€2.15M Luxury 4-Bed Penthouse Calpe | Mascarat
Nearby Amenities
Approximate distances. Contact us for exact property location.
About This Property
This exceptional 4-bedroom penthouse in Mascarat represents the pinnacle of sophisticated Costa Blanca living, offered at €2,150,000. Positioned in one of Calpe's most prestigious neighborhoods, this 368-square-meter residence exemplifies contemporary luxury with premium finishes throughout. For the discerning buyer seeking exclusive Mediterranean properties, this penthouse delivers compelling value: priced at €5,842 per square meter, it commands a 20% premium advantage compared to comparable Jávea properties, whilst outperforming the broader Calpe market by 124%. The property showcases meticulous attention to detail characteristic of high-specification developments, offering four generously proportioned bedrooms and three modern bathrooms that cater to families and executive professionals alike. With 43 professional images documenting every aspect, this listing reveals a residence designed for those who refuse to compromise on quality, location, or investment potential. The Mascarat locale provides elevated positioning within Calpe, ensuring privacy and refined residential character whilst remaining conveniently proximate to the coast's most coveted amenities. This is not merely a property transaction; it represents strategic acquisition in one of Spain's most resilient luxury real estate markets, where annual appreciation consistently exceeds 7% year-on-year.
About Calpe
Calpe, positioned strategically along the northern Costa Blanca, commands distinctive geographical advantages few Mediterranean destinations match. Anchored by the iconic Peñón de Ifach, this coastal municipality boasts 11 kilometers of pristine shoreline, combining sheltered coves with vibrant Blue Flag beaches. The climate delivers 300+ days of Mediterranean sunshine annually, with temperate winters (average 13°C) and warm summers (average 28°C), creating ideal conditions for year-round coastal living. Mascarat, Calpe's most established residential enclave, rises gracefully above sea level, providing elevation that naturally enhances privacy and creates sought-after property vistas. The town's strategic position—approximately 100 kilometers south of Valencia, 45 kilometers north of Benidorm, and 130 kilometers from Alicante International Airport—positions residents within Spain's wealthiest provincial region whilst maintaining distance from overdeveloped tourist corridors. Calpe's sophisticated infrastructure, combined with genuine Spanish character, explains why it consistently ranks among Spain's most desirable expatriate communities, particularly among British and German professionals seeking permanent Mediterranean residence.
Life in Calpe
Living in Calpe represents a carefully calibrated balance between cosmopolitan convenience and authentic Mediterranean character. The municipality has deliberately cultivated an international but refined community, where English, German, and Spanish coexist naturally without surrendering local Spanish identity. Daily life encompasses morning beach walks at the award-winning Arenal-Bol or more secluded coves like Cantal Roig, followed by leisurely purchases at traditional weekly markets or contemporary supermarkets. The expat community—predominantly established British and German residents—maintains excellent English-language infrastructure, from healthcare facilities to educational institutions, eliminating expatriate isolation. Dining ranges from casual beachfront chiringuitos serving fresh Mediterranean catch to sophisticated restaurants reflecting international culinary standards. Golf enthusiasts access Club de Golf Ifach (five minutes) and additional championship courses within 30 kilometers. Healthcare meets international standards with private clinics staffed by English-speaking physicians, whilst public facilities ensure comprehensive medical access. Cultural offerings include art galleries, maritime museums, and regular international events maintaining year-round engagement. The lifestyle transcends typical tourism, offering residents the sophisticated Mediterranean experience that motivated their relocation—authentic, accessible, and refined.
Investment Potential
This penthouse represents calculated investment opportunity within Spain's consistently performing luxury residential sector. The Costa Blanca market demonstrates documented 7% annual appreciation year-on-year, reflecting sustained demand from both European expatriates and domestic investors. At €5,842 per square meter, this property positions below comparable Jávea valuations (20% premium), whilst substantially exceeding broader Calpe averages (€2,600/m²), suggesting measured pricing relative to quality specifications. Rental revenue potential approximates €1,000 weekly during peak season (seven-night bookings), translating to annual gross rental yields of 24% under conservative seasonal assumptions. The four-bedroom configuration particularly appeals to luxury holiday rental markets, where Mediterranean properties command premium nightly rates. Mascarat's established reputation and international community composition support stable property valuations and consistent tenant demand. Market fundamentals—including demographic aging in Northern Europe, sustained Mediterranean climate appeal, and limited premium supply—suggest enduring investment resilience. Purchasers benefit from Spanish non-resident tax incentives for property investors, professional management infrastructure, and established international buyer networks.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
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I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
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