The Costa Blanca has been a destination for holiday makers and buyers of second homes since the late 1950's, in fact it's name was fabricated by the tourism industry to promote the industries, then new, package holidays to Spain. This included the, at the time, relatively unknown towns of Benidorm (see our article from last week) and Alicante. The area is still heavily reliant on the tourist industry and extends to some 200 kilometres of coastline, providing a traditional sunshine holiday to millions of people each year.
In this article from 2006, Kyero highlighted the area's strong recent prices rises in the coastal areas, a key aspect was the huge growth in buyers of second homes that had sensibly targeted front line property with sea views. Not only were these properties desirable for themselves but also ideal for renting or letting when unoccupied by their owners. This was obviously not a sales trend specific to the Costa Blanca , Spain's entire coastline was extremely desirable with all areas benefiting from improved road networks and the abundance of cheap flights to all areas.
It's quite interesting looking back at historical prices in the area as Kyero was right on the money with their information on prices, as a whole the average property price went from a few percentage under the national average in 2006 to a few percentage over in 2007. Looking closer at the statistics, there was strong growth in larger, more expensive properties which were in much higher demand - as was pointed out, strong regulations in many areas meant that it was villas rather than apartment blocks being built as the government pushed for the more attractive low rise developments (a key point here was the difference in regulations between the northern and southern areas). This marked difference in the market remains today but definitely peaked in the heady days of 2007.
It's certainly a large area and with such variety there is much to enjoy and explore, it's not all tourism and some delightful inland locations can be found. As always Kyero stocks a vast number of Costa Blanca property sales and there are also a high number of rentals, I'd recommend seeking out one of the many villas for rent to be found here and at very reasonable prices.
The original article from 2006 - Costa Blanca property for sale is no longer available at bargain prices, particularly if you are looking for a property with a sea view. The popularity of the area has meant that prices have risen steadily over the past few years, although it is still possible to find great value depending on whereabouts in the Costa Blanca you are looking.
The area can be divided very neatly into two halves - north and south. In the northern part of the Costa Blanca property for sale is generally more expensive than the south but the spectacular scenery, beautiful climate and wonderful beaches mean that this area has much to offer the property hunter. Development in the area has also been well-regulated particularly in areas such as Javea where development is low-rise and most of the properties available are villas.
South of Alicante and down towards Torrevieja, you will find that prices tend to be lower if you look in this area for Costa Blanca property for sale.
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