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Flat 114 м² in Torrevieja, Spain

223 856 $

1 963 $ /м²

4OaoP
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Area

114 м2

Bedrooms

3

Bathrooms

2

Apartment in Valencia and Murcia. City - Torrevieja

Beautiful apartment in a residential area of El Palmeral. The apartment is on the top floor and has 3 bedrooms and 2 bathrooms. Separate kitchen and spacious living room with access to a fantastic terrace overlooking the sea and the large green areas of this beautiful urbanization. The accommodation is in very good condition and you can move in immediately. There is also a large garage space in the basement and a storage room. The residential area of El Palmeral is one of the most prestigious urbanizations in Torrevieja, with lots of green areas and palm trees, hence the name Palmeral. Large swimming pool with private bar open in the summer and a sports area with two tennis courts. Located on the promenade of Los Locos beach, you will find all kinds of services here and there is a bus stop right at the entrance. Very good rental potential. Do you like a sunny day? Then Torrevieja is where you want to live because there are over 320 days of sunshine a year! The local beaches are regularly awarded the highest Blue Flag label! The beach season lasts more than eight months of the year. If your health is important to you, you will appreciate the microclimate that is truly unique to Torrevieja, thanks to the healing properties of the famous salt lake in Torrevieja. Torrevieja has a lot to offer: new and great sports stadiums, parks for swimming, playgrounds for children, many great restaurants and nightclubs for every taste. So, Torrevieja is the place for you! Close to the beach. Kitchen appliances.

Additional details

Property type

Residential Properties

Object type

Flat

Price

223 856 $

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Torrevieja; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Torrevieja short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (223 856 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Torrevieja: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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