Buying real estate in Calpe for investment is a great option – these are apartments, houses, and villas. There are many multi-storey houses and hotels on the coast in the city. Prices are lower than in Barcelona, Madrid, or the Balearic Islands. Excellent climate, and developed infrastructure attracting buyers from the USA, England, France, Canada, and Sweden.
Overview
The city of Calpe has existed for many centuries, there are still remnants of the old fortress wall built during the reign of the Moors on the Iberian Peninsula. In the central part of the city there are two chapels of the XVIII century, the Tore Moli del Morello mill of the XIX century, as well as two churches.
The baths of Bagnos de la Reina have remained since the days of Ancient Rome. It is recommended to visit museums in Calpe:
- Ethnological.
- Archaeological.
- Collectibles.
- Lithographs.
Pebble and sandy beaches of Calpe – more than 11 kilometers of coast, the best are considered:
- Arenal – Pain;
- La Fossa (De Levante)
- Puerto Blanco (near the yacht club).
The coast of the region is considered one of the best in Spain; it has been repeatedly awarded national prizes of the Blue Flag format. In combination with the developed infrastructure, proximity to airports, and good roads, Calpe is of interest to real estate buyers.
The huge rock Peñon Ifach in the sea opposite the central part of the town is a kind of recognizable brand. A visit to this sacred place is a mandatory item in the program of all tourists. Panoramic views of the surroundings fascinate with fantastic views. The rock and the water area have the status of a national natural park.
Another attraction of Calpe is its salt lakes. Las Salinas del Calpe. Even in ancient Rome, salt was mined here, this is a favorite place for pink flamingos, storks, and herons.
The most famous bays:
- Kolyao.
- Raco del Corb.
- Gasparet.
- Kalalga.
- Mallorca
- Manzanera.
- Rako.
- Morello.
There are about 200 restaurants and cafes in Calpe and the suburbs, where a variety of seafood dishes are offered.
Features of units
The rhythm of life in Calva is not as dynamic as, for example, in Benidorm. The cost of apartments with sea views is estimated at 150 thousand euros. A house with a plot will cost at 250 thousand euros.
Expensive and prestigious neighborhoods are located in the south-west, there are no motorways, and picturesque views open to the sea. The average price of a townhouse or house is at 550 thousand euros. More affordable housing is located in the north-western districts.
The city of Calpe is located in the Spanish province of Alicante (Costa Blanca). The resort status dictates the level of real estate prices, which are a priori 15-25% higher than in western Valencia.
After the end of COVID-19, price growth resumed and this is seen in the cost of one square meter for 2021 and 2022. In November 2021, one metro cost about 2 thousand euros. Exactly a year later, the price reached 2.4 – 2.6 thousand euros. Most experts say that the trend will remain positive, prices will rise.
District differences
With rising prices, construction resumed. Prices for new homes are relatively low. This statement applies equally to the northern part of Kalme, where budget apartments are being built, as well as expensive apartments in the southeast.
The quietest areas:
- Playa Del Arenal-Bol;
- Calpe Pueblo;
- Manzanera-Tosal.
Prices here are slightly higher than 2 thousand euros per m2.
Similar areas (worth 23.5 thousand euros per m2):
- La Manzanera;
- Gargasindi ;
- Marivilla.
In the Central area of Playa Del Arenal-Bol prices reach 3 thousand euros m2.
The most fashionable and expensive neighborhoods are considered to be Puerto. Located near the huge rock Peñon Ifach, you can only buy a villa or a house here. The cost starts from 110 thousand euros. Recently, the residential complex „Calpe II” was opened nearby, apartments here are expensive (more than 190 thousand euros) the view of the sea and the rocks is very picturesque.
Puerto has its peculiarity: a wide embankment, the famous yacht club Reial Club Nautic Calp is located nearby. There are many nearby restaurants, cafes, as well as chalets.
The quietest place is the private complexes of Playa Arenal-Bol. The cost per square meter here is about 2.6 thousand euros. A modest studio will cost 80 thousand euros. The secondary market also offers many interesting options, it is recommended to pay attention to Calpe Pueblo (old quarters of the city).
What the price dynamics depend on
There are a number of indisputable factors that are drivers of growth for prices:
- Proximity to the sea.
- The size of the plot and the presence of a swimming pool.
- Proximity of urban infrastructure.
The optimal district that meets 90% of the requirements is Playa de Fossa-Levante. Cafes, souvenir shops, and a shopping center are located within walking distance. In the warm season, it is crowded here.
There are many offers for new buildings. There are apartments in houses that are located half a kilometer from the iconic place: the rock of Peñon Ifach, next to the beach of Playa de Levante. The prices here are the highest, for example, an apartment with 2-3 bedrooms can cost 170-190 thousand euros. The cheapest studios are at least 100 thousand euros.
What is better to buy
You can win by buying real estate at the construction stage, prices in this case are minimal. The advantage of this option: the developer provides guarantees. If problems arise due to the fault of the company, it is obliged to fix them for free for the user.
If you buy a house on the secondary market, then all repair costs will be paid by the new owner. Repairs in Calpe are expensive, as well as dismantling, garbage disposal, etc.
You can buy an apartment from 80 thousand euros, and apartments — fron 150 thousand euros. Prices are minimal for the southern coast of Spain, they will soon undergo a correction with a „+” sign. For comparison, the minimum cost of a villa on the southern coast of the Costa del Sol is estimated at 850 thousand euros.
Townhouses and villas priced from 500 thousand euros are sold in the western part of Calpe. The purchase of such facilities ensures the receipt of a „Golden visa” and a quick registration of a residence permit.
Spain-Real.Estate is the leader in the real estate market in Spain. The company has the most complete information base, the information is updated around the clock. Visit the electronic catalog, select options, write a request, call, and discuss the order with the manager. If there are no acceptable options, then you can always make a pre-order. Spain-Real.Estate will contact you within a short time and inform you about the availability of the option.
