Javea Property
Javea property is without doubt one of the most searched for terms on the internet as far as property investment is concerned and quite simply, it's not hard to understand why. Situated in the northern Costa Blanca, between the towns of Denia and Moraira, this charming, ancient fishing port, nestles at the foot of the impressive Montgo Mountain. It enjoys the superb, long, hot summers, and mild winters, so typical of this region of Spain - to the extent that the hillsides above the town are lined with olive and other fruit trees - and its 15 miles, or so, of coastline offers a variety of beautiful sandy beaches and rocky coves.
Active pursuits, including water sports, such as sailing and windsurfing, golf - with two courses in close proximity - riding and rambling are amply catered for. All this and more adds to the allure of the area and why people actively seek to own their own perfect Javea property.
Why Buy Javea Property?
The booming Spanish property market has meant that property prices have risen steadily, across the country, in recent years, but Javea Property is in one of those locations which still offer value for money, whilst retaining an authentically Spanish feel.
In addition, there are restrictions on high-rise developments in Javea.
Javea property is also within easy reach of two international airports - Alicante and Valencia - both within an hour, or so, by car.
Javea Property for Sale
Javea property lies in three distinct districts, each with its own, characteristic atmosphere and flavour. The old town of Javea is traditionally Spanish, with its winding streets and whitewashed houses, the port area of "Aduanas de Mar" includes the bustling fishing harbour itself, and a variety of lively bars and restaurants and the "Arenal" is the largest of the beach areas, hugely popular with tourists.
To buy Javea property you will realistically need €200,000 as a starting price to buy an apartment. A variety of properties are available to buy in all areas, and your choice is really only limited by your personal preferences, and, of course, your budget.
Putting things in Sterling terms, the smallest apartments in Javea start at around £135,000, with a figure of £150,000 more realistic for apartments suitable for couples, or small families.
Villas start at around £270,000, but, again, for a four-bedroom, family villa, with a swimming pool, a minimum of £340,000 is more realistic. The majority of villas tend to be located out of town, making a car something of a necessity.
"Off plan" purchasing is a viable proposition, if you are prepared to wait for 18 months or so for your Javea property to be completed - you can offset the full cost, by paying in instalments, and your Javea property value is likely to have increased by some 15%, by the time it is completed.
Legal Considerations
Purchasing a Javea property, as with any property in Spain is not quite as straightforward as it is in Britain, and you are required, by law, to appoint a solicitor to administer your affairs in Spain. This is a sensible requirement, as a good solicitor - with a good command of English - will be able to explain the process to you, provide documents in English, and save you large amounts of time and effort, from obtaining a fiscal, or NIE, number, through to signing the "Escritura" (contract) before a "Notario" (a government official).
