10 Reasons Why You Should Consider Buying Off Plan Property

10 reasons why you should consider buying an off plan new property compared to a second hand property.  This also explains how new off plan properties are selling at a good rate.  Max Pakbaz, CEO of South Spain Properties explains:

  2016 has seen a rise of many off plan projects around the areas of Marbella, Estepona and Benahavis with high quality spec.  These mentioned areas which are already so popular with foreign buyers, received a lot of interest from buyers.

Some of these projects sold more than 60% of the units within a month which showed once again the strength of the market.  The buyers feedback were that they like the idea of getting a property all brand new, with the latest modern amenities, quality build, bigger terraces and many other features that you only get with these new developments.

It's also about the sensation, the sensation when you enter your brand new apartment, the smell, the new taps, the new paint and the new modern kitchen, it's sensational.  So here are the 10 reasons why you should consider an off plan purchase:

 

1. The new properties are being built with the latest EU standars which is obligatory for builders.
2. New buildings have excellent noise insulation to reduce the noise of adjacant neighbours.  This is something that was sometimes an issue with old properties.
3. New properties have better thermal insulation.  This stops heat from escaping in winter and keeps the heat out in summer.  This will help to keep your electric bills down.
4. Any new building has 10 years guarantee for the building and minimum 1 year guarantee on the appliances which will give you piece of mind.
5. With new properties "you talked, we listened".  You asked for bigger terraces, larger windows, modern contempory look, and that is what you get with new buildings.
6. With new buildings, as everything is brand new, costs of maintenance are lower and as a result the cost of community fees will be lower.
7. When you look at new buildings when they are launched you have the opportunity to choose the best unit that satisfies your needs. Best corner, best views etc.
8. With new off plan buildings you don't pay the full price now, you pay in installments and the major part of the payment is paid in the notary when the property is getting delivered to you.
9. With new buildings you get a realistic price as it is brand new and the price is well adjusted to the current market.  Plus you can benefit from launch prices which will be lower than the price of the finished product so you will save more.
10. When you purchase a new building the quality of build, finishes, bathrooms and kitchens are much higher than older buildings.

So there you have it, 10 reasons to consider for buying new off plan properties.