Get all the answers to the most frequently asked questions (FAQs) regarding visit, services, Intelligent Home, solar and much, much more.
Phase 1 | Permits available, construction started, ready 2020
Phase 2 | Permits pending, expected 2020
If you buy a villa off-plan, you are entitled to a bank guarantee or insurance policy.under Spanish law.
What is a bank guarantee?
A bank guarantee guarantees the buyer’s payments to the building promoter for failure and late delivery. In the event that the construction promoter goes bankrupt, you are assured that you will get your payments back. The same applies if the works are delivered late (+ 6 to 12 months) or defectively. From a legal point of view, this can be structured as a real bank guarantee or as an insurance policy.
Which payments are covered?
All payments are covered. Not only the interim payments but also the first down payment of the reservation contract and the VAT. The interest on your advance payments is also protected.
Who can apply for the bank guarantee?
According to Spanish law, the building promoter is required to provide the bank guarantee. It is true that a bank guarantee can only be issued after you have made the first down payment. In other words, when the first payment has been made to the account of the building promoter.
How long is the bank guarantee valid?
In principle, your payments are protected until your villa is delivered. Legally, the delivery takes place when the “Licencia de Primera Ocupacion” is issued by the Municipality. This document states that the structure meets the local housing standards, and it is also necessary if you wish to rent it out later.
Most banks in Europe do not easily provide funding for your second home. Because this market differs from the regular housing market, specific requirements and acceptance conditions apply to each lender. It is important that you can enjoy your villa without any worries, therefore, we work with leading and reliable financial institutions.
With the mortgage, you can finance up to 70% of the value of your holiday home. Your complete financial position is assessed by the independently operating financial institution. For the mortgage of your villa in View49, good agreements with the Spanish bank Bankinter and the Danish bank NyKredit been made. They will guide you through the entire procedure and they are there to provide you further information about the process.
To give the villas an extra sustainable touch, the developer chose for View49 Villas, the SolarWatt solar solution.
“In our opinion, sustainable refers to a long life and environmentally friendly”
SolarWatt was born in 1993 as a product of the vision of three pioneers in the field of solar energy and today it is the leading German manufacturer of solar energy systems, the European market leader in
glass-glass solar panels and one of the world’s largest suppliers of electricity storage.
“We have been involved with View49 Villas from the very beginning. That means that we can ensure that the picture is completely correct. For us the ease of use of sustainable energy in the villas is very important.”
Several different internationals school are located in the area of Marbella and Estepona. From September 2020 is planned to be one opened at walking distance (4-18 years).
Healthcare is also essential in this part of Spain. Various medical facilities are available in Estepona and Marbella, hospital is only 5 minutes away.
Living in View49 means that you have almost everything within reach. Conveniently, the area is rich in golf courses and there are shops, primary schools, sports facilities and various international schools. You can go shopping in different large supermarkets and in the smaller local stores.