Alicante Leads Spain in Property Demand

- Idealista data published April 28 showed Alicante province placing 16 municipalities among Spain’s highest-demand homebuying markets, with Alicante city ranked 23rd nationally. - The February study counted 28 Alicante localities in Idealista’s large-market demand ranking, including El Campello at 41, Gran Alacant at 57 and Elche at 60. - March prices in Alicante city reached €2,515 per square meter, up 8.3% year over year. (idealista.com)

Alicante province is showing up across Spain’s property-demand rankings, with Idealista data placing 16 of its municipalities among the country’s most sought-after homebuying markets. (idealista.com) (euroweeklynews.com) In the April 28 Idealista ranking for the first quarter of 2026, Spain’s biggest-city markets were led by Madrid, Zaragoza and Valencia, while Alicante city appeared 23rd with an average asking price of €317,320. (idealista.com) (euroweeklynews.com) A separate Idealista report published February 26 found Alicante was the province contributing the most municipalities to its large-market demand ranking, with 28 localities included. El Campello ranked 41st, Gran Alacant 57th and Elche 60th. (idealista.com) The rankings measure pressure from demand against homes listed for sale, not just raw population size. That helps explain why Alicante keeps appearing alongside much larger urban markets and tourist-heavy coastal towns. (idealista.com 1) (idealista.com 2) Prices are still climbing in the city of Alicante. Idealista’s March 2026 price index put Alicante city at €2,515 per square meter, up 0.6% from February and 8.3% from March 2025. (idealista.com) Across the broader Alicante province, the March 2026 asking price averaged €2,732 per square meter, up 12.7% from a year earlier. Towns including Altea, Arenales del Sol and Alfaz del Pi were all near or above €3,000 per square meter. (idealista.com) Local officials are trying to show more supply is coming. Alicante’s city government said April 25 that its new long-range urban plan projects more than 40,000 homes, with about 40% designated as protected housing. (idealista.com) That plan includes 14,300 homes from industrial-to-residential conversions, 22,300 new-build units and 5,000 vacant homes the city wants to bring back into use. The council said the framework also opens the door to flexliving and coliving formats. (idealista.com) For now, the signal from the data is simple: buyer pressure in Alicante is no longer concentrated in one city. It is spread across the province, from the capital to commuter towns and Costa Blanca resorts. (idealista.com) (euroweeklynews.com)

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