New Build 3-Bedroom Penthouse in Playas Del Torres, Villajoyosa
Playas del Torres, Villajoyosa · Alicante
3 Bed2 Bath164 m²Energy: G
Description
A 3-bedroom penthouse in the Playas Del Torres area of Villajoyosa, listed at EUR 686,000 for 164 m2. Playas Del Torres is a residential area within Villajoyosa. The nearest beach is The price of EUR 686,000 works out to EUR 4,183 per square metre. The energy rating is G. 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
Near beach
Terrace
Solarium
Lift
Jacuzzi
Gymnasium
Air conditioning
Built-in wardrobes
Garden
Gym
Sea views
Property Details
Property Type
Penthouse
Bedrooms
3
Bathrooms
2
Built Area
164 m²
Floor
8 / 8
Energy Certificate
G
Reference
18247232-01
Distances & Nearby
🏖
beach
< 1 km
✈️
airport
35 min (Alicante-Elche ALC)
Location
Playas del Torres, Villajoyosa · 38.5175, -0.2001
About Playas del Torres, Villajoyosa
Playas del Torres is a modern beachfront district situated between the charming town of Villajoyosa and the resort city of Benidorm. The area is gaining popularity for its contemporary new-build developments that offer sea views and direct beach access without the density of central Benidorm. Villajoyosa's famous colourful houses, chocolate museum and authentic fishing heritage are just minutes away, providing a genuine Mediterranean lifestyle alongside modern coastal conveniences.
For this new build at EUR 686,000, you will pay 10% IVA (EUR 68,600), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 8,301. Total estimated costs come to approximately EUR 89,191.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 686,000, a 60% mortgage would be EUR 411,600, requiring a deposit of EUR 274,400. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 2173. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What ongoing costs should I expect?
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 do I see this property?
Contact Marco Elsinger 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.
Can I rent this property out?
Villajoyosa has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-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 steps are involved in buying?
To buy in Spain, you first need an NIE (tax identification number for foreigners). The purchase begins with a reservation deposit, followed by a private contract (contrato de arras) with 10% down payment. A Spanish lawyer should review the property title, check for debts, and verify planning permissions. The sale completes at a notary office where the deed is signed and registered. Budget 6-10 weeks for the full process.