Houses under construction for investment in Fuerteventura

Houses under construction for investment in Fuerteventura

If you are looking for a house in Fuerteventura, here are the advantages of buying a house under construction.

In Destiny Home we have several models of homes under construction, with different structures, locations and budgets.

We present a selection of properties under construction and new developments in Fuerteventura, in different locations of the island.

Specially designed for investors, who are looking for profitability in vacation rentals, as well as large families, who are looking for large spaces inside and on the plot, to enjoy the garden and swimming pool.

You may be interested in these options:

Advantages of investing in new housing

Over the last 30 years, the price of new housing has risen by an average of 5.6% each year, according to Sociedad de Tasación.

If this increase is compared to the evolution of inflation, the revaluation of housing is well above the increase in prices.

The price of new housing is rising steadily, without the need for a significant increase in the volume of sales, due to the lack of supply of new construction and a demand that continues to grow.

One of the main reasons for this is that newly built homes have a high energy efficiency. energy efficiency than second-hand ones, especially in comparison with older buildings. This means savings in consumption and bills.

Other advantages of buying a new home under construction:

  • New constructions usually have large windows, terraces and large balconies, in addition to being better equipped in terms of home automation.
  • By purchasing it off plan, it is possible to make changes to the finishes or even the distribution of the property.
  • It is not necessary to make major renovations, either inside the property or in the building.
  • Newly built housing has more quality guarantees, according to the Building Planning Law (LOE), every new property has 1 year coverage for damage or defects in the finishes of the work, 3 for defects that concern to the habitability of the residents and 10 for failures in the structure of the building
  • The materials are of better quality
  • New build houses have better facilities, both private and community (swimming pool, gym, green areas)

 

Taxes for the purchase of new construction

The indirect tax for the purchase of a new property in the Canary Islands is 6.5% of the value, since the IGIC (Canary Islands General Indirect Tax) is applied.

The Tax on Documented Legal Acts (AJD), which in the Canary Islands is 0.75%. There is a reduced rate of 0.40%, applicable to the first copies of deeds documenting the acquisition of real estate or loans or mortgages for the financing thereof, provided that the real estate will be the main residence.

Financing the purchase of a new home

For residents buying plots of land over 100.000€, we can finance 100% of the work and the project, as well as 40% of the value of the land.

For NON-residents, only 100% of the construction is financed.

We explain the process step by step, with a personalized advisor to carry out the financial study, at no cost.

If you need financing, at Destiny Home, we offer you, in addition to a free study, the advice to finance 70% of the amount of the house:

Contact our financial advisor

Homes under construction in Fuerteventura

We select the best opportunities to buy houses under construction in Fuerteventura, in locations where you can get the best return on real estate investment, such as Corralejo, Lajares or Tarajalejo:

Semi-detached house in Corralejo, Geafond, “Mirador de las Dunas” urbanization

3 newly built semi-detached villas, with panoramic views of the island of Lobos, Fuerteventura.

It has a communal pool and the possibility of building a private pool, as each plot has 144m2.

Take advantage of this opportunity, with an unbeatable price in the urbanization Mirador de las Dunas, which has a park for children.

casa construccion corralejo villa corralejo

Request the Dossier / informative brochure of these dwellings.

Townhouse in Tarajalejo

These two townhouses under construction, located 100 meters from the ocean, are a residential option for those looking to escape the hustle and bustle of the city.

The interiors have a simple and practical design, with well-distributed spaces and basic finishes.

Modern design luxury villa in Corralejo

It is a luxury villa under construction of ultramodern and unique design, in the most exclusive area of Corralejo, Fuerteventura.

The land, where the village will be built, is in Morro Francisco, better known as Panorama Tres Islas.

From there you can admire the entire bay of Corralejo, the natural park of the Corralejo Dunes, the island of Lobos and Lanzarote, something unique and exceptional.

 

Luxury two-story villa in Corralejo, Geafond

With a plot of 300m2, this semi-detached house under construction in Corralejo, is divided into 2 floors; on the first floor you can have a mini gym, a storage room and engine room, two bathrooms and a huge garden with pool and jacuzzi.

Upstairs, a terrace that leads to the living room with the kitchen in view, a bedroom, bathroom and another terrace overlooking the garden and pool.

 

Luxury villa with private garden in Lajares

With a private garden of 316 m2, each of the 5 luxury villas under construction, offer the perfect balance between sophisticated lifestyle and passion for surfing in Fuerteventura.

Unique opportunity for investors looking for a high demand real estate asset in one of the most popular areas for surf lovers.

See details of the luxury villa in Lajares .

 

Luxury Villa in Corralejo, Geafond

Luxury detached villa in Corralejo, under construction, on a plot of 600m2. in a quiet residential area with great communications.

It has 3 bedrooms, a large living room – kitchen, distributor, three bathrooms, and stairs leading up to a magnificent roof terrace.
The house surprises, since in the lower area there is a large space for the gym, there is also a storage room and a toilet.

 

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