Where to Find Great New-Build Homes in Costa Del Sol?

Costa del sol is an incredibly popular holiday destination, thanks to the beautiful coastline and a huge range of activities than one can indulge in. Owing to its pleasant climate all round the year, a vibrant expat community and attractive property choices, Costa del sol also houses a large number of foreigners.

Anyone choosing to live here will find it difficult to ignore the dazzling array of new properties, thanks to the recent surge of new developments in the region. The Spanish real estate market is regaining its momentum after the economic crisis and Costa del so is an ongoing reflection of the recovery. According to a report by Tinsa valuation agency, Costa del sol is in a leading position in the recovery of the property market. Front line properties on the coast in Marbella are now costing around 6,000 euros per square metre, and in Estepons 8,000 euros per square metre, among the highest in Spain.

Other than the statistics, there are several other regions people should choose Costa del sol

The Costa del Sol is where the Sierra Nevada meets the Mediterranean, with some astonishing cliffs such as at Ronda, or the gorge at El Caminito del Rey, or the Rock of Gibraltar. This region is synonyms with sun, sea, sangria and sand, which foreigners from the colder regions come to cherish. Most of the new build properties in Costa del sol is at the luxury end of the Spanish real estate market, and is attractive considerable growth of late.

The region offers a well developed network of real estate agents which simplifies the property buying process for foreigners. Expats from UK, Sweden, Germany, Belgium and even Asian countries live here and wholeheartedly welcome newcomers. Moreover, Costa del sol boasts some of the best golf courses and a buzzing night life. It is well linked with major airport and offers amenities within a walk’s distance from every corner. 

Where in Costa del sol should you buy?

Estepona

Estepona is laid back coastal town with a wide array from property options - from luxurious villas to quaint townhouses, Estepona has it all.

Malaga

Malaga houses generation together. Here you will find a perfect balance of old and new and the same is reflected in the houses as well.

La Cala de Mijas

The popular town attracts investors in large chunks owing to its affordable property prices. This place houses almost equal number of locals and expats living together.

Marbella

A hot tourist destination and the favourite choice of the Brits. This place has properties which you’ll not find anywhere in the world.

Benalmadena

Located at a close proximity to the Malaga airport, this place houses the world famous Benalmadena Marina. Naturally, touring remains at its peak all round the year.

Puerto Banús

Puerto Banús is one the glitziest places along the coastline. The night life and shopping is excellent here and so is the property investment opportunities.

  

Once you have set your mind on a Costa del sol location, you need someone to walk you through the property buying process. This is the right time to contact real estate agents in Costa del sol, since local knowledge and expertise can help you find the best property at the best deal! 

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Things Germans Need to Keep In Mind While Buying Property Iin Spain

The Spanish property market poses many benefits which attract foreign investors from around the world. The most common nationalities who invest in new property projects in Spain are Brits, germans, Swiss and Scandinavians with strong currencies against the Europe and who seek warmer climates, safe and accessible expat community and good investment opportunities.

 What Germans require to invest in Spanish property market?

NIE which is a unique and exclusive identification number of sequential nature is required to buy a property in Spain. Foreigners may apply for the NIE in person or through an authorised representative.

When it comes to buying a property in Spain, real estate management services in Spain can streamline the process. A real estate agent can help you find the perfect property for your requirements at a good deal and when you have finalised on a property, the agent can draw up the contract that will serve to expedite the processing of the NIE.

 

Get a Visa by buying a property

Spain currently offers a ‘Golden Visa’ program which is a form of investors visa. If you invest EUR 500,000 in a Spanish property (one or more than one properties), you will automatically be eligible for a residency visa. This visa will allow you to live in the country and is not a work permit.

 Can a foreigner apply for a mortgage in Spain?

In Spain, foreigners are granted loans without the necessity of having a Spanish residency. They usually are subject to same mortgage rules and laws as Spanish residents. In principle, foreigners may have a bank account in their home country , but it is recommended that property buyers have an account in a bank which has new build villas for sale. There many Spanish banking companies operating abroad.

Where to find Spanish properties?

Real estate management services can help you find your perfect Spanish property. Other than that, there are several property portals with various property options in their listings, from new property projects to off plan development. As foreigners are not required to acquire citizenship for buying a property, it is possible to purchase a Spanish property sitting at your own home in your home country.

Mxm-newhomes is one such real estate management firm and online property portal with hundreds of Spanish properties under their management. Their online portal features new build villas for sale in Sapin, apartments, townhouses and many property options in the best locations in the Spanish coast.

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The Spanish Real Estate Market is Showing Robust Recovery!

The Spanish real estate market went through a turmoil during the 2008 crisis but is has recovered and is showing transaction levels seen before the crisis. Property prices are soaring slowly, but overall the market is showing good health.

A report by Spain’s National Property Register showed that close to 465,000 property sales or purchases were recorded in 2017 – a rise of 15 percent from 2016.

Since 2008, the economic crisis slowed down the Spanish economy, preventing many borrowers from paying back their property loans. Prices plummeted and showed recovery only after 2014. Since then the Spanish properties in Marbella and other attractive regions is once again attracting buyers from all over the world. 

In 2017 Property prices increased an average of 7.6 percent. The prices are still 21 percent lower than 2007 prices. However, looking at the current scenario, prices of new homes and other regions is showing an upward trend. This can be associated with the strong economic growth of the Spanish economy which boosted the housing market.

The report also states that 13 percent of housing purchases were made by foreigners in 2017 led by British and French nationals. Touristy areas with wide options of new homes in Costa Del Sol, the proportion is higher, such as in the Balearic Islands where it stands at 35 percent and Canary Islands with 29 percent. According to the Spanish property portal Idealista, prices in Madrid grew by 12 percent in 2017.

Demand for Spanish Properties continues to rise, with house sales expected to rise by between 10% and 15% to reach about 550,000 transactions this year, according to TINSA.

Demand by Foreign investors continues to rise

Since 2014, the demand by foreign investors is rising. In 2017, foreign homebuyers bought over 61,000 homes in Spain, up from about 53,500 from a year earlier, based on figures released by Property Registrars, representing about 13.1% of all home sales in Spain, from 13.25% in 2016, 13.18% in 2015, 13.01% in 2014 and just 4.24% in 2009.

Brits remain the number one buyers followed by French, Germans, Swedish, and Belgians. The proportion of Romanian and Chinese buyers is also increasing. The Golden Visa Scheme has be given credit for bringing in investors from not only the Middle East but also from Asia and Russia. 

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Lavish New Developments for sale on the Costa del Sol!

Spain’s real estate market is looking bright with a large influx of expats settling in Spain and the new developments in Costa del Sol which are making this sector uniquely attractive. The new developments are quite different from the ones that were constructed in the past. Today the properties have a contemporary design, boutique touch and a wealth of amenities even in townhouse or apartment projects. New developments in Costa del sol have bespoke architectural design, with no two projects being identical. These properties offer quintessential luxury and are located at sites which capture the Spanish coast at its finest!

A Bespoke villa in Cabopino:

These luxurious new build villas in Spain are located in the border of Mijas and Marbella, next to a stately gold course, within walking distance of the beautiful beaches and the Marina of Cabopino. All the villas have beautiful sea views that are maximized by the topography of the land, facing south.

A modern day living in Bahia de Casares

These upbeat apartments meet all the expectation of the modern-day home owner. The apartments have large terraces, and/or private gardens, cream marble floors, fully equipped kitchens with Bosch and Siemens appliances, air conditioning throughout, whirlpool baths, fully equipped bathrooms, fitted wardrobes and walk-in closets. The beach is at a short distance from this new build apartment is only 3 min drive away from Puerto de la Duquesa.

A royal abode in La Resina:

Enjoy the sun and beautiful views of the sea and coast from the solarium, relax in the Jacuzzi, read a book and enjoy under the blue expanse in the large terrace, and if you step out of one of these luxurious villas, you’ll be greeted by a private pool and a lush green garden. These villas are located in the prestigious residential area of La Resina and just minutes away from Marbella and Puerto Banus.

Semidetached houses in Cabopino:

Exclusive four-bedroom boutique style semi detached villas on the front line of the Cabopino golf course in a prime location of Marbella. These modern villas are equipped with state of the art technology like aerothermal system for hot water, air conditioning and underfloor heating, reinforced doors, video intercom, etc.

Upbeat luxury homes in Los Arqueros:

2 and 3-bedroom apartments on the ground floor and first with duplex penthouses with 3 bedrooms, with large terraces and private gardens, designed to enjoy exterior and interior without barriers. The living room, with access to an impressive terrace, joins the open kitchen, which in turn has access to a terrace-dining room. The urbanization has two pools, one outdoor and one indoor heated.

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Get Townhouses Off Plan In Torre Del Mar!

Townhouses Off Plan In Torre Del Mar!

Torre del Mar (Málaga - Costa del Sol)

MA-TM-22032018

Exclusive urbanization composed of 12 terraced houses with 3 bedrooms on one floor, sharing common areas and pool. So you can enjoy the outdoor life by the sea, without giving up the security and privacy that only a closed community can offer you.

It is grouped on one floor plus basement with garage and storage room ventilated and with natural lighting, which you access from your own individual entrance. The spaciousness of the spaces distinguishes each house, communicating the rooms with the central patio and enjoying its large living room with integrated kitchen.

From 293,000€

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Exclusive New Properties for Sale in Costa Del Sol

Beautiful beaches with ivory-white sand, popular party culture and cuisine, vibrant culture, dance, music and festivals, and the exquisite Spanish architecture; the list of reasons why Spain is the third most visited country by tourists is endless. Not just for tourism, it is well known that Spain is very popular among expats also. Among the many amazing Spanish locations, Costa Del Sol is among the best locations for expats to reside. The reasons to choose Costa Del Sol over other locations is endless. But, form a pure lifestyle design point of view, Costa Del Sol offers great value for money, modern amenities and country side living, a prominent cultural and sporting lifestyle and most importantly a safe and friendly place to live.

People who choose to buy new build properties have different requirements and expectations. Some prefer a beach view, some prefer buying a house close to the main city, some choose humble apartments and there are also the opulent ones who prefer luxurious villas with a private pool. We have put together a list of new build properties in Costa Del Sol that can help you find your ideal property.

1. A house with a view

Are you moving to Spain solely because you love the Spanish beaches? Well, we have the perfect property for you. Rincón de la Victoria Málaga- Costa del Sol is an exclusive new development with beautiful sea views. Enjoy waking up looking at the sun rising from the horizon on the Mediterranean Sea from this luxurious new property.

2. A different kind of property

Spain is all about surprises and if you’re looking for new build properties in Costa Del Sol with a fresh design, and unconventional architecture, then the PANORAMA apartments should be perfect for you. The property features a unique avant-garden design in a natural elevation, situated a few meters away from Reserva del Higuerón in Benalmadena. Its location offers one of the best bay views of Fuengirola.

3. Close to all amenities

For those who want to be close to all kinds of amenities, HORIZONTE Benalmádena Málaga seems like a perfect fit. All major amenities, schools, hospitals, sports center, supermarkets etc are in close proximity to this exclusive apartment with large terraces and beautiful views. 4. Walking distance to entertainment

This modern villa in Estepona, located in a residential area is surrounded by some the best golf courses, restaurants, bars and other places of entertainment of Costa Del Sol. The villa offers panoramic views and is located in a community with 24hr security in El Paraiso.

5. Luxury and serenity

The Sanctuary Villas in Estepona Málaga offers a perfect combination of luxury and serenity. Its boasts a unique contemporary design, which exudes an atmosphere of perfect peace and tranquility and featuring the highest of qualities to ensure the maximum comfort.

Contact Mxm-newhomes and let our expert real estate agents in Spain help you buy your dream house in Costa Del Sol!

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