Costa Blanca is a tourist region on the Mediterranean coast of Spain, located in the province of Alicante and characterized by an excellent climate, developed infrastructure and magnificent beaches. No wonder the Costa Blanca is one of the most popular destinations for buying property in Spain among foreign buyers.
Alicante, the capital of the province of the same name, divides the region into northern and southern parts. The northern part is distinguished by an abundance of greenery, varied landscapes, beautiful scenery and a large number of picturesque rocky bays with stunning sea views. Property in this part of the Costa Blanca is bought by those who are looking for maximum comfort and peace away from the noise of the city. On the coast in the northern part of the Costa Blanca, mainly luxury housing is being built: luxury villas, modern apartments and penthouses with magnificent views, townhouses with an exclusive design.
The southern part is flat. The average annual temperature here is higher than in the northern half. The coastline of the southern Costa Blanca boasts long and wide beaches covered with soft golden sand. Property prices here are slightly lower than in Spain as a whole, and also than in the north of the Costa Blanca. This area of Spain is loved by foreign citizens due to its proximity to the sea and a large selection of real estate at affordable prices.
The infrastructure of the Costa Blanca allows you to live and relax comfortably in this region all year round. Below we will talk about the most popular cities for buying property in Spain, on the Costa Blanca for living, holidays and rentals.
Alicante is the main city of the Costa Blanca
Alicante is the capital of the province of the same name. In Alicante, people most often buy real estate for their own residence or for rent. If we talk about areas, the most budget-friendly is Virgen del Remedio, and the most prestigious are Playa de San and Albufereta.
The minimum cost of apartments in Alicante is 35,000-40,000 €. Such apartments can be found on the secondary market. Basically, we are talking about apartments with an area of about 70 m2, located in houses built in the 70s.
The cost of newer apartments with an area of 55-65 m2 will be around 155,000 euros – these are the most expensive options; on average, you can find offers of around 100,000 €. For this amount you can purchase apartments on the secondary market near the sea.
If we talk about new buildings, the prices are as follows: the minimum cost of the property is 90,000 €. For 160,000-180,000 € you can buy an apartment in a modern residential complex, with a swimming pool, a few minutes from the best beach of Alicante.
Real estate in Alicante will be of interest to investors. This city is perfect for rental housing for students in Spain, since there is a university in Alicante.
Costa Blanca cities Benidorm and Finestrat
Benidorm is a city in the northern part of the Costa Blanca, very popular among tourists. It is called the tourist capital of the Costa Blanca. It is located 40 minutes from Alicante airport. Benidorm has a very developed infrastructure and offers a lot of entertainment for every taste: water parks, amusement parks, dolphinariums, zoos, as well as cafes, bars, restaurants, clubs and discos. Most of the tourists come from European countries. Benidorm has clean, landscaped streets, a British school, and two wide, well-equipped beaches marked with the Blue Flag. Real estate in Benidorm is bought mainly by EU citizens.
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The average cost of housing in Benidorm in 2021 is 2100 euros/m2.
Finestrat is located 7 minutes from Benidorm. Although it is a separate municipality, it is often referred to as a suburb of Benidorm. The thing is that the center of the municipality – the ancient town of Finestrat – is located away from the sea, next to the mountains, and its coastal part is closely adjacent to Benidorm, literally merging with it. Benidorm is a major tourist center with many hotels, and Finestrat offers plenty of entertainment and shopping options.
Today, Finestrat is experiencing a construction boom and is being actively built up. The average cost of real estate in Finestrat, as in Benidorm, is 2100 euros/m2.
Torrevieja is the most touristic city on the Costa Blanca
Torrevieja is a city in the south of the Costa Blanca. All surroundings of Torrevieja are built up with urbanizations; this is where a large selection of new real estate in Spain is presented. The cost of real estate in Torrevieja is the most affordable along the coast, about 1350 €/m2. Studio apartments on the secondary market cost from 45,000 €.
New residential complexes with excellent internal infrastructure are being built away from the center. The cost of real estate in them averages 90,000-130,000 €.
Cities of the Costa Blanca: Altea, Calpe, Denia
These cities are located in the northern part of the coast, on the hills. The main advantages of buying property in Altea, Calpe and Denia are gorgeous views and the opportunity to live in a calm and quiet place without crowds of tourists.
In Altea, apartments with an area of 90-120 m2 are more common. Their cost starts from 100,000 €. The elite urbanization Althea Hills is popular among foreign buyers – it is a gated complex that is so loved by wealthy residents of megacities because of the opportunity to enjoy privacy and silence. Townhouses and villas can be purchased in the urbanization. Average cost – 2000 €/m2.
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Real estate in Calpe is chosen because of the picturesque nature and the presence of beautiful bays. The city is densely built up with villas, cottages and townhouses. Due to the limited supply of land in Calpe, there are no large-scale new projects. The city is also popular among sailing enthusiasts – there is an excellent marina.
Denia is suitable for a family holiday. There is a large port here, so English yachtsmen often buy property in Denmark. Ferries to the Balearic Islands also operate from this port. There are few hotels in the city, so the demand for real estate here is high and stable. New buildings are located mainly in the Devesses area. The average property price is 1800 €/m2.
Javea is a city on the Costa Blanca with a unique climate
Javea is located in a picturesque, privileged location among mountains and forests. The Javea real estate market offers a large selection of housing to suit every taste: modern apartments and townhouses, luxury houses and villas. There are few hotels in the city, so the demand for tourist rentals in Javea is constantly growing. In this regard, we can safely recommend this city for the purchase of profitable real estate.
The minimum cost of apartments in the city is 160,000-260,000 €, houses – 260,000-370,000 €.
Guardamar del Segura – a town on the Costa Blanca with beautiful beaches and a eucalyptus park
Guardamar del Segura, or simply Guardamar, is a small town famous for its long beaches, sand dunes and a large eucalyptus park. The city is ideal for family living and retirement living. This is a surprisingly cozy and quiet town that comes to life in the summer season, receiving thousands of tourists from different countries. The main attraction of Guardamar, if you do not take into account the beautiful sandy beaches, is a large eucalyptus park, inside of which there is a simply magical area with ponds where ducks, swans, peacocks and turtles live. The park itself is inhabited by squirrels who are absolutely not afraid of people and are just waiting for something tasty to be given to them. All this makes Guardamar Park a great place to relax with children.
Guardamar del Segura has a well-developed infrastructure. There is everything you need for a comfortable life: schools, supermarkets and shops, sports clubs and facilities, bars and restaurants, pharmacies, bank branches, etc. A huge advantage of the city is that from almost any point you can quickly and easily reach the sea on foot.
The cost of apartments on the secondary market in Guardamar starts from 126,000 €, in new residential complexes – from 148,000 €. The average cost of real estate is 1500 €/m2.
Orihuela Costa – the best beaches of the Costa Blanca
Orihuela is the southernmost municipality on the Costa Blanca, and Orihuela Costa is its coastal area, which is very loved by Europeans. In the future, Orihuela Costa will be actively built up with new complexes with developed infrastructure. Now the average property price here is 1850 €/m2.
Orihuela Costa is divided into several districts, each with unique characteristics. In addition, property prices in Orihuela Costa vary greatly from area to area. Below you can find a list of areas of Orihuela Costa, located in order of decreasing property values (from the most expensive to the most budget):
- Cabo Roig – 3133 €/m2.
- Lomas de Campoamor-Las Ramblas – 2719 €/m2.
- Punta Prima – 2313 €/m2.
- Campoamor – 2270 €/m2.
- Aguamarina – 2261 €/m2.
- La Zenia – 1909 €/m2.
- Villamartín-Las Filipinas – 1853 €/m2.
- Lomas de Cabo Roig-Los Dolses – 1825 €/m2.
- Playa Flamenca – 1774 €/m2.
- Los Almendros-La Florida – 1761 €/m2.
- Zeniamar-Horizonte-La Campana – 1649 €/m2.
- La Regia – 1580 €/m2.
- Los Balcones y los Altos – 1527 €/m2.
Moraira – a city on the Costa Blanca with beautiful nature
Moraira is a city on the coast with beautiful nature and beautiful beaches. The city also boasts a beautiful marina and yacht club.
This resort is preferred by European retirees. The real estate market here is represented mainly by villas, chalets, duplexes, and houses with private pools. There are almost no apartments in Moraira.
Property in Moraira is purchased both for personal residence, often as a second residence, and for rental. Villas in Moraira are very popular for rent, rented by families or large groups of friends.
The cost of real estate in Moraira is one of the highest on the Costa Blanca – 2800 €/m2.
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