Luxury Apartments for sale in Oliva

Location
Spain
Market
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Lack of offers meeting the criteria.

Properties in Oliva

Oliva is a small town in the region of La Safor, which is inhabited by about 25 thousand people. The town has fully preserved its Mediterranean climate, although it is not a typical port town since the nearest beach is located about 6 kilometers from the centre of Oliva. However, the city was deliberately located in a place inaccessible to strangers due to the fear of Berber pirates. Today, defending against the invaders is not very effective. There are no more buccaneers, but there are tourists and hence, this location is a great option for property investors.

 

In addition, the town is located near the big cities and therefore is known for its almost perfect ground and air transport. There are two airports nearby – the airport in Valencia and the airport in Alicante.

Map of Oliva, Spain
Beach in Oliva, Costa Blanca

Best things to do in Oliva

Oliva's beautiful location on the eastern slope of Santa Anna Hill is a beautiful showcase of the city. The remains of the chapel and the castle give the town a historic character. In addition, Oliva provides visitors with its characteristic climate of the Mediterranean town, which has preserved its originality and naturalness. In Oliva, you may not only admire the orange groves and rich vegetation, but also take part in the numerous cultural events, which integrate the local community and arouse great interest among visitors. In addition, there are many museums, e.g. archaeological and ethnological museums.

Characteristics of the property market in Oliva

How much do properties in Oliva cost?

Oliva is located in the northern part of the Valencia region. The town is not big and therefore, the city has a limited number of properties. The average price of property in Oliva is lower than the prices in Valencia, which is located about 50 km away. The most expensive properties can be found in the city centre, including mainly apartments in multi-storey buildings. In Oliva one can also buy luxury, modern villas, which are located in close proximity to the sea. On the other hand, Oliva is also a place for people who are looking for properties at attractive prices. A large selection of flats and small bungalows in Oliva are a real treat for those interested in cheap properties in Spain.

 

Average price for properties in Oliva:

  • Average price by square metre for Oliva - 1,501 €
  • Average price for properties in Oliva - 202,587 €

Who buys properties in Oliva?

Oliva is a very attractive place for foreign investors to buy property. If you want to move here with your whole family, we encourage you to buy a property in the city centre. Oliva is filled with beautiful apartments and convenient flats at very attractive prices. On the other hand, if you are looking for a property in which you will spend your vacation and you use it for tourist rental, then we encourage you to purchase a property in close proximity to the sea.

 

International buyers:

  • 33 % United Kingdom
  • 14 % Romania
  • 6 % Germany
  • 5 % Bulgaria
  • 5 % Netherlands
  • 5 % Italy
  • 4 % France
  • 4 % Belgium

Best areas for an investment

The most attractive investment area is the city centre, which includes apartments and flats in 3 or 4-storey buildings. The city centre is quite modern and easy to drive in by car or public transport. Another attractive place to invest in is the western part of the city, which leads to the coastline. It consists of a variety of villas - rich exclusive villas or small single-family houses. Therefore, if you are looking for a quiet residential area in the suburbs with close proximity to the sea and the city centre, Oliva will be a great place to invest in.

120,038 € Oliva Oliva Pueblo
191,399 € Oliva Platja de Oliva
227,974 € Oliva Oliva Nova

Total numer of housing property transactions in Oliva

  • 1st quarter 2018 149
  • 2nd quarter 2018 195
  • 3rd quarter 2018 142
  • 4th quarter 2018 218
  • 1st quarter 2019 117
  • 2nd quarter 2019 159

Prospects for the property market in Oliva

Oliva is not a typical tourist town, and therefore foreign investors who opt for a property here are primarily people who plan to settle here for longer. Thus, the property market in Oliva is quite stable and buying a nice property here should not be a problem.

It is predicted that properties located on the Spanish coast and in tourist centres will enjoy the greatest interest. The high rate of return on investment of up to 10.5% (data from the Spanish Central Bank) should be a big incentive for foreign investors.

Apartments for sale

Apartments are usually associated with great freedom and space, and these are the main features that define this type of property. The modern design of the rooms and the increased standard of the apartment are also very important. Therefore, apartments should be spacious due to the appropriate height of the premises and a large area. There is no clear definition as to what area the apartments should have and therefore it is possible to find apartments with an area of 100 m2 as well as 70 m2. When it comes to apartments for 1 person, the apartment may be just 60 m2. An important requirement is the division of space into day and night zones. In addition, the apartments may have a wardrobe, several bathrooms, a balcony, a terrace or a garden. Apartments are mostly found in central districts, as well as in newly built housing estates. The location of the apartment should be prestigious and comfortable. There should be shops, galleries, cultural and entertainment facilities in the area.

Apartment Amenities

Apartments in Spain include a wide range of free indoor and outdoor amenities. The offer also includes fully equipped apartments, with all the appliances you might need.

  • Central heating
  • Air conditioning
  • A swimming Pool
  • A private Balcony with outdoor furniture
  • A car park
  • Lifts
  • Adapted to the disabled
Apartment in Spain - interior
Apartment interior

How much do apartments in Spain cost?

Do you want to know the average price for an apartment in Spain? The prices of apartments in Spain are of course very different, depending on their area, attractiveness and location.

 

Average value of property transactions of the free housing market in Spain

  • 1st quarter 2018 145 297 €
  • 2nd quarter 2018 149 582,4 €
  • 3rd quarter 2018 152 095,1 €
  • 4th quarter 2018 153 179,7 €
  • 1st quarter 2019 152 023,4 €
  • 2nd quarter 2019 154 487,8 €

Who buys apartments in Spain?

Apartments are properties, which are very attractive not only for the Spanish but also for foreign investors. Due to the higher standard of the apartments and their attractive location, they are generally more expensive than ordinary apartments. Therefore, if you plan to buy an attractive apartment in Spain, you have to be prepared for a higher price than the average value of the property on the open market.

 

Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain

  • New housing – 257 460,2 €
  • Second hand housing – 157 209,7 €
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