Torrevieja is one of the most sought-after apartment markets on Spain's Costa Blanca. With over 80,000 residents and a large international community, the city offers a stable real estate environment with consistent demand from buyers across Europe.
In 2026, the apartment segment accounts for roughly 60% of all property transactions in Torrevieja. The market splits into two tiers: affordable resale apartments built in the 1990s–2000s (from €120,000) and modern new-build developments with energy-efficient designs (from €150,000). Average price per square metre stands at €1,800–2,200 depending on location and condition.
Torrevieja benefits from excellent transport links — Alicante-Elche airport is 40 minutes away, and the AP-7 motorway connects the city to Valencia and Murcia. The two salt lakes (Salada and Torrevieja) create a unique microclimate recognised by the WHO, contributing to 320+ sunny days per year.
Centro / Habaneras — the heart of Torrevieja with walking distance to Playa del Cura beach, shopping centres, and restaurants. Apartments here hold value well due to constant demand. One-bedroom from €120,000, two-bedroom from €150,000.
Playa del Cura / Paseo Juan Aparicio — the main tourist promenade. High demand for short-term rental with occupancy up to 80% in summer. Higher prices but rental yields of 6–8% annually.
La Mata — a quieter, family-friendly area in the north with its own beach and natural park. Prices are 15–20% lower than in the centre. Popular among retirees and families. One-bedroom apartments from €110,000.
Aguas Nuevas / Torreta — residential areas slightly inland with large urbanisations and communal pools. Best value for space — two-bedroom apartments from €115,000. A 10–15 minute walk to the beach.
Los Balcones / Punta Prima — southern Torrevieja, bordering Orihuela Costa. Modern complexes with sea views, rooftop terraces, and well-maintained gardens. Two-bedroom from €150,000.
Torrevieja remains one of the most affordable coastal cities in Spain. Here is a breakdown of apartment prices by type in 2026:
One-bedroom apartments (40–55 m²): resale from €120,000–160,000. These are the most liquid segment — easy to buy, easy to rent, easy to sell. Popular among singles, couples, and investors targeting short-term rental income.
Two-bedroom apartments (60–85 m²): the most popular category. Resale from €130,000–180,000, new-build from €160,000–220,000. Ideal for families and long-stay buyers who want a comfortable permanent residence.
Three-bedroom apartments (80–110 m²): resale from €120,000–180,000, new-build from €200,000–300,000. Often found in gated communities with pools, gardens, and underground parking.
Compared to Alicante city (€2,800/m²) or Benidorm (€2,500/m²), Torrevieja's average of €1,800–2,200/m² offers exceptional value. Annual price growth averages 5–7%, outperforming many inland Spanish cities.
Spanish apartment layouts differ noticeably from Northern European standards. Most Torrevieja apartments feature open-plan living areas combining the lounge, dining zone, and often a semi-open kitchen — designed to maximise natural light from the balcony or terrace.
One-bedroom (1 dormitorio): typically 40–55 m², with a combined living-kitchen area, one bathroom, and a balcony or small terrace. Some older buildings offer enclosed galería (glazed balcony) used as a laundry area or extra storage.
Two-bedroom (2 dormitorios): 60–85 m², usually with a master bedroom featuring a built-in wardrobe, a second smaller bedroom, one or two bathrooms, and a terrace of 6–12 m². Corner apartments often have dual-aspect windows, providing cross-ventilation — a valuable feature in summer.
Three-bedroom (3 dormitorios): 80–110 m², often with two bathrooms (one en-suite), a larger terrace, and sometimes a separate utility room. Ground-floor apartments may include a private garden of 20–40 m².
When viewing, pay attention to orientation: south-facing apartments get the most sun, east-facing are cooler in the afternoon, and top-floor units may need extra insulation or air conditioning.
Many resale apartments in Torrevieja are sold fully furnished, which can save €5,000–15,000 on initial setup. However, if you plan a renovation, Torrevieja has a well-established network of builders, interior designers, and furniture shops catering to international buyers.
Air conditioning is essential — summer temperatures reach 34°C. A split-system unit costs €600–1,200 installed. Most newer apartments come pre-wired, making installation straightforward. For apartments with two or more rooms, a multi-split system (€1,500–2,500) is more efficient.
Kitchen renovation is the most common upgrade. A full kitchen refit with modern appliances costs €3,000–8,000. IKEA in Murcia (45 min drive) and local suppliers offer competitive options. Many buyers keep the existing layout but replace countertops, tiles, and appliances.
Furniture: budget €2,000–5,000 for a one-bedroom apartment. Local chains like Muebles Boom offer delivery across Torrevieja. For premium options, the Alicante furniture district on Carretera de Ocaña has showrooms from Spanish manufacturers.
Terrace upgrade: enclosing a terrace with aluminium and glass (€1,500–3,000) creates extra living space — popular for dining areas or a reading nook with sea views.
Torrevieja is one of Spain's top rental markets thanks to year-round tourist flow and a large population of long-term renters — retirees, remote workers, and seasonal residents from Northern Europe.
Short-term tourist rental (summer): a one-bedroom apartment near the beach generates €500–800/week in July–August. Two-bedroom apartments with a pool earn €700–1,200/week. Occupancy June–September reaches 75–90%.
Long-term rental (annual): one-bedroom apartments rent for €450–650/month, two-bedroom €600–900/month. Demand is especially strong September–June from European retirees escaping winter.
Gross rental yield averages 5–8% annually, with tourist-focused properties near the beach performing best. A €100,000 apartment generating €600/month in long-term rent delivers a 7.2% gross yield.
A tourist licence (Licencia Turística) is required for short-term rentals under 10 days. Application through the Valencian Community portal typically takes 2–4 weeks. Without a licence, long-term rental (contracts of 1+ year) remains a reliable income strategy.
Buying property in Spain as a foreigner is straightforward. The entire process from first viewing to receiving the keys typically takes 4–8 weeks. Here are the essential steps:
1. NIE number — your foreign identification number, required for any financial transaction in Spain. Apply at the nearest police station or Spanish consulate. Processing takes 1–3 weeks.
2. Spanish bank account — needed for paying taxes, utilities, and the community fees. Most banks welcome non-resident clients; bring your passport, NIE, and proof of income.
3. Reservation and deposit — once you find the right apartment, a reservation contract secures it with a deposit of €3,000–6,000. This takes the property off the market while your lawyer conducts due diligence.
4. Notary and Escritura — the final step. Both buyer and seller sign the deed (Escritura) before a public notary. You pay the remaining balance, and the notary registers the sale. Total buying costs (taxes + notary + registration) add approximately 10–13% on top of the purchase price for resale properties, or 1.5% for new-builds (IVA at 10% applies instead of ITP).
Spain's Costa Blanca offers one of Europe's most attractive apartment markets. With over 300 sunny days a year, excellent infrastructure and competitive prices compared to other Mediterranean destinations, buying an apartment here is a sound decision.
Most apartment complexes include communal swimming pools, landscaped gardens, and secure parking. Many developments are within walking distance of the beach, shops and restaurants. Popular areas include Torrevieja, Orihuela Costa, Guardamar del Segura and Villamartin.
Prices for apartments in Spain start from around €70,000 for a 1-bedroom and go up to €450,000+ for luxury penthouses. The buying process is straightforward for foreign buyers, with no restrictions on property ownership. Running costs are reasonable, with community fees typically ranging from €50 to €150 per month.
18.03.2026
Torrevieja is one of the few places on the Spanish coast where you can buy a property near the sea for €80,000-150,000. We break down what you can realistically buy in each price range, where to look, and what additional costs to expect.
17.03.2026
A studio is the most affordable entry into the Spanish property market. In Torrevieja you can buy a studio from €80,000 and earn 7-10% annual rental yield. We cover studio types, 2026 prices, best areas and real returns.
