Spain hosts multiple luxurious resorts known around the world. The Mediterranean coast attracts thousands of visitors offering outstanding opportunities.
But despite the seemingly identical natural conditions, each of the regions has its own characteristics, which is reflected, including the cost of real estate, which is quite actively bought by foreign citizens.
The Costa Blanca coast also has its own differences, and one of its most notable and famous cities is Torrevieja. Houses for sale in Torrevieja, Spain are affordable and profitable. No matter what budget you possess, you will definitely find a good housing unit.
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About Torrevieja in Spain
Torrevieja is part of the province of Alicante, which is the capital of the Costa Blanca. The area is famous for white sand on the beach and white coastal cliffs. Located between the mountains and the sea, the region has a unique climate.
Summers are quite warm, without extreme heat, and provide comfortable temperatures for enjoying water activities. In winter, the mountains close the city from the cold air masses, which makes it warm, without dramatic changes in temperature.
In the region you will not find clusters of high-rise residential buildings. As a rule, they consist mostly of 3-5 storey buildings. Near the town there are two salt lagoons with numerous species of rare birds. Another feature of the resort is its cosmopolitanism.
The city’s population is more than half consisted of foreigners (British, Scandinavians, Germans), which indicates a high demand for local real estate from non-residents.
Real estate prices in Torrevieja
Regardless of international popularity, real estate in Torrevieja is known to be one of the cheapest among Spanish resorts on the Mediterranean coast. The city hosts different types of properties in various sizes and styles. To get aware of relevant prices and have a look at various options, visit the website Spain-Real.Estate.
- Studios are available for €45,000-€50,000
- Two-bedroom apartments cost about €120,000-€200,000
- Villas and houses are available for about €100,000.
In general, the choice of a housing unit is purely an individual decision. The final conclusion depends on many factors, on the purpose of purchase mostly.
Regions to buy real estate in Torrevieja
The area of residence depends on your wishes and budget. It is obvious that real estate located near the sea is more expensive than in the city center. So you can save a considerable amount of money, up to 30%.
But if you still decide to buy real estate near the beach, the most popular area is the beach “Los Locos”. Here quite a wide range of apartments, among which you can look for cheap one-bedroom options or expensive apartments in new buildings.
For lovers of fun and wild life it would be better to buy real estate on the busiest street of the city near the Constitution Square, bearing the name Calle Caballero.
This is also Calle Ramon Gallud, which is the main street of the city. If you like a quiet holiday, it is better to look for residential areas near the park area. These are the neighborhoods of El Chaparral and Los Balcones.
Reasons to invest in Torrevieja
It is not without reason that the city’s population is composed mainly of foreigners. This serves as a kind of barometer that buying real estate here is a good deal. Of the advantages it should be noted:
- Inexpensive housing. It is much cheaper than in other cities on the coast.
- Excellent climate. Mild summers and warm winters are perfect for people from more northern countries.
- Beaches. The white soft sand on the city’s beaches is great for sunbathers.
- Parks. Torrevieja is characterized by numerous parks in which you can hide from the summer heat.
- Festivals. The city is famous for its music festivals, called habaneras.
- Infrastructure. Torrevieja has everything you need for normal life – hospitals, schools, entertainment facilities, supermarkets, etc.
On the whole
Torrevieja in Spain is a perfect variant for investments and life. The area is equally beneficial both for those who relocate to the country with family and for businessmen who intend to save and multiply their capital.
