Buying new Spanish property
Most property transactions in Spain are new builds sold off plan or are under
construction.
The quality of such housing has risen over the years so that there are far fewer legal
and planning problems than in the past.
Also, the planning requirements are up to the latest EU standards.
Here’s a checklist of 12 things you should ask when buying a house
Is the builder solvent?
Is the development legal?
Does the building conform to the planning permission granted?
Does it conform to the details in the sales brochure?
Is the completion date quoted in the sales contract?
And does this contract conform to Spanish law?
Is there builders insurance in place to cover earthquakes and bankruptcy?
Is there a 10 year guarantee in place?
What are the payment steps as the process continues
When a stage payment is due, has the work to that level been done?
