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2282 sqft
Real estate in Elche
Valencia, a region on the eastern coast of Spain, draws in numerous international property-buyers and investors. Elche is a city that should not be overlooked if you’re in the hunt for your ideal residence or an apartment on sale in an idyllic location flaunting plentiful palm trees. This stunning city in the province of Alicante, with its extensive palm groves and distinctive heritage sites, has earned itself the moniker “The City of Palms” due to its exceptional landscape and architecture. Before you make contact with a local real estate specialist, familiarise yourself with the local market conditions, the types of properties available for sale in Elche, and the costs associated with acquiring a vacation home in this distinct location. This way, you will be well-prepared and knowledgeable about what to expect when you are ready to make your move in the Elche real estate scene. Don't miss the chance to own a piece of this tranquil city that effortlessly blends modernity with tradition.
Elche properties: Market trends overview
The real estate market in Elche, Valencia, has for the past years experienced consistent price appreciation. This positive growth trend has garnered attention from domestic and international investors alike, chiefly from Scandinavian nations, the UK, Germany, and the United States. The town of Elche's strategic location nestled between the hustle and bustle of Alicante and the sandy beaches of Costa Blanca offers a balanced lifestyle: the tranquil serenity of the Mediterranean juxtaposed with an effervescent nightlife, courtesy of the numerous entertainment hubs and golf courses, and seamless access to the vivacious Alicante. In Elche, societal heritage and modern living co-exist harmoniously, contributing to its overall high living standards. Over the years, authorities in Elche have consistently channelled resources into urban development, facilitating a broad spectrum of real estate choices for local residents and overseas buyers. From ultra-modern apartments and townhouses to stylish villas, traditional Spanish country houses, and luxurious penthouses, Elche promises a rich variety to cater to different budgetary requirements and lifestyle preferences. The ease of finding properties for sale in Elche, Spain, combined with its hallmark palm groves and the charm of white-washed buildings, make this Mediterranean oasis an inviting proposition for foreign buyers.
Average price of a property for sale in Elche
What would be the expected price range for properties in Elche, Valencia? The answer is not definitive due to several influencing factors, including the type of property, closeness to the historical city center and coastline, amenities available, and individual preferences (upscale features, size, ease of access, etc.). Recent data indicates that the peak asking price for properties for sale in Elche was €2,453 per square meter. The most costly properties can be located in the Elche City-Campo area. The least expensive areas, with an average price per square meter of €1,805, can be found in the La Hoya-Las Bayas area. The current average asking price for a house stands at approximately €521,783. Therefore, when looking for a property in Elche, Valencia, it is important to keep in mind these price variations based on location and property type.
Types of properties can you find in Elche
In Elche, Valencia, Spain, the property landscape is marked by a variety of options including modern apartments, luxury rooftop penthouses, premium sea-facing villas, and charming traditional Spanish farmhouses. Many of the desirable properties are nestled within secured residential estates. Frequently, 3-4 bedroom apartments with expansive balconies are available, as well as two-story homes with separate entrances on each level, spacious terraces, and their own kitchens. For those seeking a luxurious lifestyle, there are newly-built villas situated in prime locations of Elche, offering breathtaking views of the sea. With convenient access to the beach and encapsulating the essence of Spanish living, these properties provide an exemplary residential experience.