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Nestled on the stunning Costa Blanca coastline, Javea is a picturesque town in the province of Alicante, Spain. With its pristine beaches, charming old town, and Mediterranean climate, it comes as no surprise that many individuals dream of owning a property in this idyllic location. If you’re considering purchasing a property in Javea, this comprehensive guide will walk you through the essential steps and provide valuable insights to make your buying journey a smooth and successful one.

Define Your Goals and Budget

Begin by clarifying your goals for buying a property in Javea. Are you looking for a vacation home, a permanent residence, or an investment property? Determine your preferred property type, such as an apartment, villa, or townhouse. Additionally, establish a realistic budget by considering your financial resources, mortgage options, and potential maintenance costs.

Engage a Local Real Estate Agent:

Partnering with a reputable local real estate agent is crucial to navigate the Javea property market effectively. An experienced agent will have an in-depth understanding of the local market trends, property availability, and legal procedures. They can guide you through the selection process, arrange property viewings, and provide expert advice on negotiating the best deal.

Property Search and Viewings:

Work closely with your real estate agent to shortlist properties that align with your preferences and budget. Schedule viewings to personally assess each property’s condition, location, amenities, and proximity to essential services like shops, schools, and medical facilities. Take your time during viewings, asking questions and thoroughly inspecting the property to ensure it meets your expectations.

Legal Assistance:

Engage the services of a reputable Spanish lawyer who specializes in real estate transactions. They will help ensure that all legal aspects are in order, review contracts, conduct property searches, and verify ownership and land registry details. Your lawyer will also advise on the appropriate legal structure for the purchase, such as forming a Spanish company or purchasing as an individual.

Due Diligence:

Performing due diligence is essential before finalizing a property purchase. Your lawyer will assist in verifying property documentation, confirming that there are no outstanding debts or encumbrances, and ensuring compliance with local building regulations. It’s also advisable to obtain an independent property survey to identify any potential structural issues.

Financing and Mortgage Options:

If you require financing, research available mortgage options with local and international banks. Understand the criteria for eligibility, interest rates, repayment terms, and associated fees. Consult with financial advisors to determine the best financing strategy based on your specific circumstances.

Offer and Negotiation:

Once you’ve identified your desired property, your agent will help you prepare a written offer. This offer will typically be subject to contract, a satisfactory property survey, and a review of the legal documentation. Your agent will negotiate with the seller or their representative to reach a mutually acceptable price and terms.

Completion and Costs:

Upon reaching an agreement, you will sign a purchase contract and pay a deposit. The final completion usually takes place at a notary’s office, where the remaining balance is settled, and the property is officially transferred to your name. Be prepared for additional costs, such as notary fees, transfer taxes, and legal fees, which should be factored into your budget.

Ongoing Responsibilities:

Congratulations on your new property in Javea! Remember to familiarize yourself with local regulations, community fees (if applicable), and ongoing maintenance requirements. If you plan to rent out the property, ensure you understand the legal obligations and taxation rules for rental income.

There are a few ways to consider when finding properties for sale in Javea, and probably the most common place to start is on the Spanish property portals of which there are many, but below I have listed a few of the main portals that are available.

Kyero
Think Spain
Rightmove
Fotocasa
Idealista
Place In The Sun

So is finding properties for sale in Javea Easy? Well, there are so many portals to choose from and sometimes searching for property in Javea can become confusing, especially when you are sending email enquiries to a number of agents in the same area. Many of these agents will be listing the same property, so it is quite common that viewings are arranged, only to find that clients have already seen the property with another estate agent. Obviously this is frustrating for all parties concerned, and can be a waste of valuable search time.

For this reason I would always suggest trying to work with just one or two agents who can get to know your Javea property requirements, and also bring in properties from other agencies that may be suitable to view. This way it allows you time to build up a relationship with your agent and also will give confidence that you have someone
looking after your best interests.

How do I find a property agent In Javea?

The best way always is a personal recommendation, there is nothing better than talking to someone who has already gone through buying a property in Javea and will have experienced working with agents and lawyers to complete their purchase. If you don’t have any connections with Spanish property buyers, then you can search websites and read testimonials left by previous clients, once you have narrowed down the choice to two or three agents, then make
contact through email initially to explain what you are looking for. A good agent will respond quickly and try and give some advice and options on what is available, if you like what you hear then arrange a telephone call to discuss your plans further and at this point I´m sure you will start to get a feel for an agent that you are comfortable with.

Take a look at our other articles relating to buying property in Javea

Finding the best agent

Reasons to buy a property in Javea

We often get asked what the main attraction to Javea, here are just a few reasons to buy property in Javea, and why it deserves to be on your relocation list

So if we are looking for reasons to buy property in Javea, here are just a few to think about.

Javea has an abundance of natural attractions, there are over 20 kilometers of stunning coastline where you will find an abundance of natural coves, beaches and cliffs. The area also has some of the best scuba diving and
watersports in Spain, which can be enjoyed all year virtually year round due to the excellent climate. Also there are several natural parks such as Granadella and Montgo, where you will find a variety of walks with stunning scenery and
coastal views.

Javea Townhall 2023

Javea Town hall are taking a lot of effort to make Javea an attractive option for house hunters and holiday visitors. For this reason they have invested in connecting the natural features of Javea with a program of gastronomic, cultural and musical activites that can be enjoyed throughout the year. So for 2023, the Javea calendar is full with a cultural agenda that allows every weekend to showcase a variety of theatre, exhibitions and music, including some of the latest emerging artists and groups.

Javea looking Forward

2023 in Javea is set to have a vibrant feel that focuses not only on cultural experiences, but also a high level of sporting events. These events will take full advantage of the Javea´s climate, and also create a haven for professional sporting teams looking for winter training programmes.

Javea already attracts some of the top cycling teams from all over the World looking for winter training on a variety of geographical terrains. So it is also understandable that the level of professional sports such as swimming, sailing and
athletics are increasing each year.

To sum up, Javea is quickly becoming a major area for people looking to work remotely and take advantage of the relaxed way of life, and gives many opportunities to enjoy sporting and cultural activities 365 days of the year. So if you are looking to relocate to Spain, searching for a property in Javea should definitely be on your list.

Here is a basic guideline for the different types of residency options in Spain.

Golden Visa

This Visa is ideal for investors or those purchasing property over 500,000euros, this could be the purchase of 1 property or several properties providing the value exceeds 500,000 euros.
You can apply for this residency and include your Spouse and children under 18 years old.
Another option for this visa is to deposit 1 million euros in a Spanish investment account.
If you live in Spain for more than 10 years, it is possible to gain permanent Spanish residency and citizenship.

Self Employed or Business Owner

If you are looking to start a business in Spain it is possible to apply for residency and include your spouse and dependent children.

To qualify for this residency option in Spain you will need the following.

Funds in place to be able to live and operate in Spain for 12 months
You must spend more than 6 months in Spain

After 5 years of self employed residency you can renew your residency to a permanent resident card.

Non-Lucrative Visa

This visa is becoming one of the most popular residency options in Spain. The non Luctrative Visa is aimed at those who are retired or derive their income from another country, so there are no employment requirements. You can also include your spouse and dependent children

Requirements for this visa are as follows.

You will need to prove you have purchased a property or have a rental contract
It will take around 2 months to obtain the correct paperwork
After the paperwork has been submitted, it will take 3 to 8 weeks for approval of the residency.

As you can see there are various residency options available in Spain, so if you need any information about obtaining residency in Spain please contact us. As you can see there are various options available so if you

Finding the best estate agent in Javea can be a daunting task as there are so many to choose from. There are over 200 registered estate agents in Javea, and it is important to firstly decide on the type of real estate agent you are looking for. Each agency may specialise in certain areas of the Javea real estate business, so it important to do some research into the type of agent you are looking for.
Here are some of the categories available in the Javea estate agent business.

• Listing agents in Javea – Some agencies concentrate solely on listing properties and will then circulate the listings from their website to other agencies who provide them with buying clients.

• Buyers’ agents in Javea – These agencies concentrate on attracting buyers, they will advertise on all the major portals and work in the main on the buyers behalf, viewing properties from their own website listings

• Commercial agents in Javea – Agencies that only deal with commercial real estate, on these sites you will find only real estate such as restaurants, offices, bars and established businesses for sale.

• Luxury real estate agents in Javea – There are many agents in Javea that will concentrate on luxury real estate with prices starting from 1 million euros upwards.

• Property Finders in Javea – There are some agencies that work on a property finding basis, in many cases these people do not have offices and work from home. For this reason, take caution as there are some that have relatively no knowledge of the property market and tend to do this part time. However there are some really good property finders who are registered with offices and also regular estate agencies will also offer this service.

How do I go about finding the best estate agent in Javea?

Here are some ideas on how to start your search for a good estate agent in Javea.

• The internet will give you a vast selection of estate agents in Javea each having specialist knowledge of the real estate business.

• Property shows are a great way to meet agents and talk with them directly before you actually travel to Spain. A good estate agent will take the time to talk to you, and help with your Spanish property search even if you are looking to buy some way in the future. At Signature Villas we often work for many months with some of our clients before we actually find their perfect property in Javea.

• Recommendations from people you know can be one of the best ways to find a good estate agent in Javea. Although just beware of bar estate agents, where friendships are made very quickly over a few drinks and you will be given recommendations for anything from estate agents to plumbers, electricians and builders. The list is endless just like the amount of so called property experts you will meet when visiting Javea for the first time. Many people of course are genuine, and it is up to your own discretion whether to take their advice or not.

• Website testimonials are there for all to see, a good agency will have genuine testimonials and will be able to let you speak directly with the clients if required.

• Does the Agency have a registered office? – A really good indication of a good estate agent in Javea, is if they have a registered office and are SL registered as a company in Spain. Also check if they are a member of an official real estate body such as AIPP or API, if they are, you can rest easy, as they will have many years of real estate knowledge and possess all relevant requirements and insurances to protect your interests.

We often get asked about Spanish Mortgages, so here is some basic information on what do I need to obtain a Spanish mortgage and how you can purchase a property in Spain with help from the banks.

HOW MUCH CAN I BORROW?

This varies from different lenders but a general rule of thumb is 60% LTV for non residents, or up to 80% if you are a tax resident in Spain.

WHAT INFORMATION WILL THE BANK NEED?

The bank will ask you for the following information.
 Proof of income, this can be from salary or pension
 Do you have any savings
 Your employment status

WHAT DOCUMENTS WILL THE BANK REQUIRE?

 Passport or Spanish Nie if you have one
 Credit Check
 Your previous years tax return
 Documents regarding existing loan and mortgage agreements
 3 months bank statements or 6 months if you are self employed
 6 months wage slips if you are employed
 Documentation related to any other assets you may have
 Company accounts if you are self employed

If you have any further questions on what do I need to obtain a Spanish mortgage or would like more information regarding obtaining a mortgage please contact us.

Ultimate Guide to buying properties for sale in Javea