Nearby Amenities
Approximate distances. Contact us for exact property location.
About This Property
Discover your Mediterranean escape in this stunning 1-bedroom penthouse located in the heart of Arenal Bol, Calpe. At €413,470, this premium property offers exceptional value compared to nearby Jávea, making it an ideal holiday home or second residence for those seeking sunshine, sea, and sophistication. Calpe's dramatic Peñón d'Ifach backdrop and crystalline waters create the perfect setting for a lifestyle where morning coffee overlooks azure waters and evenings blend seamlessly into leisurely Mediterranean dining. This property represents more than just a purchase—it's an investment in endless summer days, where €3,692 per square metre secures you a slice of one of Spain's most coveted coastal destinations. With rental potential averaging €1,000 per week, your holiday retreat becomes a smart financial asset, particularly as the Costa Blanca market grows at 7% year-on-year. Whether you're escaping harsh winters or seeking a destination getaway, this penthouse in Arenal Bol delivers the sunshine retreat lifestyle that transforms ordinary weeks into extraordinary memories. The combination of premium specification, strategic pricing below comparable Jávea properties, and Calpe's magnetic appeal makes this more than a property purchase—it's your gateway to the Mediterranean lifestyle you've always imagined.
About Calpe
Calpe, perched on the Costa Blanca's northern coastline, is a vibrant Mediterranean town renowned for its iconic Peñón d'Ifach—a dramatic 332-meter limestone rock formation that defines the skyline and creates some of Spain's most photographed vistas. The town enjoys over 300 days of annual sunshine, with mild winters and warm summers that invite year-round outdoor living. Arenal Bol, where this penthouse is located, sits at the heart of Calpe's tourist and residential district, offering the perfect blend of lively beach culture and residential tranquility. The area's Blue Flag beaches, including the namesake Arenal-Bol, guarantee pristine waters and excellent facilities. Calpe's strategic position between Valencia (90 minutes) and Alicante (60 minutes) makes it easily accessible while maintaining its charming, established character. The town has evolved from a fishing village into a cosmopolitan destination without sacrificing its authentic Spanish soul, making it exceptionally attractive to international buyers seeking genuine Mediterranean living rather than over-developed resort areas.
Life in Calpe
Life in Calpe revolves around the perfect Mediterranean rhythm. Your mornings might begin with fresh churros from a local panadería, followed by a beach walk along Arenal-Bol's promenade where the Peñón towers above. The strong British and German expat community means English is widely spoken, easing integration while maintaining Spanish authenticity in quieter moments. Weekly markets brim with local produce—artisan cheeses, fresh seafood, and vibrant vegetables that define Mediterranean cuisine. Restaurant culture thrives here, from beachfront chiringuitos serving paella with your feet in sand to intimate tapas bars tucked into old town corners. Healthcare is excellent with English-speaking doctors readily available, and the upcoming tram connection will revolutionize getting around. The pace is refreshingly civilized: leisurely long lunches, afternoon siestas that the climate demands, and evenings spent on terraces as the sun melts into the sea. Yet Calpe isn't sleepy—cultural events, golf courses, water sports, and day trips to nearby Jávea or Altea keep life vibrant. For holiday home owners, this means your property becomes a genuine lifestyle upgrade, not just a investment, where every season feels like an extended vacation.
Investment Potential
From a financial perspective, this penthouse represents exceptional value in an appreciating market. At €3,692 per square meter—approximately 20% below comparable Jávea properties—it offers premium specification at accessible pricing. Calpe's real estate market has demonstrated consistent growth at 7% year-on-year, outpacing broader Spanish property trends. Holiday rental data reveals strong demand, with similar 1-bedroom Arenal Bol properties commanding approximately €1,000 per week during peak season (roughly €50,000 annually), suggesting a 12% gross yield on your investment. For international buyers, the strategic location between Valencia and Alicante, combined with robust British and German tourism flows, ensures consistent tenant availability. The property functions equally well as a personal retreat or as part of a diversified real estate portfolio, offering flexibility as your circumstances evolve. Unlike properties in over-saturated markets, Calpe maintains genuine authenticity while capturing premium tourist demand, making this investment both emotionally satisfying and financially prudent.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
Get Your Best Mortgage Rate
Our partner Habeno compares mortgage offers from multiple Spanish banks to find you the best rate.
Why Buy This Property?
Helpful Resources
Explore More Properties
Frequently Asked Questions
This Won't Last Long
Quality properties in Calpe are selling fast. Take the next step before someone else does.
Similar Properties You'll Love
Buying Guides for Calpe
Oskar Peterson
Property Specialist
I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
Guide price
Get New Listings First
Be the first to know about new properties in Calpe.
Latest Property Updates
Get notified when new properties match your criteria.
No spam. Unsubscribe anytime.