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The province of Alicante has become one of the top destinations for foreign citizens looking to invest in properties in Spain. Particularly, areas like Orihuela on the Costa Blanca stand out for attracting a high percentage of international buyers, transforming the local real estate market.

High foreign demand in Orihuela and the Costa Blanca

In Costa Blanca towns, foreign buyers represent a significant share of real estate transactions. In Orihuela, over 80% of purchases are made by international buyers. Nearby municipalities like Calpe, Teulada, and Jávea show similar trends, with mostly European buyers with strong purchasing power.

This demand has driven property prices up. The average price per square meter in Costa Blanca is around €2,500, and in the most sought-after areas, properties can exceed €1,000,000, especially in beachfront developments.

Why foreign buyers choose Alicante

Key factors include:

• Mediterranean climate: Mild winters and sunny summers.
• Proximity to the sea: Beaches and coves that enhance property appeal.
• High quality of life: Services, gastronomy, leisure, and nature.
• Accessibility: Alicante-Elche airport connects easily to Europe.

Impact on the local market

While foreign demand focuses on the coast, Spanish buyers concentrate more on inland areas where prices are lower. Challenges include:

• Rising prices: Making access harder for locals.
• Urban transformation: Coastal areas shifting to high-value residential and vacation homes.
• Investment opportunities: High potential returns in rentals and second homes.

Orihuela: a strategic choice for foreign buyers

Orihuela balances residential options, services, and price, making it one of the top destinations for foreigners in Alicante. Whether looking for beachfront apartments or luxury villas, Orihuela and Orihuela Costa offer strategic investment opportunities.