Single-Storey 3-Bedroom Villa in Los Balcones, Torrevieja
Los Balcones, Torrevieja · AlicanteListed Oct 2025 · Updated 25 Aug 2026
3 Bed2 Bath90 m²713 m² plotBuilt 1981Energy: G
Description
Built in 1981, this detached single-storey villa in Los Balcones occupies a 713 m2 plot and offers 90 m2 of internal living space across 3 bedrooms and 2 bathrooms. The west-facing garden receives afternoon sun throughout the year. A 32 m2 garage provides secure parking and additional storage, and a separate storage room adds further practical space. The property has no community fees.Los Balcones is a low-density residential area of Torrevieja, positioned on elevated ground south of the town centre. Day-to-day amenities including supermarkets are within a 5-minute drive. Alicante-Elche Airport (ALC) is approximately 35 minutes away by car. The neighbourhood is characterised by detached and semi-detached villas on generous plots, giving Los Balcones a quieter, more spacious feel than central Torrevieja.Annual IBI is €539. Community fees are nil. The property holds an energy rating of G, which is typical for Spanish villas of this era and often addressed through air conditioning and insulation improvements. The villa has hot and cold air conditioning already installed, along with a fireplace for winter use. Torrevieja's established rental market means properties in Los Balcones attract interest from both long-term and short-stay tenants.The 713 m2 plot includes a covered porch with a built-in barbecue, a patio area beside the house, a terrace at the front, and a large garden with mature planting. The boundary is walled, with a gated entrance and a driveway leading to the garage. The garden runs to the rear and both sides of the property, providing space for outdoor entertaining or further landscaping.
Property Details
Property Type
Villa
Bedrooms
3
Bathrooms
2
Built Area
90 m²
Plot Size
713 m²
Floor
0
Year Built
Built 1981 (45 years)
Orientation
West-facing— Warm afternoon and sunset light
Energy Certificate
Rating G
Reference
OH02045
Features & Amenities
Climate & Comfort
Air conditioning (hot and cold)
Fireplace
Outdoor & Pool
Garden
Terrace
Patio
Barbecue
Storage & Parking
Built-in wardrobes
Storage room
Other Features
Covered porch
Garage (32 m2)
Single storey
No community fees
West-facing orientation
Distances & Nearby
🛒
supermarket
5 min drive
✈️
airport
35 min (Alicante-Elche ALC)
Location
Los Balcones, Torrevieja · 37.9585, -0.7335
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
< 29kWh/m²
B
29 – 49kWh/m²
C
50 – 79kWh/m²
D
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
GThis property
> 240kWh/m²
Rating
G
Very Poor
Consumption
> 240
kWh/m² per year
Est. Annual Cost
> €2,030
energy bills/year
How to improve the energy rating
Installing double-glazed windows
Adding wall and roof insulation
Upgrading to an efficient air-conditioning / heating system
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%)
€32,000
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€3,872
IBI Property Tax (annual)
€539/yr
Est. Total Purchase Costs
~€37,472 (11.7%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
IBI Property Tax
€539/yr
€45/month · municipal property tax
Total fixed costs€539/year (€45/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€3,556
this property
Torrevieja Average
~€3,235
per m² (resale)
Difference
+10%
above average
Above area average — reflects premium features or location
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
Torrevieja is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
As a resale property in the Valencian Community, this purchase carries ITP transfer tax at 9% of the purchase price, rising to 11% on the entire value above €1,000,000. Note that tax is charged on the higher of the price paid and the property's official reference value, so treat any figure based on the asking price as a minimum. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet the Valencian Community's conditions — for example, age, large-family or disability status, or buying a primary residence — and are worth checking before you finalise your budget.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is usually required. Current variable and fixed rates broadly range from 3.5% to 4.5% depending on the lender and your financial profile. We can introduce you to independent mortgage brokers experienced with international buyers.
What are the ongoing running costs?
The annual IBI (council tax) for this property is €539. There are no community fees. Utility costs — electricity, water and internet — will vary with usage, but budgeting around EUR 150–250 per month is a reasonable starting point for a villa of this size. The energy rating is G, so heating and cooling costs may be higher than a more recently built or insulated property.
Can I view this property remotely before travelling?
Yes. We offer video viewings by appointment, either as a live guided walk-through via video call or as a recorded tour sent in advance. We recommend a physical visit before exchanging any contracts, but a remote viewing is a practical first step if you are based outside Spain.
What is the rental potential in Los Balcones, Torrevieja?
Torrevieja is a recognised tourist zone and Los Balcones attracts both long-term and seasonal rental demand. A detached villa with a private garden and garage on a 713 m2 plot is well suited to family holiday lets as well as annual rentals. A tourist rental licence is required for short-stay letting in the Valencian Community; we can advise on the application process. We do not quote invented yield percentages, but the area has a consistent track record of rental activity.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number for foreigners), which can be obtained at a Spanish consulate or in person in Spain. Once your offer is accepted, a reservation deposit (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by a private purchase contract (arras), under which a further deposit — usually 10% of the purchase price — is exchanged. The balance is paid at completion before a notary, who registers the deed. The full process typically takes 6–10 weeks from reservation to completion.
