A 4-bedroom penthouse in the Playa arenal-bol area of Calpe, listed at EUR 995,000 for 201 m2. Playa arenal-bol is a residential area within Calpe. The nearest beach is The price of EUR 995,000 works out to EUR 4,950 per square metre. Parking is included. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax.
Features
Communal pool
Near beach
Parking
Lift
Fitted kitchen
Jacuzzi
Gymnasium
Tennis court
Electric blinds
Home automation
Property Details
Property Type
Apartment
Bedrooms
2
Bathrooms
2
Built Area
118 m²
Floor
1 / 15
Energy Certificate
A–B
Reference
89261735-03
Energy Performance Certificate
New-build homes in Spain must meet the minimum energy performance set by the Código Técnico de la Edificación, so a completed new-build is normally rated A or B. The official certificate is issued on completion.
ARegulatory minimum
< 29kWh/m²
B
29 – 49kWh/m²
C
50 – 79kWh/m²
D
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
G
> 240kWh/m²
Expected rating
A–B
In process
From 1 January 2030, every new building in the EU must be a zero-emission building.
Distances & Nearby
🏖
beach
< 1 km
✈️
airport
35 min (Alicante-Elche ALC)
Location
Arenal-Bol, Calpe · 38.6438, 0.0593
About Arenal-Bol, Calpe
Playa Arenal-Bol is Calpe's premier beachfront zone, stretching beneath the dramatic silhouette of the Penon de Ifach. This area combines a Blue Flag beach with a vibrant promenade lined with restaurants, bars, and boutiques. It is one of the Costa Blanca's most desirable addresses, offering year-round appeal for both residents and investors.
For this new build at EUR 995,000, you will pay 10% IVA (EUR 99,500), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 12,040. Total estimated costs come to approximately EUR 128,465.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 995,000, a 60% mortgage would be EUR 597,000, requiring a deposit of EUR 398,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 3151. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What ongoing costs should I expect?
Annual running costs for this penthouse include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Calpe; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
How do I see this property?
Contact Aino-Kaisa Lonka to arrange an in-person viewing of this penthouse in Playa arenal-bol. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Can I rent this property out?
Calpe has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 4-bedroom penthouse in Playa arenal-bol can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
What steps are involved in buying?
To buy in Spain, you first need an NIE (tax identification number for foreigners). The purchase begins with a reservation deposit, followed by a private contract (contrato de arras) with 10% down payment. A Spanish lawyer should review the property title, check for debts, and verify planning permissions. The sale completes at a notary office where the deed is signed and registered. Budget 6-10 weeks for the full process.
