Buying property in Spain is a major decision, whether you’re looking for a holiday home or a permanent residence. When it comes to deciding between a new build and a resale property, there are a number of factors to consider. Here, we’ll look at the benefits of buying a new build property in Spain compared to a resale, as well as how it can be a great investment for rental income.
One of the biggest advantages of buying a new build property in Spain is that you’ll get the benefit of the latest building regulations and safety standards. This means that the property will be well-built and have all the latest safety features. Additionally, new build properties tend to have more efficient heating and cooling systems, which can save you money in the long run.
Another benefit of buying a new build property in Spain is that it will come with warranties. This means that if there’s something wrong with the property, you’ll be able to get it fixed without having to worry about the costs. The warranties will also cover any defects in the building materials, so you can rest assured that your property will remain in good condition.
When it comes to investing in rental income, buying a new build property in Spain can be a great option. New builds tend to be more desirable to tenants, as they’re typically in better condition than older properties. This means that you could potentially charge higher rents and get a better return on your investment.
Finally, buying a new build property in Spain can be a great way to save money. New builds tend to be cheaper than resale, as there is no need to pay for renovations or repairs. Furthermore, you may be able to get a discount if you buy the property off-plan, as the developer will be keen to sell the property quickly.
If you are interested in buying in Spain, check out all the properties we have available on our properties page.