Buying your new home in Valencia is undoubtedly one of the most important decisions that you will make in your life. For this reason, it is very important to have a series of clear aspects before making the final decision.
1.1. The search: aspects to take into account.
The first thing to do is to decide on the area where you want to buy your house. This choice will surely be influenced by emotional factors (closeness to parents, relatives, friends, the “lifelong” neighbourhood…) and objective factors (prices in the area, transport, parking, green areas, shopping centres, urban services…). Both are important and taking them into account will help you make the right decision.
As for search criteria, here are some that you should consider:
Location. Access and the closest means of transport to or from your places of interest can save significant time and money. Often new developments take place due to the regeneration of an area (and new metro stations or bus lines) and can be an excellent investment into the future. In Valencia for example the Malilla area and the future central park is an example of a great area where to invest today.
The price. You will have to consider the area, quality and most importantly, if it fits into your budget.
Energy rating. One of the most important parts when buying a property today as a poor energy rating will affect your rental capacity as well as your selling potential in the future. We cannot stress enough how important an A or B energy rating is for your investment in Valencia and we even select AA energy rating new projects. If you compare to F or G ratings for many resale properties on the Valencia market, this makes all the difference. The better the energy rating of your home, the greater the energy savings, and therefore, the greater the savings on your consumption bills. A building with Energy Rating A means a reduction in CO2 emissions and a significant reduction in the building’s energy demand (heating, cooling and domestic hot water).
The form of payment and a mortgage. The purchase of a new-build home off-plan is facilitated due to the flexibility of its stage payments for cash buyers, as well as the ability to obtain a mortgage through the developer’s chosen bank for the project (or through our Valencian mortgage brokers).
Communal areas. The communal areas that will add value to your daily life, where you can enjoy your leisure time and free time with your family. Nowadays, new developments in Valencia often include a swimming pool, a gym, and different leisure areas. Some even come with a concierge