The difference between terraced houses and townhouses
Terraced houses, across our whole web site and property search facility are homes belonging to a community, that may or may not have a pool.
Townhouses are traditional homes in the heart of the urban areas like the Old Town and Port.
Both terraced houses and townhouses tend to be built on a few levels with private patios or roof terraces.
The more modern terraced houses may have a small private garden area and integral garage and tend to be in gated complexes with communal garden and pool facilities.
Townhouses are older traditional homes, some of which have been updated and refurbished and others may be in need of renovation.
Do all terraced houses or townhouses have parking?
Some of the modern terraced houses have large integral garages of up to 60-80 m² which can park up to two to three cars, and still have room for storage or utility areas.
And other terraced houses may have a private parking space in a communal underground parking facility.
Parking spaces are sometimes sold together with townhouses or separately via a private seller, the constructor or the community administrator.
Do townhouses belong to communities?
No. Townhouses in the heart of Javea Old Town and other villages, or the traditional fishermen homes in Javea Port don’t belong to any communities, therefore have no community charges.
Do terraced houses belong to communities?
Yes. Newer style terraced houses in Javea with gated communal areas, pool and or gardens do belong on communities and therefore have monthly charges for maintenance.
Independent administration companies oversee all maintenance, finance and future proposals.
What are the running costs of a terraced or town house?
Yay! You’ve found a property 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 property 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 property
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.
All terraced houses for sale
In and around Javea, including Benitachell and Jesus Pobre