Torrevieja is the third-largest city in Alicante province, located in the south of Costa Blanca. The city is famous for its unique salt lakes La Mata and Torrevieja, which create one of the best microclimates in Europe, recognised by the World Health Organisation.
In 2026, Torrevieja's property market continues to grow, with prices rising 8–10% annually. The average price per square metre is around €2,800. Apartments start from €65,000, bungalows from €130,000, and villas with pools from €250,000.
Key advantages:
Torrevieja is divided into several popular areas, each with its own character and price range. Prices are for 2026.
Centro and Playa del Cura (from €140,000) — the city centre with a beach, promenade, and all amenities within walking distance. Ideal for car-free living.
La Mata (from €110,000) — an authentic Spanish area with a nature park and a long sandy beach. Peaceful atmosphere, popular with families.
Los Balcones and Los Altos (from €150,000) — an elevated suburb with panoramic views. Large international community, many new developments with pools and green areas.
Cabo Cervera and Playa Los Locos (from €170,000) — a premium coastal zone with rocky coves and upscale complexes.
La Siesta and El Limonar (from €65,000) — the most affordable area, popular with rental investors.
Aguas Nuevas and Torretas (from €85,000) — residential areas with good value for money.
Torrevieja's property market offers options for every budget — from compact studios to luxury villas. Current prices for 2026:
Studios — from €65,000. Compact homes for holidays or rental income, often in complexes with pools.
1-bedroom apartments — from €85,000. The most popular format for investment and leisure.
2-bedroom apartments — from €120,000. Ideal for families and long-term living.
Penthouses — from €160,000. Spacious top-floor apartments with terraces and sea views.
Bungalows — from €130,000. Single or two-storey homes with private plots, popular in suburban areas.
Townhouses — from €200,000. Spacious 2–3 storey homes with terraces and parking.
Villas with pool — from €250,000. Detached homes for those who value space and privacy.
Torrevieja remains one of the most affordable resort cities on Spain's Mediterranean coast. In 2026, the average price per square metre is around €2,800, with prices rising steadily at 8–10% per year.
Prices by area (2026):
For comparison: Barcelona — around €5,500/m², Madrid — around €6,200/m². Torrevieja is 2–2.5 times cheaper with a comparable climate and quality of life.
Cost of living for a couple — €1,400–2,000 per month (excluding rent), including food, transport, utilities, and entertainment.
Torrevieja is one of the leaders in rental yields on the Costa Blanca. A steady flow of tourists and expats ensures investment returns of 5–8% annually.
Rental rates in 2026:
Why rental is profitable:
An apartment bought for €85,000 rented at €650/month yields over 7% annually — one of the best returns on the coast.
Torrevieja is one of the few Mediterranean cities where you can buy quality housing at an affordable price. Budget options are concentrated in several areas.
Up to €85,000:
€85,000–140,000:
Money-saving tips:
Torrevieja boasts one of the best microclimates in Europe, recognised by the World Health Organisation. The salt lakes regulate air humidity, creating a therapeutic atmosphere — this is why many people buy property here for year-round living.
Climate in numbers:
By season:
Torrevieja's climate allows you to enjoy terraces and pools nearly all year round — an important factor when choosing property.
Torrevieja is one of the most sought-after cities on the Costa Blanca for international property buyers. Located in the south of Alicante province, the city enjoys a mild Mediterranean climate with over 300 sunny days per year and average winter temperatures of 16 °C.
Torrevieja offers some of the best property prices on Spain's Mediterranean coast combined with excellent infrastructure. The city has everything for comfortable living: supermarkets, medical centres, international schools, restaurants, and shopping centres. A large international community makes settling in remarkably easy.
Property prices in Torrevieja are rising steadily at 8–10% per year. The average price per square metre is around €2,800. Apartments start from €65,000, bungalows from €130,000, and villas from €250,000. Rental yields of 5–8% annually make the city attractive for investors.