Buying an Apartment in Torrevieja – Complete Guide with Prices by Area 2026

A two-bedroom apartment in central Torrevieja starts from 120,000 euros. The average price per square metre stands at 2,719 euros (Q1 2026), making the city one of the most affordable Mediterranean options for Swedish buyers. Prices have risen by 4.3 percent over the past year following a period of double-digit growth, and rental yields range from 5.5 to 7 percent depending on size and location. The community fee for a typical apartment with a shared pool comes to 40–60 euros per month. In this guide we go through prices by area, compare new-build with second-hand, and give you everything you need to make a well-informed decision.

What does an apartment in Torrevieja cost in 2026?

Apartment prices in Torrevieja vary considerably between areas. Beachside apartments in Playa del Cura and Centro cost more per square metre than properties in La Mata or in new-build complexes further from the coast. Here is an overview based on current market prices during the first quarter of 2026.

Prices by size – what does a studio, one-bed and two-bed cost?

Beyond location, the size of the apartment plays a decisive role. Here are typical price ranges by size in Torrevieja during 2026.

The price range within each category is wide. A studio near Las Piscinas Naturales can cost 198,000 euros for 38 square metres (5,200 euros per square metre), while a studio on the outskirts of the city centre can go for 85,000 euros. The difference comes down to location, condition, terrace, sea view and whether the building has a pool.

Price development 2022–2026 – has the train already left?

Price growth in Torrevieja has been strong in recent years, but the pace has moderated during 2026.

Prices have risen 39 percent in four years. But the transition from double-digit growth to 4.3 percent during 2026 suggests the market is stabilising. It is still a healthy growth rate driven by international demand, infrastructure investment and limited supply — not speculation. For anyone considering buying, all indicators suggest prices will continue upward, albeit at a calmer pace.

Which areas have the best apartments?

The choice of area determines not only the price but also your daily life — city buzz or beach life, rental potential or quiet retirement. Here is a breakdown of the best areas for apartment buying in Torrevieja.

Centro – city life and walkability to everything

Torrevieja's city centre offers the most complete range of restaurants, shops, markets and services. Apartments here average 2,460 euros per square metre — slightly below the municipal average — which is due to the stock consisting largely of older buildings. The advantage is that everything is within walking distance: the beach, the marina, Mercadona, pharmacies and the hospital.

Suits you if: you want to live permanently, love city life, want to manage without a car.

Investment perspective: Strongest year-round occupancy for rentals thanks to tourists and expats throughout the year. A two-bed in Centro generates around 800 euros per month in rent with a 6 percent gross rental yield.

Playa del Cura – beachside living in the front row

Playa del Cura is Torrevieja's most central beach with the Paseo Juan Aparicio promenade. Apartments here cost approximately 2,536 euros per square metre and demand is stable. The area has a mix of renovated older apartments and newer buildings, with plenty of restaurants and bars.

Suits you if: you prioritise proximity to the beach combined with city life.

Investment perspective: Among the highest nightly rates for short-term lets — approximately 93 euros per night on average. Perfect for Airbnb during high season.

La Mata – Torrevieja's best beach at a lower price

La Mata lies north of Torrevieja city centre and has one of the Costa Blanca's best beaches — over two kilometres long with Blue Flag certification and natural sand dunes. Prices per square metre are around 2,280 euros, which is 15–20 percent lower than central Torrevieja. The area has a calmer atmosphere with an authentic Spanish character.

Suits you if: you want peace and quiet, prioritise beach quality, plan to live permanently.

Investment perspective: Lower prices potentially deliver higher yields on long-term lettings. Studios from 600 euros per month in rent give a gross yield of almost 7 percent.

Punta Prima – modern standards and a resort feel

Punta Prima lies on the border with Orihuela Costa and has Torrevieja's newest housing stock. Here you find modern apartments with glazed terraces, solarium and infinity pools. The price per square metre stands at 2,713 euros with the strongest price growth in the municipality — 7.6 percent over the past year.

Suits you if: you want new-build with modern standards, a pool area and a resort style.

Investment perspective: Strongest price growth, making it the best area for capital appreciation. Two-beds generate around 850 euros per month in rent.

Playa Flamenca – golf courses and an international community

Playa Flamenca is technically in the municipality of Orihuela but functions as part of the southern Costa Blanca belt. The area has a strong international community with golf courses, a shopping centre and good infrastructure. Prices are around 2,700 euros per square metre.

Suits you if: you want an international neighbourhood with golf courses and an established expat community.

Investment perspective: Stable demand from northern European tourists and long-term residents, particularly during the winter season.

New-build or second-hand – which is best?

This is one of the most important questions for anyone buying an apartment in Torrevieja. Both options have clear advantages and disadvantages, and the choice affects everything from price and taxes to running costs and location.

The price difference – 15 to 20 percent

New-build in Torrevieja costs on average 15–20 percent more than comparable second-hand apartments. A newly built two-bed in a modern complex with a pool starts at around 219,000 euros, while a second-hand two-bed of equivalent size in the city centre can go for 130,000–160,000 euros. Nationally, the average price for new-build apartments stood at 2,528 euros per square metre compared with 1,750 euros for second-hand during 2024 — a difference of 44 percent.

Purchase taxes – almost equivalent

The tax structure differs but the total cost is similar.

In the Valencia region stamp duty is only 0.1 percent, which means the total tax burden is essentially identical for new-build and second-hand apartments.

Energy and running costs – new-build saves money

New-build apartments have energy rating A or B, meaning triple glazing, modern insulation and efficient climate systems. A new-build apartment uses electricity costing 40–50 euros per month, while an older apartment from before 2010 with poor insulation and single glazing can cost 70–80 euros during the summer months when air conditioning runs at full blast.

Warranties – ten years of peace of mind with new-build

New-build in Spain is covered by the LOE Act (Ley de Ordenación de la Edificación), which provides:

• 10-year warranty on the structural elements
• 3-year warranty on habitation quality (damp, insulation, installations)
• 1-year warranty on finishes and surface materials

Second-hand apartments are sold as seen without warranties. An independent survey (800–2,500 euros) is strongly recommended for buildings older than 15 years.

Location – second-hand wins on central positions

The decisive advantage of second-hand apartments is location. New-build in Torrevieja is concentrated in peripheral areas — primarily the La Hoya development with 7,400 homes being delivered progressively from 2025. The best central locations in Playa del Cura, Centro and beachside La Mata are already fully built up. If you want walking distance to the beach and complete services around the corner, a second-hand apartment is in most cases the only option.

How high is the monthly community fee?

The community fee (gastos de comunidad) is one of the running costs that Swedish buyers often underestimate. The fee covers maintenance of shared areas, the pool, garden, lift, lighting and building insurance. Here is what to expect.

Community fees by building type

A typical two-bedroom apartment with a shared pool in Torrevieja pays 40–60 euros per month. That equates to 480–720 euros per year — a fraction of what a villa with a private pool costs to maintain.

What else does it cost to own an apartment?

In addition to the community fee there are several running costs to factor in.

This means a total running cost of approximately 150–290 euros per month for a typical two-bedroom apartment. That is considerably lower than comparable properties in Stockholm or Gothenburg — and you get sun 300 days a year and a shared pool into the bargain.

How high is the rental yield?

Torrevieja is one of the Costa Blanca's strongest rental markets, with a combination of tourist demand in summer and expat residents in winter. Here is what you can expect in terms of yield.

Long-term letting – stable income year-round

A two-bedroom apartment bought for 160,000 euros and let for 800 euros per month generates 9,600 euros per year — a gross yield of 6 percent. The net figure after community fees, taxes, insurance and maintenance comes to approximately 3.5–4 percent, which is still competitive compared to most European markets.

Short-term letting (Airbnb) – higher income, more work

The Airbnb market in Torrevieja has grown strongly. The median income per property is 21,000 euros per year with an average occupancy of 62 percent. The average nightly rate is 90 euros — an increase of 35 percent in one year.

The most profitable areas for short-term letting:

Centro has a lower nightly rate but higher occupancy — which can deliver an equivalent total income. El Acequión and Torreta have a higher nightly rate but face competition from more active listings.

Calculation example: investment in a two-bed in Centro

With an average price increase of 4.3 percent per year, the total return (rent plus appreciation) is approximately 8–9 percent annually — on a par with or better than average equity market returns, but with a physical asset that can also be used as a holiday home.

The purchase process step by step

Buying an apartment in Spain works differently from Sweden. Here is a summary of the most important steps.

1. Obtain your NIE number

The NIE (Número de Identidad de Extranjero) is mandatory for all foreign buyers. Apply at the Policía Nacional in Torrevieja or through the Spanish embassy in Stockholm. Processing time: 1 day to 3 weeks.

2. Open a Spanish bank account

With your NIE you can open an account at CaixaBank, BBVA, Sabadell or Santander — all have branches in Torrevieja with multilingual staff. The account is needed for the deposit, taxes and running costs.

3. Hire a lawyer

An independent property lawyer (abogado inmobiliario) costs 1,200–3,000 euros and is your most important investment. The lawyer checks the land registry, identifies debts, reviews the contract and represents you at the notary signing. In Spain anyone can call themselves an estate agent without a licence — your lawyer is your safety net.

4. Find an apartment and reserve it

When you are interested, a reservation contract (reserva) is signed with a deposit of 3,000–6,000 euros. The property is taken off the market for 1–2 weeks. The deposit is normally non-refundable.

5. Legal review (due diligence)

The lawyer obtains a Nota Simple from the land registry and checks ownership, mortgages, debts, building permits and any easements. Pay particular attention to community debts and unauthorised extensions.

6. Contrato de Arras (purchase contract)

The formal purchase contract with 10 percent deposit. If you withdraw you lose the deposit. If the seller withdraws they must return double the deposit.

7. Notary signing (Escritura Pública)

Buyer and seller meet at the notary's office. You pay the remaining purchase price by bank cheque and receive the keys. The documents are sent to the land registry.

Total purchase costs beyond the price

Budget for 10–13 percent in additional costs.

Calculation example: apartment for 140,000 euros

You therefore need 17,300 euros (12.4 percent) on top of the purchase price. If you take out a mortgage and need a 30–40 percent deposit, you require at least 59,000–73,000 euros in your own funds.

Mortgages in Spain – what applies to Swedish buyers?

Spanish banks offer mortgages to non-residents, but the terms differ from Sweden.

• Loan-to-value: Max 60–70 percent of the property's value
• Rate (fixed): 2.9–4.9 percent
• Rate (variable): Euribor (2.1 %) + bank margin
• Term: Max 20–25 years, final payment by age 70–75
• Documentation: Pay slips, tax returns, bank statements, credit report (all translated into Spanish)

Currency risk: If you earn in kronor but pay in euros you are exposed to exchange rate fluctuations. The SEK/EUR rate has varied enough in recent years to create a difference of 1,700+ euros per year on a monthly repayment of 1,200 euros. Consider forward contracts via specialist currency services.

Common mistakes when buying an apartment in Torrevieja

1. Skipping the lawyer

The most expensive mistake you can make. Unpaid community fees, illegal extensions or disputed ownership — all of this is identified by a lawyer but easily missed by an inexperienced buyer.

2. Underestimating the community fee and special assessments (derramas)

A community fee of 50 euros per month can seem cheap. But if the building needs a new roof, lift or facade renovation, the community can decide on a special assessment (derrama) of 3,000–10,000 euros per apartment. Always ask for the minutes of the most recent annual general meetings before buying.

3. Buying without checking rental rules

Not all homeowners' communities allow short-term letting. Some have introduced bans or restrictions. If you are buying to let via Airbnb, check the bylaws and the municipality's rules before signing.

4. Expecting Swedish standards

Spanish apartments are built differently. Older apartments often have smaller bathrooms, narrower corridors and simpler kitchens. Build quality varies more than in Sweden. Always inspect in person or through a representative.

5. Ignoring the tax implications in Sweden

If you own a property in Spain and are tax-resident in Sweden, it can affect your tax return. Rental income must be declared in both countries (with a credit for double taxation). Consult a tax adviser who understands both Swedish and Spanish taxation.

Torrevieja compared with other areas

Torrevieja's strength is the combination of low prices, high rental yields and full infrastructure. It is not a tourist resort that closes in winter — it is a city with 80,000+ residents, a hospital, schools and everything you need.

Summary – is Torrevieja the right choice?

Torrevieja is the most affordable beachside option on the Costa Blanca for Swedish apartment buyers. With an average price of 2,719 euros per square metre, stable price growth of 4.3 percent and rental yields of up to 7 percent, you get an attractive combination of quality of life and investment.

The key takeaways:

• Best location for permanent residence: La Mata (beach quality + tranquillity) or Centro (city life + services)
• Best location for investment: Centro or Playa del Cura (year-round letting) or Punta Prima (capital appreciation)
• New-build vs second-hand: New costs 15–20 percent more but delivers lower running costs and warranties. Second-hand offers better locations and a lower price.
• Total cost: Budget for 10–13 percent on top of the purchase price plus 150–290 euros in monthly running costs
• Always hire a lawyer — it is your most important investment alongside the property itself