Buying a home off-plan or under construction can be an excellent opportunity for those looking to invest on the Costa Blanca or establish residence in Spain. However, it also entails risks that should be carefully considered. If you’re thinking about buying a home in Torrevieja under these conditions, it’s essential to know the legal guarantees that protect you… and to seek the advice of a specialized lawyer.

One of the main attractions of buying a home under construction is the price, which is usually more competitive than that of a finished home. Furthermore, the buyer can influence some aspects of the design or finishes. But this advantage has its downside: there is uncertainty about delivery times, the final quality of the work, and even the solvency of the developer or construction company.

Among the most common risks are delivery delays, lack of necessary licenses, unauthorized changes to the original project, or—in the worst cases—construction stoppage. Fortunately, Spanish law provides a series of guarantees to protect the buyer.

For example, the law requires developers to take out insurance or a bank guarantee covering all amounts paid on account, which is essential if the project is never completed. They must also offer a ten-year warranty against structural defects and a five-year warranty against installation failures. These warranties must be in writing and can be requested if necessary.

However, all these obligations are only met if there is a well-drafted and reviewed contract. This is where the lawyer’s role becomes crucial. At A&G Lawyers, we thoroughly analyze purchase and sale contracts, verify that the developer complies with all legal requirements, and support the client throughout the entire process, from reservation to handover of keys.

Furthermore, since these buyers are foreign, they are often unfamiliar with how the Spanish market works or the applicable regulations. Our office offers personalized support in several languages, so buying a home in Torrevieja during construction doesn’t become a headache.

📍Are you thinking about buying off-plan on the Costa Blanca and don’t know where to start?

Schedule an appointment with A&G Lawyers and we’ll help you protect your investment with complete legal security.