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:
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.
|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.|