Penthouses 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.

Penthouses for sale

A penthouse is an extremely exclusive and comfortable apartment, usually located on the top floor of the building. In addition, very often it consists of two levels, a large living area and is finished to a very high standard. Penthouses in Spain stand out from other properties due to their attractive location. They are often built in the centres of tourist resorts – near service premises, restaurants, cafés and the beach. Of course, a penthouse investment creates bigger costs, however, if you have a sufficient budget, you will not regret this purchase. Your penthouse will allow you to experience luxury in the Spanish style. The large area guarantees the highest level of comfort, freedom and privacy. Be sure to familiarse yourself with the offers of penthouses in Spain on our website - choose from modern, spacious apartments in various locations in the Costa Blanca.

Penthouse Amenities

The luxurious character of Spanish penthouses is manifested primarily in modern equipment and a wide range of amenities. The purchase of a penthouse in Spain is an excellent choice even for the most demanding investors. The property may have access to a private SPA, gym or jacuzzi. The residential building in which the penthouse is located often includes an underground garage. A 24/7 security and reception are standard for the most luxurious properties.

  • A private swimming pool
  • A terrace
  • Sea view
  • Air conditioning
  • A garage
  • A lift
  • Furnished
Modern kitchen in Penthouse
Fully equipped kitchen in Penthouse

How much do penthouses in Spain cost?

Due to their exclusive character, attractive location and large area, penthouses are high-end properties. Be prepared that their price will exceed the average value of properties available on the Spanish market.

 

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 penthouses in Spain?

It would seem that a modern penthouse in the heart of the sunny Spain will only remain in our dreams. Nothing could be further from the truth! Foreigners are increasingly deciding to invest in Spain - in 2018, ca. 13% of all transactions on the Spanish property market belonged to foreign investors. On our website you will find exceptionally attractive penthouse offers in various price ranges. Unawareness of the local property market is no longer an obstacle, our specialists are ready to help! We are happy to advise you on choosing the best property offer and guide you step by step through the various stages of its purchase. Contact us.

 

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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