Taylor Wimpey Espana is the first New build developer listing properties on our portal.

We are very proud to list all the projects of one of the most renowned developers in Spain: Taylor Wimpey. We couldn’t be more delighted to list those very qualitative projects and share those with our readers.

What does set HowtobuyinSpain.com apart from other real estate portals?

• We list properties dedicated to foreigners
• We help foreigners finding all the local partners for all the properties subjects: Lawyer, Tax, Mortgage,…
• Our exclusive HTBIS launch offer (1): Receive €5,000 from our partners’ network
• We disclose all the details of each developments allowing you to make an informed decision:

-the developers name,

-the exact location of the properties

-you can contact the developer directly and benefit from our exclusive offer AND the best developer’s prices

• How does it work?

Submit the form directly from any listed property on our portal: The best new build properties available in Spain

Who is Taylor Wimpey Espana?

Taylor Wimpey works for more than 60 years in Spain and we were really impressed by the very high standard specifications of its projects.

The core market of Taylor Wimpey is the second home market for foreigners and they do have properties in the Costa Blanca, in the Costa del Sol and in the Balearic Islands.

Here is an excerpt of our discussion with the head of Sales for Taylor Wimpey Espana.

Since how many years are you active in Spain?

We have been in business in the UK since 1880 and active in Spain since 1958 – it’s our 61st anniversary in Spain this year.

“The Harmony” project on the La Cala golf resort, a 3×18 holes in Mijas, Costa del Sol

How many properties sold from start?

Over 6500

How Many properties sold in 2018?

We have legally completed and handed over just under 400 new properties to their new owners in 2018 including our Joint Venture projects.

In which regions are you active in Spain?

We are active on the Costa del Sol, Costa Blanca, Mallorca & Ibiza

The “Compass project” in Mallorca, Balearic Islands

How many projects are you building now?

On the Costa del Sol we have 8 active sites and another 2 being launched very soon, on the Costa Blanca we are building 3 developments with another 2 are in the pipeline to be released soon, on Mallorca we have 6 active sites and another 2 to be released very soon and finally there is one project on Ibiza.

The “Panorama Mar development” in the Costa Blanca, Alicante

What differentiate Taylor Wimpey versus other developers?

I think we stand out in the sense that we deliver what we have promised our clients from day one. We are name and company you can trust. We start selling and building when we have the building licence – we do not pre-sell. Simply “A name you can trust”

“Natura townhouses” development in Malaga, Costa del Sol, another premium development.

Where are your customers coming from?

We can not say who our typical client is as we are active in 3 different geographical locations and the customers are different from one area to the other. The average age of our clients is just over 50, they have families and the majority use the new home is Spain as a second / lifestyle home.

Further to this we have properties with prices ranging from around €173,000 – €800,000 which put’s us into different market segments.

Our strongest 5 nationalities are German, British, Belgian, Russian and Spanish with a market share of around 60%.

The other 40% are made up of further 27 nationalities from all over the world.

If you want to contact Taylor Wimpey for any listed property and benefit from Our exclusive HTBIS launch offer (1): Receive €5,000 from our partners’ network, while buying at the lowest developers prices, fill the quick contact form available on each property and you will be contacted very shortly by the international sales team of Taylor Wimpey Espana.

Book your visits directly with the developer by filling the forms available with the property listings

The post Taylor Wimpey: The first New build developer listing properties on our portal! appeared first on How to buy in Spain.

Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten :

Discover the new build properties available from trusted developers in our network and buy them at zero extra cost.

How many new build properties could you find in Spain?

Where are the new build properties in Spain?

The “Ministerio de Fomento”, just released the number of unsold new homes in Spain: it is 457,000 at the end of 2019 vs 460,000 end of 2018. Earlier, it was quite higher: with 477,000 new build in 2017 and 492,000 at the end of 2016.

So the number of new build properties waiting to be sold in 2019 is only slightly lower than in 2018.

In Spain, you have a total of 25 million homes in total, so this means about 1.8% of all the properties existing in Spain are unsold new build properties .

Find this statistic always updated in our “real estate Returns and Mortgages in Spain” table.

As we wrote in one of our earlier paper, buying a new build property has many advantages: What are the advantages of buying a new build property in Spain?

Have a look at the evolution of Unsold New Homes in Spain since 2005

In which Spanish regions will you find the most Unsold New Homes in 2019?

Have a look at our chart: the Valencian Community, Catalonia and Andalusia are the 3 biggest regions and represent 50% of the new build properties!

You will find those two charts with many others always up to date in our “Must see charts about the Spanish real estate market” page.

Discover the best new build projects in Spain available right now

Which cities have the biggest percentage of New build homes for sale in Spain in 2019?

• Madrid 9.5%
• Barcelona 9%
• Alicante 8.2%
• Castellón 5.4%
• Valencia 4.7%
• Murcia 4.5%
• Toledo 4.5%
• Almería 3.8%

Which cities have the most New build homes on the market vs the total number of existing homes?

• Castellón 5.8%
• Toledo 4.9%
• (La) Rioja 4.4%
• Almería 4.3%
• Ciudad Real 3.9%
• Lleida 3.8%
• Santa Cruz de Tenerife 3.2%
• Alicante 2.9%

The two most active regions in Spain in 2019?

1. The Basque Country: -15%
2. The Balearic Islands: -13%

Here is the full overview per region:

As a reminder, here was the situation in 2018

The main difference between 2019 and 2018 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties apart for Ceuta and Melilla.

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2018?

• Madrid 8.7%
• Alicante 8.6%
• Barcelona 8.3%
• Castellón 5.4%
• Valencia 4.8%
• Murcia 4.6%
• Toledo 4.5%
• Almería 4%

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2018

• Castellón 6%
• Toledo 4.9%
• Almería 4.6%
• Rioja 4.4%
• Ciudad Real 3.9%
• Lleida 3.8%
• Castilla-La Mancha 3.1%
• Alicante 3%
• Santa Cruz de Tenerife 3%
• Teruel 2.8%
• Girona 2.7%
• Murcia 2.7%

Here was the situation in 2017

The main difference between 2018 and 2017 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties apart for Ceuta and Melilla.

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2017?

• Madrid 8,6%
• Alicante 8,5%
• Barcelona 8,3%
• Castellón 5,4%
• Valencia 4,8%
• Murcia 4,6%
• Toledo 4,4%
• Almería 4%

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2017

• Castellón 6%
• Toledo 5,%
• Almería 4,7%
• Rioja 4,5%
• Ciudad Real 4%
• Lleida 3.9%
• Alicante 3,1%
• Santa Cruz de Tenerife 2,9%
• Girona 2,8%
• Murcia 2,8%
• Teruel 2,7%

Here was the situation in 2016

The main difference between 2017 and 2016 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties.

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2016?

• Alicante 8,6%
• Madrid 8,5%
• Barcelona 8,1%
• Castellón 5,3%
• Valencia 4,9%
• Murcia 4,7%
• Toledo 4,5%
• Almería 4%

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2016

• Castellón 6,2%
• Toledo 5,2%
• Almería 4,9%
• Rioja 4,6%
• Ciudad Real 4,2%
• Lleida 4%
• Alicante 3,3%
• Murcia 2,9%
• Santa Cruz de Tenerife 2,9%
• Girona 2,9%
• Teruel 2,7%

Are you looking for a new build property from a qualitative developer?

Discover the best new build projects in Spain available right now

Another interesting source to find properties could be Spanish bank repossessions: have a look at the paper we wrote on that subject: Spanish bank repossessions: Your ultimate guide to 120.000 properties

Source: Spanish-Ministerio de Fomento.

Looking for an expert in Spain: a lawyer, a property hunter, tax experts, architects,…? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post Where are the new build properties in Spain? appeared first on How to buy in Spain.

A quick outline of Community property laws in Spain

Most of the time, as a foreigner, you will buy apartments within urbanisations or complexes subject to the community Property Laws in Spain or “Ley de Propiedad Horizontal” in Spanish.

What is the “Ley de Propiedad Horizontal”?

This law lays down the rights and obligations of the owners towards the community.

As a current or future owner, it is very important to understand this subject as many misunderstandings arise among foreigners who purchase a property in Spain. All of a sudden, many owners have to face “hidden debts” or community decisions that could be detrimental to their interests. The lack of knowledge of this law could be the basis for many issues.

Hidden Debts

The purchaser of a property is liable for the vendor’s outstanding debts for the present year and the previous year, unless a certification written by the community president and secretary state that there are no such debts and that this document is attached to the Purchase deeds.

So, get this written confirmation to be out of trouble.

Another important point: the new owner of a property is obliged to report the transfer of property rights to the Secretary of the Community. If you don’t comply with this, you are liable jointly with the previous owner of all the debts left by him.

The Serenity New build project sold in Mallorca is subject to the Horizontal law in Spain

The functioning of the Community

All the owners have to be notified of the date, time and place for the Community Annual meeting with at least 6 days in advance.

Any decision has to be notified in writing to all absent owners who did not attend the meeting, and the notification has to be sent to the owner’s address in Spain.

The Community has no obligation to notify the property owner abroad, they only send letters to an address in Spain.

Fighting a Community Decision

It is very important to know that any community decision should be fought within three months, counted from the Community Meeting for those who attended and counted from the receipt of the notification for those who did not attend to it. Many residents tend to think that the fact that the agreement is “illegal” or “unlawful”, or that they did not receive the invitation to the community meeting in due time, simply gives them right to ignore it, but this is not right in the eyes of the Spanish Law. In the event the owner receives the notification, after three months it becomes definitive and it cannot be fought at court, except in some extraordinary cases. In order to appeal at court the owner has to prove that he is up to date in the payment of community fees, or deposit the outstanding amount previously.

The Punta Mar New build apartments in Alicante is subject to the Horizontal law in Spain

Case Study

Mr. Brooks, who does not live in the property, has not paid community fees within the last two years, and the Community takes the decision to sue him at court by claiming not only the outstanding debt of €2,000 but also a penalty of €250. The community did not invite Mr.Brooks to the meeting, but they try to notify him of their decision through post. However, there is no one at the property, so they notify him on the community noticeboard.

The claim is submitted to Court three months after the notification takes place… what happens in such case? Firstly, Mr. Brooks cannot fight the community decision as the three months’ period has already expired, and secondly, if he tried to, he would have to deposit the claimed debt previously. The fact that he was not invited to the meeting cannot be used a defense, since they did try and post the decision and displayed it on the community board.

Consequently, the golden rule in order to avoid unpleasant surprises is to give the community an address in Spain where you can effectively be made aware of the notifications, and in the event the agreement taken goes against your interests, to consider fighting it at Court within three months.

If you want to read more on that subject, our legal partner in the region of Alicante, Jose Maria.

The post What are the Community property laws in Spain? appeared first on How to buy in Spain.

What is the legal due diligence for your Spanish property?

Property law Spain

Caroline, our paralegal adviser in the region of Andalusia explains to us how the due diligence works start:

“Once the deposit has been paid, we will request the real estate agency to provide us with the contact details of the vendors lawyer to notify them our representation and to request from them the necessary documentation in order to carry out the appropriate due diligence in which we will verify all relevant aspects related to the property.”

This due diligence work could take a few weeks and always takes place between the reservation deposit and the signing of the private purchase contract.

The due diligence works are different depending on the property purchase: New build or Resale. Here are the main issues that will be checked by your lawyer:

Legal due diligence checklist for a Resale property in Spain

1. The legal identity of the owner/the seller of the property you intend to buy
2. The land registry extract with boundaries and square metres of your land.
3. Check if details match: ownership, features of the property,…
4. Is there a mortgage or a debt linked to the property?
5. Any legal proceeding linked to the building?
6. Check that the property has been granted the corresponding municipal building permit and habitation licence by the Town Hall in question, and respects local urban planning rules.
7. The license “Cedula de habitabilidad” (or “Licencia de ocupación”) provided by the town hall
8. That the property is free from charges
   • All utility invoices paid by the previous owner
   • All community charges paid by the previous owner
   • All previous annual real estate taxes paid by the previous owner
9. Get the energy efficiency certificate from the previous owner
10. Check the history of ownership of the property

How do you settle the IBI tax, “Impuesto sobre Bienes Inmuebles”, between the seller and the buyer?

Our legal adviser in the region of Catalonia, Juan, explains that the annual real estate tax or “Impuesto sobre Bienes Inmuebles” (IBI) is a townhall tax that is charged at the beginning of the year for the full year. So, when a property is sold, it is common to agree between the parties to share the tax proportionally, depending on the date of the purchase.

Pay attention to the pre-emptive rights from the administration

Our legal adviser in the region of Catalonia, Juan, ask to give special attention to properties for which the seller is the SAREB since there could be a preferential acquisition right over the property, benefiting the City Council or another Public Administration. If these pre-emptive rights have not been considered previously, and the appropriate communications have not been made to the Public Administrations to enable them to exercise their rights, there may be problems in the purchase, afterwards. Another important keep in mind before buying a leased property: is the possible preferential acquisition right of the lessee.

If you want to read more on that subject, our legal partner in the region of Alicante, Juan Carlos, wrote two interesting papers on that subject: What should you pay attention to when buying a property in Spain? and How to protect yourself against Hidden defects on a Spanish Property? Property survey in Spain

Legal due diligence checklist for a new build (or “off Plan”) property purchase in Spain

1. Get a planning Certificate for the plot from the town hall and check for building restrictions on the plot or any potential negative developments to come.
2. Does the promoter have an individual bank guarantee to cover your payments?
3. Was there a permission to develop the plot at the Land Registry?
4. Is the developer registered at the Mercantile Registry?
5. Has the representative of the developer the legal power to represent the company?
6. That the property is free from charges: (mortgages, liens, encumbrances, etc.)
7. Has the developer an insurance covering damages caused by structural defects to the building?
8. That the construction specification or quality specifications are made available to the buyer and included in annexe to the purchase agreement.

Our legal adviser in Barcelona, Juan, also reminds us that the developer is legally obliged to guarantee the amounts received before the construction is finished.

Once the construction has been finished a few items should be checked

• Get the certificate that the works were properly done in accordance to the plans: The property must be registered in the land registry with the correct details, as “completed house”.
• The builder supplies the Final Works License: the ten years Insurance (Insurance which covers during ten years the structural defects of the building), and the Certificate of Habitation.
• Community areas: The community areas like Golf Courses, commercial areas, pool, gardens, must be completed, or in the process to be.
• It is very important to “read” the community rules to see, for example, if your neighbour can run a business which can disturb you, or if dogs are allowed, etc.
• Community charges: This kind of properties can have high expenses for maintenance. It is very important to know them in the initial steps of conveyance.
• Get the licence of first occupancy also known as “Licencia de Primera occupación”.
• A final check by a chartered surveyor?
• Urbanisation charges and works: There are some areas, overall in Denia and Javea, in which the property may have pending urbanisation costs and urbanisation works to be finished, and on account of the owner! So, please, take duly care with this.

If you want to read more on that subject, our legal partner in the region of Alicante, Juan Carlos, wrote this interesting article: What should you pay attention to when buying a property in Spain? and we wrote this one as well that could be of interest Buy a new build property in Spain.

This article: “Part III. Legal due diligence on your Spanish property” is part of an extensive article covering the legal and tax aspects of property acquisition in Spain:

Introductory paper: Why do you need independent legal and tax partners for your property acquisition in Spain?
Part I. Buying a property in Spain: Is a Spanish Notary enough? Why is an independent Spanish lawyer strongly advised?
Part II. Buying a property in Spain as a foreigner: Are you allowed to buy a property in Spain as a foreigner? Do you need a Visa? Who is buying? How do you finance?
Part III. Legal due diligence on your Spanish property
Part IV. Tax aspects related to your Spanish property: acquisition, ownership and sale of your Spanish property
Part V. Inheritance, Estate Planning and Granting a Will in Spain

For easiness of reading, it is split into five different articles: they could be read one after the other or separately.

The post What is the legal due diligence for your Spanish property? appeared first on How to buy in Spain.

Do you want to build your own villa in Spain?

1. Let’s start with your plot of land

Most of the time, you may construct on a certain proportion of the plot, let’s say 20%… so if you want a big villa, you’ll need a big plot.

• Check the spatial planning of the plot and of the adjacent plots.
• Think about the views.
• Check the format of the properties you may build: High? Large?
• Style? Check what you may or may not do in that region / that city: Mediterranean style, Modern style,…
• Is the area already developed or not? If not, you will have to install utilities, street lighting, sewage,… and it could mean extra costs.
• Is your plot of land precise? What about its measures? If any doubt, a professional will double check it. (about €400)

2. Buy the land

You will have to pay VAT on that and a local tax to register the plot and create the legal act to the local authorities of about 2%.

3. Find an architect

If you want an excellent architect, you could have a good one here: Don’t search further, we found it! Your architect design dream house in Spain! This architect works all over Spain and even started to work in Europe on a few different projects.

Your architect will:

• create a first draft of the project
• ask for the authorisation for building the project with the local authorities
• The tax for the authorisation is about 2-3% of the price of the works and varies between the different
• check the authorisation

In general, the cost of the architect is about 10% of the construction costs.

4. Contractor

Your architect could help you with this step. You will have to compare between contractors. Check the financial health of those companies… and of course negotiate to get the best all-in price. Check for warranties and ask for a precise schedule of payments. You will have to pay the VAT of course on the works of 10%.

5. Follow up of the works

This is the job of the architect. At the end, you should get a technical control of the site as well.

6. Get the delivery of your villa

You will receive a certificate of conformity. You will need as well the license of the first occupation on which you will have to pay a tax. The local authorities will control the property then finally the Contractor will deliver the property.

Last but not least, you will get a bunch of Certificates for your utilities.

You will need to go to the notary to get the “Escritura de Obra Nueva” which is a precise description of the new build property with a valuation of the property. It will be registered in the Register of properties. For this act you will have to pay a tax of 1.5% to 2%.

The contractor should have a insurance for his responsibility for the next 10 years. If not maybe you should ask for an insurance.

Do you think that it’s too much work to build your own property but you really want a new build property?

Picture Credit of the “featured image” at the top of this article, follow this link to review the full project: Fran Silvestre Arquitectos working everywhere in Spain and in some parts of the world, ask us to be put in touch with them and benefit from the strength of our network.

Discover the best new build projects in Spain available right now

New build for sale in Spain € 320,000

2 beds 1 bath 61.3 m²

New build for sale in Spain € 313,000

2 beds 2 baths 61.3 m²

New build for sale in Spain € 540,000

3 beds 3 baths 191 m²

New build for sale in Spain € 520,000

3 beds 2 baths 109 m²

New build for sale in Spain € 345,000

2 beds 2 baths 97 m²

New build for sale in Spain € 435,000

3 beds 2 baths 114 m²

New build for sale in Spain € 350,000

3 beds 2 baths 106 m²

New build for sale in Spain € 273,000

2 beds 2 baths 83 m²

New build for sale in Spain € 368,000

3 beds 2 baths 103 m²

New build for sale in Spain € 315,000

2 beds 2 baths 90 m²

New build for sale in Spain € 245,000

2 beds 2 baths 83 m²

New build for sale in Spain € 335,000

3 beds 2 baths 98 m²

New build for sale in Spain € 250,000

2 beds 2 baths 90 m²

New build for sale in Spain € 420,000

2 beds 2 baths 81.7 m²

New build for sale in Spain € 475,000

3 beds 2 baths 101.9 m²

New build for sale in Spain € 490,000

3 beds 2 baths 119.8 m²

New build for sale in Spain € 540,000

3 beds 2 baths 129.2 m²

New build for sale in Spain € 530,000

3 beds 2 baths 106.9 m²

New build for sale in Spain € 370,000

2 beds 2 baths 88.9 m²

New build for sale in Spain € 440,000

3 beds 2 baths 106.9 m²

New build for sale in Spain € 367,000

3 beds 3 baths 177 m²

New build for sale in Spain € 262,000

3 beds 2 baths 84 m²

New build for sale in Spain € 242,000

2 beds 2 baths 72 m²

New build for sale in Spain € 277,000

2 beds 2 baths 73 m²

New build for sale in Spain € 255,000

3 beds 2 baths 85 m²

New build for sale in Spain € 220,000

2 beds 2 baths 71 m²

New build for sale in Spain € 240,000

2 beds 2 baths 80 m²

New build for sale in Spain € 280,000

3 beds 2 baths 88 m²

New build for sale in Spain € 585,000

3 beds 3 baths 162 m²

New build for sale in Spain € 348,000

3 beds 2 baths 220 m²

New build for sale in Spain € 355,000

3 beds 2 baths 100 m²

New build for sale in Spain € 385,000

2 beds 2 baths 76 m²

New build for sale in Spain € 325,000

3 beds 2 baths 97 m²

New build for sale in Spain € 269,000

2 beds 2 baths 81 m²

New build for sale in Spain € 631,000

3 beds 2 baths 123 m²

New build for sale in Spain € 345,000

2 beds 2 baths 154 m²

New build for sale in Spain € 430,000

3 beds 2 baths 116 m²

New build for sale in Spain € 730,000

3 beds 2 baths 149 m²

New build for sale in Spain € 529,000

3 beds 2 baths 133 m²

New build for sale in Spain € 319,000

2 beds 2 baths 87 m²

Have a look at our paper on buying an apartment in Spain off Plan.

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full team of HTBIS here

The post Do you want to build your own villa in Spain? appeared first on How to buy in Spain.

Buying a new build property off plan in Spain?

You may buy a property off plan, or you may want to build it with your architect.

If you want an excellent architect, remember this article we wrote about a beautiful project in the Valencian region: Don’t search further, we found it! Your architect design dream house in Spain! This architect works all over Spain and even started to work in Europe on a few different projects.

What should you pay attention to?

• Check the pictures you received representing the project.
• What about spatial planning in the plot of lands adjacent to your new property?
• Is there a valid building permit for your new property?
• Check the building permit
• Check if the contractor has an insurance or a bank warranty (see next point)

Please note that you have to pay VAT on the total amount: the value of the land AND the building costs. You have to pay a local tax for creating the legal act of between 1 and 2% to the local authorities.

Bank Guarantees in Spain: Law 57/68

Check the warranty from the contractor, before doing your first downpayment, it is a legal obligation.

• Either a Bank warranty or insurance
• The law forces banks (or the insurance) to refund payments for unfinished properties.
• The payments’ dates for all the different payments should be clear and it should be clearly stated what works should be done for each of those.

What should your purchase contract mention?

• The delivery date
• The payments’ dates for all the different payments
• Detailed plans for the property
• Check the square meters build vs the usable square meters in a condominium
• The standard set of specifications
• If the building permit was not yet given to the developer:
  • it is important to add a clause that the contract will start AFTER the building permit is granted!
  • Make the first payment, ONLY AFTER the building permit is granted.

Delivery of your new build property

• Snagging the property
• Check the property act
• Sign at the notary

You have a 3-year warranty on the building works from the contractor and a 10-year warranty from the architect on design faults and the main parts of the structure but pay attention, not everything is covered so you could need to take an insurance for that.

Discover the best new build projects in Spain available right now

If you prefer to build your own villa in Spain, read our paper on that.

Have a look at one of our most read paper with more on that: What is the real cost of buying your Spanish Property? and read the paper written by one of our local legal partner: What should you pay attention to when buying a property in Spain?

We listed more than 30.000 plot of lands from bank repossessions, have a look at our last paper on that: Spanish bank repossessions: Your ultimate guide to 120.000 properties or at our main page with all the real estate bank portals in Spain. We are quite proud to say that our paper was read more than 300 times in its first week.

Even if it looks quite simple, in order to avoid any bad surprise … that will cost you much more than the cost of an excellent lawyer. Find a local independent lawyer speaking your language in our network.

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full team of HTBIS here

The post Buy a new build property in Spain appeared first on How to buy in Spain.