Had a nice week staying 3 miles north of Benidorm at Albir, and some long bike rides, alternating with walks, train rides, with my wife. Photos here (including those on walks...)
https://picasaweb.google.com/103516038499036836792/CostaBlancaFeb12#Lots of cyclists (including pros) training in the area. Inland roads mainly quiet without too much traffic.Nice scenery on the cols. Main coast road N332 busy - but has a hard-shoulder for cyclists (and walkers ) to use, so useable with care.
For info:-
Holiday was arranged by Sports Tours International, called Early Bird Training camp.In Feb its cheaper as no organised rides.They give a basic route sheet, but you need Michelin Costa Blanca 123 1;130,000 ideally as well. They arranged airport transfers from Alicante and half-board buffet meals. Good value, would not have saved any by booking direct. We had an appartment with lounge, kitchen and fridge, and there was a supermarket for buying cheap drinks and snacks over the road. Large groups of cyclists (especially one from Sweden) at our hotel, also other sports-minded club people eg footballers. There was an indoor pool and gym.