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.
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.
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
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.
International buyers:
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 | Montañar-El Arenal |
|---|---|
| 595,502 € Javea | Centro Ciudad |
| 623,736 € Javea | Partida Comunes-Adsubia |
| 641,579 € Javea | Puerto |
| 839,938 € Javea | Montgó-Partida Tosal |
| 859,113 € Javea | Balcón al Mar-Capt Martí |
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.
A townhouse is a residential building, which consists of one or a few levels. It is located in a compact building. In Spain, this type of property is maintained in a characteristic style, typical for the Mediterranean countries. Townhouses are especially popular in large cities - such buildings can be found mainly on their outskirts. Individual flats usually form a part of a larger complex, the so-called urbanisation. As part of an urbanisation, residents often have access to a shared patio, a spacious terrace or a swimming pool. The popular in Spain townhouses may have 1,2,3,4 and more bedrooms. Therefore, the properties available are of various sizes. Depending on your needs, you can choose a townhouse with an area of 70 m2, 80 m2, 100 m2 and even over 200 m2.
Among the townhouse property offers in the Costa Blanca, there are fully furnished apartments and apartments without equipment. Here are the amenities that this type of property may be equipped with.
Purchasing a flat in a townhouse in Spain is a great choice for people with a limited budget – e.g. property offers on the secondary market at a price not exceeding 100,000 euro! Of course, the cost of a townhouse may vary depending on its location and area. A townhouse in a luxurious, popular urbanisation may be much more expensive than the average price on the Spanish property market.
Average value of property transactions of the free housing market in Spain
The affordable price of townhouses means that both, the Spanish and foreigners are willing to invest in them. Spanish properties have become very popular, especially among the British, Germans, Belgians and Romanians. Townhouses are perfect not only as a permanent place to live, but also an investment. If you decide to buy a flat in a townhouse, in a popular resort and you wish to use it for tourist rental, you can count on a relatively high return on investment in the following years.
Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain
