Built in 1997 and spanning 177m2 across three floors, this detached villa in Los Balcones, Torrevieja offers a private pool, a full basement and parking for two vehicles within a gated urbanisation. The north-south orientation carries natural light through the main living floors throughout the day. Three bedrooms and two bathrooms are distributed across the upper levels, with the ground floor providing a living room, one bedroom and bathroom. A fireplace sits in the first-floor living and dining area, which opens to an open-plan kitchen.Los Balcones is a residential district on the southern edge of Torrevieja, roughly 35 minutes from Alicante-Elche Airport (ALC). The area is served by a regular grid of local streets and sits close to the N-332 coastal road, which connects quickly to Orihuela Costa and Guardamar del Segura. Amenities including supermarkets and restaurants are found along the main commercial strips within the Los Balcones neighbourhood itself. The urbanisation setting adds a layer of security not found in open residential streets.Annual IBI is €400. Community fees for this property are currently nil. The energy rating is G. Los Balcones sits within a tourist-active corridor of Alicante province, and properties here are regularly let on short-term licences during the summer months, though any rental plans should be confirmed with a local licencing adviser.The private pool is accompanied by a garden and patio, with additional terrace access from the upper floor. A balcony provides a secondary outdoor space. The basement adds practical storage and utility capacity beyond the dedicated storage room and laundry room already included in the 177m2 build.
Property Details
Property Type
Villa
Bedrooms
3
Bathrooms
2
Built Area
177 m²
Floor
1
Year Built
Built 1997 (29 years)
Orientation
Norte Sur-facing
Energy Certificate
Rating G
Reference
OH02438
Features & Amenities
Climate & Comfort
Air conditioning
Fireplace
Outdoor & Pool
Private pool
Communal pool
Garden
Terrace
Balcony
Patio
Security & Access
Gated urbanisation
Storage & Parking
Basement
Built-in wardrobes
Laundry room
Storage room
Pantry
Parking (2 spaces)
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Los Balcones, Torrevieja · 37.9590, -0.7215
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%)
€78,000
Notary Fees
~€1,200
Land Registry
~€850
Legal Fees (1% + VAT)
~€9,438
IBI Property Tax (annual)
€400/yr
Est. Total Purchase Costs
~€89,488 (11.5%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
IBI Property Tax
€400/yr
€33/month · municipal property tax
Total fixed costs€400/year (€33/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€4,407
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+167%
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 purchase taxes and costs should I budget for?
As a resale 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. On top of ITP, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% plus VAT for legal representation. 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 — worth checking before you budget.
Can non-residents obtain a mortgage to purchase this villa?
Non-resident buyers can typically borrow up to 60–70% of the purchase price, meaning a deposit of around 30–40% is usually required. Current variable and fixed rates from Spanish lenders generally range between 3.5% and 4.5%, though your individual rate will depend on your financial profile and the lender. We recommend obtaining a mortgage agreement in principle before making an offer.
What are the ongoing running costs?
The annual IBI (council tax) is €400. Community fees are currently nil for this property. The basura (refuse collection) charge has not been confirmed for this listing, so ask the agent for the current figure. The energy certificate is rated G, so factor in higher utility costs relative to a newer or better-insulated property.
How can I arrange a viewing?
In-person viewings can be booked through our Torrevieja office at a time that suits you. If you are based outside Spain, we can arrange a live video viewing via WhatsApp or video call so you can walk through the property remotely before committing to travel.
Is this property suitable for holiday rental?
Los Balcones sits within Torrevieja's tourist-active zone, and detached villas with private pools in this area are regularly let on short-term licences during the summer season. You would need to obtain a tourist rental licence from the Valencian Community authorities. We can put you in touch with a local property manager who can advise on licence requirements and realistic occupancy rates for the area.
What are the main steps in the purchase process?
First, you will need a Spanish NIE number, which is your tax identification as a foreign buyer; this can be obtained at a Spanish consulate abroad or at a police station in Spain. Once your offer is accepted, a reservation contract is typically signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), usually accompanied by a further deposit of around 10% of the purchase price. The transaction is completed before a notary, at which point the balance is paid and the title deed signed. We recommend appointing an independent Spanish solicitor to carry out due-diligence checks before any contract is signed.