Alicante topped Spain's ranking of home purchases by foreign buyers in the second quarter of 2026, with 46.43% of all transactions —against a national average of 15.98%—, according to Legado Inmobiliaria's analysis of data from the Association of Registrars, the Ministry of Housing, the Notaries and the Bank of Spain. The figure confirms the Costa Blanca as the country's leading residential market for international buyers, with demand still growing despite more expensive financing.
Foreign demand (registry base)
Alicante was Spain's top province for purchases by foreign buyers in Q2 2026, at 46.43% of all transactions: 1.78 points more than the previous quarter and almost triple the national average (15.98%). Source: Property Registry Statistics, Association of Registrars.
Non-residents (Legado International Purchase Index)
The Legado International Purchase Index —the share of non-resident buyers over all provincial transactions, based on notarial data from the Ministry of Housing— reached 33.1% in the first quarter of 2026, up from 31.2% at the close of 2025.
New-build prices
New-build prices in Alicante rose 10.7% year on year, to €2,780/m² (registry base). The Legado New-Build Premium —the price gap of new-build homes over resale, based on real notarial prices— stood at +66.5% over the twelve months to May 2026.
Supply and shortage
Alicante is one of the six provinces —alongside Madrid, Barcelona, València, Murcia and Málaga— that concentrate 52.5% of Spain's accumulated housing deficit, estimated by the Bank of Spain at around 750,000 units between 2021 and 2025.
Demand for housing from non-resident buyers has decoupled from the interest-rate cycle: it keeps growing despite more expensive financing and places Alicante at the top of the national rankings, both in foreign purchases and in purchases by non-residents. With new-build supply still tight, the province combines record international demand with a structural housing shortage.
Methodology
The analysis combines four official sources, each with its own base and period: the Property Registry Statistics of the Association of Registrars (second quarter of 2026, registry base); the property transactions statistics of the Ministry of Housing and Urban Agenda by buyer residence (first quarter of 2026, notarial base); the Notaries' Statistical Portal (real new-build and resale prices, twelve months to May 2026); and the Bank of Spain's 2025 Annual Report. The registry and notarial bases count different moments of the transaction and are not additive; each figure is attributed to its source and period. All figures come from official sources; none is estimated. Prepared by Pedro Torres Martínez, agent registered with the RAICV under no. 6440.