Affordable homes near Alicante: Callosa de Segura offers properties From €34,000

by Lorraine Williamson
affordable property Alicante

The housing market in Alicante is becoming increasingly challenging for those seeking affordable options. As property prices across Spain continue to rise, many coastal areas are now out of reach for first-time buyers and families.

However, just 20 kilometres inland from the beaches of Guardamar del Segura lies Callosa de Segura, a small town where housing remains affordable.

A rising property market in Alicante

Alicante has long been a hotspot for international buyers, drawn by its sunny climate, stunning beaches, and vibrant culture. However, this popularity has come at a cost. By December 2024, the average price per square metre had climbed to €2,364 – a 15% increase in just one year.

For many locals, particularly young people and families, these rising costs have made home ownership increasingly difficult. Yet, pockets of affordability remain in lesser-known areas, offering hope for those priced out of the coastal market.

Callosa de Segura: Affordable properties within reach

Callosa de Segura stands out as a rare gem in Alicante’s competitive property market. With an average price of €617 per square metre, homes here cost less than half the regional average. This makes the town an attractive option for buyers seeking proximity to the coast without the premium price tag.

Property prices in Callosa de Segura start at under €50,000, although many of the lower-priced homes require renovation. One notable example is an 85m² three-bedroom flat priced at €34,000. Situated on the third floor of a building with no lift, this property is ideal for buyers willing to invest in upgrades.

A quieter lifestyle with key amenities

Unlike the bustling tourist hubs along the coast, Callosa de Segura offers a peaceful environment, making it ideal for those seeking tranquillity. Despite its rural feel, the town is well-equipped with essential services, shops, and schools.

Callosa’s charm extends beyond affordability. The town boasts a rich history, with Roman-era monuments and archaeological sites. Its natural surroundings, including mountains and hiking trails, offer plenty of outdoor activities for nature lovers.

A blend of tradition and proximity to the coast

Callosa de Segura’s agricultural heritage is still visible today, with citrus groves forming a key part of the local economy. Residents enjoy the town’s relaxed pace while being just a short drive from the beaches of Guardamar and other coastal destinations.

The area’s combination of affordability, cultural richness, and natural beauty makes it a unique proposition for buyers seeking both value and lifestyle.

Other affordable areas in Alicante

For those exploring alternative options, several other towns in Alicante also offer relatively low property prices:

  • Rafal: €662 per m² (-13% in the past year)
  • Villena: €692 per m² (+4.1%)
  • Biar: €703 per m² (-3.4%)
  • Monóvar: €711 per m² (+0.1%)

An opportunity for investors

Callosa de Segura is not just for homebuyers; it is also attracting attention from property investors. Currently, 157 properties are listed for sale, ranging from compact apartments to spacious villas. The priciest listing, a seven-bedroom villa of over 500m², is valued at €650,000 – still affordable compared to similar properties in coastal areas.

For those willing to undertake renovations, Callosa de Segura offers strong investment potential. Its location, close to Alicante’s amenities and beaches, enhances its appeal.

A hidden gem in Alicante

Whether you’re seeking your first home, a holiday property, or an investment opportunity, Callosa de Segura is worth considering. Affordable housing, a peaceful setting, and proximity to the coast make this town a standout choice in Alicante’s competitive property market.

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