merilista
The Complete Guide to Investing in Spanish Property
Buying Guide

The Complete Guide to Investing in Spanish Property

April 18, 2026 · Spain

Home/insights/spain/alicante/The Complete Guide to Investing in Spanish Property

Considering making a real estate investment in Spain? Here's everything you need to know about property investment in Spain. Read for more information.

Merilista Market Intelligence

Primary insight

Alicante is poised for sustained growth, with property prices in the region expected to appreciate by 5% annually over the next five years. Investors targeting rental markets and vacation homes will find ample opportunities as the area continues to attract tourists and retirees alike.

The city's appeal extends beyond its beautiful coastline to its robust economic indicators. Favorable conditions for both foreign direct investment and a thriving tourism sector contribute to Alicante's attractiveness for property investment.

Who this is right for

Investors seeking holiday rental properties that benefit from high tourist traffic.

Retirees looking for a second home in a vibrant community with a pleasant climate.

Property developers interested in expanding portfolios within the growing Spanish market.

Who this is NOT right for

Short-term speculators seeking rapid profits may find Alicante’s market less volatile than desired, as growth is steady rather than explosive.

Buyers looking for luxury properties in high-priced metropolitan centers, as Alicante offers more moderate pricing compared to cities like Barcelona or Madrid.

Key facts

Alicante's property prices have increased by approximately 8% year-on-year, reflecting strong demand.

The region boasts over 300 days of sunshine a year, enhancing its appeal to international buyers.

Tourist arrivals reached over 3 million in 2022, providing substantial opportunities for rental income.

Spain’s GDP growth was reported at 5.8% in 2022, showcasing the country's overall economic strength.

Area and market breakdown

Alicante, part of the Costa Blanca, is renowned for its picturesque beaches and welcoming atmosphere. The city combines urban vibrancy with serene coastal living, making it a popular choice among both locals and expatriates. Its infrastructure, including transport links and amenities, supports an expanding population.

Is Alicante worth it in 2026?

With projected annual growth in property values and a solid foundation of tourism, Alicante's market is well-positioned for continued appreciation. Long-term investors can anticipate stable rental yields bolstered by the influx of international visitors. The overall quality of life and cultural richness serve to enhance the investment’s desirability.

Merilista verdict

Investing in Alicante presents a strong case when compared to pricier markets like Barcelona or Madrid, where properties are significantly more expensive yet yield lower growth rates. Given the city's balanced combination of aesthetic appeal and economic potential, it stands out as a strategic investment location. Alicante's growing infrastructure and vibrant community indicate that it will maintain its upward trajectory for the foreseeable future.

Partner content

Distributed in partnership with our content partner.

Read full article →

Market data disclaimer

Data on Merilista is sourced from publicly available official sources including Eurostat, national statistical institutes, Dubai Land Department, and the Central Bank of Turkey. All market signals, MERI scores, yield estimates, and trend indicators are for informational purposes only and do not constitute financial or investment advice. Property markets are subject to change — past performance does not guarantee future results. Conduct independent due diligence or consult a licensed advisor before making investment decisions.

MERI (Merilista Real Estate Index) is a proprietary comparative model. It is not a certified financial index and should not be used as the sole basis for investment decisions.

Properties in Spain

2-bedroom apartments in Alicante — €379,000
Alicante · Spain

Apartments

2-bedroom apartments in Alicante — €379,000

Punta Prima is a coastal district of Alicante known for its pleasant Mediterranean climate, characterized by approximately 320 days of sunshine annually. This property is conveniently located just steps from the beach and within a short distance of various amenities, including shops, restaurants, and the vibrant Punta Prima High Street, which is 1.3 kilometers away. La Zenia Boulevard, a prominent shopping destination, is 3.9 kilometers from the flats, while Torrevieja city center lies approximately 7 kilometers away, offering additional services and attractions. The area also features a golf course in Villamartin, located about 7.5 kilometers away, appealing to golf enthusiasts.

Price

379 000 €

~1 400 €/mån

Boyta

88

bed

2

bath

2

View →
3-bedroom house in Málaga — €2,350,000
Málaga · Spain

Houses

3-bedroom house in Málaga — €2,350,000

Benalmadena, a coastal town on Spain's Costa del Sol, features a blend of cultural heritage and modern living. The property is located in the Capellania area, an established residential neighborhood characterized by its tranquil streets and proximity to both Benalmádena Pueblo and Benalmádena Costa. The site is approximately 2.5 km from the nearest beaches and 3.5 km from the historical center, providing easy access to local amenities, restaurants, and recreational facilities such as golf courses and waterfront activities.

Price

2 350 000 €

~8 683 €/mån

Boyta

508

bed

3

bath

3

View →
3-bedroom apartments in Mijas — €480,000
Mijas · Spain

Apartments

3-bedroom apartments in Mijas — €480,000

The development is positioned between the coastal towns of Fuengirola and Mijas, providing residents with a blend of urban and natural landscapes. Nearby attractions include the extensive Blue Flag beaches of Fuengirola, which span 8 kilometers, and Mijas' charming cobbled streets that reflect its rich cultural heritage. Essential amenities are within easy reach, with the A7 highway just 400 meters away, facilitating convenient travel. Málaga International Airport is 24 kilometers from the property, while Marbella and Málaga city center are 28 and 32 kilometers away, respectively.

Price

480 000 €

~1 774 €/mån

Boyta

97

bed

3

bath

2

View →

Interested in Spain?

Talk to an expert advisor. Free, no commitment.

Browse properties →
Premium partnerMeriSignaturePremium curated properties · Costa del Sol · Dubai · Turkey
Visit MeriSignature →

Market data on Merilista is sourced from official public sources (Eurostat, INE, Dubai Land Department, CBRT) and is for informational purposes only. MERI scores are comparative indicators — not financial advice. Always conduct independent due diligence before making investment decisions. Disclaimer