Title blog

The answer will depend on some aspects that we detail as relevant, such as the needs of each buyer, their wishes or expectations, their preferences, time perspective to enjoy their new home, prices and the offer that exists in the location they want to live.

However, the statistics can show us what the majority of buyers choose. The sale of second-hand homes continues to rise and today is the protagonist, compared to the purchase of new-build homes so far this year. According to the Spanish National Institute of Statistics (INE), 20.4% of the 53,623 homes transferred by sale in February 2022 are new (10,921), and 79.6% are used (42,702).

Is it better to buy a new building or second-hand property?

To make an informed and conscious decision, we should know the advantages and disadvantages of each purchase option.

In the article, we will compare both types of properties and highlight the most relevant points of each option.

New construction properties

According to the Tax Agency, new-build homes are "those that are acquired from the developer when finishes the construction or rehabilitation, unless the properties have been used continuously for a period equal to or greater than two years by persons other than the purchasers." There are many advantages to acquiring a new build property.

1. The modernity and functionality of the construction: these residences meet the most innovative standards to achieve functionality.
2. The qualities of the construction and the materials used are another point in favour. Today, construction companies opt for high-quality materials that provide comfort and cover all habitability needs.
3. The energy efficiency of the property is an essential factor also.
4. The common areas are more modern and adapted to the needs of families.
5. On the other hand, you can make the payment in instalments throughout the construction, which allows you to pay the price in comfortable instalments and that the mortgage is not the total price.

Some buyers are afraid that all the conditions agreed on in the plan will be met. Among them, we could highlight the delivery dates, possible delays or modifications, memory of qualities, or the structures of the building. That is why it is essential to have good advice from professionals who can guide you in the right direction about the promoters and construction companies that work on your dream of acquiring a property.

Second-hand properties

Second-hand homes are already built and whose ownership has belonged to another owner other than the developer. Second-hand homes also have their peculiarities which we are going to list below.

1. The price: second-hand properties have a lower sale price, but depending on the antiquity, it is usually necessary to calculate some capital to reform or update it.
2. The taxes that the buyer has to assume are lower if we compare them with those of new construction. If you need more information, you can find it here.
3. The buyer can enjoy and use the home immediately.
4. The location is a point in favour of the buyer, considering the central areas of the city as a preference.

Conclusion

As we have seen, the acquisition of a new or second-hand property has its peculiarities. However, both options are perfect investments for the present and the future. The advice of Fortuny Hogares Únicos is that you come to us, we offer you all the services that you may need, we will guide and advise you professionally, knowing your needs and expectations well, we want to know what lifestyle you want. We are specialists, and we want to help you find your new home and serve you throughout the process, which is so important to us that you are part of our great family.

Visit our website, find out about all the services we offer, browse the properties waiting for their new owner and let us know how we can help you.