Property with renovation potenital in Javea - Signature Villas Estate Agents

With our experience in the property construction industry, we understand the benefits of buying renovation property in Javea. Obviously one of the major factors is the buying price which can be considerably lower and this is where we have to be clear on how much needs to be spent on reforming the property. This figure will always be determined by the buyer as to the extent of which he wants to go with any renovations.
There are good opportunities to buy villas for renovation in Javea, there are a good number of properties for sale in javea and there are many older traditional villas ideal for renovation which were built 40 years ago as holiday homes and have in general been neglected or left empty for many years. Prices for a renovation villa in Javea start from around €200,000 and renovation costs have to be calculated carefully to ensure the property will not out price itself when completed. In general for a small villa with pool the cost would be anywhere between €70,000 and €100,000 and for larger villas up to €500,000 depending on finishes.

Where is the best area to find property to renovate in Javea?

Well there are no large new urbanisations in Javea so there are several areas where you can find good villas to renovate in Javea, good areas to search are Tosalet, Toscamar, Adsubia, Balcon Al Mar, Costa Nova, and for apartments to renovate in Javea, search Javea Old Town, Javea Port and Javea Arenal areas.

How do I find a builder in Javea?

There are many construction companies, but much the same as the UK, one of the best ways to initially get a short list of builders is to ask around for recommendations, there is nothing better than speaking to someone who has had work carried out by a construction company. Also ensure that they are a registered company and can provide tax invoices and give guarantees for their work.

Can I offset build costs against Capital gains when I come to sell?

Yes you can, providing you have all written invoices with tax and company registration numbers you will be able to offset building costs against capital gains.

How long will it take to renovate my villa in Javea?

This depends on the extent of work to be carried out but generally for an average 3 bedroom villa with pool it will be around 3 months, for larger 5 or 6 bed villas maybe 5 or 6 months.

Can a swimming pool be installed?

Yes, providing the plot size is big enough and all requirements are met to obtain a license from the local Javea town hall planning department, usually this would be done at the same time as the application for the building work.

Will renovating a villa in Javea be a good investment?

Yes but there are factors that come into this, buying price and build costs are vital, but you can estimate that you will increase the property value around 25/30%, so for instance purchase price at 200k, 80,000 renovation costs, the property value selling price would be around 350,000.

Apartments to renovate in Javea

There are obvious advantages to renovating villas apartments or townhouses in Javea but care has to be taken and a thorough investigation of local planning rules and regulations has to be done before you commit to buy a property to renovate.
When you are looking to renovate an apartment in Javea, it is important to consider some of the following points.

Does the property have good Access?

It can be difficult to get access to some apartment blocks, especially in Javea Old Town, or Javea Port, with narrow streets it is vital that you check access to the property as you may find that the road is either too narrow for materials to be delivered or may have parking restrictions during working hours. You will have to apply to the town hall for a permit for any waste containers and even then there may be time restrictions.

Are there any restrictions on working hours within the apartment block community?

Yes, most definitely in most of the apartment blocks there will be some restriction on working hours, certainly between the hours of 2.00pm and 4.00pm which are the traditional siesta hours.

Will I need a building license?

Yes you will need a license and permit to carry out any major renovation works to an apartment in Javea, this is obtained from the local town hall and your architect or builder will apply for this.

How much will a building license cost?

This is difficult to say exactly because it is calculated on the costs of the building work, in some cases a small works license will be sufficient which could be approximately 2,500 euros, for more extensive works this figure will increase.

Listed buildings in Javea Old Town

If you are looking to renovate an apartment in Javea Old Town be sure to check if the building is listed, you may find that you have restrictions on the type of work you carry out and the materials used, this in turn could result in higher building cots.

Will renovating an apartment in Javea be a good investment?

Yes most definitely, renovating an apartment in Javea will be an excellent investment, not only will you get the apartment exactly to your own requirements but the value will increase significantly.

Does a lift make a significant difference to purchase and resale values of apartments in Javea?

Yes, this is a plus when searching for apartments, a lot of the older blocks will not have lifts, but be sure to check if there is a possibility to install one because there are incentives from local authorities to help with the installation. It may only be a case of the residents association coming to an agreement to start the ball rolling.

What are the best areas in Javea to find apartments for renovation?

The best areas to find apartments to renovate in Javea are, Javea Old Town, Javea Port and Javea Arenal.

Architects in Javea

There are many reputable architects in Javea below are contact details for one we can highly recommend.

SERGIO TOMÁS ARCHITECT IN JÁVEA
965 790 445
Avda. del Pla, 130 – ofi 1.04
03730 Jávea (Alicante)
Website

There are many reputable architects in Javea below are contact details for one we can highly recommend.

€349,000

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Ref: SV1979

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South Facing family villa with renovation potential, Rafalet

5 3 279m² 903m²

Ref: SV4535

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€549,000

Villa for sale in Costa Nova

7 5 350m² 820m²

Ref: SV3990

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Property with renovation potential in Javea

Apartments to renovate in Javea

Listed buildings in Javea Old Town

Architects in Javea

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