Signs point to a potential cooling of the economy and a rise in housing loans. This uptick could slow the mobility of the real estate market, yet it is unlikely to push housing prices down in the way seen after the 2008 real estate bubble burst. That is the Alicante appraisal’s current estimate. Euroval anticipates a continued, moderate rebound in square meter values in the following years.
According to the projections published in Spain’s house price forecast for 2023-2025, a report produced by the firm led by Nacho Amirola, the average home price in Alicante is expected to rise by 6.6 percent through the last quarter of 2025, with an annual average increase around 2.2 percent.
During this period, the price per square meter is projected to hover around 1,364 euros, rising to about 1,454 euros when considering both new and existing housing, which currently holds the greatest weight in the market.
However, the appraiser stresses that these figures are conditional projections based on current market conditions and economic trajectories. They could shift if certain factors change, such as a meaningful rise in incentives for new construction that lowers costs for newly built homes, which would lift the average price, or a growing demand for investment properties as a hedge against inflation.
On the flip side, sharper rises in interest rates, tighter credit conditions, or slower job growth could dampen activity and exert downward pressure on prices.
Ignacio Amirola, new CEO of valuation expert Euroval
When comparing Alicante with national and regional trends, the city is expected to slightly outpace the national average in price increases over the next few years, with a cumulative national rise of about 5.8 percent projected through 2025. By the same token, the inland Valencian regions are forecast to show stronger gains, with Valencia and Castellón tracking higher trajectories of roughly 10 percent and 11 percent respectively in the same period.
In absolute terms, Alicante continues to command the region’s highest average price per square meter. Current comparisons show Valencia around 1,191 euros per square meter and Castellón near 1,058 euros, while Alicante remains higher at around 1,312 euros per square meter.
Notes accompanying the Alicante outlook underscore that these projections assume stable macroeconomic conditions and continued demand for housing. Analysts also highlight that shifts in migration patterns, employment prospects, and financing availability can influence outcomes in ways that are difficult to predict with precision. The takeaway is a cautious optimism: price gains are expected to moderate but endure, supported by underlying demand and limited supply in desirable areas.