2 Bed Bungalow Torrevieja €309,900 - Los Balcones
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Approximate distances. Contact us for exact property location.
About This Property
Welcome to Los Balcones, Torrevieja – where a peaceful, relaxed lifestyle awaits you. This charming 2-bedroom, 2-bathroom bungalow offers the perfect setting for your retirement years in sunny Spain. At €309,900, you're securing a property with premium specification at 45% less than comparable homes on the Costa Blanca North, representing exceptional value in one of Spain's most established expat destinations.
Torrevieja has earned its reputation as the heart of expat living in Spain, welcoming retirees and families seeking year-round sunshine, excellent healthcare, and a vibrant international community. This 131m² home sits within the heart of Los Balcones, a residential neighbourhood known for its peaceful atmosphere and convenient access to all essential amenities. Whether you're looking for a permanent retirement home or a Mediterranean base for your golden years, this property delivers comfort, value, and the lifestyle you deserve.
With 24 high-quality images showcasing every detail, you'll see why this home represents smart property investment in one of Europe's most popular retirement destinations. The area has seen consistent market growth of 8% year-on-year, and rental potential of €650 per week makes this an excellent choice for those seeking investment returns alongside personal enjoyment.
About Torrevieja
Torrevieja is located in southern Alicante Province, approximately 50km south of Alicante city and 30km from Alicante International Airport. The town sits on the Mediterranean coast with a distinctive landscape shaped by its historic salt lakes and extensive beaches. Known for its crystalline waters and golden sand beaches, Torrevieja enjoys a Mediterranean climate with over 300 days of sunshine annually. Temperatures remain mild even in winter, rarely dropping below 10°C, making it ideal for year-round outdoor living. The town has developed organically around its fishing heritage and salt industry, creating a unique character that blends traditional Spanish culture with modern international amenities. Today, it's home to approximately 130,000 residents, including one of Spain's largest expat populations, with English speakers everywhere you go.
Life in Torrevieja
Living in Torrevieja means waking up to Mediterranean sunshine and enjoying a pace of life that prioritises wellbeing and community. Your daily routine might include morning coffee at a beachfront café, afternoon shopping at well-stocked supermarkets with familiar international brands, and evening paseos (walks) through tree-lined streets where you'll inevitably meet friends and neighbours. The expat community here is remarkably welcoming – you'll find English widely spoken in shops, restaurants, medical clinics, and social clubs. Weekly markets offer fresh local produce, while the town centre provides everything from traditional tapas bars to international restaurants. Healthcare is excellent with multiple English-speaking doctors, modern hospitals, and health centres within minutes. Golf enthusiasts enjoy four championship courses within 20 minutes' drive. Beach clubs and social organisations cater specifically to retirees, offering activities, outings, and friendships. This isn't isolation – it's a vibrant, supportive community where you can be as social or as peaceful as you wish.
Investment Potential
This property represents intelligent investment on multiple levels. At €309,900 with premium specification at 45% less than comparable Costa Blanca North properties, you're acquiring a home in a market showing consistent 8% year-on-year growth. Recent market data shows Torrevieja properties appreciating steadily, driven by sustained demand from European retirees and investors. For those seeking income generation, holiday rental potential averages €650 per week, providing approximately €33,800 annually if you choose to let the property. Many owners adopt a balanced approach – enjoying their home for extended periods while renting during peak seasons. Unlike northern Costa Blanca developments targeting younger buyers, Torrevieja maintains stable demand specifically from retirees seeking long-term residence. Your purchase here is backed by Spain's established property laws, EU residency benefits, and a proven track record of appreciation.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
Property Specialist
I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
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