How did the property market in Alicante province, home to the Costa Blanca, perform in the first half of 2024? Discover key insights in these charts, offering a snapshot of key market metrics.
H1 sales in Alicante province decreased by 7% to 23,342, as shown in the chart above. Despite the drop, this remains the second-highest sales level of the past decade.
- The average price of property in Alicante province, home to the Costa Blanca north & south, increased by 7pc to €162,132, the tenth-consecutive year of price growth (chart above).
- Over ten years sales have increased by 91pc and house prices by 43pc in Alicante province (chart above).
- The number of new housing starts fell by 33pc to 2,999, just 2pc above the ten-year average (chart above).
The Alicante property market in early 2024 shows resilience amid mixed signals. Despite a slight dip in sales, demand remains robust, with prices continuing their steady climb over a decade of growth. While new housing starts have slowed, the long-term upward trend in both sales and values reflects enduring interest and stability in the region’s real estate market.
North Costa Blanca Property Market Report
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