Calpe: Emerging Property Investment Hotspot

Calpe: Emerging Property Investment Hotspot

Why Calpe is becoming one of the most attractive locations for property investment on Costa Blanca.

Maria Garcia November 20, 2024 7 min

Calpe, dominated by the iconic Peñón de Ifach rock, is rapidly emerging as one of the Costa Blanca's most attractive investment destinations. With its perfect blend of natural beauty, infrastructure, and rental potential, savvy investors are taking notice.

Why Calpe?

Situated between Altea and Benidorm, Calpe offers the best of both worlds: the charm and tranquility of a traditional Spanish town with easy access to modern amenities. The town has invested heavily in infrastructure, including a modern marina, excellent beaches, and a well-maintained old town.

12% Growth
5-7% Yields
45min Airport
300+ Days Sun

The Investment Case

Property prices in Calpe have grown by 12% year-over-year, outpacing many neighboring towns. Yet prices remain 20-30% below comparable properties in Javea or Moraira, presenting a compelling value proposition. Rental yields of 5-7% are achievable, particularly for properties with sea views or pool access.

Key Investment Metrics
Average price: €2,500-3,500/m² (apartments)
Rental yield: 5-7% gross
Occupancy rate: 75-85% in summer
Price growth: 12% YoY

Best Areas to Invest

The most sought-after areas include the beachfront along Levante and Arenal-Bol beaches, the Maryvilla urbanization with its sea views, and the old town for those seeking character properties. New developments on the outskirts offer modern amenities at competitive prices.

Future Outlook

With continued infrastructure investment, growing international interest, and limited new supply, Calpe is well-positioned for continued appreciation. The town's balance of tourism appeal and year-round livability makes it attractive for both holiday lets and long-term rentals.