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As of June 2025, Alicante's property market offers excellent value compared to other Spanish coastal cities, with average prices around €2,500 per square meter.
The Costa Blanca capital has seen remarkable growth in recent years, with property prices rising 15.8% in the last 12 months alone. From budget-friendly apartments starting at €100,000 to luxury villas exceeding €5 million, Alicante caters to all investment levels while maintaining strong rental yields of 5-6%.
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Alicante property prices average €2,500/m² with apartments from €100,000-€1M+ and villas from €500,000-€5M+. Coastal areas like Playa de San Juan command €3,000-€5,000/m² while budget zones start at €700/m².
The market has grown 15.8% year-on-year with forecasts predicting continued 3-7% annual growth driven by international demand and limited supply.
| Property Type | Price Range (€) | Average Size (m²) |
|---|---|---|
| Studio/1-bed Apartment | 100,000 - 150,000 | 40 - 60 |
| 2-3 bed Apartment | 150,000 - 400,000 | 70 - 120 |
| Luxury Apartment/Penthouse | 400,000 - 1,000,000+ | 100 - 200 |
| Townhouse | 120,000 - 500,000 | 100 - 200 |
| Villa | 500,000 - 5,000,000+ | 200 - 500+ |
| Bungalow | 200,000 - 600,000 | 80 - 150 |
| Duplex | 250,000 - 800,000 | 120 - 250 |
What types of properties are available in Alicante and how do prices differ?
Alicante offers diverse property types including apartments, townhouses, villas, bungalows, and duplexes, with prices varying significantly based on type and location.
Apartments represent the most popular choice, ranging from budget studios at €100,000 to luxury penthouses exceeding €1 million. Modern apartments in coastal areas like Playa de San Juan typically cost €300,000-€600,000 for a 2-3 bedroom unit.
Townhouses provide a middle-ground option, with traditional Spanish homes featuring courtyards starting around €120,000 in working-class neighborhoods and reaching €500,000 in central or historic areas. These properties typically offer 100-200 square meters of living space.
Villas represent the premium segment, starting at €500,000 for entry-level properties and reaching €5 million or more for luxury coastal estates. Most villas include private gardens, pools, and range from 200-500+ square meters.
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What are the main neighborhoods in Alicante and how do prices vary?
Alicante's neighborhoods show dramatic price variations, with coastal and central areas commanding premium prices while inland zones offer budget-friendly options.
Playa de San Juan stands as the most expensive area, with properties averaging €3,000-€3,300 per square meter due to its beachfront location and modern developments. Cabo de las Huertas reaches even higher at €3,000-€5,000+ per square meter, attracting luxury villa buyers seeking exclusivity.
The city center (Centro) maintains strong appeal with prices around €2,700-€3,000 per square meter, offering proximity to amenities, restaurants, and cultural attractions. Ensanche-Diputación, the business district, averages €2,400-€2,900 per square meter.
Mid-range options include Vistahermosa (€2,000-€2,500/m²), popular with families for its modern developments, and Campoamor/Carolinas (€1,800-€2,000/m²), favored by locals for residential living.
Budget-conscious buyers can explore Zona Norte, Virgen del Remedio, and Juan XXIII, where prices range from €700-€1,200 per square meter, offering renovation potential in working-class neighborhoods.
What is the average surface area and price per square meter across neighborhoods?
Property sizes in Alicante vary significantly by type, with apartments averaging 60-120 square meters, townhouses 100-200 square meters, and villas 200-500+ square meters.
| Area/Neighborhood | Price per m² (€) | Typical Property Size (m²) |
|---|---|---|
| Playa de San Juan | 3,000 - 3,300 | 80 - 150 (apartments) |
| Cabo de las Huertas | 3,000 - 5,000+ | 200 - 500+ (villas) |
| Centro | 2,700 - 3,000 | 60 - 120 (apartments) |
| Ensanche-Diputación | 2,400 - 2,900 | 70 - 140 (apartments) |
| Vistahermosa | 2,000 - 2,500 | 80 - 160 (mixed) |
| Campoamor/Carolinas | 1,800 - 2,000 | 90 - 180 (mixed) |
| Budget zones (Norte, etc.) | 700 - 1,200 | 60 - 140 (apartments) |
What is the current average purchase price including all fees and taxes?
The current average purchase price in Alicante stands at approximately €417,684, though this figure includes high-value luxury properties that skew the average upward.
Most buyers can expect to pay between €200,000-€400,000 for typical apartments and townhouses in good locations. Beyond the purchase price, buyers must budget an additional 10-15% for fees, taxes, and closing costs.
These additional costs include Property Transfer Tax (ITP) at 6-10% for resale properties or 10% VAT for new builds, notary and land registry fees (0.5-2%), legal fees (1-2%), and mortgage arrangement fees if applicable (1-2%).
For a €300,000 property purchase, buyers should budget approximately €330,000-€345,000 total including all costs. International buyers should also factor in currency exchange fees and potential banking charges.
Survey costs, utility connections, and property insurance add variable amounts depending on the specific property and buyer requirements.
How have property prices in Alicante changed over the past 5 years?
Alicante's property market has experienced substantial growth over the past five years, significantly outpacing many other Spanish cities.
From 2019-2023, prices rose steadily with acceleration during and after the pandemic as buyers sought coastal lifestyle properties. The 2023-2024 period saw particularly strong growth of 10-17% annually.
As of June 2025, prices have increased 15.8% year-on-year, reaching the current average of €2,477-€2,521 per square meter. This represents one of the strongest growth rates among Spanish coastal cities.
The dramatic price increases reflect limited supply, strong international demand (particularly from northern Europeans), and Alicante's growing reputation as an affordable alternative to more expensive coastal destinations.
Historical data shows consistent upward pressure with only minor seasonal fluctuations, indicating a robust and stable market foundation.
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What are the forecasted property price trends for the next 1, 5, and 10 years?
Property price forecasts for Alicante show continued growth albeit at more moderate rates than recent years.
For the next 12 months, experts predict 3-7% growth as the market stabilizes from the exceptional gains of 2024-2025. This moderation reflects natural market correction and potential interest rate impacts.
The 5-year outlook remains positive with steady annual growth expected of 4-6%, driven by Alicante's fundamental strengths including climate, infrastructure improvements, and sustained international buyer interest.
Long-term 10-year projections suggest continued appreciation of 3-5% annually, assuming stable economic conditions and continued development of the Costa Blanca region as a premium destination.
Key growth drivers include limited developable coastal land, improving transport links, and Alicante's positioning as an affordable alternative to saturated markets like Barcelona and Madrid.
What are example prices for different property types in popular districts?
Specific property examples across Alicante's popular districts demonstrate the range of options available to different budget levels.
In Playa de San Juan, a typical 2-bedroom new apartment costs around €333,000, while luxury penthouses with sea views can reach €800,000-€1.2 million. The area's proximity to the beach and modern amenities justifies premium pricing.
Centro offers more affordable options with 2-bedroom apartments starting around €135,000 for older properties, rising to €250,000-€300,000 for renovated units near the main shopping areas.
Cabo de las Huertas represents the luxury segment, where villas range from €3-10 million depending on size, location, and amenities. These properties typically include private pools, gardens, and direct beach access.
Budget-conscious buyers can find 2-bedroom apartments in Zona Norte starting from €70,000-€120,000, offering renovation opportunities in established neighborhoods with good transport links.
What are the total monthly costs of owning a home in Alicante?
Monthly ownership costs in Alicante are relatively modest compared to other European coastal cities, making it attractive for both residents and investors.
| Cost Category | Monthly Amount (€) | Annual Amount (€) |
|---|---|---|
| Community Fees | 30 - 150 | 360 - 1,800 |
| Utilities (electric, water, internet) | 100 - 250 | 1,200 - 3,000 |
| Property Tax (IBI) | 17 - 67 | 200 - 800 |
| Property Insurance | 25 - 33 | 300 - 400 |
| Waste Collection | 5 - 11 | 60 - 130 |
| Total Monthly | 177 - 511 | 2,120 - 6,130 |
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How do mortgage options work for local and international buyers?
Mortgage availability in Alicante differs significantly between Spanish residents and international buyers, with varying loan-to-value ratios and requirements.
Spanish residents can typically access up to 80% loan-to-value (LTV), while international buyers are generally limited to 60-70% LTV. This means foreign buyers need larger deposits, typically 30-40% of the purchase price.
Current interest rates as of mid-2025 range from 3-4% for both fixed and variable rate mortgages, with terms typically extending 20-25 years. Banks require proof of income, employment stability, and comprehensive financial documentation.
A typical mortgage scenario involves a €120,000 loan at 3.2% fixed rate over 25 years, resulting in monthly payments of approximately €585. International buyers should factor in additional costs for legal representation and translation services.
Pre-approval processes usually take 2-4 weeks, with final approval requiring property valuation and legal checks taking an additional 4-6 weeks.
What are the best property types and locations for different purposes?
Property selection in Alicante should align with your intended use, whether for permanent residence, vacation home, or rental investment.
For full-time living, the best locations include Centro for urban amenities, Ensanche-Diputación for business proximity, Vistahermosa for family-friendly environments, and Playa de San Juan for beachside lifestyle. Modern apartments and townhouses work best for permanent residents.
Short-term vacation rentals perform best in tourist-focused areas like Playa de San Juan, Cabo de las Huertas, and beachfront Centro locations. Apartments with sea views, penthouses, and villas with pools generate highest rental rates.
Long-term rental investments should target residential areas like Campoamor, Carolinas, Vistahermosa, and even budget zones like Zona Norte where local demand remains strong. Standard 2-3 bedroom apartments provide steady rental income with lower vacancy rates.
Mixed-use strategies work well in central locations where properties can serve as both vacation homes and rental investments during owner absence.
Which areas and property types offer the best investment potential?
Investment potential in Alicante varies significantly by location and property type, with coastal and central areas offering the strongest appreciation prospects.
Playa de San Juan leads investment potential due to limited beachfront supply, strong rental demand, and continued development of luxury amenities. Modern apartments and penthouses in this area show consistent 5-6% rental yields plus capital appreciation.
Cabo de las Huertas attracts ultra-high-net-worth buyers seeking exclusive villas, with properties often appreciating faster than the general market due to scarcity and prestige value.
Centro properties benefit from consistent demand for both living and short-term rentals, while Vistahermosa represents emerging value as the area develops with new infrastructure and amenities.
Property types showing strongest investment potential include modern apartments with amenities, penthouses with terraces, and villas in prestigious locations. Renovation projects in budget areas can yield excellent returns for experienced investors.
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How does Alicante compare to other similar Spanish cities?
Alicante's property market offers compelling advantages compared to other major Spanish coastal cities in terms of pricing, growth, and investment returns.
| City | Avg. Price (€/m²) | YoY Growth | Rental Yield |
|---|---|---|---|
| Alicante | 2,500 | +15% | 5-6% |
| Valencia | 2,300 | +24% | 4-5% |
| Málaga | 3,100 | +20% | 4-5% |
| Palma de Mallorca | 3,000-5,000 | +9% | 3-4% |
| Barcelona (coastal) | 4,500+ | +8% | 3-4% |
Alicante provides superior rental yields compared to premium destinations like Palma de Mallorca and Barcelona, while maintaining more affordable entry prices than Málaga. Valencia shows higher growth rates but offers lower yields, making Alicante attractive for income-focused investors.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Alicante's property market in mid-2025 presents excellent opportunities for both residents and investors, with diverse options from €100,000 apartments to €5M+ luxury villas.
The combination of 15.8% annual growth, 5-6% rental yields, and reasonable ownership costs makes Alicante one of Spain's most attractive coastal investment destinations.