Why choose a new built property?
There are many advantages related to buying a new built property. With a new built you get a contemporary style property, designed by an architect, hence a functional layout and indoor space. New built properties feature floor to ceiling windows, glass sliding doors, and bigger terraces, providing an open and integrated living space combining the indoor with the outdoor. Due to the modern building materials and technologies a new build property also ensures internal sound reduction, better indoor climate and lower energy consumption. New built are also equipped with the latest appliances and modern conveniences, such as Domotic Systems or Home Automation, which provide easy and comfortable living. Combined these factors contribute to a home with better functionality and living experience, higher resale value, hence new built represent a better property investment.
Additionally, if you buy off-plan, you have the possibility to customize and personalize your new home with a range of different choices of materials for the kitchen, type of floors, and various extras, such as, automatic blinds and awnings.
Due to a high demand for new built properties, on the Costa del Sol, all projects are being sold as off-plan and the projects highest in demand are often sold out before completion. This means that if you are interested in a new built property in one of the projects or areas high demand, you need to reserve as off-plan. However, the upside of this practise is that see price increases up to 30% from off-plan to completion. So as a buyer, if you can wait 1–2 years for your off-plan property to be delivered, you can expect a price increase of up to 30% from reservation to completion. It is important to note that there are no financial risks associated with the purchase of an off-plan property. The 40% that the buyer pay in during the construction period is with bank guarantee and are fully refundable if something unexpected happens during the construction period.
Why choose a new built property?
There are many advantages related to buying a new built property. With a new built you get a contemporary style property, designed by an architect, hence a functional layout and indoor space. New built properties feature floor to ceiling windows, glass sliding doors, and bigger terraces, providing an open and integrated living space combining the indoor with the outdoor. Due to the modern building materials and technologies a new build property also ensures internal sound reduction, better indoor climate and lower energy consumption. New built are also equipped with the latest appliances and modern conveniences, such as Domotic Systems or Home Automation, which provide easy and comfortable living. Combined these factors contribute to a home with better functionality and living experience, higher resale value, hence new built represent a better property investment.
Additionally, if you buy off-plan, you have the possibility to customize and personalize your new home with a range of different choices of materials for the kitchen, type of floors, and various extras, such as, automatic blinds and awnings.
Due to a high demand for new built properties, on the Costa del Sol, all projects are being sold as off-plan and the projects highest in demand are often sold out before completion. This means that if you are interested in a new built property in one of the projects or areas high demand, you need to reserve as off-plan. However, the upside of this practise is that see price increases up to 30% from off-plan to completion. So as a buyer, if you can wait 1–2 years for your off-plan property to be delivered, you can expect a price increase of up to 30% from reservation to completion. It is important to note that there are no financial risks associated with the purchase of an off-plan property. The 40% that the buyer pay in during the construction period is with bank guarantee and are fully refundable if something unexpected happens during the construction period.
Higueron is an exclusive and sustainable residential area located in Benalmadena just 10 minutes from the airport and Malaga's historic center and 20 minutes from Puerto Banus and Marbella. With its facilities, services and infrastructure combined with a number of award-winning buildings, Higueron is a sought-after residential area.
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