Buying a new build property in Spain is one of the safest and most transparent ways for international buyers to enter the Spanish real estate market. Regions such as Costa Blanca, Orihuela Costa, Torrevieja, Villamartín, Campoamor, Cabo Roig, La Zenia, Guardamar del Segura, Pilar de la Horadada and also Costa Cálida, Mar Menor and the Murcia coast are especially popular thanks to their climate, modern infrastructure, excellent beaches, golf courses and strong demand for both holiday homes and real estate investment.

This step-by-step guide explains in detail how to buy a new build apartment, villa or off-plan property in Spain, from the first reservation payment until the final signing at the notary. When the process is managed correctly, buying a new construction property is simple, secure and fully protected by Spanish law. At Investforhome, we accompany you through every stage to make sure your purchase is safe, transparent and stress-free.

New build properties in Spain offer important advantages such as modern design, energy efficiency, building guarantees, low maintenance costs and excellent long-term value appreciation. Whether you are buying for personal use, as a second residence or as a rental investment, new developments in Costa Blanca and Costa Cálida offer some of the best opportunities in Southern Europe.

1. Choosing the Right New Build Property

The first step is selecting the correct project. We help you choose among the best new build developments based on:

• Location near the beach, golf courses, shopping centres and services
• Popular areas such as Orihuela Costa, Torrevieja, La Zenia, Cabo Roig, Campoamor, Guardamar, Villamartín and Las Colinas Golf
• Your budget and long-term financial planning
• Property type: new build apartment, villa, townhouse or penthouse
• Rental potential and future resale value
• Delivery date and stage of construction

You only receive access to verified new build projects in Costa Blanca and Costa Cálida with full licences, legal documentation and bank guarantees.

2. Reservation Agreement

Once you have chosen your property, a reservation agreement is signed. This removes the property from the market and secures it in your name.

The reservation fee is usually between €3,000 and €10,000. This amount is deducted from the final purchase price and guarantees your right to buy the property under the agreed conditions.

At this stage, you will receive full technical documentation, floor plans, payment schedules and detailed information about the project.

3. Private Purchase Contract (Off-Plan Contract)

After the reservation, a private purchase contract is signed with the developer. This contract includes:

• Final purchase price
• Payment structure and instalments
• Estimated completion date
• Quality specifications and building materials
• Legal guarantees and bank guarantees

Normally, you pay between 20% and 30% of the total price at this stage. All amounts paid are protected by Spanish law through a bank guarantee, which ensures that your money is secure throughout the construction period.

4. Construction Phase

During construction:

• You receive regular updates on the progress of the project
• Payments are made according to the agreed schedule
• Your investment remains legally protected at all times

This phase is especially important when buying off-plan property in Spain, as transparency and legal protection provide total peace of mind.

5. Completion and Property Inspection

When construction is finished, a final inspection is carried out. Any minor defects or adjustments are recorded and corrected by the developer before the signing at the notary, ensuring that the property is delivered in perfect condition.

6. Signing the Title Deed at the Notary

The final step is signing the title deed at a Spanish notary:

• You become the legal owner of the property
• The remaining balance is paid
• The keys are handed over

From this moment, your new build apartment or villa in Spain is officially yours and registered in your name.

Why Buy with Investforhome

• Local real estate agency based in Orihuela Costa
• More than 10 years of experience in the Spanish property market
• Full catalogue of new build properties in Costa Blanca & Costa Cálida
• Specialists in off-plan and modern developments
• Multilingual service: English, French, Swedish, Dutch & German
• Complete support from reservation to notary