Properties for sale in Alicante
Alicante is a popular destination for buying a property in Spain, both among locals and foreigners. Here resides 330,000 citizens; Alicante is the capital of the province of the same name, which is part of the Valencian Community. The city has a large selection of apartments located within walking distance from the beach and the historic part of the city. Areas with villas and large private homes for sale in Alicante are situated away from the sea and offer a high level of privacy, but in this case it is better to have a car. The range of prices for properties is following: from € 53.000 for resale apartments in a building without an elevator with a small area in sq m to € 5.400.000 for houses in privileged areas.
Alicante province real estate trends and facts
In the eastern part of the city, along the San Juan beach, the construction of apartment buildings is now in active phase. This is a prestigious place to live, because San Juan is considered one of the best beaches of the entire Costa Blanca. Therefore, developers are competing for local land, and thanks to the high demand for local housing property price remains at a high level. In general, the city is suitable for both holidays and permanent residing, as the society here is multicultural. The climate of the province of Alicante, according to WHO, is one of the best for a human.
And if we talk about earning from letting in Alicante, it is best to look for the properties in coastal areas and Centro. These areas are in high demand among tourists in the hot season, and you can earn from 100-150 euros a day from May to September.
Frequently Asked Questions
As we have already mentioned, new buildings are mostly located in the Playa de San Juan area. If you opt for secondary apartments closer to the sea, consider searching in Centro. Other great options for tourist apartments are located in the Rival Roig area. If you are interested in Alicante as a place for a permanent residence, we advise you to think about the quiet Pla del Bon Repos and Altozano area, as well as Parque Avenidas and Vistahermosa. Besides, there are decent places for golf and agriculture lovers in Alicante, as long as near the hospital and closer to the airport. Read our guide to all the areas of Alicante.
There are many suburbs around Alicante; they are attractive in terms of real estate purchasing. In some modest places people are looking not only for peace and quiet, but for lower prices. For example, in Santa Pola (to the west from Alicante) you can buy apartments on the seafront for 70,000 euros, but in the city itself there are almost no new buildings, and the area is more a holiday destination. However, there is a wide selection of new residential complexes with townhouses and swimming pools in Gran Alacant and Arenales del Sol. There you can buy new apartments by the beach for as little as 100,000 euros. In the north there is San Vicente del Raspeig, a student town around the University of Alicante, a place for letting or buying student housing. If you are interested in the surrounding areas of Alicante, here is an article about it. And on the east side, on the road to Villajoyosa, there is El Campello – a coastal resort, extremely popular and promising in terms of real estate.
The average property price in November 2020 is estimated at 1520 euros. The cost of real estate remains stable, despite the Covid-19 pandemic. Alicante is famous for its variety of offers. These types of property are particularly popular with foreign investors:
VirtoProperty agency has several offices in Spain, including one in Alicante, from where you can reach El Campello by car or public transport. We will be pleased to advise you in person or online if you are looking for a property. Contact us!