Alicante is the capital of the province bearing the same name and the second largest city in the Autonomous Community of Valencia. Alicante is a metropolitan area with municipalities such as San Vicente del Raspeig, San Juan, Elche, Mutxamel and El Campello. Alicante has its own airport, railway station and a seaport.
Buying property in Alicante is an excellent investment opportunity. Housing prices are much lower than in the so-called resorts like Altea Hills, Benidorm, Moraira or Javea. The average price for a property in Alicante per square meter is only 1,649 euros. If you like to be in the very center of events, then you can purchase a property right in the city center starting from 1,050 €/m2. If you want to enjoy your privacy and sea views, then we recommend searching for properties in the suburbs of Alicante in a neighborhood called Playa San Juan. San Juan Beach is a popular destination among immigrants because of its 6 km of sandy beaches with its crystal blue waters. The prices per square meter in close proximity to the sea start at 2,050 euros.
The province of Alicante is the leader in the number of property transactions concluded by foreigners. The province also has the highest proportion of foreigners among the resident population (23.6%). British expats top the list, followed by immigrants from Morocco, Romania, Russia, and Germany.