At Finques Costa Brava, our real estate agency in Palafrugell and Tamariu, we know that choosing between a new or resale property on the Costa Brava can be a difficult decision. Each option has advantages and aspects to consider depending on the budget, location, and needs of the buyer. Below, we analyze the key differences to help you make the best decision.
1. Price and Associated Costs
One of the most important differences is the price. In general, new builds tend to be more expensive than resale properties due to their impeccable condition, modern materials, and energy efficiency. However, resale properties may require renovations or improvements, which implies an additional cost to consider.
2. Location and Availability
On the Costa Brava, location is key. New-build properties are usually located in developing areas, while resale properties are typically found in prime, established locations, such as the center of Palafrugell or the exclusive coves of Tamariu. If you’re looking for a beachfront property or one in a historic area, a resale property might be the best option.
3. Quality and Energy Efficiency
New-build properties comply with the latest energy efficiency regulations, meaning lower electricity and water consumption. They often feature more advanced thermal and acoustic insulation, as well as more efficient heating and cooling systems. On the other hand, many resale properties require upgrades in these areas to improve their efficiency and reduce long-term costs.
4. Flexibility and Personalization
If you’re looking for a home tailored to your tastes, a resale property offers the possibility of personalized renovations. In contrast, a new home usually comes with predetermined finishes, although some developers allow you to choose certain materials and layouts before delivery.
5. Procedures and Taxes
In terms of taxes, new homes are subject to VAT (10% in Spain), while resale homes are subject to Property Transfer Tax (ITP), which varies depending on the autonomous community. Furthermore, the procedures for new homes are usually faster since there are no previous owners.
At Finques Costa Brava, your real estate agency in Palafrugell and Tamariu, we advise you to find the best option according to your needs. Whether you’re looking for a brand-new home with top-of-the-line features or a pre-owned property in a prime location, we’re here to help you find your ideal home on the Costa Brava. Contact us and discover the best opportunities on the real estate market!
New-build properties comply with the latest energy efficiency regulations, meaning lower electricity and water consumption. They often feature more advanced thermal and acoustic insulation, as well as more efficient heating and cooling systems. On the other hand, many resale properties require upgrades in these areas to improve their efficiency and reduce long-term costs.
If you’re looking for a home tailored to your tastes, a resale property offers the possibility of personalized renovations. In contrast, a new home usually comes with predetermined finishes, although some developers allow you to choose certain materials and layouts before delivery.
In terms of taxes, new homes are subject to VAT (10% in Spain), while resale homes are subject to Property Transfer Tax (ITP), which varies depending on the autonomous community. Furthermore, the procedures for new homes are usually faster since there are no previous owners.
