Torrevieja

Torrevieja is a coastal town in southeastern Spain, famous for its salt lagoons, beautiful beaches, and lively promenade.
Get Started

Property to Buy in Torrevieja, Spain: A Detailed Guide for Foreigners

Buying real estate in Torrevieja means seizing the perfect opportunity for investment in one of the most promising cities along the Costa Blanca. Torrevieja can offer all the attributes for a good lifestyle and investment, including: 

A Relaxed Mediterranean Atmosphere
Beautiful Beaches
Relatively Low Prices

This article will explain the following:

  • Why Foreigners are Interested in Torrevieja
  • The Advantages of Investment Here
  • How to Approach Property Taxes and Residency Opportunities

Ready to invest in Torrevieja? Apply for your Upscore Spain Finance Passport today!

Why Buy Property in Torrevieja?

See what makes Torrevieja so special:
Spanish Golden Visa Eligibility
Buying real estate worth 500,000 euros or more in Torrevieja offers an easy way to Spain’s Golden Visa. Homebuyers are rewarded with long-term residency that can allow family ties and movement around the Schengen Area.
Coastal Livability and Sunny Climate
Torrevieja is located in one of the most enviable Mediterranean climates anywhere in the world. Expect the following:
  • Over 300 Sun-Kissed Days Annually
  • Mild Winters
  • Closeness to Fabulous Beaches
Moderate Cost of Living
Living in Torrevieja is far more affordable than many other European destinations. From dining to transportation, you’ll enjoy a high quality of life for a fraction of the cost in the following cities like:
Scenic Coastal Living
Torrevieja is an extremely popular resort town. Thus, quite lucrative rentals, especially in summer, can be expected. Its popularity among European holidaymakers provides owners with a real possibility of consistent rental income.
Competitive Property Price
Property in Torrevieja is comparatively cheap compared with other parts of Spain. From apartments that have a sea view to large villas, all can be bought very reasonably.
Strong Long-Term Growth Potential
Although the Spanish property market experienced ups and downs, international buyers continue to eye real estate in Torrevieja. The popularity of the city as a tourist destination and for retirement lends credence to continued demand and appreciation over time.
Accessibility and Connection
The city of Torrevieja is well-connected, only a drive away from Alicante Airport, which offers direct flights throughout the cities of Europe and beyond. This accessibility makes it an attractive choice for:
  • Vacationers
  • Retirees
  • International Investors
Improve your Torrevieja investment strategy with Upscore’s Finance Passport!
Get Started

Can Foreigners buy Apartments in Torrevieja?

Yes, British and other foreigners can buy properties in Torrevieja. There are no restrictions in Spain regarding foreign ownership, and the Spanish government promotes foreign investment with various schemes – including the Golden Visa.

British citizens buying real estate in Torrevieja enjoy just as effortless an acquisition procedure as any other foreigner. Clearly, some of these steps are easier for those with either a Spanish bank account and/or residency, but many of the local lenders and agents have extensive experience in dealing with overseas buyers.

Torrevieja’s welcoming culture, incredible food, and lifestyle make it a desirable location for foreigners seeking a fresh start or a holiday home.

Finding a House in Torrevieja

Starting from cozy apartments with sea views to big villas with their own pool, everything can be found by a foreigner in Torrevieja, helped by well-developed real estate web platforms and local agencies serving foreign customers’ needs.

Visiting properties in person is highly recommended, as it provides a clearer picture of the location, surroundings, and property condition. While some foreign buyers rely on virtual tours, especially for off-plan properties, seeing the property firsthand ensures you’re making a well-informed decision.

FAQs

The prices of property in Torrevieja are very much location – and property-type – dependent. Generally speaking, apartments start at about 70,000 euros, while villas range from 200,000 to 500,000 euros plus.
Investment in property around Torrevieja – from the minimum 500,000 euros – allows residency and traveling privileges via a Spanish Golden Visa.
Yes, if you purchase property in Spain – including Torrevieja – you’re obligated to pay such taxes as a value-added tax for new properties or transfer tax for resales. Annual property taxes also apply.
Absolutely – Torrevieja is very popular with tourists, meaning that there is always a high demand for rentals, hence an excellent investment opportunity looking for letting income.
While not mandatory, it considerably simplifies the process with payments, taxes, and mortgage issues; the majority of international buyers open a Spanish bank account.

Get Personal Support in Torrevieja

Have questions about purchasing in Torrevieja? Reach out to our dedicated team for expert guidance that’s actually tailored to your needs!

Upscore's Benefits

Upscore’s Finance Passport makes life easier for anyone trying to own a house by offering customised mortgage solutions combined with professional advice.

Multiple Lenders

Compare different mortgage deals to find the best one available from local lenders.

Apply Anywhere

Our secure, online application puts you in control – apply for your mortgage anywhere, anytime.

Personalised Service

Work with a dedicated agent through the mortgage process.

Free to use

Upscore services are free, the commission comes directly from the lenders once a loan has been disbursed.

Explore Other Places in Spain

Andalusia

Andalusia is a diverse region in southern Spain, known for its rich Moorish heritage, flamenco music, stunning Alhambra palace, and vibrant cities like Seville and Granada.

Galicia

Galicia is a rugged region in northwest Spain, known for its lush landscapes, dramatic coastline and rich Celtic heritage.

San Sebastian

San Sebastián is a stunning coastal city in northern Spain, renowned for its beautiful beaches, vibrant food scene, and picturesque old town.

Start your application today

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Get Started
Instagram Facebook Linkedin

© – Upscore. All Rights Reserved.

Upscore Ltd is registered in England and Wales (Company number 14707637). Registered office: 1-2 Charterhouse Mews, London, England, EC1M 6BB.

Licensed by the Information Commissioner’s Office (Licence number ZB533439).

Upscore Ltd is authorised and regulated by the Financial Conduct Authority (FCA), reference number 1011029. Upscore is a credit broker, not a lender. All credit is subject to status. Upscore might receive a commission from the lender if you are accepted for a consumer credit product.

Register
HQ

Glasshouse, Alderley Park, Nether Alderley, Cheshire, SK10 4ZE.

© 2024 All rights reserved