New houses and developments in Alicante

What locations have the highest number of new construction homes?

Currently, the localities with the highest volume of new construction promotions in the province of Alicante are: Benidorm (over 180), Torrevieja (just over 70), Denia (about 70), Calpe (over 50), Elche (around 50), and the city of Alicante (nearly 45).

In which beach cities are the main new construction developments located?

New developments in Costa Blanca are located in the municipalities of Altea, Benidorm, Cabo Roig, Calpe, Campoamor, Ciudad Quesada, El Albir, Jávea, Finestrat, Orihuela Costa, Moraira, Punta Prima, Torrevieja, and Torre de la Horadada.

What influences the price of new construction in the province of Alicante?

In general terms, the price per square meter of a new development in the province of Alicante depends on the state of the market, that is, the relationship between supply and demand. Obviously, there are other factors that influence the value of these properties, such as location, size, building materials and finishes, height, orientation, common services or facilities provided in the housing unit. Similarly, there are other factors, unrelated to the quality of the house, that also affect the final price. These include population density of the locality, economic and labor situation of the municipality, foreign investment, or tourist use of the territory.

Regarding the inherent aspects of the housing unit itself, special mention should be made of the common services or facilities. It is not the same to buy an apartment in a development than a new independent house. In the former situation, the cost of the facilities is communal, whereas in the latter it is private and personal.

If you are really interested in buying a new home in the province of Alicante, without a doubt, one of the best options would be to buy while the construction is in the planning stage, before the works have started. If this is not possible, it is advisable to do so in the early stages of construction, as the price per square meter can be reduced by up to 30%.

What is the importance of buying new flats versus second-hand houses in the province of Alicante?

The market for new housing seems to be on the rise after the real estate crisis of a few years ago. In the province of Alicante, it has concentrated in the coastal towns, due to the large foreign investment. This type of property is always a guarantee of purchase, compared to second-hand properties. This is due, among other factors, to the customization capacity that a brand-new home offers, the guarantees and security provided by being newly built, and the reduction of costs due to greater energy efficiency. Regarding the energy impact, some of the new constructions of new homes for sale in the province of Alicante include technologies such as solar panel systems that promote the use of renewable energy.

In addition, the latest developments have promoted the development of common areas and facilities, increasing the value of these homes since most of them have a garage, park, one or several swimming pools, and even a paddle tennis court or gym.