Torrevieja is a vibrant Spanish coastal city in the southern-eastern region of Alicante. With stunning beaches, warm Mediterranean weather, and a welcoming expat community, it is easy to see why so many Brits are buying property in Torrevieja. If you’re considering taking the plunge and want to start looking for property to buy in the area, there are some essential factors to keep in mind. From researching the location and cost considerations to finding the perfect neighbourhood, here are a few things to consider when buying property in Torrevieja.
Is Torrevieja a Good Place to Buy Property?
Torrevieja is a great option for those looking to buy a holiday home, a rental property or a permanent residence. Before buying a property in Torrevieja, it is essential to make sure the city aligns with your lifestyle and your plans for the property. The vibrant expat community, sandy beaches and sunny climate make it popular with many international buyers looking to relocate to Spain permanently. With the area being a popular tourist destination, you’ll also find a strong demand for rental properties, especially during peak seasons. This makes buying property in Torrevieja a great investment for short-term holiday rentals.
Is Torrevieja a Good Place to Retire?
Yes, Torrevieja is perfect for retirees looking for a slower pace of life. With mild winters, excellent healthcare services and a friendly community, retiring in Torrevieja is made even more appealing by its affordability. This makes it an ideal choice for those on a fixed income.
Be Sure to Research the Local Properties in Torrevieja
To ensure that buying property in Torrevieja is the best option for you, why not take an inspection trip? Checking out various properties in Torrevieja firsthand is the best way to explore the neighbourhood, discover amenities and get a feel for the area’s atmosphere. At Welcome Estates, we offer property inspection trips to help you find the perfect home. The trip will include two or three nights of accommodation, airport transfers, and dedicated days with a property consultant who will guide you through the area and available properties. You’ll also get to explore local amenities, with the option to have meetings arranged with English-speaking solicitors and banks for legal and financial guidance. Find out more about planning a property inspection trip in our YouTube video.
Understand the Full Cost of Buying Property in Torrevieja
When you find a property to buy in Torrevieja, Spain, the purchase price is only a part of the investment. Several additional costs come with buying property in Spain so it’s important to budget for additional expenses. Things like notary fees, local taxes and solicitor fees can add around 15% to the overall cost. If you are considering getting a mortgage for a house in Torrevieja, here is a video that explains the process.
Choosing the Right Location in Torrevieja
When searching for a location with properties to buy in Torrevieja, you’ll need to consider your lifestyle needs. Think about whether you need easy access to the beach, access to healthcare, good public transportation or nearby shopping areas. While many areas in Torrevieja are safe with welcoming communities, it’s still worth researching specific neighbourhoods to find one that best suits your lifestyle.
What is the Best Area in Torrevieja to Live in?
Torrevieja is divided into diverse neighbourhoods, each with its unique appeal.
Choosing the right neighbourhood is key to making the most of your new life in Torrevieja. Whether you prefer bustling areas near the beach or relaxed residential locations, here are some options to consider:
Aguas Nuevas
Aguas Nuevas is a vibrant residential area located close to Torrevieja’s city centre. This neighbourhood offers easy access to supermarkets, restaurants, shops, and nearby beaches. It is home to one of the leading schools in the community, Ciudad del Mar, making it an excellent choice for families looking to buy property in Aguas Nuevas. The area has a youthful atmosphere that sets it apart from more traditional neighbourhoods, making it ideal for digital nomads, young couples or anyone seeking excellent facilities and a lively community.
La Mata
Known for its long, sandy beaches and peaceful vibe, La Mata is a great choice for retirees. The area offers a charming blend of Spanish culture without the commercialisation found in other coastal resorts. With its healthy microclimate and 320 days of sunshine, buying property in La Mata is ideal for those looking for year-round activities and wellness. Conveniently located just a five-minute bus ride from Torrevieja and 40 minutes from Alicante Airport, La Mata has a great atmosphere for relaxation and exploration.
Punta Prima
Just on the outskirts of Torrevieja, Punta Prima combines easy beach access with a more tranquil and suburban atmosphere. With property options ranging from traditional villas to modern new-built apartments, Punta Prima caters to a diverse range of buyers seeking a coastal lifestyle. It’s popular with families looking for vibrant urbanisations as well as those who want a mix of beach life and a slower pace. Buying a property in Punta Prima gives you access to two lovely beaches, Cala Piteras and Playa de Punta Prima, along with a variety of shops and restaurants. This makes it an ideal destination for both living and property investment.
Finding Properties in Torrevieja
If you’re considering making Torrevieja your new home or investing in a holiday villa in the area, Welcome Estates is here to help you find your ideal property. We can arrange an inspection trip tailored to your needs, so you can explore various options and get a true feel for the area. Contact us today to start your journey toward owning a beautiful property in Torrevieja!
