A street in Altea, Spain, Europe

New-build market report

Altea

An independent, data-driven snapshot of the new-build market in Altea (Costa Blanca). Based on veritySpain analysis of 9 tracked projects. No sales brochures.

9

Projects

€1,395,000

From

7.1/10

Avg. score

€4,851/m²

Price per m²

In short

  • ·Altea scores 7.1/10 of 9 projects, €1,395,000€3,450,000.
  • ·Segment: Mid-market · 1× golf · 1× marina.
  • ·Sunshine hours/year: 3,781 · Avg. temperature 18.4°C.

Who this market suits

Altea has 9 analysed developments from €1,395,000; new-build here is priced around 20% above the provincial average. Prices have risen 318% since 1995 and the population grew 10% over the past decade. Suits holiday letting, families and golfers. Less suitable for anyone who needs medical care within walking distance and buyers seeking a quiet, largely Spanish neighbourhood.

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