the exterior. Alicante-Elche Airport is approximately 35 minutes away by car.La Siesta is a low-density residential neighbourhood in the northern part of Torrevieja, popular with both Spanish families and northern European residents. The area sits close to Avenida de la Libertad and within a few minutes' drive of Torrevieja's city centre, where the weekly Monday market at Paseo Vista Alegre attracts buyers from across the municipality. Local convenience stores and the larger supermarkets along N-332 are readily accessible from La Siesta.At EUR 199,000, the price per m2 works out at approximately EUR 2,051. There are no community fees payable. IBI figures were not provided by the vendor and should be confirmed with the local Ayuntamiento. The property carries an energy rating of G, which is typical for resale villas of this age in the Valencia region. Transfer tax (ITP) in Alicante province is 10% of the purchase price, adding approximately EUR 19,900 in tax alone.The villa includes a private outdoor area suitable for seating and planting. As a freehold, detached property with no shared facilities, all exterior maintenance falls solely to the owner. Mains water and electricity are connected.
Property Details
Property Type
Villa
Bedrooms
3
Bathrooms
2
Built Area
97 m²
Floor
0
Year Built
Built 1988 (38 years)
Orientation
South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate
Rating G
Reference
OH02264
Features & Amenities
Climate & Comfort
Air conditioning
Outdoor & Pool
Private outdoor space
Interior
Ground-floor layout
Other Features
Detached villa
South-facing orientation
3 bedrooms
2 bathrooms
97m2 build
No community fees
Mains water and electricity
Freehold ownership
Built in 1988
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
La Siesta, Torrevieja · 38.0179, -0.6952
Energy Performance Certificate
Every property for sale in Spain requires an official Certificado de Eficiencia Energética. The rating reflects estimated energy consumption per m² per year.
A
< 29kWh/m²
B
29 – 49kWh/m²
C
50 – 79kWh/m²
D
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
GThis property
> 240kWh/m²
Rating
G
Very Poor
Consumption
> 240
kWh/m² per year
Est. Annual Cost
> €2,030
energy bills/year
How to improve the energy rating
Installing double-glazed windows
Adding wall and roof insulation
Upgrading to an efficient air-conditioning / heating system
Energy ratings are based on the official Spanish energy certificate. Actual costs depend on usage, occupancy and energy provider. Properties rated D or below may benefit significantly from insulation and system upgrades.
Estimated Buying Costs
Approximate costs for a resale property in Valencian Community.
Transfer Tax (ITP 10%)
€19,900
Notary Fees
~€700
Land Registry
~€450
Legal Fees (1% + VAT)
~€2,408
Est. Total Purchase Costs
~€23,458 (11.8%)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,052
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+24%
above average
Above area average — reflects premium features or location
Market data is indicative. Actual values depend on exact location, condition and specification. Consult our team for a detailed market appraisal.
About La Siesta, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
What are the purchase costs on top of the EUR 199,000 asking price?
As a resale property in Alicante province, you pay ITP (transfer tax) at 10%, which is EUR 19,900 on this price. Add notary fees of roughly EUR 600–1,200, land registry fees of EUR 400–800, and solicitor fees of approximately 1% plus VAT (around EUR 2,000–2,500). Total purchase costs are typically 12–13% on top of the sale price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower. On EUR 199,000 that means a deposit of around EUR 60,000–80,000. Current variable and fixed rates are broadly in the 3.5–4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs?
There are no community fees on this property. IBI (council tax) figures were not supplied by the vendor; the estimated annual IBI for a villa of this size and age in La Siesta is typically EUR 300–600, but you should request the exact figure from Torrevieja's Ayuntamiento before exchange. Refuse collection (basura) charges were also not provided.
Can I view the property remotely before travelling to Spain?
Yes. We can arrange a live video viewing via WhatsApp or video call at a time that suits you, giving you a guided walkthrough of all rooms and the outdoor space. In-person viewings in La Siesta can be booked directly through OceanHome.
Does La Siesta have rental potential?
Torrevieja is classified as a tourist municipality, so short-term holiday lets are permitted subject to obtaining a tourist licence from the Generalitat Valenciana. La Siesta attracts longer-term seasonal rentals from European visitors, particularly in spring and summer. Speak to our lettings team for current demand data in this neighbourhood.
How does the purchase process work in Spain?
First, you obtain an NIE (foreigner identification number), which is required for any property purchase in Spain. Once you agree a price, a reservation deposit (typically EUR 3,000–6,000) takes the property off the market. This is followed by a private purchase contract (arras), where usually 10% of the price is paid and the completion date is set. Finally, both parties sign before a notary, at which point the balance and all taxes are paid and the keys are handed over.