A complete breakdown of who bought and sold properties in Javea 2023

By Jo Ivory

We started 2023 with great optimism and it didn´t disappoint. This year was a record year for sales at Javea Home Finders. I would like to thank my team for all their great efforts to make this happen.

Amber has proved herself to be a fantastic real estate agent and I´m sure all our clients reading this will agree. Last month I made her the manager of Javea Home Finders and she has proved very effective already in this role.

Valentina has gone from strength to strength with her knowledge of the market, enabling her to provide extremely accurate valuations to potential sellers. She continues to build her knowledge and works all the statistics to ensure we are the leading agent for valuations.

When Oscar joined us it was his first job from College and he has learnt a tremendous amount in the last year, he has taken our marketing to a new level, on social media, drone footage and videos.

I know a lot of our readers like the stats that we provide so here are few that we have found very interesting.

• Average price of property we have sold this year – 520,000 euros (incl. apartments and villas)

Last year it was 440,000 euros - A rise of 18%

• Average age of our buyers – 55 years

Average age of our sellers – 67 years

This is the first year we have recorded these figures, so it will be interesting to see what happens next year, but my overall view is that buyers are getting younger. They are buying holiday homes or property where they can work from home, previously we saw more retirement purchases.

• 75% of our sellers were British

37% of our buyers were Dutch

37% of our buyers were British

16% of our buyers from other countries including America, Belgium, France, Argentina, Germany & Switzerland.

It´s safe to say that the area is proving very popular with the Dutch market, this is a real bonus for towns like Javea, as like the British who previously were prominent to the area, the Dutch enjoy an active social life giving the hospitality sector, that Javea relies on, a great boost!

The Dutch also bring a new style to the villas they buy, updating older properties and making them much more desirable to modern standards and design.

• Government figures show a rise of the average house price in Javea from Qtr 3 2022 to Qtr 3 2023 of 0.7% this is in stark contrast to the same period from 2021 – 2022 of a whopping 15% rise.

It seems that the market is stabilising. If you have read our previous news regarding the 18 year property cycle it would suggest that we still have a while to go before any real down turn is seen. Anyhow the types of buyers we see in Javea are usually buying for a lifestyle choose and often the investment aspect is not taken in to account.

At Javea Home Finders, we wish you a very Merry Christmas and a healthy and prosperous 2024. We are looking forward to working with some more fantastic clients next year, please get in touch if we can help you in your journey of buying or selling here in Javea.