Alicante-Elche airport, known as El Altet, has reached record figures this summer 2024, consolidating its position as one of the most important airports in Spain.
In August, it recorded almost two million passengers, an increase of 15.3% compared to the previous year. These results reflect not only the booming tourism in the region, but also the growing interest in the Costa Blanca as a real estate investment destination.
For foreigners looking for a secure investment, buying a new property on the Costa Blanca has become a very attractive option.
The region, known for its sunny climate, paradisiacal beaches and exceptional quality of life, attracts both tourists and investors looking to establish a second home or generate passive income through holiday rentals.
Growth of tourism on the Costa Blanca and its impact on the real estate sector
The increase in traffic at Alicante-Elche airport is linked to the attractiveness of the Costa Blanca as a tourist destination, but it is also a key indicator of the interest that foreigners, especially from countries such as the UK, Germany and the Netherlands, are showing in buying property in this area.
This influence in August 2024 was predominant, with more than 1.6 million passengers coming from outside Spain.
The boom in tourism is bringing with it increased interest in the Costa Blanca property market, especially in the new build segment.
This is due to several factors: the stability of the market, the long-term profitability and the possibility of earning income through tourist or seasonal rentals.
In areas such as Torrevieja, Benidorm, and Orihuela Costa, the demand for housing has grown considerably, with an increase in new construction projects aimed mainly at international buyers.
The purchase of new buildings as a profitable investment
Investing in new build property on the Costa Blanca has established itself as a smart decision for those looking to diversify their assets or simply enjoy a second home in one of the most desirable regions of the Mediterranean.
One of the main benefits of buying new is the quality of the buildings and the modern design, with a focus on energy efficiency and comfort.
For foreigners, buying a new property also offers tax advantages and the possibility of obtaining residency in Spain, which adds value to this investment. New properties tend to have fewer structural problems and unforeseen expenses, which minimises the risks associated with buying property.
In addition, the high demand for rentals on the Costa Blanca ensures a steady profitability, especially in the summer months when holidaymakers are looking for holiday homes.
Key investment areas on the Costa Blanca
Alicante-Elche airport is the main gateway for tourists and foreign buyers, providing access to the main areas of real estate interest on the Costa Blanca. Some of the most popular areas for new property purchases are:
Alicante and surroundings
The city of Alicante offers a combination of history, culture and services, making it an excellent choice for both living and investment.
Benidorm
Although known for being a vibrant tourist destination, Benidorm also has a solid supply of new developments, with sea views and proximity to high quality services.
Orihuela Costa and Torrevieja
These areas attract international buyers, especially from Northern Europe, for their excellent infrastructure, beaches and quality of life.
Altea and Calpe
For those looking for a more exclusive and peaceful option, these locations offer a luxurious and peaceful environment, without losing the proximity to services.
Future projections
With Alicante-Elche airport registering record figures, the projections for the Costa Blanca property market are very positive.
Interest in new home purchases is expected to continue to rise, driven by tourism and the region's attractiveness as a safe haven for real estate investments.
In addition, with new infrastructure developments, such as improved air links and an increase in the supply of international flights, accessibility to the region will continue to be a key factor for foreign buyers.
In summary, the growth of Alicante-Elche airport reflects an economic and tourism boom on the Costa Blanca, which in turn benefits the property market. For foreigners looking for a secure investment, buying new property on the Costa Blanca is an opportunity with great short and long term benefits, backed by sustained rental demand and a steady increase in tourist arrivals.
Source: Alicante Plaza (AlicantePlaza).
