Buying off-plan property is currently THE hot topic for both the advocates of this form of investment and also the scaremongers shouting doom and bust from the roof tops.
Our advice is simple. Do your own research. Find out for yourself. The internet is the best resource for doing this and it can only put your mind at rest.
The family at Espana-properties has extensive experience with buying off-plan property. Spain has proved extremely positive for us so far, with our own investments increasing significantly in value.
Buying off-plan property may at first seem like a daunting prospect. Many investors and potential second home owners are put off by the fact you are essentially buying off-plan sites that remain unfinished - but if you can look past this fact you should see that there is a huge amount of profit to be made buying property this manner.
Another major advantage, especially if buying as a holiday home, is that the property is built to the latest specifications and usually comes with a 10 year (NHBC type) guarantee.
Needless to say, there are many other advantages and also possible disadvantages – but to re-iterate – do your homework first and you’ll be on to a winner!
If you would like some more in-depth advice on the pros and cons of off-plan property in Spain, please send us an email and we’d be delighted to send you some further information.
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