3-Bedroom Penthouse in Playa de Fossa-Levante, Calpe
Fossa-Levante, Calpe · Alicante
3 Bed2 Bath316 m²Energy: G
Description
Priced at EUR 899,000, this top-floor penthouse in Playa de Fossa-Levante has 3 bedrooms and 2 bathrooms across 316 m2. The property is sold fully furnished. Playa de Fossa-Levante is a residential area within Calpe. The nearest beach is The price of EUR 899,000 works out to EUR 2,845 per square metre. The energy rating is G. 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
- Terrace
- Parking
- Lift
- Furnished
- Panoramic views
- Underground parking
- Fitted kitchen
- Jacuzzi
- Security
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 316 m² |
| Floor | 10 |
| Energy Certificate | G |
| Reference | 88169110-01 |
Distances & Nearby
- beach
- < 1 km
- airport
- 35 min (Alicante-Elche ALC)
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Location
Fossa-Levante, Calpe · 38.6473, 0.0733
About Fossa-Levante, Calpe
Playa de la Fossa-Levante is Calpe's premier beachfront zone, stretching northward from the base of the Penon de Ifach along a wide, sandy Blue Flag beach. The area combines high-quality residential developments with a selection of beachfront restaurants and chiringuitos, and benefits from the sheltered bay that provides calm bathing waters. The immediate proximity of the Penon natural park gives the neighbourhood an unmatched dramatic backdrop that sets it apart from other Costa Blanca beach locations.
Frequently Asked Questions
How much does it cost to buy this property?
For this new build at EUR 899,000, you will pay 10% IVA (EUR 89,900), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 10,878. Total estimated costs come to approximately EUR 116,263.
Is mortgage financing available?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 899,000, a 60% mortgage would be EUR 539,400, requiring a deposit of EUR 359,600. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 2847. 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 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.
Can I book a viewing?
Contact Maya Kallio 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.
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 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.
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.
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
- 3
- Bathrooms
- 2
- Build Size
- 316 m²
- Energy Rating
- G
