Eight-Bed Hostel with Communal Areas in Jávea's Old Town
€1,290,000€2,580/m²
8
bedrooms
7
bathrooms
500 m²
interior
House
property type
29 May 2026
listed
The Habio take
AI summaryThis charming hostel in Jávea's historic old town offers spacious accommodation for around 50 guests, complemented by communal areas and a chill-out terrace. The prime location benefits from strong tourist demand, ideal for investment.
- investment
- rental income
- historic
- walkable
Highlights
- Eight bedrooms and seven bathrooms
- Accommodation capacity for approximately 50 guests
- Spacious communal areas for socialising
- Relaxing chill-out terrace
- Excellent investment potential due to location
Worth knowing
- Not suitable for residential family living
- High maintenance requirements for communal property
Good fit for: Perfect for investors looking for a property in a popular tourist destination.
Lifestyle scores
- Beach
- 70
- Walkable
- 90
- Remote work
- 60
- Family
- 30
- Retirement
- 55
- Airport access
- 75
- Investment
- 85
- Luxury
- 50
- Value
- 65
About this place
Charming hostel for sale in Jávea’s old town, offering accommodation for around 50 guests, spacious communal areas, and a relaxing chill-out terrace. Prime location with strong tourist demand, making it an excellent investment with great potential.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
