Live Life to the Max in Beautiful Spain – FLY Properties will help you find your dream Spanish Property!
By acquiring beautiful Spanish property, you will not just own a residential or commercial property but will also acquire the following advantage: residence license in Spain.
The purchaser of Spanish property has the right to live on the Spanish territory for a duration of 2 years with the right of extension, where investments have exceeded more than €500,000.
Owners of Spanish property are permitted to request household reunification, specifically partners and children under 18 years. Ability to take a trip freely without a visa within the Schengen area (Spain, France, Germany, Austria, Belgium, Denmark, Estonia, Finland, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Czech Republic, Liechtenstein, Luxembourg, Malta, Norway, Poland, Portugal, Slovenia, Slovakia, Sweden and Switzerland).
The essential advantage needs to lie in the cost, though a lack of openness in market rates can in some cases undermine this. Developers have to compensate off-plan residential or commercial property purchasers for the dangers they are taking (whenever you turn over cash for goods you expect in the future you are taking some sort of danger), for the delay before conclusion, and for offering them with capital to help fund the development.
Then there is quality. Purchasing off-plan must indicate you end up with a home that includes the latest building techniques and materials. Structure policies have been continuously improving in Spain throughout the years so brand new homes need to be the best on the marketplace, though it does of course depend upon the specification being offered the developer.
Customer security laws in Spain cover different kinds of construct problems for different periods, with the most major structural defects guaranteed for 10 years. When you buy off-plan you are covered for the optimal duration, though the exact same benefit would accrue to you were you to purchase a home just completed from a developer or investor.
The greatest danger of all when buying off-plan, assuming that the designer is financially solvent and your payments have appropriate warranties (more on this important concern listed below), is that you wind up with something that does not match the plans and requirements that you signed up for.
According to Spanish consumer protection associations the most significant grievance of all issues the shipment of constructed locations that do not match the strategies (under develop), indicating that you pay for more than you get. Figures from an organisation called Adeprovi show that 44% of all problems they received in 2004 related to under construct.
Why not have a look at some of the beautiful Spanish property FLY Property have listed: