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About La Recoleta
La Recoleta is a modern urbanisation in Punta Prima, between Torrevieja and Orihuela Costa, very close to Punta Prima beach and shopping centres. It stands out for its large communal areas with pools.
Buying property in La Recoleta
Relatively recent apartments and bungalows dominate, with good rental demand thanks to the closeness to the sea. Tell us what you are after and we will show you what is available.
Frequently asked questions about buying in La Recoleta
How much does a property cost in La Recoleta?
Prices in La Recoleta vary depending on type, size and location. On the Costa Blanca apartments start from around €95,000 and luxury villas can exceed several million euros. Check our search engine for the current catalogue and updated prices.
Do I need an NIE to buy in La Recoleta?
Yes. The NIE (Foreigner Identification Number) is mandatory for any property purchase in Spain, including La Recoleta. Bennecke assists you with the full process, including obtaining the NIE if you need it.
What additional costs are there when buying property in La Recoleta?
In the Valencia region (where La Recoleta is located) the transfer tax (ITP) for resales is 10% of the declared price. Add 1-2% extra for notary, land registry and legal fees. For new builds VAT is 10% plus AJD stamp duty (~1.5%).
Can foreigners get a mortgage in La Recoleta?
Yes. Spanish banks offer mortgages to non-residents buying in La Recoleta, typically covering 60-70% of the appraisal value. You will need an NIE, proof of income from your home country and a down payment of 30-40%.
How long does the buying process take in La Recoleta?
From signing the reservation contract to the public deed usually takes 4 to 8 weeks. Bennecke handles all paperwork, notary scheduling and coordination with your bank if you finance the purchase with a mortgage.
Prefer personal advice? Talk to our estate agents in Torrevieja — local team since 1988, office in town.
