North Costa Blanca: Resilient market edges higher in first half

Sales in the North Costa Blanca ticked up slightly in the first half of 2025, confirming that activity remains robust even as foreign demand shows signs of easing.

Across Alicante province, total home sales rose 1% year-on-year to just under 30,000 — almost double the level of a decade ago and 36% above the ten-year average. In the North Costa Blanca municipalities alone, sales were down 2% on the year but still 18% higher than the ten-year average, showing how strong the underlying base remains.

Foreign demand softens but remains dominant

Foreign buyers continue to play a pivotal role, accounting for nearly half of all sales in Alicante province. Both expat and non-resident purchases declined slightly (down 3% and 5% respectively), bringing the foreign market share to 49% — a small drop from 52% last year. The figures suggest that international demand is stabilising at a high level rather than falling away.

Prices continue to rise overall

Average home prices in Alicante increased by 4.8% year-on-year, with resale properties driving most of the gain. New-build prices dipped by around 1%, pointing to stabilisation in the upper end of the market. In local hotspots such as Jávea and Denia, however, asking prices continue to climb sharply — up 14% and 11% respectively — reflecting strong demand for modern homes in prime coastal areas.

Credit and construction both strengthen

Mortgage signings surged 37% compared to a year earlier, buoyed by falling Euribor rates, while new housing starts jumped 25%. Both indicators point to renewed confidence among buyers and developers alike, aided by improving financing conditions.