Buyers Guide
New Homes Marbella are the leading new build property specialists. We collaborate with all property developers of the Costa Del Sol. Our team of experts have access to all new developments, and use their knowledge and expertise to recommend the best developments which meet your requirements. Being an expert in the field, we share deep detailed information about each development.
At New Homes Marbella, our expertise lies in the realm of new build and off-plan purchases, offering you the exclusive opportunity to be the inaugural owner of your home. Opting for a new or off-plan property provides unparalleled control and flexibility over both its location and configuration.
Investing in off-plan, allows you to distribute the cost and pay in instalments. With a new build property, you typically receive a 10-year building guarantee, providing an added layer of assurance. Moreover, all purchase instalments are legally bank guaranteed, offering you financial security throughout the process.
Emphasizing sustainability and modernity, the off-plan projects showcased by newhomesmarbella.com adhere to the latest eco standards. These properties are not only environmentally conscious but also economically efficient. Cutting-edge features such as underfloor heating, aerothermal air conditioning/heating, and integrated home automation systems come standard, ensuring a contemporary and energy-efficient living experience.
Buying property in the Costa Del Sol is very straightforward. When you buy with New Homes Marbella, you can rest assured your purchase is handled professionally and correctly. Our experienced team deal with both buyer and developer when handling negotiations and help with any other questions.
There are three basic stages of the purchase, described below.
Reservation and Deposit
Buyer and developer sign a simple offer and reservation agreement and the buyer pays a modest reservation deposit as a gesture of good faith. This confirms the agreement of buyer and seller, subject to the property searches, and takes the property off the market keeping it reserved by the seller for the buyer for an agreed period during which the lawyers will make the necessary checks and prepare a Private or Option Contract.
Private Contract
When lawyers have confirmed that the legal position of the property is in order, and the building licence has been granted, a Private contract is drawn up and signed by both buyer and developer. If any irregularities have been discovered, the buyer can withdraw and the reservation deposit returned. If all is well, it is usual for a percentage of the agreed purchase price to be paid by the buyer. This is set by the developer and is usually between 10-20%.
Completion
Completion takes place as soon as the development is finished, and the Town Hall has granted the First Occupation licence.