Javea is well known for its stunning beaches, charming old town, and beautiful landscapes. The area has an idyllic Mediterranean climate, a mix of modern amenities and traditional Spanish culture, making it a desirable destination for property buyers desiring a relaxed lifestyle.
In Javea, you can find many properties, including apartments, villas, townhouses, and traditional Spanish fincas (country houses). Whether you're looking for a modern beachfront apartment or a rustic countryside villa, Javea has options to suit all preferences and budgets.
If you're contemplating a real estate investment in Javea, it's essential to remember that flats tend to feature a more confined living area within a communal environment. On the other hand, villas typically offer more space and privacy but usually come with higher maintenance costs. Apartments are often sold in complexes with shared facilities, while villas have independent living areas with personal gardens and private pools.
Apartments in Javea tend to have lower upfront costs and maintenance fees than villas. However, the monthly costs can vary based on location, size, and the specific amenities offered. Villas being larger with private gardens and pools will mean more effort, as you will either have to maintain the property yourself or hire someone to do it, whereas in an apartment with communal pools and gardens, this is arranged for you.
It's essential to consider the initial cost and ongoing expenses when deciding.
The choice between an apartment and a villa often depends on personal lifestyle preferences. Apartments offer a sense of community, convenience, and in many cases, access to shared facilities like gyms and communal spaces. On the other hand, villas provide:
Location is critical when deciding between an apartment and a villa when looking at properties in Javea. Apartments are commonly found in urban or coastal areas with easy access to amenities, restaurants, and beaches. Villas, on the other hand, are more likely to be situated in quieter, suburban, or rural locations, offering tranquillity and picturesque views, but meaning you need transport to get around for day-to-day living.
Various factors, including market trends, location, property condition, and demand, influence resale value. Well-maintained villas hold their value well due to their unique features and private settings. Apartments can also be appealing for their convenience and affordability, particularly for certain buyer demographics. It's wise to consult with a local real estate expert to understand the current market dynamics and whether the property price will rise considerably.
You will have more influence when reselling a villa. If the apartment block has seen better days and the exterior could do with a new coat of paint, there is little you can do about it. However, with a villa, you can invest in some home improvements to increase the resale value before putting it on the market.
Yes, you can rent long-term, but then you will not be able to use the property yourself for the term of the contract. Alternatively, you can rent short term, but for short or holiday lets, you will need to apply for a tourist licence, which may be refused.
You could also buy a property with a tourist licence. Javea's popularity as a tourist destination makes earning rental income from tourists viable. Many property owners rent out their homes during the peak holiday season.