Properties for sale in Torrevieja

Property prices in Torrevieja

The average asking price in the town reached €2,931 per m² in September 2026, 13.8% above the same month of 2025. The peak so far was €2,980 per m² in June and July.

The catalogue shows where buyers who buy real estate in Torrevieja actually spend:

• up to €200,000 — 37% of listings, mostly apartments of 26 to 70 m² and small bungalows

• €200,000 to €300,000 — 28%, two- and three-bedroom apartments, terraced houses, bungalows with a garden

• €300,000 to €500,000 — 21%, penthouses, semi-detached houses, three-bedroom villas on plots of 200 to 300 m²

• €500,000 to €1,000,000 — 12%, detached villas with a private pool, new-build houses in gated residences

• above €1,000,000 — 3%, plots from 700 m², sea views, 4 to 6 bedrooms

The cost of property in Torrevieja also depends on the purchase route. A resale is taxed at 9% ITP in the Valencian Community since 1 June 2026, and 11% for a price above €1,000,000. A new build is subject to 10% VAT plus 1.4% stamp duty. Notary, land registry and legal review add 1% to 2%.

Listing prices are shown in several currencies for convenience, and the contract is always signed in euros.

Buyers with a limited budget can start with cheap property in Torrevieja.

Popular areas to buy property in Torrevieja

Torrevieja stretches along 20 km of coast between the salt lagoons and the sea, and its districts differ in price by almost 30%.

Asking prices, third quarter of 2026.

What each area is known for:

• Centro and Playa del Cura — the old town, the port, the promenade and the cheapest metre in town.

• Playa de los Locos and Cabo Cervera — a sandy beach with a Blue Flag, mid-rise residences, a short walk to the centre.

• La Mata — a separate village in the north with a 2 km beach and the lagoon natural park behind it.

• Nueva Torrevieja and Aguas Nuevas — inland quarters with terraced houses and bungalows around communal pools.

• Los Balcones and Los Altos — the hill in the south with the hospital, villas on plots of 300 to 800 m² and the highest price per metre.

• Punta Prima and Torreta — the southern border with Orihuela Costa, new-build villas and penthouses with sea views.

Property for sale in Torrevieja for permanent residence is usually chosen in Aguas Nuevas, Los Balcones or La Mata: schools, supermarkets and clinics within walking distance, and quieter streets in winter than on the seafront.

The wider coast is covered by our Costa Blanca section. Buyers who compare regions before deciding can open Costa del Sol, Mijas, Estepona or Catalonia.

Advantages of buying property in Torrevieja

Property in Torrevieja for foreigners is sold on the same terms as for Spanish citizens. There is no limit on the number of properties, no requirement to live in the country and no approval procedure. Property for sale in Torrevieja goes mostly to buyers from abroad: in the province of Alicante 46.43% of all purchases in the second quarter of 2026 were made by foreigners, the highest share in Spain.

Advantages of the town:

• more than 113,000 registered residents, 57.4% of them foreign nationals from 120 countries

• 6 Blue Flag beaches in 2026: Cala Piteras, Los Náufragos, El Cura, Los Locos, Cabo Cervera and La Mata Sur

• the natural park of the La Mata and Torrevieja lagoons, 3,700 hectares, next to the residential areas

• Alicante airport 45 km away, Murcia airport 35 km away, the AP-7 motorway along the coast

• a university hospital in the south of the town, international schools within 15 minutes by car

• English, Scandinavian languages, German and French are spoken in banks, clinics and estate agencies

Property in Torrevieja for expats works because of that population mix: shops, sports clubs and restaurants operate all year, not only in season.

Residence is handled separately from the purchase. The golden visa was abolished on 3 April 2025. Owners with passive income apply for the non-lucrative visa, around €2,400 a month plus €600 for each family member, and remote workers for the digital nomad visa, around €2,849 a month.

Property in Torrevieja for investment

Investing in property in Torrevieja rests on two streams of demand: seasonal tenants from May to October and year-round tenants from the foreign community. The average long-term rent in September 2026 is €12 per m² a month, from €11 in the centre to €15 in the urbanisations.

At current asking prices a gross yield on long-term rent comes to 5% to 6%. Studios and one-bedroom flats near the beaches sit at the top of that range, large villas at the bottom.

Properties in Torrevieja for investment are subject to the following rules:

• rental income of a non-resident is taxed at 19% for EU and EEA citizens and 24% for others

• a property that stands empty is taxed on imputed income of 1.1% of the cadastral value, or 2% where the value has not been revised

• a tourist licence is issued by the regional registry for 5 years and requires a certificate of urban compatibility from the town hall

• an owners' association can restrict tourist lets in its building by a three-fifths majority

Investment real estate in Torrevieja is not limited to housing. The section commercial property in Torrevieja holds more than 60 premises from €59,000 to €1,800,000: shops on the promenade, bars, offices and a 396 m² building with 9 bedrooms.