Guide to buying property in Calpe, Spain. Explore neighborhoods, prices, beaches, and luxury villas near the iconic Peñón de Ifach.

Dominated by the dramatic silhouette of the Peñón de Ifach—a 332-meter limestone rock rising from the sea—Calpe is one of Costa Blanca's most visually striking destinations. This natural monument, now a protected nature reserve, defines the town's character and provides a stunning backdrop for some of the region's finest properties.
Calpe has evolved from a traditional fishing village into a sophisticated resort town that attracts buyers seeking the perfect balance of beach lifestyle, natural beauty, and modern amenities. With excellent infrastructure, year-round sunshine, and a strong international community, Calpe offers compelling opportunities for both lifestyle buyers and property investors.
Centro (Town Center)
The historic heart of Calpe retains its traditional charm with whitewashed buildings, local shops, and authentic Spanish restaurants. Properties here include renovated apartments and townhouses, typically priced between €150,000 and €400,000. The center offers walkable access to the beach, marina, and all essential services.
Playa Arenal-Bol
This prime beachfront area features Calpe's main sandy beach—a 1.2km stretch of golden sand with Blue Flag status. Apartments and penthouses here command premium prices from €250,000 to €800,000, with direct beach access and spectacular views of the Peñón de Ifach.
La Canuta
Set in the hills above Calpe, La Canuta offers larger villa plots with panoramic sea and mountain views. Properties range from €500,000 to €1.5 million, attracting buyers who prioritize space, privacy, and views over immediate beach access.
Maryvilla
A prestigious residential area known for its luxury villas and proximity to the Peñón. Villa Calpe 2501 at €950,000 exemplifies the quality available: a 5-bedroom villa on 3,560m² with panoramic views of the Mediterranean, town, and the iconic rock formation.
Oltamar
This newer development area on Calpe's outskirts features modern villas and townhouses with contemporary designs. Prices range from €400,000 to €1.2 million, appealing to buyers seeking modern construction with energy-efficient features.
Calpe's property market has shown steady growth, with average prices reaching €2,850/m² for quality properties. The market offers options across various budgets:
Beachfront apartments start from €180,000 for studios up to €600,000 for premium penthouses. Townhouses and semi-detached homes range from €250,000 to €500,000. Detached villas with sea views begin around €450,000, while luxury properties with exceptional views and large plots command €800,000 to €2 million.
Year-on-year price appreciation has averaged 5.5% in the premium segment, supported by consistent demand from Northern European buyers.
Beaches and Water Sports
Calpe boasts two main beaches: Playa Arenal-Bol with fine sand and Playa La Fossa with crystal-clear waters. The town is a hub for water sports including diving, snorkeling around the Peñón's marine reserve, sailing from the modern marina, and paddleboarding along the coastline.
Gastronomy
The fishing heritage lives on in Calpe's restaurants, where fresh seafood dominates menus. The traditional "arroz a banda" (rice cooked in fish stock) is a local specialty. International restaurants cater to the diverse expatriate community, while traditional tapas bars offer authentic Spanish flavors.
Nature and Hiking
The Peñón de Ifach nature reserve offers challenging hiking trails with rewarding summit views. The surrounding Sierra de Oltà provides additional hiking options through pine forests and along coastal paths.
Calpe's strong tourism infrastructure makes it particularly attractive for rental investment. The town receives over 300,000 visitors annually, creating robust demand for vacation rentals. Key investment factors include:
Rental yields for quality properties range from 6% to 9% annually, with beachfront apartments performing particularly well during the extended summer season. The established tourism infrastructure ensures consistent occupancy rates from April through October, with growing winter demand from long-stay Northern European visitors.
Capital appreciation has been steady, supported by limited new development in prime locations and the enduring appeal of the Peñón de Ifach landmark.
This magnificent villa occupies a prestigious position with panoramic views of the Mediterranean, Calpe town, and the iconic Peñón de Ifach. Set on an expansive 3,560m² landscaped plot, the property features 5 bedrooms, 4 bathrooms, and exceptional entertainment facilities including a private disco room, wine cellar, gym, and 6.5x13m swimming pool with children's area.
The villa combines luxury living with entertainment capabilities, making it ideal for family use or premium vacation rentals targeting groups seeking exclusive experiences.
Calpe offers comprehensive infrastructure including modern healthcare facilities, international supermarkets, and excellent road connections. Alicante Airport is approximately 65km south (45 minutes), while Valencia Airport is 120km north (75 minutes). The AP-7 motorway provides swift access to neighboring towns and major cities.
What makes Calpe attractive for property investment?
Calpe combines strong tourism infrastructure with the iconic Peñón de Ifach landmark, creating consistent rental demand. Yields range from 6-9% annually with steady capital appreciation.
What are property prices in Calpe?
Average prices reach €2,850/m². Apartments start around €180,000, while luxury villas with views range from €800,000 to €2 million.
Which is the best area in Calpe for luxury properties?
Maryvilla and La Canuta offer the finest villas with panoramic views. Playa Arenal-Bol provides premium beachfront apartments.
How far is Calpe from the airport?
Alicante Airport is 65km away (approximately 45 minutes). Valencia Airport is 120km north.
Is Calpe good for year-round living?
Yes, Calpe has a thriving international community with excellent services, healthcare, and year-round activities centered around the beach, marina, and natural attractions.
Ready to find your perfect property in Calpe? Contact Casa Rica Estate for expert guidance on Costa Blanca's most iconic destination.