In the northern part of the Costa Blanca there is a unique town – Javea. It is known for a large amount of sun, sea baths and magnificent mountains. The population of Javea amounts to over 27,000 people and is constantly growing. In addition, it is located in the proximity of Ibiza and Mallorca which also speaks in favour of the city. Moreover, the location between the Cape of San Antonio, Nao and the mountain of Montgó provides visitors with unique views.
Best things to do in Javea
The beautiful old town with a church-fortress of St. Bartholomew from the 16th century is definetely the heart of Javea. Montanar, on the other hand, is a beach district. It includes sandy, stony or rocky beaches with the famous beach bars – the chiringuitos, which offer the most exotic drinks in the world. In addition to the beaches, the Javea Bay has some charming islands e.g. the largest of them is the island of El Portichol. They are called the natural, warm pools that have been formed in the rocks. Additionally, there is a charming lighthouse on the southern Cape De la Nao waiting for the tourists. It is also a place from which you can get to Ibiza in the fastest way. All in all, Javea is loved by holidaymakers, because just after Rio de Janeiro, it is considered to have the second best microclimate in the world. It offers 320 sunny days a year.
Characteristics of the property market in Javea
How much do properties in Javea cost?
Javea's high tourist attractiveness also means higher property prices. The prices of houses and apartments in Javea are higher than in the southern part of the Costa Blanca. However, Javea also attracts more demanding tourists and investors who are looking for comfort. Javea perfectly combines the characteristics of a typical Spanish city with those of a tourist resort. If you wish to move permanently to Javea with your family, you should look for a property near public amenities, such as: schools, kindergartens, nurseries and medical centres. Investors looking for a property for tourist rental will certainly be most interested in apartments, bungalows and houses near the beaches. Buying a property along the coastline will cost the most, but it certainly will be worth it!
Average price for properties in Javea
Average price by square metre for Javea - 1,506 €
Average price for properties in Javea - 636,539€
Who buys properties in Javea?
The convenient living and holiday conditions make Javea very popular both, among native Spaniards and people from other European countries. Javea is also becoming more and more international and therefore, the population of foreign residents is growing every year. Today, as many as 53% of Javea's residents have foreign citizenship - 25% of the population is British and 5% is German. With a growing number of luxury villas and modern apartments, Javea attracts foreign investors looking for luxury, modern architecture and breathtaking views.
33 % United Kingdom
14 % Romania
6 % Germany
5 % Bulgaria
5 % Netherlands
5 % Italy
4 % France
4 % Belgium
2 % Norway
Best areas for an investment
If you are looking for a property that will serve as a convenient tourist base, you should look for properties located near the beaches. Among the most popular beaches of Javea are e.g. Playa La Grava in the fishing district of Duenas de la Marm, which is marked with a blue flag, Playa del Benissero located near Benissa, or Playa del Arenal located in the bay of Javea.
If you are looking for modern, luxurious properties, you should be interested in the Javea Xabia area, where more and more modern developement investments are being built.
265,662 € Javea
595,502 € Javea
623,736 € Javea
641,579 € Javea
839,938 € Javea
859,113 € Javea
Balcón al Mar-Capt Martí
Total numer of housing property transactions in Javea
1st quarter 2018 207
2nd quarter 2018 301
3rd quarter 2018 299
4th quarter 2018 334
1st quarter 2019 240
2nd quarter 2019 240
Prospects for the property market in Javea
The best prospect for the property market in Javea is its' growing population. In 1991 it had about 16.4 thousand inhabitants, while in 2015 it already had 27.681 inhabitants. The steadily growing number of inhabitants, mainly British (they make up about 25% of the total population), makes Javea develop very dynamically. A purchased property in Javea can be used for both - short-term and long-term rentals. 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.
Flats for sale
What convinces people to invest in a flat in Spain, is primarily a very affordable price. Purchasing a flat is a perfect choice for people who do not need a large space, and also for investors who are looking for a property for tourist rentals. The flats available on the Spanish property market usually consist of a few rooms – living rooms, a wardrobe, akitchen or a kitchenette and a bathroom. In addition, the flat often includes a balcony overlooking the beautiful area.
Thanks to a wide variety of offers in Spain, the investors may choose from many attractive flats from the secondary or primary market. There are both, fully furnished flats and apartments in a core and shell state available. By using our website, you can find affordable flats in your dream location - we publish property advertisements in central parts of cities and on their outskirts.
The Spanish property market is full of bargain flat offers. The investors may find properties with a number of amenities there. Here are some of the most popular ones.
A car park
How much do flats in Spain cost?
In financial terms, buying a flat in Spain may be a very profitable decision. Of course, you must be aware that the prices of flats on the Spanish property market will vary depending on their location and size. An attractive location, a large area and many amenities increase the price of the property.
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 flats in Spain?
In the recent years, the Spanish property market has made a name for itself in the eyes of foreign investors. Many foreigners decide to buy a property in the hot south, however their motivations are different. Some people invest with their future in mind – they are looking for a permanent place to live with a family. On the other hand, others are looking for an attractive holiday home or wish to earn money from tourist rentals. Considering the current flat prices in Spain, this purchase will be a great idea regardless of your investment goal.
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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