This semi-reformed 2-bedroom, 1-bathroom ground floor bungalow in Los Balcones, Torrevieja, offers 54 m² of living space with a generous 18 m² private terrace for €147,900 (reduced from €157,900). Built in 2006 with a northeast orientation, private parking included, and just 45 minutes from Alicante-Elche Airport on Spain's Costa Blanca.
Discover this charming ground floor bungalow perfectly positioned in Los Balcones – Los Altos del Edén, one of Torrevieja's most sought-after residential areas. With a built area of 62 m² and 54 m² of well-distributed living space, this property features two spacious double bedrooms flooded with natural light, a full bathroom, a bright living and dining area, and a functional kitchen. The semi-reformed condition presents an ideal opportunity for buyers who want to add personal touches while enjoying an already liveable home on the Costa Blanca.
The northeast orientation ensures pleasant morning sunshine without the intense afternoon heat, keeping the interiors naturally cool throughout the warm summer months. Step outside onto the generous 18 m² private terrace – the perfect space for morning coffee, al fresco dining, or simply soaking in the Mediterranean atmosphere. A private parking space is included in the sale, adding everyday convenience for residents and guests alike.
Los Balcones is one of Torrevieja's most popular residential neighbourhoods, known for its peaceful atmosphere and thriving international community of Scandinavian, British, and Dutch residents. Local amenities including Mercadona and Consum supermarkets, a variety of restaurants and cafés, healthcare centres, pharmacies, and weekly street markets are all within easy reach. The stunning salt lakes of Torrevieja – famous for their therapeutic properties – are just minutes away. Several beaches, including Playa del Cura and La Mata, are easily accessible by car within 10 to 15 minutes. Alicante-Elche Airport is approximately 45 minutes by car, with frequent connections to major European cities. The mild Mediterranean climate, with over 300 days of sunshine and average winter temperatures around 16 °C, makes Los Balcones an ideal base for year-round living or extended winter stays.
At approximately €2,386 per square metre (based on the 62 m² built area), this bungalow is competitively priced within the Torrevieja market, where average prices hover around €1,850/m². The 6% price reduction from the original €157,900 to €147,900 represents excellent value for money. Costa Blanca property prices have risen by approximately 40% since 2020, and Torrevieja continues to attract strong demand from international buyers and holidaymakers. Holiday rental properties in the area can achieve gross yields of 6–8% annually, particularly during the peak summer season. With community fees of just €157 per semester (€314/year), running costs remain low and manageable, making this an attractive option for buy-to-let investors or those seeking an affordable second home in Spain.
For resale properties in Torrevieja, buyers should budget approximately 12–13% on top of the purchase price. This includes the property transfer tax (ITP) at 10%, plus notary fees, land registry fees, and legal costs totalling around 2–3%. For this property at €147,900, total additional costs would be approximately €17,700–€19,200. New builds incur 10% IVA (VAT) instead of ITP. Always work with a qualified independent lawyer to ensure all taxes and fees are correctly calculated.
Yes, Spanish banks regularly offer mortgages to non-resident buyers. Typical terms include a loan-to-value ratio of 60–70%, interest rates between 3% and 4%, and repayment periods of 15 to 25 years. It is advisable to obtain mortgage pre-approval before starting your property search to streamline the buying process.
Los Balcones is a peaceful and well-established residential area with a large international community, particularly popular among Scandinavian, British, and Dutch residents. The neighbourhood offers convenient local amenities, good transport links, and a relaxed Mediterranean atmosphere. With over 300 days of sunshine per year, it is well-suited to both full-time residents and those seeking a holiday or retirement home.
Typical annual running costs include IBI (property tax) of approximately €250–€400 per year, community fees (€314/year for this property), household insurance at around €150–€250 per year, and utilities averaging €80–€120 per month depending on usage. The refuse tax (basura) adds approximately €100–€150 annually.
Alicante-Elche Airport is approximately 45 minutes from Torrevieja by car. Taxis cost around €60–€70 for the journey. Regular bus services are available via the Costa Azul line, taking approximately one hour at a cost of around €7. Car hire is widely available at the airport terminal.
Yes, properties in Torrevieja can be rented out for holiday lets, although you will need to obtain a VUT (Vivienda de Uso Turístico) licence from the Valencian government. The Costa Blanca South area has strong rental demand, especially during summer. Typical holiday rental income ranges from €500–€800 per week in high season (July–August) and €300–€450 per week in shoulder seasons. Annual gross yields of 6–8% are achievable with active management.
Absolutely. Los Balcones benefits from a well-established infrastructure with supermarkets, restaurants, healthcare centres, and bus connections to Torrevieja centre and surrounding towns. The international community means many services cater to English, Scandinavian, and Dutch-speaking residents. The mild climate with over 300 days of sunshine makes outdoor living possible throughout the year.
Contact Hansson & Hertzell:
Phone: 0034 634 044 970
WhatsApp: Click here to chat
Explore more properties in Torrevieja or discover our full Costa Blanca South portfolio.
Year of construction: 2006 Bedrooms: 2 Bathrooms: 1 Built: 54m2 Pool: Community Garage: Optional Kitchen: 1Digital viewings make it possible to conveniently meet the broker and get a viewing of the home directly on the mobile.
First of all, thanks for contacting us.
We have received your request regarding the property reference: HH-ALG-A11108. One of our agents will contact you as soon as possible.
First of all, thanks for contacting us.
We have received a request for a report if you lower the price of the property with the reference: HH-ALG-A11108
In the meantime, please have a look at this selection of similar properties, that might be of interest to you:
Back to search results
Call us
Send message