Buying Property in Javea, Spain: A Critical Guide for Expats

Buying property in Javea gives you a chance to own a house in one of Spain’s most beautiful coastal towns.

Expect to find:

• Typical Mediterranean Charm
• Great Climate
• A Thriving Expat Community

Furthermore, acquiring a home here doesn’t just provide long-term value but also comes with the opportunity to apply for Spain’s Golden Visa.

Why Buy a Property In Javea?

See why the Javea property market is so exciting:

Seven Reasons to Buy Property in Javea

Eligibility for Golden Visa

You are potentially qualified for Spain’s Golden Visa. This gives you automatic residency and free movement within the Schengen Area, provided you purchase property in Javea worth €500,000 or more.

Affordable Lifestyles

Javea promises a high quality of life at very inexpensive prices compared to countries like the US, the UK, and Italy. From dining to healthcare, everything is pretty affordable.

Diverse Real Estate Portfolio

There’s something for all tastes and budgets here, including:

• Modern Villas
• Traditional Townhouses
• Sea-View Apartments

Ideal Climate

There is bright, Mediterranean sunshine in Javea; over 300 sun-filled days in each year, with soft winters and warm summers. It is suitable to spend retirement and a holiday here

Long-Term Appreciation of Value

Javea’s property values have generally continued to appreciate over several decades, making it an unmatched stable long-term investment.

Thriving Rental Market

Great opportunities to make money off of renting your home, especially during summer periods.

Excellent Accessibility

It is well-reachable near Alicante and Valencia airports, and it has direct flights to many major cities in Europe and beyond. This makes it easy for international buyers to get here.

Can Foreigners Buy Property in Spain?

Yes! Brits and other foreigners can buy properties anywhere in Javea without limitations. Spanish law on real estate is friendly, and there is no need for previous authorisation to accommodate foreigners.

The Golden Visa further facilitates international investment by offering residency in exchange for crossing the required threshold of property investment.

It is pretty easy for Brits to buy property in Javea. This can be done by researching the local real estate market, which is full of agents who speak English. With a combination of Spanish tradition and modern amenities, Javea is a preferred destination for either permanent relocation or a holiday home.

However, certain financial aspects may require planning. For instance, securing a mortgage may involve a larger deposit or specific arrangements with Spanish banks. It’s recommended to consult local experts and familiarise yourself with Spanish property taxes and legal procedures.

Finding a House in Javea

Javea has a strong property market with many choices for buyers who want to invest. There are luxury villas in El Portet and lovely townhouses in the Old Town, giving various housing options to meet different tastes.

You could begin by searching through trustworthy real estate websites in Spain, such as the following:

• Fotocasa

• Idealista

• Kyero

Local agents are far easier to work with, especially since they know how to help expats. In most instances, agents will provide a virtual tour and detailed help to assist in choosing a property from afar.

If you are visiting in person, looking at possible properties to make sure they meet your needs is a good idea. This helps you check the property’s:

• Condition
• Location
• Neighbourhood

Popular areas in Javea include:

Arenal Beach: A family environment with apartments facing the sea.

Montgó: A pretty area with great views that offers larger houses.

Old Town: A mixture of historic feel and charm, well-blended together with modern comforts.

Upscore’s Benefits

Upscore’s Finance Passport simplifies buying a property in Javea with various tools and services required by foreign buyers:

Numerous Lenders: Compare the deals available from local lenders to decide on the best terms for purchasing.

Remote Application: Apply online for mortgages from anywhere in the world.

Personal Service: Dedicated to helping and advising you each step of the way through the mortgage process.

Free: Upscore will not charge you a single penny; we take our commission from the lenders – at no cost to you.

FAQs

Is It Worth Investing In Property In Javea?

Yes, indeed, Javea has great investment opportunities, considering its excellent location, solid rentals, and historical property value appreciation.

How Much Does a House In Javea Cost?

These can be relatively affordable for small apartments, beginning from about €150,000 and going upwards of €500,000 or even more for luxury villas.

Is It Possible for a Foreign Buyer to Get a Mortgage In Spain?

Yes, Spanish mortgages for foreign buyers are possible. Banks usually finance up to 70 per cent of the value for non-residents.

Do I Have to Pay Taxes When Purchasing a Property In Javea?

Yes, Javea property buyers pay for a purchase that covers a small amount in VAT on new ones or a transfer tax, in addition to notary and registration.

Can I Let My Property to Tourists In Javea?

Yes, but you’ll need a rental licence from the local authorities to legally rent your property to short-term visitors.