New build property prices in Gran Alacant, Alicante vary depending on size, type, and proximity to the coast. Across the 2 developments we track in the area, the average asking price is EUR 380,000. Entry-level properties start from EUR 350,000, while premium homes can reach EUR 410,000.
In terms of price per square metre, Gran Alacant, Alicante averages EUR 5,471/m2. The typical new build here offers 3 bedrooms and 70 square metres of built area. Available property types include Townhouse, Bungalow, giving buyers a range of options from compact apartments to larger family homes or luxury villas.
Beyond the purchase price, buyers should budget for approximately ten to thirteen percent in additional costs. These include transfer tax or VAT at ten percent for new builds, notary and registry fees around one to two percent, and legal fees of roughly one percent. Annual running costs in Gran Alacant, Alicante typically include IBI property tax, community fees, and building insurance. Properties in Gran Alacant, Alicante benefit from being within the Costa Blanca South, which supports strong resale values and rental demand from the established tourist market.
The top-scoring development currently available is 3 BEDROOM BUNGALOWS IN EXCLUSIVE RESIDENTIAL IN GRAN ALACANT!, which offers the best combination of value and quality based on our scoring algorithm. With an average gross rental yield of 5.9% across the area, many buyers find that rental income can offset a significant portion of annual ownership costs. For the most current pricing, we update our database weekly with the latest figures from developers and agents across the region.