The Most Exclusive Areas of the Costa Blanca: Where Are Housing Prices Rising the Most?
The Costa Blanca is a region that attracts both national and international buyers, offering a wide variety of areas to live in. The most exclusive zones on the Costa Blanca have experienced significant price increases, driven by high demand, limited property supply, and an attractive environment for tourists and long-term residents. Below are the areas where housing prices are rising the most:
Alicante City
Reason for Increase: Alicante has experienced a revitalization, with new infrastructures such as the Alicante-Elche airport and improvements in connectivity with Europe. The city center has been renovated, with new commercial and leisure areas, attracting more investors. The demand has increased in areas like Postiguet, the city center, and Playa de San Juan.
Trend: Prices have risen due to increasing demand both nationally and internationally, as well as the improved quality of life.
Benidorm
Reason for Increase: Benidorm is a popular tourist destination with excellent infrastructure. The demand for properties for vacation rentals and permanent residence has grown. Urban renewal projects, especially in the old town and areas near the beach, are driving up prices.
Trend: Properties in the center and near the beach are seeing a continuous increase in value, due to their appeal to both tourists and residents.
Moraira
Reason for Increase: Known for its exclusivity and luxury villas, Moraira has been a popular destination for buyers from Northern Europe. Its marina and beaches contribute to the increase in prices.
Trend: Luxury properties in areas like Cap Blanc and Pla del Mar are experiencing significant increases. The exclusivity of the area ensures constant demand.
Jávea (Xàbia)
Reason for Increase: Jávea has grown both in tourism and property buying, thanks to its natural beauty, mountain landscapes, and crystal-clear sea. Its tranquil location, yet well-connected, has increased demand.
Trend: The real estate market has risen especially in areas close to the sea, like Cabo de la Nao and the port of Jávea. Luxury villas with sea views are in high demand.
Denia
Reason for Increase: Denia has attracted foreign buyers due to its marina, proximity to the Balearic Islands, and its mix of traditional charm and modern amenities. New infrastructures and growth in services have also contributed to price increases.
Trend: Properties in the historic center and near the beach, as well as villas and chalets along the coast, are seeing a notable price increase.
Altea
Reason for Increase: Altea is a picturesque area with luxury properties. It mainly attracts high-net-worth buyers looking for tranquility, good views, and a sophisticated environment. Its proximity to Benidorm, yet with a more relaxed atmosphere, also contributes to the price increase.
Trend: The luxury housing market, particularly in Altea Hills, has experienced a significant increase, driven by demand for both permanent and vacation residences.
Orihuela Costa (especially La Zenia and Cabo Roig)
Reason for Increase: Orihuela Costa has grown due to its tourist offering, good infrastructure, and proximity to high-quality beaches. Areas such as La Zenia, Cabo Roig, Campoamor, and Playa Flamenca have gained popularity among international buyers.
Trend: Properties near the coast or with sea views are seeing an increase in prices, while new developments and luxury complexes are also driving the market.
Conclusion
The areas with the highest increase in housing prices on the Costa Blanca include Alicante, Benidorm, Moraira, Jávea, Denia, Altea, and Orihuela Costa. Areas close to the coast, with access to quality services and a mix of tourism and residential life, are the ones experiencing the highest price increases.