​Debts, charges and future expenses, Purchase land Spain

The finalpurchase price of a piece of land in Spain can be increased without you doing anything wrong. Due to future charges of the previous owner to future projects planned by the City Council in your area.

• Charges or debts generated by the owner:

If the plot of land has a debt, common example; a mortgage. If you make the purchase of the land without verifying it, the charge would pass to you who is the new owner. So, make sure that the plot you intend to buy in Spain is free of charges. To do this, he asks for the Simple Note in the Land Registry where the land is legally registered.

• Charges or debts generated by the City Council:

The City can also generate a load on the land you want to buy. How? Imagine that the City Council plans to urbanize that area; pave the streets, install the lighting, water, your home light and sanitation. The cost of the works to be carried out of these supplies in Spain is not paid by the Public Organism, it is paid by you and your future neighbors. This municipal debt can amount to several thousand euros, so be careful and request the “Partial Territorial Plan” (Plan Parcial) for the area where you intend to invest.

In addition, we should not rely on plots that apparently seem already urbanized because there could be a pending plan or even a redevelopment plan. Therefore again I stress that it is necessary that previous to the purchase you consult this with the city council.

• Supplies and Service:

The passage of a supply through your land could indirectly increase the cost of your land and become a possible future expense.

What are Passage Supplies?

It is usually pipes of water connections or sanitation that pass through your future plot but that do not belong to you. In this case must be indicated in the Deed of the property. So make sure it is because if it is not included in the writing has no legal value.

If we decide to accept this supply we must bear in mind that you should then make a tasting in the subsoil to check the location of it, even if it is collected in a plan it is advisable to always independently check. Why? Because the passage of a supply can interfere in the construction of your future property.

If it turns out that after making the soil tasting, it interferes with your plans for the construction of your home in the land, there is a possibility in which you could modify that supply. For this, you will have to request an authorization from the owner of the supplies; could be your future neighbor, the supply company or the City Council but agreeing is not always possible. Also keep in mind that you would have to assume the costs of this modification, so add them to the total cost of building your home.

• In addition to all these possible charges and debts that could fall on your future land,if you would like to build a property on the plot, before the purchase, make sure the land can have the required building permit by the local government. Because in spite of being a land where you can legally construct, it does not mean that by all means you will be granted the building license at the time you want to. Could be because is a pending area to be urbanized and whose project has not yet been defined by the City Council or because of a European regulation waiting to be complied so during the duration of the process until resolution which can be a few years, you are not allow to build a property.

That is why to ensure the real land value you intend to buy, Naranja Spain real estate, recommends that you have a team of professionals among you: an architect and a real estate agency that checks all possible scenarios, makes inquiries with the City Council and negotiates the conditions of purchase with the owner in the case of not being the ideal situation which you had in mind.

Do not hesitate to contact us, if you have any doubts and would like to consult any aspect related to the purchase of a land or a housing. We are ready and happy to guide you correctly thanks to our 20 years of experience in the real estate industry.