Why you should buy property in Alicante
Having visited the fabulous Costa Blanca once, it is impossible to remain indifferent. This combination of sea and sun, comfort and beauty will probably forever disturb your soul and sooner or later make you think about buying real estate in these wonderful places. Among the coastal resorts we can single out Alicante, the capital of the province of the same name, a town with a population of more than 300,000 people. Today, to buy property in Alicante means doing absolutely the right thing, since this is not only a step towards increasing your level of comfort, but also a successful investment.
Many analysts note that recently property for sale in Alicante has become increasingly popular in the Spanish real estate market. The variety of properties, quality of development, proximity to the beachfront are combined here with quite reasonable prices.
As of October 2023, the following prices for the sale and rental of real estate are recorded in Alicante:
| Sale, €/sq.m | Rent, €/sq.m | |
| Average price | 1955 | 10.69 |
| Price range | 937-2615 | 6.82-11.92 |
For comparison, in the towns of the provinces of the Autonomous Community of Catalonia, located north of the province of Alicante, the average prices for the sale and rental of real estate are as follows:
| Sale, €/sq.m | Rent, €/sq.m | |
| Average price | 2202 | 16.75 |
Properties in Alicante – a guarantee of a high quality of life
The city of Alicante has a long history, as it was founded before our era. Then it was called the City of Light, since there are more than 300 sunny days a year. Majestic castles and museums where you can view historical monuments will be a real discovery for lovers of antiquity. Today it is not only a famous resort, but also a major center on the Mediterranean coast with developed light industry, metallurgy, mechanical engineering and trade.
Alicante ranks fifth in Spain in terms of the number of healthcare facilities and hospital beds. And given that the Spanish healthcare system is considered one of the best in the world, we can say that medical care in Alicante is at a high level.
In Alicante you can get an excellent education by studying at one of the most prestigious universities in the country - the state university. A diploma obtained here gives the right to work in any European country.
Alicante not only has a wonderful climate and beautiful environment, but also healthy and delicious food. Many cozy restaurants and bars offer a rich selection of dishes from different cuisines of the world. Having property in Alicante, you can simply go outside, sit down at the table of a cozy establishment, and you will be offered a varied menu, where you will find something especially attractive for yourself.
But still, the main advantage of this city is that every day you can enjoy the nature, the weather, the opportunity to spend a lot of time on the beach, playing your favorite sports, hiking, shopping, and chatting with friends. If you buy property in Alicante, you will significantly improve your standard of living and bring comfort and luxury into your life.
Property for sale in Alicante Spain - general characteristics of existing types
When choosing property for sale in Alicante, it is very important not to make a mistake with its location and specific type. Alicante has several districts, each with its own unique features. Downtown El Barrio has a fast pace of life, with many offices and shopping establishments. In the area of the Esplanade de España, property for sale in Alicante has higher prices due to their proximity to the sea.
The Playa de San Juan area is characterized by modern residential complexes with all modern amenities. Here, immigrants and retired Spaniards buy property in Alicante. Within the city limits there is a small fishing village of Santa Pola, where you can enjoy traditional Spanish lifestyle and fresh seafood. In this area, properties for sale in Alicante have lower prices.
As for the types of property for sale in Alicante, Spain, here you can easily find a wide variety of properties that meet your needs and fit your budget.
These include:
- apartments with a different number of bedrooms and bathrooms, a range of amenities;
- penthouses;
- townhouses;
- chalets;
- bungalows;
- villas.
Examples of offers on the local market include the following properties:
| Property type | Living area, sq.m | Number of bedrooms/bathrooms | Brief description | Price, € |
| Studio apartment | 45 | -/1 | Partial furniture, appliances, storage room | 63,000 |
| Apartments | 84 | 2/1 | Renovated, spacious living room, partially furnished, heating, located on the 1st floor of a 3-story building | 121,000 |
| Apartments | 96 | 3/2 | Gas heating, air conditioning, built-in wardrobes, balcony with panoramic views, parquet flooring, security system, pool near the house | 140,000 |
| Penthouse | 165 | 3/3 | Living room, dining room, terrace overlooking the sea, heated floors, air conditioning. The residential complex has a swimming pool, utility rooms and an underground garage | 399,000 |
| Townhouse | 210 | 4/3 | Located on the first line from the sea. Living room, dining room, two terraces overlooking the sea, household appliances and partial furniture, heating, air conditioning. On the premises, there is a swimming pool, garage, garden and parking | 1,095,000 |
| Villa | 435 | 5/3 | On the premises, there is a swimming pool, garden, sports ground and barbecue area. House on three levels with living room, dining room with fireplace, two terraces, solarium on the roof, household appliances, security system | 1,675,000 |
Properties for sale in Alicante are also of interest from an investment point of view. Many residents of different regions of Spain and foreign tourists choose this resort for their holidays. They actively rent properties in Alicante for the season, which provides the owner with a stable income. At the same time, you should not forget about the need to pay tax on the funds you receive.
How to buy property in Alicante
The process of purchasing properties in Alicante is regulated by a set of legislative acts. Since the Spanish authorities are interested in attracting capital from foreign investors, there are virtually no insurmountable obstacles when making a purchase. In order to become the owner of an apartment or house, you must do the following:
- select a property;
- open an account in a bank in Spain;
- pay a deposit of about 10% of the price of the property;
- make a reservation of a property by signing the appropriate agreement;
- clarify who is the owner of the property, check for unpaid debts;
- pay the full cost of the property minus the security deposit;
- sign a purchase and sale agreement;
- register ownership of the property.
To consistently go through the stages of purchasing real estate, you can seek help from specialists. There are many companies in the Spanish real estate market that specialize in providing legal and financial assistance to those wishing to purchase a home. One of such agencies is the WTG Spain group of companies, whose staff includes experienced sales managers. You can completely trust their professionalism, and in a short period of time become the happy owner of a beautiful apartment or mansion in Alicante.
