New-Build Villa with Solarium in Los Balcones, Torrevieja
Los Balcones, Torrevieja · Alicante
3 Bed4 Bath319 m²400 m² plotEnergy: G
Description
A new-build detached villa in Los Balcones, Torrevieja, offering 319m2 of built space across a 400m2 plot with 3 bedrooms, 4 bathrooms and a private solarium. The villa sits at ground level and is sold under new-build regulations, with IVA applicable at 10%. The energy rating is G, which is typical of newly constructed properties at this stage of certification.Los Balcones is a well-established residential area of Torrevieja, positioned on higher ground to the south of the city centre. The neighbourhood connects directly to Avenida de los Balcones and is within a short drive of the N-332 coastal road, the Carrefour commercial area and the salt lakes of Torrevieja and La Mata. Alicante-Elche Airport (ALC) is approximately 35 minutes by car. Distances to the nearest beach, supermarket and golf courses are available on request from the agent. Los Balcones has a high concentration of detached villas and is popular with international buyers seeking more space than apartment living allows.The asking price of EUR 550,000 equates to approximately EUR 1,724 per m2 of built space. As a new-build property, IVA at 10% applies (EUR 55,000), along with stamp duty (AJD) of approximately 1.5%, notary fees of EUR 600 to 1,200 and land registry fees of EUR 400 to 800. Legal fees typically add a further 1% plus VAT. There are no community fees recorded for this property. IBI has not yet been assigned and will be confirmed once the property is registered with the local catastro.The 400m2 plot provides outdoor space for landscaping, with the solarium offering an open-air area at roof level. The plot size allows for a private garden and parking, subject to the final specification confirmed by the developer. Buyers should verify exact outdoor layouts and finishes directly with the agent.
Features
- New build
- Detached villa
- 3 bedrooms
- 4 bathrooms
- 319m2 build
- 400m2 plot
- Solarium
- Ground floor
- No community fees
- Private garden
- Air conditioning
- Parking
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 4 |
| Built Area | 319 m² |
| Plot Size | 400 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 87172294-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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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 purchase taxes and costs apply to this villa?
As a new-build property, IVA at 10% applies rather than ITP, which amounts to EUR 55,000 on the EUR 550,000 asking price. You will also pay stamp duty (AJD) of approximately 1.5% (around EUR 8,250), notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800 and legal fees of roughly 1% plus VAT (around EUR 6,600 including VAT). Total acquisition costs are typically 13 to 15% on top of the purchase price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can generally obtain a Spanish mortgage on a property of this value, though most lenders require a deposit of 30 to 40% of the purchase price. On EUR 550,000, that means having EUR 165,000 to EUR 220,000 available, plus purchase costs. Variable and fixed rates currently range from approximately 3.5% to 4.5%. We can refer you to specialist mortgage brokers with experience in the Torrevieja market.
What are the ongoing running costs for this villa?
No community fees are recorded for this property. The annual IBI (council tax) has not yet been assigned, as the property is a new build and will be registered with the catastro on completion. Waste collection (basura) charges are also not yet confirmed. We recommend budgeting for utility connection fees and requesting updated cost estimates from the developer before exchange.
Can I view this villa remotely before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to travel to Los Balcones immediately. A member of our team can walk through the property or development with you via a live video call, and we can also provide additional photos or developer materials on request. In-person viewings can be arranged once you are ready to visit Torrevieja.
Is this villa suitable as a rental investment?
Los Balcones is located within the municipality of Torrevieja, which is a designated tourist area in the Valencia region. New-build villas of this size can be suitable for holiday letting, subject to obtaining a tourist licence from the Generalitat Valenciana. Rental demand in Torrevieja is primarily seasonal, strongest from June to September. We recommend speaking with a local letting agent for current market rates before making any income projections.
What are the main steps in buying this property?
You will first need a Spanish tax identification number (NIE), which can be obtained at a consulate or in Spain. Once you have agreed terms, a reservation fee (typically EUR 3,000 to 6,000) secures the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point 10% of the purchase price is usually paid. On completion, the balance is paid before a notary, who registers the title deed. We strongly recommend appointing an independent Spanish solicitor throughout the process.
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
- villa
- Bedrooms
- 3
- Bathrooms
- 4
- Build Size
- 319 m²
- Plot Size
- 400 m²
- Energy Rating
- G
