New-build is where some of the strongest price growth in Sitges is happening, led by La Plana. Buying off-plan can mean a lower entry price and modern, low-maintenance stock — here is how it works and how your money is protected.
Why off-plan
Buying before or during construction can secure today’s price on tomorrow’s home, with staged payments and a modern, energy-efficient property that commands premium rents and resale.
La Plana is the most active new-build enclave in Sitges today.
The protections
Off-plan deposits are protected by law (Ley 38/1999, as amended): the developer must hold your staged payments in a special account backed by a bank guarantee or insurance, refundable if the build is not delivered.
At completion, check the licence of first occupation and the ten-year structural insurance (seguro decenal).
The costs and the timing
New-build from a developer carries 10% IVA plus 1.5% AJD, instead of ITP. Factor the staged-payment schedule into your financing, and remember a mortgage is usually arranged near completion, not at reservation.
| Off-plan | Detail |
|---|---|
| Where | La Plana and select promotions |
| Purchase tax | 10% IVA + 1.5% AJD (not ITP) |
| Deposit protection | Bank guarantee / insurance (Ley 38/1999) |
| At completion | Licence of first occupation + seguro decenal |
| Upside | Today’s price, modern stock, premium rents |
Related guides
Sitges property investment · New developments · Land & plots · Market report.
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Frequently asked questions
Is off-plan a good investment in Sitges?
It can be: buying off-plan secures today’s price on a modern, low-maintenance home that commands premium rents and resale, with staged payments. La Plana leads new-build activity. The key is vetting the developer and the legal protections.
How is my off-plan deposit protected?
By law (Ley 38/1999, as amended), the developer must hold your staged payments in a special account backed by a bank guarantee or insurance, refundable if the property is not delivered as agreed.
What taxes apply to new-build in Spain?
New-build bought from a developer carries 10% IVA plus 1.5% AJD (stamp duty), rather than the ITP transfer tax that applies to resale homes.
Where are new developments being built in Sitges?
La Plana is the most active new-build enclave in Sitges today, with further promotions in the newer residential pockets. New land is scarce, so quality stock sells quickly.