Location of Alicante on a map. Alicante is a city found in Valencia, Spain. It is located 38.35 latitude and -0.48 longitude and it is situated at elevation 18 meters above sea level.Alicante has a population of 334,757 making it the 2nd biggest city in Valencia.It operates on the CEST time zone, which means that it follows the same time zone as Valencia.t is located 38.35 latitude and -0.48 longitude and it is situated at elevation 18 meters above sea level. Alicante has a population of 334,757 making it the 2nd biggest city in Valencia. It operates on the CEST time zone, which means that it follows the same time zone as Valencia.