2-Bedroom Penthouse on Avenida Madrid, Calpe
Arenal-Bol, Calpe · Alicante
2 Bed2 Bath167 m²Energy: G
Description
On the 5th floor of a 55-unit building on Avenida Madrid, this 167 m2 penthouse has two bedrooms, two bathrooms and a private solarium. The living-dining room connects to a terrace through floor-to-ceiling windows. Air conditioning, built-in wardrobes and electric blinds are fitted. An underground parking space and storage room are included in the price.Avenida Madrid connects Calpe's centre to the coast, putting this property within walking distance of Arenal-Bol beach, the port and the weekly market. The Penon de Ifach is visible from the upper floors of the building. Restaurants along the beachfront serve fresh seafood from the local fish market. Calpe's old town, with its narrow streets and Moorish tower, is a 10-minute walk south.At EUR 3,587 per m2, this penthouse offers generous space for its price bracket in central Calpe. IVA at 10% adds EUR 59,911, with notary, registry and legal costs estimated at EUR 8,700. Communal facilities include a pool with solarium, coworking area and round-the-clock security.
Features
- Communal pool
- Lift
- Panoramic views
- Terrace
- Balcony
- Solarium
- Underground parking
- Near beach
- Security
- Air conditioning
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 167 m² |
| Floor | 5 |
| Energy Certificate | G |
| Reference | 94000145-05 |
Distances & Nearby
- beach
- 400 m
- supermarket
- 200 m
- airport
- 75 min (Alicante-Elche ALC)
- golf
- 10 min (Ifach Golf Club)
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Location
Arenal-Bol, Calpe · 38.6450, 0.0477
About Arenal-Bol, Calpe
Calpe is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
Frequently Asked Questions
What are the total buying costs for this penthouse?
IVA at 10% is EUR 59,911. Add notary fees of around EUR 1,000, land registry EUR 600, and legal costs at 1% plus VAT (approximately EUR 7,249). Total additional costs are roughly EUR 68,760 on top of the EUR 599,106 asking price.
What deposit is required for a non-resident mortgage?
Non-residents need 30-40% deposit, so EUR 179,732 to EUR 239,642. Spanish banks offer variable rates of 3.5-4.5% for non-resident buyers.
What are the annual and monthly running costs?
Annual IBI is estimated at EUR 500-800. Community fees for this type of building run EUR 80-120 per month. Utility costs for a 167 m2 penthouse average EUR 150-200 per month.
How can I see this property?
Contact Maya Kallio at OceanHome to arrange a viewing in person or by video call.
What rental income could this generate?
Central Calpe penthouses with sea views and pool access attract strong holiday rental interest from spring to autumn. The 2-bedroom format suits couples, the primary demographic for Calpe rentals. A tourist licence is required from the Valencian Government.
How does the purchase process work for overseas buyers?
Apply for your NIE at the Spanish consulate or in Spain. Reserve the property with a deposit, then sign the arras contract paying 10%. Completion is at the notary. If you cannot attend, a solicitor can act under power of attorney. Plan for 8-12 weeks in total.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 167 m²
- Energy Rating
- G
