{"id":2505,"date":"2018-08-13T14:02:50","date_gmt":"2018-08-13T14:02:50","guid":{"rendered":"http:\/\/decottalaw.com\/?p=2505"},"modified":"2018-08-13T14:02:50","modified_gmt":"2018-08-13T14:02:50","slug":"property-off-plan-spain","status":"publish","type":"post","link":"https:\/\/decottalaw.com\/nl\/property-off-plan-spain\/","title":{"rendered":"Buying property off plan in Spain &#8211; Independent advice"},"content":{"rendered":"<p>With construction commencing again and prices rising in most areas of Spain many people are <strong>buying property off plan<\/strong>. This can be a very good way to purchase with payment in instalments until the construction is completed.<\/p>\n<p>Buying in this way in Spain is safe and secure provided your lawyer ensures that a guarantee or insurance policy is in place.<\/p>\n<p>A revised law governing <strong>Insurance and Solvency of guarantees of 20\/2015<\/strong> has come into effect to bring more certainty with an insurance\/guarantee system to protect buyers of off-plan property. The original law dates back more than 50 years in the Ley 57\/1968 and needed modifying to bring it into line with modern insurance and banking guarantees.<\/p>\n<p>There are important changes to the previous law which purchasers relied on when a development was not completed. Before entering into any offplan purchase your lawyer will need to <strong>check the building licence<\/strong>. All the payments once the licence is in place must be protected either by a <strong>bank guarantee or an insurance policy<\/strong>. The guarantee or policy must cover all payments plus taxes and legal interest from the date of payments to the date set for completion.<\/p>\n<p>A lawyer acting for you and <strong>independent of the developer<\/strong> can advise you on the completion dates, effective return of monies if the developer fails to complete and all other issues relating to your ownership of Spanish property.<\/p>\n<p><strong>Contact our experienced property team on <\/strong><a href=\"mailto:conveyancing@decottalaw.net\"><strong>conveyancing@decottalaw.net<\/strong><\/a><strong> or call on + 34 952 527014. <\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With construction commencing again and prices rising in most areas of Spain many people are buying property off plan. This can be a very good way to purchase with payment in instalments until the construction is completed. Buying in this &hellip; <a href=\"https:\/\/decottalaw.com\/nl\/property-off-plan-spain\/\">Vervolgd<\/a><\/p>\n","protected":false},"author":4,"featured_media":2192,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23,30],"tags":[],"office-cat":[],"service-cat":[151],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>off plan property in spain buying legal advice guarantees banks promoters<\/title>\n<meta name=\"description\" content=\"Off plan buying property in Spain guarantees promotor banks\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/decottalaw.com\/property-off-plan-spain\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"off plan property in spain buying legal advice guarantees banks promoters\" \/>\n<meta property=\"og:description\" content=\"Off plan buying property in Spain guarantees promotor banks\" \/>\n<meta property=\"og:url\" content=\"https:\/\/decottalaw.com\/property-off-plan-spain\/\" \/>\n<meta property=\"og:site_name\" content=\"De Cotta Law\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DeCottaLaw\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-13T14:02:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/decottalaw.com\/wp-content\/uploads\/2016\/07\/Off-plan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1227\" \/>\n\t<meta property=\"og:image:height\" content=\"1300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sandra Wrightson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DeCottaLaw\" \/>\n<meta name=\"twitter:site\" content=\"@DeCottaLaw\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sandra Wrightson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minuut\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/decottalaw.com\/property-off-plan-spain\/\",\"url\":\"https:\/\/decottalaw.com\/property-off-plan-spain\/\",\"name\":\"off plan property in spain buying legal advice guarantees banks promoters\",\"isPartOf\":{\"@id\":\"https:\/\/decottalaw.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/decottalaw.com\/property-off-plan-spain\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/decottalaw.com\/property-off-plan-spain\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/decottalaw.com\/wp-content\/uploads\/2016\/07\/Off-plan.jpg\",\"datePublished\":\"2018-08-13T14:02:50+00:00\",\"author\":{\"@id\":\"https:\/\/decottalaw.com\/#\/schema\/person\/e631adfb82da3a1c1b430d9dc2a83ae0\"},\"description\":\"Off plan buying property in Spain guarantees promotor banks\",\"breadcrumb\":{\"@id\":\"https:\/\/decottalaw.com\/property-off-plan-spain\/#breadcrumb\"},\"inLanguage\":\"nl\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/decottalaw.com\/property-off-plan-spain\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"nl\",\"@id\":\"https:\/\/decottalaw.com\/property-off-plan-spain\/#primaryimage\",\"url\":\"https:\/\/decottalaw.com\/wp-content\/uploads\/2016\/07\/Off-plan.jpg\",\"contentUrl\":\"https:\/\/decottalaw.com\/wp-content\/uploads\/2016\/07\/Off-plan.jpg\",\"width\":1227,\"height\":1300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/decottalaw.com\/property-off-plan-spain\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"De Cotta\",\"item\":\"https:\/\/decottalaw.com\/nl\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Buying property off plan in Spain &#8211; 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