New housing developments in Andalucia
Andalucía is under construction with new property developments springing up. Homes in these new "urbanizaciones", (housing estates or complexes), are for sale.
The earlier in the building stages that you become involved in the purchase of a new home, the more economical your investment will be. There are those that invest in apartments and villas from plans strictly for the purpose of re-selling the completed product and making a profit.
Slight risks can be involved in making a purchase of this nature. However, with the mandatory insurance now required of builders - under Spanish law - any investor taking the necessary precautions should be able to feel quite secure. To learn more about the process of buying off plans.