Studios for sale in Villajoyosa

Location
Spain
Market
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Lack of offers meeting the criteria.

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.

Studios for sale

Investment in a studio apartment is an ideal solution for a young couple, a single person, as well as investors looking for properties for tourist rentals. Studio is a kind of a bedsit, that is why these types of properties usually have a slightly smaller area. However, in this respect, the offer of studio apartments in Spain is very diverse - there are properties with an area of ca. 40 m2, 50 m2, 60 m2 and larger. Studios are also called large areas, which have been adapted in the attic or the loft. It also happens that after the demolition of partitions, two-room flats are converted into a studio-type premises. However, they are larger and more spacious than a typical one-room flat.

Studio Amenities

In our offer you may also find studio-type premises from the Spanish primary and secondary market – both, fully furnished and those that you may arrange yourself. The properties on our website are very attractively located. We offer studios located near the beach or in the city centre. The attractiveness of individual properties is increased by additional amenities.

  • Furnished
  • Sea view
  • A car park
  • A fitted wardrobe
  • A private balcony
  • A kitchen with appliances
Studio apartment - outdoor amenities
Studio with outdoor amenities

How much do studios in Spain cost?

Studio properties in Spain are definitely very affordable. On our website you may find studio offers that do not exceed 50 thousand euro! However, it should be noted that the price of this type of property depends on the area, location and available amenities.

 

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 studios in Spain?

Due to the attractive price conditions, studio properties on the Costa Blanca arouse the interest of not only Spanish but also foreign investors. It is worth mentioning that about 13% of all sales made on the Spanish property market belonged to foreigners. The amount of interest should come as no surprise. According to the data from the Spanish Central Bank, investors may expect a return on investment of 10.5%.

 

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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