659 New construction promotions in Alicante Province

New developments in Alicante

Currently, Alicante stands out for hosting over 659 new development promotions for sale, including thousands of apartments both under construction and completed. This positions Alicante as the fourth province in Spain in terms of new housing volume, following Madrid, Barcelona, and Málaga. According to the Alicante College of Technical Architects, in 2021 more than 1,000 projects were initiated, resulting in the construction of 5,600 properties which added up to more than 1,000,000 m² across the province.

Prices of new developments in Alicante

In Alicante, the most affordable square meter of new construction can be found in Ibi and Cox, where prices hover around 750 €/m². Almoradí follows closely with prices around 850 €/m², and Monovar slightly above 850 €/m². Callosa de Segura exceeds 880 €/m². The lowest average price per square meter in the province is around 1,200 €/m², while in high-demand areas such as Moraria and Punta Prima, prices surpass 2,300 €/m². Locations such as El Albir, San Miguel de Salinas, Benidorm, Benijofar, and Cabo Roig also display high prices. Altea, and particularly Altea Hills, stand out with prices exceeding 2,000 €/m² and reaching more than 3,000 €/m².

Dynamics of the new construction market in Alicante

Alicante ended 2021 with a 12% increase in newly started homes compared to the previous year, though this was a 21% decrease compared to 2019, before the COVID-19 crisis. Continued growth is anticipated, with an average of 110 new promotions per quarter. Regionally, more than 29% of the new homes were started in the metropolitan area of Alicante, while Vega Baja and the Marina Baja and Alta counties also showed significant numbers.

Current state of the new builds market in Alicante in 2025

The new development market in Alicante in 2025 shows a significant and diversified distribution among its cities. Torrevieja leads with 47 promotions, representing approximately 13% of the total developments. Closely following, new development in Finestrat has 43 projects, equivalent to 12% of the total, highlighting its growing attractiveness for investors and residents.

New development in Alicante/Alacant has 39 developments, constituting around 11% of the total, emphasizing its central role in the region's economy and tourism. Pilar de la Horadada and Orihuela Costa offer 38 and 31 promotions respectively, representing 10.5% and 8.5%, highlighting their popularity due to proximity to the coast and notable services.

Denia and Orihuela add dynamism to the market with 30 and 26 developments, corresponding to 8% and 7% of the total, respectively. Cities such as Calpe and Rojales also play an important role, with 25 and 22 projects, and percentages of 7% and 6%. Jávea/Xàbia and Guardamar del Segura complement the vibrant real estate sector with 21 and 19 projects, occupying about 6% and 5% of the total respectively.

This detailed overview shows an active and diverse real estate market in Alicante, where each city contributes its unique characteristics to the growth and development of the region, offering multiple options for residing or investing.

Investment opportunities and local economy

The province of Alicante plays a crucial role in the tourist economy of the Valencian Community and positions itself as one of the main ones in terms of business volume and interest in the real estate market. The average price of a new home in the province is estimated at 1,250 €/m², reaching up to 3,000 €/m² in the most exclusive areas. With an average of more than 220 sunny days a year, Alicante offers excellent opportunities to acquire new properties with modern communal facilities, such as swimming pools, security systems, and surveillance.

In Alicante province, the price of affordable new construction starts at 2 259 € because these properties do not enjoy exclusive views or amenities while the average price is 683 687 € for a new home while the average price of a second-hand property is 461 652 €, new and luxury homes can cost up to 3 995 000 € these properties are expensive due to the best views, quality, more m², or their location and exclusivity.

We also recommend reviewing all the opportunities of more than 40618 second-hand properties in Alicante province.

Where to acquire new developments in Alicante?

Alicante, with its wide range on the Mediterranean coast, concentrates most new homes near the coastline in municipalities such as Benidorm, Calpe, Denia, Orihuela Costa, Elche, and Torrevieja. The Bajo Segura region has the most new housing promotion this year, with varied prices ranging from economical to exclusive across different types of properties.