Cheap apartments in Torrevieja for sale – options to consider
What to do if your long-standing dream of living on the Mediterranean coast of Spain does not come true due to lack of money to buy real estate? The answer is simple: you could not find what you wanted due to the large number of offers on the market. There are many options in the resort towns of the Costa Blanca, among which you should pay special attention to cheap apartments in Torrevieja.
Torrevieja is a resort in the province of Alicante on the Mediterranean coast, known for its mild climate and cozy beaches. Fishing and salt mining have long been practiced here. This is a fairly large town, the population of which is close to 100,000 people, and during the holiday season this figure increases several times. The city has a developed infrastructure with a good transport system, a large number of shopping centers, markets, hotels, restaurants, banks, educational institutions, and health care institutions. There is also a big port.
Local residents and visitors have excellent opportunities to practice their favorite sports such as diving, yachting, and football. Many people prefer a beach holiday or leisurely walks through well-groomed green areas. And in the evenings you can admire the sunset or chat on the terraces of cozy restaurants.
The local real estate market is rich in offers, but if you are interested in budget options, then these are certainly cheap apartments for sale in Torrevieja. According to statistics, in October 2023 the average price of 1 sq. m of housing was € 2129. This is inexpensive compared to prices at similar resorts on other Spanish coasts, in particular the Costa del Sol. In Torrevieja you can find many great bargains for flats with one bedroom or several, located in different areas of the city.
The most common option for low-cost apartments here are apartments with an area of about 70 square meters with two bedrooms, located in a 2-3 storey residential building. Cost of 1 sq. m of apartments on the secondary market averages € 1360, in new buildings – € 1 640. Relatively low prices do not mean that you will be offered to buy housing of low quality. The apartments are partially furnished and have household appliances. As a rule, the kitchen is fully equipped and air conditioning can be installed.
Cheap apartments in Torrevieja for sale can easily be rented after purchase, since during the holiday season many vacationers arrive in the city and are happy to rent apartments for affordable prices. And you will have a stable, albeit small, increase in income.
Examples of cheap apartments Torrevieja, are:
- renovated studio apartment with an area of 16 sq. m with a bathroom, furniture and household appliances is sold for € 57,000;
- apartment on the top floor of a 4-storey residential building with an area of 40 sq. m with one bedroom and one bathroom. The kitchen is fully equipped with furniture and household appliances, there is a balcony and a terrace of 40 sq. m. as well as a small storage room. The balcony offers panoramic sea views. Price – € 71,000;
- the apartment in the center of Torrevieja with an area of 72 sq. m has two bedrooms and one bathroom. There is furniture in the bedrooms and kitchen, household appliances, pantry and balcony. Near the house there is a communal swimming pool and a children's playground. Price – € 77,500;
- apartment with an area of 54 sq. m with one bedroom and one bathroom on the ground floor of a residential building located 700 m from the beach. There is a spacious terrace and an equipped kitchen which is partially furnished. Price – € 80,000.
By buying an inexpensive apartment in Torrevieja, you save a lot of money, while still having the opportunity to receive all the benefits of a resort town. To complete the transaction, you can seek advice and support from the real estate agency WTG Spain, whose staff will assist you at all stages of the purchase process. With their help, you will soon move into a new apartment and enjoy the sea and sun of beautiful Spain.
