There are many different types of property available in Spain and various ways of purchasing. The first choice to make is whether you would like a resale or off-plan property.

At Spanish Property Finders we can help you to find any type of property and have an unrivalled selection of both resales and new-builds. Fill out our 'Enquiry Form' to find out more!

RESALE

The resale market is still booming in Southern Spain and the Costa de Almería is no exception. You can purchase anything from a holiday apartment to a luxury villa. Some people are now choosing to purchase using 100% cash. However, many still obtain mortgages from their lenders at home or arrange a mortgage through a bank here in Spain. The mortgage process is as simple to set up here as it is at home. We can offer advice on this.

OFF PLAN

Off-plan or 'new-build' properties generally offer the purchaser more flexibility in terms of payment. Again, you can choose most types of property from apartment to villa, depending on the developer and development. Mortgages are always available.

When buying off-plan you will immediately save money: an off-plan property will be priced at approximately 20% below curren market value. This means that on completion the property will be worth approximately 20% more than its purchase price, plus the increase in market value. Based on typical construction times it is not unrealistic to realise between 35 and 50%.

Flexibility in payments makes an off-plan purchase extremely attractive. Usually an apartment would take 18 months to construct and a villa 12-24 months (depending on the developer), with the payments spread out accordingly.