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2-Bedroom Bungalow in Los Balcones, Torrevieja

Los Balcones, Torrevieja · AlicanteListed Mar 2026

2 Bed1 Bath65 m²Energy: Exempt

Description

This south-facing top-floor bungalow in Los Balcones covers 65 m2 of living space across two bedrooms and one bathroom. The open-plan kitchen connects to a bright living-dining area that receives natural light throughout the day. A private terrace off the main living area leads to an enclosed balcony for morning coffee or evening meals outdoors.Los Balcones sits in the southern part of Torrevieja, with bars, restaurants, supermarkets, and pharmacies within walking distance. The residential complex includes a communal swimming pool shared among neighbours. Alicante-Elche Airport is approximately 50 km away, around 45 to 55 minutes by car.At EUR 132,000, the price per square metre comes to approximately EUR 2,031. Quarterly community fees are EUR 90 and annual IBI tax is EUR 92. The property is sold furnished and equipped with appliances. A private solarium on the roof adds extra outdoor space for year-round use. The energy certificate is exempt.

Property Details

Property TypeBungalow
Bedrooms2
Bathrooms1
Built Area65 m²
Energy CertificateRating Exempt
ReferenceOH02189

Features & Amenities

Outdoor & Pool
  • Terrace
  • Balcony
  • Solarium
  • Communal pool
Other Features
  • South-facing
  • Furnished
  • Open-plan kitchen

Distances & Nearby

🛒
supermarket
5 min walk
✈️
airport
35 min (Alicante-Elche ALC)

Location

Los Balcones, Torrevieja · 37.9513, -0.7148


Energy Performance Certificate

Every property for sale in Spain requires an official Certificado de Eficiencia Energética. The rating reflects estimated energy consumption per m² per year.

A
B
C
D
E
F
G

Energy ratings are based on the official Spanish energy certificate. Actual costs depend on usage, occupancy and energy provider. Properties rated D or below may benefit significantly from insulation and system upgrades.


Estimated Buying Costs

Approximate costs for a resale property in Valencian Community.

Transfer Tax (ITP 10%)€13,200
Notary Fees~€700
Land Registry~€450
Legal Fees (1% + VAT)~€1,597
Community Fees (monthly)€65/mo
IBI Property Tax (annual)€200/yr
Est. Total Purchase Costs~€15,947 (12.1%)

Annual Running Costs

Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).

Community Fees

€65/mo

€780/year · covers pool, gardens, common areas

IBI Property Tax

€200/yr

€17/month · municipal property tax

Total fixed costs€980/year (€82/month)

Investment Snapshot

How this property compares to the local Torrevieja market.

Price per m²

€2,031

this property

Torrevieja Average

~€3,235

per m² (resale)

Difference

-37%

below average

Below area average — potential value buy

Market data is indicative. Actual values depend on exact location, condition and specification. Consult our team for a detailed market appraisal.


About Los Balcones, Torrevieja

Los Balcones is an elevated residential neighbourhood in southern Torrevieja, well known for its international community and relaxed atmosphere. The area enjoys elevated views towards the Torrevieja salt lakes and is a short drive from both La Zenia Boulevard — one of the region's premier shopping destinations — and the blue-flag beaches of Orihuela Costa. With a good selection of local bars, restaurants, and shops, Los Balcones offers a self-contained lifestyle while keeping the wider Costa Blanca easily accessible.


Frequently Asked Questions

What are the total purchase costs for this bungalow in Los Balcones?
On a purchase price of EUR 132,000, transfer tax (ITP) in the Valencian Community is 10%, which equals EUR 13,200. Add approximately EUR 800 for notary fees, EUR 500 for land registry, and 1% plus VAT for legal fees (around EUR 1,597). The estimated total purchase cost is approximately EUR 148,097.
Can I get a mortgage to buy this property?
Non-resident buyers can typically finance 60-70% of the property value. On a price of EUR 132,000, you would need a deposit of EUR 39,600 to EUR 52,800. Current variable mortgage rates in Spain range from 3.5% to 4.5%. Spanish banks will also require a property valuation before approval.
What are the annual running costs for this bungalow?
Annual IBI property tax is EUR 92. Community fees are EUR 90 per quarter, totalling EUR 360 per year. Utility costs for a 65 m2 property in Torrevieja typically run EUR 80-120 per month including electricity and water. Total annual fixed costs are approximately EUR 452 before utilities.
How can I arrange a viewing of this property?
Contact our agent Aino-Kaisa Lonka directly to schedule an in-person viewing at the property in Los Balcones. Video viewings are also available if you cannot visit in person. We can arrange viewings any day of the week with advance notice.
Is there rental demand for bungalows in Los Balcones?
Los Balcones is a popular residential area in southern Torrevieja with strong holiday rental demand during the summer months. Two-bedroom properties with communal pool access are particularly popular with couples and small families visiting the Costa Blanca.
What steps are involved in purchasing property in Spain?
First, you obtain an NIE (foreigner identification number). Then you sign a reservation contract with a deposit to take the property off the market. The next step is the arras contract, where you pay 10% of the price. Finally, completion takes place at a notary office where the escritura (title deed) is signed and the remaining balance is paid.

Price

€132,000€2,031/m²

Ref: OH02189

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
bungalow
Bedrooms
2
Bathrooms
1
Build Size
65
Energy Rating
Exempt