Foreign Investments in the Province of Alicante

The province of Alicante continues to consolidate itself as one of Spain’s main destinations for foreign investment in the real estate sector.

Torrevieja, among other coastal towns, benefits from this trend that combines quality of life, climate, connectivity, and tourist appeal. Below, we review current data, investor profiles, and key market insights, with a special focus on Alicante.

Recent Market Data

High proportion of purchases by foreigners
In 2024, around 44% of all homes sold in the province of Alicante were acquired by foreign buyers.

Comparison with other provinces and the national average
The national average of home purchases by foreigners is between 14–15% of total transactions.

Provinces such as Málaga, the Balearic Islands, and Santa Cruz de Tenerife also show high percentages, but Alicante leads the way, being the only province where the figure surpasses 40%.

Absolute number of transactions
In 2024, the province registered around 56,300 housing sales transactions, making it one of the most active provinces in Spain.

Of these, more than 21,000 were acquired by foreigners during that year.

Origin of Foreign Investors

The main countries of origin of foreign buyers in Alicante are:

• United Kingdom

• The Netherlands

• Belgium

• Germany, also present with a smaller comparative percentage

• Ukraine, France, and others in lesser numbers

Typical Property Size Purchased by Foreigners

It is observed that many foreigners buy properties of more than 100 m² in Alicante, suggesting a preference for spacious homes, often with views, terraces, or in coastal areas.

Evolution Over Time

• In 2021, the percentage of purchases by foreigners in Alicante was around 34%.

• In 2022, it rose to approximately 39%, and in 2023 reached 43–44%.

• In the most recent quarters of 2025, the percentage remains high, at around 43.9%.

Foreign Resident Population

It is not only about investors: the resident foreign population in Alicante is also significant. Approximately 27.6% of the province’s inhabitants are foreigners (INE data as of January 1, 2024).