The Northern part of the Costa Blanca from Alicante to Denia

Geography and not only

Costa Blanca is a part of the Mediterranean coast of Spain in the province of Alicante. Coast, which stretches for 200 km, is divided into the Northern (from Denia to Alicante) and South (from Alicante to Pilar de La Horadada).

The city of Alicante conditionally divides the Costa Blanca into two parts, of which the Northern is less affected by tourism than the South. Furthermore, North of Moraira, Javea and Denia are located in the protected zone, where the height of buildings and density of buildings are strictly controlled.

Costa Blanca is a popular choice for those who are planning to buy a property in Spain. Partly because of the unique climate, which, according to the world health organization, is considered one of the best in the world. About 320 days a year of sunshine, and therefore, almost all year round you can spend time outdoors.

How to get

To get from Russia to the Costa Blanca is easiest via the international airport of Alicante. In this direction there are direct flights, but often the flights with a stopover in Madrid or Barcelona will be much more profitable. The average cost of flights (round-trip) is 13 500 rubles – prices vary depending on the season.

Cities located in the Northern part of the coast, Denia and Javea are approximately the same distance from the international airports of Alicante and Valencia, so Valencia can be considered as an alternative. For summer season S7 airlines launches direct flights to Valencia on Wednesdays and Saturdays. The minimum cost of tickets on the route there and back will be from 20 000 rubles.

The situation on the real estate market

The Spanish property market is undergoing a phase of intense reconstruction following the financial crisis of 2008. Since the peak in July 2007, housing costs fell on average by 40%. Experts predicted that the sector recovery will start from the resort the country's real estate and residential properties in the Spanish metropolises (Madrid, Barcelona). Currently the maximum demand of foreign investors is chained to a property on the Costa Blanca, in the Northern part of which leaders are Alicante and Benidorm. According to the largest English-language portal about Spanish property Kyero, three bedroom apartment attracted the greatest interest (33%), followed with a small margin followed by the two bedroom apartments (31%).

46% of all requests we had for housing the price range €50 000-€150 000, followed by budget properties worth up to €50 000 (22%) – this fact indicates that buyers are still looking for opportunities to take advantage of falling prices.

Today average cost of 1 sq m of residential property in the province of Alicante, according to the Spanish portal Idealista, is €1236. So, the average in the North Costa Blanca, the "collateral" one bedroom apartment near the sea will cost €60 000.

Popular destinations for investment

Alicante is a city, port, administrative centre and capital of the eponymous province. It is home to over 300,000 people, and the area around Alicante inhabited for over 7000 years. Until the global economic recession which started in 2008 Alicante was one of the fastest growing cities in Spain. Today the main income articles of the city budget are tourism and housing.

The budget apartments in Alicante cost from €45 000; you can buy an apartment and €20 000, but it is worth considering that such housing will be located in the seedy "immigrant" area, where the bulk of the inhabitants are Arabs and Gypsies. On average, €50 000-€80 000 are old apartments in the secondary market, located on the outskirts of the city and require additional repair costs.

In the city center the cost of the two bedroom apartments starts from €150 000, and sometimes comparable with those of Barcelona and Madrid.

For the amount of €150 000 to buy a house in the suburbs (10-15 km from the sea) three bedrooms, swimming pool and Parking.

Villajoyosa is a coastal town and municipality in the province of Alicante on the Mediterranean coast, which is known to the locals simply as La Vila. The city is located 32 km from Alicante, and literally means "City of joy". He is known not only for its three-kilometer beach, but also developed chocolate industry with many chocolate factories. With a budget of €45 000-€50 000 you can buy an apartment with three bedrooms (at the considerable distance from the sea), being in pledge at Bank. Spacious apartment with two or three bedrooms on the secondary market and 500 m from the sea costs €95 000-€100 000.

Benidorm is a tourist center, one of the most famous and busy resorts of Spain. Back in the 1960s, Benidorm was a small fishing village, today the city is known for its hotels, sandy beaches, vibrant nightlife and towering skyscrapers.

According to some, Benidorm has one of the highest rates in the number of skyscrapers per capita.

Thanks to the rock who plays in the sea and cuts the Bay into two parts, in Benidorm formed a special microclimate with a refreshing summer breeze, but without cloud cover and extreme temperatures. The architectural appearance of the city is represented by multi-family residential complexes, but there are areas with luxury private villas. The apartment collateral or the object of the secondary market is worth about €60 000 (2 km from the sea), similar to the primary market apartments in residential complex with pool, Parking and security will cost twice as much. Overall, the real estate Benidorm is objectively cheaper than similar facilities of Altea, Calpe and Alicante.

Marshmallow is one of the most Bohemian and upmarket resorts on the coast. There are many art galleries, concert halls for classical music, pottery shops and souvenir shops with Handicrafts of local artisans. The cost of apartments of the secondary market starts from €50 000, first line to the sea – from €150 000 to€180 000.

In the classic panorama of the city, with unique architecture in white colors, harmonious urbanization Altea Hills, situated on a picturesque hill. In "Altea hills" no high-rise buildings and multi-family houses, older houses, there are only buildings and private villas, luxury hotel, bars, restaurants, swimming pools, tennis courts, and even the Orthodox Church of St. Michael.

Apartment in Altea Hills spacious areas and high quality construction, and therefore the prices here are much above average. So, apartments cost from €180 000 (one bedroom, total area 70 sq. m.) up to €2 million (five bedrooms, an area of 540 square meters). The cost of elite luxury villas in Altea Hills it goes up to €5 million.

Calpe is a town located 67 km from Alicante, and one of its attractions and business card is the rocky headland of the pe