In addition, if you’re keen to meet friends in Spain, or intend to visit your property only a few times a year, most developers will provide you with a ready-made friendship circle, social club house with activities, a golf club house plus on-site 24-hour security.
The best way to protect your investment is to make sure the developer has a bank guarantee, which Villas in Spain insist upon.
These are an insurance in case the developer should have financial difficulties during the build. A bank guarantee will ensure that any money paid by the client is protected by the bank and will be repaid if the developer defaults.
The building is insured for 10 years to cover structural faults.
Just the thing to ensure your off-plan property meets expectations as both a safe investment and a home in the sun. A win-win situation.
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