Buying a house under construction can be an excellent opportunity for those who want to have a new house and have all the guarantees offered by the new work and, also, are making an investment in the future.
If you anticipate, you can choose size, distribution, location within the Residential , height and orientation that you like.
However, it can also be a risky decision if not all the important factors are considered.
But, Do you know the factors to consider when buying a home under construction? If your answer is no, don’t worry, because from Myramar we show you them throughout this text.
These are the factors to consider to buy a home under construction
For the purchase of a home under construction to be successful, you have to take into account the factors that we include below:
The location of the property is one of the most important to consider. In this sense, you must ensure that the area is safe, has access to public transport, shops, schools, hospitals and other necessary services.
Having a clear and realistic budget before buying a home under construction is bald. At this point, you should make sure to include all expenses, such as VAT, such as notary and registration fees and incorporation and mortgage expenses. Future expenses such as those of the Community of Owners, IBI.
Pre-investigate the builder and make sure he has a solid track record in terms of construction quality and project completion within the agreed time frame. This is one of our premises, we have been building houses more than 65 years and we are referents in Malaga and Costa del Sol
Drawings and specifications
Review the project drawings and specifications in detail. In this way, you can check that the property fits your needs and requirements.
From Myramar we optimize the distribution of the houses to create wide spaces, we take care of every constructive detail such as thermal and acoustic insulation. Having an energy certificate B or higher will make your home more efficient and environmentally friendly.
Knowing the delivery times and project completion dates is also important. It has to be specified in the sales contract. So you know when to move to your new home.
Guarantees and insurance
All amounts paid into account must be endorsed by the promoter and deposited in special account of customers. When writing you must receive the Book of the Building where you will find all the guarantees related to the property.
Mortgage and financing
Make sure you have a clear idea of how you will finance your home purchase. Research different mortgage options and whether you can meet payment requirements.
Purchase a home under construction taking into account the above factors
As you may have noticed, buying a home under construction requires care, consideration and planning. For these reasons, it is essential to consider all factors before making a decision.
Choosing a promoter like Myramar, who accompanies you during the process of purchase, construction and delivery guarantees you to be informed and advised at each stage.
As for the location, if you want your home to be in an idyllic place like La Costa del Sol, we remind you that our real estate developer has the best homes in Benalmadena-Arroyo de la Miel and Mijas Costa.
Contact Myramar for more information.