According to experts at the Spanish Valuation Institute, new houses are becoming more popular in Spain (Instituto de Valoraciones)
New buildings were one of Spain's biggest surprises in 2020. Although COVID-19's arrival slowed property sales in Spain and filled the real estate market with uncertainty, new buildings were somewhat exceptional and succeeded, in some cases, in ending the year of the pandemic with sustainable demand, good sales volumes and price increases. If you plan to move to Spain, new developments and new sales in Spain can be a great option with many advantages. أرض سكنية للبيع في قطر
"The market for new homes shows a better evolution following the coronavirus lockdown in 2020 than for second-hand or pre-owned homes in Spain," explains the Spanish Research Instituto de Valoraciones, which has summarized the reasons for this recent increase in houses in a study and highlighted the many advantages of buying a new home instead of used property in Spain. The advantage of these systems is that most new housing developments are more adapted to demand, have higher energy efficiency and are mainly situated on the outskirts, and offer greater comfort than most pre-owned properties. Let's take a closer look at the benefits of buying a new building in Spain.
New buildings are better adapted to new demand requirements
COVID-19 lockdown in Spain made many families aware of their homes' deficiencies, particularly the lack of indoor and outdoor space. For this reason, the study explains that "new homes, villas and other properties that respond to the requirements of today's consumers have shown a greater interest during recent months: large outdoor spaces, lots of natural light, additional office spaces or high-energy efficiency, among others.
New buildings have additional spaces even if communal
Apart from the changing demand for property features, buyers express in 2021 the need for extra services like gardens, playgrounds, sports facilities or a swimming pool.
"These spaces have become more common in recent years and have gained importance. They can also be crucial in deciding to purchase a home," the study says. Parking and storage facilities are also among the extras requested.
Location: New developments are usually in the suburbs in Spain
One more reason for the recent boost in new houses in Spain is the fact that they can usually be found on the outskirts of big urban centers, or in medium-sized cities.
In this sense, the study recalls that the availability of land in the center of cities such as Madrid or Bardcelona has generally been limited so that "these areas far from the center are presented to people interested in new homes as an additional attraction. These zones are less populated and tend to be quieter, but they usually provide all kinds of services in the immediate vicinity, such as schools, hospitals or shopping malls," the Institute of Valoraciones experts add.
more efficient and with the option of finishing
Another great advantage of the new buildings is the ability to customize your new home. Many new developments will allow buyers to alter their plans, which are known as off-plan housing, where buyers often have the option to choose materials for rooms such as bathrooms or kitchens.
"These are some of the added values that new constructions can provide to design a tailor-made house with styles such as 'open concept,' the option of including home automation technology or other solutions that favor energy conservation." At the same time, the instutite also emphasizes that it is 'sustainability' which characterizes such homes, given that building processes are currently more sustainable and housing more efficient.'
Advantages in payment form
Although the purchase of a new property in Spain is generally more expensive than in a second hand, due to higher taxes and fees, in many cases new developments have payment formulae which facilitate the purchasing process for buyers. Options frequently include starting to pay installments during construction of the house or the ability to obtain favorable mortgage terms due to certain agreements with banks between the developers.
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