News: Alicante takes top spot for Spanish property buyers

Thu, 03 May 07

Alicante has become the most popular region for foreigners to buy property in Spain, new figures reveal...

According to the statistics from the Provincial Association of Real Estate Promoters, Alicante has overtaken Malaga as the area to see most demand from overseas investors.

The study shows that buyers from foreign countries have purchased 20 per cent of Spanish property available across the country.

In Alicante, there are currently 320,000 foreigners registered – equating to 19 per cent of the total population, typicallyspanish.com reports.

Alicante is one of the most well-known areas on Spain’s Costa Blanca and often attracts people wishing to visit the magnificent Mediterranean coastline.

The town also offers a number of sightseeing attractions, such as historical cathedrals and churches and a picturesque harbour area.

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