Houses in Torrevieja
You can buy a house in Torrevieja — a resort city with a population of over 100,000 on the southern Costa Blanca, in the province of Alicante — in three formats: bungalow, townhouse, or a detached villa, in areas ranging from quiet La Mata to premium Punta Prima. The "from €35,000" price that catalogues still advertise in 2026 applies only to studio apartments — for houses, the entry threshold has shifted to three‑figure amounts. Below — types of houses and prices by district for 2026, costs on top of the property price, the mortgage limit for non‑residents, and what to look for if buying for rental.
- 71m2
- 2
- 2
- 117m2
- 3
- 2
- 196m2
- 4
- 4
- 270m2
- 5
- 5
- 165m2
- 3
- 2
- 81m2
- 3
- 2
- 477m2
- 5
- 5
- 800m2
- 4
- 6
- 2
- 2
- 90m2
- 4
- 2
- 156m2
- 3
- 3
- 224m2
- 3
- 2
| District | Price | Type of property | Rental yield | Suitable for |
|---|---|---|---|---|
| La Mata | from €110 000 | bungalow or townhouse with a plot | up to 6.5% | quiet living, sandy beach |
| Centre / Playa del Cura | from €140 000 | townhouse within walking distance of the promenade | up to 8% | life without a car |
| Los Balcones / Los Altos | from €150 000 | villa with a pool | 5–8% | international community, long-term rental |
| Cabo Cervera / Playa de los Locos | from €170 000 | villa by rocky coves | 5–8% | premium coastal zone |
| Punta Prima | from €400 000 | new villas with a pool in gated complexes | 5–8% | premium, investment |
What types of houses are sold in Torrevieja
The housing market is divided into three formats. Bungalow — one or two storeys with separate entrances for different owners: the ground floor usually has a patio, the upper floor has a roof terrace‑solarium. Townhouse (chalet adosado) — a house with shared side walls with neighbours, but with its own small plot and parking. Detached villa (chalet independiente) — a completely standalone house with its own plot, garage and often a private pool. Typical floor area on the market — from 55 m² to 586 m² of living space, 3 bedrooms and 2 bathrooms on a plot from 33 m² to 1,300 m². A plot smaller than 60 m² almost always means a built‑in townhouse without a separate garden, not a villa — this is usually not reflected in the listing title, so the floor area should be checked separately in the description.
How to choose a district in Torrevieja by budget
Between the most affordable house and the villa by the sea, the price difference is not so much in floor area as in proximity to the coast and the type of development: an open street or a gated urbanisation with a pool. Comparing houses by price per square metre alone does not work here — the status of the complex and proximity to the beach matter more. For holiday rentals, the priority is Cabo Cervera and Playa de los Locos: higher turnover thanks to walking distance to the sea and stable summer demand. For quiet permanent living — La Mata, next to the natural park, where maintenance is usually cheaper than in coastal urbanisations.
How much a house in Torrevieja costs on top of the property price
For second‑hand housing in Torrevieja, on top of the house price allow 12‑14%: ITP tax — 9% since 1 June 2026 in the Valencian Community (was 10%), plus notary, registration in the property register and gestoría fees. If the house price exceeds €1,000,000 — and such villas exist in Punta Prima — the ITP rate rises to 11%, and this should be budgeted for in advance, rather than discovered at the notary on the day of signing the Escritura.
Annual expenses after buying a house in Torrevieja
After buying a house in Torrevieja, the annual IBI tax is 0.3‑1.1% of the property's cadastral value, not the purchase price, and these two amounts almost always diverge. A house in a gated urbanisation with a communal pool and garden also adds comunidad — a monthly fee for maintenance of the grounds, the amount of which is not fixed by law and depends on the specific complex.
Mortgage for a non‑resident in Torrevieja: what the bank will actually give
A bank in Spain approves a mortgage for a non‑resident without residency rights — based on NIE, passport and proof of income, but finances no more than 50‑70% of the house price. In practice, this means a down payment of around 40% of the property price, and it is this amount — rather than the fact of having residency — that most often cuts off some buyers even before viewing properties.
Golden Visa through buying a house in Torrevieja — why it no longer works
The Golden Visa through property purchase in Spain was closed on 3 April 2025 — even a villa in Punta Prima for €700,000 no longer grants residency rights under this programme. Already issued visas can be renewed under the previous conditions, but a new application through buying a house in Torrevieja cannot be submitted at any budget.
Where a house transaction in Torrevieja most often falls through
If the seller of a house in Torrevieja changes their mind after receiving a deposit (arras), under Spanish law they are obliged to return the deposit to the buyer in double the amount. This only works if the condition is set out in the contrato de arras — a verbal agreement with an agent is not sufficient for this, and a standard agency form does not always contain the necessary wording.
What to look for if buying a house for rental
Rental yields by district are in the table above, but the overall percentage does not show the main thing: summer rates from June to September are on average 45‑60% higher than winter rates, and it is this gap that determines whether the house pays off through short‑term tourist flows or through stable year‑round rentals to expats and remote workers. A house by the beach captures a short high season with peak rates, while a house inland gives a more even, though less peak, income throughout the year.
Los Balcones or La Mata: how to choose a district for your purpose
Los Balcones suits those who want peace and quiet and a villa with a private pool surrounded by an international community — and works better for short‑term tourist rentals thanks to the district's recognisability. La Mata — for those who choose a house closer to the natural park and salt lagoons, sacrificing distance to shopping centres in favour of quiet and lower competition among listings for long‑term rentals to expats in winter.
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Questions from property buyers
Yes, the NIE is a mandatory foreigner's identification number for any property transaction in Spain: without it, you cannot sign the Escritura before a notary or open a bank account. The process takes from a few days to three weeks, depending on the application method — in person at a police station or through a consulate.
With a full set of documents, a house transaction in Torrevieja takes 4–8 weeks. If the purchase is with a mortgage, the timeline extends to 12 weeks — the bank needs time for approval and its own valuation of the property, and this delay should be factored in advance if the seller is pressing for the Escritura date.
Yes, according to estimates by local agencies, Torrevieja is home to a Russian-speaking community of up to 60,000 people, so finding an agency or a lawyer who speaks Russian is not a problem, especially in the Los Balcones area and in the city centre.
Torrevieja has more than 300 sunny days per year and an average annual temperature of around 18°C — one of the mildest climates on the Costa Blanca, which keeps demand for houses in this city consistently high even outside the tourist season.
New builds in Torrevieja have a different tax regime: 10% IVA plus 1.4% AJD instead of ITP, and the reduced ITP rate of 9% for resale housing does not apply to them. At the same price, a new build costs 1–2 percentage points more in taxes.
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