Terraced houses for sale in Alicante

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Spain
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Properties in Alicante

Alicante is the capital city of the province of Alicante. It is located on the east coast of Spain on the famous Costa Blanca. Alicante is situated at the foot of the rocky hill - Benacantil, on top of which is the beautiful Castillo de Santa Bárbara Castle. The name of the city is derived from the Arabic term "source of light", because the sun is abundant here almost all year round. Although more and more tourists come here every year, the city has retained its unique atmosphere. While walking along the narrow streets, you will be amazed by the beautiful trees with their impressive roots, as well as by the charming cafes and tapas bars, which attract with their unique fragrances. 

Map of Alicante
Panorama of Alicante

Best things to do in Alicante

The city is referred to as the colourful capital of the Costa Blanca region. It is famous for its turbulent history. But most importantly, it is the unique blend of nations and cultures that gives it its colour. Alicante is located on the east coast of Spain, on the bay of Alicante. The city is famous for its many attractions. There is the well-known Castle of St. Barbara - the symbol of Alicante. It is one of the largest medieval Spanish fortresses. In adidition, another famous element is the funny Calle de las Setas, called  "The street of colorful mushrooms". Alicante is also a very popular place with fantastic seaside beaches. Natural, sandy and wide beaches, including 3 km long Playa de San Juan or charming, urban Playa del Postiguet and excellent weather, which is guaranteed by the Mediterranean climate are the keywords that cause the excitement of investors in properties for rent.

Characteristics of the property market in Alicante

How much do properties in Alicante cost?

Do you want to buy an apartment in Alicante and wonder what is the average price of a property in this city? Alicante is a city where you will find a very wide variety of properties - from very cheap apartments to luxurious villas. The average property price for the province of Alicante is around 240,000 € and is close to the average property prices for all of Spain.

 

Average price for properties in Alicante

  • Average price by square metre for Alicante - 1,547 €
  • Average price for properties in Alicante - 191,791 €

Who buys properties in Alicante?

Foreign clients are an increasing number of property buyers in Alicante. As many as 12% of all sales in Spain were transactions made by foreigners. The largest group of buyers were citizens of Great Britain, Romania and Germany.

 

International buyers:

  • 33 % United Kingdom
  • 14 % Romania
  • 6 % Germany
  • 5 % Bulgaria
  • 5 % Netherlands
  • 5 % Italy
  • 4 % France
  • 4 % Belgium
  • 2 % Norway

Best areas for an investment

Alicante is the province capital in the Valencian Autonomous Community of Spain. This region is a very attractive area for investment due to its beautiful location and the touristic nature of the region. In the districts of Alicante, located in the city centre and by the sea, we will find the most expensive properties with an average price of 415.924 €. However, outside the tourist centre, there are cheaper properties at an average price of 105,403 €.

105,403 € Distrito 2 Colonia Requena, Virgen del Carmen, 400 Viviendas, Virgen del Remedio, Juan XXIII, Pla del Bon Repós, Nou Alacant, Altozano
135,629 € Distrito 3 Ciudad de Asís, Los Ángeles, Florida, Alipark, Rabasa, Tómbola, San Blas, San Agustín
199,751 € Distrito 1 Carolinas, Goteta, San Antón, Campoamor, Benalúa, Ravar Roig, Barrio Obrero, Serra Grossa
213,269 € Distrito 5 Bacarot, Fontcalent, Alcoraya, Montnegre, Rebolledo, Pla de la Vallonga, Cañada del Fenollar, Moralet
415,924 € Distrito 4 Orgegia, Santa Faz, La Albufereta, Playa de San Juan, La Condomina, Vistahermosa, Cabo de las Huertas

Total numer of housing property transactions in Alicante

  • 1st quarter 2018 1 769
  • 2nd quarter 2018 1 958
  • 3rd quarter 2018 1 598
  • 4th quarter 2018 1 745
  • 1st quarter 2019 1 672
  • 2nd quarter 2019 1 769

Prospects for the property market

The property market prospects for Alicante are very good. 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.

Terraced houses for sale

To have a terraced house in Spain is a dream of many – now you can make it come true! Terraced houses are a great solution for people who are looking for a convenient property at an affordable price. Depending on your needs, you may choose from terraced houses with 1,2,3 or more bedrooms. A crucial aspect of terraced houses is their location. Very often they are located in quieter districts of the city, away from the hustle and bustle. Therefore, the purchase of a terraced house is an ideal solution for people who care about privacy and a comfortable and functional environment of the property. Terraced houses are very often equipped with a spacious terrace and have a private garden. Thanks to the investment in a terraced house in Spain, you will gain a fantastic place to relax in. Depending on your needs and financial possibilities, you may look for terraced houses from the primary or secondary market.

Terraced house Amenities

Our website offers a wide variety of terraced houses in Spain. If you are looking for cheaper terraced houses in Spain, we encourage you to look at properties for renovation. In case you need help, please contact our specialists – we will find the perfect terraced house for you.

Check the additional amenities available for sale.

  • A private terrace
  • A garden
  • Air conditioning
  • Fitted kitchen with appliances
  • Heating
  • A swimming pool
  • A garage
Terraced house with swimming pool
Swimming pool by the terraced house

How much do terraced houses in Spain cost?

Are you looking for a property in Spain at an affordable price? Choose a terraced house. Generally, these types of properties are way cheaper and comparable with investing in a detached house. Moreover, it is also a profitable investment in terms of potential income from renting a property. The prices of terraced houses vary significantly. The price will be accordingly higher when the property is located in an extremely attractive location or a large area. The region in which the house is located may also affect the price. Properties in the most popular tourist resorts are usually more expensive.

 

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 terraced houses in Spain?

More and more terraced properties are being purchased not only by Spanish, but also foreign investors. It is good be aware that 13% of all property transactions in 2018 were made by foreigners. The attractive prices and the prospect of a high return on investment (even 10.5%) definitely encourage to buy a property in such a beautiful location. Investing abroad is not as complicated as it would seem – our specialists will prove it. If you need help choosing a property and would like to know more about investing in Spain, you may count on us!

 

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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