Most foreign property buyers in Spain invest in off-plan property and developments which often prove to be highly beneficial. Find out more below.
Spain has thousands of New Development property underway at all times. As explained in our Investment section there are excellent opportunities available if you are prepared to buy off plan property (property from an architects plans prior to construction) and wait for your property to be built. This however is not for everyone as many people like to view the property first or simply don’t want to wait up to 2 years for their property to be finished.
It is very important to ensure that you are dealing with reputable developers when buying off plan property in Spain and that your money is secure and safeguarded. There have been incidents when developers and investors have lost their money, however this rarely happens if you show diligence when buying off plan property and make sure you are insured against this kind of event, see investors protection.
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