The allure of owning a piece of paradise in the sun-drenched Costa del Sol is undeniable. But what if you could secure that dream home before it's even built, potentially at a lower price point and with the opportunity to customise it to your tastes?
Off-plan property investment attracts a diverse range of buyers, from savvy investors and international purchasers to golf enthusiasts and sustainability advocates. It appeals to those who prioritise personalisation, long-term value, and prestigious living.
Below, we'll break down off-plan investments and highlight five key benefits that make them worth considering.
Understanding off-plan investment at Marbella Club Hills
Off-plan property investment means purchasing a property before it's completed or, in some cases, before construction has even begun. It's a strategy that can offer significant advantages, especially in a prime location like the Golden Triangle (Marbella, Estepona and Benahavís).
Let's see if off-plan investment could be the right fit for you.
Marbella Club Hills is a carefully planned community unfolding in 4 strategic phases:
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- Phase 1: Already completed and delivered
- Phase 2: Currently under construction:
- penthouses (3-4 bedroom),
- first-floor apartments (2-3 bedrooms), and
- duplex garden apartments (3-4 bedrooms)
- Phases 3 and 4: In the pipeline: semi-detached and standalone villas
5 reasons to consider off-plan at Marbella Club Hills
1. Early bird pricing
By investing early, you're likely to secure a better price than you would for a completed property. Developers often offer attractive rates to early investors to generate initial interest and fund ongoing construction. As the project progresses and gains popularity, prices typically increase, potentially offering you built-in capital appreciation before you even get the keys.
2. Choice and customisation
Early investors get the pick of the best units. Want that perfect sea view or a specific orientation for optimal sunlight? The earlier you invest, the more options you'll have. Moreover, off-plan purchases often allow for a degree of customisation. You might be able to choose finishes, adjust layouts, or add upgrades that would be costly or impossible after completion.
3. Staged payments
Off-plan purchases usually involve a deposit followed by staged payments as construction progresses. This payment structure can be easier to manage than coming up with the full amount for a completed property, giving you time to plan your finances or even benefit from property value increases before your final payment. At Marbella Club Hills, the payment structure is:
- 50,000 upon reservation
- 30% upon signature of the purchase contract (Q4 of 2024)
- 30% upon completion of the building structure (Q3 of 2025)
- 40% upon delivery (Q3 of 2026).
4. Potential for capital growth
As the development progresses and the area around it matures, your property's value may increase. By the time you complete your purchase, your investment could already be worth more than you paid for it.
The price increase from the start of construction to the completion of Phase 1 at Marbella Club Hills ranged from 20% to 55%. Resale prices have gone up by as much as 60%.
5. Warranty protection
New properties often come with warranties that protect against structural defects, offering peace of mind that you don't get with older properties.
The Marbella Club Hills experience
Investing in Marbella Club Hills is about the financial benefits, and about securing your place in a community that offers:
- Breathtaking views of the Mediterranean and surrounding landscapes
- Access to world-class golf courses and equestrian facilities
- The prestige of the Marbella Club brand
- A blend of natural beauty and luxurious amenities
- A prime location near La Zagaleta, one of the most prestigious areas in southern Spain.
Considerations for off-plan investment
While the benefits are compelling, it's important to approach off-plan investment with due diligence:
- Research the developer's track record (Marbella Club Hills' successful Phase 1 is a positive indicator)
- Understand the contract and your rights
- Be prepared for potential construction delays
- Consider market conditions and future projections for the area
The Marbella Club Hills promise
With its phased approach, prime location, and backing of a renowned brand, we offer a unique proposition in off-plan investment.
As Phases 2, 3, and 4 progress, the opportunity to be part of this exclusive community from its early stages is diminishing. By considering an off-plan purchase now, you're not just buying a future home; you're positioning yourself at the forefront of one of the most exciting developments.
Ready to explore the possibilities at Marbella Club Hills? Contact our team to learn more about available units, the construction timeline, and how you can be part of this extraordinary project from the ground up.
Remember, while off-plan investment can offer significant advantages, it's crucial to seek professional financial and legal advice to ensure it aligns with your personal circumstances and investment goals.