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  • Torrevieja, Valencia, Spain
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  1. Overseas property
  2. Spain
  3. Valencia
  4. Costa Blanca
  5. Alicante
  6. Torrevieja

Property for sale in Torrevieja

694 listings
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New apartments facing the sea in Punta Prima, Orihuela Costa, Spain for 315,000 €

With balcony/terrace

New apartments facing the sea in Punta Prima, Orihuela Costa, Spain
315,000 €
£274,000
Total area 100 m²2 bedrooms2 bathrooms
We organise online viewings on request
Comfortable bungalow apartment with a private garden and terrace in a residential complex with a pool and a parking, Torrevieja, Spain for 139,000 €

With balcony/terrace

Comfortable bungalow apartment with a private garden and terrace in a residential complex with a pool and a parking, Torrevieja, Spain
139,000 €
£121,000
Total area 83 m²2 bedrooms2 bathrooms
We organise online viewings on request
Turkish citizenship for the whole family for real estate purchase

Tranio’s instruction

Turkish citizenship for the whole family for real estate purchase
From $400,000  ·  Rental income
  • Simple registration procedure;
  • Return on investment;
  • Temporary residence permit for quick relocation.
Cozy villa with a backyard, a swimming pool, a barbecue area, a patio, a terrace and a garage, Torrevieja, Spain for 550,000 €

With swimming pool

Cozy villa with a backyard, a swimming pool, a barbecue area, a patio, a terrace and a garage, Torrevieja, Spain
550,000 €
£478,000
Land area: 800 m²4 bedrooms2 bathrooms
Furnished apartment on the first line from the beach in Torrevieja, Alicante, Spain for 266,000 €
Furnished apartment on the first line from the beach in Torrevieja, Alicante, Spain
266,000 €
£231,000
Total area 100 m²3 bedrooms2 bathrooms
New three-bedroom apartment in a complex by the sea, Torrevieja, Alicante, Spain for 379,000 €
New three-bedroom apartment in a complex by the sea, Torrevieja, Alicante, Spain
379,000 €
£330,000
Total area 84 m²3 bedrooms2 bathrooms
New apartment in a complex on the beach, Torrevieja, Alicante, Spain for 409,000 €
New apartment in a complex on the beach, Torrevieja, Alicante, Spain
409,000 €
£356,000
Total area 143 m²3 bedrooms3 bathrooms
Discounted properties upon request

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Ksenia Kolesnikova
Ksenia Kolesnikova,
Client manager
  • We find off-market properties We find off-market properties
  • We organise viewings We organise viewings
  • We assist in obtaining a mortgage We assist in obtaining a mortgage
Four-room penthouse with sea views in Torrevieja, Alicante, Spain for 239,000 €

With balcony/terrace

Four-room penthouse with sea views in Torrevieja, Alicante, Spain
239,000 €
£208,000
Total area 100 m²3 bedrooms2 bathrooms
Four-room apartment right on the beach in Torrevieja, Alicante, Spain for 278,000 €

With balcony/terrace

Four-room apartment right on the beach in Torrevieja, Alicante, Spain
278,000 €
£242,000
Total area 140 m²3 bedrooms2 bathrooms
Four-room apartment near the port in Torrevieja, Alicante, Spain for 175,000 €

With balcony/terrace

Four-room apartment near the port in Torrevieja, Alicante, Spain
175,000 €
£152,000
Total area 144 m²4 bedrooms2 bathrooms
Two-storey villa with a pool and a garage in Torrevieja, Alicante, Spain for 350,000 €
Two-storey villa with a pool and a garage in Torrevieja, Alicante, Spain
350,000 €
£304,000
Total area 145 m²Land area: 400 m²4 bedrooms2 bathrooms
Detached house – Torrevieja, Valencia, Spain for 689,000 €

With swimming pool

Detached house – Torrevieja, Valencia, Spain
689,000 €
£599,000
Total area 181 m²Land area: 450 m²4 bedrooms3 bathrooms
Five-room apartment on the first line from the sea in Torrevieja, Alicante, Spain for 245,000 €
Five-room apartment on the first line from the sea in Torrevieja, Alicante, Spain
245,000 €
£213,000
Total area 119 m²4 bedrooms2 bathrooms
Seven-room apartment near the port in Torrevieja, Alicante, Spain for 320,000 €

With balcony/terrace

Seven-room apartment near the port in Torrevieja, Alicante, Spain
320,000 €
£278,000
Total area 292 m²7 bedrooms4 bathrooms
Villa – Torrevieja, Valencia, Spain for 1,350,000 €

With swimming pool

Villa – Torrevieja, Valencia, Spain
1,350,000 €
£1,173,000
Total area 392 m²Land area: 619 m²6 bedrooms5 bathrooms
Two-bedroom new apartment in Torrevieja, Alicante, Spain for 255,000 €

With balcony/terrace

Two-bedroom new apartment in Torrevieja, Alicante, Spain
255,000 €
£222,000
Total area 79 m²2 bedrooms2 bathrooms
New sunny apartment in Torrevieja, Alicante, Spain for 255,000 €

With balcony/terrace

New sunny apartment in Torrevieja, Alicante, Spain
255,000 €
£222,000
Total area 79 m²2 bedrooms2 bathrooms
Villa – Torrevieja, Valencia, Spain for 790,000 €

With swimming pool

Villa – Torrevieja, Valencia, Spain
790,000 €
£686,000
Total area 492 m²Land area: 1,200 m²3 bedrooms4 bathrooms
New three-level villa in Torrevieja, Alicante, Spain for 650,000 €
New three-level villa in Torrevieja, Alicante, Spain
650,000 €
£565,000
Total area 280 m²Land area: 459 m²3 bedrooms3 bathrooms
Villa – Torrevieja, Valencia, Spain for 1,330,000 €

With swimming pool

Villa – Torrevieja, Valencia, Spain
1,330,000 €
£1,156,000
Total area 400 m²Land area: 720 m²5 bedrooms4 bathrooms
Villa – Torrevieja, Valencia, Spain for 379,000 €

With swimming pool

Villa – Torrevieja, Valencia, Spain
379,000 €
£329,000
Total area 120 m²Land area: 600 m²3 bedrooms2 bathrooms
Villa – Torrevieja, Valencia, Spain for 880,000 €

With swimming pool

Villa – Torrevieja, Valencia, Spain
880,000 €
£765,000
Total area 422 m²3 bedrooms4 bathrooms
Detached house – Torrevieja, Valencia, Spain for 695,000 €

With swimming pool

Detached house – Torrevieja, Valencia, Spain
695,000 €
£604,000
Total area 150 m²Land area: 300 m²4 bedrooms3 bathrooms
Detached house – Torrevieja, Valencia, Spain for 135,000 €

With swimming pool

Detached house – Torrevieja, Valencia, Spain
135,000 €
£117,000
Total area 150 m²Land area: 190 m²6 bedrooms2 bathrooms
Villa – Torrevieja, Valencia, Spain for 709,000 €

With swimming pool

Villa – Torrevieja, Valencia, Spain
709,000 €
£616,000
Total area 250 m²Land area: 600 m²3 bedrooms4 bathrooms
1 week ago
Detached house – Torrevieja, Valencia, Spain for 1,330,000 €

With swimming pool

Detached house – Torrevieja, Valencia, Spain
1,330,000 €
£1,156,000
Total area 400 m²Land area: 720 m²5 bedrooms4 bathrooms
1-25 of 694 listings, page 1 of 28

Torrevieja attracts thousands of people from different countries. Many choose this place for permanent residence. This is a city with gorgeous sandy beaches and relatively inexpensive real estate.

The cost of real estate in Torrevieja

There is a wide range of real estate in Torrevieja, mainly studios, flats and apartments. They are in the greatest demand, they are often bought for subsequent rental. It is better to buy a property in Torrevieja in the southern part of the city for your own residence, temporary or permanent. The most popular areas among foreigners are El Acequión – Los Naúfragos and Los Balconies due to its proximity to the sea.

The average price per square meter when buying an apartment:

  • in the city center — 1,604.00 €;
  • outside the center — 1,290.00 €.

Prices for rental:

  • On average, per square meter — from 6.86 € to 7.89 €;
  • Apartment (1 room) in the city center — 450,00 €; outside the center — 516,67 €;
  • Apartment (3 rooms) in the city center — 950,00 €; outside the center — 833,33 €.

There are many modern new buildings in the city, for example, the Alegria complex. For those who like a separate space – residential complexes with underground parking and a swimming pool. Europeans especially like to buy houses there.

We will help you conclude a legally secure transaction for the purchase of housing from our partners — leading developers and the best real estate agencies.

Real estate market prospects

Over the past year there has been an increase in prices for the sale and rental of real estate. In June 2022 an average of 1.889 € per square meter was asked for residential premises. This is the largest jump in value over the past 2 years. Compared to August 2021, the growth was 11.91% (1,688 euros/m2).

Rental housing in June 2022 on average cost 7.24 € per month per square meter, which is 6.78% more compared to August 2021. The month with the lowest asking price was April 2021: an average of 6.63 € per m2 per month.

Who is buying property in Torrevieja

In this calculation, more than 10 thousand houses sold were taken into account. Of 48% of buyers are foreigners. This is 2 times more than the average figures in the whole country. Most of the people who buy housing here are British. Convenient transport links with Great Britain have been built here for them.

The ratio of the number of buyers by country:

  • Great Britain — 33%,
  • Romania — 14%,
  • Germany — 6%,
  • Bulgaria, the Netherlands and Italy — 5 each%,
  • France and Belgium — 4 each%,
  • Norway — 2%.

The share of foreign specialists living in the territory of Torrevieja is 13%.

How much does it cost to housing maintain in Torrevieja

On average, 1.8–2.5 thousand euros per year is spent on the maintenance of real estate. The amount of expenses consists of paying taxes, insurance and utilities. If the house is bought with a mortgage, then monthly loan payments are added to this amount.

Taxes

Property owners in Torrevieja pay property tax once a year. The rate is the same for Spaniards and visiting foreigners, and depends only on the location and type of building — from 0.4 to 1.1% of the cadastral value. Plus, each city has an additional service tax — garbage collection, maintenance of communications in the house. It takes several hundred euros a year.

For non-residents of Spain, there is a wealth tax. Its rate ranges from 0.2% to 2.5%, depending on the value of the property. If the housing was purchased for rent, you need to pay income tax for it — 24% of the amount of income.

Insurance

Insurance is usually required in a bank when buying a home with a mortgage. Its size depends on the loan amount. For example, for a house worth 170,000 €; the approximate amount of insurance is 300 € per year.

Insurance compensation is paid to the owner upon the occurrence of an insured event – fire, flood, storm, earthquake, in case of damage due to leakage of water or oil from the heating system, as well as upon theft or vandalism.

Services and utilities

Maintenance of the house and the territory by the management company costs homeowners 0.5-1.25 € per 1 m2 per month. The list of services includes maintenance of the garden, swimming pool, common area of the residential complex. For a year, the cost of services can reach up to 1.5–2 thousand € for villas with a pool and garden.

Monthly fees: for electricity — an average of 60 €; for gas, water and garbage collection — 50 €; Internet — 20-30 €.

Repair

Housing in need of repair is often bought in Spain because of its low cost. In such cases, it is necessary to take into account additional expenses for construction materials and services:

  • a license for major repairs (issued by the administration) — 500 €;
  • demolish the wall — 150 €;
  • tile works — 35 €/m2;
  • installation of a heating system — 3 thousand € on an area of 90 m2;
  • electrical wiring and lighting — 1.5 thousand €;
  • replacement of pipes in the bathroom — 3-4 thousand €;
  • restoration of the facade — 10-18 thousand €.

Before buying such housing, it is worth weighing everything well, whether it will come out more expensive than with a ready-made repair.

How much does it cost to live in Torrevieja

Here are the average prices for products, goods and services of daily demand. So you can estimate and roughly imagine the cost of living in Torrevieja.

Average price of food:

  • Lunch at an inexpensive restaurant -  12.00 €;
  • Lunch for 2 persons in a restaurant of the average price category — 40.00 €;
  • McMeal at McDonalds — 8,00 €;
  • Water (0.33 bottle) 1.30 €
  • Bread (500 g) 1.26 € (from 0.60 to 2.00)
  • Chicken fillet (1 kg) 6,57 €
  • Beef (1 kg) 8,60 €
  • Beer 0.5  — 2.00 €
  • Cappuccino — from 1,00 to 2,50 €

Transport:

  • Public transport — 1,50-2,00 €;
  • Taxi (1km) -  1.00-1.50 €;
  • Gasoline (1 litre) — 1.55 €.

A private kindergarten for 1 child will cost 260.00 €. International Primary School -6,000.00 € per year of study. Monthly subscription fitness club for 1 adult — 20.00 – 40.00 €. Cinema (1 sit) -  10.00 €.

The average salary is 1,362.50 € per month.

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