As you know, for quite some time, Spanish real estate has been in great demand among foreigners, and in particular among our compatriots. However, when purchasing or building houses in this country, you must be very careful.
In some media, including electronic ones, information has recently appeared that the real estate of many foreign investors in Spain today is under threat of demolition. The reason for this is chaotic and often illegal development during the construction boom in the country.
Indeed, Spanish real estate has long been interested in foreigners who loved this country for its soft climate, a large number of sunny days a year, excellent sandy beaches, delicious wines and much more. The trouble is that during the construction boom, not so long ago a ride around the country, millions of private houses were built, many of which were simply built illegally. Just Spanish designers and contractors sensed the taste of easy profit, and careless foreigners, not knowing all the subtleties and nuances of Spanish legislation, did not require the necessary permits from them.
In the only one alone, according to state experts, about 300 thousand objects were illegally built in Andalusia. And how many of them are built throughout Spain! The simplest punishment for the carelessness of the owner may be a fine. Problems may arise with the connection to the power supply and other life support systems. And it may reach litigation, after which even the demolition of an illegally built house is quite likely. Such a fate, by the way, not so long ago suffered one of the houses in the city of Cantoria. The Englishman John Brooks via the Internet watched the demolition by court order ..
The destruction of this mansion was the result of the fact that local authorities established such a fact: back in 2004, four villas in Spain, and specifically in Andalusia were built illegally. The court decided to demolish these mansions, which was fulfilled. At the same time, the court ordered to pay for the demolition of buildings, as well as cover the losses of homeowners with an unscrupulous construction company. However, as far as is known, so far injured householders have not received any compensation ..
Such a precedent, according to experts, can become destructive for an unstable Spanish economy and, in particular, for the real estate sector. After all, real estate in Spain is interested in many foreign investors. They provide financial injections into the country’s economy and, of course, will not want to take risks in order to suffer like John Brooks ..
Before drawing up a deal to buy a real estate or an agreement on its construction, you must carefully study all the documents, as well as visit the local municipality. This is the only way you can protect yourself from scammers.
