€341k 2-Bed Apartment Calpe - Investment Opportunity
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Approximate distances. Contact us for exact property location.
About This Property
This 111m² two-bedroom, two-bathroom apartment in Arenal-Bol represents a compelling investment opportunity on the Costa Blanca. Priced at €341,095 (€3,073/m²), it commands a premium specification yet sits 20% below comparable Jávea properties, offering exceptional value for discerning investors. Calpe's consistent 7% year-on-year market appreciation, combined with proven holiday let rental yields of €1,000 per week, positions this property for robust capital appreciation and reliable rental income. The strategic location within walking distance of the award-winning Arenal-Bol Blue Flag beach makes it highly attractive to international tourists and long-term renters alike. At 18% above the local Calpe average of €2,600/m², this premium reflects the property's quality specification, desirable beachside proximity, and strong demand fundamentals. For investors targeting sustainable returns through both seasonal lettings and property value growth, this apartment delivers measurable ROI potential in an established, proven market.
About Calpe
Calpe (Calp in Valencian) is a dynamic coastal town on the northern Costa Blanca, renowned for its distinctive Peñón de Ifach limestone rock formation rising 332 meters from the shoreline. The town straddles two beaches—Arenal-Bol to the north and La Fossa to the south—creating a natural amphitheater of Mediterranean charm. With over 330 days of annual sunshine and average temperatures of 18°C, the climate supports year-round tourism and outdoor living. Calpe's strategic position between Alicante Airport (65km south) and Valencia (140km north) enhances accessibility for both tourists and residents. The town balances traditional Spanish character with modern infrastructure, featuring a thriving expat community predominantly comprised of British and German residents. This multicultural fabric, combined with excellent healthcare and educational institutions, has transformed Calpe into a preferred destination for international property investment.
Life in Calpe
Daily life in Calpe revolves around Mediterranean rhythms and cosmopolitan convenience. The strong British and German expat communities create a welcoming, English-speaking environment where international residents integrate seamlessly. Fresh seafood markets, traditional tapas bars, and contemporary international restaurants cater to diverse tastes, while weekly markets offer local produce and regional specialties. The Arenal-Bol promenade bustles with activity—beachside cafés, water sports facilities, and entertainment venues create vibrant social hubs. Healthcare access is excellent with multilingual staff at private clinics and the nearby Centro de Salud Calp. Major supermarkets (Mercadona, Consum, Lidl) provide familiar shopping experiences. The emerging tram infrastructure and established bus connections to Benidorm and Valencia enhance mobility. Golf enthusiasts enjoy three championship courses within 30 minutes. This lifestyle blend—Mediterranean authenticity with international amenities—attracts affluent investors seeking quality-of-life advantages alongside financial returns.
Investment Potential
This property capitalizes on Calpe's demonstrated 7% year-on-year appreciation trajectory, significantly outpacing Spanish residential averages. Holiday let rental data confirms weekly rates of €1,000 for similar two-bedroom beachside properties, translating to €52,000 annual gross rental income on conservative occupancy assumptions. The premium €3,073/m² valuation—though 18% above Calpe's €2,600/m² average—reflects quality specification and beachfront positioning, yet remains 20% below equivalent Jávea properties, creating arbitrage opportunity. Seasonal rental demand peaks during summer months (June-September) and Christmas periods, with shoulder-season European tourists extending lettings year-round. Capital appreciation potential is supported by limited beachfront inventory, increasing tourism infrastructure (incoming tram system), and sustained international demand from northern European investors. Combined rental yield and property appreciation offer diversified returns for portfolio optimization.
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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