by Tjeerd Geerts
Many people today choose to buy a house in Calpe when they are looking to buy a house in the Costa Blanca. This article outlines the costs involved in buying a villa, bungalow, terraced house, or apartment in Calpe, including property prices, taxes, legal fees, and mortgage calculations.
Property Prices in Calpe (2025)
The cost of buying a property in Calpe varies depending on the type, size, and location. Below are average price ranges for different types of properties:
- Villas in Calpe (2-3 bedrooms): €400,000 – €700,000
- Bungalows or Terraced Houses in Calpe (2-3 bedrooms): €250,000 – €400,000
- Apartments in Calpe (1-2 bedrooms): €180,000 – €300,000
Additional Costs
When buying a property in Calpe, buyers must consider several additional costs, which can add approximately 10-15% to the purchase price:
- Property Transfer Tax (ITP): 10% of the purchase price (for resale properties)
- Notary Fees: €600 – €1,200
- Land Registry Fees: €400 – €1,000
- Lawyer Fees: 1% of the property price (€1,500 – €3,500 minimum)
- Gestoría (Administrative Services): €300 – €700
- Bank Fees (if taking a mortgage):
- Mortgage arrangement fee: 1-2% of the loan amount
- Property valuation: €300 – €600
- Stamp Duty: 1.5% of mortgage value
Example Calculations
Example 1: Buying a 2-Bedroom Villa for €500,000
- Purchase Price: €500,000
- ITP (10%): €50,000
- Notary Fees: €1,000
- Land Registry Fees: €700
- Lawyer Fees (1%): €5,000
- Gestoría Fees: €500
- Total Additional Costs: €57,200
- Total Price Without Mortgage: €557,200
Mortgage Calculation (70% Loan)
- Loan Amount (70%): €350,000
- Down Payment (30%): €150,000
- Mortgage Arrangement Fee (1%): €3,500
- Stamp Duty (1.5%): €5,250
- Property Valuation: €500
- Total Mortgage-Related Costs: €9,250
- Total Initial Cost: €216,450
- Monthly Payment (3.5% interest over 25 years): ~€1,750
Example 2: Buying a 2-Bedroom Apartment for €250,000
- Purchase Price: €250,000
- ITP (10%): €25,000
- Notary Fees: €800
- Land Registry Fees: €500
- Lawyer Fees (1%): €2,500
- Gestoría Fees: €400
- Total Additional Costs: €29,200
- Total Price Without Mortgage: €279,200
Mortgage Calculation (70% Loan)
- Loan Amount (70%): €175,000
- Down Payment (30%): €75,000
- Mortgage Arrangement Fee (1%): €1,750
- Stamp Duty (1.5%): €2,625
- Property Valuation: €500
- Total Mortgage-Related Costs: €4,875
- Total Initial Cost: €108,075
- Monthly Payment (3.5% interest over 25 years): ~€875
For a more precice calculation of the cost you face when you buy an apartment, a bungalow or buy a villa in Calpe You can click on the following link to calculate the exact costs, filling in any price and selecting “resale property” and “Valencian Community”: Cost Calculator.
Conclusion
Buying a house in Calpe involves more than just the property price. With additional taxes and fees, buyers should budget an extra 10-15% of the purchase price. Those opting for a mortgage should consider the down payment, bank fees, and monthly payments. Careful planning and financial preparation are crucial to ensure a smooth purchasing process in Calpe. Casas Real will guide you all the way in the process of buying a house in Spain . If you have any questions, please fill out our contact form.
