The province of Alicante has seen a surge in new-build housing cooperatives, a property development model that is becoming increasingly popular due to its economic benefits and its focus on future homeowners’ participation in the construction process. This trend has been especially prominent in certain areas of the province, where the demand for housing continues to grow, and where the cooperative model aligns well with the profile of buyers.
In personalHOME we analyse the areas of Alicante that are leading this type of real estate development and why they are an excellent option for those interested in acquiring a new home through a cooperative.
Alicante City and Metropolitan Area
The population growth and tourism boom in the city of Alicante, alongside limited housing supply and the need for expansion, have led to the development of a metropolitan area that includes the surrounding municipalities of the L’Alacantí region.
Alicante residents seeking single-family homes are broadening their search to neighbouring towns such as San Vicente, San Juan, Mutxamel, and Campello. These towns are attractive due to their proximity to the capital, excellent transport links, and well-established public services, making cooperative developments more prevalent in these areas.
personalHOME has a cooperative in San Juan, Marsala Villas, and three cooperatives in Mutxamel: one delivered, Residencial Zenit, another sold and about to start construction, Celeste Villas, and a third with only 3 homes available, Residencial Nadir.
A Few Minutes from the Coast
Investment is being made in building new co-operatives close to already overcrowded coastal areas. The advantages of any cooperative are enhanced by the benefit of living in quieter neighbourhoods, away from the seafront, but at the same time with quick and easy access to the beaches.
As a result, there has been a significant expansion of affordable housing developments around major coastal towns such as Dénia, Jávea, Altea, Santa Pola, and Torrevieja, allowing cooperative members to live near the sea.
The Interior of the Province for Nature Lovers
Building cooperatives in rural areas have long been an excellent option for families dreaming of a country house with all the modern comforts, nestled in nature, while benefiting from shared project costs and overheads with other buyers.
L’Alcoià, El Comtat, Alt Vinalopó, the interior of Marina Baixa and Marina Alta are the regions of the province of Alicante that are home to these rural areas that are so highly valued for this type of promotion.
Elche and Its Residential Growth
Elche, the second largest city in the province, has seen a boom in the development of new cooperatives, driven by its significance as an industrial and economic hub, along with its rich historical and cultural heritage.
Cooperatives in Elche have been established in residential areas aiming to provide affordable housing options for young families. Neighbourhoods such as Altabix and El Toscar are popular for this model of urban development, where excellent connectivity and services are combined with a family-friendly environment.
How to Find Cooperatives in Alicante
At personalHOME, we specialise in developing cooperatives that facilitate access to newly built housing. To achieve this, we are continuously searching for land that meets the necessary urban characteristics and aligns with the preferences of potential cooperative members. Once suitable land is found, we design a housing project tailored to the needs of our future clients and develop a dedicated website for the cooperative, which helps us promote each development.
Through the personalHOME website, we provide access to all existing cooperatives. In addition, there are other ways of finding housing cooperatives in Alicante beyond the usual property development portals, such as search engines specialising in cooperatives or cooperative management companies that are presented as such on the Internet.
