Residence Permit in Spain: Digital Nomad and Visa for Financially Independent Individuals

Residence Permit in Spain: Digital Nomad and Visa for Financially Independent Individuals

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Show:
Residential complex
Torrevieja, Valencia, Spain
From 304,000 €
Total 250 units available from the developer
Completion in: 2027.I
2 bedrooms from 304,000 €
3 bedrooms from 404,000 €
Residential complex
Finestrat, Valencia, Spain
From 710,000 €
Total 41 units available from the developer
Completion in: 2026.IV
Villas from 710,000 €
Residential complex
Denia, Valencia, Spain
From 318,000 €
Total 280 units available from the developer
Completion in: 2027.I
2 bedrooms from 318,000 €
Residential complex
Torrevieja, Valencia, Spain
From 251,000 €
Total 240 units available from the developer
Built in 2025
1 bedroom from 251,000 €
Residential complex
La Marina, Valencia, Spain
From 246,000 €
Total 64 units available from the developer
Completion in: 2027.I
2 bedrooms from 246,000 €

With balcony/terrace

Torrevieja, Valencia, Spain
276,000 €
Total area 92 m² · 2 bedrooms · 1 bathroom

Elvira Gracheva

Head of Sales Tranio Europe

Residence Permit in Europe for Living, Travelling, and Capital Freedom

We will find the right programme, property, negotiate favourable terms, and support the transaction

Discuss Options

With swimming pool

Torrevieja, Valencia, Spain
398,000 €
Total area 138 m² · 3 bedrooms · 2 bathrooms
Torrevieja, Valencia, Spain
620,000 €
Total area 261 m² · Land area: 239 m² · 3 bedrooms · 3 bathrooms
Residential complex
Finestrat, Valencia, Spain
From 485,000 €
Total 10 units available from the developer
Built in 2026
Villas from 485,000 €

With balcony/terrace

Torrevieja, Valencia, Spain
251,000 €
Total area 86 m² · 1 bedroom · 1 bathroom
Punta Prima, Valencia, Spain
334,000 €
Total area 71 m² · 2 bedrooms
Punta Prima, Valencia, Spain
364,000 €
Total area 87 m² · 3 bedrooms · 2 bathrooms

With balcony/terrace

Finestrat, Valencia, Spain
320,000 €
Total area 68 m² · 2 bedrooms · 2 bathrooms

With balcony/terrace

Finestrat, Valencia, Spain
280,000 €
Total area 66 m² · 2 bedrooms · 2 bathrooms

With balcony/terrace

Finestrat, Valencia, Spain
432,000 €
Total area 90 m² · 2 bedrooms · 2 bathrooms
Alicante, Valencia, Spain
258,000 €
Total area 79 m² · 2 bedrooms · 2 bathrooms

With balcony/terrace

Alicante, Valencia, Spain
235,000 €
Total area 83 m² · 2 bedrooms · 2 bathrooms

With swimming pool

Javea (Xabia), Valencia, Spain
2,150,000 €
Total area 275 m² · Land area: 1,240 m² · 3 bedrooms · 3 bathrooms

With swimming pool

Benidorm, Valencia, Spain
1,650,000 €
Total area 325 m² · Land area: 1,000 m² · 4 bedrooms · 4 bathrooms

With balcony/terrace

Altea, Valencia, Spain
950,000 €
Total area 212 m² · 4 bedrooms · 4 bathrooms

With swimming pool

Altea, Valencia, Spain
2,500,000 €
Total area 450 m² · Land area: 1,000 m² · 4 bedrooms · 4 bathrooms

With balcony/terrace

Altea, Valencia, Spain
595,000 €
Total area 254 m² · 3 bedrooms · 2 bathrooms

With swimming pool

Benidorm, Valencia, Spain
3,250,000 €
Total area 700 m² · Land area: 1,080 m² · 6 bedrooms · 7 bathrooms

With swimming pool

Calpe, Valencia, Spain
2,780,000 €
Total area 670 m² · Land area: 1,850 m² · 5 bedrooms · 7 bathrooms

With swimming pool

Altea, Valencia, Spain
1,700,000 €
Total area 560 m² · Land area: 841 m² · 4 bedrooms · 4 bathrooms
1-25 of 4016 listings, page 1 of 161

Alicante is the eponymous city and province of Spain, located on the sunny seashore. The climate here is warm, without sudden temperature changes. The area surrounded by mountains is not blown by winds, and a light breeze comes from the sea. 320 sunny days, with an average annual temperature of 18 °C.

It is believed that housing in Alicante is much cheaper than in other regions of the country. The province is most beneficial for tourism and for earning money on rent, both daily and on a long-term basis.

The cost of real estate in the province of Alicante

The cost of housing varies depending on the city, district and many other factors. The table shows the minimum prices for different types of housing in the province of Alicante.

Apartments

Houses

Townhouses

Torrevieja

From 70 000 €

From 80 000 €

From 78 000 €

Benidorm

From 80 000 €

From 179 000 €

From 183 000 €

Calpe

From 89 000 €

From 106 000 €

From 179 000 €

Moraira

From 120 000 €

From 170 000 €

From 635 000 €

Denia

From 75 000 €

From 165 000 €

From 159 000 €

Javea

From 112 000 €

From 254 000 €

From 465 000 €

Altea

From 101 000 €

From 200 000 €

From 237 000 €

Villamartin

From 118 000 €

From 139 000 €

From 102 000 €

In addition to the types provided, you can find villas, cottages or chalets that cost up to 12 000 000 €.

The cost of real estate in the city of Alicante

Real estate in the central areas of Alicante starts from 1 966 € per square meter. Outside the center, you can find apartments priced at 1 647 € per square meter.

There are 12 districts in total in the city, but not some of them are worth paying attention to:

Centro is the main area that deserves the buyer's attention. It is here that there is access to the central beach of the city, and the cost of housing starts from 150 000 € per apartment. There are also many historical attractions in the area.

Pla del Bon Repos-La Goleta-San Anton – the cost of housing by the sea is 150 000 € per apartment. On the second line, the cost starts at 110 000 €. If you choose areas further away, in a block building, then the price can be much lower.

Campoamor-Carolinas-Altozanto is an area with typical buildings and affordable housing. You can find apartment options for 60 000 € or 70 000 €. Zones with new buildings are more expensive – from 100 000 €.

San-Blas-Pau is an area near the Centro, with housing from 100 000 €. Urbanized area, with lots of parks and green spaces.

Real estate market prospects

In 2022, real estate agents note the increased interest of investors in real estate in Alicante. The most effective strategy is renting out housing for future rent. The expected profitability is 10%. In the last few years, the demand for rent in Alicante has grown higher than in the whole of Spain. At the moment, 25% of all housing in the province is rented.

Mortgage rates and the total cost of housing are expected to increase in the next few years.

In 2019, according to statistics, 51% of home purchases in Alicante were made by foreigners. The main buyers are citizens of Sweden, Great Britain, Belgium, France and Germany.

Who is buying property in Alicante

Alicante is considered the most Russian-speaking province of Spain, suitable for easy emigration. The main city for Russian tourists is Torrevieja. People often move there for permanent residence, transporting their children there. Since the cities are located on the coast of the sea, renting apartments is also in great demand.

Most often, housing is purchased for summer holidays on the coast. When renting out the purchased housing, the owner can earn from 3% to 7% of the cost of housing per year.

Housing maintenance

With an average cost of housing maintenance, it takes 1.8-2.5 thousand. € per year.

Utilities

The cost of basic utilities is on average 129.94 €, but they can vary greatly, since each city in the province can set its own prices for utilities.

In addition to paying for utilities themselves, you also need to pay for connection to electricity and water supply systems. This is about 60 € per year. The waste on water is small. The gas is calculated according to the formula 0.09 €/kWh. This can become the main point in expenses, since heating in Spain is mainly gas, as well as stoves for cooking. Therefore, many residents use purchased gas cylinders.

The average cost of wired Internet is 30.99 € per month.

Taxes

When buying a house, 10% of taxes are deducted to the royal treasury. When buying a second home from 6% to 10%. The annual tax on real estate ownership is 0.4%-1.1%.

In addition to utilities and taxes, you will have to pay for the services of a management company. The cost is from 200 € to 1000 € per year. If there is a swimming pool or a garden, the services of the management company become more expensive, and can reach up to 2000 €.

When renting out housing, the landlord is obliged to pay 24% tax on income for a rented apartment. Non-residents pay a fortune tax of 0.2% to 2.5%.

Insurance

When applying for a mortgage, banks often request housing insurance, and it costs 350 € per year. Insured events are considered cataclysms, disruptions in the operation of heating systems and water supply systems. Also included in the insurance are cases of vandalism and theft.

Also, owners of private houses use the services of gardeners, pool cleaners, cleaners, etc. This will be a separate item in the embezzlement of housing maintenance.

How much does it cost to live in Alicante

The average cost of living in the province is 2 100 € for a family of 4 people. One person spends 599.58 € excluding rent.

For convenience, below is a list with average prices for the main items of monthly expenses. If desired, you can find cheaper options on promotions and discounts, also during high demand (for example, the holiday season) prices will be higher.

Food

  • The average check in an inexpensive restaurant will come out at 12.90 €, and drinking water in bottles of 0.33 liters is 0.82 €;
  • The most expensive product on the market is cheese and meat. Beef starts from 10.11 € per kg, and cheese from 10 €.

Transport

  • Transport tickets cost an average of 1.45 €, a monthly subscription can be purchased for 30 €;
  • The cost of a taxi is from 4.00 € at the usual rate and 1.22 € for each kilometer, but it may vary depending on the company and traffic congestion. Waiting for a taxi for an hour 21.50 €;
  • Petrol price 1.63 €;
  • Cars in local markets cost an average of 22 000 €.

Child care

  • Monthly kindergarten expense per child – 350 €;
  • Primary school annually – 6 489 €.

Sports and Recreation

  • Monthly subscription to the fitness club for one adult – 32.14 €;
  • Cinema ticket – 7.72 €.

Clothing in chain stores (Levies, Zara, Nike)

  • Jeans – 81.75 €;
  • Summer dress – 25.50 €;
  • Sneakers – 66.88 €.

For people planning to stay in Alicante and work there – the salary of a specialist, after paying all taxes, is about 1 477 € per month.

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Tranio's representative offices
  • Tranio LLC

    Calle del Palangre, 14, 03182 Torrevieja, Alicante, Spain

    +34 932 204 049

  • Tranio LLC

    Frynonos, 33, 11632 Athens, Greece

    +30 211 198-60-27

  • Tranio Germany GmbH

    Schlüterstraße 38, 10629 Berlin, Germany

    +49 302 2957622

  • Tranio Global Real Estate

    Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE

    +971 (4) 610-45-55

  • Tranio Global Real Estate

    Lagoon Plaza, 21/6 Lagoon Rd, Cherngtalay Thalang Choeng Thale, Thalang District, Phuket 83110, Thailand

    +66 97-783-2913

  • Tranio Global Real Estate

    Fulya, Büyükdere Cd. No:76, 34394 Şişli/İstanbul, Turkey

    +44 17 4822 0039

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    67 Jl Bypass Ngurah Rai Br Kerthayasa, Bali, Kuta Badung, 80361

    +62 213 950 47 41

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      Natalya Emelyanenko
      Natalya Emelyanenko,
      Real Estate Expert Tranio Europe
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        FAQ about Alicante
        Can foreigners buy property in Alicante?
        Yes. There are no restrictions on buying property in Spain, whether it's commercial, residential or land. In fact, Spain encourages investment by foreigners, both resident and non-resident. You will require a financial number which can acquire by visiting a police station with your passport.
        How do I buy a property in Alicante?
        The process of buying a property in Spain usually runs as follows. First, the buyer makes an offer, usually through the seller's real estate agent. If this is accepted, then the buyer and seller sign a preliminary contract (contrato privado de compravento) and the buyer pays a deposit, typically 10% of the purchase price. Then the agent helps to organise property check and if there're no burdens or restrictions, a final sales contract is prepared.
        Do I need a Spanish bank account to buy a property in Spain?
        Yes. You will want a bank account in Spain once you have bought your Spanish property. This will enable you to set up direct debits and standing orders to pay for your utilities and bills.
        Can I get a mortgage in Spain?
        Yes. Although to get a mortgage in Spain you need NIE (Número de Identificación de Extranjeros). If you're in Spain, you can start the NIE application process at any local police station. Outside of Spain, the best way to apply for an NIE is to contact your local Spanish consulate.
        What is a Spanish residence permit?
        A long-term residence permit allows you to stay in Spain indefinitely, working or otherwise, under the same conditions as Spanish citizens. You can apply for Spanish nationality after 10 years of residence in Spain.
        How do I get a residence permit in Spain?
        Dedending on type (for students, for investors, etc.) you can obtain Spanish residence permit at Foreigner’s Office in Spain or at Spanish Consulate in your country of residence.
        How long does it take to get residency in Spain?
        The terms are based on the type of the residence (for students, for investors, etc.). Some of them can be obtained in less than one month.
        Can I get residency in Spain if I buy property?
        Yes. If you buy property in Spain you can get a Spanish residency permit, which allows you to live in Europe. The only challenge is the paperwork, and you must invest at least 500,000€.
        How can I get permanent residency in Spain?
        You can get permanent residency in Spain after 5 years of legal residence.
        How long does it take to become a citizen in Spain?
        The standard criteria for citizenship in Spain is 10 years of legal residence. There are reduced terms (1, 2 or 5 years) for residency based on naturalization, origin, option, etc.
        Is investing in Alicante a wise choice?
        Alicante is increasingly recognized as a resilient investment destination within Spain's real estate market. Its stability and potential for profitable returns make it a prime choice for both domestic and international investors. The city's growth in tourism and its vibrant expatriate community further bolster real estate values, making it an appealing option for long-term investments.
        Which areas are considered prime for living in Alicante?
        Alicante boasts several areas that cater to a variety of lifestyles and preferences:
        • Arenales del Sol: Offers a sublime beachfront experience with extensive amenities.
        • Guardamar del Segura: Ideal for those who cherish historical sites alongside natural beauty.
        • La Zenia: A bustling neighborhood great for families and professionals alike, thanks to its comprehensive services and proximity to commercial centers.
        • La Manga del Mar Menor: Known for its stunning views and dual-waterfront access, perfect for aquatic sports enthusiasts.
        What are the most affordable living areas in Alicante?
        For affordability without sacrificing quality of life, consider these areas:
        • San Blas: Offers a balanced suburban lifestyle with good connectivity to Alicante’s urban center.
        • Florida Baja: A quieter, southern suburb known for its lower cost of living.
        • Los Ángeles: Features competitively priced housing options in a community-focused environment.
        • Campoamor and Benalúa: Both neighborhoods provide economical housing choices close to city amenities, suitable for individuals and families looking for value purchases.
        What factors contribute to Alicante's popularity?
        Alicante's appeal is multifaceted, driven by several factors:
        • Cultural Heritage: The historic old town area, with its iconic Santa Bárbara Castle and the bustling Explanada de España, draws cultural enthusiasts.
        • Natural Beauty: The city is renowned for its picturesque beaches and year-round sunny weather, making it a favorite for beachgoers.
        • Dynamic Social Scene: Alicante is vibrant with festivals, culinary delights, and social gatherings, enhancing its desirability as a place to live and visit.
        • Accessible Living: Despite its popularity, Alicante remains more affordable and less crowded compared to other Spanish coastal cities, adding to its allure.
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