Owning real estate in Altea, Spain comes with plenty of benefits. These include the peaceful Costa Blanca living, a vibrant culture, low living costs, and a profitable market.
Altea is a former fishing village. But since the pandemic, more and more people started to wish for a natural living space. Altea provides this dream lifestyle, so it features a population increase. Today, the town is home to around 24.000 people.
But the advantages of property investment in Altea, Spain are more than its nature. There are plenty of reasons for its growth. So let’s dive in!
Luxurious Sun-Kissed Lifestyle of Altea
Altea is a peaceful town in the Alicante region on the Costa Blanca. This allows the town to mix its natural atmosphere with comfortable living.
A 2 km long coastline and beautiful hills surround Altea. As a Mediterranean paradise, its pleasant climate has 300 sunny days. This allows lots of sunbathing and swimming.
There are plenty of things to do here, and it’s not a surprise! Such a setting creates a friendly atmosphere. Once you arrive, smiley faces welcome you here in a heartbeat.
Must-try things to do in Altea Spain
Daily life in Altea is always colorful and joyful. It has all the outdoor activities to satisfy nature lovers and adventurous souls.
The locals like to pursue artistic inspiration. There are art galleries, museums, and cultural events. Apart from these, some of the most popular activities are:
- Swimming on Altea beaches like Playa la Roda and Nueva Playa de Altea
- Trying out water sports
- Golfing
- Joining the festivals
- Hiking in Hierra Helada Natural Park
Gastronomic Delights in Altea
If you like Spanish cuisine, happy news! Seafood, rice, and vegetables have an important role in Altea’s cuisine. The food will please your tastebuds.
During your stay, make sure you try out all the dishes you can. A tip: the best restaurants in Altea, Spain are on the coastline. They allow you to enjoy your dinner with gorgeous sunset views.
Tourist Attractions in Altea
For wanderlust spirits, Altea is an attractive living space. For a weekend getaway, there are lots of places to visit. For example, the town is a short distance from Valencia and Alicante cities.
Altea Old Town is the most important tourist attraction here. The old town is on a hillside and its streets meet the sea. As you walk through its cobblestone streets, you will feel the well-kept authentic local vibe. There are restaurants and souvenir shops here.
Altea’s Booming Real Estate Market
The attractive governmental policies in Spain lead the real estate market to a curve. The popularity in the Altea real estate market owes a lot to the introduction of the Golden Visa in 2013, and the Digital Nomad Visa in the post-pandemic period.
Apart from a comfortable living space, Altea is a popular tourist destination. Thanks to this, there is a big demand for holiday homes and the town has a high rental yield. Currently, an apartment for rent costs around €10/m².
As a result, demand to invest in Altea featured a significant increase. Here is the data:
- Between January 2019 and December 2023, the average property price per square meter increased from €1.585 to €2.008.
- In the last year, the property value gain has been 4.53% while it has been 28.68% in the last 2 years.
- The average amortization period in Altea is 14 years, which is higher than in similar spots.
Own a Piece of Paradise: Altea’s Luxury Homes & Charming Apartments
Altea’s outlook is mainly about white-washed traditional houses. They preserve the town’s lively and peaceful atmosphere and the local soul. If you wish for a sea-view villa in Altea, you are lucky: there is a rich selection.
But places to stay in Altea are more than villas. If you prefer modern properties for sale in Altea, there are options for you. A Tekce-branded apartment project, Viva Altea, offers the peaceful and contemporary living you want.
The project has 1 and 2-bedroom apartments, each with a reserved parking unit. Also, there are 2 commercial parts to meet your needs
The project has an ideal location on the second line from the beach. There are all kinds of amenities nearby. These include restaurants, an international school, a zoo, aqua park.
A peaceful lifestyle is very important, but Viva Altea provides more than that! The neighborhood receives a high demand for short-term rentals. This way, you can have a wonderful holiday home, living space, and a secure investment. Interested? See the project details!
Navigating Real Estate Investment in Altea
Altea is the perfect escape from a big-city hustle. Here, you can achieve your dream life and have financial security. See the numbers, and you will see the opportunities the town has to offer.
Tekce Exclusive provides comprehensive services to secure your investment plan and dream life. These include legal guidance, support, and contemporary services like Teleproperty ® for remote presentation.
Tekce Exclusive Projects feature access to amenities and comfortable living. To this mix, Viva Altea adds an attractive investment opportunity and luxe designs. For more information and questions, you can contact the team anytime!
