Alicante is making its mark on the Spanish property market with over 53,000 sales in 2025, ranking third nationally and holding nearly half the total market share within the Valencian Community. Foreign buyer activity also continues to be high, with the province leading the country in international demand. In this article, we'll take a closer look at how the market has been performing recently, what's driving that demand, and where it's heading.
Alicante’s Property Market at a Glance
Alicante has long been a favourite for property buyers, but the latest data from 2025 confirms it's now leading Spain outright.
According to reports, the province recorded 53,385 sales during 2025, a 2.9% increase from the previous year. That volume puts Alicante firmly in third place nationally, behind only Madrid (81,484) and Barcelona (73,285). But raw numbers don't tell the full story; when it comes to home sales per capita, the picture shifts entirely.
The recent annual review by the Association of Registrars of Spain highlights 25.86 transactions per thousand inhabitants, making Alicante the most active market in the country. And among those sales, international buyers hold a prominent place. Last year, this coastal province accounted for 43.3% of all foreign purchases made in Spain.
Alicante's real estate market is responding to that demand, with supply beginning to catch up. New figures from the Official College of Technical Architecture of Alicante (COATA) show that 3,418 homes began construction in the region during the first quarter of 2026, marking a 25.3% increase on the previous year, with most of that growth concentrated in the Vega Baja area, specifically Torrevieja.
Beyond the Coastline: What's Really Driving Alicante’s Property Demand
Costa Blanca's Blue Flag beaches and lifestyle are undeniably part of the appeal, and this coastal region has always drawn buyers from across Europe. However, that alone isn't enough to put Alicante at the top. This province is leading in transaction volume across the country and within the Valencian Community, so what makes it more attractive than other Spanish hotspots?
Alicante and Málaga are two provinces that consistently stand out when it comes to foreign purchases across the country, both among the top expat destinations. However, whether it’s affordable property or luxury housing, Costa Blanca pulls ahead. In Q3 2025 alone, Alicante recorded 5,741 foreign sales compared to Málaga's 2,750. Affordable pricing and Alicante’s luxury property market both play an important role in that gap.
While overall prices for property for sale in Alicante are more affordable than in Málaga or Marbella, buyers are still choosing places like Jávea, one of the most expensive areas on the coast. This reveals that the factor at play is not simply affordability, but perceived value.
Many choose to buy a second home and investment property in Alicante for rental yields that can reach 5–6%, strong holiday home demand, and a growing long-term rental market. While it isn't a major capital city, the infrastructure is well-developed, with Alicante-Elche Airport connecting the province directly to markets across Europe and beyond. Combining that connectivity, diverse real estate options, and access to Costa Blanca's luxury housing at competitive price points, this province is capable of sustaining demand even in an uncertain economic context.
Who’s Buying Property in Alicante?
The buyer profile has changed over the years, though foreign buyers in Alicante’s real estate market are still the dominant force. International demand in the province remains exceptional, with Alicante accounting for roughly one in four foreign purchases made across Spain. Among those international buyers, the British are still number one, accounting for 7.97% of transactions. Following behind are Germans (6.52%) and the newly risen Dutch (6.3%). European buyers still dominate the market, though the pool is diversifying gradually.
What's being bought, and why, is also shifting. Over the years, Alicante has solidified its place for those seeking to invest or buy second homes in Spain. Now, it's more than holiday homes or investment properties. As younger buyers enter the market, the profile is evolving, shifting from vacationing to settling for the long term and building a life in the area.
Best Areas in Alicante to Buy Property: Where Demand Is Highest
According to Idealista's data covering 84 municipalities across the country, 16 of Alicante's municipalities feature among those with the highest buyer demand, more than any other province in Spain. Among them, the capital of Alicante ranks highest. Nearby coastal towns like Santa Pola and Villajoyosa also make the list, reflecting demand that stretches well beyond the city itself.
Other municipalities include the Vega Baja cluster, such as Torrevieja, Orihuela, and Guardamar, where real estate activity and prices have been rising steadily. Luxury coastal towns also see high demand, particularly Jávea, Altea, and Calpe, which appeal to high-end international buyers. Benidorm and Dénia, as well-established tourist destinations, also remain firmly on buyers’ radar.
Alicante’s Property Price Trends and Market Performance
Recent data suggests that Alicante's supply of homes does not keep pace with demand. Resale stock dominates across Costa Blanca, with 81.5% of transactions linked to second-hand properties and 18.5% to newly built homes. This limited supply pushes prices upward, and while construction activity is increasing, the volume of buyers entering the market continues to outpace it. Right now, property prices are averaging around €2,500 to €2,750 per square metre across the province, with premium areas reaching considerably higher.
Jávea, the most expensive town in the Valencian Community, averages €3,436 per square metre. The town's 13.3% year-on-year increase puts it well ahead of Benidorm (€3,081/m²) and Calpe (€3,042/m²). These are the only municipalities in the province with an average above €3,000 per square metre, yet transaction volumes across all three remain strong.
Where Is Alicante's Property Market Heading?
Looking ahead, with international demand remaining so high, Costa Blanca will keep its position as one of Spain's most in-demand property markets. Prices are expected to continue rising, though moderately, after sharp rises last year. For a broader view of where the Spanish market is heading, our analysis of what to expect from Spain's property market in 2026 offers useful context.
Since buyers are now increasingly focusing on long-term living rather than seasonal use, the market is shifting with them. It's no longer just about the view; it's about how well a place is set up for actual life, with infrastructure like international schools, healthcare, and year-round connectivity.
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