Buying a New Spanish Property Off Plan

If you don't find the Spanish property of your dreams - either a resale property or a new property - there's another popular alternative. 

Buy a property off plan. All you see at the moment of purchasing the property is the plan and the plot of land where the property will be built. The property may not be completed for 6 to 12 months or even longer.

There are some advantages in buying an off plan property: 

• you can select the design and layout

• normally, you get a discount if you get in on the act as early as possible

• you pay the money in stages

• as soon as the property is completed, you normally find that is has already gone up in value

• you may therefore sell it for profit or retain it for your own use

When buying an off plan property, select your Spanish property developer carefully. Get your estate agent and lawyers to verify their credibility. 

• Will the developer build on time? 

• What happens when there are delays? 

• What if the developer goes out of business? 

• What if the developer disappears with your money? 

• Are you insured for any losses? 

• Will your new home come with a builders guarantee?

• Will the guarantee be worthwhile if you need to make a claim?

Once you have researched all the details and obtained independent professional advice, you may find that buying a Spanish property off plan may prove to be of good value.

We help buyers and sellers and we look after your interests in conjunction with dozens of other leading Spanish Property professionals. We don't put pressure on buyers ... we know that you have a specific dream and when you see your dream property, you will know automatically. We help you find that dream Spanish home or business.

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