New or old? What to choose for your real estate purchase on the Costa Brava?

An investment in Spain is a wise investment but the choice is not always easy to make for the orientation towards an old or new home. In addition, the location is also decisive to hope to obtain the best return.

An investment in Spain in a new real estate program

The real estate purchase new has many advantages, especially on the Costa Brava. Among the advantages of a new property purchase, you directly benefit from the latest construction conformities with a building that will offer you excellent thermal and sound performance.

By turning definitely to quality materials, you have partitions that will allow you to gain silence, a slab thickness and frames that will keep the home cool during the summer periods and warmer during the winter periods. . 

In addition, constructions on the Costa Brava and more generally in Spain must comply with European standards, which are particularly strict on the subject. This is why builders take the ecological aspect into account by offering real estate constructions with clean materials and buildings that ultimately consume little energy.

An intelligent layout corresponding to current needs

Another advantage of making a real estate investment in new homes in Spain is access to all amenities, unlike older homes. Ramps are installed on the stairs for more security, the elevators are more functional. This may seem trivial to you, but recent legislative reforms force buildings to meet particularly strict standards. People with reduced mobility should not be discriminated against and therefore a large part of the residences offered for sale allow a person in a wheelchair to move around without any inconvenience.

Another advantage and not the least, the many guarantees provided by real estate developers. Indeed, in the context of a new construction, you benefit from the ten-year guarantee which ensures you a good in full conformity over the next 10 years. If ever any subsidence or cracks occur between the handing over of the keys and the period of 10 years, the building builder will be obliged to carry out the necessary work.

The disadvantages of investing in a new real estate program

The major disadvantage of new construction results from its location. The coastline of the Costa Brava has experienced particularly strong economic growth, which means that the majority of the land has been bought back. Very many residences and very many houses were built during the 80s until the famous real estate bubble of 2008. The sites most interesting by their panorama are therefore no longer available or at particularly high prices. If you want to invest in a new real estate program with a reasonable budget, it is better to move away from the center, which will require using your vehicle to access the various amenities. In addition, laws on building areas in Spain have been enacted to make certain areas non-buildable, with the aim of preserving the landscape of the Costa Brava.

The advantages of investing in the old one in Spain

If you decide to orient yourself in the old, the choice of location will be absolutely essential. The house or residence must be ideally located to offer a maximum of amenities and services nearby. It is therefore easier to find exceptional properties in the city center or directly on the seafront. But beware, these are the most sought-after areas, which implies fiercer competition.

With the animation of the shops in the surroundings, the presence of restaurants and other activities, you will be able to access these different places, without the need to use your vehicle.

Unlike more uniform modern buildings, the charm of the old can operate with accommodations with true character. It is therefore not uncommon to find houses on the Costa Brava with large glass roofs, very high ceilings or atypical tiling. It is a matter of taste here because this type of house can very quickly become a real crush or on the contrary you definitely push back.

The disadvantages of investing in old timers in Spain

Investing in the old, often requires carrying out rehabilitation work. In fact, taking into account the needs of people with reduced mobility or seniors was not relevant at the time of construction. As a result, many buildings are unfortunately not equipped with a lift and have no access for the disabled. Another constraint, parking, because once again this need was not anticipated from the start.

You should also know that old buildings do not offer the same sound and thermal insulation qualities as new ones. Once again, some work must be considered to bring the building or apartment up to date. You can for example remove the partition which separates your kitchen from the living room to obtain an American kitchen. The flooring may need to be changed because unfortunately too old.

Conclusion

Before embarking on a property investment in Spain, it is important to take into consideration the many possibilities that you have. Do not hesitate to compare the offers on the market and to be accompanied by a professional who can use his network to offer you exceptional properties in the new in the old