2016-Built 3-Bedroom Villa in Los Balcones, Torrevieja
Los Balcones, Torrevieja · AlicanteListed Jun 2026
3 Bed2 Bath111 m²171 m² plotBuilt 2016Energy: Exempt
Description
Built in 2016, this detached villa in Los Balcones sits on a 171m2 plot and offers 111m2 of built space across a single floor. The property has 3 bedrooms and 2 bathrooms, with private parking for 2 vehicles included. There are no community fees, which reduces ongoing ownership costs considerably. The energy certificate is currently exempt.Los Balcones is a residential district in the southern part of Torrevieja, bordered by Calle Lepanto and Avenida de los Balcones. The area has established supermarkets, pharmacies and local bars within a short drive. Torrevieja's Playa del Cura and Playa de los Locos are both accessible within the municipality, and Alicante-Elche Airport is approximately 35 minutes away by car. Los Balcones attracts a mix of permanent residents and holiday-home owners thanks to its quieter streets and proximity to the N-332.At EUR 264,900, the price per m2 of built space works out at approximately EUR 2,386. IBI figures are not currently confirmed, so buyers should request these from the agent prior to offer. As an established tourist area, the property has rental potential during the summer season, though income figures will depend on management arrangements and occupancy. ITP transfer tax in Alicante province is 10% of the purchase price.The outdoor space includes a garden, patio and terrace within the 171m2 plot. Private parking for 2 cars is provided within the plot boundaries. The ground-floor layout and outdoor areas make the property practical for year-round use.
Property Details
Property Type
Villa
Bedrooms
3
Bathrooms
2
Built Area
111 m²
Plot Size
171 m²
Floor
0
Year Built
10 years old
Energy Certificate
Rating Exempt
Reference
OH02272
Features & Amenities
Outdoor & Pool
Private garden
Patio
Terrace
Storage & Parking
Parking (2 spaces)
Other Features
Detached villa
No community fees
3 bedrooms
2 bathrooms
Single-storey layout
171m2 plot
Built 2016
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Los Balcones, Torrevieja · 37.9498, -0.7167
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
G
> 240kWh/m²
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%)
€26,490
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€3,205
Est. Total Purchase Costs
~€31,295 (11.8%)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€2,386
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+45%
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.
What are the purchase costs on top of the EUR 264,900 asking price?
As a resale property in Alicante province, ITP (transfer tax) applies at 10%, which equals EUR 26,490. Notary fees typically run EUR 600–1,200, land registry fees EUR 400–800, and legal fees around 1% of the purchase price plus VAT (approximately EUR 3,175 including VAT). Total purchase costs are typically 12–14% on top of the agreed price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, so a deposit of 30–40% is usually required. Based on EUR 264,900, that means around EUR 79,470–105,960 in equity. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5–4.5% range, though individual offers vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are EUR 0 per year, which is a notable saving compared with apartment ownership. IBI (council tax) figures are not confirmed in the current listing data, so we recommend requesting the most recent IBI receipt from the agent before submitting an offer. Basura (refuse collection) charges are also unconfirmed and should be verified with the local council.
Can I arrange a viewing remotely?
Yes. In addition to in-person visits, our agents can arrange a live video viewing at a time that suits you, allowing you to tour the property and ask questions in real time before travelling. Contact us to book either option.
What is the rental potential in Los Balcones?
Los Balcones sits within the Torrevieja municipality, which is a registered tourist zone on the Costa Blanca. Holiday lets are popular in the area, particularly between June and September. A tourist rental licence is required under Valencian Community regulations. Actual rental income will depend on occupancy rates, management costs and the condition and furnishing of the property. We recommend speaking to a local rental management company for realistic projections.
How does the purchase process work in Spain?
You will first need an NIE (Número de Identificación de Extranjero), which is your Spanish tax identification number. Once agreed, a reservation contract is signed and a small deposit (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by the arras contract, under which around 10% of the purchase price is exchanged. Completion takes place before a Spanish notary, at which point the remaining balance, taxes and fees are paid and the title deeds are signed over.