Alicante is a major seaport in the Autonomous Community of Valencia, with a population of more than 330,000 inhabitants, of which about 12% are immigrants. Alicante is also a city of students because it houses the University of Alicante (located in San Vicente del Raspeig), which is among the top 250 best young universities in the world. Classes are taught in two languages: Spanish and English. In 2017, there were 25,835 students. Campuses and faculties are scattered throughout the city. Students rent apartments in Alicante almost all year round, and the demand clearly exceeds supply. Today in Alicante, there are more than 7,000 property sale offers and only 700 rental offers!
Studios or one-bedroom apartments go like hot cakes. Many owners rent out rooms in apartments to students from September to June at a price of 200-250 euros per room. At the same time, the prices to purchase property in Alicante are among the lowest on the coast.
When searching for apartments in Alicante, you will find many options for prices under 30,000 euros. Most of them are located in extremely poor neighborhoods with bad fame. If possible, avoid buying apartments in areas such as: Juan XXIII, Virgen del Carmen, Virgen del Remedio and Colonia Requena.
Among some of the best areas to buy an apartment in Alicante are Albufereta, Playa San Juan, El Pau 1 and Diputacion-Ensanche. Albufereta is an ideal neighbourhood for those who seek a quiet life by the sea. It is just 5 minutes from the center. Playa San Juan is a little farther from the center but it has wide streets and lots of greenery. It is well connected to the city center, there are buses, a tram and bike lanes. El Pau 1 is a relatively new residential area, built as an extension of the San Blas and La Florida districts; young families with children choose to live here. Finally, Diputacion-Ensanche is the harbourfront, ideal for those who want to be in the epicenter of city life.