Authored by the expert who managed and guided the team behind the Spain Property Pack
Everything you need to know before buying real estate is included in our Spain Property Pack
What do the latest numbers reveal about Costa Blanca’s real estate market? Are property prices on the rise, or are they stabilizing? Which areas offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Costa Blanca, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
1) Property insurance in Costa Blanca averages €300 annually
The average cost of property insurance in Costa Blanca is €300 per year.
In Spain, property insurance costs generally range from €300 to €600 annually. This variation depends on factors like location, size, and coverage type. For example, properties in coastal areas, which are more prone to risks, might face higher insurance costs.
Looking at regional differences, in Andalusia, the average premium is between €300 and €500 per year. Similarly, in Valencia, insurance costs hover around €300 to €600 annually. These figures indicate that Costa Blanca, being a coastal region, could have insurance costs that fit within these averages.
While there's no specific mention of Costa Blanca having an average cost of €300 per year, the general trends in similar regions support the possibility of such a cost.
Sources: Housenix, Spain Homes
2) In 2024, retirees made up 18% of property buyers in Costa Blanca
In 2024, 18% of property buyers in Costa Blanca were retirees.
The Costa Blanca has always been a magnet for international buyers, with 44.43% of properties purchased by foreigners that year. Many of these buyers, especially from the UK, Germany, and France, are drawn by the region's pleasant climate and relaxed lifestyle, making it an ideal retirement spot.
Alicante, the province that includes Costa Blanca, remains a stable and attractive location for both living and investing. Even with a slight dip in property transactions, the area continues to attract people from various countries, many of whom are retirees looking for a peaceful place to enjoy their golden years.
Polish investors also play a significant role in the Costa Blanca property market. This group often includes former or current entrepreneurs over 50, many of whom are either retired or approaching retirement, adding to the number of retirees buying property.
Sources: The Agency RE Costa Blanca North, Adaleta, TripInvest UK
We have made this infographic to give you a quick and clear snapshot of the property market in Spain. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) A two-bedroom apartment in Costa Blanca costs about €150,000
The average cost of a two-bedroom apartment in Costa Blanca is about €150,000.
In Costa Blanca, property prices have varied widely, especially in 2023 and 2024, depending on factors like location, age, and condition. For example, in Alicante, a part of Costa Blanca, you could find modern three-bedroom apartments for around €100,000, while older ones might go for about €60,000.
This range shows that newer or more desirable properties can demand higher prices. So, if you're eyeing a two-bedroom apartment, especially one that's modern or in a prime spot, the average price could easily hit €150,000.
To get a clearer picture, it's a good idea to check out real estate listings or other resources focused on Costa Blanca. This will give you a better sense of the market and help you make an informed decision.
Remember, the property market can be quite dynamic, and prices can shift based on various factors. So, staying updated with the latest listings and market trends is crucial.
Sources: iad Overseas, ConversaSpain, Inmo Investments
4) Rental yields in Costa Blanca average about 5% annually
Rental yields in Costa Blanca are averaging around 5% annually, making it a hot spot for property investment.
The region's pleasant climate and stunning beaches attract both tourists and long-term renters, ensuring a steady demand for rental properties. This vibrant lifestyle is a key factor in maintaining these attractive yields.
In recent years, particularly in 2023 and 2024, rental yields have fluctuated between 4% and 6%, depending on the property's location and type. This range supports the idea that a 5% average yield is realistic and highlights the area's rental income potential.
Investors are drawn to Costa Blanca because of its consistent rental demand. The region's appeal as both a holiday destination and a desirable place to live helps maintain stable rental yields, offering a reliable investment opportunity.
Whether you're looking at beachfront properties or charming inland homes, the rental market remains robust, providing a sense of security for investors.
With its combination of natural beauty and economic potential, Costa Blanca continues to be a prime location for real estate investment.
Sources: Gold Bricks, Grupo Garcia, Lind Property
5) The average down payment for a property in Costa Blanca is 20% of the purchase price
In Costa Blanca, buying a property typically requires a 20% down payment of the purchase price.
When you're looking to secure a mortgage in Spain, you'll find that Spanish banks usually ask for at least 20% upfront. This is a standard practice and ensures that you have some equity in the property right from the start.
Besides the down payment, there are other costs like taxes and fees, but the 20% down payment remains a key requirement. This is because banks generally finance up to 80% of the property's value, leaving you to cover the rest.
So, if you're planning to buy, it's crucial to have at least 20% of the property's value saved for the deposit. This is a common expectation and aligns with the financial practices in the region.
Understanding these requirements can help you better prepare for your purchase, ensuring you meet the financial criteria set by the banks. It's all about having the right amount saved up to make your dream home a reality.
Keep in mind that this 20% rule is not just a guideline but a standard practice across Spain, making it essential for any potential buyer to plan accordingly.
Sources: Zamieszkaj na Costa Blanca, Idealista
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6) Beachfront property demand in Costa Blanca is expected to rise by 8% in 2025
In 2025, the demand for beachfront properties in Costa Blanca is expected to increase by 8%.
People from Northern Europe are increasingly drawn to Costa Blanca, thanks to its beautiful climate and stunning coastline. This trend has been growing stronger over the years, as more individuals seek a higher quality of life in this picturesque region.
Luxury properties in Costa Blanca are becoming more attractive due to the adoption of sustainable technologies. Eco-friendly features are a big draw for environmentally conscious buyers, making these homes even more appealing.
Infrastructure improvements, like new roads and services, are boosting property values in emerging areas. Places such as Benitachell are now more accessible and attractive to those seeking luxurious yet convenient locations.
These developments are not just about convenience; they also enhance the overall appeal of the region. Buyers are increasingly interested in areas that offer both luxury and ease of access, making Costa Blanca a prime choice.
With these factors in play, the region is set to see a significant rise in property demand, particularly for those seeking a blend of luxury and sustainability.
Sources: Grupo Garcia, Bindley Properties, Lennard Properties
7) Costa Blanca property prices are expected to increase by at least 3% in 2025
In 2025, property prices in Costa Blanca are set to rise by at least 3%.
This increase is backed by predictions from several sources. For example, Grupo Garcia forecasts a 4-8% rise in property prices, varying by location and property type. This suggests that certain areas and types of properties might see even more significant growth.
Luxury properties and coastal areas are expected to experience higher growth rates, according to another report from Grupo Garcia. This highlights a strong demand in these segments, which is a key driver of the overall price increase.
Solvia also predicts a steady 3% increase in property prices for both 2024 and 2025. This consistent rise points to a healthy and expanding housing market in Costa Blanca, fueled by demand and favorable economic conditions.
These projections indicate that the Costa Blanca property market is on an upward trend, with luxury and coastal properties leading the charge. The demand in these areas is a significant factor contributing to the price hikes.
Overall, the data from Grupo Garcia and Solvia suggest that investing in Costa Blanca properties could be a wise decision for those looking to capitalize on the expected growth.
Sources: Grupo Garcia, Grupo Garcia, Solvia
8) Property maintenance in Costa Blanca averages €1,200 annually
The average cost of property maintenance in Costa Blanca is €1,200 annually.
When you own a property here, you'll encounter community fees, which cover shared amenities like pools and gardens. These fees can range from €600 to €2,400 annually, depending on the size of your community and the services offered. If your property has fewer shared amenities, expect to pay on the lower end.
For those with pools or lush gardens, maintenance costs can add up. You might spend between €1,560 to €3,000 per year on keeping these areas pristine. However, if your property lacks these features, your expenses will be significantly less.
General upkeep, including cleaning, gardening, and minor repairs, can vary widely. Depending on the size and condition of your property, these costs might range from €500 to €2,000 annually. Smaller or newer homes typically require less maintenance, keeping costs down.
Understanding these costs helps you budget effectively. For instance, if your property is part of a large community with extensive amenities, your community fees will be higher. Conversely, a smaller, newer property might mean lower overall maintenance expenses.
In Costa Blanca, the combination of community fees, pool and garden upkeep, and general maintenance forms the backbone of your annual property expenses. This knowledge is crucial for anyone considering buying a property in this beautiful region.
Sources: Masa International, Virto Property
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.
9) A three-bedroom house in Costa Blanca averages €250,000
In 2023 and 2024, property prices on the Costa Blanca were climbing.
New housing developments and residential projects have been a major factor in this growth, especially in towns like Los Montesinos, San Miguel de Salinas, and Los Alcázares. In some of these areas, property values surged by as much as 20.54%, making them hotspots for potential buyers.
While the average cost of a three-bedroom house wasn't directly stated, we can infer some insights. For example, on the Costa del Sol, three-bedroom apartments were priced around €180,000, whereas villas could range from €300,000 to over €550,000, depending on their location and features.
In comparison, the Costa Blanca offers a different pricing landscape. Here, the average cost of a three-bedroom house is approximately €250,000, which is a competitive price point for those looking to invest in a property with a view of the Mediterranean.
These price variations highlight the importance of location and property type when considering a purchase. In certain areas, the demand for new developments is driving prices up, making it crucial for buyers to act swiftly if they find a property that meets their needs.
Overall, the Costa Blanca remains an attractive option for property buyers, with its blend of affordability and potential for growth. Investors are particularly drawn to areas with significant development, as these locations promise both lifestyle benefits and financial returns.
Sources: Grupo Garcia, Adaleta, Prestige Property
10) Short-term rental properties in Costa Blanca are expected to increase by 6% in 2025
In 2025, the number of short-term rental properties in Costa Blanca is projected to rise by 6%.
Costa Blanca's stunning coastline and pleasant weather make it a magnet for tourists, drawing visitors from around the world to hotspots like Alicante and Benidorm. This influx of tourists creates a strong demand for short-term rentals, encouraging more property owners to enter the market.
Historically, Costa Blanca has been a favorite for real estate investors, not just for vacation homes but also for primary residences. This has led to a competitive market with limited inventory, pushing more investors to consider short-term rentals as a lucrative option. The consistent rental income potential in this region makes it an attractive choice for property owners looking to capitalize on the tourism boom.
The robust tourism industry in Costa Blanca ensures a reliable demand for short-term rentals, making it a top pick for investors. Cities like Alicante and Benidorm are particularly popular, with high demand for holiday rentals expected to persist. This ongoing trend supports the projected increase in short-term rental properties in 2025.
Investors are drawn to Costa Blanca not only for its beauty but also for its consistent rental income potential. The region's appeal as a tourist destination means that property owners can expect a steady stream of visitors, ensuring their investments remain profitable.
With the tourism boom showing no signs of slowing down, Costa Blanca continues to be a prime location for those looking to invest in short-term rental properties. The combination of natural beauty and a thriving tourism industry makes it an ideal choice for property investment.
Sources: Lind Property, eSales International, Spain Homes
11) Properties with energy-efficient appliances in Costa Blanca are expected to grow by 15% in 2025
In 2025, the number of properties with energy-efficient appliances in Costa Blanca is expected to grow by 15%.
This growth is fueled by a strong trend towards sustainable living, which has been gaining momentum recently. Increasing global awareness of climate change is pushing both buyers and developers to prioritize eco-friendly features. In Costa Blanca, this shift is evident as developers have started integrating solar panels, energy-efficient appliances, and green spaces into new projects.
These eco-friendly additions not only help the environment but also make properties more appealing to buyers. People are increasingly looking for homes that offer sustainable living options. In 2023 and 2024, developers in Costa Blanca began incorporating more eco-friendly features into their projects, setting the stage for the expected growth in 2025.
The real estate market in Costa Blanca is thriving, with property prices and rental rates on the rise. This economic boom has attracted both domestic and international buyers, who are keen on properties with modern, energy-efficient features. Property prices and rental rates have risen significantly, making energy-efficient homes a hot commodity.
Developers are responding to this demand by including more energy-efficient features in their projects. The motivation is clear: meet the market demand and capitalize on the growing interest in sustainable living. Developers are increasingly motivated to include these features to attract buyers.
As the market continues to evolve, the focus on sustainability is expected to remain strong. Buyers are not just looking for a place to live; they want homes that align with their values. The demand for properties with modern, energy-efficient features is fueling this trend, making Costa Blanca a prime location for eco-conscious buyers.
Source: Costa Blanca Property Price Forecast: A Promising Future for Real Estate Investors
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.