Southern Spain, boasts Europe's finest climate, with glorious, dry summers and mild winters. Combined with an ever-improving infrastructure this ensures that the demand for real estate keeps growing.

Capital growth & Off-Plan investments: It is often beneficial to sell at the peak of the last phase prices, when the development is finished, gardens are landscaped and swimming pools all operational.

Please note that all capital growth projections are based on the local property market and performance over several years , however we cannot offer any guarantee and no investment is completely risk free.

Should I Invest In New or Resale Property?

NEW Pros:

• A deposit on a new property is equivalent to a much larger investment, in fact it is as if you had invested the full value of the property. With annual price increases running at 15%-20% your investment starts gaining in value immediately. For example, a property purchased at £100,000, increasing by 15% pa, will have added £15,000 to its value by the end of 12 months.
• Covered by 10-year builder's guarantee. Being new, there is no maintenance, upgrading, or repair work required.
• Modifications can be made to suit personal tastes and requirements.
• Payment by instalments allows time to sell UK property or otherwise raise capital.

NEW Cons:

• Waiting time; dependent on status of property when purchased, this may be 12 months or more, though opportunities occasionally occur for purchase at a later stage or even, occasionally, after completion.
• Unless the house is part of a final phase on an urbanisation some building work may continue in the vicinity.

RESALE Pros:

• Usually available immediately or within a matter of weeks.
• Any faults may reasonably be expected to have been rectified under the original guarantee.
• You can see exactly what you are buying and furniture, etc is very often included in the sale price.

RESALE Cons:

• Can often be overpriced compared with an equivalent new property.
• If more than 10 years old the original builder's guarantee will no longer apply. Also, it may not have been built to same standards as previous building regulations were more lax.
• Owner may be selling because of structural, location, or other unspecified problems.
• Some wear and tear to be expected.
• Care must be exercised to ensure that there are no charges or debts against the property, especially if buying directly from the owner.
• Short timescale, the total balance has to be paid on handover of the property, which cannot be delayed. Important for instance in the case of a purchaser with a property to dispose of in the UK.