Costa Blanca Property Market Trends 2024

Costa Blanca Property Market Trends 2024

An in-depth analysis of the Costa Blanca real estate market, including price trends, buyer demographics, and investment opportunities.

Maria Garcia December 1, 2024 8 min

The Costa Blanca property market continues to show remarkable resilience in 2024, with strong demand from international buyers driving prices upward in key areas. This comprehensive analysis examines the latest trends, emerging hotspots, and what investors can expect in the coming months.

Market Overview

Property prices across Costa Blanca have increased by an average of 8.5% compared to the same period last year. The northern region, including Javea, Denia, and Moraira, has seen the strongest growth at 12%, while the southern areas around Torrevieja and Orihuela Costa have experienced more modest gains of 5-6%.

Watch our expert analysis of the 2024 market trends

Buyer Demographics

The buyer profile has shifted significantly post-pandemic. Remote workers seeking a better quality of life now represent 35% of all purchases, compared to just 15% in 2019. British buyers remain the largest group despite Brexit complications, followed by Germans, Dutch, and Scandinavians.

8.5% Price Growth
35% Remote Workers
12+ Nationalities
15,000+ Sales

Investment Hotspots

Several areas are emerging as particularly attractive for investors. Calpe offers excellent rental yields due to its beach proximity and infrastructure. Altea continues to attract high-end buyers seeking cultural amenities. Meanwhile, inland towns like Jalón Valley offer exceptional value with growing demand from buyers seeking authenticity.

2025 Outlook

Looking ahead, we expect continued growth in the Costa Blanca market, though at a more moderate pace of 5-7%. New infrastructure projects, including the high-speed rail extension and airport improvements, will further boost the region's appeal. Sustainable and energy-efficient properties are expected to command premium prices as environmental awareness grows.

Key Takeaways
Prices up 8.5% year-over-year
Remote workers driving new demand
Northern Costa Blanca outperforming south
Rental yields averaging 5-7% in key areas
New builds commanding 15% premium