Buy Off Plan Property

Buying Off Plan Property is buying a property before it has been constructed, here you will learn all about buying Off plan Property and why it can save you money on the purchase price of a home. Quite big savings right up to 25% off. So come back often to find out all about buying off plan property.

Buying off plan property in Canada

Buying off plan property in Spain continues to be fashionable among non-resident buyers, particularly as an investment.

If you are bearing in mind purchasing off plan, then it is very significant that you are aware of your rights and the promoter's commitment. Whether you are buying an apartment or a home within a complex which is still not built, or whether you are have bought land and are having a villa built, you should craft it clear that you be expecting the promoter (off plan) or builder (land) to complete their obligations, as well as the famous "libro del edificio" (literally, book of the building).

The libro del edificio is a comparatively new document introduced via a clause in the Ley de Ordenación de la Edificación in 2000 mostly to protect the rights of home buyers in the event of any potential future troubles related to potential faults in the building. This is why it is in your interests to have a copy. If something goes wrong once you are living in your new home and you think it is the responsibility of the builders to correct it, and then you require the libro del edificio in order to prove your case.