Imagine This...

Five years ago, you visited an apartment in Torrevieja.

You liked it.

But you decided to wait.

"Prices will come down."

Months passed.

Then years.

When you looked at the same area again, you discovered that the property which once seemed expensive now cost almost twice as much.

What felt like a cautious decision ended up costing you tens of thousands of euros.

And this isn't an isolated story.

It's exactly what the Torrevieja property market data reveals.

What You'll Discover in This Article

✔ How property prices in Torrevieja have evolved.

✔ The difference between house and apartment prices.

✔ Which areas are leading the price growth.

✔ How much it currently costs to buy or rent.

✔ The key conclusions for buyers, sellers, and investors.

Torrevieja Continues to Establish Itself as One of the Costa Blanca's Strongest Property Markets

Over the past few years, Torrevieja has evolved from being primarily a holiday destination into a permanent home for thousands of Spanish and international families.

Remote working, the Mediterranean climate, an excellent quality of life, strong transport connections, and the continuous arrival of international buyers have all fuelled demand, which continues to grow.

This increasing interest is clearly reflected in property prices.

Property Values Continue to Rise

The figures reveal a very clear trend.

During the last twelve months:

• House prices have increased by 15.6%.

• Apartment prices have risen by 15.5%.

These figures reflect a highly active market where demand continues to outpace the available supply across many parts of the municipality.

But the most striking picture appears when we take a longer-term view.

The Last Five Years

Looking at the market from 2021 to today, the growth becomes even more impressive.

In just five years:

• House prices have increased by 70.4%.

• Apartment prices have risen by 93.6%.

In many cases, properties are now worth almost twice what they were only a few years ago.

This performance confirms Torrevieja as one of the fastest-growing property markets on the Costa Blanca.

This Hasn't Been a Short-Term Spike

Looking at different time periods shows that the growth has been consistent.

Apartment Price Growth

• Last 3 months: +4.5%

• Last 6 months: +9.3%

• Last 12 months: +15.5%

• Last 2 years: +31.4%

• Last 3 years: +54.4%

• Last 4 years: +72.3%

• Last 5 years: +93.6%

Rather than a temporary increase, the figures demonstrate sustained growth over several years.

How Much Does It Cost to Buy a Home in Torrevieja?

Houses

The current median house price in Torrevieja is:

€412,038

The middle 80% of properties are priced between:

• €132,441

• €1,530,427

Average price per square metre:

€2,467/m²

Average Price by Number of Bedrooms

Apartments

The current median apartment price is:

€146,565

The middle 80% of apartments range between:

• €63,158

• €360,626

Average price:

€2,255/m²

What About the Rental Market?

Rental demand also remains very strong.

Houses

• Median monthly rent: €2,038

• Average annual rental value: €146/m²

Apartments

• Median monthly rent: €747

• Average annual rental value: €138/m²

This explains why many investors continue to view Torrevieja as a city offering excellent potential for both long-term and holiday rentals.

Not Every Street Has the Same Value

One of the most common mistakes is assuming that property values are similar across the whole of Torrevieja.

They're not.

According to the data analysed, some of the streets with the highest average prices per square metre are:

• Avenida Roentgen — €3,383/m²

• Calle Popa — €3,360/m²

• Calle Foque — €3,360/m²

• Calle José Echegaray — €3,316/m²

• Calle Áncora — €3,214/m²

These differences highlight the importance of obtaining an individual property valuation before buying or selling.

What the Numbers Don't Tell You

Although market statistics provide an excellent reference, no automated valuation tool can accurately assess factors such as:

• Orientation

• Overall condition

• Quality of renovation

• Views

• Energy efficiency

• Residential community

• Swimming pool

• Garage parking

• Natural light

• Floor level

• Layout

• Renovation potential

Two properties located on the same street can differ in value by tens of thousands of euros.

That's why we always recommend using these figures as a general guide and combining them with a professional valuation.

Our Recommendation

If you're thinking about selling, avoid setting your asking price based solely on similar listings you find online.

If you're planning to buy, don't focus exclusively on the price per square metre.

Understanding market trends, demand in each neighbourhood, and the unique characteristics of every property can make a significant difference to your decision.

Would You Like to Know What Your Property Is Really Worth?

At SalyMar, we provide personalised property valuations based on far more than an algorithm.

We analyse the location, condition of the property, recent comparable sales, and actual market behaviour to provide a much more accurate estimate of its real value.

👉 Discover our services or get in touch with us at:

https://salymar.click

Fuentes consultadas

Fuentes consultadas

Los datos utilizados para elaborar este artículo proceden de RealAdvisor, una plataforma especializada en el análisis del mercado inmobiliario que recopila información sobre precios de venta, alquileres, tendencias y evolución del mercado mediante modelos de valoración y datos estadísticos.

Para este análisis se ha utilizado principalmente la información correspondiente al mercado inmobiliario de Torrevieja:

Precio de la vivienda en Torrevieja (RealAdvisor):
https://realadvisor.es/es/precios-viviendas/03183-torrevieja

Además, colaboramos con RealAdvisor como agencia inmobiliaria asociada, donde también puedes consultar nuestro perfil profesional:

SalyMar Real Estate en RealAdvisor:
https://realadvisor.es/es/agencias-inmobiliarias/agencia-saly-mar

Nota: Los datos estadísticos mostrados en este artículo corresponden a la información publicada por RealAdvisor en la fecha de elaboración. El mercado inmobiliario evoluciona continuamente, por lo que estas cifras pueden variar con el tiempo.

En SalyMar creemos que una buena decisión empieza con una información transparente. Por eso todos nuestros artículos se elaboran utilizando datos oficiales y fuentes públicas que cualquier lector puede consultar. Si detectas algún cambio o una actualización relevante, estaremos encantados de revisarlo para mantener esta guía siempre al día.

Contact

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Location

sector 25, torrevieja, alicante

david@salymar.click

Mar +34 646 30 33 93

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mar@salymar.click

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