Province of Alicante the new destination for luxury real estate
The province of Alicante aims to become the new destination for purchasing luxury real estate by 2024.
The province has experienced strong growth in the sale of luxury homes for years, with an annual increase of no less than 25%.
Especially foreigners buy luxury homes in the province of the Costa Blanca.
The popularity of luxury homes in Alicante can be explained by a number of factors.
Firstly, prices for exclusive homes are still relatively low compared to traditional luxury destinations such as the Balearic Islands, Malaga and Barcelona. So it is an attractive investment.
In addition, there is still plenty of room in Alicante to build new luxury houses and apartments with breathtaking views of the sea and mountains.
These types of homes with spectacular views are very popular among foreign buyers.
Most luxury houses and villas can be found in coastal towns such as Moraira, Teulada, Altea, Calpe and Denia.
Luxury apartments are also available in tourist attractions such as Benidorm and the city of Alicante.
The growing supply of luxury real estate in Alicante is partly due to the establishment of more and more foreign real estate agents in the region. They sell the houses and apartments directly in countries such as Germany, Belgium and the Netherlands.
