Key Takeaways
- ✓ Torrevieja has 75+ resale and 65+ new-build properties currently for sale through OceanHome.
- ✓ Entry-level apartments start from €115,000; detached villas from €175,000.
- ✓ Average price per m² ranges from €1,500 inland to €2,800 beachfront.
- ✓ The largest buyer nationalities are British, Scandinavian, German and Belgian.
- ✓ New-build developments in the centre start from €144,000 for a one-bedroom apartment.
Market Overview
Torrevieja is one of Spain’s most active property markets for international buyers. The city offers a unique combination of low prices, excellent infrastructure, a large hospital, daily markets, and a microclimate officially rated among the healthiest in the world by the WHO. With Alicante airport 45 minutes away and Murcia airport 30 minutes, accessibility is excellent.
The market has two distinct segments: resale properties (the traditional stock of apartments, bungalows and villas built from the 1980s to 2010s) and a growing new-build sector with modern developments offering energy-efficient homes with contemporary finishes.
What €100,000–€150,000 Buys
This is Torrevieja’s entry-level bracket and it’s surprisingly competitive. You can find renovated one and two-bedroom apartments in the city centre, often with communal pool and within walking distance of beaches and shops. Properties in this range are popular with investors and first-time buyers looking for a base on the coast.
€128,000Renovated 2-Bed Penthouse in Centro
Torrevieja · Centro
€140,0002-Bedroom Apartment in Centro
Torrevieja · Centro
What €150,000–€300,000 Buys
The mid-range bracket opens up significantly more choice. Expect three-bedroom apartments near the beach, penthouses with sea views, or semi-detached villas with private gardens in residential areas like Los Balcones, La Siesta, and Parque de las Naciones. Many properties in this range have been recently renovated or are in excellent condition.
€169,000South-Facing 3-Bed Penthouse near Naufragos Beach
Torrevieja · Playa de los Naufragos
€249,900Renovated 3-Bed Villa in Parque las Naciones
Torrevieja · Parque las Naciones
Popular Neighbourhoods
| Neighbourhood | Character | Price Range |
|---|---|---|
| Centro | Urban, walkable, restaurants and shops | €120K–€280K |
| Playa del Cura / Acequion | Beach location, sea views | €140K–€350K |
| La Siesta | Residential, large expat community | €120K–€550K |
| Los Balcones | Quiet villas, community pools | €130K–€930K |
| La Mata / Torre la Mata | Beach village feel, natural park | €150K–€860K |
| Punta Prima | Coastal, near Orihuela Costa | €200K–€350K |
Rental Potential
Torrevieja’s strong tourism base and large seasonal population make it attractive for rental investment. Two-bedroom apartments in central or beach locations can achieve €500–€800/month in long-term rentals, or €500–€900/week during summer peak season. We do not publish specific yield percentages as these vary significantly by property, location and management approach. Speak to our team for current rental market data on specific listings.
For a full overview of the buying process, see our complete guide to buying property in Spain. To browse all Torrevieja listings, visit our Torrevieja properties page.