CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
| Area: | TORREVIEJA, COSTA BLANCA | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | C | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 72,000 | 20,000 | |||||||||||||||||||||
| Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
| 11 | 42 | 21 | 30 | 24 | 17 | 18 | ||||||||||||||||
| Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
| 22 miles (Alicante) | 0.25 miles | 29 miles (Alicante) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 0 | 1 | 2 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 0 | 1 | 4 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 0 | 2 | |||||||||||||||||||||
| Restaurants and bars: | Wide variety of cuisine available. Local speciality is seafood. Live entertainment bars. | |||||||||||||||||||||
| Sports and leisure facilities: | Sports centre with athletics track. Private sports centres. Tennis clubs. Flying club. 1500 marina with renowned yacht club. Diving and windsurfing clubs. 4 golf courses in area. Water park north of Torrevieja open in Summer. Theatre. Casino. 3 museums including sea and salt museum. | |||||||||||||||||||||
| Transport: | Public Transport | Roads | ||||||||||||||||||||
| Bus services within most of the town, and to surrounding areas including Alicante. | N-332 from Valencia, Benidorm and Alicante. | |||||||||||||||||||||
| Crime rate: | High | |||||||||||||||||||||
| Main types of employment | Mostly tourist and service sectors. However many foreign companies situated in the area. | |||||||||||||||||||||
| Future plans: | New hotels/apartments/houses being constructed. Town is rapidly expanding. | |||||||||||||||||||||
| Yield range | 5.9% - 6.9% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 105720 | 318 | 254 | 153 | 6.9% | |||||||||||||||||
| 3 bed apartment | 132150 | 382 | 305 | 183 | 6.6% | |||||||||||||||||
| 3 bed townhouse | 198225 | 509 | 407 | 244 | 5.9% | |||||||||||||||||
| Villa | 232584 | 668 | 534 | 321 | 6.5% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| High | High | Medium | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 7 | 2 | 5 | ||||||||||||||||||||
| Flights scheduled from: | Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Belfast International, Derry, Cork, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford | |||||||||||||||||||||
| Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
| £192-485 | £142-359 | £107-269 | ||||||||||||||||||||
| Operators: | Monarch, Iberia, BA, BMI, Air-Berlin, Thomas Cook, Easyjet, Flybe, Excel Airways, Britannia Airways, Futura, European Air Charter, My Travel, Astraeus, Air2000 | |||||||||||||||||||||
| Description: | A popular tourist destination in the Costa Blanca, Torrevieja is a busy resort still being developed. It is situated within 2 large natural salt lakes called ‘Salterns of Torrevieja’. Sights to see include the large Moorish tower (Torre del Moro) and Church of the Immaculate Conception. There are also many beaches and amenities. It can be lively, noisy and crowded, particularly in Summer. Also there is a rising crime rate involving burglary and theft. However the area has the cheapest property on the Costa Blanca and as the town is constantly developing and property prices are expected to rise. Yields are not that brilliant but the prospect for capital growth compensates for this. If you’re looking for a holiday home that will pay for itself for 5 years and then sell on to make a profit then this area will meet this goal. Funnily enough Torrevieja is also particularly popular with visitors with allergic and respiratory problems, who are thought to benefit from the salty environment but don’t rely on this market to make your investment decision! | |||||||||||||||||||||
| Hot Website: | http://www.costa-blanca-torrevieja.to/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Panorama Golf | Urb. Panaroma Glf, apartado de correos 312, 03180 Torrevieja, Alicante | Tel: 0034 6 09 53 63 31 Fax: 0034 6 09 50 09 66 | Not disclosed | |||||||||||||||||||
| ASTUR MAR | c/guardamar 8 torrevieja | tel: 0034 965707916 fax: 0034 965707916 | website: http://www.casaspania.com email: astur_mar@terra.es | |||||||||||||||||||
| Sun & Sea International --------------- | Torrevieja | tel: 0034 617 95 2613 fax: ------------------------- | website: http://www.sun-sea-international.com email: info@sun-sea-international.com | |||||||||||||||||||
| SOL PARTNERS | AVENIDA DE FRANCIA, 60 - 1ºD LA MATA - TORREVIEJA | tel: 00.34.96.692.50.22 fax: 00.34.96.692.13.20 | email: mle24549@terra.es | |||||||||||||||||||
| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| AMATorrevieja 2010 | C/ Pedro Lorca, 71 - Bajo Torrevieja | tel: 0034 965706817 fax: 0034 965706817 | ||||||||||||||||||||
| Costa Blanca Rentals | Suite 173, Ctra La Nao 71 03730 Javea | tel: 0034 96 6460681 fax: 0034 96 6460681 | website: http://www.cberentals.com email: info@cberentals.com | |||||||||||||||||||
| EuroCasa Gestion Inmobiliaria | Aptdo correos 2053 Alicante | tel: 0034 655169971 fax: | email: danielcombret@yahoo.es | |||||||||||||||||||
| Sajonia | Av. Alfonso el Sabio, 16, 8-Izq Alicante | tel: 0034-965 230627 fax: 0034-965 230627 | email: sajonia21@yahoo.es | |||||||||||||||||||