ADVICES

It is important when buying in Spain that you have a survey undertaken before you place a deposit on a property.

In comparison to the level of investment that is required to purchase a property, the cost of a detailed surveyor’s report amounts to a small but worthwhile investment.

Note that depending on the sale value of the property, size, antiquity, location, a Building Survey generally represents between 0.4% and 0.7% of the sale value.

The percentages indicated are approximate.

Each budget depending on the characteristics of the property, what the client and his lawyer request, is budgeted independently.

If any flaws or defects are detected during the survey prior to purchase, allow the client to use the inspection report as a useful negotiating tool to reduce the purchase price or change some of the conditions in the purchasing contract.

In the worst case scenario my advice is: walk away from the property and save yourselves thousands of euros and endless problems.

As I have worked on behalf of clients as a judicial expert to the Spanish Court, I have seen many cases of bad and unlawful business practice, so be extremely careful and do not fall into the trap of cutting corners on initial survey costs.

The legal process in Spain is long, arduous and usually very expensive. Professional inquiries welcomed from lawyers.

The comments and photos shown in Bad Business Practices correspond to work I have done, several of which were used by clients’ lawyers for legal claims.

Each budget depending on the characteristics of the property, what the client and his lawyer request, is budgeted independently.

Feel free to contact me with your questions and free estimation, sending an email to surveyandalucia@gmail.com or a Whatsapp at (34) 686 846 624.

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