Can you picture yourself moving into a modern villa with a swimming pool, or would you prefer a charming apartment in an established residential development? When looking for a property on the Southern Costa Blanca, one of the first decisions you will need to make is whether to choose a new-build or resale property.
Both options offer advantages and can be excellent ways to enjoy the Mediterranean lifestyle. The right choice will depend on your preferences, budget and how you plan to use your future home.
We will help you discover the main differences so you can find the perfect property for you.
1. New-build properties: modern design and comfort
New-build properties are particularly appealing to those looking for a contemporary home, with bright spaces and layouts designed to meet today's needs.
In areas such as Villamartín, Orihuela Costa and Pilar de la Horadada, you can find residential developments offering apartments, bungalows and villas with a variety of features.
What are the advantages of buying a new-build property?
Contemporary designs: open-plan spaces, large windows and functional layouts.
Energy efficiency: new homes must meet current energy-efficiency requirements, which can help reduce energy consumption.
Modern facilities: depending on the development, properties may include communal swimming pools, gardens, parking or a solarium.
Less need for initial renovation: as the property is brand new, you will not normally need to carry out major refurbishment work.
Furthermore, when buying off-plan, some developments allow you to choose from different finishes or personalise certain features of your home.
2. Resale properties: established locations and plenty of choice
Resale properties also offer excellent opportunities on the Southern Costa Blanca, particularly for those who want to buy in areas with well-established residential communities.
From apartments near the beach to detached villas with gardens, the resale market offers homes in a wide range of styles, sizes and specifications.
Why choose a resale property?
Established locations: many properties are situated in residential developments close to restaurants, supermarkets and local amenities.
Greater variety: you can find everything from compact apartments to villas with spacious outdoor areas.
Possibility of moving in sooner: if the property is available and the purchase is completed without any complications, you will not have to wait for construction to finish.
Opportunities to personalise: some properties can be renovated to suit your tastes and needs.
One of the most appealing advantages is that you can visit the finished property and see its rooms, orientation and surroundings for yourself before making a decision.
3. What about taxes and additional costs?
The type of property also affects the taxes associated with buying a home in Spain.
In general terms:
New-build properties: when purchased directly from the developer and the transaction is subject to VAT, a standard 10% VAT rate generally applies, in addition to any other relevant taxes and costs.
Resale properties: these are generally subject to Property Transfer Tax (ITP), the amount of which depends on the autonomous community and the circumstances of the transaction.
In both cases, it is important to allow for other expenses, such as notary fees, Land Registry fees and legal advice.
Before making your decision, it is advisable to calculate the full cost of the purchase and seek professional advice.
4. Where can you find new-build and resale properties on the Southern Costa Blanca?
One of the main advantages of looking for a home in this region is the variety of properties available.
Villamartín
An area highly regarded for its international atmosphere, golf courses and residential developments. You can find both resale apartments and villas, as well as newly built homes.
Orihuela Costa
Ideal for those who want to live close to beaches such as La Zenia, Playa Flamenca and Cabo Roig. Its property market includes different types of homes suitable for holidays or permanent residence.
Torrevieja
An interesting option for those who prefer to live close to the sea while enjoying the amenities of a coastal town, with both new-build and resale properties available.
Pilar de la Horadada
A town that combines a Mediterranean atmosphere, residential areas and proximity to the beaches of Torre de la Horadada and Mil Palmeras, with a range of new-build developments and resale properties.
5. Which type of property best suits your lifestyle?
Before making a decision, think about how you would like to use your property.
If you are looking for a second home for holidays, you may prefer an easy-to-maintain apartment with a communal swimming pool, close to beaches or golf courses.
If you want to move to Spain permanently, you may place particular importance on interior space, nearby amenities and year-round comfort.
If you are looking for an investment property, it is worth considering its location, maintenance costs and potential demand, as well as the legal requirements that apply to rentals.
And if your priority is to enjoy a modern home without having to carry out renovations, a new-build property could be the option that appeals to you most.
Find your next home with Vista Casas
Whether you prefer the design of a new-build villa or the charm of a resale apartment, the Southern Costa Blanca offers plenty of opportunities to find your ideal home.
At Vista Casas, we can help you discover properties in Villamartín, Orihuela Costa and other towns in the region, taking your preferences and desired lifestyle into account.
Explore our selection of new-build and resale properties or get in touch with our team. Your new home on the Costa Blanca may be closer than you think.
