Win A Villa In Javea - Cash Winner
A 5 bedroom villa in Javea, Spain is the prize that's on offer in this win a house prize draw. This amazing property on the Costa Blanca could be yours for the bargain ticket price of £2.50 if sufficient tickets are sold. The prize draw is hosted on Raffall which means there's a 75% of all tickets sold cash prize if the target isn't achieved.
Winner: Sodhi Aujla
Launched: 20th October 2022 Closed: 30th April 2023
Location: Javea, Spain,
House Value: £750000 (5 Bedrooms)
Ticket Price: £2.50 (Free Entry - See 5.6 in Terms)
Tickets Sold: 30939 Revenue: £77347.5 (Estimated)
Cash Alternative: 75% of ticket sales
The trend of overseas property raffles continues with Raffall now joining the bandwagon. This is the first Raffall house prize draw for some time so it's good to see that platform back in the game. The hosts of this draw are Dream Home Spain and they have a five bedroom villa in Javea, Costa Blanca up for grabs. Javea is a lovely holiday destination so this prize would make the perfect holiday home or rental. Details about the villa however are pretty limited which is quite frustrating. Whilst the hosts are happy to tell you about distances to a two star michelin restaurant they're not giving much away in terms of valuation, locality, costs, rentals etc. We have searched for Javea propeties and there's a wide range of valuations - for review purporses we've arbitrally picked £750,000 but this should be taken as a guide and not exact.
About The Property
If you're lucky enough to win this villa then you'll become the owner of a stunning five bedroom property with beautifully landscaped, split-level gardens, infinity pool and private parking for 5 cars. In the kitchen there are Gaggenau appliances plus the interior is fully furnished. There's a video of the property's location and a couple of images on the Raffall page, but given the nature of the prize we'd have liked to have seen a lot more. The winners legal fees will be paid for as part of the prize. However again we're missing details on things like local taxes, community charges and issues with respect to transferring ownership of the property under Spanish Law. For example will flights be paid for by the winners? Who sorts out things like dealing with notaries etc. But before we even get that far there's a small matter of selling enough tickets.
How To Enter The Competition
To enter the raffle you need to be registered with Raffall. This can be done via Facebook or email login. Once at the house raffle page it's a case of answering a question and purchasing tickets to enter the prize draw. The question pops up in a window - for this particular competition you'll need to answer an easy multiple choice question about money. It's not difficult but you will need to do a little bit of maths. Tickets for this draw cost a very reasonable £2.50 and there's no limit to the number you can purchase. You can purchase online using debit cards. As far as we're aware no charities will benefit from ticket sales.
Unlimited Ticket Sales
Usually hosts on Raffall set a limit to the number of tickets they would like to sell in order to giveaway the property. For this draw there's no limit or target. In other words we believe that this draw will stay live until the end of April 2023. However based on the ticket price and the nature of the villa we believe the hosts will need to shift 300,000+ tickets (perhaps even more) in order to bring in enough revenue. If insufficient tickets are sold then the winners will receive a share of the compensation amounting to 75% of all ticket sales. All compensation payments are guaranteed and paid directly by Raffall Limited. This is a little bit different to house competitions run by individuals and should offer more assurance to entrants.
On a positive note it's good to see a property prize draw on Raffall after a pretty quiet period. Whether it sparks more people to have a go remains to be seen. The ticket price is attractive and a lot cheaper than draws from the likes of Omaze, McKinney etc. The property itself is attractive and Javea is a lovely part of Spain (or at least from what I remember). Obviously we'd love to have more information about the property, rentals, value etc and you'd think Raffall would insist on this info by now. A lot of tickets need to be sold for this particular draw and that could be the problem. Somehow it needs to ride the wave of interest in Omaze's Marbella draw and hope that the cheaper ticket price attracts customers.
Disclaimer: Details shown above were correct at time of writing and are provided for information purposes only. Images are used under fair use policy. Map location is approximated by Google based on postcode/location info. Any links provided are not an endorsement from Loquax. In some cases Loquax may earn a referral fee from sales this does not effect our review. We strongly advise all visitors do due diligence on each contest before deciding to enter. Terms and conditions apply. Begambleaware.org.
Footnote: Spanish properties attract a hefty tax on purchase. This can be up to 19% of the property value although this may be covered by the promoter so do check the terms. Note also that since Brexit UK citizens can only spend 90 days out of every 180 in the EU. If you win and rent out the property then you will also have to pay tax.
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