Homes Overseas – Spanish Property Specialists

You can choose between a new-build and a resale property if you’re thinking about buying real estate in the Costa Blanca. While choosing between the two solutions, it’s crucial to take into account your unique demands and preferences because each one has its own set of benefits and drawbacks. 

The age of the property is one of the primary distinctions between a new-build and a resale home. A new-build home is one that has never been occupied and is usually still being built or is being sold off-plan. On the other hand, a resale property is one that has already been owned and occupied. 

While picking between a new-build and a resale house in Costa Blanca, take into account the following factors:

  • Condition: Being brand new and unoccupied is one of the key benefits of a newly constructed property. Hence, it shouldn’t require any repairs or upgrades and should be in perfect condition. While a resale property could need some renovation to meet your requirements, it is different from a new house. 
  • Customization: Another benefit of newly constructed homes is that you can frequently make the home just what you want and need it to be. Choosing finishes, fittings, layout, and possibly even having a basement, are possible examples of this. You’ll have to work with the existing features of a resale property.
  • Build Guarantees: Build guarantees in new-build properties give buyers peace of mind and financial protection in the event that defects do arise. The assurances on the quality of the build may also increase the value of the property. Build guarantees ensure that the property has been built to a high standard and that any defects will be corrected. The typical Costa Blanca property comes with a 10-year structural warranty and a 5-year warranty on the fixtures and fittings.
  • Price: In many cases you can choose to purchase off-plan, which allows you to choose properties before the build process begins and in most cases purchase at a highly reduced cost with the only drawback being have to wait for it to be built. A more affordable option might be resale homes though they also come with their own drawbacks including all the issues created by it being used for years already and any potential issues left by the previous owners.
  • Energy Efficiency: In order to make your new home as energy-efficient and cost-effective to operate as possible, new-build residences will adhere to the strictest standards currently in effect. Also, cutting-edge innovations like solar energy, heat source boilers, and underfloor heating are frequently included as standard features, keeping your home future-proof.
  • Location: The Costa Blanca is home to both newly constructed homes and already owned ones. Yet, new-build residences are frequently found in newer developments with newer amenities, whereas resale properties may be found in more established neighbourhoods. Take into account both your ideal location and the local facilities and services.
  • Legalities: Before buying a house in Costa Blanca, whether it is new construction or a resale, it is crucial to carefully understand the legal requirements. This includes comprehending the conditions of the sale, any warranties or guarantees provided, and any potential title problems with the property. To safeguard your interests and guarantee a smooth transaction, hiring a lawyer to analyse the contract is a wise move.

Your particular needs and goals will ultimately determine whether you choose a new-build or resale property in Costa Blanca. Choose the option that best meets your demands by carefully weighing your budget, the property’s condition, the degree of customisation offered, and the area. No matter what your tastes are, Homes Overseas specialises in assisting clients in avoiding all the problems of purchasing abroad while making sure the process of choosing your ideal new home in the sun is as enjoyable and stress-free as possible.