Posted on 15 July 2018
Many people but especially first-time buyers often wonder where to buy property in Costa Blanca. As home to Spain’s largest community of British retirees, the trendy destination also ranks Brits as being the top foreign nationality making real estate investments.
Your budget is a major factor in deciding where to buy, because some places are cheaper than others, but it also depends on personal preference. After all, they do say home is where the heart is.
Need to Know About Costa Blanca
- The name translated means “white ”
- The Costa Blanca covers 200 kilometres of the south-eastern coast of Spain
- Alicante and Benidorm are the major touristic centres
- It is one of 11 coastal regions in Spain
- Buyers have more than 100 district and neighbourhoods to choose from
- It is served by the main Alicante airport
- Property prices start at roughly £90,000
Where to Buy Property in Costa Blanca?
1: Gran Alacant
Budget buyers would do well to look at Gran Alacant. Not only are prices lower but it also has a short transfer time to Alicante airport. Known for its 4-kilometre beaches, as well as excellent fish restaurants, it doesn’t feature high on lists of tourism hotspots, but that is exactly its charm.
An average population of 12,000 people swells in the summer, but it still has that perfect family ambience that sometimes bypasses the other more fashionable districts. In Gran Alacant, you are tapping into some of the lowest prices on the Costa Blanca and the area is well worth visiting on a property viewing trip. (Grant Alacant Property Portfolio.)
Sitting in south Costa Blanca, Torrevieja ranks high on the list of where foreigners buy property in Spain. The name translates into “old tower,” and while historical attractions are in abundance, it has also modernised itself considerably. One thing that Torrevieja did well was the limit the number of tall, high rise buildings, a feature that has blighted other places in Spain.
As well as tourism, the region earns a reputation for salt production, and the World Health Organisation has said it is one of the healthiest places to live in the world. As with any other places, seaside properties command a high price but look inland to grab a bargain. Otherwise, if you’re not on a budget, Torrevieja also has some spectacular luxury villas worth looking at. (Property in Torrevieja.)
Many people instantly fall in love with Javea (Xabia,) not only because it has spectacular scenery but also because there is an already established expat community. The Spanish tourism board call it a typical Mediterranean fishing village, but these days, it has grown to become a thriving town with everything on your doorstep.
With an average annual temperature of 18 degrees, expats particularly like the mild winters with minimal rainfall. Unfortunately, high demand and a low of availability of properties have forced prices in Javea up. You can find cheaper properties inland, but many people instead look to surrounding towns where they can get more for their buck.
The above places are popular with foreign buyers, but to know more about where to buy property in Costa Blanca, contact a sales representative today via phone, email or by dropping into one of our regional offices. Alternatively, our full portfolio of villas and apartments for sale in Spain will give you a good idea of what you can get for your money.