Detached chalets with pools, expansive land plots, and sweeping views of the Mediterranean frame a landscape where Alicante towns sit among Europe’s luxury enclaves. In this market, properties priced above one million euros mark a significant niche, signaling exclusivity and high demand in select coastal municipalities.
A club of sorts operates here, with data showing that a handful of communities attract premium attention. According to a leading real estate portal, Malaga’s Benahavís stands out as a magnet for luxury buyers, a place where the value of existing homes averages around 2.26 million euros. This aligns with the Costa del Sol’s reputation for upscale developments and luxe living. The concentration of wealth in these areas explains why such properties command record prices and attract international buyers seeking prime spots for second homes and investment portfolios.
In Mallorca, Calvià towers as a benchmark with an average listing closely approaching the seven-figure mark. Marbella follows with a similarly high standing, while Sotogrande maintains a strong presence, reflecting Spain’s premier luxury coastline. Altea enters this top tier for the first time, posting an average price just over one million euros at 1,000,855 euros, signaling its rising appeal among discerning buyers.
Housing prices slowed their rise in Alicante
A closer look at Altea reveals a market where not every home surpasses the million-euro threshold, yet a substantial segment does. Among 1,774 properties actively listed in Marina Baja, 634 listings remain above the regional benchmark, illustrating a robust premium segment that persists across the municipality. The most expensive home currently on the market is a seven-bedroom, 1,800 square meter chalet in the Altea Hills area offered at 8.5 million euros. This price point underscores the enduring allure of luxury living in coastal enclaves.
In this broader picture, Altea is not alone in commanding high-value listings. Xàbia also ranks high with an average price of 852,344 euros, placing sixth on the regional scale. Calpe sits at position twelve with an average price around 602,440 euros, while Denia ranks nineteenth with about 417,391 euros.
Looking further along the coast, El Campello stands out for having some of the most expensive houses for sale beyond the marinas with an average around 350,125 euros. Orihuela, with new luxury developments and growing beach appeal, nudges the average to 297,877 euros, and Pilar de la Horadada shows an average of 281,240 euros.
On balance, Alicante’s market presents a spectrum. The city itself maintains strong average prices, with Alicante town recording around 252,974 euros on available listings. Guardamar del Segura shows about 207,247 euros, and Elche sits near 197,105 euros, highlighting a diversified coastal economy with pockets of luxury and more attainable entries for buyers at varying budgets. These patterns reflect sustained demand and the region’s appeal to investors and second-home seekers alike.
Most requested
Demand remains driven by the province-wide appeal of coastal living and a limited supply of marquee properties. Among the portal’s 107 most searched districts, Alicante leads in terms of municipalities, followed by Malaga and Barcelona. In total, Alicante claims more municipal interest than Malaga, which features 11 municipalities, and Barcelona with 10, illustrating a regional tilt toward the coast where lifestyle and investment potential align for buyers and renters alike. (Source: Idealista)