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Buying a house in Xàbia requires 69% of household income: the most expensive coastal town on mainland Spain

Housing in Xàbia now costs €3,455 per square metre, 22.8% more than a year ago and 40% above the peaks of the property bubble. An average household would need to spend 69% of its available income paying the mortgage, the highest burden on the entire mainland coast.

La Marina Times newsroom
Friday 2 October 2026, 11:52 · 3 min read
Buying a house in Xàbia requires 69% of household income: the most expensive coastal town on mainland Spain
Wikimedia Commons (dominio público)

The figure: €3,455 per square metre

Xàbia tops the rankings once again as the most expensive coastal town in the Valencian Community. According to the Housing on the Coast 2026 report by valuers Tinsa by Accumin, published in August with data from the first quarter of the year, the average value of housing in the town stands at €3,455 per square metre, after rising 22.8% in just twelve months.

The rest of the podium is also in Marina Alta. Teulada-Moraira is in second place, with €3,292 per square metre, followed by Dénia, with €2,837 and a rise of 21.3%, and Calp, with €2,830 and an increase of 20.4%.

69% of income to pay the mortgage

This year, the report introduces a new indicator: the purchase effort, which measures what portion of the available income of an average household would need to go towards paying the first year of the mortgage. It is considered reasonable for this not to exceed 35%.

In Xàbia, that effort reaches 69%, the highest on the entire mainland coast. It is followed by Teulada, at 64%, Calp, at 60%, and Dénia, at 55%. For comparison: across all coastal towns analysed, the average effort is 40%, and across Spain as a whole, 34%.

Translated to a specific property, at €3,455 per square metre a 90-square-metre flat would have a valuation of around €311,000.

Above the bubble

The report also compares current prices with the peaks reached in 2007 and 2008, during the height of the property bubble. Xàbia is already 40.2% above those levels in nominal terms, the largest difference in the province of Alicante. Teulada exceeds them by 36.3%; Dénia, by 19.2%, and Calp, by 17%.

It should be noted that the comparison is nominal, that is, without discounting the accumulated inflation since then.

Not just Tinsa

Other official sources point in the same direction. According to data from the Ministry of Housing and Urban Agenda, which records the average valuation value in all municipalities with more than 25,000 inhabitants, Xàbia closed 2024 with the highest value in the entire Valencian Community: €3,033 per square metre, ahead of Benidorm, Calp, València and Dénia. In other words, not only among coastal towns, but also ahead of the capital.

Why each source gives a different price

Anyone consulting property portals will see higher figures. The Fotocasa index, for example, placed the price of second-hand housing in Calp at €4,912 per square metre in July. The difference is not a contradiction: Tinsa and the Ministry work with valuation values, that is, the value that a surveyor assigns to the property, whereas portals record the price that sellers ask for in their advertisements, which is usually higher than the closing price.

To compare the evolution over time, it is correct to always use the same source.

A market shaped by second homes

Tinsa itself points to the coexistence of primary residence and holiday property as the main challenge on the coast. Second homes move in a higher price bracket: across the Spanish coast, their average value is around €3,150 per square metre.

In Xàbia, the pressure is not limited to purchases. In rentals, the town reached €16.62 per square metre per month in the first quarter, according to Fotocasa, the highest figure in the comarca.

Since 2024, the council has applied a moratorium on new tourist properties and has announced that it will replace it with maximum percentages by area.

Sources

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