Property for Sale in Alicante, Spain
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Alicante mixes a working Spanish city with the easy Mediterranean lifestyle Costa Blanca is known for. 340,000 residents, the second-busiest airport in Spain after Madrid, and direct flights to most of Europe. Average property prices run about 30% below Valencia or Málaga for comparable units.
The historic centre wraps around Santa Bárbara castle, with the Explanada palm-lined promenade and the Postiguet beach minutes away. Playa San Juan and Cabo de las Huertas offer beachfront apartments and family villas. The inland Albufereta neighbourhood combines beach proximity with quieter residential life.
Foreign buyers (mostly British, Norwegian, Dutch, French) account for roughly a third of all sales in the province. Resale stock dominates the market, but new-builds are picking up in Playa San Juan and Gran Alacant.
Frequently asked questions
What's the average property price in Alicante?
City-centre apartments range €1,800-€3,200/m² in 2026. Beachfront in Playa San Juan starts around €2,800/m² and climbs to €4,500/m² for top-floor units with sea view.
Which areas suit foreign buyers best?
Playa San Juan and Cabo de las Huertas for beach lifestyle, the old town for character and walkability, Albufereta for quieter family life, and Gran Alacant for affordable new-builds with golf and beach access.
Can I buy without living in Spain?
Yes. Foreign non-residents buy freely with an NIE (Spanish tax ID), a local bank account, and a notary signing. We handle the paperwork before you arrive.
What mortgage terms do non-residents get?
Spanish banks lend non-residents up to 60-70% of appraised value, with fixed rates between 3.5% and 5% in 2026. EU passport holders qualify for better terms than non-EU buyers.
What taxes apply when buying in Alicante?
Resale property in Valencia region: 10% ITP transfer tax. New-build: 10% IVA + 1.5% AJD stamp duty. Notary, registry, and legal fees add another 1-1.5%.
How long does the purchase take?
Reservation to keys: 6-10 weeks for mortgage buyers, 3-4 weeks for cash purchases. Off-plan new-builds depend on completion date.
Is Alicante a good investment market?
Yes for short-term rentals with a tourist licence: 6-9% gross yield on beach apartments. Long-term rental yields average 5-7%. Capital appreciation tracked 6-8% per year through 2021-2025.
Where can I buy for under €150,000?
Districts like San Blas, Carolinas Altas, and some streets in San Gabriel offer entry-level apartments from €90,000-€140,000 in 2026. Quality varies, so a viewing matters.