Building a property in Spain is becoming more and more popular amongst foreigners both for professional investors and for private people who are looking to get an individual designed holiday home.
Buying a plot of land and building a property will in many cases be cheaper than buying a second hand home and many people like to be able to decide exactly how their house is going to be designed. Apart from the individuals there are many professional investors and associations of private investors who earn good returns on the initial investment by building and reselling properties.
The increase in the house prices over the last years has made it even more interesting to invest in the property sector in Spain. Although the price of plots also has gone up the material and labour force has not increased in the same degree and a great part of the increase in the house prices has gone directly into the promoters/constructers pockets.
The above facts make it tempting to decide to construct your own property or to invest in the property sector in Spain but there are still a lot of different factors and pitfalls that you need to take into consideration.
In this guide you can find basic information about constructing a property in Spain. If you have any questions or need further help we will be happy to discuss how we in Accom can assist you with constructing in Spain. You can contact us by email (Info@accom-consulting-spain.com) or by filling in the form in our Help & Advice section.
Information included in this online guide;
- Initial Steps - all the initial steps you need to resolve before you can start building - like finding and buying the right plot, finding an architect and a builder etc.
- Building Process - a description of the building process from designing the property and getting the necessary licenses to information about building the property.
- Financial Issues - this is a short introduction to the financial elements of building a property in Spain including what to be aware of, estimated costs and information about how to finance the construction.
- Lega Matters - an introduction to the most important legal things to be aware of during the whole process from the initial phase of buying a plot to the contract with the builder including info about all the licenses needed.
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