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New-Build 2-Bedroom Townhouse in Los Balcones, Torrevieja

Los Balcones, Torrevieja · Alicante

2 Bed2 Bath225 m²206 m² plotEnergy: G

Description

A new-build townhouse in Los Balcones, Torrevieja, this property delivers 225m2 of built space across a 206m2 plot, with 2 bedrooms and 2 bathrooms. The development includes a communal pool and a private solarium, and the ground-floor position provides direct access to outdoor areas. The price works out at approximately EUR 1,467 per m2, which is competitive for new-build stock in this part of Torrevieja.Los Balcones is a low-density residential area on the southern edge of Torrevieja, popular with both Spanish and international buyers. The neighbourhood sits close to the N-332 road, giving straightforward access to Torrevieja town centre and to Orihuela Costa to the north. Alicante-Elche Airport (ALC) is approximately 35 minutes by car. Local amenities including supermarkets, pharmacies and restaurants are within a short drive along Avenida de los Balcones.As a new-build property, purchase tax applies at IVA 10% rather than ITP, which at EUR 330,000 amounts to EUR 33,000. Notary fees are typically EUR 600 to EUR 1,200 and land registry fees EUR 400 to EUR 800. Legal fees are generally around 1% plus VAT of the purchase price. No community fees are currently registered. IBI has not yet been assessed for this new-build. The energy rating is G. Los Balcones attracts rental interest from summer visitors, given its proximity to the Torrevieja coastline.The 206m2 plot provides outdoor space in addition to the solarium. The communal pool is shared with the development. Ground-floor access and the plot size make this a practical option for buyers seeking outdoor space without the maintenance demands of a larger garden property.

Features

  • New build
  • Communal pool
  • Solarium
  • 2 bedrooms
  • 2 bathrooms
  • Ground floor
  • Private plot
  • Air conditioning
  • Double glazing
  • Off-road parking

Property Details

Property TypeTownhouse
Bedrooms2
Bathrooms2
Built Area225 m²
Plot Size206 m²
Floor0
Energy CertificateG
Reference99945618-01

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Los Balcones, Torrevieja · 37.9575, -0.7173


About Los Balcones, Torrevieja

Torrevieja is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What are the purchase costs on top of the EUR 330,000 asking price?
As this is a new-build property, you pay IVA at 10% instead of transfer tax (ITP), which equals EUR 33,000. Notary fees typically run EUR 600 to EUR 1,200, land registry fees EUR 400 to EUR 800, and independent legal representation usually costs around 1% of the purchase price plus VAT, so approximately EUR 3,630 including VAT. In total, budget for around EUR 38,000 to EUR 39,000 in buying costs on top of the price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend non-residents up to 60-70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30-40% is usually required. On EUR 330,000 that equates to roughly EUR 99,000 to EUR 132,000. Variable and fixed mortgage rates in Spain currently range from approximately 3.5% to 4.5% annually. We can refer you to a Spanish mortgage broker if needed.
What are the ongoing running costs for this property?
Community fees are currently registered at EUR 0. The IBI (council tax) has not yet been assessed, as this is a new-build, but once the property is registered it will be set by Torrevieja town hall based on the cadastral value. Utility connection costs and the basura (waste collection) charge have not yet been confirmed. We recommend budgeting conservatively until these figures are formalised.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call at a time convenient to you. For new-build properties we can also walk you through CGIs, floor plans and any show unit. In-person viewings in Los Balcones can be arranged 7 days a week with advance notice.
Is this property suitable for short-term rental?
Los Balcones is in the Torrevieja municipality, which is a tourist area with demand for summer rentals from June to September. To let legally on a short-term basis in the Valencian Community you need a tourist rental licence (Vivienda de Uso Turístico). We recommend consulting a local lawyer before purchasing with rental income in mind, as Torrevieja town hall applies specific zoning and licensing rules.
What steps are involved in buying this property?
First, you obtain a Spanish tax identification number (NIE), which is required to complete any Spanish property purchase. Once you have agreed the price, a reservation contract is signed and a holding deposit, typically EUR 3,000 to EUR 6,000, is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato privado) where usually 10% of the price is paid. Finally, the sale is completed before a notary, at which point the remaining balance and all taxes and fees are settled. The full process typically takes 4 to 12 weeks for new-builds depending on the build stage.

Price

€330,000€1,467/m²

Ref: 99945618-01

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

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Key Details

Type
townhouse
Bedrooms
2
Bathrooms
2
Build Size
225
Plot Size
206
Energy Rating
G