Property Prices in Torrevieja, Spain

Index Info
Price to Income Ratio: 4.03
Mortgage as Percentage of Income: 28.08%
Loan Affordability Index: 3.56
Price to Rent Ratio - City Centre: 13.82
Price to Rent Ratio - Outside of Centre: 11.26
Gross Rental Yield (City Centre): 7.24%
Gross Rental Yield (Outside of Centre): 8.88%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 566.67 € 500.00-650.00
Apartment (1 bedroom) Outside of Centre 500.00 € 450.00-600.00
Apartment (3 bedrooms) in City Centre 1,075.00 € 1,000.00-1,300.00
Apartment (3 bedrooms) Outside of Centre 812.50 € 800.00-850.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 162.58 € 139.35-185.80
Price per Square Feet to Buy Apartment Outside of Centre 109.16 € 92.90-139.35
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,812.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 3.50-3.50

These data are based on 32 entries from 5 contributors over the past 18 months.
Last update: 5 June 2025

Sources and References
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