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Calp · report

Buy or rent in Calp

Renting a 90 m² home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.

Rent per month
€858
Owning per month
€1,041

Try your own numbers

Starting from the average appraised value of €3,269/m², and the mean rent of leases signed in 2024, €9.5/m² a month, in Calp, and a mortgage rate of 3.0%.

Assumptions
90
3
1
Property tax (IBI), insurance, maintenance and the community of owners.
3
What the deposit and purchase costs could earn if invested instead.
7
Transfer tax or VAT, stamp duty, notary and land registry, paid once.

Renting costs less each month than owning.

Rent a month
€858
Owning a month, not recovered
€1,032
Interest
€662
Running costs
€245
Return given up
€125
Cash out a month, if buying
€1,361

The comparison counts only the costs of owning you never get back: interest, running costs and what the deposit and purchase costs could earn elsewhere. Loan repayments build equity, so they are left out. So is any rise in the home's value, because nobody knows it in advance. Rents here are the mean rent of leases signed in the year, from landlords' income tax returns (AEAT); prices are appraised values, not sale prices.

Other reports for Calp

At the average appraised value, a 90 m² home costs €294,165. With 10% down and a 30-year mortgage, the payment is €1,122 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
43%
Payment, one income
85%

Figures for Alicante/Alacant province: Calp has no reliable figures of its own.

80.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
11,334

Figures for Alicante/Alacant province: Calp has no reliable figures of its own.

Buyers living abroad bought 33.1% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
33.1%

Appraised values have fallen by 3% or more 3 times since 2005. The deepest began in Q4 2006.

Deepest fall
−50.0%
Recovery from the low
108 months

18.3% of the 26,156 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
18.3%
Empty homes
4,777