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property for sale in Spain

 


A Home Abroad
essential unbiased information for buying overseas property


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off plan property

Some builders and developers have a set of stock villa plans.
You buy a plot on their new property development, choose a design,
and they will build a new off plan property which suits your needs and budget.

off plan property
new development
new villa

The points below should help you to decide if this is the best route for you.

  • It is usually less hassle than arraging a new build totally alone
  • it is likely to be cheaper than an architect designed home
  • you will still have a long wait till you can use the property
  • you can often have features added as extras during building -
    such as garages and swimming pools

TOP TIP

Make sure you check out the quality of the developer's previous work!


 

new property on a development

SOME DISADVANTAGES OF NEW-BUILDS

  • the gardens have to be made from scratch
  • when your villa is completed, you may find others still being built around you
  • the better/larger plots will push up the headline prices you will be given

 

plot ready fot building

IMPORTANT LEGAL STUFF

Some builders offer a double contract.
You buy a plot from a developer,
and  in the same document sign that the developer builds a house on the land.

This can cause serious problems.
You do not receive the deeds for the land until after construction.
If the developer goes bust, you will not get  to keep the land you have paid for.

Even if the developer is supplying both the land and doing the building,
you should have a separate contract for each process.


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While every effort has been made to make this information accurate and a help in buying
property abroad, we can take no responsibility for any errors or omissions.
The laws regarding all aspects of property purchase vary from country to country.
It is important that you make legal and financial checks when buying overseas property.