Real estate prices in Alcalalí are influenced by several factors, including the local economy, demand and supply balance, and the appeal of the surrounding environment. The local economy, particularly the presence of industries and job opportunities, plays a crucial role; an upswing in employment rates can lead to higher demand for housing. The charm of Alcalalí itself, with its picturesque setting in the Jalon Valley and a Mediterranean climate, attracts both local buyers and international investors, particularly from northern European countries. This influx can drive prices up, especially for properties with views of the mountains or proximity to amenities like restaurants and shops. Additionally, the proximity to larger cities, such as Denia and Javea, adds another layer of desirability, as it allows residents to enjoy a quieter lifestyle while having easy access to urban conveniences. Seasonal fluctuations also affect prices, with summer seeing a surge in interest, particularly for vacation homes.