Top 5 places to buy real estate in Spain

What are the top 5 places to buy real estate in Spain? Spain once again ranks first on our list of countries for purchasing property abroad. And it's not just a catchy phrase on aplaceinthesun.com: according to government data, in 2022 we became the largest group of foreign buyers once again. It's particularly noteworthy that Alicante has become the most sought-after location for purchases among foreign investors, accounting for 40% of all sales. However, the list of the five most popular destinations for housing in Spain online over the past year has hardly changed compared to the previous year. So what makes these places so attractive?

1. Torrevieja

In first place is Torrevieja, located on the Costa Blanca. This is not the only popular resort that is conveniently accessible from Alicante Airport, but it offers a wide range of affordable real estate options. The city is situated between two lakes and the Mediterranean Sea, offering magnificent sandy beaches and promenades, various golf clubs, water sports, and numerous amenities such as water parks and a vibrant nightlife. You can still find an apartment for...€45,000Even a small villa can be acquired for€55,000A three-room apartment can cost...€65,000If you enjoy dynamic and cosmopolitan places, the only challenge will be deciding what to buy.

2. Villamartin

First, heading south, just a few kilometers from Torrevieja is Villamartin. Buyers appreciate its proximity to Alicante, the prestigious Golf Villamartin club, and quality restaurants at Villamartin Plaza. An international community thrives here, including homeowners and expats, and there are supermarkets available. The beaches of Punta Prima and Playa Flamenca are easily accessible, as is the La Zenia shopping area. Entry prices start from€60,000for an apartment with one or two bedrooms — for€75,000You will have quite a good selection of properties, and with a budget of€400,000You can find many beautiful villas with pools, even with up to five bedrooms for that amount.

3.

The rapidly developing city of Estepona on the Costa del Sol is also attracting interest from buyers. Just an hour's drive from Malaga Airport, it is located on the "New Golden Mile," which stretches west from Marbella, past San Pedro. What makes it so appealing? Prices here are more affordable compared to Marbella, and it's not too far away, with a lot of new construction planned. The city has been revitalized: new roads, promenades, parking lots, and sports complexes; new five-star hotels are opening, while still maintaining the charm and historical character of the old town with its cozy beachside restaurants. The minimum price for housing is around€100,000For an apartment with two bedrooms, be prepared to pay from€140,000and above, new housing will cost around€170,000.

4. Ciudad Quesada

We are returning to the popular province of Alicante on the southern Costa Blanca, where Ciudad Quesada is located. This resort was established by a developer in the 1970s and has now become a lively area with new residential buildings. It is conveniently located for access to the airport, the bars of Torrevieja (see above), and the long 12-kilometer beaches of Guardamar del Segura. Also nearby is the La Marquesa golf club and numerous restaurants. Prices start from€60,000...for a modern villa with a private pool, you will pay around...€339,000.

5. Marbella

The allure of Marbella seems like it will never fade, does it? While a large number of influential figures may attract the youth, this area has also been popular among middle-aged buyers due to its fantastic leisure and sports opportunities, as well as its convenience. One note: what is considered Marbella in real estate agency listings can cover quite a vast area, even up to 35 km to La Duquesa! And that's the appeal: you can find something for less than€100,000if you are 20 minutes away from the city; or a two-bedroom townhouse near Puerto Banus for€170,000Explore your neighborhood carefully to make the right decision.

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