ValuVillas is a family run estate agency in the Costa Blanca resort of Javea. We have more than 20 years experience selling and marketing property for sale in Javea and surrounding villages and urbanisations.
With our English and Spanish speaking sales staff, we are able to deal with all incoming queries, and over the many years we have been in business we have developed close working relationships with banks, builders, and local planning officials to offer both quality new build luxury villas as well as excellent deals on resale properties and bargain bank repossessions.
With our online network of websites and property portals, we rank on the first page of Google for many key phrases used by searchers looking to buy property in Javea, so regardless of whether you are looking to buy a property, or you have a villa or apartment you wish to sell, don't hesitate to get in touch, we can help!
If you are a European national, you are automatically entitled to residency rights in Spain. Even if you are from a country that is outside the EU, you are able to purchase property and obtain a residency permit allowing you to remain in the country for as long as you want thanks to a 2013 law known as the Golden Visa.
Although Spain has suffered from some difficult financial times in the last few years, 2015 has seen an upturn in the buoyancy of the property market. A crash in the housing market in 2009 meant that although prices were low, there was a total lack of movement in sales all over Spain, although the Costa Blanca was not affected as badly as some areas. Investors who wanted a quick return on their investment looked elsewhere. Market values have remained low, but in recent times investors have once again returned to Spain looking to make a profit. Buying a property in Javea in 2015 is an excellent way to capitalise on your returns with current low purchase prices meaning you can increase your equity by selling at a higher price a few years down the line.
If you have already been through a home purchase process in the UK, you will find buying a home in Javea is a lot less complicated. This is partly because in Javea, it is quite common find a property for sale when it has already been vacated - leaving no chain to complicate matters. Whereas in the UK, buyers often find themselves subject to the purchasing process of others in the chain to move ahead before being able to finally complete the paperwork and exchange contracts, in Spain the process is able to move at a much faster pace. You will, of course, still be obliged to complete relevant paperwork, be in possession of a residency permit and have a Spanish bank account before being able to complete the sale. If you need help with this side of the purchase, a solicitor or lawyer can assist, even if you are still based in the UK.
Everyone has heard a horror story about a Spanish property purchase that has gone spectacularly wrong, however you should not let this cloud your judgement. The fact remains that thousands of property purchases are completed in Spain every year without any difficulties arising. Make sure that you use a reliable estate agent and ensure that your paperwork is thoroughly checked by a reputable lawyer before completing your sale, and you won’t have problems.
That very much depends on what you are looking for. If you are hoping to invest in rental property, choosing a tourist area is vital. The Costa Blanca and Costa del Sol are very popular with holidaymakers and so it should be easy to rent out your home if you are not going to be living there permanently. If you are thinking of moving permanently to Spain, you will need to consider employment options. Choosing a large city such as Barcelona or Valencia will give access to a wider choice of jobs than smaller towns or rural areas where you may be restricted to low paid or seasonal opportunities. If your work is primarily internet based, remember to choose an area with strong broadband coverage as many rural areas are still lacking in this facility. If you are moving to Spain in your retirement, you have more freedom to choose a location that suits your needs and lifestyle.
If you are only purchasing property in Spain to use as a holiday residence, you are perfectly entitled to earn extra income by renting it out for the rest of the year. Profits can be excellent, especially in resorts during peak holiday seasons; however you must remember to add in the extra costs of hiring an agent to handle keys, meeting holidaymakers, rectifying problems and arranging cleaning as well as the legal matters of registering the property with the local town hall and paying the tax due on the extra income.
Many people who have bought property in Spain return to the UK because they have not done enough research. It is important that you look thoroughly into your finances and the location of your chosen property before you take the final step of moving abroad. Too many people rush into relocating to Spain before consolidating their financial position and taking steps to secure employment. There is considerable unemployment in Spain at present and finding a well-paid job can be difficult so you need to form a solid plan about how you are going to fund your lifestyle before leaving the UK.
Many expats also return to the UK because they have unrealistic expectations about the reality of living in Spain. When choosing a property, it is vital to consider what the location of your home will be like during the winter and how easy it will be to get around. A rural property may be wonderful in summer but difficult to access and lonely in winter. Friends and family may struggle to visit you if you live in an isolated area a long way from airports with poor transport connections. Bear these things in mind before you decide that a particular property is perfect for you.
For more information download our free property purchasing guide.