The €200,000 New-Build Is Disappearing From the Costa Blanca — Here's What's Actually Left
Of 511 active developments on the Costa Blanca, only 22 still price under €200,000. Half lie at most 4 km from the sea, mostly in the south. Here's where the rest are.
Yes, new-build property under €200,000 still exists on the Costa Blanca — but barely. As of 7 September 2026, of the 511 active new-build developments Legado tracks, only 22 price below that mark, and together they hold 240 unsold homes. Half of them lie at most 4 km from the sea, mostly in the south: Torrevieja, San Pedro del Pinatar and Guardamar. The other half are small inland towns, from Bigastro to Hondón de las Nieves, 7–29 km from the beach.
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
Half on the coast, half inland
Look at where those 22 developments actually are, and the picture sharpens. Eleven lie at most 4 km from the sea, and eight of those at most a kilometre: five in Torrevieja — the largest single cluster — two in San Pedro del Pinatar and one in Guardamar. The other eleven are inland, 7–29 km from the beach: San Fulgencio, Algorfa, Catral, Relleu, Jacarilla, Bigastro, Benejúzar, Hondón de las Nieves, Redován. Small towns with no beach of their own.
North of Guardamar, the coastal exceptions can be counted on one hand. One development in Calpe, 3 km from the sea — but delivered back in 2023; it's finished stock from the last batch, not something being built today. One in Xeresa, 3 km from the sea, also finished since 2023. One in Finestrat, 4 km from the sea — but delivery isn't until 2028. On the northern coast, that's all there is.
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 that, at this budget, the coast today is in practice its southern tip: Torrevieja, San Pedro del Pinatar and Guardamar. Further north there are only three developments left: two finished since 2023 and one due for delivery in 2028. Beyond the coast, a realistic search covers towns most buyers have never heard of, 7–29 km from the sea.
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 it's now a rarity. As of 7 September 2026, of the 511 active new-build developments Legado tracks, only 22 price below €200,000, holding 240 unsold homes between them. Half of these lie at most 4 km from the sea, most of them at the southern end of the coast.
Where are the cheapest new-build developments on the Costa Blanca?
Half and half: 11 lie at most 4 km from the sea, 11 are inland. Torrevieja holds the largest share, with five of these 22 developments; together with San Pedro del Pinatar and Guardamar, that makes eight developments at most a kilometre from the sea. The other half is spread across smaller inland towns such as Hondón de las Nieves, San Fulgencio, Bigastro and Catral, 7–29 km from the beach.
Can I still buy new-build under €200,000 right on the coast?
Yes, but only in the south. Eight developments lie at most a kilometre from the sea: five in Torrevieja, two in San Pedro del Pinatar and one in Guardamar del Segura. Further north there are only three, 3–4 km from the sea: in Calpe and in Xeresa (both finished since 2023) and in Finestrat (delivery in 2028).
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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