Barceló Real Estate
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Off Plan Villas for Sale in Ciudad Quesada Costa Blanca

Main Aspects to Consider When Buying a New Build Property

The price of housing in the Spanish Mediterranean coast makes it attractive buying properties. After years of hiatus, the sector returns to be newly built properties. What should we know when buying this type of housing? We explain it.

Before you start searching for new house you have to ask where, how and how much you want to spend. This is not always easy, but fortunately the regions of the Costa Blanca and Costa Calida offer a variety of properties with all kinds of locations: near the coast, golf courses, charming villages.

In Barceló Real Estate we possess more than 10 years experience in the real estate market in this area. This experience allows us to advise our clients on the different options they have to choose based on their preferences.

New housing has become fashionable again. And, as are the prices, buy a new villa is a more affordable option than ever. However, when you go to visit a housing required to report the housing characteristics as location, type of construction and materials and the services available.

Collect all the information about the property

If building a new home, documentation of the building it is in the Book Building, which includes all data and documents related to the work. After the work this book is given to the homeowners.

The data included in the Book Building are:

-The Company data.

-The name and address of the architect and builder.

-A Building plan with description of housing, public areas, ancillary services and supply network.

-The Quality report.

-A Copy of the building permit, urbanistic certificate and license of first occupancy of the dwelling.

-The Price of the property and its taxes.

Find out about the taxes associated with the purchase of new housing

For purchases of new housing purchase is subject to VAT (10%), besides the payment of Stamp Duty Tax (stamp duty) to grant the Deed of Sale.

If the purchase is made with the creation of a mortgage will also have to pay their corresponding IADL, while the Act requires the assessment, with a corresponding cost. Besides, it has to assume related payments and expenses of notary Property Registry for the execution of the deed of sale and registration in the register.

Bear in mind that if not specified in the contract, the buyer is responsible for the cost of the first copy of the deed, registration in the Land Registry and taxes (VAT and stamp duty), while the seller must pay the costs of the equity in the house and the original writing.

If you are looking for newly built properties on the Costa Blanca or Costa Calida, in towns such as Ciudad Quesada, Torrevieja, Guardamar del Segura and Santa Pola, check out our catalogue of properties. Barceló Real Estate is part of the Barceló Group, a firm with over 20 years experience in real estate.