Are there finished new builds to buy in Javea?
Yes! And this is where you’ll find our selection.
Ranging from a modest 3 bedroom Ibiza Mediterranean style home, located just a 3 minute drive to the Arenal Beach.
Up to more substantial finished new build luxury villas with 4, 5, 6 bedrooms plus and amazing sea or valley views, large open living areas, top specifications and much more.
How much can I buy a new build villa for?
Sale prices of new build homes depend on the size of the build and plot, the area and infrastructure surrounding the property and its view and orientation.
You can buy a modest 3 bedroom new build home starting in the region of 375,000 euros in Javea for example.
Or pay anywhere starting around 700,000 euros up to well over a million euros, for something more spectacular and luxurious.
What type of new builds are available?
Most finished new build properties available to buy in Javea are independent villas, apartments and commercial units.
A few new apartment blocks are in construction at the moment but apartments tend to sell very quickly – off plan.
What are the running costs?
Yay! You’ve found a new build to buy.
You know how much it will cost to buy but do you know how much it will cost to keep?
It’s a good idea to make calculations of how much regular and periodic bills for your new build will be, taking into account obvious bills like electric and water.
IRNR Non-resident income tax (Impuesto sobre la Renta de No Residentes)
A yearly tax applied to owners of Spanish property, even if they a non tax residents (not official residents of Spain).
Assuming no income is made from the property or is made on Spanish territory. Tax is calculated on the value of your villa at 24,75% of a given percentage of the cadastral value, between 1-2% depending on when the value was established.
For example: If the cadastral value of your villa is 200,000 euros, the IRNR would be 24,75% of 1% = 495 euros.
The exact value depends on your villa’s cadastral value which is shown on a rates (IBI) bill from Javea town hall or Suma in Benitachell and other areas.
IRPF Personal Income Tax (Impuesto sobre la Renta de Personas Físicas)
If you are a Spanish tax resident, in this case you have to pay the IRPF and file a tax return like a Spanish citizen, based on your annual income.
IBI tax for immovable real estate assets (Impuesto Sobre Bienes Inmuebles)
Resident or non-resident of Spain, everybody has to pay this property tax once a year, and in Javea it’s paid to the town hall.
It’s a yearly rates or council tax, calculated on the cadastral value which is usually below market value, and means you’ll pay in the region of 600-2500 euros per year for a villa and anywhere from 250-1000 euros for an apartment or townhouse belonging to a community.
Additional expenses for owning a new build
Rubbish collection (Recogida de residuos sólidos)
Each property owner, whether you own a villa or an apartment, has to pay a contribution towards rubbish collection.
This is 125 euros per year in Javea.
There are payment schemes which can give you a small discount.
Don’t forget to organise and calculate home insurance. Make sure it’s for home and contents; for any eventuality.
Spanish home insurance will be in the region of 180-400 euros a year, depending on the size and value of the property and its contents.
Call +34 966 461 643 now to compare your house insurance quote
Community charges (Gastos de comunidad)
Is paid for maintaining shared, communal spaces, pools, gardens, gyms, tennis courts etc.
A budget, voted each year during a residents meeting which you have the right to be a part of as a property owner, is divided between all home owners. Calculate anywhere between 60-150 euros a month.
Property administrator (Gestor)
If all the above is too much, whether you’re here full time or not, you can employ somebody to do all the necessary paperwork for you. Charged at around 100-150 euros a year.
A property manager will be your eyes and ears whilst you’re not here, and if you are here; they’ll keep your home clean, well maintained and in fully functioning order.
Key in hand: Finished New Build Villas
In and around Javea and Benitachell