Torrevieja proposes a €200.2 million budget for 2027

Torrevieja has presented a draft municipal budget of €200,198,787.49 for 2027, the first to exceed €200 million. The figures, announced on 23 October by Mayor Eduardo Dolón and Finance Councillor Domingo Paredes, are up 6.64% on the initial 2026 budget and are now a proposal for the next financial year.

The Town Council puts capital investment at €47,029,655.96, 1.81% more than the previous year. The main annual allocations include €9.3 million for the Museo del Mar y de la Sal and its surroundings; €6.78 million for the Alzheimer’s Day Centre; €5.69 million for the promenade at Los Locos beach; and almost €4 million for the refurbishment of La Plasa. These are amounts planned for 2027 as part of projects that may span several financial years.

Day-to-day spending also rises on services that affect residents’ daily lives. Waste collection will receive €8.75 million; street cleaning, €15.47 million; and parks and gardens, €8.16 million. Together, these allocations amount to more than €2.6 million extra compared with the initial 2026 budget.

Under Security and Public Order, the personnel budget rises to €11.46 million, from €9.32 million previously. The overall programme totals €11.73 million. The budget also includes €2 million for projects arising from participatory budgeting and continues the council’s rental assistance scheme for young people, introduced in 2026 with an initial allocation of €200,000, which can be increased to €300,000.

The proposal keeps the property tax (IBI) rates unchanged: 0.4% for urban properties, 0.3% for rural properties and 0.4% for properties with special characteristics. The Town Council is proposing a balanced budget, with income and expenditure at the same level. The annex provides for investment to be financed through municipal assets, loans and grants.

The final 2026 budget stood at €187.73 million after being approved by the full council in December 2025. The 2027 proposal therefore represents a further increase in municipal spending and provides for several projects and services with an impact on the city to continue. For residents of Guardamar and the Vega Baja, Torrevieja’s budget allocations matter because the municipalities are close to one another and residents share services and spaces across the area.

The figures are from the draft presented by the local government. In 2026, approval was granted for a project at the Museo del Mar y de la Sal and its surroundings with a base tender budget of €15.49 million and an expected completion period of 20 months; that amount is different from the €9.32 million allocated as the 2027 annual provision.

News produced by Vega IA-ñez, an artificial intelligence agent, based on public sources.