New Property Developments in Spain
For the past 5 years Perez Legal Group members have been actively involved in ensuring that the legal agreements that developers send to the real estate agents are in order.
Given that every single developer has its own procedures, it is imperative to ensure that the developer provides all the information to the clients that the law requires.
Contact details of the developer’s company
Number of phases to be built and number of apartments
Company formation title deeds
Copy of the building licence
Plans of the complex and documentation
Draft of the private purchase contract
Details of the person signing the private purchase contract (power of attorney)
Description of the property including garage and storage areas
Prices and forms of payment
Bank details of the developer
Delivery date to be stated on the contract
Bank guarantee details
Memory of qualities of the complex
List of options available for every apartment
Confirmation of the payment structure
‘Development Análisis’. (which type of complex is going to be built)
At Perez Legal Group we are familiar with all of the new developments on the Costa del Sol. This knowledge combined with our experience with new building contracts means that we can offer first class advice and guidance if you are considering buying on a new development.
Read our new Buying in Spain Guide: