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About La Siesta
La Siesta is a residential urbanisation south of Torrevieja, next to the salt lagoon and a short distance from the centre. It is a quiet, well-established area with good value for money.
Buying property in La Siesta
Bungalows, quads and apartments in urbanisations with a pool dominate, ideal for year-round living or a first purchase in Torrevieja. Tell us your budget and we will show you what is available in La Siesta.
Frequently asked questions about buying in La Siesta
How much does a property cost in La Siesta?
Prices in La Siesta 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 Siesta?
Yes. The NIE (Foreigner Identification Number) is mandatory for any property purchase in Spain, including La Siesta. 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 Siesta?
In the Valencia region (where La Siesta 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 Siesta?
Yes. Spanish banks offer mortgages to non-residents buying in La Siesta, 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 Siesta?
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.