New Build 2-Bedroom Penthouse in Playas Del Torres, Villajoyosa
Playas del Torres, Villajoyosa · Alicante
2 Bed2 Bath244 m²Energy: G
Description
This 2-bedroom penthouse in Playas Del Torres occupies the top floor, with 244 m2 of interior space and 2 bathrooms. Playas Del Torres is a residential area within Villajoyosa. The nearest beach is The price of EUR 655,000 works out to EUR 2,684 per square metre. The energy rating is G. Parking is included. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax. Residents share a communal swimming pool. A private solarium offers open-air relaxation.
Features
Communal pool
Terrace
Solarium
Parking
Lift
Parking (2 spaces)
Jacuzzi
Gymnasium
Near golf
Property Details
Property Type
Penthouse
Bedrooms
2
Bathrooms
2
Built Area
244 m²
Floor
8 / 8
Energy Certificate
G
Reference
28003245-09
Distances & Nearby
🏖
beach
< 1 km
✈️
airport
35 min (Alicante-Elche ALC)
Location
Playas del Torres, Villajoyosa · 38.5187, -0.1992
About Playas del Torres, Villajoyosa
Playas del Torres is a rapidly developing coastal stretch between Villajoyosa and Benidorm, attracting new residential complexes with modern amenities and seafront positioning. The area benefits from a quieter atmosphere than Benidorm while being just minutes from its entertainment, and offers easy access to Villajoyosa's charming old town, renowned for its colourful waterfront houses and artisan chocolate tradition.
For this new build at EUR 655,000, you will pay 10% IVA (EUR 65,500), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 7,926. Total estimated costs come to approximately EUR 85,251.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 655,000, a 60% mortgage would be EUR 393,000, requiring a deposit of EUR 262,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 2074. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What are the running costs?
Annual running costs for this penthouse include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Villajoyosa; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
How can I arrange a viewing?
Contact Maya Kallio to arrange an in-person viewing of this penthouse in Playas Del Torres. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Is this a good rental investment?
Villajoyosa has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 2-bedroom penthouse in Playas Del Torres can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
What is the buying process in Spain?
The Spanish buying process starts with obtaining an NIE (foreigner identification number). After agreeing a price, you sign a reservation contract with a deposit (typically EUR 3,000-6,000). The next step is the arras contract, where you pay 10% of the price. Completion takes place at a notary, where the escritura (title deed) is signed and the balance paid. The whole process typically takes 6-10 weeks from reservation to completion.