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Tips you must follow if you buy off plan properties

Buying off plan has risen from the ashes of the economic crisis and is again booming. Know your rights as a buyer.

Since the housing bubble burst with the crisis, the fear that a bankruptcy would ruin the project and leave you without savings stopped many buyers when purchasing newly built housing. But the changing economic situation, with the increased funding by banks, has refueled the crane landscape.

Buying this way means generally you pay less for your home, but is an process that generates logical suspicion: when you handover money in exchange for a goods that physically does not yet exist, it appears to increase the risk of its wrong or that your a fool . For it is not so in Golf Sun Spanish Properties we give a series of keys.

Search for information about the company.

Find out all you can about the company (the developer, property ...) selling houses: a recognized solvency and whose previous promotions have been successful always carries less risk. Find out prices of other similar, better promotions if they are built in the same area, for comparison. And check that solar has effectively been acquired by the company, which has all the relevant permits, etc.

Try to get all the information.

The company selling the house is required to provide you with: a Certified Property Registry document in which is the ownership of the lot (who owns it), registration of new developments and the situation of charges and levies (taxes, reflected etc. ) of the land; that the technical project is approved and they have a building license (without which it can not be built); Urban City Council certificate that guarantees that the land is buildable and the existence of facilities such as parks, etc., and a copy of the insurance policy that guarantees the amounts that you deliver on account (the signal, advances ...).

You also have the right to know the legal details of the developer (name, company name, address and registration in the Commercial Register) and the architect, as well as the delivery date, the total price (including brokers and possible changes to the project) the payment (deadlines, interests ...).

Areas in which to look out for.

The next thing to ask the seller or builder is:

A description of the apartment with detailed plans (and useful floor area, distribution, installation of electrical installations, water, gas and heating) and general building, common areas and the delimitation of service networks; and a list of fixtures that are installed and materials to be used in construction.

It is important to know what to look out for to assess whether or not you are interested in purchasing; keep in mind aspects such as the location of the building on the ground, its orientation and the area, the housing situation inside the building, the number of rooms (and whether they are inside or outside), the sq meters, the existence of garages or storage rooms, the position of the pillars, flues, ventilation and pipes, thermal and acoustic insulation under the project, the wardrobes, the quality of materials and the ability to make improvements.

On the contract and the signal.

If everything is correct and the project inspires you, it is time to formalize the contract. On a sale off plan you give money to account or sign it is inevitable recalls that these amounts will be deducted from the final price and must thus be in writing. Read the purchase contract carefully before signing it and note of any possible changes in construction, the price or terms are stated, and limitations established in this regard.

Golf Sun Spanish Properties, wide variety of New Build properties in Orihuela Costa.

Spanish Sun Golf Properties we are specialized in selling new construction properties on Orihuela Costa, Costa Blanca and Costa Calida. In our online catalog you can find both houses as key ready and off plan.

From the first contact, we offer a quality service at all times taking care of the customer throughout the buying process and after sales. Contact us today. You can call us, write us an email, fill in the web form or visit us at our offices in La Regia.

Call us on 0034 965 322 863 or email us

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