BJ6508300 - Villa in Jávea
Villa - Jávea
“Villa Island View” is a traditional Spanish villa, located right in the heart of La Barraca, the renowned prestige suburb of Javea. It is located half way up the hill from the beach, and has a fantastic sea and island view from nearly every room in the house, one of the best views in the entire La Barraca area.
Additionally, the villa is positioned inside the La Barraca summer security zone. This means unrestricted car access for the owners and their guests at all times, whereas most beach visitors are forced to park much higher up the road, with only on-foot access to the beach.
Originally built in 1985, the house comprises 4/5 bedrooms en-suite with 6 bathrooms in all. There is a constructed area of approximately 215m2 on a wide and sloping plot of just under 1000m2 area.
There is also an 11 metres kidney shaped pool, a garage, terraces, a storeroom, and off road parking for up to 5 cars.
The house has been in the hands of the present owners for more than 10 years. They have successfully run it as a holiday rental villa for most of that time, but now wish to sell and down-size to a property of a more appropriate size for only 2 people.
As you can imagine, with this location and proximity to the beach, the villa rentals are in extremely high demand for 4 or 5 summer months of the year. Consequently the business is operated in a fashion designed to generate the maximum amount of revenue, which is achieved on a room-by-room rental basis. This business model has the potential to generate a substantial amount of income, if you don’t mind a few months of work in the summer months!
With summer rentals in mind, the property is set up with 5 en-suite rental spaces, consisting of 1 fully equipped air-conditioned apartment with kitchen, lounge, dining room, private naya and direct access to the pool area. There are an additional 4 en-suite bedrooms.
The 5 rental spaces have one common entrance, with an individual key safe and lock on each door.
Although the house could definitely benefit from updating, with some repairs and improvements, properties like this right in the centre of La Barraca and below the summer security boom, very rarely come up for sale, especially at such a low price.
Hence the investor or buyer of this property has a really fantastic opportunity to create a truly spectacular villa in a stunning sea view location, but for a very reasonable overall cost.
Renovating the property would be far cheaper than a new build project. But, if you want something really incredible on a well located plot, then remove the existing property and build a stunning new modern villa from scratch.
Villa island View is offered for sale at 1.1M Euros.
- 4 bed
- 6 bath