Marbella’s Newest Development.

Marbella, a beautiful resort town, enjoys a year-round abundance of sunshine and boasts breathtaking scenery, particularly its stunning sea views. Immerse yourself in the vibrant atmosphere of one of Costa del Sol’s most coveted areas, and discover a wide range of attractions that cater to every taste. From high-end designer boutiques to Michelin-starred restaurants, Marbella offers various options to suit everyone’s preferences. Renowned as a preferred holiday destination among the affluent and famous, you might mingle with celebrities as you indulge in the captivating sights and sounds of this charming town in Southern Spain. Acquiring property in this sought-after tourist hotspot could be life-changing, opening doors to an unparalleled lifestyle.

New build vs resale properties: which one is right for you?

Numerous factors require careful consideration when purchasing a property; these include the desired property type, whether it is a resale or a newly constructed property, your budgetary constraints, as well as the specific location you intend to acquire. In this article, we will explore the characteristics of new build properties and resale properties, presenting their respective advantages and disadvantages.

New build properties

New build properties are properties that are either freshly constructed or still in the process of being built – you secure the title of its first owner when you purchase such property. Purchasing a property that is still under construction entails making monthly payments throughout the construction phase, enabling a gradual accumulation of funds towards the property’s worth; and it alleviates the burden of paying the entire sum upfront. By the time the construction reaches completion, a substantial portion, roughly 20-30%, of the property’s overall value will have already been covered, serving as a significant deposit for the property.

Buying a new build property comes with several advantages, including the developer’s reassuring guarantee on your down payments which ensures that even in the unlikely event of any issues arising with the development, you can rest easy knowing that your hard-earned money remains secure.  Furthermore, new build properties boast cutting-edge features and state-of-the-art technology; and as it is newly built, it is up to date with the current EU standards. Consequently, you can relish in reduced humidity levels, superior ventilation, and enhanced energy efficiency, taking your living experience to a whole new level.

On the other hand, acquiring a newly constructed property does entail certain drawbacks. One such disadvantage is the ongoing maintenance costs, which can escalate if the development is inadequately managed over time. Additionally, compared to resale properties, new builds offer fewer opportunities for designing the floor plan and customizing the space to your preferences. Lastly, you must factor in the AJD (Actos Jurídicos Documentados) tax when purchasing a new build property in Spain; this particular tax is imposed on newly built properties and ranges from 0.0% to 1.5%, alongside a VAT of 10%—the prevailing rate of this tax in Andalusia.

Great Investment.

Additionally, Marbella’s real estate market is thriving, fueled by international demand, making off-plan properties an attractive option for those seeking a second home or an investment property. The city’s appeal to tourists and expatriates ensures a strong rental market, further enhancing its investment potential.

However, as with any off-plan investment, there are risks, including construction delays or potential changes in the market. Buyers should conduct thorough research and work with reputable developers to mitigate these risks and ensure a successful investment in Marbella’s vibrant property market.

Exquisite villas with added luxuries await

Investing in our new developments means selecting award-winning architecture and interior design, cutting-edge technology, and premium kitchens and bathrooms. Moreover, you can customize your home with a comprehensive range of bespoke extras.

For those seeking entertainment, an ideal addition to your villa would be a dedicated games room, complete with large-screen televisions, pool tables, and bars, ensuring your guests remain captivated beyond the stunning aesthetics of your home. If tranquillity is your aim, a serene well-being space and spa might be a more enticing inclusion in your new luxury residence. Your comfort is our utmost priority in this exclusive residential project, regardless of your preferences.

Would you like to buy a property in a development in Marbella?

Welcome to LuxuryForSale.Properties, your trusted partner for over four decades in facilitating and managing the sale of off-plan properties along the beautiful Costa del Sol. With our extensive experience, you can rest assured that you are in reliable and capable hands. Our commitment to excellence extends to our selection of partners, as we only collaborate with renowned global brands and reputable companies. When you choose to invest in an off-plan property through us, your financial security is always our top priority.

For further details on the contemporary residences we offer for sale in Marbella, contact us.