Moraira New Build Property for Sale
Properties for sale in Costa Blanca & Villas in Moraira
Discover best properties, houses, villas and apartments in Moraira, Benitachell and other areas of Costa Blanca.
Villas · Sale · Moraira Ref: 20.2770
Three bedroom property for sale in Moraira. Beautifully presented three bedroom villa for sale in Moraira, constructed in 2001 this stunning property boasts good room sizes and lovely open views. Property Features. 11 x 5 metre private pool. Under-floor heating. 10 minutes from...
Villas · Sale · Moraira Ref: 20.2910
Semi-detached 3 bedroom villa in Moraira with enclosed gardens and private pool. The property enjoys good sea views and is located on the lower part of Benimeit, 2 kms from Moraira, the commercial area of Tabaira where you can find a supermarket and a few bars and restaurants is 12 minute walk...
Villas · Sale · Moraira Ref: 20.3114E
Sea view villa next to Moraira town. Superbly located short walking distance from Moraira town centre and the beach, this beautiful Spanish villa boasts fantastic town and sea views, private completely walle gardens with Jacuzzi, and guest apartment. Southerly exposure. Exceptional views...
Villas · Sale · Moraira Ref: 20.2805
Fantastic villa near the village with many possibilities. Two level villa distributed in upper level with large naya, summer kitchen, living room, 2/3 bedrooms, two bathrooms and separate kitchen. Lower level with open naya, garage, storage room and wine cellar. The house consists of A / C,...
Villas · Sale · Moraira Ref: 20.3063
Beautiful villa with open views and indoor pool. Beautiful property on two levels divided into main floor with glazed naya with open views, living room with open kitchen fully equipped, bathroom with shower and two bedrooms one double and one single. The lower level is a diaphanous space. The...
Villas · Sale · Moraira Ref: 20.2634
Located just a short distance to Moraira and easy walking distance to a good selection of amenities, this fantastic three-bedroom villa features private swimming pool, beautifully presented interiors, and lovely open views. The accommodation is arranged over one floor and...
Villas · Sale · Moraira Ref: 20.2856
Beautiful villa a few minutes from Moraira center, with fantastic open views and sea. Nice one level villa distributed in glazed naya, large living room with open views, living-dining room, open plan kitchen with breakfast bar, spacious bedroom with access to a bathroom and double bedroom with...
Villas · Sale · Moraira Ref: 20.3021
4 bedroom Villa for sale in Moraira, 5 minutes from the town and beach. Charming villa close to Moraira on one level distributed in four double bedrooms, three bathrooms one of them en suite, living room with open views and direct access to the terraces, fully equipped kitchen with access to...
Villas · Sale · Moraira Ref: 20.2721
Beautiful house with open views split on two levels; Upper level with living room very bright with open kitchen, storage room, two bedrooms and a bathroom. Second level with living room with open kitchen, bathroom and two bedrooms one double and one single. The house consists of 8x4 private...
Moraira New Build Property for Sale
Things To Take into Account When Buying New Build Properties In Spain
In Spain, the builder retains ownership until the property is completed. It is only when the necessary certificates of building completion (fin de obra) and of first occupation (primer ocupación) have been issued, that the escritura for the sale can be finalised and the sale notarised. The buyer does not own any part of the property until the sale is finalised.
When buying a new build property in Spain, there will be a contrato de compraventa, but this will be a “promissory contract” for the purchase in the future, when the building is completed. This contract will normally provide for advance payments (pagos adelantados). This is acceptable, so long as the contract also provides the guarantee (required by Law 57/68) for the return of any money paid, which is normally through a bank guarantee backed by a bond which the builder has deposited (aval bancario), or an insurance policy (garantia de seguro).
In the event of non-completion, the buyer is entitled under Spanish consumer protection to the return of all money paid during construction plus interest. It is a legal requirement that builders / developers include such a guarantee (certificado de garantia) in their contracts which specifically provides for the return of all money paid plus interest. The builder may not charge the buyer for providing this guarantee.
Main differences between the process in the UK and Spain
The big difference compared to the system in the UK is that, as you do not own the property, you cannot arrange a mortgage to finance these advance payments.
Normally, builders in Spain obtain mortgage finance for the project from their bank. When the property sale is finalised, and the project split up into the individual parcelas, the buyer has the right to “subrogate” (i.e. take the place of) the builder in the mortgage for his particular plot. The buyer will have to complete an application similar to that for a new mortgage, and go through a similar approval process. If the buyer requires a larger loan than that available by subrogación, this would be treated by the lender as a separate second mortgage.
Pre-contract Checks you must do.
Because you are buying from a developer, it is even more important to carry out the relevant “pre-contract” checks; in particular, you still need to:
1. Prove that the developer does own the land – you need to see his escritura.
2. Check that there are no loans outstanding – you need to obtain a nota simple.
3. Ensure that the developer has paid his IBI – you need to see receipts.
4. Obtain a certificación catastral and check the plan parcial to ensure that the urbanización itself is registered and to check that the property is as described to you.
5. Check with the Urbanismo, the town planning office, to ensure that the development is in an area zoned for building and that planning permission has been granted, and that there are no other developments planned nearby that could affect your new property.
6. Check that the builder has obtained a Licencia de Obra (Building Permit).
7. Check that he has obtained a Certificado de Fin de Obra (Completion Certificate), and a Licencia de Primer Ocupación (Licence of First Occupation). If the building is not yet completed, make sure that the contract includes a warranty from the developer that he will obtain and pay for these certificates, and provides penalties if these are delivered late.
Find your new build luxury property with Tabaira Real Estate.
At Tabaira Real Estate our property experts will help you find your perfect Spanish property whether you are looking for luxury first line properties, villas with pools, apartments in Moraira, property in Benissa, fincas and country estates, we market some of the most desirable properties in Moraira and surrounding areas.
We invite you to explore the catalogue of properties of our website. You will easily find the property that best suits your needs. Contact us today.
Finca · Sale · Benissa Ref: 20.1072
Villas · Sale · Cumbre del Sol Ref: 20.2563
Villas · Sale · Moraira Ref: 20.1023
Apartment · Sale · Cumbre del Sol Ref: 30.300
Apartment · Sale · Teulada Ref: 10.154
Villas · Sale · Cumbre del Sol Ref: 20.2427
- Pla del Mar Moraira - Costa Blanca villas for sale
- Estate Agents in Moraira Spain
- Moraira Apartments for Sale
- Villa in Moraira with pool