🇪🇸Investment Guide ·Torrevieja, Orihuela Costa, Pilar de la Horadada & Mar Menor
Between Alicante and the Mar Menor, key-ready villas with private pools still start well below €400,000 — with 320 days of sun, two airports and year-round international demand.
Why Invest
New-build apartments in Torrevieja and Orihuela Costa start around €150,000–€250,000, detached villas with private pool from €300,000–€600,000 — a fraction of Ibiza or Marbella for the same 320 sunny days and the same Mediterranean sea.
Costa Blanca South and Murcia are the most active new-build regions in Spain. Staged payment plans (30% on reservation and contract, balance on completion) let buyers spread purchase over 12–24 months of construction.
Alicante and Murcia-Corvera airports serve Northern Europe all winter. Dutch, Belgian, German, Scandinavian and British long-stay tenants keep occupancy high from October to April, when most Mediterranean markets go quiet.
Tax & Legal Framework
A high-level overview — always consult a qualified tax advisor before structuring a purchase. We work with trusted partners across each jurisdiction.
New-build homes carry 10% IVA (VAT) plus 1.5% AJD stamp duty in the Valencian Community and Murcia, along with notary, registry and legal fees of roughly 1–2%. Budget 13–14% on top of the purchase price.
Non-resident owners pay 19% on net rental income (EU/EEA) or 24% (non-EU), with maintenance, community fees, IBI and mortgage interest deductible for EU/EEA residents.
Annual IBI is typically 0.4–0.9% of cadastral value — commonly €300–€800 a year for a coastal villa. Capital gains tax is 19–26%, with a 3% retention withheld at sale for non-residents.
Hidden Perks
Alicante-Elche (ALC) and Región de Murcia (RMU) are both within 45 minutes of most developments, with 2.5-hour direct flights to Amsterdam, Brussels, Düsseldorf and London year-round.
More than 20 golf courses within 30 minutes, and the Mar Menor — Europe's largest saltwater lagoon — offers calm, warm water for sailing, kitesurfing and families.
Torrevieja and Vinalopó hospitals rank among Spain's best-performing public hospitals, with a dense private clinic network serving the large international resident community.
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