Property Market in Torrevieja Spain

Are you looking to buy or sell property in Torrevieja Costa Blanca Spain?


This is a great time to be involved in the property market in Spain – especially in popular tourist destinations such as the Costa Blanca. Indeed, there are many expats who want to sell property in Costa Blanca and upgrade to a bigger and better house in the same region, such as in Torrevieja.


Torrevieja is one of the hottest overseas property destinations on the Costa Blanca. It is a municipality of Alicante province and includes the La Mata and Torrevieja areas. This popular city has a population of 88,447 people. Torrevieja is a city in Spain’s southeastern Alicante province, on the Costa Blanca. It’s known for its Mediterranean climate and coastline. Promenades run along sandy, resort-backed beaches. The tiny Museo del Mar y de la Sal houses exhibits exploring the town’s fishing and salt-mining history. Inland, the Lagunas de la Mata-Torrevieja Nature Park has trails and 2 salt lakes, one pink and the other green.


Torrevieja has a flourishing property market. International investors make up 48.7% of the buyers here. What’s interesting is that the population of the town has gone up by 38,258 (76%) since 2000.


There were as many as 10,905 property transactions registered in the town in the first quarter of 2018 – which indicates that the property market here is doing very well indeed.


How to Get to Torrevieja?


Torrevieja is at a short distance from the Alicante Airport and Murcia Airport. You can just take a flight from forever you are to the Alicante Airport or Murcia Airport and from there take a car-hire or a private taxi to Torrevieja.


What’s interesting about Torrevieja?


Torrevieja is a lovely city located in the southern Alicante province. There are two large salt mines just outside the city.


Torrevieja was built as a settlement to house the workers in the salt mines, but has since grown into a modern, cosmopolitan city and a popular tourist destination.


Torrevieja receives 320 days of sunshine every year. The climate here couldn’t have been more perfect. People come here to live the perfect Mediterranean lifestyle, with unspoiled beaches, great cuisine, charming coffee houses and restaurants, and a plenty of opportunities for leisure and entertainment.


You can, for example, go parasailing or scuba diving, or just take a long stroll along the coastline. You can explore the lovely beaches such as Playa de la Zenia which are surrounded by bistros, cafes and bars.


Also worth visiting is the Museum of Sea and Salt (called as Museo Del Mar Y De La Sal in Spanish). Here you can explore the origins of the salt lakes that passed through the region.


The Cultural Society Casino of Torrevieja is certainly worth a visit as well. Another interesting tourist attraction is the Parque De Las Naciones, which is just outside the city.


You can just take a walk alongside the promenade and bask under the sunshine. There are a plenty of things you could do here, which keep you occupied from early morning to late into the night.


Buying a House in Torrevieja


Torrevieja is certainly a great place to buy the Spanish villa you have always wanted. A furnished two-bedroom apartment here starts at 129,000 Euros. You can buy a modern, brand new apartment for 152,000 Euros or less.


One big advantage of buying a house in Torrevieja is the excellent rental rates that you get from a house or apartment here. This serves as a very good passive income opportunity.


You can rent out your house, villa or apartment in Torrevieja when you’re not actually living there. This makes sense as most expats live in Spain for only 3 to 6 months of the year, at the most.







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