Villas for sale in Torrevieja

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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
  •  

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.

Villas for sale

A Spanish villa is a very comfortable single-family house. It may be a modern building, but but it may also have its historical past and individual character.  First of all, the villa must be spacious and comfortable. These type of properties are mostly associated with luxury. Villas in Spain very often include a large, atmospheric garden – a great place to relax and admire the picturesque views. Generally, they are not bare shell buildings. The architecutre of Spanish villas is very elegant, aesthetic and convenient. On the Spanish property market, you may find villas with modern equipment, as well as unfurnished properties for independent arrangement. Among the available offers you may find villas with 2, 3, 4 or 5 bedrooms. By using our site, you gain access to villas for sale in Spain from the secondary and primary market - we encourage you to familiarise yourself with the offers.

Villa Amenities

The villas in our offer include many amenities, which make the property even more convenient. Here are the examples of internal and external amenities that may be included in the property price.

  • A private swimming pool
  • A spacious garden
  • A kitchen with appliances
  • Furnished
  • A garage
  • A terrace
  • A panoramic view
  • Adapted for the disabled
  • A built-in barbecue
Modern villa interior
Villa in Spain - modern interior

How much do villas in Spain cost?

You are wondering how much does a villa in Spain cost? The price of this type of property is influenced in particular by the attractiveness of the location, area and region. Among the Spanish villa offers, you will find exclusive, modern properties and very affordable secondary market villas in the normal standard.

 

Average value of property transactions of the free housing market in Spain

  • 1st quarter 2018 145 297 €
  • 2nd quarter 2018 149 582,4 €
  • 3rd quarter 2018 152 095,1 €
  • 4th quarter 2018 153 179,7 €
  • 1st quarter 2019 152 023,4 €
  • 2nd quarter 2019 154 487,8 €

Who buys villas in Spain?

The dream of having your own home in southern Europe is now much easier to fulfill than you think. The Spanish property market is increasingly opening up to foreign investors. The British, Germans, French, Belgians, and Swedes are just a few of the nationalities that have been eagerly investing in homes in Spain in the recent years. Interestingly, in 2018, 1 in 8 of all sales in Spain were transactions made by foreigners.

 

Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain

  • New housing – 257 460,2
  • Second hand housing – 157 209,7
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