Property in Spain
Real estate Spanish-English glossary. Compra sobre plano - buying off plan
Euroresidentes,

  
Compra sobre plano= Off-plan property purchase



Compra sobre plano
in Spanish means buying off plan in English. This is when a property is purchased before it has been built and when there are only written plans in existence

The Developer or Estate Agent must provide the following information:

  • The registration details of the building contractor on the Official Commercial Register
  • Detailed plans of the property
  • Instructions on the use and maintenance of facilities
  • A report on the quality of building materials to be used
  • The final price and ways of paying

It is important to keep any advertising leaflets or brochures about the property in construction. The developer is obliged to fulfil all promises made through advertising. The information from the advertising could be very useful if at a later stage you want to make a complaint either informally or formally through the courts.

Important: If you are going to buy a property which is still at planning stage remember to sign a private sale contract with the developer which gives you the chance to ask for modifications or improvements. If you do not sign a contract which includes this you will have to wait until construction has been completed and the property has been formally handed over before you can get them done.

See buying off plan property in Spain.

Google


 
Spanish-English glossary. Compra sobre plano: off-plan purchase
 
© 2000 Euroresidentes. ItyIs Siglo XXI, Spain.