New Build Property for Sale in Guardamar Alicante Found 18 Properties

New Build Property for Sale in Guardamar Alicante

Most common forms of payment when buying a home of new construction in the Costa Blanca

In this article we summarize the most common properties to acquire new payment formulas work. Check it out.

The process of buying a newly built housing in Spain is quite similar to what occurs in the same circumstances in any of the countries of Europe. In this post, at Naranja Spain we will list the main forms of payment when you buy a new home in Spain.

Cash payment, with or without mortgage.

Given the value of homes, it is usual that a mortgage loan for the down payment is constituted. The mortgage is to sign a mortgage loan with a bank that will advance the amount needed and it will be returned, according to the agreed conditions, in monthly payments, interest rate and for a number of years.

Loan repayment is guaranteed by the home itself. In some cases plus additional guarantees (a second mortgage, guarantees, etc.) they are required. The consumer can choose the mortgage loan that is most appropriate, and may even be subrogated (take over) the mortgage loan already constituted by the builder or developer for building housing.

Before entering into the contract of sale housing, make sure that you can get a mortgage for the amount needed for the purchase.

Deferred payment, with or without mortgage.

It occurs when the consumer pays the builder or developer amounts in different time frames. Such amounts are deductible from the final price. If the construction of housing is not complete, the developer or builder must ensure the quantities delivered by the following ways:

- Constitution of insurance.

- Deposit of quantities in one account established for this purpose.

Naranja Spain, selling homes in Guardamar del Segura.

In Naranja Spain we specialize in selling all types of homes in the area of Guardamar del Segura. We operate in places like Torrevieja, Orihuela Costa, La Mata, Algorfa and many other areas of the Costa Blanca.

Thanks to our team of multilingual agents, will attend in Spanish, English, Polish, Swedish, Russian, and eventually form in German and French. Our mission is to make everything much easier for you. To do this we conducted a detailed monitoring of the sales process at all stages.

Check out the catalog of homes of our website. If you see something that catches your eye, do not hesitate to contact us.