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Properties In Javea

People throughout Europe choose Spain for relocation, retirement, or holidays. Spain ranks fourth in the list of most popular relocations for British residents, behind Australia, the US, and Canada. The most popular areas of Spain for expats are the Costa Blanca and the Costa del Sol.

Javea is unusual because more than half of the 27,000 residents are foreign. So, anyone moving to the town is in good company, as the large expat community speaks your language. There are plenty of things to do for foreigners, from fundraisers to sports to social get-togethers, and newcomers are always welcome to join in and will soon feel at home.

Javea locals enjoy mild winters and long hot summers. The World Health Organization ranks the climate as one of the healthiest in the world.

Javea is easily accessible by car from Alicante and Valencia airports. If you live in the town centre or the beautiful residential area of Portichol, you will find all amenities within walking distance.

The Javea area has lots of luxury villas for sale, townhouses, and plots for building the modern villa of your dreams.

Buying real estate in Spain is easier than some people believe. There are papers you need to get, but this is straightforward with the help of an experienced real estate agent and a legal representative.

To buy in Spain, you need a NIE (Numero de Identidad de Extranjero). The NIE is a unique ID number needed to carry out any financial activity, like opening a bank account or buying real estate.

Foreign nationals are given an NIE number when registering as a resident in Spain at the Oficina de Extranjeros (immigration office) or a specified police station. Property buyers who live outside Spain can apply for an NIE at the Spanish consulate or embassy in the UK, either in person or through a representative.

Any EU resident can live in or buy property in Spain. Also, since the residency law of 2013, known as the “Golden Visa”, non-EU residents can buy a home and live in the country for as long as they want if they have enough money to invest.

Another way to buy in Spain and stay longer than the usual non-EU residents’ 90-days is to apply for a non-lucrative residency. This visa is given to non-EU citizens with enough money to stay in the country without needing to work.

Initially, the non-lucrative permit lets you live in Spain for one year after entering the country. You can renew it every two years until you have lived in Spain for five years, when you can become a permanent resident.

The downside of this visa is that you cannot take part in any professional or financial activity in Spain. In other words, you cannot work in Spain.

The non-lucrative residency is easy to get and fast to process for those who do not plan to work in Spain. You only need enough funds to support yourself and any dependent family members. The residency is offered if you can prove you have enough money to stay in the country without being a burden financially.

We have heard from some British citizens who are worried that they cannot buy Javea real estate after Brexit, but Britain leaving the EU does not stop you from buying a Spanish home.

As long-established Javea estate agents, we can help non-EU residents with these matters and show you a wide choice of Javea homes for sale.

Yes, not only is it possible, but it is a good idea if you own a property you will not live in full-time and would like to make money to cover yearly costs. However, owners must ask for a rental licence at the Ajuntamiento (Town Hall) for short-term tourist lets. The town hall only sometimes grants permits. The other option is to find a property for sale in Javea that already has a tourist rental licence. You must declare income from rentals and pay tax on the earnings.

When buying a property to rent, it is important to consider its type. Vacation renters usually want to be near the beach and the attractions. A south-facing property is ideal, as most holidaymakers want to enjoy the sunshine as much as possible. While front-line homes with panoramic sea views are always in demand, don’t ignore urbanisation properties. Only some people want the bustle of a lively resort town in the height of summer, and urbanisations like La Corona, Pinosol, and Tosalet are popular among those who want a relaxing holiday.

We advise you to place the property in the hands of an estate agency to clean between lets, make sure renters pay on time, and take care of general maintenance jobs.

Now is the perfect time to buy in many parts of Spain, as Spanish property prices are still relatively low after COVID-19 which caused market activity to slow down. However, if you are hoping for a quick return on your investment, you might be disappointed as property prices in Spain, are expected to rise on average 1% in 2023, with a similar outlook in 2024. Therefore, if you buy and sell within a 2-year period, you likely would not make a profit, considering the taxes and other expenses involved.

The decision to buy a home in Javea or any other location depends on many factors, including your personal financial situation, your long-term goals, and the state of the real estate market in the specific location where you want to buy.

It is worth noting that the Spanish property market has been recovering in recent years,after the disastrous crash of 2007. However, this is just a general trend, and the real estate market can vary greatly depending on the specific location, property type, and other market factors.

Before buying, it is recommended to do thorough research, consult with experts, and carefully weigh the pros and cons. 

However, we have some great value Javea properties for sale, including apartments, cheap fincas, townhouses and villas. Take a look at the properties on our site – there is something to suit every budget and taste.

Javea is a perfect retirement town with a wonderful climate and over 300 sunny days yearly. The cost of living in Javea is reasonably low. Apart from rent or mortgage payments, depending on your lifestyle, a couple can live comfortably on around 1800 euros a month.

In Javea, you will find most winter days are clear and sunny. But the temperatures are unpredictable and can change quite a bit in winter. One day you could be warm enough to go without a jacket, and the next day you might have to wrap up in a coat.

While the town’s main shops and other amenities stay open, some parts of the town that are popular with tourists are quiet, as the bars and restaurants close for winter.

Javea is a resort town, so finding an all-year-round job can be difficult, although easier if you speak Spanish. To find work, you must actively search and don’t fall into holiday mode. You most likely won’t find a job immediately, so make sure you have enough money to keep yourself while searching for work.

Because unemployment is high in Spain, many people set up a business or buy an existing one. Working remotely is another option, but make sure you speak to a professional about the legalities and taxes. In Spain, if you are self-employed you must pay social security each month, and you will pay the same amount regardless of how much you earn.

In Javea, there are many English speakers, so you can get by with little or no Spanish. But the locals will appreciate it if you try! To learn, you can sign up with a language school, or hire a private tutor. Also, it is worth contacting the Town Hall about subsidised lessons. Town hall classes are open to anyone registered in the municipality.

If you join a class, you will meet new people and, once you have some knowledge of the language, it will make life easier for you and the staff when shopping, banking, eating out, or if you need to ask for directions.

Some people find learning a new language easier than others, but trying is what is important. Apps like Duolingo and Rosetta Stone make it easy for you to learn from home in your spare time. Once you start learning, you can chat with the Spanish. A good starting place to practice is in the Javea bars.