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Buying Property In Spain By Non Residents


Buying off is getting popular by the day especially among the non-residents who are considering it as an investment rather than a place to stay themselves. Buying property in Spain is not very difficult but it is necessary to acquaint yourself with the basics before going in for any investment in property, be it an apartment, land or a rural property. If anyone is considering purchasing off plan, then it is necessary he or she knows about his rights as well as the promoter's obligations. Someone may want to buy a house in a complex that has not been built yet or might consider buying a plot to build a house. The person's responsibility is to tell the promoter or the builder to do his job and fulfill his responsibilities in totality. This should be exactly according to the popular "libro del edificio" meaning "The Book of the building".The libro del edificio is comparatively a new text released via a clause in the Ley de Ordenación de la Edificación in the year 2000.


It aims at protecting the rights of home or property buyers if they get involved in any related issues in the future problems. This includes finding physical faults in the structure of the building. That's why it should be the buyer's first step to get hold of a copy of this document. If there are any unforeseen situations, the home or property buyers will be able to manage the situation without breaking a rule and getting what they want. Even if the buyer has bought the house and started staying in it and the issue arises after that he or she can go through this book and take appropriate action. It is also the responsibility of the promoter to hand over this book to the comunidad de propietarios the moment the building's construction is complete. Comunidad de propietarios is nothing but trepresents the property owners in a particular complex and they can request for a copy from the builder. The libro del edificio is the home owners' manual which takes them through various important information and facts regarding the building.


It must include the "project plan", the type of materials such as cement, mortar and the type of foundation used while constructing the building. It should mention elaborately about the way the building should be maintained. Usually it contains the instructions on how to use all the buildings as well as facilities which are located inside the complex, which means that it is not restricted to housing only. It includes other amenities such as the parks, swimming pool, sports complex, gardens and so on. If there are any modifications done in the original plan then, that too should be mentioned in the document. The "acta de recepción de la obra" which is a document mentioning the date of completion and receipt should also be given along with this document. Important information that it should have is a complete list of professionals and companies who have contributed to building the structure such as the electricians, building company and so on.



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