Guide to buying a house in Torrevieja as a foreigner

Torrevieja, on the Costa Blanca just south of Alicante, is one of the favourite destinations for anyone looking for sun, sea and an excellent quality of life in Spain. A mild climate, an international community and still-accessible prices have made it a magnet for foreign buyers. This guide walks you through the process step by step.

Why buy in Torrevieja?

Over 300 days of sunshine a year, award-winning beaches, a large international community and all the infrastructure you need: healthcare, schools, restaurants and leisure.

• More affordable prices than other Spanish coastal areas.
• A wide variety of properties: apartments, bungalows, villas.
• About 40 minutes from Alicante International Airport.
• Services and advice available in several languages.

What you need as a foreign buyer

The NIE (foreigner identification number)

The tax number required for any legal transaction in Spain. You can apply at a police station in Spain or at a Spanish consulate in your country. We accompany you through the whole procedure.

A Spanish bank account

You will need it for payments: the deposit, notary fees and utilities after the purchase.

The buying process step by step

1. Finding the property

Define your budget, area and type of home. A local agency saves you weeks — we know every urbanisation and arrange viewings in person or by video.

2. Offer and reservation contract

Once your offer is accepted, you sign a reservation contract with a deposit (usually 3,000–6,000 €) and the property is taken off the market.

3. Deposit (arras) contract

This commits both parties; typically 10% of the price is paid. If the buyer withdraws without justified cause, that deposit can be lost.

4. Legal verification

We check that the property is free of charges (mortgages, debts, liens) and that all documentation is in order.

5. Notary and keys

The sale is completed before a notary: final payment, signature and handover of the keys — with translation if you need it.

The associated costs

Budget roughly an extra 10–13% on top of the price: transfer tax (resale) or VAT (new build), notary, land registry, administrative fees and mortgage costs if applicable.

Can I buy to let?

Yes. Torrevieja has strong holiday-rental demand, especially in summer. You just need to comply with local regulations and obtain the tourist licence.

Do I have to be in Spain to buy?

Not necessarily: you can grant power of attorney to your lawyer or a trusted representative to sign on your behalf.

Conclusion

Buying in Torrevieja as a foreigner is straightforward with the right guidance. At Embassy My Home we walk you through every stage, in your language and with full transparency — from the first viewing to the keys.