What you should do when buying off plan properties
Still official statistics do not show the return of new properties to our real estate market. Only the increase in construction visas can give a glimpse of this tendency, and perhaps some land raids and cranes in some areas.
In this article we give you a few tips to make the purchase on plane go on wheels.
Find out who is selling your home. You should know if you have experience in the sector, if it is a solvent company or if you own the land on which you are going to build the houses.
Read carefully the private contract that you are going to sign. It may sound obvious, but not many do. Check all the clauses well and consult about everything you do not understand. The contract is not usually carried before a notary until the delivery of keys.
Ask your builder plans when you sign the contract. This way you can demonstrate any changes that are made without consulting you.
The documents provided by the developer must include the final price of the apartment, including VAT, as well as the date on which the keys will be delivered.
Current legislation requires the developer to open an account that can only be used for building costs. It is to this account where the income must be made by bank transfer, so that it is adequate registration.
You should demand that a general guarantee be created for all the promotion that guarantees all the amounts contributed by the owners. In addition, an individual guarantee guaranteed by an insurer or a bank. In this way you will be entitled to compensation if something happens that will allow you to recover the money contributed.