Demolishing a villa in Costa blanca or refurbishing?

When buying a second-hand home in Spain, we decided to make some changes to make it the house of our dreams. We must ask ourselves which will be the best option to demolish an old property or to reform it and which one adjust best to our budget.

Here we review the advantages and disadvantages that each one of them has.

Demolishing a house and build a new one has as main advantages:

• Create a house 100% customized and adapted to our needs and tastes.
• We can build a property with the latest and most efficient materials regarding insulation and eco- for saving energy.

The disadvantages of the demolition a property are:

• The process of demolition and reconstruction normally requires a bigger investment a lot of time and effort.
• Some steps of the process may be extended due to unforeseen circumstances.
• If the house had historical value we would be destroying a piece of history.

Refurbishing a home has the following advantages:

• If you plan to sell the house in the near future, the reform can add a lot of value with little investment.
• They are concluded faster than a new home.
• If the house has historical value it will be conserved and it will also increase the value of your property.

On the other hand, the disadvantages of reforming are:

• The final result may not be as expected due to the limitations of the place.
• The discovery of unplanned damages can increase the budget, so make sure to count with a professional in this before your buy the property .

Due to the existing laws in Spain regarding the limitations of the height of the buildings, it is common to find that in the areas of Guardamar del Segura, Torrevieja, Ciudad Quesada and Orihuela Costa, the main reason for demolishing a property is to extend the house downward and building an underground floor. It is also done to insulate against the humidity since the older properties in the mediterranean coast tend to suffer with this issue.

This is a great point in favor of the demolition of second hand properties Costa Blanca and other coastal areas, and to gain 30% of its value only by adding the habitable meters below.

In Guardamar del Segura and Torrevieja there are many possibilities in one way or another.

If you are considering the possibility of buying a home and decide whether to reform or demolish do not hesitate to contact us for advice and information.

We are Naranja Spain, professionals in the real estate sector with a vast experience selling all type of properties in the area of Guardamar del Segura, Torrevieja and Ciudad Quesada.

Contact via email inNaranja Spain or visit our office in Guardamar del Segura on Calle Lepanto, Nº1.