With its privileged climate and coastal charm, Alicante has become a top choice for those seeking quality and exclusivity on the Mediterranean. Rich in history and beaches, the city attracts a discerning clientele drawn to the Costa Blanca lifestyle.
For all these reasons, Alicante is increasingly positioning itself as a prime destination for those who value comfort and the Mediterranean way of life. Explore Alicante's most exclusive neighbourhoods and take a closer look at the city's growing luxury property market.
History of Alicante
Alicante is a city with a rich history dating back more than 7,000 years, from its origins as an Iberian settlement to the Roman and later Muslim influences. Alicante’s strategic port on the Mediterranean made it a vital hub for trade and defence. This rich blend of cultures has left a lasting architectural and cultural imprint still visible in its streets and neighbourhoods.
Over the centuries, Alicante has transformed from a fortified city into a vibrant centre for tourism and upscale living. Its urban evolution has embraced modern residential, commercial and cultural developments, all of which showcase the city’s energy and dynamism.
Alicante's luxury neighbourhoods
Alicante boasts several neighbourhoods known for their exclusivity and high real estate value. One of the most sought-after is Playa de San Juan, offering modern apartments with direct beach access, landscaped green spaces and a relaxed coastal lifestyle.
Nearby areas such as Alicante Golf, Cabo de las Huertas and Albufereta are equally prized for their peaceful villas, many with sea views. The city centre also holds strong appeal, thanks to its historic charm, pedestrianised streets and renovated period buildings, offering unique, high-value residences.
The Ensanche area stands out for its broad avenues, contemporary architecture and upscale shops and restaurants. Vistahermosa, meanwhile, is known for its detached homes set in peaceful, green surroundings close to nature.
Alicante's most expensive on idealista
Although Alicante offers a wide range of housing options, some residences stand out for their exceptional price and exclusivity. Here are a few of the most luxurious properties currently available on the market:
- A villa in Cabo de las Huertas valued at €9,400,000 with 10 bedrooms and right on the beach.
- A contemporary-style villa in Cabo de las Huertas with 1,141 m2 built space and a value of €7,000,000.
- A modern villa in Alicante Golf with a huge garden and pool on 5,005 m2 of land for sale for €5,900,000.
- A large mansion in Vistahermosa, valued at €4,000,000. It has a large swimming pool and 14 bedrooms.
Which famous people live in Alicante?
Alicante is home to several well-known figures in Spanish and international entertainment, sports, and the arts. Actress Ana Milán, born in the city in 1973, is known for her roles in popular Spanish series such as Camera Café and Física o Química. Vanesa Romero, another Alicante native, is widely recognised for her long-running role in the sitcom La que se avecina.
Internationally, tennis star Alex de Minaur was born in Alicante and competes at the top level for Australia. Photographer Cristina de Middel, a member of Magnum Photos, has earned global acclaim for her documentary work. Classical guitarist Ignacio Rodes has performed worldwide, while actress and former Miss Spain Lola Forner starred alongside Jackie Chan in several 1980s action films. Olympic gold medallist Miriam Blasco, although not born in Alicante, is also closely associated with the city.
How much does it cost to buy a house in Alicante?
Alicante’s property market has seen notable growth, fuelled by both domestic and international demand. The investment rate – i.e. the proportion of income allocated to home purchases – currently stands at 30% in the city. While experts advise that this figure should not exceed that threshold, the effort rate for rentals in Alicante rises to 38%, according to a recent report by idealista.
The price per square metre in Alicante
As of June 2025, the average property price in Alicante stands at €2,435 per square metre for purchases and €12.40 per square metre for rentals – figures that reflect a steadily rising market in recent months.
In the city’s most exclusive areas, however, prices are significantly higher. Here are the ten most expensive neighbourhoods to buy a home in Alicante:
| Neighbourhood (area) | Price/m2 (June 2025) |
| Playa de San Juan (Playa de San Juan-El Cabo) | €3,925 |
| Historic centre (Centre) | €3,264 |
| Cabo de las Huertas (Playa de San Juan-El Cabo) | €3,209 |
| Ensanche-Diputación (Centre) | €3,097 |
| La Albufereta (Playa de San Juan-El Cabo) | €3,086 |
| Mercado (Centre) | €2,783 |
| Vistahermosa (Parque Avenidas-Vistahermosa) | €2,747 |
| Alicante Golf (San Juan Beach-El Cabo) | €2,745 |
| El Palmeral-Urbanova-Tabarca (Benalua-La Florida-Babel-San Gabriel) | €2,576 |
| Garbinet-Parque de las Avenidas (Parque de las Avenidas-Vistahermosa) | €2,571 |
