A favorite destination for British buyers, property in Alicante is a very popular choice for those seeking a more laid-back life in Spain (still remains the No. 1 destination for holiday, retirement and investment homes abroad).
In reality, Alicante province is made up of two very different coasts. South of Alicante, including places such as Torrevieja, Guardamar, La Marina, Santa Pola and Gran Alacant, there are huge amounts of cheap housing.
Some things are different in Spain
"It pays to be aware of this and to learn the differences in the rules when it comes to buying a property".
Inland, around towns like Orihuela, it's a similar story. Flats start at £45,000 and detached properties at £85,000.
At the northern end of Alicante Province stretching towards Benidorm, the wonderful coastal road passes thorough Spanish villages and towns accustomed to a more relaxing pace of life.
North of Alicante, you enter a different world. It's the posh Alicante, where quality apartments start at £120,000 and villas at £260,000. Buyers are affluent Spaniards and northern Europeans.
Alicante North has fewer off-plan opportunities as the land has been largely developed, although there is still a lot of growth around Javea, Denia and Gandia. Building in the north tends to be more controlled.
A fabulous range of property is available to choose from for investments according to your budget and preferences. Besides investment properties, there are a lot number of properties, exclusively designed for vacationers who take advantage of the place for short breaks or just to enjoy a weekend.
Flights to Alicante are very affordable, mainly in the winter; you can take a weekend viewing trip and check the properties available within your chosen area. Contact a real state agent.
Bear in mind also that in your budget you should allow for Taxes, Legal and Notary fees, which can amount to quite a significant figure maybe as much as 8% of the purchase price, depending upon the sale value the property is declared as being worth in the title deeds or Notarised public document known as the escritura.
Although many of real estate firms are here to fetch you the best deal, it is recommended to utilize the service of an expert attorney to check vital documents related to property, like contract and title deeds.