The advantages of buying a new build in Spain
Why choose a new build property?
Are you considering purchasing a property in Spain but can't decide between a new build or a resale property? While both options have their merits, buying a new build in Spain comes with a host of advantages that may sway your decision.
We explore the benefits of choosing a new build in the sunny country of Spain:
1
Modern amenities and features
One of the primary advantages of purchasing a new build in Spain is the access to modern amenities and features. New builds are often equipped with the latest technology, energy-efficient appliances, and contemporary designs.
From smart home systems to eco-friendly materials, new builds are designed to meet the needs and preferences of today's homeowners.
2
Building guarantee
The guarantee for new-build homes is set out in the Law of Building Regulations (LOE), which establishes three periods depending on the type of defect.
- 1 year for finishes (f.e.x faults in paintwork).
- 3 years for defects in construction elements or installations that affect the habitability of the building. This includes defects such as damp, faults in the water, gas, electricity installations, etc.
- 10 year guarantee for structural defects, also known as the ten-year insurance. This guarantee covers the most serious defects that affect the mechanical resistance and stability of the building (foundations, beams, support, load-bearing walls, slabs or other elements that fall into the structural category).
3
Customisation options
If you are buying a new build home in Spain, depending on the progression of the construction work, you will be able to personalise your property to suit your taste and lifestyle. From choosing the color scheme to selecting the materials, or even adjusting the layout of the property.
This level of customisation is often not possible with resale properties, where you may be limited by the existing design and features.
4
Reduced maintenance costs
New builds in Spain are constructed using modern construction techniques, which often result in lower maintenance costs compared to older properties. With a new build, you can enjoy peace of mind knowing that your home is built to last and requires minimal upkeep.
This can save you both time and money in the long run.
5
Energy efficiency
Another significant advantage of buying a new build in Spain is the emphasis on energy efficiency. New builds are designed to meet the energy efficiency standards, which can lead to lower utility bills and a reduced carbon footprint. From insulation to energy-efficient heating.
According EU regulations, the government might impose certain requirements for energy ratings of homes in the future. Adapting your property to meet these requirements will be essential when selling or renting.