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Torrevieja - resort city in eastern Spain in the province of Alicante. The city's population is about 200 thousand people, as a large part of them - foreigners. You can often hear Russian speech on the streets, as this city is the most populated by the Russian speakers in the whole Spain. At the beginning of the XIX century, after an earthquake, the city was rebuilt. Real estate in Torrevieja - a popular purchase in Spain at reasonable prices.
In Torrevieja is not too hot or cold, as it is located in a bay between the mountains of Granada and the foothills of the Cordillera. The average summer temperature is 25, and it does not fall below 14 degrees in the winter. About 320 sunny days per year and 25 kilometers of comfortable beaches - it's great! National Reserve Park of La Mata is located nearby. Having admired the great variety of different birds, including pink flamingos, you can visit the Torre del Moro and the observation deck. Lovers of ancient architecture in the city also have something to look at.
In recent years Spain stands out among other prestigious European states by low real estate prices. Torrevieja - no exception, as it is a part of Alicante. It is well known that Alicante keeps the lowest prices on the coast of the country. The average cost of housing in Torrevieja is 40 thousand Euros for a typical one-bedroom apartment from the owner, which is not located in the center. The city has different type of developments. Luxury housing can be found not only in the form of detached villas, but also among multi-family residential complexes with luxury apartments.
Local housing and commercial areas enjoy stable demand from tourists and investors. Thus becoming the owner of property in the city is beneficial and gives a feeling of confidence in the future. Rents are high enough to be a major part of your income. But living with the whole family on a regular basis - also a good option. You can easily conduct your own business and educate your children. Buyers from non-EU countries can apply for a multiple-entry Schengen visa.
