What can I expect from a new build on the Spanish Coast?
New builds on the Spanish Coast range from contemporary ground floor apartments with a minimalist style to luxurious villas with more than 5 bedrooms set on generous plots of land, and include everything in between.
All properties are impeccably finished and built to the highest European standards. If you buy them off-plan, you will often have the option to choose the specific materials yourself. From the tiles and kitchen countertops to the colour scheme and appliances; you can add a personal touch.
In recent years, there has been a trend towards properties built within gated communities, which offer residents access to a variety of on-site facilities and services (e.g. a swimming pool, spa, gym, concierge). These complexes are usually located in the most sought-after areas of the coast.
Is a new development on the Spanish Coast right for me?
Real estate developments on the Coast are a booming market, and it's easy to understand why.
Firstly, they are a great option for investors, with great potential for capital growth. If you are looking to expand your rental portfolio, they are a safe bet that will offer you a solid annual return.
Financial sense aside, the Costa is currently one of the most attractive places to live in Europe. It boasts incredible year-round weather, growing infrastructure, excellent leisure facilities, first-class golf courses, fabulous beaches, amazing restaurants and a vibrant nightlife.
New builds benefit from an idyllic location. Situated in 5* gated communities, they are often surrounded by lush gardens, with panoramic sea views and a tranquil atmosphere. They are the perfect place to relax and enjoy the sunshine, although the bustle of the city is never more than a stone's throw away.
They are also conveniently located close to daily amenities (such as supermarkets, schools, hospitals, etc.) and transport links.
Perhaps you're looking for a place to enjoy a relaxed summer holiday with friends and family and live a life of luxury? Perhaps you want to retire to a private and tranquil setting in a warm, sunny climate? Or are you considering moving for work and want to start a new healthy lifestyle in Spain?
There are many reasons why a new luxury development on the Costa could be the perfect choice.
How much do new developments cost on the Spanish Coast?
The cost of a completely new development can vary significantly depending on the style of the property (i.e. villa, townhouse or apartment), its overall size and its specific location.
As you might expect, some new builds can be very expensive, particularly large villas located in prime locations. These properties often reach prices in excess of €3 million, which is a testament to their exceptionally opulent and imposing attributes.
However, it should be noted that new builds on the Costa are not reserved for the rich and famous. Many new developments, including those that are already built and those that are available off-plan, can also be found at the opposite end of the price scale, often starting from as little as €250,000.
If you've always dreamed of owning a stylish and contemporary home in this stunning area of Spain, don't hesitate to contact us. As a highly experienced real estate agency, we collaborate with a wide range of developers and are confident that we can find a property that meets your needs, desires and budget.
Which areas can be the most interesting both in terms of quality of life and profitability?
We dare to say that the area with the most potential is the area of Benidorm on the Costa Blanca, especially La Nucia. La Nucia today is a quiet town of white houses, located in a privileged space between the sea and the mountains of Alicante, being also the gateway to the spectacular mountain valley of Guadalest.
Just a 12-minute drive from Benidorm's Poniente beach or 17 minutes from the Altea golf course.
A large project is being developed in it that consists of multiple sports (David Ferrer Tennis School, Olympic Stadium, Pavilion, Skate Park, Oasis Games, several football fields, network of trails, Bike park, MTB network...), international schools, shopping center, clinics and where a large housing project will begin that will combine everything current with the environment, and ecology, in a quiet, sunny and comfortable environment.
Another important area may be the area of Estepona, where good projects are being developed but are for future developments (such as "Starlite Music World" that will bring together several cultural, hotel, gastronomic and educational performances). In addition to the City of Music and the Audiovisual City.
