Alicante property prices: €2,834/m² in the summer of 2026

€2,834. That is the average price per square metre across Alicante province at the close of June 2026, according to idealista. Up 0.8% on May, 3.7% on the previous quarter and 10.3% on the same month a year ago. The figure will not sit still: every monthly report rewrites the record set by the last one.

This is the market pulse in the summer of 2026, told with the numbers on the table rather than with impressions. Who is buying, where prices climb fastest, how much rent yields and what money is doing. Let us start with the map.

The province keeps setting records

That provincial figure of €2,834/m² hides a deeper tension: a double-digit annual rise (10.3%) living alongside supply that is not growing at the same pace. What comes to market sells, and little comes to market. Between January and March, 12,614 sales were signed in the province, 4.6% fewer than the previous quarter, not for lack of demand but for lack of product on the shelf.

New builds are scarce and set the highest prices; resale homes carry the bulk of transactions and are the ones setting the monthly pulse. Two speeds, one thermometer, both climbing.

Alicante city: €2,575/m² and counting

The capital is living its own record. In June 2026 a home in the city of Alicante reached €2,575/m², after touching €2,549 in April and €2,571 in May. The Santa Cruz quarter under the Benacantil, the old town and the seafront of Playa de San Juan pull the average upward, while districts such as Benalúa or Pla del Bon Repós still keep a little room.

Within the city, the product with a view goes first. One example of what moves downtown is this penthouse in central Alicante with sea views: the kind of home that, in a tight market, barely lasts a few weeks.

The southern coast drives the map

Head south and the numbers surprise. Orihuela Costa sits around €3,037/m² and Pilar de la Horadada tops €3,377, above the capital itself. Torrevieja, the old foreign capital of the Costa Blanca, closed April at €2,502/m² and keeps climbing month after month. Golf, the European second home and winter sun explain a premium that once seemed reserved for the north: Jávea, Dénia or Calpe facing the Peñón de Ifach.

Almost one in two purchases is foreign

The headline of the year is this: between January and March 2026, 44.65% of the homes bought in the province were purchased by a foreign citizen, according to Spain's Association of Registrars. It is an all-time high and first place in the country, ahead of Málaga (34.3%) and the Balearics (28.89%). Nearly one deal in two carries a foreign accent.

And they buy dearer. Non-residents spend on average around 60% more than Spanish buyers in the province. Across Spain the ranking is led by the British (10.3% of foreign transactions), Germans (9.2%), Moroccans (7.8%) and the French (7.3%): a picture you can read street by street on the Costa Blanca, from Torrevieja to Moraira. If you are arriving from abroad, it pays to understand first how non-resident mortgages in Spain work.

Renting: less profitable, still competitive

Buying to let yields less than a year ago, simply because sale prices are running faster than rents. Gross rental yield in Alicante province fell to 6.2% at the start of 2026, in line with the 6.5% national average (it was 7.2% a year earlier). Even so, rents give no respite: in the city of Alicante the rental square metre reached €13.2/m² in April, up 8.7% year on year. The fine print, zone by zone, is where the real decision lives.

Money is cheaper than a year ago

The tailwind blows from the north. The twelve-month Euribor closed July 2026 at around 2.15%, its lowest level since May 2023, after 2.80% in June. For an average variable mortgage, that means several hundred euros less a year. Lower financing cost on one side, more international buyers with cash on the other: the combination that keeps pressure on prices without any need for a credit bubble.

How to read this summer

The 2026 map comes down to three strokes: prices at record highs, short supply and a foreign buyer setting the pace. This is not 2007, because a good share of these purchases close with no mortgage or with conservative ones. It is a market stretched by real demand and by square metres that never appear.

For anyone watching the Costa Blanca, the reading is simple: waiting is expensive when the square metre rises 10% a year, yet buying in a hurry at the top demands more judgement than ever about the area, the condition and the price of each property. Between the record and the rush is exactly where a good selection makes the difference.

At ESYS VIP we help you read the market calmly and explore our properties on the Costa Blanca. If you would like a valuation or tailored advice, contact us.