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For Sale: Unique Two-Story Villa in Los Balcones, Torrevieja (Alicante)This stunning villa spans 368 m², making it an ideal choice for luxurious living or a profitable investment. Situated on a spacious 1,100 m² plot, the property features a beautifully landscaped garden with palm trees, shrubs, and flowers, offering everything you need for an exceptional lifestyle.Key Features: • 6 spacious bedrooms, designed for maximum comfort. • 6 bathrooms, including an en-suite in the master bedroom with underfloor heating. • Master bedroom with panoramic views of the mountains and the famous pink salt lake of Torrevieja. • Spacious kitchen with an island, tailored to meet the needs of even the most discerning chef. • Separate dining area with a custom-made wooden table and stunning views of the pink salt lake. • Home office, perfect for work or quiet retreat. • Large storage room and laundry area. • Garage for one car and parking space for an additional 6 vehicles.Outdoor and Additional Amenities: • 25 m² swimming pool, perfect for relaxing on warm days. • Expansive rooftop terrace – ideal for hosting parties, exercising, or unwinding under the open sky. • Cozy fireplace, adding warmth and charm during cooler evenings. • Fully integrated air conditioning system (hot/cold mode). • Wooden flooring throughout the house, creating a warm and inviting atmosphere.Prime Location: • Just 2.8 km from the beaches of Costa Blanca. • Within walking distance to supermarkets, cafes, bars, restaurants, and a hospital. • Close to the renowned pink salt lake, famous for its therapeutic mud and beneficial air. • Golf courses are only 5 km away. • Numerous walking and sports areas nearby. • Alicante Airport is a convenient 40-minute drive away.Unique Design and Investment Potential:This villa was custom-designed for permanent residence, ensuring every detail has been carefully considered. It’s not just a luxurious home but also a lucrative investment opportunity. The rental yield potential is 5% annually or more.This villa offers the perfect combination of luxury, convenience, and strategic location. Don’t miss your chance to own this exceptional property!
Property Features
- 6 bedrooms
- 5 bathrooms
- 368m² Build size
- 1,040m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
82,000€
Final Payment of 90% on completion
765,000€
Property Purchase Expenses
Property price
850,000€
Transfer tax 8%
68,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























