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.
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.
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
224,142 € Villajoyosa
Platja Vila Joiosa - Platja de Torres
251,883 € Villajoyosa
401,875 € Villajoyosa
El Secanet-Hacienda del Sol
428,117 € Villajoyosa
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.
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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