We can assist you if you’re looking to buy or sell a home in Alicante Spain. For your convenience, we’ve put up a handy handbook that explains everything you need to know about the neighbourhood and the home purchasing process.
Investing in Alicante Real Estate
Alicante is a region in the Costa Blanca area of southern Spain. People who want to vacation in Spain and those who want to buy property in the country are flocking to the area.
Alicante map of the Costa Blanca
As a result of its Mediterranean environment, Alicante and the Costa Blanca get an incredible 320 days of sunlight per year. As far as the eye can view, there are some of the nicest beaches in the country to be found here. There is something for everyone on this lovely shore. From bustling cities to quiet fishing villages, there’s something for everyone. If you’re looking for a slower pace of life, you may find it in the countryside.
Alicante’s several golf courses are also a factor in the city’s appeal. A championship golf course is only a short drive away from any location in Alicante. The province of Alicante is home to several golf courses, including Villamartin, Las Ramblas, Campoamor, Vistabella, Las Colinas, Lo Romero, La Marquesa, La Finca, Bonalba, and Alenda.
As the mountains recede from the coast on the Southern Costa Blanca, more flat land becomes available for development on the Spanish property market in Alicante. Alicante and the Costa Blanca South, in particular, are a great place to find new-construction apartments in Spain. For those wishing to buy apartments or villas in Alicante, as well as condominiums in other parts of the country, there are plenty of options and the affordability is a major factor in the area’s growing popularity.
Alicante, Spain, has a lot to offer, but it can be difficult to know where to begin when purchasing a home there. When looking for a home in Alicante, you’ll likely come across a number of smaller towns and villages.
Alicante
An ancient port city on the Mediterranean Sea, Alicante may be found on the Costa Blanca. Palm tree-lined boulevards, retail districts, enormous plazas, and a magnificent marina are just some of the city’s attractions. This being the regional capital, there is usually something happening. Even though Alicante is a popular tourist destination, the city remains open during the winter months since it is a “genuine town.”
Alicante is a wonderful mix of the old and the contemporary, with a dynamic, youthful vibe and a rich history and culture. If you’re looking for something a little less touristy, Alicante may be your best bet. Barrio de la Santa Cruz, the city’s historic core, features winding lanes lined with brightly painted residences and is well-known for its lively nightlife. To go to the historic Castillo de Santa Barbara, located on a mountaintop overlooking the Mediterranean, you may begin your journey here.
Buying a home in Alicante has its advantages
You may enjoy a wonderful quality of life in Alicante thanks to the Mediterranean city’s year-round sunshine, its low cost of living and its wide variety of dining options. Because it has both a port and a beach, it’s a popular vacation spot for tourists and investors alike.
Alicante, Spain’s fourth-most lucrative city, has seen a rise in real estate prices.
Annual interest rates for commercial properties range from 7.2 to 7.7 percent, while those for residential properties range from 6.4 to 7.4 percent. Renting to visitors can be the most profitable alternative, while still enabling owners to sometimes enjoy their home.
In Alicante, the cost of a home
Alicante’s housing market is reasonably priced. Prices might vary greatly depending on where you live. If you want to live in the heart of the city, you can expect to pay about €1,800 per square metre for property near major thoroughfares or buildings constructed in the 1970s. You may find lovely seaside apartments for less than €200,000 and one-bedroom homes in the city centre for less than €150,000. 4 bedroom, 200 square metre villas with private gardens and swimming pools may be found in the most elite regions for €400,000. Luxury apartment complexes with enormous swimming pools, tennis courts, spas, and other amenities are likely to have pricing similar to these.
Alicante’s San Juan Beach area (Playa de San Juan) is a popular choice because to its close proximity to the beach and golf courses. The Santa Cruz neighbourhood is the most charming and is the only one to retain its historic residences and tiny lanes crammed with stores. People who live in Santa Cruz say it’s a peaceful place to be even if it may get crowded and full of nightlife. Located right on the sand, Albufereta is a beautiful seaside resort. There are a lot of services available in the Avenues (las Avenidas) region of the city.
As a foreigner, purchasing a home in Alicante
The purchasing process in Spain is straightforward for international buyers and businesses. Using a real estate firm is a good idea since they can assist buyers through the process and handle part of the paperwork. Deposit agreements are often signed once a property has been selected and the buyer and seller have agreed to the terms of the transaction. In front of a notary, 10% of the property’s worth is paid and removed from the ultimate price at the time of the deposit agreement. Contact us today to buy or sell property in Alicante Spain.
