Investing In Javea Villas
If you are thinking of buying a genuine Spanish villa, the best place in lovely Spain is Javea. While Spain promotes prime property in many locations, knowing the exact location for the best property deals will let you save both money and time. The Costa Blanca region is known to have some of the best Spanish beaches and the constant sunshine is also a contributing factor for Javea’s boom as a prime property location.
Javea is especially renowned as a beach vacation destination and because of its extended golf courses, pristine beaches and relaxed pace of life, more retirees are also opting to buy their homes in the area.
UK residents are the most keen investors in Javea property and the major expatriate communities in Javea consist of British citizens. The prices are still low and since the boom has just begun, there are plenty of Javea villas and apartments on sale for serious buyers.
The Javea city council regulates building height quite strictly and because of the stipulated conditions in their policy, high rises in Javea are severely limited in height. This restriction has worked in favour of Javea as a prime property location, because buyers can have a bit of both worlds - old world charm and new world modernisation. Thankfully, Javea is not a concrete jungle and contributes a lot to a convenient and relaxed lifestyle.
Costa Blanca and Costa Del Sol are the most promoted Spanish villa property at present. In comparison to Costa Del Sol, property in the Costa Blanca region is more affordable. The price of a villa in Javea is around 320,000, while in Costa Del Sol, it can cost around 400,000.
The tourism industry growth in Javea is another reason to consider buying a Javea villa or apartment. The property will keep appreciating and since villas are especially in demand, you can rent out your Javea villa while you are away.
While UK investors are highly interested in Javea as a property location, they are not the only ones who are interested in the prime opportunity. Most European nationalities are keen on buying villas in Javea, because of Javea’s close proximity to all main European cities via air travel.
As said earlier, buying a villa in Javea can also provide you with an additional income through renting out your property to tourists. While you can buy your Javea property for your own use, most investors keep their Javea villas as a holiday home and rent it out during other times, earning quite a hefty return on their investments.
March 17th, 2009 at 5:47 pm
Great article! I enjoy reading about real estate around different parts of the world. Maybe some day I will actually get to travel to some of them.