This south-facing detached villa in Los Balcones sits on an 800m2 plot and delivers 150m2 of built space across its main house, a self-contained separate apartment, and a full basement. Built in 1982, the property has 4 bedrooms and 3 bathrooms, with 2 dedicated parking spaces and a south-facing orientation that maximises natural light throughout the day. The main living area features a fireplace, and the layout includes a dedicated laundry room, pantry, and storage room.Los Balcones is a well-established residential area of Torrevieja, popular with both permanent residents and seasonal owners. The neighbourhood sits within easy reach of the N-332 coastal road and is approximately 35 minutes by car from Alicante-Elche Airport (ALC). Local amenities including supermarkets, pharmacies and restaurants are accessible within Los Balcones itself and in the adjoining areas of Los Altos and Torrevieja town centre.There are no community fees for this property. Annual IBI is EUR 582. The energy rating is G, which is typical for a 1982-built villa of this type. Torrevieja's established holiday rental market makes Los Balcones an area worth considering for buyers with a rental income objective, given the presence of the separate apartment as an independent unit.Outdoor space includes a private pool, solarium, terrace, balcony, patio, barbecue area and a landscaped garden across the 800m2 plot. The separate apartment adds flexibility for multi-generational use or independent letting. An alarm system is fitted throughout.
Property Details
Property Type
Villa
Bedrooms
4
Bathrooms
3
Built Area
150 m²
Plot Size
800 m²
Floor
0
Year Built
Built 1982 (44 years)
Orientation
South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate
Rating G
Reference
OH02432
Features & Amenities
Climate & Comfort
Air conditioning
Heat pump (hot and cold)
Fireplace
Outdoor & Pool
Private pool
Balcony
Terrace
Solarium
Garden
Barbecue area
Patio
Security & Access
Alarm system
Storage & Parking
Built-in wardrobes
Basement
Parking (2 spaces)
Laundry room
Storage room
Pantry
Interior
Separate apartment
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Los Balcones, Torrevieja · 37.9572, -0.7314
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%)
€49,900
Notary Fees
~€950
Land Registry
~€650
Legal Fees (1% + VAT)
~€6,038
IBI Property Tax (annual)
€582/yr
Est. Total Purchase Costs
~€57,538 (11.5%)
Annual Running Costs
Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).
IBI Property Tax
€582/yr
€49/month · municipal property tax
Total fixed costs€582/year (€49/month)
Investment Snapshot
How this property compares to the local Torrevieja market.
Price per m²
€3,327
this property
Torrevieja Average
~€1,650
per m² (resale)
Difference
+102%
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.
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. Notary fees typically run EUR 600–1,200; registry fees EUR 400–800; and legal fees are usually around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you finalise your budget.
Can non-residents get a mortgage on this property?
Non-resident buyers can generally obtain a Spanish mortgage, though lenders typically require a deposit of 30–40% of the purchase price. Variable and fixed mortgage rates in Spain currently range from approximately 3.5% to 4.5%, depending on the lender and your financial profile. We recommend obtaining an agreement in principle before making an offer.
What are the ongoing running costs?
The annual IBI (council tax) for this property is EUR 582. There are no community fees. Utility costs will vary with usage and season. The energy rating is G, so heating and cooling costs may be higher than for more recently built or upgraded properties, although the installed heat pump (hot and cold) and air conditioning units help manage comfort year-round.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to visit in person, allowing you to take a guided tour of the property via video call. This is available on request for this Los Balcones villa. In-person viewings can be arranged at a time to suit you.
What is the rental potential for this property?
Torrevieja is a licensed tourist rental market and Los Balcones is an active area for holiday letting. The presence of a self-contained separate apartment within this property may allow for independent letting of that unit, subject to obtaining the appropriate tourist rental licence from the Valencian Community authorities. We recommend taking local legal advice on licensing requirements before purchase if rental income is part of your plan.
What does the purchase process involve?
You will first need to obtain a Spanish NIE (Número de Identificación de Extranjero), which is required for all property transactions. Once your offer is accepted, a reservation agreement is typically signed and a deposit paid to take the property off the market. This is followed by a private purchase contract (arras), where a further deposit — usually 10% of the purchase price — is paid. Completion takes place before a Spanish notary, at which point the balance is transferred and the title deed (escritura) is signed. We recommend appointing an independent Spanish lawyer to act on your behalf throughout.