Sell your Javea Property

Record property price increases in 2024

The price of resale properties in Spain rose by 7.5% year-on-year during the second quarter of 2024. This rise gives the average price per square metre as 2,138 euros, according to the latest Idealista price index.  Looking at the quarterly variation, prices have increased by 2.9% in the last three months. With these figures, Spain has reached a new historical high.  This is a generalization of price increases for the whole of Spain, whereas prices increases in Javea and nearby towns on the Costa Blanca have shown higher figures. 

For further information, please copy and paste the following link into your browser.

https://www.idealista.com/news/inmobiliario/vivienda/2024/07/02/818177-el-precio-de-la-vivienda-usada-sigue-en-record-y-sube-un-7-5-en-junio#at_medium=email&at_emailtype=retention&at_campaign=1062&at_creation=news_weekly_20240705&at_send_date=20240705&at_link=m-3-titular-node-818177&at_recipient_id=72471379279&at_recipient_list=3&utm_medium=email&utm_campaign=1062&utm_term=m-3-titular-node-818177

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New law requiring registration of all real estate agents

NEW LAW REQUIRING REGISTRATION OF ALL REAL ESTATE AGENTS IN THE VALENCIA COMMUNITY

We are pleased to confirm our compliance with a new law (Decree 98/2022), which includes a number of obligations affecting all individuals or legal entities who are dedicated to providing advice and intermediation in real estate operations within the Comunidad Valenciana.

From the 16 October 2023, all agents must be registered in the Register of Real Estate Agents of the Valencia Community (el Registro de Agentes de Intermediación Inmobiliaria de la Comunidad Valenciana), and they must fulfill a number of requirements in order to register, including the following.

1)  Agents must be the holders of a surety insurance (seguro de caución) and professional civil responsibility insurance.

2)  Provide proof of accreditation, to demonstrate agents are qualified to perform the real estate activity.

WE ARE PLEASED TO PROVIDE DETAILS OF OUR COMPLIANCE WITH THE NEW LAW:

(In the name of Dawn Patricia Nott on behalf of Javea Casas) 

GENERALITAT VALENCIANA REGISTRATION NUMBER:   RAICV 1230

MEMBER OF A.N.P.I.F.F.  Asociación Nacional de Profesionales Inmobiliarios Financieros y Fiscales:  Reg. Nº  1.964 

INSURANCE POLICIES:

Company:  AXA:  Civil responsibility insurance, policy number 85114094.

Company:  INTERCAUCIÓN AGENCIA DE SUSCRIPCIÓN S.L.:  Surety insurance. Certificado de seguro de caución número 62736804.

ACCREDITATION:  Dawn Patricia Nott is the holder of the following qualification:

"DIPLOMA DE TITULACIÓN AGENTE PROFESIONAL INMOBILIARIO”.

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Between the last half of 2021 and the first half of 2022, property on the Spanish coast has experienced a period of recovery, with active demand and prices which have generally exceeded 2019 levels.

TINSA property report 29 July 2022.

The coastal market has been reactivated after the 2020 brake imposed by mobility problems and the Covid health alert. This is one of the conclusions of the report 'Housing on the Coast 2022' published by the real estate valuation and data group Tinsa.

The coastal areas which have exceeded the national average for prices, sales and visas are located in Ibiza and Alicante (between Denia and Benissa).

86% of coastal municipalities registered annual price growth in the first quarter of 2022. Overall, the average value of housing on the coast (first and second residence) increased by 4.2%.

Please click on the following link to view the TINSA website and to see the full report. "Google Translate” is available if you wish to see the reports in an alternative language.

https://www.tinsa.es/sala-de-prensa/notas-de-prensa/informedecosta2022/

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The leading Spanish property valuation company Tinsa has reported a 6.7 % rise in prices in Mediterranean coastal properties in the last year (December 2018).

The leading Spanish property valuation company Tinsa has published their most recent data concerning property prices, reporting that the on-going recovery of prices across the country continues in all areas and categories.

The year on year increase reported in December 2018 was shown as 6.5 per cent across the country and 6.7 per cent in Mediterranean coastal areas. 

Year on year variation in property prices in the last four years:

2015:  + 2.9 %

2016:  - 1.3 %

2017:  + 5.7 %

2018:  + 6.7 %  

Please click on the link below to see the official Tinsa report showing the table of figures and the full details.

https://www.tinsa.es/servicio-de-estudios/imie/general/diciembre-2018/

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Selling Javea Property

In the last 17 years I have visited hundreds of properties in Negative press always sells newspapers, that is why the average people buying a Spanish property beleive that they can offer 30 – 40% off the price that is asked. This may be true in other parts of Spain, but not here in Javea and Moraira.

Javea, Moraira do not have hundreds upon hundreds of new builds to sell. Most of the promotion and developers build just a few new villas in lovely areas with 20% green zones.

New apartment complex’s have a height limit of two floors and
aticos. No more than 30 apartments are built on each new project. These are normally purchased off plan by families from Madrid or Valencia, then the over seas buyers.

So there is not a huge amount of un sold properties in Javea or Moraira.

Bank repo’s are not that many in this area, look at the areas where there are hundreds and that is where you will find the town halls and developers have been silly for the past 10 years, a long with the greedy bank directors.

Keep your Javea property clean and tidy, free of nasty odors and ask a sensible price. Good luck because if the price is right, you will sell in Javea and Moraira.

Come for a holiday – Stay a lifetime!

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