Welcome to the upgraded Javea Casas web site. We have included a few extra features that we hope you will find useful. Please feel free to enter your comments on the site, how it can be improved and any other suggestions that you may have.
It is almost one year since our trip on the Voyager of the Seas. A seven night cruise from Barcelona to Marseille. Visiting, Pompeii, Florence, Rome, Monaco.
Hi XabiaMar owners,
I have created this web log as a centre point for Javea property owners and other people living, working or moving to Javea, to use as a discussion area and to keep everyone updated on news on the Xabiamar complex. Please feel free to add comments and news items on any subject. I have visited, lived and worked in Javea with my wife Dawn, for over 20 years. Please ask us any questions that you have and we will endeavour to answer them.
Best Regards,
Steve & Dawn Nott
Javea, from 26th July, 2006 the pool is now up and running, also electricity in every stairwell ensures no more power cuts. Snagging list is personally attended to by the developer, Rafael Sendra.
Hi Mr. & Mrs. Nott,
We are arranging the sales of the apartments in Xabiamar (Javea). As you know, we have started to arrange the mortgages for all the clients who want to take our mortgages.
CAM knows that the apartments do not yet have the CEDULA DE HABITABILIDAD, the special permission from the town hall. The reason for not having this permission is because the town hall is taking time, because we are in August and because the builder must change some things in the building (like entrances, plots, but nothing relating to the apartments themselves). This is a very usual process in all the new houses / apartments in Javea.
CAM has financed the building of these apartments and we have also controlled the process of the building. We have controlled the quality of the building, the 10 year insurance, which guarantees the quality of building process. We do not have any problem in going ahead with signing the different mortgages for all the clients. If there was a problem, WE WOULD NEVER SIGN THE MORTGAGES.
I would like also to inform you about the actual mortgages and the advantages in cost for all the clients who take our mortgage.
The conditions of the mortgage in CAM are :
Bank commission : 0,50% of the amount to borrow.
Interest rate : EURIBOR+ 0,9% (actually is currently around 4,50%)
Period of time : 20 years (it is possible to change the period)
About the fees and charges of the operation, I am going to compare between our mortgage and other banks:
FEES CAM MORTGAGE (150,000 EUROS )
NOTARY, LAND REGISTRY AND TAXES FOR THE MORTGAGE: 1,466 EUROS PURCHASE TAXES : 1,500 EUROS (1% of the amount) NO VALUATION FEES
FEES OTHER MORTGAGES other banks (150,000 EUROS):
NOTARY, LAND REGISTRY AND TAXES FOR THE MORTGAGE : 4,928 EUROS PURCHASE TAXES: 1,500 EUROS (1%) VALUATION (depending the cost of each bank) CANCEL THE ACTUAL MORTGAGE : 1,000 EUROS (NOTARY, LAND REGISTRY) Also, it is necesary to include the bank opening comission of each bank.
Here you can check the advantages in taking over the actual constructor’s mortgage with CAM, compared to changing to a different bank.
Please let me know if you have any questions or if you need more information.
Kind regards,
Joan Roselló Bas Caja de Ahorros del Mediterráneo Dtor Oficina Internacional Xàbia II Tel.965794414- Fax 966462956 jrosellob@cam.es
Read this before you purchase a property in Javea.
A truly unique penthouse property, situated close to the Arenal area of javea. 360 degree views from the property and its generous terraces.
The main property consisits of a large hallway, leading to large lounge, with feature flooring and doors onto the terrace.
Three bedrooms, master ensuite, large kitchen area with breakfast room, leading to another huge terrace area.
Private internal staircase leads to a one bedroom apartment, lounge kichenette, shower room, leading to a massive terrace, bbq area, with views to El Montgo, the Arenal and southern views.
We offer a free service to find that bargain villa or apartment in this wonderful area called the Costa Blanca. Many of my clients become good friends, this is achieved through our good, open relationship in searching together, for the best properties available. Javea property is very much in demand. From 1987, our instinct to purchase here was very strong and it has proved to be a wise choice.
Prices have soared to levels that are difficult to reach, unless you have a deep pocket. The humble apartments, built in the seventies at a price of between 5.000 and 10.000 pounds are now seeing offers of 190.000 euros or 130.000 pounds. Villas built in the eighties with a price tag of 50.000 pounds are now selling for 350.000 euros or 240.000 pounds. A 3 bedroom apartment off plan in Javea will set you back 235.000 euros or 165.000 pounds. New villas are fetching prices of 500.000 – the skies the limit. If you are looking to purchase an apartment or a villa in Javea, Moraira or Denia, please contact us.
Javea, located in the northern part of the Costa Blanca. The area is also called the Marina Alta. It is a hidden jewel, as described by the many new visitors that discover Javea for the first time. Its clean beaches, charming narrow streets in the old town and the bars and restaurants in the port and arenal area, all add to the attraction of javea. Property prices are a lot less than in the Costa del Sol. Check our data base for the lastest up to date properties in the Javea, Moraira and Denia areas.
Unique villa situated in Javea, a casa del campo. 2 bedrooms, 1 shower room, mains water, 1600m2 plot. Close to Javea golf course.
Happy Christmas to everyone in Javea, Moraira and Denia. During this festive time of year, not too many people will be thinking of buying or selling their villa or apartment in Javea. We would like to take this opportunity to thank everyone that we have worked with in 2006 and we look forward again, towards a good working relationship in 2007. My feeling is that the property market is picking up and we can all brace ourselves for a better year in 2007.
Javea and Moraira property has always been popular with people from Spain, Madrid and Valencia and obviously the northern European countries of Germany, Holland and the U.K. Again a big thank you for your co-operation, helpfulness and professional attitudes. So, here goes….Andres of Javea-Si, Brian of Dolphin Estates, Ian & Diane of Sunsell, Gary & Shay of Denia Developments, Emma, Rebecca and Nicole from Villas-Plots, Pepe and Vanessa of Giuliano Villas, Victoria of Promociones Javea, Manolo and staff at CFXMB, Ant & Sally at Spanish Property Sales, Matt of Infovisionsoftware, Stewart & David from Villa Shop, Monika & Danny from Villalux, David, Lisa and Javiar of VillaMia, Joan of Cam Bank, Lucy, Brian, Carmelo, Amanda, Daniela, Kevin of Vicens Ash, Miguel, Roca, Jaime from BankInter, Felix, Juan Carlos and staff at Sol Bank, Miguel from Inmoart.
All the members of the Sunsell Group, Lia, Tex and Mandy from Javea Homes, Paul, Chris, Laeti and staff at GoinSureit, Pablo and Rosa of BBVA, all the staff at Hamiltons of London, Bingley’s, Inmoexpert, Javea Invest, Premier Homes, House Detectives, Remax, Jay, Debbie and Ashley, Mark & Gemma and Jasmine, Thomas, Jo, Tony, Daniela, Hans, also everyone at Euphony and many, many more who have shown us that 2006 was a good year to work with you all, advise us all and assist each other.
If I have omitted anyone that, may feel that they needed a mention, sorry. It’s my age and there are three good things about getting old, 1st, You can sleep upright, 2nd, You can watch ‘Inspector Morse’ over and over again without knowing the end and I can’t remember the 3rd thing. Happy Christmas and a Safe and Prosperous New Year to you all.
There is a new era of interest, that will see prices soar in the next few years. Promoters and developers are realising the full potential of the property market in Javea and prices are set to climb between 10% – 20% per annum. New complexes are selling 3 and 4 bedroom penthouses from 320.000 euros, plus i.v.a. or v.a.t. The Arenal in Javea is beginning to see the infrastructure of new roads. Street lightings and under ground cables for electricity and mains services are being install to make the way clear for easy access. New luxury apartments are going to be constructed here, priced from 595.000 euros for a 2 bedroom apartment and up to 950.000 euros for a 3 bedroom duplex, that’s expensive, is what people are saying. Nevertheless, the apartments in Javea are selling. The developers are aware of the trend of the purchasers needs in Javea and they are, Location, Quality and Price, in that order.
I remember back to 1995, talking with a Javea estate agent. He was telling me that the Javea town hall was taking building applications for over 2000 apartments in the next 5 years. Where will the buyers come from, he asked? Where is all money going to come from? Where will we all park? Apart from the last question, they have arrived, purchased, sold, reformed and resold. That was over 10 years ago, what has changed? The weather? No. The location? No. The prices? A big YES!
Balcon Al Mar is a district of Javea in Northern Costa Blanca. Many of the properties have sea views and close by is Cabo La Nao. This is the most easterly point of mainland Spain.
Javea property has always been more desirable to purchase than in other parts of Spain.
One of the reasons is the scenery. If you fly into Alicante airport the land scape is similar to that of a desert, dry and dusty and the cement and stone works add to the problem. But drive just 45 minutes north and the landscape changes, after an hours drive on th A7 take the turning off to Javea and you will be meet with green pine hills and valleys full with vines and almond trees.
Lemon and orange trees add sweet blossom scent to the clear air. El Montgo dominates the skyline north of Javea. Villas on the slopes of Montgo are surrounded by pine trees and palms. Driving south to Tosalet and up the hill to Costa Nova the views towards java’s bay are breath taking.
Balcon al Mar is an area very much in demand, because it has many villas with sea views. The little cove of Granadella is just a 5 minute drive to the south, still in Javea. It has small fishermans houses as you reach the cove and the clear water in the bay is ideal for scuba diving and snorkeling.
If you feel like a holiday, Javea is ideal for families and teenagers. Finding a villa to rent close to the Arenal beach is difficult and you will need a car to drive to the Arenal or the port areas. The best location for night life is the Arenal. An apartment within walking distance allows you to leave the car and walk to the restaurants and bars. Once you have been to Javea, you will want to return, many people purchase holiday homes and spend the winter months away from the cold northern European climate. Others leave the grey, dull and depressing UK behind for good and join many expats living the good life.
If you are considering moving to Javea, write your comments here and we will endeavour to answer them.
Rule One. Never, ever arrive between the hours of 20.00h and 08.00h. You may save 50 pounds on the flight, but your will be off to a bad start. Oh, and hire a car, don’t asked to be collected from the airport. Rule Two. At the first opportunity, go to the local supermarket and stock the fridge and larder of your hosts, with all that you will need for your stay, beers, wines, brandies, meat, bread, butter, your favourite snacks…everything! Rule Three. Your hosts are not on holiday, you and your family are. You could go off on a day trip with your family, on your own. Don’t just wake up, shower, eat breakfast then ask your hosts, ‘Where and what have you arranged for us to do today?’ Rule Four. Your hosts may not want to stay up until three in the morning drinking wine and then lie in until midday, your hosts live here all year, you and your family are on holiday. Rule Five. Take your hosts out at least twice in a week, for a special meal, no, not a 7 euro menu at the local Chinese. Remember cooking for you and your family every day is hard work. Rule Six. Never, never ask for a box to take home all the food and the drink that you didn’t use during your visit. This will guarantee, the end of the friendship or family relationship for at least 5 years, if not forever.
Tips for hosts. Encourage your guests to read these six rules, one week before their visit. If they don’t arrive or cancel their holiday…..you would have fallen out anyway!!
It all started with a ‘Welcome’ letter we found in our post box from Jaume, a young man from Benitachell village. He stated in the letter that he would like to start a forum for people new to the area. Jaume and his business partner Miguel Angel would assist new residents with tax, NIE applications, public health care and educational issues, etc. From this introdution letter, we contacted Jaume and he invited us and some of his friends to a traditional Valencian style bbq.
We all met in the Mas y Mas car park at 12.00h on a sunny Sunday in Benitachell. We were introduced to Keith and Sheila, Rolf and Erika and also our party of six, Ian & Diane, Hilary & Nick, Dawn & Steve. The drive to Jaume’s casa de campo was only 2 minutes away and we were all soon sampling the home made sweet wine made by Jaume’s father and the raisins, made from their own grapes and dried in the summer sun.
It was a mixture of 70% sweet muscatell wine and 30% red wine. Jaume pointed out that everything we were going to eat was made with organic produce, chuletas de cordero (lamp chops) home baked bread and locally made chorizos, morcilla or botifarra in Valenciano, (liver and blood sausages). A wheel barrow was loaded in the front garden with wood from grape vines, orange trees and the protected carob tree. Normally there is a hole in the ground, where a wood fire is prepared and a large calderon (pot) is placed filled with lamb, chicken or pork. Left for many hours to cook slowly over the fire and to absorb the smokey flavours.
Another oven in the casa, was also filled with the same types of wood and then both of the fires were lit. We sat in the warm December sun as Miguel Angel arrived to assist Jaume in the preparation and cooking.
The lamb was rubbed with salt and the onions, artichokes and chorizos were cooked in home made olive oil. When the fires were glowing nicely, the food was cooked to perfection. The home made bread was broken into pieces and the feast began. Large slices of onion were filled with anchovies and olive oil, cooked over the fire, perfect dunking the chunks of bread into, a Benitachell specaility. The artichokes hearts were flavoured by the smoke and the taste and texture was wonderful.
As we enjoyed the food and wine with Jaume and Miguel Angel, we chatted about the various topics on the Valencian culture, diet and laungage. Many people living in Benitachell were forced to speak Castellano during Franco’s dictatorship and they are now unable to read or write in their mother tongue. Benitachell or Benitatxell, spelt the Valenciano way, used to be in the region of Javea, however some 300 years ago, the villagers decided to create their own region and town so they founded the ‘Poble Nou de Benitatxell.’ We retreated to the large family casa’s naya room, as the winter sun lost it’s warmth, to end our enjoyable day with melon, desserts and glasses of Baileys.
May we all say a big thank you to Jaume and Miguel Angel, for their hospitality and for giving us the opportunity to sample and taste the flavours of Valenciano life. If you would like more information on the services provided by these two enterprising men, you can contact them by telephone, email or go to their offices in Benitachell.
MG Economistes.
Miguel Angel Garcia Buigues,
Assesorament comptable, fiscal i laboral.
Avda Lepanto, 34 2.n-4
El Poble Nou de Benitatxell
03726
Alacant
Tel-fax: 96 649 3061
Miguel Angel’s mobile: 653 067 401
Email:miquel_gb@hotmail.com
Jaume’s mobile: 636 541 817
Jaume’s email: jpedros81@hotmail.com
Another day in paradise. A visit to some friends house at the weekend, they were clients, but have now become good friends. We were celebrating two birthdays and a bbq and a jamming session was the order of the day.
Warm, sunny weather greeted us on the 3rd December in Javea. We started eating some great garlic chicken wings, pork fillets and a home made paella, accompanied by sweet sauce and salad to add that special extra. All prepared and cooked by our hosts.
The lads have all played guitar, on and off over the years, so we decided to have a bash altogether.
Ant warmed up the crowd with some great solo’s playing Bowie, Paul Weller and some Oasis. Ant is excellent on vocals and guitar, Steve on lead a bit rusty and Ian on bass, had to struggle with the keys we were playing in. He managed very well, considering it was his first time that he had played any of the songs before.
The girls wore wigs and danced and sang chorus, guest singer was Diane and a ballet dancing queen entered the room and performed the Dance of the Butterflies. .
Gerry really going for it!
Great food, fun and great company!
Tosalet in Javea was, as the story was told to me , a pine covered hillside, purchased by Franco’s mistress. She started building a villa there in the sixties and oddly enough, had no problems seeking planning permissions from the local town hall.
Large villas and generous plots are one of the main attractions of Tosalet. Views to the bay of Javea and pine covered hills make this area one of the best in Javea. The residential complex has its own garden rubbish collection every two days, security guards patrol the streets every few hours and there are security cameras.
Obviously, where there is money it will attract crime, but the local police, the guardia and people setting up neighbourhood watch schemes, minimise the risks.
Toscal is another popular area in Javea, its proximity to the Arenal beach and local shops and restaurants make it an ideal location to live all year round and it is excellent to rent a villa here during the holiday periods and throughout the winter, make sure that the property has heating as the winter nights in Javea do get cold, sometimes down to 6 degrees. During the day, we can enjoy warm sunshine and sit outside on Christmas day in 16 degrees, very pleasant. If you enjoy life you will enjoy Javea.
During the summer months in Javea, it is wise to stay close to a pool, the sea and a cold beer. Once the warm days of October and November had settled in, we decided to ascend the Montgo mountain for the third time in 20 years. It proved a harder challenge than we remembered.
Setting off from the Javea to Denia road, drive from Javea up the winding road and when it levels at the top of La Plana and you can see a lane to your left. Drive a few hundred metres and park the car. We were well equipped with good walking shoes, lots of water, a chicken sandwich and a banana. I joked and proceeded to load rope and tackle and a few spikes and a shovel onto my back, this was met with a surprise from our climbing companions and quickly turned to laughter, as I told them in was a gentle climb, needing only good walking shoes and plenty of water.
We started the walk along a gravel path leading to the base of El Montgo. We named this base camp one. The path soon turns into a stony, rocky surface which could easily snap an ankle or break a leg. We were very careful to watch every step and stopped to catch our breaths and to admire the views towards Denia and the bay of Javea. After around an hour of zig zag climbing, the walk bears south around the trunk of Montgo and starts to turn into a scramble across large rocks and narrow foot holds, using our arms to balance. Another 30 minutes climbing and you reach the 753 metre summit.
All the way up we were blessed with warm breezes and the views just got better. At the summit we could see Denia and north to Valencia, west out to sea and south Javea, Gata and Pedreguer. The Penon de Ifach and the Las Sierra Bernia mountain range stretched further south.
We stood on the peak for 15 minutes, just being amazed at the views, lots of photos and a repair to Anthony’s boots, which had decided to loose the soles, we prepared for the easier decent. We still had to watch every step on the way down, but it was a lot less work coming down. The knees and backs of some of the party, started to take the strain and started to ache.
The thought of a cool drink and the paella mixta, that we had preordered at the Amanecer restaurant, kept us all going. Except our tired legs, a few blisters and soleless boots we made it safely back to the cars.
Within five minutes we were seated in the restaurant and the drinks appeared, bread and alioli and a fresh salad were consumed rapidly.
The paella was marvelous and had lots of flavour, it was a little short of content and could have included green beans, butter beans and a little more chicken, but it still tasted excellent washed down with cool white wine and agua con gas. Needless to say it was a great day out and another one they can’t take away from us, whoever they are.
If you fancy a inland country drive from Javea to the village of Jalon, take the third turn left off the main street and travel up the mountain roads until you see a large, old property on your left. You have reached the VerdiVent restaurant and you are in for a real hearty luncheon treat.
Verdi Vents Restaurant, Jalon. Telephone 00 34 96597 3413. Once you are seated with jugs of red wine already placed on the table, you are presented with bowls of a potato dish, mixed with chives, lavender and herbs. also large loaves of freshly baked bread. Next two large serving bowls of a creamy white soup, that had us all guessing what the ingredients were, it was delicious and we were told that it was lettuce!
A short break and plates of oil covered tomatoes and mozzarella cheese were placed on the table. Main course was a choice of lamb on the bone with a moscatel sauce or venison in a red wine sauce. Nine of us chose the venison and it was fantastic. The lamb was also excellent. The sound of guitars filled the air and the popular brothers, from the area, sang and played our favourite Spanish melodies.
The whole day was a wonderful experience,a delightful meal and one that we shall remember for the rest of our lives, or at least a until the next time.
Hi,
Anyone that hasn’t seen this display of light, costumes and culture, must visit Javea. In the last week of July, the festivities of Moors and Christians are held in the Javea Port. Their celebration is relatively recent, but important in the region. These festivities represent the confrontations in the past between these two religious communities. The Christian re-conquest of the land held by the Arabs is commemorated. These festivities are among the most noteworthy, for their spectacular nature.
Mauro Derqui Zaragoza
Situated between the Javea Port and Javea Old Town. A visit to this Javea restaurant is a real treat for the taste buds. Once you settled on your comfortable chair the service is soon noted as being excellent. The waitress attends to the drinks while you choose from a refreshingly different restaurant menu. I hate it when waiters pass you the menus and wander off , leaving you for 15 long minutes, when you could be sipping a good wine. Sofia’s is great for attention, quality and price. I have visited Sofia’s three times in as many months and each meal was extremely good. Open 17.30h to 22.00h. Monday through to Saturdays, closed Sundays and Mondays during December and February. Avda del Pla, 20, Javea, 03730. Alicante. Spain. Tel: 96 646 2903
If you have recently dined at a good restaurant in Javea or nearby, please write your reviews and remarks here.
We have just visited a new restaurant in Javea, opposite the well known Mesena restaurant, telephone 96 579 3764, which has good food and great service.
The new Bon Amb, visited in September, 2011. It was a real disappointing night, very expensive food that wasn’t worth the prices asked. I don’t like to report on negative venue’s, as they have spent a lot of money on the property and the gardens. They just have not got the food right, which is why we went there after all, a real shame.
We were tempted to try it for a second time, in April 2012.
Bon Amb is expensive, and the portions are small, but the presentation, the flavours, the ambience and service are all outstanding. There is an excellent wine cellar.
They have set out to make this a top class venue, and they have so far succeeded. It will not appeal to everybody’s palate or their wallet.
Carretera de Benitachell 100, JAVEA
Tel: 965 084 440
Email: reservas@bonamb.com
Visited April, 2012
Image by Omar Franco
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!
The leading Spanish valuation company Tinsa has published their latest report on Tuesday 17 July 2018, relating to residential property values. The average price of housing in Spain increased by 6.4% year-on-year in the month of June 2018, driven by the "capitals and large cities" and by the "Mediterranean coast", which show an increase of 10.2% and 7.4% respectively.
While the latest average price is still calculated to be 35.7% lower than the peak reached during the boom in 2007, it now 12% higher than when the market bottomed out in February 2015.
After the first 6 months of 2018, Tinsa describe the increase in property values as "dynamic”.
Here is a link to the Tinsa report. You can download the report by clicking on "descargar informe" or scroll down the page on the link below, to see the figures for the Mediterranean coast under the section "Variación interanual en los últimos 12 meses" (interannual variation for the last 12 months):
https://www.tinsa.es/servicio-de-estudios/imie/general/junio-2018/
……………………………………………………………………………………………………………………………………………
Tinsa IMIE junio 2018: + 6,4%. 17 julio, 2018
Las capitales y grandes ciudades toman impulso y se encarecen más de un 10% en tasa interanual en junio 2018.
El precio medio de la vivienda terminada en España se incrementó un 6,4% interanual en el mes de junio, impulsado por las "Capitales y grandes ciudades” y por la "Costa mediterránea”, que se revalorizaron un 10,2% y un 7,4%, respectivamente.
Descargar informe:
https://www.tinsa.es/servicio-de-estudios/imie/general/junio-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/
We are however continuing to work remotely from home, dedicating our time to answering any queries you may have and we will be pleased to provide further information for any properties on our website which you think might be of interest.
I have lived in Javea for 26 years and our Javea Casas website has been established for over 20 years. Our website includes directly listed properties and in addition we have listings from approximately 25 collaborating estate agencies, whose properties are sent automatically and every day, directly to our website. We therefore have a large selection of properties to offer you, in local towns such as in Javea, Moraira, Benitachell and Jesus Pobre. Please do not hesitate to contact us, we will be delighted to hear from you. Keep safe and well. Many best wishes, from Dawn Nott.
The leading Spanish property valuation company Tinsa has published their analysis of the property market for the Alicante coastal region of the "Comunidad Valenciana”, reporting an on-going recovery of prices, with an increase of 2.7 % during 2019.
This is an overall increase of 14.4 % since the lowest prices were recorded after the financial crisis of 2007 – 2008.
The current prices remain 37.8 % lower than when they were at an all-time high before the market crashed. Prices are still relatively low, however they are slowly rising, which creates an opportunity for an excellent financial investment during 2020.
Please click on the link below to see the official Tinsa report, showing the table of figures and full details. Scroll down to the section headed "Tinsa IMIE Mercados Locales” (page 10) to see details for the Alicante coastal region.
https://www.tinsa.es/servicio-de-estudios/imie/mercados-locales/cuarto-trimestre-2019/
Pedro Sanchez, the Spanish prime minister, has announced a four stage plan which will gradually ease our confinement and if all goes well this will take us to a "new normality" by the end of June 2020. Great news.
For further information please take a look at The Citizens Advice Bureau Spain website by clicking on the following link. https://www.citizensadvice.org.es/faq/coronavirus-way-forward-to-new-normality/
Another good source of information in English is the Spanish newspaper El Pais. https://english.elpais.com/
I have lived in Javea for 26 years and our Javea Casas website has been established for over 20 years. Our website includes directly listed properties and in addition we have listings from approximately 25 collaborating estate agencies, whose properties are sent automatically and every day, directly to our website. We therefore have a large selection of properties to offer you, in local towns such as in Javea, Moraira, Benitachell and Jesus Pobre. Please do not hesitate to contact us, we will be delighted to hear from you. Keep safe and well. Many best wishes, from Dawn Nott.
TINSA Spain research reports have shown the average price of finished homes (new and used) registered increases year-on-year, as reported by the TINSA research team. The following increases were shown for the Mediterranean Coastal region, which stands out with some of the highest increases in the average price in the inter-annual rate.
May 2021 + 3.2%
April 2021 + 5.1%
March 2021 + 0.1%
February 2021 + 2.3%
January 2021 + 0.1%
Please click on the following link to view the TINSA website. "Google Translate” is available if you wish to see the reports in an alternative language.
https://www.tinsa.es/servicio-de-estudios/
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/
1. In times of political and economic instability (war, stock market crash, global pandemic, bank runs, high inflation, etc.), gold and real estate are king as traditionally they act as safe havens where savers shelter their money to weather the storm.
2. Staves off inflation. At a time when central banks have (irresponsibly) printed money to no end, vastly increasing the monetary mass which in turn has led to inflation spiralling out of control worldwide, real estate offers by contrast a placid solace to deposit your life savings. Savings sitting idly at a bank are devoured by rising inflation, losing value every year.
3. Tangible asset. Real estate is a tangible asset that you can touch, feel, and see any time of the day. This acts in sharp contrast to ethereal investments, such as crypto currencies and other intangible assets, which are really never under your control, hard to understand, and even harder to monitor.
4. Security. The laws in Spain offer property owners a solid legal framework which protects and upholds their rights as behoves a modern European democracy. In several regions of Spain (i.e. Madrid, Andalusia, Galicia, etc.) inheritance tax and wealth tax have been suppressed. These regions have also slashed property transfer tax and stamp duty on buying property.
5. Capital growth. It’s no secret that real estate always appreciates in the long run. Unlike other volatile investments (such as stocks, bonds, and mutual funds) which undergo huge fluctuations, real estate offers a constant and gradual increase of value over time. Property prices in Spain have risen by 16% over the last five years (and even by two digits year-on-year in some sought-after areas, such as large cities (i.e. Madrid, over 40%) and coastal areas (i.e. Marbella, 40%). You really don’t need to invest in Bitcoin to strike it rich, just stick to the basics.
6. Generates passive income. Rental yields in Spain have soared by two digits over the span of three years. Spain is the world’s second tourist destination creating a huge pentup demand for holiday accommodation. Investing in property, and collecting the rent, is indeed a (very) profitable business in Spain. For long-term rentals, you can expect a net yield of 5% a year; for holiday accommodations it’s over 10%. They don’t call them ‘landed’ gentry for nothing!
7. Equity leverage. Investing in real estate allows you to leverage your equity over time. In plain English, this means that if you finance a property with an investment loan, the amount of money you borrow will eventually be less than the value of the property once it appreciates over time. After some years, you can refinance and use some of the additional equity to invest further in other properties. This strategy is ideal for investors who want to play it safe and adopt a long-term investment strategy, building up a healthy property portfolio over time.
8. Source of cash flow. Rented properties generate a constant revenue stream for their owners. Landlords may use the collected rent to pay overheads and other property maintenance expenses - including monthly mortgage repayments! In a nutshell, a wellchosen property pays for itself!
9. Generous tax deductions. Unbeknownst to most people, Spain offers lenient tax allowances which in effect reduce a landlord’s tax bill by 70%, or more (applies only to EU residents). You can offset all property maintenance expenses, including your lawyer’s fees (to calculate the rental tax) and mortgage interests! Once deducted, property offers great returns on investment.
10. Strong dollar vs. weak euro. This advantage is unique to those investors holding US Dollars. Due to the lack-lustre and reactive performance of the ECB, the US Dollar has strongly appreciated against the Euro over the last months creating unique buying opportunities. In plain English, never before has Spanish property been cheaper and more appealing to savvy US Dollars holders. Not to mention that buying property opens the door to a coveted Golden Visa, which allows unfettered access to the Schengen Area (27 countries). When you combine soaring rental yields and capital growth, you reach the conclusion that Spanish real estate is delivering a safe two-digit return year on year.
(As published 10.5.23 on "Idealista” under the "news” section).
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”.
Property for sale in Javea / Xabia
Our Javea Casas website was first established between 1998 and 1999. For approximately 25 years we have helped our clients to buy property in Javea / Xabia and sell property in Javea / Xabia.
Please take a look at our testimonials, including details from a selection of our clients who have commented on their personal experiences, when buying and selling property in Javea, Moraira and Benitachell. We specialise in these areas and we have been working with numerous collaborating agents for many years.
We can help you to buy or sell your property, with the help of our large network of collaborating agents.
We would be delighted to hear from you, if you are looking for property for sale in Javea / Xabia (villas / houses, apartments, townhouses, building plots, commercial premises in Javea, etc.
Please contact us with regard to any queries you may have, or information you may require, when buying or selling property in Javea.
Looking forward to hearing from you.
Dawn Patricia Nott
Javea Casas
Telf. +34 609711887
Email: sales@javeacasas.com
GENERALITAT VALENCIANA AGENCY REGISTRATION NUMBER: RAICV 1230
Onroerend goed te koop in Javea / Xabia
Onze Javea Casas-website werd voor het eerst opgericht tussen 1998 en 1999. Al ongeveer 25 jaar helpen we onze klanten bij het kopen van onroerend goed in Javea / Xabia en het verkopen van onroerend goed in Javea / Xabia.
Bekijk onze getuigenissen, met details van enkele van onze klanten die commentaar hebben gegeven op hun persoonlijke ervaringen bij het kopen en verkopen van onroerend goed in Javea.
We horen graag van u, neem contact met ons op voor vragen of informatie die u nodig heeft bij het kopen of verkopen van onroerend goed in Javea.
Voor villa's, huizen, finca's en appartementen te koop in Javea / Xabia kunt u contact opnemen
Dawn Patricia Nott
Ik kijk ernaar uit iets van je te vernemen.
Telf. +34 609711887
Email: sales@javeacasas.com
Propriété à vendre à Javea / Xabia
Notre site Web Javea Casas a été créé entre 1998 et 1999. Depuis environ 25 ans, nous aidons nos clients à acheter une propriété à Javea / Xabia et à vendre une propriété à Javea / Xabia.
Veuillez consulter nos témoignages, en donnant des détails sur certains de nos clients qui ont commenté leurs expériences personnelles lors de l'achat et de la vente d'une propriété à Javea.
Nous serions ravis de vous entendre, veuillez nous contacter pour toute question ou information dont vous pourriez avoir besoin lors de l'achat ou de la vente d'une propriété à Javea.
Hâte de vous entendre.
Dawn Patricia Nott
Jávea Casas
Telf. +34 609711887
Email: sales@javeacasas.com
www.javeacasas.com
