The economy of Torrevieja is predominantly driven by tourism and salt production. The city’s salt lakes have historically been one of the largest sources of salt in Europe, with the industry still playing a significant role in its economy today. In addition to salt, the fishing industry also remains important, although it has diminished over time as tourism has taken center stage.
Tourism is by far the biggest economic driver, attracting both national and international visitors who come for the beaches, the climate, and the natural parks. In recent years, Torrevieja has also become a popular destination for real estate investment, especially among retirees from northern Europe looking to settle in a sunny coastal area.
Other important sectors include retail, hospitality, and services. There is also a growing healthcare sector due to the city’s appeal to retirees, with modern medical facilities and wellness centers catering to the international community.