NEW CONSTRUCTION
To build, or not to build...
Investing in a new build, off plan property is a popular option in Javea and the Costa Blanca due to the wealth of choice in reputable developers and plots of land for sale to build on. We work with a hand-picked selection of constructors that we have built relationships with over time. So if you're considering purchasing a new build villa or apartment then let us guide you.
With you every step of the way
With our years of experience and local knowledge we are uniquely placed to be able to offer the best possible products. After our first few consultations when we have a solid idea of what you're looking for we will spend time searching for the right plot for you, and also introduce you to local constructors that best fit your needs. We can facilitate during discussions for design, assist with agreeing contracts and liaise with the constructors on your behalf throughout the build process. We will be there to support and advise you throughout the entire process and hold your hand from start to finish - obviously whilst maintaining a safe social distance!
Why buy off plan?
Off-plan property sales are in high demand on the Costa Blanca.
The developments in the Northern Costa Blanca, Spain are being built by tried and trusted developers with experience of choosing the right spot for views, location, amenities and value. If you are a golf lover this could be on a golf course, or a beach front property. It is this level of expertise in creating a development in the heart of the action that will prompt an excellent return on investment if you choose to sell or rent your property.
Using state of the art design and well-known architects, many of the new developments springing up in the Costa Blanca are intimate well-designed residences that feature the latest in technology and eco design. Often incorporating solar or green energy they will mean lower bills and a greener energy footprint.
As agents, we ourselves work with experienced developers and find that when a prime development is released it can be reserved in weeks or days. This is because the developers offer attractive payment methods meaning you can spread payments from reservation up to completion. This staged payment is perfect for some buyers who may not need to get a mortgage.
What’s more buying into a development early means you will often be getting a discount on what the final built price will be. This also offers you the choice of the best apartments within the development so bagging a prime penthouse or ground floor apartment with garden is easier earlier on.
Buying off-plan almost always means you can personalise your property to suit. Many developers offer extras too like a Jacuzzi on the roof terrace or swimming pool which can be incorporated into your property as it is built. There may also be a chance to negotiate extras like a lighting or furniture pack.
Pay in stages
When buying a new build property the payment terms will differ depending on the developer, and the payment process is different to that when purchasing a resale property. The below payment plan can be used as a guide on what to expect to pay and when, and is based on buying a luxury new build villa in Javea for the total purchase price of 1,075.000 € (Plot 121.500 €, Villa Construction 953.500 €)
Concept | Amount payable* (+ IVA) | IVA |
Reservation contract and 10% payment | 107.500 € | 10% |
Purchase of plot at notary (approx 2 months later) | 121.500 € | 21% |
Monthly payments for progress of work (**bespoke terms) | 738.500 € (**pided into monthly payments depending on status of build | 10% |
End of construction, completion at notary | 107.500 € | 10% |
*The figures provided are for example only. There are usually external extras such as final water and electricity connection, legal and notary fees.
What extras can you expect in a luxury new build villa?
What is included will again differ depending on the developer. Plus if you're purchasing an off plan villa you'll have a lot more choice and say in the matter compared to when buying a new apartment, where the extras tend to be standard throughout. Bearing that in mind, here are just a few of the extras you can expect to find on offer.
- Air conditioning (hot and cold) throughout
- A Domotic System to control lights, blinds A/C etc. from a mobile phone or via a touch screen pad
- LED lighting inside and out
- Luxury bespoke kitchen with integrated high quality electrical appliances
- Luxury bathroom furniture
- Underfloor heating through the villa, with thermostats in each room€
- Solar panels as required
- Video entry system on front gate
- Automatic gate motor
- Infinity swimming pool
- Landscaped garden complete with a watering system
- Automatic blinds inside and out
- BBQ area
- Top specification double glazed windows and doors
- Built in wardrobes in all bedrooms
- TV Satellite connection
- Alarm System
- All permissions and Architect fees
If all this sounds appealing contact us to talk to one of our team today who will show you a range of off plan properties from High End Luxury Villas to Seafront Apartments one of which may be your dream home in the sun. So get in touch to make that first step towards buying your dream home in Spain. There's a property for every taste and budget.