Area:TORREVIEJA, COSTA BLANCA
Investor Profile:Retirement, Worker, Holiday, Business
Category:C
Population:

 

TotalBritish
72,00020,000
Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

11422130241718
Proximity to:AirportBeachNearest City
22 miles (Alicante)0.25 miles29 miles (Alicante)
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
012
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
014
Shopping:No. of Shopping CentresNo. of Markets
02
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 TransportRoads
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 employmentMostly 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 range5.9% - 6.9%
Type of propertyEntry PriceRent-

School Holiday Peak

Rent-

Peak

Rent-

Off Peak

Average Annual Yield
2 bed apartment1057203182541536.9%
3 bed apartment1321503823051836.6%
3 bed townhouse1982255094072445.9%
Villa2325846685343216.5%
Demand for lettingSchool Holiday PeakPeakOff peak
HighHighMedium
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
725
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 PeakPeakOff 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:NameAddressTelWeb
 Panorama GolfUrb. Panaroma Glf, apartado de correos 312, 03180 Torrevieja, AlicanteTel: 0034 6 09 53 63 31

Fax: 0034 6 09 50 09 66

Not disclosed
 ASTUR MARc/guardamar 8
torrevieja
tel: 0034 965707916
fax: 0034 965707916
website: http://www.casaspania.com email: astur_mar@terra.es
 Sun & Sea International
---------------
Torreviejatel: 0034 617 95 2613
fax: -------------------------
website: http://www.sun-sea-international.com email: info@sun-sea-international.com
 SOL PARTNERSAVENIDA 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: NameAddress TelWeb
 AMATorrevieja 2010C/ Pedro Lorca, 71 - Bajo
Torrevieja
tel: 0034 965706817
fax: 0034 965706817
email: amatorrevieja2010@hotmail.com
 Costa Blanca RentalsSuite 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 InmobiliariaAptdo correos 2053
Alicante
tel: 0034 655169971
fax:
email: danielcombret@yahoo.es
 SajoniaAv. Alfonso el Sabio, 16, 8-Izq
Alicante
tel: 0034-965 230627
fax: 0034-965 230627
email: sajonia21@yahoo.es