Apartments for sale in Altea

(69 offers)
Location
Spain
Market
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290 000 €
440 000 €
218 000 €
157 000 €
325 000 €
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172 000 €
395 000 €
495 000 €
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124 500 €
245 000 €
225 000 €
419 000 €
435 000 €
410 000 €
395 000 €
395 000 €
420 000 €
292 000 €
1 450 000 €
590 000 €

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220 000 €
1 190 000 €
725 000 €
597 700 €
420 000 €
305 000 €

Properties in Altea

Altea is located in the northern part of the Alicante region on the Costa Blanca. A characteristic feature of the city is its white architecture. When walking through the maze of narrow streets, you will feel the unique atmosphere of the city. It is dominated by the cliffs of the Serra de Bernia, which provide a mild microclimate - rocky hills are now the most desirable areas for luxury villas. The hills surrounding the city are home to several luxury districts: Altea Hills, Mascarat and Sierra de Alta. In addition, the closed urban districts guarantee the residents privacy and security. Due to its unique location and amazing views, Altea is an ideal place to buy a luxury villa in Spain.   

Map of Altea
City of Altea

Best things to do in Altea

The Spanish property market is very attractive and investments here pay off quickly, especially in locations like Altea - the cultural capital of Costa Blanca and the city of artists. What is so special about this town and why is it worth investing here?

 

Altea is located on the beautiful Costa Blanca, in the Valencia region. The warm Mediterranean Sea, beautiful sandy and pebble beaches, steep cliffs, tiny bays and intimate surroundings guarantee a unique holiday in Spain. Altea also offers a flourishing infrastructure for water sports amateurs. There are two ports in Altea - a fishing port and a sporting port. These are, among other things, the most important reasons why the area is very popular among tourists. Its big advantage is also the proximity of other famous cities.

Characteristics of the property market in Altea

How much do properties in Altea cost?

Altea is an ideal place to relax for those who seek peace and beautiful views. Due to its location and the characteristic architecture of the city, Altea is an ideal place for demanding investors looking for luxurious properties. However, the prices of properties in Altea are higher than the average price for the Alicante region.

 

Average price for properties in Altea:

  • Average price by square metre for Altea - 2,723 €
  • Average price for properties in Altea - 631,648

Who buys properties in Altea?

Altea is a popular investment destination for foreigners. Property is bought here by wealthy investors, including celebrities, millionaires and people looking for discretion and security. Are you looking for luxury, modern architecture, unique views and excellent weather conditions almost all year round? If so, Altea is the perfect place for you. It is also worth mentioning that foreign investors constitute a very large group of the property owners in Altea.

 

International buyers:

  • 33 % United Kingdom
  • 14 % Romania
  • 6 % Germany
  • 5 % Bulgaria
  • 5 % Netherlands
  • 5 % Italy
  • 4 % France
  • 4 % Belgium

Best areas for an investment

An absolutely unique place for investing in a property is the Altea Hills district, which is famous for its luxurious villas. Altea Hills is a closed housing estate, which guarantees safety and discretion. Houses located in Altea delight with their modern architecture, breathtaking views and very attractive infinity swimming pools.

251,625 € Altea Zona l'Olla
324,424 € Altea Altea Pueblo
529,254 € Altea Altea la Vella
665,274 € Altea

Zona de Mascarat

1,408,826 € Altea Altea Hills

Total numer of housing property transactions in Altea

  • 1st quarter 2018 196
  • 2nd quarter 2018 173
  • 3rd quarter 2018 132
  • 4th quarter 2018 132
  • 1st quarter 2019 140
  • 2nd quarter 2019 163

Prospects for the property market in Altea

Altea is a very reliable and stable market to invest in. Luxury properties in this prestigious district are consistently popular among investors looking for luxury. In addition, the prestigious character of the district makes property prices resistant to economic fluctuations.

It is predicted that properties located on the Spanish coast and in tourist centres will enjoy the greatest interest. The high rate of return on investment of up to 10.5% (data from the Spanish Central Bank) should be a big incentive for foreign investors.

 

It is predicted that properties located on the Spanish coast and in tourist centres will enjoy the greatest interest. The high rate of return on investment of up to 10.5% (data from the Spanish Central Bank) should be a big incentive for foreign investors.

Apartments for sale

Apartments are usually associated with great freedom and space, and these are the main features that define this type of property. The modern design of the rooms and the increased standard of the apartment are also very important. Therefore, apartments should be spacious due to the appropriate height of the premises and a large area. There is no clear definition as to what area the apartments should have and therefore it is possible to find apartments with an area of 100 m2 as well as 70 m2. When it comes to apartments for 1 person, the apartment may be just 60 m2. An important requirement is the division of space into day and night zones. In addition, the apartments may have a wardrobe, several bathrooms, a balcony, a terrace or a garden. Apartments are mostly found in central districts, as well as in newly built housing estates. The location of the apartment should be prestigious and comfortable. There should be shops, galleries, cultural and entertainment facilities in the area.

Apartment Amenities

Apartments in Spain include a wide range of free indoor and outdoor amenities. The offer also includes fully equipped apartments, with all the appliances you might need.

  • Central heating
  • Air conditioning
  • A swimming Pool
  • A private Balcony with outdoor furniture
  • A car park
  • Lifts
  • Adapted to the disabled
Apartment in Spain - interior
Apartment interior

How much do apartments in Spain cost?

Do you want to know the average price for an apartment in Spain? The prices of apartments in Spain are of course very different, depending on their area, attractiveness and location.

 

Average value of property transactions of the free housing market in Spain

  • 1st quarter 2018 145 297 €
  • 2nd quarter 2018 149 582,4 €
  • 3rd quarter 2018 152 095,1 €
  • 4th quarter 2018 153 179,7 €
  • 1st quarter 2019 152 023,4 €
  • 2nd quarter 2019 154 487,8 €

Who buys apartments in Spain?

Apartments are properties, which are very attractive not only for the Spanish but also for foreign investors. Due to the higher standard of the apartments and their attractive location, they are generally more expensive than ordinary apartments. Therefore, if you plan to buy an attractive apartment in Spain, you have to be prepared for a higher price than the average value of the property on the open market.

 

Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain

  • New housing – 257 460,2 €
  • Second hand housing – 157 209,7 €
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