Apartments for sale in Villajoyosa

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Properties in Villajoyosa

Villajoyosa is known as a town with fishing and yacht ports, which is located on the Costa Blanca, in the province of Alicante. The town is quiet and very charming. And although there are not many monuments, it offers plenty of interesting attractions. Villajoyosa is famous for its colourful, brightly painted houses, the old town or Arsenal and chocolate. The city is inhabited by less than 34 thousand inhabitants, which makes it a city of medium size, ideal for spending holidays or to live permanently. 

Map of Villajoyosa
City of Villajoyosa

Best things to do in Villajoyosa

The colourful houses on the cliff were a landmark for fishermen returning from fishing. The old town has several interesting gates. One of them is the Roman gate Torre de San Jose. The watchtowers and the system of warning against pirates is also a great attraction e.g. Torre de Aquila, the oldest La Torretta, Torre del Marco, De Baix or De Xauxelles. In addition, the town has preserved its charming old bridges and a Gothic church.

 

However, Villajoyosa is famous for its chocolate, which was imported from Ecuador and Venezuela as early as the 18th century. The local chocolate factories produce a local speciality known in Spain - the chocolate from Churros. It is also worth mentioning that there are two chocolate museums in the city.

Characteristics of the property market in Villajoyosa

How much do properties in Villajoyosa cost?

In Villajoyosa you can buy cheaper properties in the suburbs. In the city centre and around the beaches, you will find very attractive offers of houses and apartments at a higher price. Additionally, Villajoyosa offers a wide range of apartments and houses with swimming pools. Definitely the highest prices will apply to properties from the primary market purchased from developers. However, it is worth remembering that these properties have a higher standard and are located in attractive surroundings.

 

Average price for properties in Villajoyosa:

  • Average price by square metre for Villajoyosa - 2,025 €
  • Average price for properties in Villajoyosa - 226,761 €

Who buys properties in Villajoyosa?

Villajoyosa has less than 35 thousand inhabitants. It is worth noting, however, that according to the national census of 2007, as many as 18.2% of the population were foreigners. The growing number of investments made by foreign merchants allows us to assume that nowadays, foreigners constitute a much larger population of the city. At the same time, Villajoyosa has retained its pristine Spanish character. Villajoyosa is therefore an ideal place to spend your vacation or life. Would you like to escape from the parties and noisy Benidorm? Looking for peace, quiet and Spanish siesta? Here you may relax on beautifully preserved beaches in Villajoyosa, 14 km from Benidorm. 

 

International buyers:

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

Best areas for an investment

Torrevieja is a beautifully situated city along the coast. In the city centre, there are mainly apartment blocks and commercial premises. The farther away from the coastline, the more housing estates there are. Torrevieja offers a huge number of properties for sale, including many bungalows and apartments on the sea or overlooking the sea. Therefore, the most attractive are the properties located in the vicinity of La Mata Beach, Playa del Cura, Punta Prima Beach or Play De Los Locos.

166,731 € Villajoyosa Centro Urbano
224,142 € Villajoyosa Platja Vila Joiosa - Platja de Torres
251,883 € Villajoyosa Plans-Gasparot
401,875 € Villajoyosa El Secanet-Hacienda del Sol
428,117 € Villajoyosa Poble Nou-Montibili

Total numer of housing property transactions in Villajoyosa

  • 1st quarter 2018 172
  • 2nd quarter 2018 214
  • 3rd quarter 2018 172
  • 4th quarter 2018 198
  • 1st quarter 2019 217
  • 2nd quarter 2019 201

Prospects for the property market in Villajoyosa

The town centre is made up of characteristic colourful fishermen's houses. They are the ones that make the town so charming. However, the town has invested heavily in the property market in recent years. The classic Spanish city and its beautiful location attracted numerous developers who invested in the construction of modern and luxurious apartments. That is why you can now choose either a classic Spanish apartment in a charming penthouse or a modern apartment with a high standard. All in all, everyone will find a property for themselves here.

 

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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