Renovation Opportunity: Spacious 3-Bed Penthouse in Torrevieja
€145,000
€3,222/m²
- 3
- Bedrooms
- 1
- Bathroom
- 45 m²
- Interior
- 80 m²
- Plot
- Penthouse
- Type
- 22 Aug 2026
- Listed
The Habio take
This expansive penthouse offers a unique renovation opportunity in the heart of Torrevieja, famous for its coastal charm. With a generous layout and a private solarium, you can create a bespoke home within walking distance of essential amenities and attractions.
- beach
- investment
- renovation
- city
Highlights
- Renovation potential for bespoke three-bedroom home
- Private solarium with sea views
- Central location close to amenities
- Spacious layout with large terrace
- Community façade renovation approved
Worth knowing
- Requires complete renovation
- No lift mentioned
Good fit for: Ideal for renovators and investors looking for a project in a vibrant coastal community.
Lifestyle scores
- Beach
- 70
- Walkable
- 80
- Remote work
- 60
- Family
- 50
- Retirement
- 65
- Airport access
- 55
- Investment
- 70
- Luxury
- 40
- Value
- 75
About this place
Located on the top floor of the building, this versatile penthouse presents an exciting opportunity for renovation and transformation into a bespoke home. Originally configured as a 1-bedroom, 1-bathroom property, it enjoys a corner position, spacious layout, and an exceptionally large glazed terrace, offering the possibility to redesign the current space and unlock its full potential as a 3-bedroom property, pending the relevant permissions and regulations.
One of the standout features is the private solarium, ideal for creating a beautiful chill-out area where you can relax, entertain, and enjoy glimpses of the sea. The property requires a complete renovation, making it perfect for buyers looking for a project to personalise or for investors aiming to add value. Furthermore, the community has approved a façade renovation for the entire building, expected to enhance both aesthetics and long-term value.
With its central location, you’ll find shops, restaurants, cafés, supermarkets, and other services all within easy walking distance, while coastal attractions are conveniently accessible. This property combines space, location, and enormous potential — making it perfect for investors, renovators, or anyone wanting to create a unique penthouse in Torrevieja.
Where you’ll be
Torrevieja, Alicante, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
