If you are looking for a new home, perhaps you have considered the option of new construction and Alicante is one of the best cities in Spain to invest. But, is it very expensive to buy a new house in Alicante? We tell you all about it!
Why is better buy than sell a house?
If you are in love with Alicante and have decided to live or spend your holidays in the city, one question will come to your mind: Should I buy or is it better to rent? Nowadays Alicante is a tourist province par excellence on the Costa Blanca and one of the favourite destinations in Spain and Europe.
To tell the truth, it is a star city for holidays, it has a lot of demand for rentals and little supply, that is to say, it has very high prices for renting a property. Certainly, it can be a problem to find a rental property or an advantage to rent your home.
However, even with its popularity, Alicante maintains affordable prices for property sales. It is one of the cities with the best quality/price ratio for its houses and with a very high quality of life index.
However, prices for food, consumer goods, leisure and so on are reasonable compared to other areas and it is possible to have a medium-high purchasing power without much effort. compared to other areas and it is possible to have a medium-high purchasing power without much effort.
Buy a new building in Alicante
New construction are those homes that have never been inhabited. In other words, those that are generally bought off-plan or recently built.
This type of housing has a number of advantages over buying second hand (houses that have already been lived in):
- You can personalise your home. Buying off plan means you can request the changes you need to make the house to your liking.
- It is more economical than the house already built. Buying directly from the developer avoids third party commissions and the price is more affordable.
- Buying a new property as an investment: Buying a new property will make holiday rentals much easier than buying a second-hand property. Tourists are looking for comfortable and new spaces.
- Construction guarantee: New build properties have a 10 year construction guarantee.
Types of new housing
What types of houses are there in Spain? This is a very recurrent question if you are going to invest in a property.
Villas: These are generally luxury detached houses, with a plot, swimming pool, several bedrooms and generally elements such as a basement or outdoor gym. Ideal for those seeking privacy.
Bungalows: Houses that even though they have a plot, they have neighbours. They are located in residential areas with shared elements such as: gymnasium, swimming pool, green areas, paddle or tennis court, social club and children's area.
Flats: These are the most common type of housing in Spain. They have several rooms but do not usually have common areas such as a swimming pool or rest areas.
Studio: A very small apartment designed for a single person or a couple to live in. a single person or a couple.
Buy with a professional
Buying a house or a summer residence is the most important investment of your life. Therefore, you have to think carefully and choose the best offer. Buying with a professional is very necessary to get it right.
At Immosol, we have more than 28 years of experience in the real estate sector and we build houses that are a dream come true. If you are thinking of investing, buying your home or you are just curious, ask us! We are completely at your service.
