Authored by the expert who managed and guided the team behind the Spain Property Pack
Yes, the analysis of Alicante's property market is included in our pack
Everything you need to know about how much apartments really cost in Alicante in 2026, from average prices per square meter to closing costs and ongoing expenses.
We update this article regularly to make sure you always have the most current data, including fresh numbers on neighborhood prices, taxes, and buyer costs.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Alicante.
Insights
- Apartment prices in Alicante vary by a factor of three across neighborhoods, from around 1,200 euros per square meter in Virgen del Remedio to over 3,500 euros per square meter in Playa de San Juan, which means your budget can get you very different things depending on location.
- The typical 80 square meter apartment in Alicante costs around 176,000 to 207,000 euros in early 2026, which is roughly 30% to 40% cheaper than similar properties in Barcelona or Madrid.
- Alicante property prices increased by 13% to 18% between January 2025 and January 2026, driven by strong foreign demand and limited supply of ready-to-move-in homes.
- New-build apartments in Alicante command a 10% to 20% premium over resale properties, reaching around 2,500 to 2,800 euros per square meter in popular coastal areas.
- Foreign buyers represent over 40% of all property transactions in Alicante province, making it one of the most international real estate markets in Spain.
- Closing costs for a resale apartment in Alicante typically add 11% to 13% on top of the purchase price, mostly due to the regional transfer tax (ITP) at 10%.
- The Villafranqueza and Virgen del Remedio neighborhoods recorded price increases above 27% year-over-year, reflecting rapid gentrification in previously affordable areas.
- Monthly utility costs for a typical Alicante apartment run between 90 and 170 euros, with electricity being the biggest expense, especially during summer air conditioning season.
- Alicante's IBI property tax rate is around 0.62% of cadastral value, which translates to roughly 250 to 600 euros per year for most apartments.
- Rental yields in Alicante average 5% to 6% annually, supported by strong demand from both holidaymakers and long-term tenants.
How much do apartments really cost in Alicante in 2026?
What's the average and median apartment price in Alicante in 2026?
As of January 2026, the median apartment price in Alicante is around 180,000 euros (approximately 189,000 US dollars), while the average price sits slightly higher at around 195,000 euros (approximately 205,000 US dollars) because larger and luxury properties pull the average up.
When it comes to price per square meter, the median realistic buy price in Alicante is around 2,200 euros per square meter (about 2,310 US dollars or 204 euros per square foot), while asking prices on property portals tend to run higher at around 2,500 euros per square meter, so you should expect some negotiation room.
For most standard apartments in Alicante, you can expect prices to fall within a range of 150,000 to 250,000 euros (around 157,500 to 262,500 US dollars), which covers the majority of two-bedroom and three-bedroom units in mid-range neighborhoods.
How much is a studio apartment in Alicante in 2026?
As of January 2026, a typical studio apartment in Alicante costs around 75,000 to 85,000 euros (approximately 79,000 to 89,000 US dollars), depending on location and condition.
For entry-level to mid-range studios, prices start around 65,000 euros (68,000 US dollars) in outer neighborhoods like Virgen del Remedio, while renovated or well-located studios near the beach or city center can reach 100,000 to 105,000 euros (105,000 to 110,000 US dollars).
Studios in Alicante typically range from 30 to 40 square meters, which is standard for this property type in Spanish Mediterranean cities.
How much is a one-bedroom apartment in Alicante in 2026?
As of January 2026, a typical one-bedroom apartment in Alicante costs around 110,000 to 130,000 euros (approximately 115,500 to 136,500 US dollars), with the sweet spot for first-time buyers usually falling between 120,000 and 140,000 euros.
Entry-level one-bedroom apartments in budget neighborhoods start around 100,000 euros (105,000 US dollars), while high-end or renovated one-bedroom units in central Alicante or near the coast can reach 150,000 to 155,000 euros (157,500 to 163,000 US dollars).
One-bedroom apartments in Alicante typically measure between 45 and 60 square meters, which is enough space for a comfortable living area, separate bedroom, kitchen, and bathroom.
How much is a two-bedroom apartment in Alicante in 2026?
As of January 2026, a typical two-bedroom apartment in Alicante costs around 175,000 to 200,000 euros (approximately 184,000 to 210,000 US dollars), making it the most popular category for both families and investors.
Entry-level two-bedroom apartments in more affordable neighborhoods like Campoamor or Los Angeles start around 155,000 euros (163,000 US dollars), while renovated or premium two-bedroom units in Playa de San Juan or Centro can reach 220,000 to 240,000 euros (231,000 to 252,000 US dollars).
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Alicante.
How much is a three-bedroom apartment in Alicante in 2026?
As of January 2026, a typical three-bedroom apartment in Alicante costs around 250,000 to 270,000 euros (approximately 262,500 to 283,500 US dollars), with significant variation depending on whether you choose a family-friendly outer district or a prime coastal location.
Entry-level three-bedroom apartments in non-prime districts start around 210,000 euros (220,500 US dollars), while high-end or renovated three-bedroom units in Centro or Playa de San Juan can reach 300,000 to 330,000 euros (315,000 to 346,500 US dollars).
Three-bedroom apartments in Alicante typically measure between 95 and 120 square meters, which is standard for family-sized homes in the city.
What's the price gap between new and resale apartments in Alicante in 2026?
As of January 2026, new-build apartments in Alicante typically cost 10% to 20% more than comparable resale properties, which is higher than the national average gap of around 6%.
The average price per square meter for new-build apartments in Alicante is around 2,500 to 2,800 euros (approximately 2,625 to 2,940 US dollars), with some coastal developments reaching even higher prices due to premium amenities like terraces, pools, and modern energy ratings.
Resale apartments in Alicante average around 2,200 to 2,300 euros per square meter (approximately 2,310 to 2,415 US dollars), though this includes a wide range from older walk-ups to recently renovated units.
Make a profitable investment in Alicante
Better information leads to better decisions. Save time and money. Download our guide.
Can I afford to buy in Alicante in 2026?
What's the typical total budget (all-in) to buy an apartment in Alicante in 2026?
As of January 2026, if you want to buy a typical 180,000 euro apartment in Alicante, you should budget a total of around 200,000 to 203,000 euros (approximately 210,000 to 213,000 US dollars) to cover both the purchase price and all closing costs.
The all-in budget includes the apartment price itself plus transfer tax (ITP), notary fees, land registry fees, legal or gestoría fees, and any mortgage-related costs if you are financing the purchase.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Alicante property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Alicante.
What down payment is typical to buy in Alicante in 2026?
As of January 2026, the typical down payment to buy an apartment in Alicante is around 20% of the purchase price, which means you would need approximately 36,000 euros (38,000 US dollars) in cash for a 180,000 euro apartment, plus an additional 20,000 to 23,000 euros for closing costs.
Most Spanish banks require a minimum down payment of 20% for residents and 30% to 40% for non-residents, as they typically finance only 60% to 80% of the property value.
To secure favorable mortgage terms in Alicante, a down payment of 25% to 30% is recommended, as this often gives you access to better interest rates and reduces your overall borrowing costs.
You can also read our latest update about mortgage and interest rates in Spain.
We made this infographic to show you how property prices in Spain compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
Which neighborhoods are cheapest or priciest in Alicante in 2026?
How much does the price per m² for apartments vary by neighborhood in Alicante in 2026?
As of January 2026, apartment prices per square meter in Alicante vary dramatically from around 1,220 euros (1,280 US dollars) in the most affordable neighborhoods to over 3,580 euros (3,760 US dollars) in the most expensive areas, which is roughly a threefold difference within the same city.
The most affordable neighborhoods in Alicante include Virgen del Remedio at around 1,220 euros per square meter (1,280 US dollars), Los Angeles at around 1,500 euros per square meter (1,575 US dollars), and Campoamor-Carolinas at around 1,700 euros per square meter (1,785 US dollars).
The most expensive neighborhoods in Alicante include Playa de San Juan-El Cabo at around 3,580 euros per square meter (3,760 US dollars), Centro at around 3,375 euros per square meter (3,545 US dollars), and Cabo de las Huertas at around 3,200 euros per square meter (3,360 US dollars).
By the way, we've written a blog article detailing what are the current best areas to invest in property in Alicante.
What neighborhoods are best for first-time buyers on a budget in Alicante in 2026?
As of January 2026, the three best neighborhoods for first-time buyers on a budget in Alicante are Virgen del Remedio-Juan XXIII, Los Angeles-Tombola-San Nicolas, and Campoamor-Carolinas-Altozano, all of which offer prices well below the city average.
In these budget-friendly neighborhoods, you can expect to pay between 100,000 and 140,000 euros (105,000 to 147,000 US dollars) for a decent two-bedroom apartment, which is significantly less than the 200,000 euros you would pay in central or coastal areas.
These neighborhoods offer good public transport connections via tram and bus, local shops and markets, and a more authentic Spanish atmosphere that appeals to buyers looking for everyday convenience.
The main trade-off when buying in these budget-friendly neighborhoods is that buildings tend to be older (often without elevators), renovation may be needed, and you will be farther from the beach and tourist attractions.
Which neighborhoods have the fastest-rising apartment prices in Alicante in 2026?
As of January 2026, the three neighborhoods with the fastest-rising apartment prices in Alicante are Villafranqueza-Santa Faz-Monegre, Virgen del Remedio-Juan XXIII, and San Blas-PAU, all of which have seen dramatic price increases over the past year.
These fast-appreciating neighborhoods recorded year-over-year price increases of approximately 27.8%, 27.1%, and 22.6% respectively, which is roughly double the city-wide average growth rate.
The main driver behind these rapid price increases is that buyers priced out of central and coastal areas are now looking at previously overlooked neighborhoods, combined with ongoing infrastructure improvements and new commercial developments that make these areas more attractive.
You can also read our latest update about property price forecasts in Alicante.
Don't lose money on your property in Alicante
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What extra costs will I pay on top of the apartment price in Alicante in 2026?
What are all the buyer closing costs when you buy an apartment in Alicante?
For a typical 180,000 euro apartment purchase in Alicante, the estimated total buyer closing costs are around 20,000 to 23,000 euros (approximately 21,000 to 24,000 US dollars), which covers all taxes and professional fees.
The main categories of closing costs buyers must pay in Alicante include transfer tax (ITP) for resale properties or VAT plus stamp duty (AJD) for new builds, notary fees, land registry fees, and legal or gestoría fees if you use professional help.
The largest closing cost for buyers in Alicante is the transfer tax (ITP), which is currently 10% of the purchase price for properties under one million euros in the Valencian Community, though this rate will drop to 9% from June 2026.
Some closing costs are negotiable or can vary between transactions, particularly legal fees and gestoría fees, while taxes and notary fees are fixed by law or regulated tariffs.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Alicante?
Buyers in Alicante should budget approximately 11% to 13% of the purchase price for total closing costs when buying a resale apartment, or 12% to 14% when buying a new-build apartment because VAT and stamp duty can stack higher than transfer tax alone.
The realistic low-to-high percentage range for closing costs covers most standard transactions, with simpler cash purchases at the lower end and mortgage-backed purchases with additional bank fees at the higher end.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Alicante.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Spain versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What are the ongoing monthly and yearly costs of an apartment in Alicante in 2026?
What are typical HOA fees in Alicante right now?
HOA fees (called "gastos de comunidad" in Spanish) are very common in Alicante apartment buildings, with typical monthly costs ranging from 60 to 120 euros (approximately 63 to 126 US dollars) for a standard building with elevator and basic maintenance.
The range of HOA fees in Alicante varies significantly from basic older buildings at around 40 to 60 euros per month up to luxury buildings with pools, gardens, and concierge services at 150 to 200 euros per month or even higher in premium coastal developments.
What utilities should I budget monthly in Alicante right now?
The estimated total monthly utility cost for a typical apartment in Alicante is around 100 to 130 euros (approximately 105 to 137 US dollars), covering electricity, water, and cooking gas if applicable.
The realistic range of monthly utility costs varies from around 90 euros for a small apartment with moderate usage up to 170 euros for larger apartments during peak summer months when air conditioning runs frequently.
The typical monthly utility budget in Alicante includes electricity at 60 to 100 euros, water at 15 to 35 euros, cooking gas at 15 to 30 euros (if piped), and internet at 28 to 40 euros.
Electricity is the most expensive utility for apartment owners in Alicante, especially during summer when temperatures regularly exceed 35 degrees Celsius and air conditioning becomes essential.
How much is property tax on apartments in Alicante?
The estimated typical annual property tax (IBI) for an apartment in Alicante is around 300 to 450 euros (approximately 315 to 473 US dollars), though this depends heavily on your property's cadastral value.
Property tax in Alicante is calculated by multiplying the cadastral value (a government-assigned value typically much lower than market value) by the local IBI rate, which is approximately 0.62% for urban properties in Alicante city.
The realistic range of annual property tax in Alicante spans from around 250 euros for smaller apartments with low cadastral values up to 600 euros or more for larger or better-located properties.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Alicante.
What's the yearly building maintenance cost in Alicante?
The estimated typical yearly building maintenance cost for apartment owners in Alicante is around 900 to 1,500 euros (approximately 945 to 1,575 US dollars), which is primarily covered through your monthly HOA fees.
The realistic range of yearly maintenance costs varies from around 700 euros for basic older buildings up to 2,400 euros or more for modern buildings with extensive amenities like pools, gyms, and landscaped gardens.
Typical building maintenance expenses in Alicante include elevator maintenance, common area cleaning, exterior lighting, building insurance, and contributions to the reserve fund for future repairs.
In most Alicante buildings, regular maintenance costs are included in your monthly HOA fees, but major repairs like facade renovations or elevator replacements may trigger special assessments that are charged separately.
How much does home insurance cost in Alicante?
The estimated typical annual home insurance cost for an apartment in Alicante is around 200 to 350 euros (approximately 210 to 368 US dollars), covering contents and your share of building structure as applicable.
The realistic range of annual home insurance costs varies from around 150 euros for basic coverage up to 450 euros for comprehensive policies that include theft protection, accidental damage, and higher coverage limits.
Home insurance is not legally mandatory for apartment owners in Alicante, but it is strongly recommended and often required by mortgage lenders as a condition of financing.
Get fresh and reliable information about the market in Alicante
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Alicante, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Idealista | Spain's largest property portal with transparent, methodology-based price indices. | We used it to anchor current asking prices per square meter for Alicante city and each district. We also extracted year-over-year price changes to identify fastest-rising areas. |
| Tinsa | Major Spanish appraisal firm whose housing indicators are widely referenced by institutions. | We used it as an independent valuation-based benchmark closer to transaction reality. We triangulated it with Idealista to estimate likely sale-price ranges. |
| Colegio de Registradores | Official nationwide dataset based on property registry information. | We used it to anchor Spain-wide new versus resale prices and transaction share data. We estimated the new-build premium magnitude from this source. |
| datos.gob.es | Spain's official open-data catalog pointing to government-produced datasets. | We used it to validate that housing valuation series are official government data. We cross-checked Alicante-area levels against portal asking prices. |
| INE (Instituto Nacional de Estadistica) | Spain's national statistics institute, the top official source for household spending patterns. | We used it to ground recurring-cost discussions in how Spanish households actually spend. We anchored Alicante-specific estimates to official spending context. |
| CNMC | Spain's regulator for telecoms and markets, publishing official sector metrics. | We used it as a regulator anchor when discussing internet and telecom costs. We translated official data into realistic monthly budget ranges. |
| Ayuntamiento de Alicante | The city's official website describing its own property-tax ordinance and rates. | We used it to pin down the urban IBI rate that applies locally. We explained how to translate that rate into annual euro estimates. |
| Ayuntamiento de Alicante (Waste Fee) | The city's official page on municipal waste collection charges. | We used it to include a recurring cost many foreigners miss. We summarized how it typically appears as an annual bill. |
| Cuatrecasas | Top-tier law firm summarizing enacted regional tax changes with effective dates. | We used it to date-stamp what's true in January 2026 versus what changes later. We paired it with Generalitat guidance for accuracy. |
| Generalitat Valenciana | Official Generalitat portal describing the tax procedure and filing requirements. | We used it to ensure we describe closing costs and procedures correctly. We layered rate estimates using law-firm bulletins for January 2026. |
| Notariado | Official notarial institution explaining notary charges and fee structures. | We used it to explain notary costs as regulated fees. We converted fee schedules into practical percentage ranges for typical purchases. |
| Portal Estadistico Notariado | Official notarial data portal based on actual deeded transactions. | We used it as reference for transaction prices versus listings. It informed our triangulation logic for realistic buy prices. |
| SUMA Gestion Tributaria | Public agency managing tax collection for all municipalities in Alicante province. | We referenced SUMA for IBI payment procedures and local tax administration. We explained how foreigners can manage property tax payments. |
| Indomio | Real estate market analytics platform tracking price trends over time. | We used it to verify price trends and district-level variations. We cross-referenced with Idealista data for consistency. |
| Catastro | Spain's official land registry for cadastral values used in tax calculations. | We referenced it to explain how cadastral values work. We noted that cadastral value is typically much lower than market value. |
| Ministerio de Fomento | Government-hosted endpoint for official housing valuation statistics. | We used it to cross-check Alicante-area valuation levels against portal asking prices. We treated it as another triangulation leg. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Spain. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.