New Build 2-Bedroom Penthouse in Playa de Fossa-Levante, Calpe
Fossa-Levante, Calpe · Alicante
2 Bed2 Bath154 m²Energy: G
Description
A 2-bedroom penthouse in the Playa de Fossa-Levante area of Calpe, listed at EUR 650,000 for 154 m2. Playa de Fossa-Levante is a residential area within Calpe. The nearest beach is The price of EUR 650,000 works out to EUR 4,221 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 | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 154 m² |
| Floor | 9 |
| Energy Certificate | G |
| Reference | 27199556-05 |
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
What fees should I budget for?
For this new build at EUR 650,000, you will pay 10% IVA (EUR 65,000), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 7,865. Total estimated costs come to approximately EUR 84,615.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 650,000, a 60% mortgage would be EUR 390,000, requiring a deposit of EUR 260,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 2059. 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 de Fossa-Levante. 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 2-bedroom penthouse 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.
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.
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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
- 154 m²
- Energy Rating
- G
