Have you ever wondered what place you would want if you had a chance to travel abroad, wherever you want? Oh, we're probably going to pick the lovely and vibrant Marbesa, Spain.
Marbesa is situated in Marbella, a lively coastal town and this makes it incredibly popular. Locals and tourists alike enjoy it here. In reality, it offers the best atmosphere to settle down and start a new life for expats and the best climate - the warm Mediterranean one.
But would you buy a house or build a house?
The purchasing of an existing home has two main benefits: comfort and expense.
By helping you locate desirable homes, leading you through negotiations, and helping with the paperwork, a competent real estate agent will streamline the operation.
You will be able to close the deal until the bid is approved, and only move in within a month or two, depending on the circumstances
Check out our properties for sale in MarbesaHow much does it cost to build a house in Spain?
Overall, it is estimated that the cost of building the house will come in at 750-900 euros per square metre of a house built.
The final cost can come in higher as there is a tendency for you to pick higher quality building materials when building for your own use.
How to choose the right home when you are building or buying a home?
● Use a trusted developer/ real estate agent
One must have a good understanding of the developer's previous proceedings before investing in a house, especially if it is an off-plan project. You have to know the history of the real estate agent to ensure that they have an established track record in order to know that your money and future plans are in safe hands.
● Know as much as you can about the development
It's even harder to imagine what the property would actually look like until it's done while buying an off-plan project. Our recommendation is to visit the actual development story, to see if you want to bring some issue or change
Also, see where the land is located, see where the roads are, figure out where the house is going to be and what views you are likely to get. This will assist you in developing a more realistic conceptual representation of the final product.
● Calculate your ROI before you buy your property
It's critical that you measure the possible ROI before investing in a house. How will this be done? Subtract from the gross projected net profits from the property the annual rate, plus the interest you will incur.
It is not a small decision to purchase a home, and while it can be a sound financial investment, there is a lot to consider, including the housing market, interest rates, timing, and your expectations for the future. Speak to our investment experts and explore your prospective investment plans for the property and expected earnings.
● Consider your needs
A list of your desires and wishes should be the first thing you should do. You already have a general understanding of what you want to look like in your dream house — large pool, at least 3 bedrooms, good view — but it's nice to be detailed and take the more realistic stuff into account as well.
Until you start house hunting, getting a clear list of these items is nice to have, but also useful when narrowing down your list later in the process. A couple of instances of what you would put down:
● Within 10 minutes of walking, I want to be able to hit the beach
● There has to be a place nearby where my children can visit their mates.
● From the hills, I want an expansive view.
● I need to be able to drive to Malaga airport in around half an hour.
● I'd like every bedroom to have an en suite bathroom.
● I want quick golf course access
● I'd like to be close to a lot of clubs and restaurants.
Need some more help buying a house in Marbesa?
Our goal is to help create your dream lifestyle through every property that we design, build or promote, with emphasis on Marbesa, Marbella and the Costa del Sol.
Contact us here.
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