English-Speaking Lawyers in Calpe
Calpe (Calp), dominated by the iconic Peñón de Ifach, is a thriving international town with a large Russian, British, German and Scandinavian community. The town's dynamic property market, growing tourism sector, and excellent infrastructure make it a prime destination for foreign investment on the Costa Blanca North.
Calpe Real Estate Boom: Record Foreign Investment in 2024
Calpe has emerged as one of the strongest property markets on the Costa Blanca North. In 2024, property transactions in Calpe increased by 12% compared to the previous year, with foreign buyers representing approximately 55% of all sales — one of the highest percentages in the Alicante province.
New residential developments near Playa de la Fossa and the Gran Sol area have driven prices upward, with average prices reaching €2,100 per square metre for sea-view apartments. The luxury segment (€500,000+) has been particularly active, driven by German and Scandinavian buyers.
The rental investment return in Calpe remains attractive at 5-7% for well-located tourist apartments, particularly those with sea views and within walking distance of the Peñón de Ifach natural park.
Foreign buyers should ensure proper legal due diligence, including verification of the Licencia de Primera Ocupación (habitability certificate), community of owners debts, and IBI/basura municipal charges.
Inheritance Law for Expats in Calpe: What You Must Know
Calpe's large multinational community means that inheritance cases frequently involve cross-border elements. Under EU Regulation 650/2012, the default succession law is that of the country where the deceased was habitually resident at the time of death — meaning Spanish law applies in most cases for residents of Calpe.
However, EU nationals can choose the law of their nationality to govern their succession through a "professio iuris" in their will. This is particularly important for British expats post-Brexit, who may want their English or Scottish succession law to apply.
The Valencian Community offers significant inheritance tax reductions for Group I and II heirs (descendants, ascendants, spouse), with bonuses of up to 75% for estates under certain thresholds. However, non-EU heirs may face higher rates.
We strongly recommend all expatriates in Calpe make a Spanish will covering their Spanish assets, separate from their home country will, to avoid costly and time-consuming international probate proceedings.