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New Developments

As the term implies it is a Development that is either Completed or is still under Construction. There should be a Sales Office on site where you can see the Plans and Permissions that have been granted. Normally, a Show Unit will be on display where you can see the actual finished goods that will be installed into the property – kitchen, work surfaces, bathrooms, windows, AC/Heating and showing which units have been sold and which are still available. The Promotor will have a structured Pay Plan – starting with a Reservation…which effectively removes that property from the Market. From that point on and depending upon how far Construction has progressed you will be informed as to how the Stage payments are to be made until Completion. – the other Option is Off-Plan

Things to bear in mind with All New Developments and Off plan

In 2008 there was a Property crisis where many Developers went under, taking the Clients monies with them. Since then, Banks offer guarantees (avales bancarios) against this possibility. Before you sign anything with the Developer, it would be beneficial to get one of these guarantees from your bank for your individual property, rather than a collective one for the whole development, as it will offer more protection.

The Developer is now also required by law to secure all deposits with a Bank Guarantee once the planning permission is granted. You or your Lawyer can check the planning permission either with the developer themselves or on the Land Registry, to make sure that the developer has all the legal paperwork in order and the land they are building on really is registered to them.

Only once you are positive that everything is in order should you sign a contract, ensuring that it contains the amount to pay and the deadline for completion of the construction work. After the building is finished, you will be issued with a finalisation certificate (certificado final de obra) from the seller, and a license of first occupancy (licencia de primera ocupación) meaning it’s safe to live in.

If there do arise any problems with the developer, such as them not completing the work in time, or not meeting the standards stipulated in the purchase agreement, you are entitled to either extend the deadline or rescind the contract, having all your deposits returned to you with interest.

Do everything properly and don´t cut corners and you should have exactly what you have expected.



16 results
Available
780776 1000APV ND 269 Remove from favourites Add to favourites

Nueva Andalucia, Marbella 18 contemporary luxury villas 5 - 6 bedrooms New Development

This is a new development of 18 contemporary luxury villas with gated community…

  • 5
  • 5
  • 330 m²

Nueva Andalucía

1,995,000 €

Available
780909 1000AP ND 315 Remove from favourites Add to favourites

Nueva Andalucia Marbella Golden Mile Offplan Luxury villa of 4 beds with license in place.

Payment terms: 20,000 Euros Reservation Fee 950,000 Euros Buy The plot 30,000…

  • 4
  • 4
  • 608 m²

Nueva Andalucía

1,900,000 €

Available
780679 1000APV ND216 Remove from favourites Add to favourites

Benahavis, Luxury New Development in a gated community of detached luxury villas only minutes out of San Pedro

A New Development of luxury contemporary villas in the Gated Los Almendros Commu…

  • 4
  • 5
  • 221 m²

Benahavís

1,290,000 €

Available
780685 1000APV ND177 Remove from favourites Add to favourites

New Development of 10 detached luxury villas near Campanario, Atalaya, Estepona

4 units left
This small boutique project of 10 luxury villas have been beautifully…

  • 4
  • 4
  • 392 m²

East Estepona

1,160,000 €

Available
780748 1000APTH ND31 Remove from favourites Add to favourites

Frontline Beach 4 bed luxury townhouses at Estepona

Estepona, This fabulous innovative residential project for sale has private beach…

  • 4
  • 3
  • 257 m²

Estepona Playa

990,000 €

Available
780831 1000APA ND 103 Remove from favourites Add to favourites

New Luxury Development Estepona, 2 and 3 bed luxury apartments and penthouses with excellent sea views of Mediteranean

Completion 2nd quarter 2020
This Luxury New Development is ideally located a few…

  • 3
  • 2
  • 113 m²

Estepona

480,000 €

Available
780713 1000APA ND56 Remove from favourites Add to favourites

NEW DEVELOPMENT Estepona Luxury Apartments and Penthouses in the best area of the New Golden Mile Estepona 2 and 3 beds

Luxury Apartments and Penthouses Estepona in the best area of the New Golden Mile…

  • 2
  • 2
  • 122 m²

Atalaya

450,000 €

Available
780833 1000APA ND92 Remove from favourites Add to favourites

New Development close to San Pedro and Benahavis of 2 and 3 bed luxury apartments and penthouses

A unique residential luxury development, created in accordance with the criteria…

  • 3
  • 2
  • 138 m²

Benahavís

392,000 €

Available
783998 1000APTH ND1343 Remove from favourites Add to favourites

Benahavis, New Luxury Development of 8 townhouses El Secreto 2 and 3 bedrooms

The select project is composed of only 8 units of 3 heights. The team has opted…

  • 2
  • 2
  • 171 m²

Benahavís

385,000 €

Available
780718 1000APA ND181 Remove from favourites Add to favourites

New Development next to Atalya Golf,Estepona Luxury 2 and 3 apts and pènthouses close to Benahavis and San Pedro

This promotion allows the personalization of your home, to your liking. An exclusive…

  • 3
  • 2
  • 158 m²

Estepona

375,000 €

Available
725697 1000APA ND1209 Remove from favourites Add to favourites

New Developemnt spacious luxury 2 and 3 bedroom apartments close to Atalaya Golf Estepona

New Offplan Project
Brand new development of 1, 2 and 3 bedroom apartments from…

  • 3
  • 2
  • 135 m²

Atalaya

324,000 €

Available
725367 1000APA ND1208 Remove from favourites Add to favourites

New Developemnt Atalaya Hills Estepona 2 and 3 bed luxury apartments

NEW DEVELOPMENT
A superb new constructionof 2, 3 bed and penthouses looking over…

  • 2
  • 2
  • 102 m²

Atalaya

280,000 €

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