The new build development property market in Spain is booming this year and as a result, prices for this type of Spanish property have increased an average of 8.4% in the last 6 months.* This compares to an increase of just 3.2%* for resale properties in Spain.
Although the availability of new build properties for sale in Murcia, Costa Blanca & Costa del Sol is good, increased demand and quicker selling times have resulted in the best properties being snapped up quickly. So buyers who are in an appropriate financial position and in Spain will often get the best plots and deals.
*Figures released by the Spanish Institute of Statistics (INE)
Why is there such a high demand for new build properties in Spain?
New build properties in Murcia, Costa Blanca and Costa del Sol are typically made from higher quality building materials and follow a luxury, contemporary style. The expected finishes within the market demand property developers now install the latest technologies including air con, underfloor heating and central control points, which focus on energy efficiency.
The majority of new build properties in Mucia will also offer a 10 year architect’s warranty on completion, giving you peace of mind that in the unlikely event of something going wrong with your property, you’re covered.
New build developments offer clients a variety of choice in size, shape and location of the property. There is also often the opportunity to amend the build to suit your needs and requirements such as ramps, lifts, private pools, basement cinema rooms and much more. Not to mention new build properties typically come with 10 year structural guarantee!
Larger new build developments offer a sense of community, particularly for expats, and will often even include shops, amenities and bar/restaurants.
Take a look a few new build properties we have listed:
- Stunning 2-bed 2-bath apartments with a choice of garden or rooftop solarium in Guardamar del Segura, Alicante – €166,900. View here>>
- Ultra modern, low-rise 2-bed apartments with lovely communal pool, next to the salt lagoons of San Pedro del Pinatar, Murcia – €135,000. View here >>
- Semi detached 3-bed townhouse in the lovely coutryside surroundings of Lorca, Murcia – €169,000. View here >>
- Unique, luxury 3-bed villa with its own private pool for sale in Daya Nueva, Alicante – €205,000. View here >>
View new build properties
New build properties in Murcia have seen a notable increase in demand in the last 6 months and many properties are now sold before the last bricks have been laid.
The best plots on new developments will not be online straight away, so the best way to view is to book a viewing trip to Spain.