Torrevieja, Alicante and Benidorm stand out as the three municipalities driving the majority of sales in the Alicante province this year. Together they account for about 37% of completed transactions since the year began, underscoring a robust market moment. Sales in this region surged by 128% from the same period a year earlier, a leap driven largely by renewed demand after the Covid crisis. These cities also offer the broadest selection of properties, which further fuels activity as buyers look for options that fit various preferences and budgets.
Recent data released by the College of Registrars shows that home sales in Alicante hit a 15-year high, surpassing 24,000 transactions. Complementing this is a study from Housell, a firm specializing in real estate services, which provides deeper insight into the current transaction landscape. Its findings align with the broader market upturn, highlighting how demand and supply are evolving in tandem across the province.
According to Housell’s report, Torrevieja accounted for 17.14% of the 4,100 plus sales recorded, Alicante city represented about 13.52% of a roughly 3,200 share, and Benidorm comprised 6.67% or around 1,600 transactions. Together, these three municipalities enjoy substantial tourism appeal, positioning them at the top of the list for real estate activity. Alicante itself leads the provincial ranking with 14.56% of transactions, followed by Torrevieja at 13.11% and Benidorm at 9.47%. The growth trajectory is clear: activity has surged year over year, while the supply side has expanded as well, pointing to a healthier balance between buyers and sellers in the market.
The study notes that the overall increase in transactions stands at 128% compared to the prior year, and the housing stock offered for sale grew by 122.46%. Internal Housell data shows flats represented 54.29% of the total residences sold so far this year, with the balance split between long-term rentals, chalets, and vacation properties. Within the mixed inventory, long-term residences accounted for the majority, followed by chalets and a smaller share of vacation apartments, reflecting varying buyer needs and objectives across the region.
Looking at the entire housing stock, the breakdown shows flats making up 55.10%, chalets 30.83%, and penthouses 5.34%. The current average price rests around 1,556 euros per square meter, according to Idealista. This price picture helps explain why buyers are prioritizing larger spaces and flexible layouts in many cases, as buyers seek better value, outdoor areas, and room to adapt living spaces to work or family life without sacrificing location advantages in coastal cities.
Turning to a regional perspective, Culmia’s most recent report shifts the lens to Valencia’s communities. It reveals that only 13.2% of Valencian residents under 35 managed to purchase a home. The study notes that nearly 40% of people in the Valencia Community are contemplating a home change, with a preference for larger spaces, patios or gardens, and quieter surroundings. This shift toward more expansive living spaces reflects evolving lifestyle choices and the desire for comfort, privacy, and outdoor accessibility as work and leisure patterns continue to blend. The typical buyer profile shows that 63% of purchasers live in households with three or more members, while couples make up 29% and those living alone represent around 9%. Data also indicate that buyers between 36 and 45 years old dominate activity, comprising about 64% of the market, whereas younger buyers are exploring options with a focus on research rather than immediate purchases, and a smaller portion successfully closes transactions in any given period.