Buying Off-Plan on the Costa del Sol: A Calm, Step-by-Step Guide
Buying a home that doesn't yet exist requires trust, in the developer, the location, and the process. The good news: Spain's framework for off-plan purchases is mature and protective when navigated properly.
Bank guarantees protect your deposit
Under Spanish law, all stage payments on a licensed off-plan development must be secured by a bank guarantee or insurance policy. This means your money is protected even in the unlikely event a project does not complete.
A typical timeline
From reservation to keys, most Costa del Sol new-builds run 18 to 30 months. You'll pay a reservation fee, then a deposit on signing the private purchase contract, with staged payments through construction and the balance on completion.
Where Mooy fits in
We coordinate the inspection trip, the independent lawyer, the developer negotiation, and, through Studio Mooy, the interior fit-out, so that the only thing left for you to do is enjoy the result.