€700k Luxury 3-Bed Villa Los Balcones Torrevieja
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About This Property
This exceptional 3-bedroom villa in Los Balcones represents a sophisticated investment opportunity in one of Spain's most sought-after coastal communities. Priced at €700,000, this premium-specification property delivers remarkable value—45% less per square meter than comparable properties in Costa Blanca North, while maintaining the same quality standards and lifestyle credentials. The 120m² of thoughtfully designed living space sits on a generous 434m² plot, providing the privacy and exclusivity that discerning buyers expect. Los Balcones has earned its reputation as an enclave for those who appreciate refined Mediterranean living without compromise. With 45 professional images documenting every detail, this villa invites serious buyers to explore a property that combines architectural quality, strategic location, and exceptional market positioning. The contemporary design maximizes natural light and efficient use of space—hallmarks of premium Spanish coastal architecture. This is not merely a property purchase; it represents access to a distinguished community where English speakers thrive and investment values continue their upward trajectory at 8% annually.
About Torrevieja
Torrevieja, located on the southern Costa Blanca in Alicante province, has transformed into one of Spain's most vibrant and welcoming coastal destinations. Positioned between the sparkling Mediterranean Sea and the remarkable lagoon ecosystem of Salton de Torrevieja Natural Park, the town enjoys year-round sunshine with average temperatures ranging from 17°C in winter to 28°C in summer. The geography is characterized by pristine beaches, natural salt lagoons, and a well-developed urban infrastructure that seamlessly blends seaside leisure with cosmopolitan convenience. Once known primarily for salt production, Torrevieja has evolved into a thriving residential and tourist hub that attracts over 100,000 permanent residents. The town's elevation provides natural sea breezes that moderate summer heat, while its southern positioning delivers more sunshine hours than northern Costa Blanca areas. The natural harbor and maritime heritage continue to define local character, with fresh seafood restaurants and waterfront promenades integral to daily life.
Life in Torrevieja
Living in Torrevieja means embracing a lifestyle where Mediterranean beaches, world-class golf, and sophisticated dining are daily realities. The town hosts the largest expatriate community in Spain, with English speakers omnipresent in shops, restaurants, healthcare facilities, and social venues—creating an immediate sense of belonging for international residents. Your daily experience includes access to Blue Flag beaches like Playa del Cura, morning coffee at beachfront cafés, and evening paseos through the illuminated promenades. The expat infrastructure is exceptional: English-speaking doctors, international schools, British supermarkets stocking familiar products, and social clubs facilitating genuine friendships. Torrevieja's cultural calendar features regular events—from the Festival of Carmen celebrations to classical music concerts—while the nearby Villamartín and Las Ramblas golf courses attract golf enthusiasts year-round. The marina district pulses with activity, offering fresh seafood restaurants, yacht clubs, and waterfront bars. Healthcare access is outstanding with both private and public hospitals staffed by English-speaking professionals. Shopping needs are effortlessly met through Mercadona, Carrefour, and specialized markets, while the weekly Saturday market at Acequión provides authentic local produce and crafts.
Investment Potential
This property presents a compelling investment thesis within a market demonstrating consistent growth momentum. Torrevieja property values have appreciated 8% year-on-year, outpacing broader Costa Blanca averages and reflecting sustained demand from both European buyers and rental-market investors. At €5,833 per square meter, this villa commands 45% premium pricing relative to Torrevieja's €1,850 average—a significant differential attributable to the property's superior specification and Los Balcones' prestige positioning. For investors focused on rental income, similar properties in this neighborhood command €650 per week during peak season, translating to €33,800 annually from seasonal lettings alone. Year-round rental strategies can generate additional returns through off-season bookings. The combination of strong market appreciation, robust rental demand, and comparative value positioning relative to Costa Blanca North creates a multi-dimensional investment opportunity. As expat communities continue expanding and Spanish property laws remain favorable for foreign investors, Torrevieja's investment credentials strengthen further.
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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