Real estate investments:
Why is it profitable to buy in the construction phase?
Buying a property in Spain is not only an opportunity to live close to the sea, but also a sure way to increase your capital.
One of the most profitable options is to invest in housing under construction.
Why is it profitable?
Low price
Flats under construction cost between 20% and 40% less than completed properties.
Value appreciation
After completion of construction, the price increases.
Flexibility in conditions
Payment in instalments directly with the developer, without the need for bank loans.
High demand
New homes are selling well and are in high demand for rentals.
Income from
sale
Purchase in construction phase
€150,000
Price after delivery
€190,000
(+27%)
Resale profit
€40,000
Income from
rental
Long-term:
€1,000/month = €12,000/year
Tourism:
€100/night × 200 days = €20,000/year
What is important to bear in mind?
Reliability of the promoter - check the reputation of the promoter.
Location - popular areas generate higher incomes.
Documentation - make sure the construction is legal.
