Do find a good Spanish lawyer before you put down any deposit on a purchase of land in Spain. This is very important, even more so than when you purchase property, because the lawyer will help you to check the land use legal status, sort out taxes, get building permissions, contract the building company, all of which are vital steps towards building your Spanish home.
Don't
limit your search for land to local estate agents. A good way of getting an
idea of what is on offer, is to drive around the area and look for "se vende"
(for sale) signs, jot down the phone number and ring them up (or get a Spanish
speaker to ring on your behalf). The advantage of buying through an estate agent
is that the land will sometimes, not always, have its building permission sorted out so that you
can start building straight away. The disadvantage is that it is usually more
expensive.
Do find out whether the land you
want to buy has got or will be given building permission (permiso or licencia de obra) from the local town hall. Building permits cost about
4% of the estimated construction costs, depending on the figure set by the Spanish
local authorities. To find this out, your lawyer will need to go on your behalf
or with you to the urban department of your local town hall to have a look
at the Plan General de Ordenación Urbana (Urban Plan) which will
state whether or not the plot you wish to buy has any building restrictions, is
in a green zone or includes a public pathway or similar. If this is the case you
will be obliged to allow public access. Also, check future plans. See what, if
any, restrictions the surrounding land is subject to and make sure there are no
plans for a new motorway or a shopping center to be built nearby.
Do
insist on getting your plot surveyed to measure the exact number of square
metres. Find a "topografo" (land surveyer) and also check the castastro
(land register) to make sure that the official measurements and bounderies match
what your own land surveyer has measured.
Do
check the owners registry (Registro de la Propiedad), just to make
sure that the seller is the only owner of the plot you want to buy. It is not
incommon in Spain for ownership of land to have been inherited by several people,
so make sure that this is not the case.
Do
check the local building norms. Some areas put strict restrictions on the
number of floors you can build, whether or not you can build walls around the
property and, if you buy a plot within an urbanization, even the colour of exterior
walls or the number or balconies.
Other useful links | |
Latest news on the property market in Spain Selection of news articles related to the real estate market here. | |
Mortgages in Spain, a brief introduction to the Spanish mortgage market, how it works and interest rates in Spain | |
Spanish banks, before applying for a mortgage, find out more about Spain's most popular banks and Spanish savings banks. | |
Property taxes in Spain, description of taxes involved in purchasing property and yearly property taxes in Spain. | |
Useful Spanish vocab for buying a house - you should learn at least the basic terms. Check out our pronunciation guide too. | |
Renting property in Spain - if you want to buy to rent, then read this section and our free notice board of property to rent in Spain. | |
Spanish lawyers - information on lawyers fees in Spain for property transactions | |
Houses for sale in Spain - take a look at the kind of houses available. Or check out our free Spain property for sale board. |