The €200,000 New-Build Is Disappearing From the Costa Blanca — Here's What's Actually Left
Only 22 of 511 active new-build developments on the Costa Blanca still price under €200,000, and 5 of them are on the coast. Here's where the rest went.
Yes, new-build property under €200,000 still exists on the Costa Blanca — but barely. Of the 511 active new-build developments Legado tracks today, only 22 price below that mark, and together they hold 240 unsold homes. Almost none of them are near the sea: they're scattered across small towns inland, from Bigastro to Hondón de las Nieves, while the coast itself has almost nothing left at that price.
The number: 22 out of 511
22 developments. Out of 511 active on the Costa Blanca right now. That's 4.3% of everything for sale — the entire entry-level segment of new-build property, in one figure.
Between them, those 22 developments hold 240 homes still unsold. Spread across a coastline and hinterland covering more than a hundred municipalities, that isn't a market segment anymore. It's a shortage.
- 22 of 511 active new-build developments price under €200,000 (4.3%)
- 240 homes still available across all of them combined
- €465,000 — the median asking price across the whole Costa Blanca new-build market today
- €832,618 — the average, pulled up by the coast's premium developments
Almost none of it is on the coast
Look at where those 22 developments actually are, and the picture sharpens. Torrevieja holds five of them — the largest single cluster, and still coastal. Everything else is inland: Hondón de las Nieves, San Pedro del Pinatar, Bigastro, Jacarilla, Redován, Relleu, San Fulgencio, Algorfa, Xeresa, Benejúzar, Catral. Small towns, most without a beach, some over half an hour from one.
On the coast itself, the exceptions are almost accidental. A single development in Calpe under €200,000 — but it was delivered back in 2023; it's finished stock, not something being built today. A single one in Finestrat — but delivery isn't until 2028. Guardamar has exactly one. That's the entire coastal entry-level market, town by town.
Why the floor keeps rising
This isn't happening in isolation. According to the Q2 2026 report from the Colegio de Registradores (published August 2026), Alicante is now Spain's number one province for foreign buyers — 46.43% of all transactions — and the average new-build price hit a record €2,487/m², up 16.7% year-on-year. We covered the full picture in last week's report.
Developers price to that demand, not to a first-time buyer's ceiling. Every phase that sells out gets replaced by a phase priced higher — the pattern behind a decade of uninterrupted price growth on the Costa Blanca. The €200,000 segment isn't being protected from that; it's being squeezed by it, from both sides — rising land and build costs push new developments up, while what's already built under that line keeps selling and isn't being replaced.
Ready for step one?
Prices are set by the developer and rise as construction progresses — today's price is the lowest.
What this means if €200,000 is your ceiling
It means the coast, as a first-purchase budget, is close to off the table for new-build. Not impossible — Torrevieja still has real options — but the realistic search now includes towns most buyers have never looked at, twenty or thirty minutes inland.
It also means comparing against resale, not just new-build: at this budget the two markets behave differently, and the trade-offs are worth understanding before you rule either one out. And it means moving early within whatever shortlist you build — every one of these 22 developments is a finite number of homes, not an open-ended supply.
How Legado helps
We don't set these prices, and we don't pretend we can talk a developer down from one — that's not how new-build in Spain works. What we do is represent you in it: filter the 22 that actually fit what you need, tell you honestly which ones are worth the drive inland and which aren't, and negotiate the parts of the deal that are negotiable — payment schedule, extras, timing — on your behalf.
If a €200,000 budget is where you're starting from, here's what to budget beyond the price itself, and here's what a non-resident mortgage actually requires if you're financing part of it.
Frequently asked questions
Is there still new-build property under €200,000 on the Costa Blanca?
Yes, but barely. Only 22 of the 511 active new-build developments Legado tracks today price below €200,000, holding 240 unsold homes between them. Almost none of those 22 are on the coast.
Where are the cheapest new-build developments on the Costa Blanca?
Mostly inland. Torrevieja is the only coastal town with a real cluster, holding five of the 22. The rest are scattered through small inland towns such as Hondón de las Nieves, San Fulgencio, Bigastro and Catral.
Can I still buy new-build under €200,000 right on the coast?
Only in a handful of exceptions. Calpe has one, but it is finished stock delivered back in 2023. Finestrat has one, not delivered until 2028. Guardamar has exactly one. Together with Torrevieja, that is the entire coastal entry-level market.
Why is entry-level new-build disappearing on the Costa Blanca?
Demand keeps pushing prices up. Alicante is now Spain's top province for foreign buyers, taking 46.43% of transactions in Q2 2026, and developers price each new phase to that demand rather than to a first-time buyer's budget.
What is the median price of new-build property on the Costa Blanca today?
€465,000 is the median asking price across the whole active new-build market. The average is higher, €832,618, pulled up by the coast's premium developments.
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