Why You MUST Invest in Torrevieja NOW (Before It's Too Late)

Added: 2026-05-30

[00:00:00]If you've been waiting for Costa Blanca property prices to drop before making your move, I have some bad news for you.

[00:00:04]In the last 4 years alone, prices in Torrevieja have risen by 70% whilst their neighbors Orihuela Costa a modest 50%. Now, what does that mean? It means that the best time to buy is the present. So, in this video today, I'm going to tell you how we got here, where we are now, what the likely near future holds, and what this all means to you as a potential buyer in this area. So, I'm Sam. Welcome to Costa Blanca Stories, and this is your channel if you're interested in all things pertaining to the Costa Blanca, especially in this other part of the region where I'm based between Torrevieja and Orihuela Costa. So, as I mentioned before, prices have skyrocketed in recent years.

[00:00:47]And as the numbers suggested before, we're talking about a 70% increase in Torrevieja in 4 years if we're comparing May 2026 with May 2022, and Orihuela Costa 50% in the same time frame. And again, like I said, we have to explain how we got here. So, basically what happened was there was this thing called COVID.

[00:01:08]Uh I'm sure we have very fun memories of that, all of us. But basically what happened was in those 2 years, we were essentially locked in at home, you know, lockdown, all of those things. You remember that, the memories. And yes, I think when things opened back up again in 2022, people started realizing there was more to life. They wanted to buy that property. They wanted to buy that investment home, to buy that holiday home, to spend more time doing things that they liked. And as a result, we started buying like crazy. In the years before the COVID, let's say it's 2026 now. Let's go back to 2016. In those years before, it was fairly modest, you know, a 4% there, a 5% there, a 7% there in this part of of Spain. And 2020-2021, there was very little increase because nobody was buying. And then in the last 4 years alone we've seen double-digit increases percentage-wise [music] in each of those 4 years. And so, just to give you an idea, in 2022, a standard two-bedroom apartment, let's say 60 m squared, in Torrevieja would be around 90,000 euros.

[00:02:15]Very decent, indeed. That same property 4 years later would set you back 150,000.

[00:02:21]That just gives you an idea of just how much this increase has impacted the property market here. And likewise in Torrevieja's neighbor, Orihuela Costa, the same situation. 4 years ago, 120 would have got you a decent two-bed property in this region, again 60 m squared, and then now we're talking 180, 180,000. So, those numbers from the get-go we can see are they're they're going up and up and up, you know? And even though for many of us that may seem affordable still at this moment in time, the price increase cannot be ignored. And like I said, that's how we got here. Post-COVID, there were so many more people looking to buy a holiday home, investment homes, digital nomads, people wanting a better quality of life, and finding solace here in this part of the country, which as I've said in in several videos, or perhaps almost every video, it's a fantastic place to be, so I get it. And so, this is how we got here.

[00:03:16]Now, well, where are we now? The situation is that the resale market is still quite strong. If you're a follower of this channel, you will have seen I've done several videos on budgets in this area stemming from 100K to 200K, and there still are plenty of decent properties out there if you know where to look. That's the key. But the reality is that where we are now is that in the last 5 or 10 years many new builds have gone up. And of course, these prices I'm giving you are based on average prices. So, when I said 70 and 50% respectively, that's based on Idealista asking prices. That was in Torrevieja in May 2022 around 1,500 per square meter versus now in 2026 2,500 and the same in Orihuela Costa 2,000 4 years ago per square meter is now 3,000 per square meter and as I said this is because of these new builds and these new constructions because they have brought the price up of everything else around it and in addition to that of course we have you know these houses that are being built with better construction materials, better energy ratings, more luxury amenities, more modern style buildings, a pool there, a paddle court there, a kids playground over there, an infinity pool right over there. So these are more luxury buildings and and complexes. So of course this brings the price up all around them. And as I said also we all we've also seen for example in Punta Prima the Plaza Sol uh commercial unit which now has the Popeyes and the new Asian restaurant and in fact there's just been a new Turkish meat place not long opened as well. Also there the Chinese stores there. There's a bowling alley there as well. So there's plenty popping up but all of this results in the price of everything else going up, right? Because we're we're getting more amenities and we're getting better quality amenities. So that's where we are right now. And as far as what the future holds again if you saw my latest upload in relation to is Torrevieja becoming the new Marbella again it was a little bit provocative with the title but as I said I'm not suggesting that it's going to be and I don't want it to be to be quite frank. I enjoy living here. I want to continue to be able to afford to live here but we cannot ignore at the same time that >> [music] >> now and in the near future as I mentioned in the previous video we have apparently the new marina opening up next month. That's what they say. I haven't seen any more updates but they said June 2026. So the new marina is opening up. They are opening up a university which is going to be a tourist hub for this part of the country. They've they've just built a university campus for the students and they're going to study tourism. They're also renovating the the the market in Torrevieja and of course we can't forget the La Hoya development which now has several developers on it. So, yes, that's it. I mean, where are we going in the near future? The prices will go up. Perhaps in the case of Orihuela Costa, the price won't be the price percentage won't be so crazy because the entry price has risen so much, you know?

[00:06:13]Perhaps we're looking at again, this is just projected and based on [music] the banks and what they think, but perhaps Orihuela Costa between 5 and 9% growth this year which is still 5% sounds okay, but getting closer to 10 again is is not great cuz it means everything is going up even more. And in the case of Torrevieja because they are starting like I said before at a lower entry point, then of course the percentages could be even double digits this time next year.

[00:06:38]So, it's So, I say all this to say the title of the video, why you should invest in Torrevieja right now? Well, I mean, I think Yazz said it best back in 1988.

[00:06:54]There you go. As she said, the only way is up. Like I said, the the prices will not be as crazy as they have been in the last 4 years, but they're still going to go up. There's no bubble that's upcoming, you know? We can't compare this to the 2008 crisis when the banks were loaning like crazy and giving you 100% mortgages and paying for your taxes. The reality is that in the last 15-20 years we have more international buyers like myself, sorry, and like yourselves perhaps, and we of course, although we are buying with good intention and we're benefiting the economy in the sense of buying properties, coming here, spending our money here. Of course, that also raises the price of the the the houses. And that's the situation. It's only going to go up in the years to come, but like I said, there's no parallel now in comparison in comparison to 2008 cuz it was a totally different time. The banks were to blame for giving out too much in the sense of of mortgages. Now in Spain, the average is 80% mortgage, meaning that you have to put down a 20% down payment in addition to around 10% taxes and notary and registry and legal fees.

[00:07:59]So, they're like apples and oranges the two situations. So, if you're hoping for a a bit of a burst in the near future, I just can't see it. Listen, I'm more than willing to be proven wrong, but that's the way I see it. But yes, I say all this to say, are you somebody looking for property in this area in the Torrevieja Orihuela Costa zone of the Alicante Costa Blanca South?

[00:08:19]And have you noticed the same things I'm noticing in the last few years? I mean, like I said, the price of everything has gone up, but I mean double digits every year for the last 4 years is quite crazy to say the least. Please feel free to to comment in the [music] comment section below to let me know what you think. If if you think that it's going to go up if if you if you foresee something that I can't see, I I I always like to know your thoughts. So, if you can, please like and comment and share and all of those good things. And of course, even more so, if you do like this content, then please feel free to subscribe to this channel. So, many of you have done that already and I really do appreciate that. So, thank you so much and until the next time. Thank you. Bye-bye.