New Build 3-Bedroom Apartment in Playa de Fossa-Levante, Calpe
Fossa-Levante, Calpe · Alicante
3 Bed2 Bath164 m²Built 1965Energy: G
Description
At EUR 389,000, this 3-bedroom apartment in Playa de Fossa-Levante offers 164 m2 with 2 bathrooms. The building dates from 1965. Playa de Fossa-Levante is a residential area within Calpe. The nearest beach is The price of EUR 389,000 works out to EUR 2,372 per square metre. The energy rating is G. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax. Residents share a communal swimming pool. The garden provides additional outdoor space. A private solarium offers open-air relaxation.
Features
- Communal pool
- Near beach
- Terrace
- Solarium
- Garden
- Lift
- Panoramic views
- Gymnasium
- Private garden
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 164 m² |
| Floor | 2 / 9 |
| Year Built | 1965 |
| Energy Certificate | G |
| Reference | 27199556-01 |
Distances & Nearby
- beach
- < 1 km
- airport
- 35 min (Alicante-Elche ALC)
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Location
Fossa-Levante, Calpe · 38.6509, 0.0703
About Fossa-Levante, 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
How much does it cost to buy this property?
For this new build at EUR 389,000, you will pay 10% IVA (EUR 38,900), stamp duty of 1.5%, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 4,707. Total estimated costs come to approximately EUR 50,992.
Is mortgage financing available?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 389,000, a 60% mortgage would be EUR 233,400, requiring a deposit of EUR 155,600. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 1232. Spanish banks require proof of income, tax returns, and a credit report from your home country.
How much are the monthly expenses?
Annual running costs for this apartment 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.
Can I book a viewing?
Contact Aino-Kaisa Lonka to arrange an in-person viewing of this apartment in Playa de Fossa-Levante. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
What is the rental potential?
Calpe has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-bedroom apartment in Playa de Fossa-Levante 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.
How does purchasing work?
Buying property in Spain requires an NIE number, which your lawyer can help arrange. Once you agree the price, a reservation deposit secures the property. You then sign an arras contract with a 10% deposit within 2-4 weeks. The final step is signing the escritura at a notary and paying the remaining balance. Your lawyer handles due diligence, checking the property has no debts or legal issues. Allow 6-10 weeks from offer to completion.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 164 m²
- Energy Rating
- G
