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The figures side by side

MeasureNovelda
Price per m²—
Change in a year—
Change in five years—
Affordability
Payment, two incomes12%
Payment, one income24%
Buy or rent
Rent per month€426
Owning per month€323
New homes
Licensed, 12 months11,334
Foreign buyers
Bought by buyers abroad, 12 months33.1%
Past cycles
Deepest fall−53.1%
Recovery from the lowNot yet
Empty homes
Empty, 2021 census10.1%
Empty homes1,390

Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.

Every report

Affordability

  • Novelda

    At the average appraised value, a 90 m² home costs €91,386. With 10% down and a 30-year mortgage, the payment is €349 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

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Buy or rent

  • Novelda

    Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.

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New homes

  • Novelda

    Figures for Alicante/Alacant province: Novelda has no reliable figures of its own.

    80.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

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Foreign buyers

  • Novelda

    Figures for Alicante/Alacant province: Novelda has no reliable figures of its own.

    Buyers living abroad bought 33.1% of the homes sold here in the four quarters to Q2 2026.

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Past cycles

  • Novelda

    Appraised values have fallen by 3% or more 2 times since 2005. The deepest began in Q1 2008.

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Empty homes

  • Novelda

    10.1% of the 13,780 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

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