Land for sale in Torrevieja

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Location
Spain
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Properties in Torrevieja

Torrevieja is located on the famous Spanish Costa Blanca. Today it is one of the most popular holiday destinations. Holidays are spent here by tourists from all over the world, who book well in advance knowing that there may be a shortage of accommodation in the season. The city has about 45 thousand. inhabitants. The largest group of foreigners here are the British, followed by Germans, Swedes, Russians, Colombians and Norwegians. That's why Torrevieja is often called "The Little Britain".

Map od Torrevieja
Panorama of Torrevieja

Best things to do in Torrevieja

The beaches of Torrevieja are a story to tell. They are beautiful, wide and sandy. It is also worth visiting the charming, rocky and very peaceful bays. The most beautiful of them is surrounded by palm trees. It is almost the Caribbean Cala Ferris.

 

However, when the beach is not enough, it is worth to go to Torre del Moro. It is a defensive fortress from the 14th century, which protected people against the attacks of Berber corsairs, who came from the Mediterranean. The defense tower is located on the Cabo Cervera. It is one of the highest points in the city. In addition, there is also a popular promenade, where one can admire the life-size statues of musicians of Torrevieja. One of the most interesting attractions is also the National Park with two lakes La Laguna de la Mata and the pink La Laguna de Torrevieja. Undoubtedly, the characteristic landmark of the city are the pink flamingos and pink color of the lake, which results from the high level of salinity.

Characteristics of the property market in Torrevieja

How much do properties in Torrevieja cost?

Torrevieja is a city where you will find a large selection of properties for less than 100,000 euros. As statistics show, the vast majority of buyers are interested in properties for less than 100,000 euros. The data on the price of a property per square metre differs quite a lot, depending on the source of the data. Official data indicate that the price per square meter is 1,170 euros, however other property services indicate a price of 1,585 euros. Nevertheless, our experience shows that this price can be a lot lower. 

Average price for properties in Torrevieja:

  • Average price by square metre for Torrevieja - 1,170 €
  • Average price for properties in Torrevieja - 167,598 €... but there is a large number of cheap properties available for less than 100,0000 €

Who buys properties in Torrevieja?

Torrevieja properties are very popular with foreigners looking for an international and cosmopolitan city with excellent weather conditions. The city has a population of about 85,000 people, including foreigners. It is particularly popular with the people of Great Britain, which is why it is often called ''The Little Britain''. Spaniards make up less than 60% of the population. The second largest group of Torrevieja's inhabitants are the British. Then there are the Russians, the Ukrainians, the Moroccans, etc.

 

International buyers:

  • 33 % United Kingdom
  • 14 % Romania
  • 6 % Germany
  • 5 % Bulgaria
  • 5 % Netherlands
  • 5 % Italy
  • 4 % France
  • 4 % Belgium
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Best areas for an investment

Torrevieja is a beautifully situated city along the coast. In the city centre, there are mainly apartment blocks and commercial premises. The farther away from the coastline, the more housing estates there are. Torrevieja offers a huge number of properties for sale, including many bungalows and apartments on the sea or overlooking the sea. Therefore, the most attractive are the properties located in the vicinity of La Mata Beach, Playa del Cura, Punta Prima Beach or Play De Los Locos.

123,568 € Torrevieja Centro Parque de las Naciones, El Molino, Puerto Deportivo, Centro - Muelle Pesquero
127,236 € Playa del Cura Antonio Machado, Avenida Habaneras - Curva de Palangre, Playa del Cura, Las Piscinas Naturales
198,653 € Nueva Torrevieja - Aguas Nuevas Nueva Torrevieja, Torreblanca, Parque Acuático - Sector 25, Aguas Nuevas
155,237 € Playa de los Locos Devesses - Monte Pego, Zona los Frutales, Miramar - Torre del Moro
182,425 € La Siesta - El Salado - Torreta El Salado, La Zarza, La Siesta, Torreta, El Chaparral
192,576 € El Acequión - Los Naúfragose El Acequión, Playa de los Naúfragose, Punta Prima, La Veleta
197,670 € La Mata Gaspar Perrelló, Los Europeos, Cabo Cervera, Cañada del Molino, Los Balcones - Los Altos del Edén

Total numer of housing property transactions in Torrevieja

  • 1st quarter 2018 1 321
  • 2nd quarter 2018 1 424
  • 3rd quarter 2018 1 114
  • 4th quarter 2018 1 402
  • 1st quarter 2019 1 217
  • 2nd quarter 2019 1 506

Prospects for the property market in Torrevieja

The huge number of properties available in Torrevieja makes the property market very dynamic. What is important, however, is that the prospects are constantly growing. For several years now, the situation has been favourable for property buyers and sellers. An unquestionable advantage of the property market in Torrevieja is the high availability of cheap properties. The prices of luxury properties in Torrevieja, including those located on the seashore, are comparable to the prices of small properties in the suburbs of non-touristic British cities. Therefore, for many years this market will certainly be very stable and will enable easy purchase or sale of flats to British residents

It is predicted that properties located on the Spanish coast and in tourist centres will enjoy the greatest interest. The high rate of return on investment of up to 10.5% (data from the Spanish Central Bank) should be a big incentive for foreign investors.

Lands for sale

The Spanish property market offers Lands for construction and commercial use. A construction land in Spain is an excellent investment for people who are captivated by the southern climate and would like to build a house in one of the coastal towns. Our offer includes lands for sale located in rural, suburban and urban areas - in the most popular resorts of Costa Blanca. A wide selection of lands allows us to match the best offer depending on the needs of a particular investor. Our offer includes both, small lands, ideal for the construction of a single-family house, as well as lands with a larger area, which will work very well when building a commercial unit, warehouse or industrial building. People planning a luxurious investment will also find the perfect offer. For these investors, we will select plots located in the most attractive locations on the Costa Blanca. You can be sure that we will find the right environment for your dream property.

Land Amenities

On our website you will find affordable lands for sale in Spain, equipped with all the necessary amenities. We provide access to plots of land with breathtaking views - invest and experience a truly Spanish climate. You are wondering what to pay attention to when buying a land in Spain? Here are the most important issues.

  • Conveniently located
  • Running water avaliable
  • Access to electricity
  • Easy road access
Land for sale in Spain
Spacious building land for sale in Spain

How to buy plots in Spain?

The situation on the Spanish property market is still extremely favourable for investors. This is a very good time to buy a land and build a property for your own use, or buy a commercial unit. We are well aware that the prospect of investing abroad may be intimidating. However, we are here to help you. We know the Spanish property market very well, therefore we can advise you on the perfect place for your investment. We will make the whole investment process much less complicated. We will advise you on how to obtain the best financing, we will help you to complete all the necessary formalities and legal issues. Contact us – we are on hand to answer all your questions.

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