Townhouse for sale in Oliva

Location
Spain
Market
Price (€)
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Property area (m2)
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Plot area (m2)
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Bedrooms
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Offer is

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.

Townhouses for sale

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.

Townhouse Amenities

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.

  • A private balcony
  • A fitted kitchen
  • A garage
  • A swimming pool
  • Air conditioning
  • Panoramic view
Furnished townhouse in Spain
Furnished, cosy townhouse in Spain

How much do townhouses in Spain cost?

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

  • 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 townhouses 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

  • New housing – 257 460,2
  • Second hand housing – 157 209,7
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