Price reduced properties on the Costa Blanca

Costa Blanca, located in the province of Alicante, is one of the most attractive areas in Spain for property purchases. With its golden sandy beaches, sunny climate, and Mediterranean lifestyle, it's no wonder many seek to invest in this region. In recent years, there has been a significant increase in reduced-price properties in Costa Blanca, creating exceptional opportunities for investors and homebuyers.

Benefits of Buying Reduced Price Properties in Costa Blanca

1. Long-term Profitability

   • Properties in Costa Blanca have shown steady appreciation in recent years. According to recent data, property prices in Alicante have increased by an average of 3.5% annually since 2018, indicating a safe and profitable long-term investment.

2. Tourist Attraction

   • Costa Blanca attracts more than 5 million tourists each year, ensuring a constant income flow for those interested in renting out their properties. The cities of Altea, Calpe, Moraira, and Jávea are particularly popular, ensuring high demand for vacation rentals.

3. Infrastructure and Services

   • The region boasts excellent infrastructure, including Alicante-Elche Airport, which receives direct flights from numerous European cities. Additionally, there are plenty of services like hospitals, shopping centers, and international schools that increase the value of properties.

Real Estate Market Statistics in Costa Blanca

• Average Prices: The average price of a property in Costa Blanca is approximately 1,850 euros per square meter, significantly lower compared to other coastal regions like Costa del Sol, where prices reach 2,500 euros per square meter.
• Available Properties: Currently, there are more than 20,000 properties for sale in Costa Blanca, with 15% of these properties listed at reduced prices due to urgent sale or need for renovation.
• Buyer Profile: 45% of property buyers in Costa Blanca are foreigners, mainly from the UK, Germany, and Nordic countries, attracted by the climate, cost of living, and investment opportunities.

Highlighted Areas for Buying Reduced Price Properties

1. Altea

   • With property prices around 1,700 euros per square meter, Altea is known for its bohemian charm and old town filled with art and culture. The area offers spectacular sea views and a tranquil atmosphere.

2. Calpe

   • Known for its iconic Peñón de Ifach, Calpe offers properties with spectacular sea views. Properties for sale in Calpe prices have dropped by 10% in the last two years, presenting an excellent buying opportunity.

3. Moraira

   • This small but luxurious town is famous for its beautiful coves and exclusive atmosphere. Properties for sale in Moraira prices are competitive, averaging 2,000 euros per square meter, offering excellent value for high-end property investments.

4. Jávea

   • Also known as Xàbia, Jávea is a jewel of Costa Blanca with its stunning coastline and vibrant social life. Property for sale in Jávea prices are around 1,800 euros per square meter, with numerous options for both modern and traditional homes.

Key Conclusions

• Costa Blanca presents an excellent opportunity to invest in reduced-price properties, with steady appreciation in the real estate market and strong tourist appeal.
• The areas of Altea, Calpe, Moraira, and Jávea stand out for their competitive prices and high investment potential.
• With robust infrastructure and constant demand from both tourists and international residents, investing in Costa Blanca ensures long-term profitability.

In summary, reduced-price properties in Costa Blanca offer an unmatched combination of price, location, and investment potential, making this region an ideal destination for homebuyers and real estate investors.