New build properties proving popular in Marbella

The trend for buyers investing in new build properties on the Costa del Sol remains in its ascent and this type of residence is becoming even more popular as the Spanish real estate market continues to prosper and flourish.

The choice of purchasing a new build property, either completed or off plan, is proving to be a more attractive option with clients of property agents in Marbella and its surrounding region. Seemingly people buying a new or second home in Spain, or those wanting to invest in real estate in the area, are more interested in a modern property than something older or more traditional in style.

The advantages of a brand new villa, apartment or townhouse are clear and definitely beneficial. Firstly and arguably most importantly, these new homes are sold with firm guarantees and normally come with a ten year warranty that provides great peace of mind.

The building standards applied to the development of new homes are far stricter now and this has ensured that brand-new housing is far more energy efficient. These properties are therefore cheaper to run, reduce the household carbon footprint and create additional financial savings in the long term. In addition to helping save the planet, new builds can improve the health of those who suffer from allergies or asthmas, as they invariably offer superior air filtration.

Safety and security issues are addressed immediately as modern homes are built to adhere to strict safety regulations, using fire resistant materials and incorporating useful technology to work with alarm systems.

The favoured architectural style presently leans towards a modern aesthetic with clean lines and a minimalistic approach to interior design. Uber chic and highly contemporary are the new order of the day when it comes to furnishings and bathrooms, and often when buying off plan the buyer can happily benefit from being able to choose their own colour schemes and certain fixtures and fittings.

Recent industry reports show that this trend has increased from last year in line with data relating to the Spanish property market in general. According to the National Institute of Statistics (INE) the number of new homes sold across Spain in the first five months of 2018 increased by 13% compared to sales from the same time period of 2017.

Whatever the reason, it is clear that the popularity of new build housing continues to prosper in Spain. To view the best of Marbella’s contemporary modern properties in the Loraine de Zara portfolio click here.
About Loraine de Zara
Loraine de Zara is Marbella’s specialist real estate company with a dedicated team of multilingual property professionals who know the area, its lifestyle and residential zones in detail.