TWO-STORY HOUSE IN THE CENTER OF TORREVIEJA, COMPLETELY RENOVATED

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Channel Group Inmobiliarias - Elche 966 673 250

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299.000 €

Reduced Price 359.000 € - 17 %

* Taxes not included in the price

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Exclusive Investment Opportunity in the Heart of Torrevieja – Renovated Property with Horizontal Division Project in Process

In the very heart of Torrevieja, just 500 meters from the sea and surrounded by all the amenities needed for daily life, lies this exceptional property that stands out not only for its prime location but also for the enormous profitability potential it offers. A rare opportunity in today's market, especially for investors seeking an asset ready for tourist or residential development.

Located in one of the city's most sought-after and desirable areas, this property enjoys a strategic position with easy walking access to beaches, the promenade, supermarkets, restaurants, cafes, shops, medical centers, and all kinds of services. This area attracts both national and international residents year-round, making it a sound investment for those seeking a promising future.

The property is distributed over two floors plus a spacious private solarium and has been completely renovated to optimize its functionality and adapt it to a highly profitable development model. Currently, the property boasts four double bedrooms, evenly distributed with two bedrooms on each floor, offering comfortable, bright, and perfectly appointed spaces.

Each level also features a full bathroom, providing independence and convenience for both family use and future guests or tenants. The recent renovation has modernized the property, making it ready for immediate occupancy without the need for further investment.

However, the true distinguishing feature of this property lies in the ongoing administrative process. The property is currently undergoing horizontal division, a project that will legally separate the house into two independent units, significantly increasing its potential for development and profitability.

This characteristic makes the property an extraordinary opportunity to develop a tourism business, as it will provide two distinct residences in one of Torrevieja's most sought-after locations. Once the process is complete, the owner will be able to manage both units independently, using them for vacation rentals, long-term rentals, or even selling them separately, considerably increasing the overall value of the investment.

The property also boasts a spacious private solarium, a versatile space currently equipped with a gym area, ideal for those who value wellness and physical activity without leaving home. This outdoor space offers multiple possibilities, and can also be transformed into a chill-out zone, leisure area, or terrace to enjoy the excellent Mediterranean climate year-round.

The combination of a central location, a recent complete renovation, a perfectly adapted layout, and the potential for future horizontal division makes this property one of the most attractive opportunities currently available on the local real estate market.

Whether for an investor seeking to maximize profitability through holiday rentals, for someone wishing to generate income with two independent apartments, or for those looking for a property with significant appreciation potential, this house has all the necessary ingredients to become a successful investment.

A unique opportunity in the heart of Torrevieja, where location, renovation, and business potential come together to offer a real estate project with extraordinary potential and high future profitability.

**In compliance with the information obligations established by Law 10/2025 of 28 December on customer service and transparency, as well as the applicable sector-specific regulations currently in force, it is hereby stated that the indicated sale price does not include the expenses and taxes inherent to the acquisition of the property, which shall be borne by the purchasing party and are detailed below:**

# TAXES PAYABLE ON RESIDENTIAL PROPERTIES

## First transfer (new build properties)

### Value Added Tax (VAT)

**10% (General Rate):**
Applicable to the vast majority of newly built residential properties, including up to a maximum of two parking spaces and any annexes transferred together with the property within the same building.

**4% (Reduced Rate):**
Applicable exclusively to Officially Protected Housing (VPO – *Viviendas de Protección Oficial*) under a special regime or publicly promoted housing programmes.

Further information:

https://sede.agenciatributaria.gob.es/Sede/iva/iva-operaciones-inmobiliarias/compro-vivienda-tengo-que-pagar-itp.html

### Stamp Duty / Tax on Documented Legal Acts (IAJD)

**1.4% (General Rate):**
This is the standard rate applicable to public deeds of sale and purchase of newly built properties subject to VAT.

**0.1% (Super-reduced Rate):**
Special tax benefit applicable when the newly built property is intended to be the purchaser’s first habitual residence.

The current applicable rates, including the latest tax updates introduced by the Generalitat Valenciana, are detailed at:

https://hisenda.gva.es/es/web/tributos/beneficis-fiscals-2026

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## Second transfer (resales / second-hand properties)

### Property Transfer Tax (ITP – *Impuesto sobre Transmisiones Patrimoniales*)

The applicable tax rate in the Autonomous Community of Valencia shall be **9%** (generally), without prejudice to reduced rates of **8%, 6%, 4% or 3%** that may apply depending on the purchaser’s personal circumstances or the characteristics of the property.

The tax is assessed on the **Cadastral Reference Value (Valor de Referencia del Catastro)** or the sale price, whichever is higher.

For comprehensive information regarding the operation, tax rates and tax benefits applicable to ITP in the Valencian Community, please consult the official website of the Valencian Tax Agency at:

https://atv.gva.es/es/itpajd

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# TAXES PAYABLE ON COMMERCIAL PREMISES, INDUSTRIAL UNITS AND OFFICES

## First transfer (new build) of commercial premises, industrial units or offices

When the seller is the developer, builder or a business entity carrying out the first transfer, the transaction is subject to:

* **VAT at 21%**
(If the purchaser is a business/professional entity entitled to VAT deduction, the VAT paid may be recovered.)

* **Stamp Duty / Tax on Documented Legal Acts (AJD) at 1.4%**

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## Second transfer of used commercial premises, industrial units or offices

When the transaction is not subject to VAT, the purchase is subject to:

### Property Transfer Tax (ITP)

* **9%** on the taxable base up to **€1,000,000**
* **11%** on the amount exceeding **€1,000,000**

---

## Second transfer between businesses with waiver of VAT exemption

This remains one of the most common transactions involving industrial units, office buildings and commercial premises acquired as investments.

Where the waiver of VAT exemption applies, the transaction is subject to:

* **VAT at 21%**
* **Stamp Duty / AJD at 1.4%**

If the purchaser is a business entity entitled to VAT deduction, the VAT paid may be recovered.

---

# COMMON EXPENSES APPLICABLE TO RESALES, NEW BUILD RESIDENTIAL SALES AND SALES OF COMMERCIAL PREMISES, INDUSTRIAL UNITS AND OFFICES

### • Notary Fees

Notarial fees shall be calculated in accordance with the official tariff regulated in Annex I of Royal Decree 1426/1989 of 17 November, approving the Notarial Fee Schedule.

### • Land Registry Fees

Registration of the property transfer at the Land Registry shall be invoiced according to the official tariff established in Annex I of Royal Decree 1427/1989 of 17 November.

### • Administrative Management Fees (Gestoría)

Fees for administrative processing, tax settlement and registration at the Land Registry amount to approximately **€423.50 (VAT included).**

### • Estate Agency Fees

Included in the advertised sale price (PVP) and paid by the seller.

### • Buyer’s Estate Agency Fees

Please be advised that, in certain cases, professional fees may be payable by the purchaser where they have contracted property acquisition services (**PSI – Personal Shopper Inmobiliario**).

**These fees are not linked to the purchase price of the property and are not included in it.**

Property Features

Reference DR-C04025
Type of Operation For sale
Type of property House
Zone / City Centro / Torrevieja
Built Surface 121 m²
Condition Refurbished
Bedrooms 4
Bathrooms 2
Year built 1974
Orientation South
Exterior type External
Kitchen type Independent - Equipped
Interior Carpentry Wood
Exterior Carpentry Aluminum / Climalit
Type of Floor Stoneware
Views Clear view
Distance to the sea 500 Metres
Tax 360.01€
Regime Libre

Balcony
Playground
Phone Line
Solarium
Terrace
Wardrobes
Furniture
Light
Water
Laundry
Tv
Exterior
Cold Heat Pump
Bright
Clear Views
Trees
Hospitals
Buses
Shopping Centers
Playground
Schools
Supermarkets

Energy Efficiency Rating

Pending	Energy Consumption kWh/m² Year	Consumer Kg CO2/m2 Year

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