Andalucía is always under construction with
new property developments springing up in every category. Homes
in these new "urbanizaciones", as they are called
in Spanish, are up for sale before the ink has dried on the plans,
and from then on, it's first come, first serve.
The earlier in the building stages that you become
involved in the purchase of a new home, the more economical your
investment will be. Therefore, if you can afford to wait, this can
be an ideal way to make an investment that will almost surely earn
you money. In fact, there are those that invest in apartments and
villas from plans strictly for the purpose of re-selling the completed
product and making a profit.
Slight risks can be involved in making a purchase
of this nature. However, with the mandatory insurance now required
of builders - under Spanish law - any investor taking the necessary
precautions should be able to feel quite secure. To learn more about
the process of buying from plans, click here.
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