New-Build 3-Bedroom Villa in Los Balcones, Torrevieja
Los Balcones, Torrevieja · Alicante
3 Bed3 Bath229 m²400 m² plotEnergy: G
Description
This new-build villa in Los Balcones occupies a 400m2 plot and delivers 229m2 of built space across 3 bedrooms and 3 bathrooms. The property includes a solarium, giving rooftop outdoor space with open sky views. At EUR 750,000, the price per m2 of built space is approximately EUR 3,275. Construction is new build, with an energy rating of G.Los Balcones is a well-established residential district in the southern part of Torrevieja, positioned above the salt lagoons. The area sits roughly 35 minutes by road from Alicante-Elche Airport (ALC). Local amenities including supermarkets, bars, and restaurants line Calle Campoamor and the surrounding streets, while the sandy beaches of La Zenia and Playa de los Locos are within a short drive. Los Balcones has a strong year-round community, with a mix of permanent residents and holiday homeowners.Running costs include no community fees. IBI and refuse collection figures are not yet available and should be confirmed with the agent before exchange. As a new build in the province of Alicante, purchase tax is IVA at 10% rather than ITP, equating to EUR 75,000 on the asking price. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. Torrevieja is classified as a tourist area, and properties in Los Balcones attract consistent short-term rental interest from visitors to the Costa Blanca south.The 400m2 plot provides space for a garden and private outdoor areas alongside the solarium. Plot size and the rooftop terrace offer flexibility for landscaping or a private pool, subject to local planning permissions. Buyers should verify permitted works with the developer or a local architect before proceeding.
Features
- 3 bedrooms
- 3 bathrooms
- Solarium
- Private plot
- New build
- Air conditioning
- Parking
- Garden
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 229 m² |
| Plot Size | 400 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 30026123-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Los Balcones, Torrevieja · 37.9573, -0.7227
About Los Balcones, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase taxes and costs on this villa?
As this is a new build in the province of Alicante, VAT (IVA) applies at 10% instead of ITP transfer tax. On the asking price of EUR 750,000, that is EUR 75,000 in IVA. You should also budget for notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1% of the purchase price plus VAT. Total purchase costs typically fall between 12% and 14% on top of the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend up to 60 to 70% of the purchase price to non-residents, meaning a deposit of 30 to 40% is required. On EUR 750,000 that equates to a deposit of EUR 225,000 to EUR 300,000. Variable and fixed mortgage rates in Spain currently range from approximately 3.5% to 4.5%. We recommend speaking with a Spanish mortgage broker early in the process.
What are the ongoing running costs for this property?
Community fees for this villa are EUR 0 per year. IBI (annual property tax) and refuse collection (basura) figures are not yet available for this new build and should be confirmed directly with the developer or town hall. A solicitor can request these figures before you commit to a purchase.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who are unable to travel to Torrevieja. For those who can visit in person, we can arrange an accompanied viewing of the plot and any show home. Contact our team to schedule either option at a time that suits you.
What is the rental potential in Los Balcones, Torrevieja?
Torrevieja is an established tourist destination on the Costa Blanca south, and Los Balcones attracts both short-term summer rentals and longer winter lets from northern European visitors. A 3-bedroom villa with a solarium is a competitive product in the holiday rental market. You will need a tourist licence from the Comunitat Valenciana to let legally on a short-term basis. We recommend speaking with a local property manager for realistic occupancy and income estimates.
What is the purchase process for this property?
You will first need a Spanish NIE number, which is required for all property transactions and can be obtained at a Spanish consulate or locally with a solicitor's help. Once you are ready to proceed, a reservation fee is paid to take the property off the market, followed by a private purchase contract (arras) where typically 10% of the price is exchanged. The final balance is paid at completion before a notary, who registers the title in your name at the land registry.

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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- villa
- Bedrooms
- 3
- Bathrooms
- 3
- Build Size
- 229 m²
- Plot Size
- 400 m²
- Energy Rating
- G


