Let Out Property in Torrevieja

The rental letting market in Torrevieja

Torrevieja is good for long-term letting to expats. Short-term lets are possible in season. The market is price-sensitive — competition from the large number of available homes keeps rental levels in check.

Torrevieja, as part of the Costa Blanca, has solid demand for holiday accommodation year round, driven by both tourists and the growing number of digital nomads and long-stay travellers. That makes the town an attractive place to own a property you let out when you are not using it yourself.

Tourist licence and rules in Torrevieja

To let your property in Torrevieja on a short-term basis (under roughly 2-3 months per tenant) you need a valid tourist licence. In Valencia region this is issued by the Generalitat Valenciana, and you must register the property with a specific licence number that must appear in all listings.

The rules are actively enforced, and fines for illegal letting can run into several thousand euros. It is therefore essential to have the licence sorted before you start advertising the property on Airbnb, Booking.com or similar platforms.

Expected rental income in Torrevieja

In high season, a property in Torrevieja can typically be let for 400-900 EUR per week in high season for an apartment. Over a full year, with a realistic occupancy rate of 50-70% in the most popular areas, this can provide a solid ongoing return — particularly if the property is also used privately outside the season.

Remember that rental income must be taxed in Spain (typically 19% for EU citizens on net income) and may also need to be declared in your home country — but double taxation treaties typically prevent you from paying full tax twice on the same income.

How to get started letting in Torrevieja

Start by applying for a tourist licence from the Generalitat Valenciana, and make sure the property meets the requirements for safety, fire equipment and signage. Next, you should invest in professional photos — in a market like Torrevieja, where the largest scandinavian expat colony in spain is a big part of the appeal, good photos make a real difference to your booking rate.

Consider whether you want to manage the letting yourself, or use a local property management company that handles key handover, cleaning and guest communication — particularly relevant if you do not live in Spain full time.

Long-term letting as an alternative in Torrevieja

If you prefer a more stable, less administration-heavy solution, long-term letting (over a year) to locals or expats can be a good alternative to seasonal short-term letting. It does not require the same tourist licence, but is instead governed by the general tenancy law (LAU), which gives the tenant stronger rights.