I haven't tried the Alhambra guitars. From what I understand, Guit Center sells them now, but I have yet to see one in my local store. Some member of this forum, who is in the know, told me that I am playing one right now. Apparently, they make some of the student models for Ramirez. That is what I am playing now.
I have owned a Córdoba C5, and for the money, it was an excellent guitar. Solid cedar top, and laminate mahogany back and sides. The fly in the ointment on these guitars is that the frets may be a little "pokey" on the sides of the fret board. This happened with my C5 and with my Córdoba C9. Both of these were fixed under the warranty, by the warranty repair luthier, at my local dealer.
I regret trading in the C5, as it would have made a lovely guitar for camping and lessons. I will probably buy another one used, as it has a truss rod and I can adjust it when changes in temperature/ humidity occur. The C9 was a great guitar in its own right, but as I have better guitars, I gvve that one to my son for X-mas.
It's my understanding that when the back and sides are made of laminates, it really doesn't matter what type of wood is used, and that most of the sound comes from the top. So just use your ears, and try not to be seduced by pretty rosewood if the guitars are made of laminates.
If it were me, I would hold out until I found the right guitar used, at the right price as you can get a better guitar this way for less cost. I prefer the sound of solid rosewood back and sides, but the C9 had solid mahogany back and sides and it still sounded wonderful. If it wasn't a wonderful guitar, I wouldn't have given it to my son. You can pick one of those up used for cheap.