Foreign property buyers in Jávea 2024: Statistics and trends
The Real Estate Market in Jávea Remains Popular Among Foreign Investors in 2024. But which nationalities are buying the most? The numbers show that the demand for properties in this region continues to grow. In this article, we analyse the trends surrounding foreign property buyers in Jávea in 2024 and which countries play the biggest role in this market.
Foreign property purchases in Jávea
In 2023, a total of 803 properties were sold to foreign buyers in Jávea, marking a 19% increase compared to 2022. The number of foreign buyers in Jávea has risen significantly in recent years, and the trend remains positive. In Q2 2024, 196 properties were sold to foreign buyers in Jávea, a 12.6% increase over the past two years. Despite this growth, there has been a slight decrease of 16.6% in total sales compared to last year.
Below is an annual overview of the number of purchases by foreign buyers in Jávea:
Top 5 nationalities buying property in Jávea (Q2 2024)
In the second quarter of 2024, we see a diverse distribution of foreign buyers in Jávea. The Netherlands remains the largest group, followed by the United Kingdom, Poland, France, and Belgium.
- Netherlands – 57 purchases (a 20.8% decrease compared to last year)
- United Kingdom – 43 purchases (a 10.3% increase)
- Poland – 23 purchases (a 130% increase compared to last year)
- Belgium – 12 purchases (a 36.8% decrease)
- France – 14 purchases (a 39.1% decrease)
One of the most notable trends is the rise of Polish buyers, who have seen a 130% increase, making them the fastest-growing group in Jávea. Meanwhile, purchases from Dutch buyers have declined by 20.8%, indicating a shift in foreign investor preferences.
Distribution of property purchases by country (Q2 2024)
The distribution of property purchases by country in Q2 2024 highlights a clear shift. While the Netherlands remains the largest group, the United Kingdom has gained a larger share due to a significant increase in purchases. Poland has emerged as a strong contender, while countries like France and Belgium have gone down. The graph below provides a visual representation of the distribution of property purchases per country in Jávea for Q2 2024.
Distribution of property purchases by country (Q4 2023)
Comparing this to Q4 2023, some notable differences emerge. In Q4 2023, the Netherlands remained the largest group of foreign buyers, accounting for 31.6% of purchases, followed by the United Kingdom (20%) and Belgium (9.1%). Polish buyers had a smaller share in 2023 but have clearly gained traction in 2024. The graph below illustrates the distribution of property purchases per country in Jávea for Q4 2023, reflecting last year’s trends.
What does this mean for property prices in Jávea?
The increasing demand from foreign buyers has driven up real estate prices in Jávea. The average price per square meter in the Comunidad Valenciana, where Jávea is located, now stands at 1,515 euros, an 8.3% increase from last year. In Jávea specifically, the price per square meter is 2,799 euros, marking a 14% yearly increase. This is a clear indicator that demand for properties in Jávea continues to grow, especially among foreign buyers looking for luxury residences or vacation homes.
Across Spain, a similar trend is visible. The average price per square meter for foreign buyers in Spain is now 2,249 euros in the first half of 2024, whereas Spanish residents pay an average of 1,659 euros per square meter. This difference demonstrates that foreign buyers often pay a premium for properties, a trend that is also evident in Jávea. The rising prices in the region reflect the growing demand from international investors who are willing to pay higher amounts for properties in sought-after locations like Jávea.
Why Jávea is so attractive
Jávea offers a combination of tranquillity, natural beauty, and a mild climate, making it an ideal destination for foreign buyers. Whether it’s for a second home, a vacation property, or even a permanent residence, Jávea has everything to offer. The region is well-connected to major cities like Valencia and Alicante, adding to its appeal for international buyers.
Foreign property purchases in Spain
Now let’s take a look at the broader numbers for Spain. In total, 69,412 properties were sold to foreign buyers in the first half of 2024, representing a 2.1% increase compared to last year. This indicates that Spain remains a top destination for real estate investors and homebuyers.
Top 5 nationalities buying property in Spain (first half of 2024):
- United Kingdom – 5,864 purchases
- Morocco – 5,452 purchases
- Germany – 4,710 purchases
- Italy – 4,332 purchases
- France – 3,939 purchases
The largest group of buyers in Spain remains the United Kingdom, followed by Morocco, Germany, and Italy. The demand for Spanish real estate from UK buyers has increased in recent years despite Brexit uncertainties, while Morocco and Germany take the second and third spots.
Now is the time to invest in Jávea
The real estate market in Jávea remains attractive to foreign buyers. Despite a slight decline in Dutch purchases compared to last year, we see a significant increase in buyers from Poland and the United Kingdom. The rising demand for properties has led to higher prices, but the region still offers great value for real estate investors.
If you are considering investing in a property in Jávea, now is the perfect time. Whether you’re looking for a second home, a vacation residence, or a permanent property, Jávea’s real estate market presents ample opportunities. Contact us to learn more about our available villas, apartments, and plots, and find out how you can benefit from the growing demand in this desirable region.