Investment Opportunity in Prime Location in Torrevieja
€1,000,000€4,566/m²
3
bedrooms
2
bathrooms
219 m²
interior
Townhouse
property type
29 Jul 2026
listed
The Habio take
AI summaryThis property comprises two substantial premises in the heart of Torrevieja, ideal for diverse investment projects. With a prime location just minutes from the city centre, it offers excellent potential for residential or commercial development.
- investment
- urban
- commercial
Highlights
- High foot traffic area
- Close to city centre amenities
- Multiple development possibilities
- Suitable for residential or commercial use
- Spacious total land area of 318 m²
Worth knowing
- Requires a development project plan
- Investment risk associated with construction
Good fit for: Ideal for investors looking for a significant development opportunity.
Lifestyle scores
- Beach
- 70
- Walkable
- 80
- Remote work
- 65
- Family
- 70
- Retirement
- 60
- Airport access
- 75
- Investment
- 85
- Luxury
- 50
- Value
- 60
About this place
These two premises for sale are situated in the bustling centre of Torrevieja, providing a facade of 22 metres and a total land area of 318 m². This substantial space allows for various possibilities, including the development of a multi-storey residential building or a commercial property.
The advantageous location is one of the standout features of these properties, being close to the city centre, shops, cafes, restaurants, and bars. The high foot traffic in the area enhances their appeal for both residential and commercial projects, making them a compelling investment.
Take advantage of this unique opportunity to realise ambitious ideas in one of Spain's most popular tourist destinations. With excellent transport access and a lively environment, your project is poised for success.
Where you’ll be
Torrevieja, Alicante, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
