Calpe is located on the Costa Blanca coast in the Valencia region. The city is inhabited by more than 21 thousand inhabitants, of which as much as 47% are foreigners. The city combines traditional Spanish climate and modern architecture. It is a very comfortable place to live in, both for the Spaniards, as well as for the many Britons and Germans arriving here. In additiion, Calpe is a holiday resort, which is very well connected with big cities such as Alicante, or Valencia.
Best things to do in Calpe
There are many historical, tourist and sporting attractions in Calpe. The city's calendar of events is also interesting. The city itself within its borders has two charming beaches - Platja Arenal Bol and Platja La Fossa. In the area, there are numerous charming bays with fabulous pure and warm water. From Calpe you can also go on day trips to the nearby Balearic Islands. Visits to Mallorca, Minorca and Ibiza will surely diversify your holiday. Interestingly, Calpe's favourite sport is cycling. Tennis, golf, horseback riding and water sports are also well-liked. The biggest attraction the town is famous for is Peñón de Ifac. It is an unusual rock formation that has become a symbol of Costa Blanca. There is also a famous nature reserve here.
Characteristics of the property market in Calpe
How much do properties in Calpe cost?
Calpe is a very attractive city in terms of tourist infrastructure. Numerous amenities for tourists combined with typical urban services make Calpe a great city to live in. Calpe is a modern city with many high standard properties. Therefore, property prices here depend on the location (the strict city centre, close to the sea, the outskirts of the city). Nevertheless, the most sought-after types of properties in Calpe are apartments, flats and houses.
Average price for properties in Calpe:
Average price by square metre for Calpe - 2,420 €
Average price for properties in Calpe - 438,101€
Who buys properties in Calpe?
Calpe is a very popular destination for foreign tourists, mostly from Great Britain and Germany. The Belgians, Swiss, French and Romanians move here permanently. Residents of these countries also very willingly buying property in Calpe – both, for rent and as their second holiday home. If you decide to move permanently to Spain, Calpe is an easy place to find a place to live. The high availability of schools, hospitals and public facilities makes Calpe a very comfortable place to work and live in.
33 % United Kingdom
14 % Romania
6 % Germany
5 % Bulgaria
5 % Netherlands
5 % Italy
4 % France
4 % Belgium
2 % Norway
Best areas for an investment
Calpe is a town with a population of 21,633 inhabitants, a significant number of whom are foreigners. The most attractive areas for buying property for tourist rental are the beaches of Playa de Levante or La Fossa. Tourists are also very fond of the area around the bays of Cala de Racó, Cala Gasparet, Cala del Morrelló, Cala Calalga, Cala Manzanera, Cala Les Bassetes and Cala Del Mallorquí. If you are looking for a place from the tourist part of Calpe, you will find it in the Old Town. If you want to feel the typical Spanish atmosphere, you should visit the picturesque cobbled streets in the historic Old Town. Calpe is also a good location for those who want to spend their time actively, practicing water sports or cycling.
216,488 € Calpe
264,392 € Calpe
284,667 € Calpe
286,022 € Calpe
Playa de Fossa-Levante
361,260 € Calpe
487,905 € Calpe
528,732 € Calpe
556,848 € Calpe
Total numer of housing property transactions in Calpe
1st quarter 2018 258
2nd quarter 2018 271
3rd quarter 2018 212
4th quarter 2018 291
1st quarter 2019 214
2nd quarter 2019 323
Prospects for the property market in Calpe
Prospects for the property market in Calpe are very promising. If you buy a property for a short-term tourist rental, you can count on a very high rate of return on investment. Very good prospects for Calpe are influenced not only by the attractiveness of tourism, but also by very comfortable living conditions. Thanks to this, the number of property purchases in Calpe is growing year by year and the number of tourists visiting the city is also growing.
It is predicted that properties located on the Spanish coast and in tourist centres will enjoy the greatest interest. The high rate of return on investment of up to 10.5% (data from the Spanish Central Bank) should be a big incentive for foreign investors.
Flats for sale
What convinces people to invest in a flat in Spain, is primarily a very affordable price. Purchasing a flat is a perfect choice for people who do not need a large space, and also for investors who are looking for a property for tourist rentals. The flats available on the Spanish property market usually consist of a few rooms – living rooms, a wardrobe, akitchen or a kitchenette and a bathroom. In addition, the flat often includes a balcony overlooking the beautiful area.
Thanks to a wide variety of offers in Spain, the investors may choose from many attractive flats from the secondary or primary market. There are both, fully furnished flats and apartments in a core and shell state available. By using our website, you can find affordable flats in your dream location - we publish property advertisements in central parts of cities and on their outskirts.
The Spanish property market is full of bargain flat offers. The investors may find properties with a number of amenities there. Here are some of the most popular ones.
A car park
How much do flats in Spain cost?
In financial terms, buying a flat in Spain may be a very profitable decision. Of course, you must be aware that the prices of flats on the Spanish property market will vary depending on their location and size. An attractive location, a large area and many amenities increase the price of the property.
Average value of property transactions of the free housing market in Spain
1st quarter 2018 145 297 €
2nd quarter 2018 149 582,4 €
3rd quarter 2018 152 095,1 €
4th quarter 2018 153 179,7 €
1st quarter 2019 152 023,4 €
2nd quarter 2019 154 487,8 €
Who buys flats in Spain?
In the recent years, the Spanish property market has made a name for itself in the eyes of foreign investors. Many foreigners decide to buy a property in the hot south, however their motivations are different. Some people invest with their future in mind – they are looking for a permanent place to live with a family. On the other hand, others are looking for an attractive holiday home or wish to earn money from tourist rentals. Considering the current flat prices in Spain, this purchase will be a great idea regardless of your investment goal.
Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain
New housing – 257 460,2 €
Second hand housing – 157 209,7 €
If you do not block these files, you agree to their use and saving them in your device's memory.
Remember that you can change your browser settings yourself to block the saving of cookies.