Buy an Bungalow in Torrevieja, Spain. Los balcones area, 2 bedrooms, 63 m2 — a new bungalow in the developed residential area of Los Balcones, located on the heights of Torrevieja. This is a modern complex with thoughtful architecture and a high level of construction, oriented towards comfortable year-round living.
The 63 m² bungalow includes two bedrooms, two bathrooms and an open plan living room with kitchen. Having two bathrooms in a compact bungalow is a sign of modern housing where resident comfort comes first. The 64 m² terrace is almost equal to the interior area, which creates huge additional space for outdoor living.
New construction implies the use of modern materials, energy-efficient technologies and compliance with European building standards. All communications are new, finishing is done qualitatively, warranty from the developer provides protection from construction defects. This eliminates unforeseen expenses in the first years after purchase.
The area is located 3500 meters from the sea, which is about 8-10 minutes by car or 40-45 minutes on foot. This distance allows you to live in a quiet area with more affordable prices than in the coastal strip, but at the same time maintain the ability to regularly visit beaches.
Los Balcones is a developed area with good infrastructure: Mercadona and Consum supermarkets 5 minutes drive, medical center, pharmacies, schools, sports grounds. Both Spaniards and foreign residents live here, which creates a comfortable international environment. The center of Torrevieja is 10 minutes by car.
The complex is equipped with a communal pool, which is used by residents year-round. In summer months, the pool becomes the center of social life in the complex. Parking space is included in the price, which solves the problem of car placement.
The 64 m² terrace allows you to organize several functional zones: a dining area with a canopy, a sunbathing area, a barbecue space, possibly even a small garden in pots. In the Mediterranean climate, the terrace is used 9-10 months a year, effectively doubling the living area of the bungalow.
The bungalow is suitable for permanent residence of a couple or small family, as a second home for vacations or as an investment in short-term rental. The rental market in Torrevieja is active from April to October, demand from tourists from Northern Europe is stable. New housing with a large terrace is especially attractive to tenants.
New construction in Spain is subject to VAT (IVA) of 10% instead of property transfer tax. Additionally, notary expenses 1-2%, lawyer services 1-2% and registration in the land registry are paid.
Los Balcones is located on a hill, which provides good air circulation and no moisture problems that sometimes occur in low-lying areas. The area is developing, new complexes are appearing, infrastructure is improving. Buying a new building in such an area is an investment in comfortable living with good prospects for property value growth.
Garage or parking
Terrace
Built-in wardrobe
Pool
