In this episode, Glenn and An-Sofie discuss in the buying process of a buy on plan in Spain. What are the steps, what should you pay attention to, and how is this different from buying an existing property?
Listen on Youtube, Apple Podcasts or Spotify.
🔹 Wat is een koop op plan?
- Explanation of difference between buy-on-plan and auto-promoción (being a builder himself).
🔹 Stap 1: De reservatie
- How does a reservation for a new building work?
- Can you make an offer on a new construction project?
🔹 Stap 2: Juridische en technische controles
- Verification of property title, permits, and presence of a bank guarantee.
- What if planning permission has not yet been delivered?
- What if no bank guarantee is offered?
🔹 Stap 3: De koopovereenkomst
- What is the difference between a reservation and a purchase agreement?
- What documents and safeguards are needed?
🔹 Stap 4: De oplevering van de woning
- Technical delivery and snagging list.
- Legal completion and entry in the register.
🔹 De rol van een volmacht
- Why it is useful to work with power of attorney:
- NIE numbers
- Flexibility in deed date
- Utility connection
- Rental licence application
🔹 Wanneer kan je de woning in gebruik nemen?
- Difference between deed and effective commissioning.
- What if the utilities are not connected yet?
🔹 Bezoek bij de notaris
- What exactly happens when the deed is executed?
🔹 Na de akte: administratieve opvolging
- Utility connection
- Rental licence application (if applicable)
- Declaration of foreign cadastral income (KI)
- Registration of title
🔹 Waarom kiezen voor een koop op plan als investering?
- Fixed purchase price today, payment spread in the future
- Potential added value on delivery
- Less risk when the project is completed
