Buying Property in Costa Blanca

Costa Blanca Guide

Updated in February 2016

Stretching up from the tip of the Mar Menor via Alicante city to Gandia in the north, the Costa Blanca is a large and diverse stretch of coastline. Along side the Costa del Sol it’s the most popular region for British buyers, who have been visiting, investing and relocating there in large volumes.

Part of its broad appeal is the suits a wide range of buyer, from those seeking sophisticated former fishing towns to resorts catering for mass tourism, or affordable inland homes. Alongside its Blue Flag beaches and excellent transport links - with Alicante, Murcia and Valencia airports all serving the region - is that it's fast been evolving to offer the sort of infrastructure and amenities that the Costa del Sol has done for some years.  So where are the hotspots?

North Costa Blanca

Moraira, variously known as the “St Tropez of Spain” or the “gem of the Costa Blanca crown” is a small upmarket coastal town backed by mountains and vineyards. The most desirable areas are El Portet, Pla del Mar, Pinar de L’Avocat and La Cometa. A three-bed villa with a pool will cost €400,000-600,000 in the prime parts.

Nearby Benitachell is also popular, whilst a good selection of quality villas can also be found in Benissa – from €300,000 plus.

Another former fishing village is Javea, another classy, low-rise town that has been likened to a Spanish version of Dartmouth in Devon, and it’s got a marina, stunning Arenal beach, golf and also a lovely hinterland, the Jalon and Orba valleys. A three-bed villa with a pool might cost €350,000-400,000 in Javea, whilst a three-bed townhouse might cost €200,000 in Jalon/Orba.

Nearby Denia is a very Spanish town with castle, two marinas and a wide choice of property, with a two-bed apartment around €150,000, a three-bed villa around €300,000.

The pricing is similar to that of Calpe, famed for its emblematic rock bisecting two long, sandy beaches although high-rise blocks have led to its soubriquet, “a high-rise Benidorm”.

Ah yes, then there’s the infamous Benidorm, reality TV star and arguably the liveliest spot in the North. Decent one-bed apartments in a high-rise tower start at around €100,000.

South Costa Blanca 

Torrevieja has attracted mass tourism in a big way but this doesn’t seem to deter many British property-hunters who are magnetized by the highly affordable property there. Fancy an apartment for between €40,000 and €50,000? This is where most people might look.

It apparently does boast the highest proportion of British expats in Spain, and that’s because it’s got a lot to offer: two salt-water lagoons, five golf courses nearby, Blue Flag beaches, a thriving market, family friendly facilities and plenty of nightlife.

Around Torrevieja the locations of Benijofar, Los Montesinos, Cuidad Quesada, Los Altos and Guardamar del Segura attract interest. Orihuela Costa - south of Torrevieja, down to around Campoamor – is also very popular.

Inland, Villamartin is very popular: its Club de Golf Villamartin is a prestigious course; good restaurants are plentiful at Villamartin Plaza and there’s a vibrant international community of owners and expats. Two-bed apartments/townhouses cost €65,000 to €90,000 whilst three-bed villas start at a little over €100k. 

In the nearby upmarket gated residential community of Los Dolses, prices are a little higher with three-bed properties north of €150,000, and a four-bed villa with a pool around €220,000.

Three coastal hotspots are Playa Flamenca, La Zenia and Cabo Roig. Prime shopping aside, La Zenia itself has two Blue Flag beaches, with many two- and even three-bed apartments around the €100k mark. Pricing is similar at next-door Playa Flamenca, a small, busy resort combining historic buildings with plenty of new-build.

At the bottom of the Costa is Cabo Roig, a peninsula of palm-lined avenues, the Blue Flag beaches, three golf courses and lovely views towards La Manga and the Mar Menor. There are plenty of two-bed apartments available for €70k-€100k.

Buyers Need to Know 

* Purchase taxes in Valencia is: 10 per cent on new-build, 8 per cent on resales.

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