Alicante to Build 1,000 Homes in Albufereta: Major Urban Development Project Launched

Alicante to Build 1,000 Homes in Albufereta: Major Urban Development Project Launched
Alicante has announced one of its largest housing projects in recent years: a new neighborhood in the Albufereta district with 1,000 residential units, including 100 designated as social housing. Construction is scheduled to begin in 2026.

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Key Project Details

The Alicante City Council has signed an agreement with developers Aliseda and Culmia Desarrollos Inmobiliarios to redevelop the Albufereta area.

The new district will cover 128,087 m², with around 108,933 m² allocated to housing and the rest to commercial and public spaces.

The project includes:

• approximately 1,000 apartments, including 100 social housing units;

• a 10,000 m² public building (purpose yet to be defined);

• a new park and green areas connecting the district to the coastline and surrounding neighborhoods;

• preservation and enhancement measures for the archaeological site Tossal de les Basses.

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Location and Development Features

The new neighborhood will be located between Caja de Ahorros Street, Flora de España Street, and Ingeniero Pedro Torres Roundabout, on both sides of the Juncaret stream.

Residential buildings will be concentrated in the western part of the site — away from flood-prone areas and protected heritage zones such as the BIC Cerro de las Balsas.

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Implementation Timeline

• 2026 — urbanization and infrastructure works to begin;

• 2027 — start of residential construction.

The total estimated budget for the project is €20 million.

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Context and Significance

Alicante is currently facing a housing shortage: between 2021 and 2024, the deficit has reached at least 38,900 housing units, with real figures possibly as high as 86,000 when excluding non-residential properties such as tourist apartments.

Mayor Luis Barcala emphasized that this initiative is “a step toward the city of the future” — a strategic response to the housing crisis that balances public and private interests.

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