Buying a house/villa or apartment in Alicante province?

Buying a property in Alicante province can be a good investment for several reasons. First and foremost, it is a popular destination for both tourists and permanent residents, which means that there is always a demand for housing here. In addition, property prices are still relatively affordable compared to many other parts of Spain and Europe, giving potential for increased value in the long term.

Alicante province is located on the south-east coast of Spain and covers an area of around 5,800 square kilometres. There are several exciting cities in the area, including Alicante, Elche, Torrevija, Santa Pola , Benidorm and Denia. There are also many exciting small towns along the entire Costa Blanca coast. Alicante province stretches from Denia in the north to Murcia in the south. The Costa Blanca coast is 200 km long, and here are some of the popular beaches on the Costa Blanca. It is often the climate, temperature and number of sunny daysthat draw people to Alicante province either as tourists or as more permanent residents.

Alicante is the capital of the province and one of the largest cities in the region of Valencia. It has a long history and there are many historical buildings and monuments to explore, including the Castle of Santa Bárbara and the Basilica of Santa Maria. Alicante is also known for its beautiful harbor and beaches, and is a popular place for yachting and sailing. Alicante is full of fantastic restaurants. We have created a post that tells about 10 of the best restaurants in Alicante.

Elche is another large city in Alicante province. It is famous for its palm plantation, which is listed as a UNESCO World Heritage Site. The city also has an impressive cathedral and a botanical garden.

Torrevieja is a smaller coastal town that has become popular with both tourists and permanent residents. It has beautiful beaches and a selection of restaurants and shops. Benidorm is another popular seaside town known for its lively nightlife and tall skyscrapers.

Alicante province is also known for its proximity to the beaches of the Costa Blanca, which has over 200 kilometers of coastline. This makes it a popular destination for those who want to sunbathe, swim and enjoy water activities.

Alicante province is among the sunniest places in Europe, with over 300 sunny days a year. This makes it a perfect place for those who want to enjoy the warmth and sun all year round, although January and February are probably more unstable.

The food culture of Alicante province is diverse and tasty. There are many local specialties to try, including paella, fresh seafood and local cheeses. The area is also known for its production of wine and olive oil.

What many forget about the Alicante province is that the area also has fantastic hiking areas in the Costa Blanca mountains. So hikers have enormous opportunities to explore nature in the mountains.

It is certainly possible to get loans in Spanish banks to buy property in Alicante province. Most Spanish banks will require an equity of 30-35% of the purchase price, depending on the property's value and your financial situation. If you are Norwegian but resident in Spain, 20% equity is enough. It is important to research different banks and loan terms before making a decision to buy a property. But the banks in Spain are used to lending money to people outside Spain for homes and properties. 

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