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Buy Property in Altea, Spain | Luxury Villas & Homes 2025

Guide to buying property in Altea, Spain. Explore neighborhoods, prices, lifestyle, and villas in Costa Blanca's artistic gem.

Buy Property in Altea, Spain | Luxury Villas & Homes 2025

Why Altea is Costa Blanca's Most Desirable Address

Perched on a hillside overlooking the Mediterranean, Altea has earned its reputation as the artistic heart of Costa Blanca. With its iconic blue-domed church, whitewashed old town, and thriving international community, this charming town offers a unique blend of traditional Spanish character and cosmopolitan sophistication that sets it apart from neighboring resort destinations.

For property buyers seeking more than just a holiday home, Altea delivers an authentic Mediterranean lifestyle combined with strong investment fundamentals. The town's protected old quarter, world-class dining scene, and proximity to both Alicante and Valencia airports make it particularly attractive to discerning buyers from across Europe.

Altea's Prime Neighborhoods

Altea la Vella (Old Town)

The historic heart of Altea features narrow cobblestone streets, traditional townhouses, and that famous church dome visible from miles around. Properties here range from renovated village houses to boutique apartments, typically priced between €200,000 and €600,000. The old town offers walkable access to restaurants, galleries, and the seafront promenade.

Altea Hills

This prestigious gated community represents the pinnacle of Costa Blanca luxury living. Set in the hills above the town, Altea Hills offers 24-hour security, a private beach club, tennis courts, and stunning panoramic views. Villas here command prices from €1.5 million to €4 million, attracting an international clientele seeking privacy and exclusivity. Our featured Villa AH130 at €2,450,000 exemplifies the quality available, featuring a 12kW solar system, spa facilities, and uninterrupted sea views.

Sierra Altea

For buyers seeking space and tranquility, the Sierra Altea foothills offer larger plots with mountain and sea views at more accessible price points. Properties like Villa Altea Alex 840 at €840,000 showcase what's possible: a 412m² villa on 1,300m² of land with saltwater pool and views of both the Mediterranean and Sierra Bernia mountains.

Mascarat

This coastal area between Altea and Calpe offers beachfront apartments and villas with direct sea access. The marina provides mooring facilities, and the dramatic cliff scenery attracts buyers seeking a more active coastal lifestyle.

Property Prices in Altea 2025

The Altea property market has shown consistent growth, with average prices reaching €3,200/m² for quality properties. Here's what buyers can expect across different segments:

Apartments in central Altea typically range from €150,000 to €400,000, depending on size, condition, and views. Renovated townhouses in the old quarter command €300,000 to €700,000. Modern villas with sea views start around €600,000, while premium properties in Altea Hills and similar locations range from €1.5 million to €4 million.

Year-on-year price appreciation has averaged 5.8% in the premium segment, supported by limited supply and sustained international demand.

The Altea Lifestyle

Gastronomy and Culture

Altea punches well above its weight in culinary terms. The town hosts numerous quality restaurants, from traditional Spanish tapas bars to international fine dining. The weekly market, art galleries, and regular cultural events create a vibrant social calendar that attracts creative professionals and retirees alike.

Beaches and Recreation

While Altea's beaches feature the characteristic Costa Blanca pebbles rather than sand, they're clean, well-maintained, and less crowded than neighboring resorts. Water sports, hiking in the Sierra Bernia, and golf at nearby courses provide year-round recreational options.

Healthcare and Services

The town offers excellent healthcare facilities, including the Marina Baixa Hospital and numerous private clinics with English-speaking staff. International schools in the broader Costa Blanca region cater to expatriate families.

Investment Potential

Altea's property market offers compelling investment characteristics. Rental yields for quality villas range from 5% to 7% annually, with strong demand during the extended Mediterranean season from April through October. The town's year-round international community also supports long-term rental opportunities.

Capital appreciation has been consistent, driven by Altea's protected status, limited new development, and enduring appeal to quality-focused buyers. Properties with sea views and modern amenities command premium prices and tend to hold value well during market fluctuations.

Featured Altea Properties

Villa AH130 - €2,450,000

This exceptional villa in Altea Hills combines classical Mediterranean architecture with cutting-edge sustainability. The 650m² property features 4 en-suite bedrooms, a 12kW Growatt solar system with battery storage, spa, sauna, gym, and wine cellar. South-facing terraces ensure all-day sun, while the gated community provides security and exclusivity.

Villa Altea Alex 840 - €840,000

Positioned in the tranquil foothills with views of both sea and mountains, this 412m² villa offers exceptional value. Three en-suite bedrooms, saltwater pool, underfloor heating, and German Rehau windows with impact-resistant glass. The 1,300m² plot provides privacy and space for outdoor living.

FAQ

What is the average property price in Altea?

Average prices in Altea reach approximately €3,200/m² for quality properties. Apartments start around €150,000, while luxury villas range from €800,000 to €4 million depending on location and specifications.

Is Altea a good investment location?

Yes, Altea offers strong investment fundamentals including 5-7% rental yields, consistent 5.8% annual appreciation in the premium segment, and limited new supply protecting values.

What are the best neighborhoods in Altea for luxury properties?

Altea Hills offers the highest-end properties with 24-hour security and sea views. Sierra Altea provides larger plots with mountain views at more accessible prices.

How far is Altea from Alicante Airport?

Altea is approximately 60km from Alicante-Elche Airport, around 45 minutes by car via the AP-7 motorway.

Can foreigners buy property in Altea?

Yes, there are no restrictions on foreign property ownership in Spain. EU and non-EU citizens can purchase freely, though the process requires an NIE (tax identification number).

Ready to explore Altea's finest properties? Contact Casa Rica Estate for expert guidance on finding your perfect Mediterranean home.