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Investing in real estate in Spain on the Costa Blanca, Torrevieja: overview of options and benefits

Torrevieja (Spanish: Torrevieja) – a significant resort, health and tourism center in Spain. The municipality and city of Torrevieja are only 50 km from Alicante – capital of the region of the same name. 

The area is part of the southern Costa Blanca. There are ideal climatic conditions here, which means the place is suitable for investing in real estate. Today we will introduce you to some options. In addition, we will explore the advantages of buying commercial and residential properties in this part of Spain and tell you how to make a profitable deal.

Torrevieja: a brief overview of residential areas

The structure of the city is made up of residential areas. Here you will find suitable options for purchasing real estate. Russian buyers usually consider offers for apartments, townhouses and villas located directly by the sea.

There are several groups of residential areas. These include:

  1. 7 seaside districts in the south-eastern layout of the city. They are located along the Mediterranean coast of the Costa Blanca. 
  2. The central planning zone consists of the Nueva Torrevieja and Aguas Nuevas districts.
  3. The northern planning zone is represented by Torreblanca. The area is located on the border with the city of La Mata. 
  4. The western part of the city consists of the protected areas of the Parque Natural la Mata Torrevieja and residential areas of the Acequión, La Siesta, El Salado and Torreta districts.

Construction work is actively underway in each of the zones. Here you can buy both secondary and new housing or a commercial property. Russians give preference to low-rise buildings. Thus, it is possible to ensure the privacy of the territory.

Overview of real estate in Torrevieja by the sea

Residential and commercial properties have been built along the 20 km long coastal strip of the Costa Blanca. There is a comfortable beach area, entertainment infrastructure facilities, and walking areas. 

Buying property in Torrevieja by the sea means it is a profitable investment. Accommodation is always in demand among tourists. You can rent it out profitably and receive a stable income.

We present a brief description of the residential areas of Torrevieja:

  1. Urbanización Cabo Cervera. Located by the sea on the hill of the same name. The area runs parallel to José Zorrilla Avenue.
  2. Urbanización los Frutales. The area is located parallel to Paris Avenue. It stretches to picturesque bays – ideal diving spots. This area is of interest to those who engage in professional scuba diving.
  3. Urbanización Playa de los Locos. Located near Paris Avenue. The property is located near the popular Los Locos beach. It is famous for its clean water area and convenient entry into the sea. This is an ideal place for families with children. 
  4. Urbanización Playa del Cura. Located near the popular and visited city beach of the same name. The area has a developed service infrastructure. Most tourist routes start here. Buying real estate in this area – profitable investment. Housing and commercial properties are always at a premium here.
  5. Centro. A cozy and comfortable residential area with equipped places for organizing recreation and leisure. The famous port complex Puerto deportivo Marina Salinas is located here. Real estate in Centro will be of interest to businessmen and yachting fans. You will be able to moor your boat close to your home. All conditions have been created for this.
  6. Urbanización Los Naúfragos. The southernmost district of Torrevieja. It occupies the territory between the south-eastern Mediterranean coast and the city beaches of Playa Los Naúfragos, Playa del Acequión and the interregional highway N -332. Just 800 m away is the famous “pink” Lake Laguna Salada de Torrevieja. The proximity of attractions and the abundance of places for beach holidays contribute to consumer demand. Russians are actively purchasing residential and commercial premises in the southernmost part of Torrevieja.

Real estate in Torrevieja by the sea – successful investment. Here you can spend your time on vacation. In addition, it is much easier for homeowners to obtain citizenship of this amazing country. There are great opportunities for doing business here.

Features of Torrevieja

Torrevieja – small, cozy resort town. Its population is just over 80 thousand people. This region of Spain is considered one of the best places to live.

Torrevieja – beautiful place. There are unique salt lakes here. They fill the air with healing microelements. 

The beaches of Torrevieja regularly receive blue flags. – symbols of cleanliness and neatness. Local residents are proud of their city and maintain order with the active participation of the authorities.

The areas of Punta Prima and La Mata are less busy during the tourist season. This is where Russians prefer to buy real estate. The beaches are located within walking distance. 

During the season there is a high tourist attendance. But in Torrevieja there are many places for a secluded holiday. You will definitely get to know them if you decide to buy real estate here.

The highlights of Torrevieja are:

  1. Parque de las Naciones. A protected park located in the city center.
  2. Torre del Morro. Tower – symbol of Torrevieja. This ancient structure was used to protect the city.
  3. Lagoons of La Mata and Torrevieja. A natural reserve that includes two unique lakes. The water in them is green and pink. This shade is given by salts and some water inhabitants.
  4. Water park "Aquapolis". This is a popular and favorite entertainment place for both adults and children. You should definitely come here on your first trip to Torrevieja. You will definitely want to stay here forever.
  5. Museum of Sea and Salt. The district's business card. She talks about the development of salt mining as a city-forming industry. There are many interesting exhibits here.

Torrevieja is conducive to a peaceful life. It's safe and quiet here. It is noteworthy that opportunities remain to conduct business. 

The district is the largest salt production center. This is a good option for business relocation. Own housing will allow you to receive a number of privileges and conduct business without restrictions. The average cost of housing in Torrevieja is 65-70 thousand euros. At the same time, you will live in close proximity to the sea.

Why is it profitable to buy property in Torrevieja?

In Torrevieja, both secondary housing and new buildings are available. Specialists from an agency focused on cooperation with Russian buyers will help you select suitable options. 

Here a new office has been opened. You can get acquainted with the offers and consult with employees online via the link. 

Specialists will prepare objects for inspection before your arrival. Already on the first day, if you wish, you will be able to conclude a deal.

The benefits of buying property in Spain in Torrevieja were appreciated by the agency’s clients. They noted the following advantages:

  1. There is no language barrier. Local residents treat Russians kindly and try to provide all possible assistance. In addition, there are many of our compatriots here.
  2. The climate is conducive to relaxation. It's sunny and warm here. The proximity of the sea allows you to regularly visit the beaches. This is an ideal area for families with children. Sea air and bright sun have a positive effect on health. Torrevieja has the maximum number of sunny days in a year.
  3. The region has a calm atmosphere. Mostly middle-aged people live here. They prefer silence. Noisy young people choose other places to hang out.
  4. Real estate in Spain is always in demand. This is a profitable investment. You can rent out housing or a commercial property and ensure a comfortable existence in Russia.
  5. Torrevieja has the lowest real estate prices. The abundance of choice is amazing. Here you will find both villas and city apartments at affordable prices.

Russians say that they can conclude a deal and become a homeowner in just two days. Realtors work quickly. In this case, the personal presence of the buyer is not necessary.

Torrevieja is unofficially called “the capital of the Russians.” More than half of the residents are Russians. They bought real estate here for personal use or as a means of preserving and increasing capital.

Taxes in Spain
Warm climate, sea, eternal siesta — this is what attracts many tourists to Spain. What about business relocation? And most importantly: how to pay Spanish taxes? A question that worries everyone who at least once thought about moving. This article ha...
22 March 2023
Laundry for business in Torrevieja
The ALICANTE REAL ESTATE real estate agency opens a laundry service for hotels, inns, hostels and other establishments in the city of Torrevieja (Spain). We provide high quality laundry service. Initially, the laundry ECO BLANCO was used by us to sol...
12 January 2023
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