All Posts in Category: Market Trends

The advantages of buying new construction properties in Spain

ALICANTE-MURCIA – When looking for a property in Spain, it is important to weigh what exactly you are looking for. Here, of course, the advantages and disadvantages of the various options are very important. One of the important choices that will have to be made is whether you are looking for an existing property or whether you want to buy a new build property in Spain.

If you buy an existing home in Spain, the property is often older and sometimes even dated. Added to this is the fact that until 15 years ago, the quality of housing in Spain was a lot lower, mainly because housing was in high demand.

The past 15 years have seen a revolution especially in the areas of quality and insulation. Of course, an older home may well have its charm, but does it outweigh the numerous advantages of a beautiful new home on the Spanish coast?

When you choose a new construction home or apartment, you can be sure that you are in for a worry-free time. After all, everything is brand new and works as it should. And if something does go wrong, you can count on a warranty. Also, there are no maintenance works or renovations that you have to start immediately.

A new construction home is of higher quality

As already indicated, much has changed in the last 15 years in the way of building in Spain. The real estate crisis has made builders aware that not simply everything can be sold anymore. People have become more attuned to what the customer is looking for, and with that the quality has improved tremendously from about 20 years ago. It is not only in terms of material and construction that a great improvement is visible.

Quality also affects energy consumption; where until 20 years ago even single glazing was often used, we now see very good double glazing with aluminum frames. Building quality and building materials are much better than in previous years.

A new-build home in Spain is much more energy efficient

When you buy a car or a new washing machine, you expect them to be energy efficient. So why not take this into account when buying a vacation home or apartment in Spain? In that area, substantial progress has been made in recent years and builders are using renewable energy for part of their power supply. If you buy property that was built in the 1990s or earlier, the energy consumption will definitely be a lot higher.

Luxury complexes with many amenities

When you buy in a residence, you often benefit from the well-maintained, beautifully appointed common areas with stylish pools and relaxation areas. An indoor spa with sauna, heated pool and Jacuzzi are no exception these days. A small sports facility and children’s playground at the complex are also becoming more common.

Today’s new construction projects are often in the best locations. Precisely because someone buying a property in Spain anno 2019 often knows very well what they are looking for, developers will have to stand out. Projects are often well laid out with plenty of privacy and new construction homes are stylish and thoughtfully designed. This often takes advantage of natural light and beautiful views through the large windows.

Ability to choose your own materials

If you plan to buy, many new construction projects allow you to have a say in the materials used. Floor and wall tiles, countertops, built-in appliances, colors used, etc. are mostly available to choose from. This allows you to personalize your home and give it your own style from the start.

Warranty and maintenance costs new construction home

Buying a new home in Spain offers another important advantage: You are buying a home with a guarantee. There is a 1-year warranty on the house regarding materials and defects. Developers are also required to provide a 10-year warranty on the home’s construction.

In terms of maintenance costs, you will also definitely have an advantage in the first few years. After all, you are buying a new home so all the materials are new and have no wear and tear yet. Consider such things as the water heater, electrical appliances, but certainly also window frames and sliding windows/doors. With little or no maintenance during ownership and good potential for possible future sales, buying new construction makes a wise investment.

 

Source: Spain Today

THE CONCEPT OF HOUSEHUNTING WITH ABRAZATUCASA

ABRAZATUCASA’S TOTAL CONCEPT:

♤ Customers make a choice on our website or inform us of their wishes and budget and with this information we propose a customized house hunt.

♤ Customers are picked up at the airport and stay for free in one of our holiday homes.

♤ House hunting for 3 days.

♤ If made a choice, the customer signs the reservation contract

♤ If a loan is needed, we guide the customer and we go to the bank.

♤ We go to the notary so that our lawyers can arrange all documents and necessary connections for the client.

♤ We monitor the construction and do the interior design entirely according to the customer’s wishes.

♤ We arrange the rental and check in and check out of the tenant as well as we provide the cleaning.

♤ We take care of everything so that the client can only enjoy his investment.

We do everything we can to find the dream house of our customers and do this with our heart and soul.

Thanks for the confidence to all Abrazatucasa customers!

ABRAZATUCASA in the press on HLN

Do you dream of having your own place in Spain where you can enjoy sun, sea and beach without worry? Then Sven Eeckhout (48) and Sofie Ovaere (40) from Ardooie are the people you need! They run a company on the Costa Blanca that specializes in personal assistance with the purchase of a holiday home: Abrazatucasa, which means “embrace your home”.

The Spanish real estate market has undergone a real revolution in the last fifteen years. Particularly in terms of quality and insulation, a lot of efforts have been made, so that older houses have received an update. On the other hand, the market for new-build properties has been considerably expanded: making a choice is therefore not always that simple. Then it is handy that you can hire a specialized agency to guide you through your personal house hunt.

Without worries
Six months ago, Sven Eeckhout and Sofie Ovaere left Belgium to set up their company Abrazatucasa on the Costa Blanca. They know what they are talking about, because twelve years ago they bought their holiday home in Orihuela-Costa. In the meantime, they know the most idyllic spots, hidden beaches, delicious restaurants … in short, everything that Spain has to offer. They guide their customers with passion and expertise. As a facility expert, Sven has a thorough knowledge of building materials. He subjects every new building to a thorough check, so that you as a customer can purchase the property safely and with peace of mind. Sofie specializes in the management and rental of holiday homes. Together they take over the complete management of your Spanish home and ensure that your holiday home will perform very well on the Spanish rental market.

On house hunting!
Sven and Sofie are very passionate about their guidance. This way you can also book a customized house hunt with them. This is a three-day search for your dream home where Sven and Sofie guide you personally. How does this work? Together you first select the properties that are of interest to you, then you fly to Alicante or Murcia to visit the properties that you have chosen. During your stay you will receive all necessary information about the financial and practical side of purchasing a property in Spain: what are the additional costs when purchasing a property, how much are the annual costs after purchasing a property, what about the taxes on a second stay, how can you reclaim your investment by renting out the property …? And importantly: the purchase of your dream house is legally supported.

Interested?
Follow Abrazatucasa on social media. You can find their selection on www.abrazatucasa.com. You can book your house hunt via info@abrazatucasa.com and let Sven and Sofie personally guide you in the purchase of your dream home.

Source: HLN

https://www.hln.be/reizen/ga-samen-met-sven-en-sofie-op-huizenjacht-aan-de-costa-blanca~a6c85c9c/

Why invest now in real estate in Spain?

ALICANTE – If you save money, you’d know that the currently little use has to put it on a savings account. In most countries it is hardly still possible more than 1% or even 0.5% interest rate and you also usually pay wealth tax or income tax on. Partly because inflation is your money in a savings account so really only worth less. But there is also a much sunnier alternative: invest in a property in Spain! But why just now investing in real estate in Spain? Live in your own geldDroomt you there too sometimes, to wake up in your own home to the Spanish Blanca? Where the Sun almost always shines and. Just imagine; have breakfast in your garden in the Spanish Sun, close to the sea. After spending a morning walk along the beach, a cup of coffee on the boulevard then enjoy a meal in one of the many typical Spanish restaurants. Increasing number of home selling Spanish property market has gone through a deep valley, but rises quickly in recent years. Thus, according to the Instituto Nacional de Estadística (National Institute of statistics of the Ministry of development) in 2018 in the Valencia region (+ 14.7%) 78,800 homes sold a large portion of which are in the province of Alicante. In the Murcia region increased the number of sales to 16,387 houses (+ 24.3%). By the increasing demand to increase the prices of houses now for the fourth year in a row. Now boarding and invest in real estate in Spain can be particularly lucrative since also for the coming years a further increasing efficiency is expected. Take advantage now of low hypotheekrenteEen second reason why real estate in Spain is becoming more popular, is the continued low mortgage rates. This is deliberately kept low by the central banks and it is therefore expected that the mortgage rates will rise quickly for the time being. The Spanish banks are less and less reluctant to provide mortgages for a share of the purchase price. This allows you to have a property in Spain at the moment at a fixed low rate finance whereby the monthly costs are low. The financing of real estate in Spain is extra attractive.Also this creates additional demand and thus rising prices. Home verhurenAls you invest in real estate in Spain, you invest in a property in which you can celebrate holiday, but you can also generate an income with it. For example, your annual costs of property taxes and maintenance (hefty) cost recovery and perhaps even make a profit.

 

Source: Spanje vandaag

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