Burriana Properties, Off Plan development properties Nerja

Buying off plan properties - or at some point during the construction process - is a popular option in Spain as the earlier you buy in, the less expensive your total purchase price will be. However, while many homeowners are satisfied with the final outcome, you should be aware that there is always the risk the developer will run into hard times and the building will not be completed.

To cover this risk, builders are required to take out a special bank guarantee that will compensate investors should things go wrong. Before investing in any not-yet-completed project, check on this guarantee and consult with representatives of the bank that is standing behind it.

Once you are sure the project is properly guaranteed, there are many other factors that you must take in too consideration, including have I chosen the right location, how much building is going in the area, what are the payment plans, are you able to sell on without penalty, is there a mortgage available, is a kitchen or air-conditioning or any extras included, what is the quality of the build going to consist of and what proof do I have of past build projects, have the building licenses been granted?? We have made it our priority to know every single detail of any new development we promote to ensure that buying off plan is a successful investment for our investors.