Real estate in Torrevieja, Spain
Buying property in Torrevieja for expats is a smart solution from both a practical and a financial point of view. Torrevieja is one of the most attractive destinations for those who is thinking about buying property in Spain, and it is one of the most popular resorts in Spain. Torrevieja is located 50 km from Alicante, in the south of Costa Blanca.
This place attracts many foreigners thanks to its mild climate and relatively low property prices. In fact, about half of Torrevieja's residents are expats. Torrevieja is a cosmopolitan city that has become home to nationals of many countries.
Property for sale in Torrevieja, Costa Blanca
Torrevieja real estate prices 2021 are the most affordable of all on the east coast of Spain. The average price per square meter in the country as a whole is just over 1200 euros, in Torrevieja it is kept at 1100 euros on average.
Whatever your preferences, you can easily choose and buy property in Torrevieja, Costa Blanca, Spain in Torrevieja. Such housing will always be a relevant and profitable investment, because it is suitable both for living and for renting out all year round.
Torrevieja property prices
Buying property in Torrevieja for foreigners is a safe and affordable investment. Here you will find a wide range budget-friendly housing options. For instance, a studio unit with an area of 50 m² here will cost an average of €45 000- €50 000.
If you are interested in more spacious options, an apartment with two bedrooms can be purchased at the price of €60 000. The average price of a ready-to-move-in house is around €120 000 – €200 000.
Popular resorts for buying Spanish property in Torrevieja include Punta Prima, Campoamor and Cabo Roig.
Those who are looking for peace and quiet and a relaxing atmosphere, a freshly renovated villa within walking distance to the sea will be a perfect option. Its minimum price is about €100 000.
Real estate investment in Torrevieja
The choice of real estate for sale in Torrevieja is diverse, from cheap studio units to spacious beachfront villas and houses with a garden. Thousands of tourists come here every year, many of them prefer to rent a property rather than spend their holidays in a hotel. This leads to a high demand for property investment in Torrevieja, Spain. Thus, buying a buy-to-let home in Torrevieja is a profitable investment, with high rental yields and quick payback.
We will help you buy property in Torrevieja
If you are interested in buying a house in Torrevieja, get in touch with our team. We will help you choose the best property solution suiting your goals and budget. Apart from the largest database of verified property listings with up-to-date prices, we offer the latest property sales stats in Spain, city guides, and plenty of other important and useful information for property hunters and expats