While Torrevieja is rapidly developing and may seem somewhat atypical architecturally for Spain, it has its quirks. On the one hand, the poorly regulated urban development in the 1980s and 1990s led to haphazard construction by minor construction firms.

5 Places in Torrevieja I'd Never Buy Property + 2 Good Spots That Unfairly Have a Bad Reputation

+ 2 Good Spots That Unfairly Have a Bad Reputation

5 Places in Torrevieja I'd Never Buy Property

Buying property in another country is always fraught with complexities. One of the most significant factors to consider when purchasing residential or commercial real estate in Spain is taxes. Understanding the details will help you plan your expenses and avoid unpleasant surprises. In this article, we’ll cover the main taxes you will need to pay when buying property in Spain. Please note that the rates and taxes are specific to the Comunidad Valenciana region, including the provinces of Alicante, Valencia, and Castellón.

Taxes When Buying Property in Spain

Property in Spain

Spain has been among the top countries in life expectancy for decades, and its residents are considered some of the happiest and most cheerful people.

Spanish Cuisine For Happiness and Longevity

For Happiness and Longevity

Spanish Cuisine

The Spanish passport ranks an impressive third place in the current list of the world's most powerful passports, as it allows its holder to travel visa-free to more than 180 countries, including all European Union countries, the United States, Canada, and many countries in South America, Africa, and Asia

Spanish Citizenship: Who, When, and How?

Who, When, and How?

We often hear from clients who plan to wait for the real estate prices in Torrevieja to drop. Many who have been waiting for a price fall over the last five years are now regretting their missed opportunity. A few years ago, they could have bought a two-bedroom apartment, but now, with the same budget, they can only afford a studio. Is it worth waiting any longer? We believe not, and here are 5 reasons why.

5 Reasons Why Property in Torrevieja Won't Get Cheaper (4 Obvious and 1 Astounding)

5 Reasons Why Property in Torrevieja Won't Get Cheaper

Rise in Real Estate Prices in Spain in 2022

We Warned You

Any discussion about purchasing property in Spain inevitably leads to the problem of squatters: “Here’s a person who bought an apartment in Spain and barely had time to live in it before squatters rushed in, and there’s no controlling them. Everything’s lost. How unfortunate are those real estate owners in Spain by the sea, and in Europe in general, what a nightmare!”

Squatters in Spain Seized My Apartment

Swimming Pools: Private, Public, and Are They Really Necessary?

Torrevieja is a Spanish Mediterranean resort on the Costa Blanca coast in the province of Alicante. The city of Torrevieja is known for its unique microclimate, which has formed thanks to the sea on one side and two salt lakes-lagoons approaching the city from the other side.

Weather in Torrevieja

The mild and warm winter in sunny Spain has always been more attractive and pleasant for many. This year, however, the demand is driven not by a romantic mood, but by high electricity and gas prices across Europe. Germans and Czechs have already calculated that wintering in the warmth of Spain is much cheaper.

In Spain an Influx of Winter Visitors from Europe is Expected

Each one of us has at least once in our life dreamt of a little house or an apartment on the Mediterranean coast of Spain. And it turns out that it is not as complicated or expensive as it might seem at first glance.

Buying a House in Spain: Torrevieja, Alicante

Torrevieja, Alicante

Buying a House in Spain

The idea of buying property in Spain at first glance seems simple and clear. As it's known, fish seek deeper waters, and people seek better places. There are few places in the world with such a combination of advantages for living as on the Costa Blanca in Spain. So, why buy property in Spain?

5 Reasons Why People Buy Property in Spain

What is the annual percentage yield of rental real estate on the Costa Blanca? The Idealista portal published a new detailed analysis of the profitability of investment real estate in Spain, according to which the payback of investments in housing has increased by almost two points over the past 5 years.

Rental Profitability in Spain Has Increased

The most dubious criterion when choosing real estate in Spain. In fact, the price per square meter tells the buyer approximately nothing. The variation even within the same building can be up to 40%, and between houses of different construction periods in the same area, it can easily double. And comparing the price per square between different types of housing is completely pointless. Not to mention the distance from the sea.

Price per Square Meter

Choosing a country for permanent residence is no easy task, as it involves considering a multitude of factors. Above all, when moving, people want to live in a wealthy, safe country with a pleasant climate. Additionally, they assess the possibility of maintaining (or better yet, increasing) their income, favorable conditions for doing business, or the opportunity to find employment, as well as access to quality and affordably priced real estate.

Spain or Dubai

There are several options to obtain Spanish citizenship. Undoubtedly, it is easier to become a citizen of the country if you were born there, have married a Spaniard, or have been adopted by a resident of Spain. However, even those who have never been in the country and do not speak the language can obtain a Spanish passport. For this, it is necessary to reside in Spanish territory for 10 years with a residence permit.

Spanish Citizenship: 5 Legal Ways to Obtain It

Alicante, spread under the shining sun of Spain, has become a haven for lovers of the sea and beach leisure. Not just a tourist spot, Alicante also attracts those looking for a cozy place to live on the shores of the Mediterranean Sea without burdening themselves with excessive expenses.

The best areas of the city in Alicante

Alicante

Аликанте

Altea

Альтеа

Benidorm

Бенидорм

Bigastro, Algorfa

Бигастро, Альгорфа

Busot

Бусот

Villajoyosa

Вильяхойоса

Gran alacant, El Altet, Arenals del Sol

Гран Алакант, Эль Альтет, Ареналес-дель-Соль

Guardamar del Segura

Гуардамар дел Сегура

Denia

Дения

Calpe

Кальп

El Campello

Кампельо

Catral, Daya Nueva, Dolores

Катраль, Дайя-Нуэва, Долорес

Ciudad Quesada, Rojales, Benijofar

Кесада, Рохалес, Бенихофар

La Nucia

Ла-Нусия

Los Alcázares, San Javier

Лос Алькасарес, Сан-Хавьер

Los Montesinos

Лос Монтесинос

Orihuela Costa

Ориуэла Коста

Pilar de la Horadada

Пилар-де-ла-Орадада

Playa honda, La Manga

Плайя Онда, Ла-Манга

Polop

Полоп

San Miguel de Salinas

Сан-Мигель-де-Салинас

San Pedro del Pinatar, Lo Pagan

Сан-Педро-дель-Пинатар, Ло Паган

San Juan Alicante

Сан-Хуан-де-Аликанте

Santa Pola

Санта-Пола

Torrevieja y La Mata

Torrevieja & La Mata

Торревьеха и Ла Мата

Finestrat

Финестрат

Pool

Piscina

Бассейн

Sea views

Vistas al mar

Вид на море

Built-in wardrobe

Armario empotrado

Встроенный шкаф

Garage or parking

Garaje o aparcamiento

Гараж или парковка

Yard

Patio

Дворик

Urbanization

Закрытый комплекс

Storage room

Trastero

Кладовая комната

Air conditioning

Aire acondicionado

Кондиционер

Lift

Ascensor

Лифт

Furniture

Mueble

Мебель

First line

Primera linea

Первая линия

Garden

Jardín

Сад

Terrace

Terraza

Терраса

Nuevo

Новинка

New construction

Obra Nueva

Новостройка

Price reduced

Precio reducido

Цена снижена

Golden visa

Residencia para inversores

“Золотая” виза

Новый пункт меню

Cities

Ciudades

Города

Features

Opciones

Характеристики

Real Estate

La propiedad

Недвижимость

About Us

Nosotros

О нас

Helpful information

Los Artículos

Полезная информация

Contact Us

Contacta con nosotros

Контакты

Studying at universities in Spain

Estudiar en universidades de España

Обучение в университетах Испании

Buy housing in Spain inexpensively

Comprar vivienda en España mas barato

Купить жилье в Испании недорого

House in Spain

La casa en España

Дом в Испании

Southern Spain: mountains

España del sur: las montañas

Южная Испания: горы

What to buy in Alicante Spain

Lo que comprar en España

Что купить в Аликанте Испания

Holidays in Alicante reviews of tourists

El descanso en Alicante las reseñas de los turisticos

Отдых в Аликанте отзывы туристов,

Weather in Alicante

El tiempo en Alicante

Погода в Аликанте

Buy a house in Spain: Torrevieja, Alicante

Comprar la casa en España: Torrevieja, Alicante

Купить дом в Испании: Торревьеха, Аликанте

Bungalow

Бунгало

Urbanización

Primer linea

Cheaper than € 60,000

Más barato que 60.000 €

Дешевле € 60,000

New offers

Nuevas ofertas

Новинки

Golden Visa

Visa Dorada

"Золотая" виза

Reduced price

apartment-for-sale-in-spain-oliva-oliva-nova-area-2-bedrooms-80-m2