New build vs Resale: What type of house for sale in Spain is best for you?

1 sie 2024

When it comes to buying a house for sale in Spain, one of the first decisions to make is whether to opt for a New build or a resale. Both options have their advantages and disadvantages, and depend on your preferences, needs and budget. In this article, we show you the differences, advantages and disadvantages of both types of houses.

What are the differences between New build and resale?: Advantages and disadvantages of each type of house for sale in Spain

Design: The New build usually has a more design modern, functional and efficient than resale, since it adapts to the latest trends and regulations. Resale houses in Spain have a style traditional, classic or Mediterranean. Plus, you don't have to worry about decoration, since most of them are sold furnished.
The ubication: The New build is usually located in new areas or expanding, where there is more space and tranquility. However, it may also be further away from services and infrastructure. Resale is usually located in central areas or consolidated, where there is more life and comfort. However, it can also be more saturated and noisy.
The price: Second-hand homes are usually cheaper but usually need renovations.The houses ofNew build For sale in Spain they usually have a higher price than resale ones, since they offer greater quality, durability and energy efficiency.

New build Houses: more expensive but greater energy efficiency, quality and customization

The quality: It offers better quality in materials, finishes and equipment than resale, since it meets current construction standards.
Efficiency: greater energy and environmental efficiency, as it incorporates thermal and acoustic insulation, heating and cooling, lighting and ventilation systems. This means savings on bills and lower CO2 emissions.
Customization: The New build offers greater customization than resale, allowing the buyer to choose the type of home, size, layout, furniture, appliances and other details. This makes the home better adapted to the needs and tastes of the buyer.

Resale houses: better price, but usually needs renovations

Resale has some advantages that make it an interesting option for buyers looking for available, located and affordable housing. However,A second-hand home usually requires rehabilitation or renovation in many cases.

In addition, second-hand homes tend to have less efficient heating systems than those of newly built homes, which generates a higher energy expenditure and, consequently, higher bills.

What is the best option to invest in a house for sale in Spain in 2023?

Buy a house for sale in Spain of New build is a very good option to obtain profitability due to:

Superior quality product that meets new housing needs
Sustainable features
Immediate liquidity to rent or sell in the future

The constant increase in demand and the continuous rise in prices have made newly built houses become one of the most profitable options in the Spanish real estate market. Given that its appreciation exceeds that of other types of property, and that it acts as a safe haven against rising inflation,Investment in new construction properties in Spain will continue to increase in the coming years.

If you still have questions about what type of house for sale in Spain you want to buy, contact us to answer all your questions.

Still don't know if one is better for you? house for sale in Spain from New build or resale to buy? We recommend that before making such an important decision, you have the help of experts in the Spanish real estate market. At BUY IN SPAIN, we advise you, without obligation, in a personalized way according to your tastes, reasons for buying a house for sale in Spain and financial situation. Contact us now through: