How much does it cost to buy land and build in Torrevieja?
The total cost breaks down into land purchase + construction + professional fees:
Land prices: urban plots €50,000–150,000, rural plots €30,000–80,000. Purchase costs (ITP tax at 10%, notary, registry) add approximately 12–14% on top.
Construction costs: new-build villas in the Torrevieja area cost €1,200–1,800/m² for standard quality, or €1,800–2,500/m² for premium finishes. A 150 m² villa with standard finishes costs approximately €180,000–270,000 to build. Swimming pool adds €15,000–30,000 depending on size and finish.
Professional fees: architect (5–8% of construction cost), quantity surveyor/aparejador (3–5%), licencia de obra (3–5% of construction cost). Total professional and municipal fees: approximately 15–20% of construction cost.
Example total: 400 m² urban plot (€70,000) + 150 m² villa (€225,000) + pool (€20,000) + professional fees (€40,000) = approximately €355,000 for a custom three-bedroom villa with pool — comparable to a resale villa but built entirely to your specifications.