Developers
If you have any experience of property development in any market, you will be aware that the single largest obstacle to a successful outcome is to find the right piece of land to develop at the right price. At Costa Dorada Estates we are able to locate high quality pieces of land at different stages of the planning process.
THE STAGES OF THE PLANNING PROCESS
In Spain land is classed either as farmland, developable land or urban land.
 Farmland
Farmland is the cheapest of all, its price broadly depending upon what is growing on it. What one can build on farmland depends entirely upon the part of Spain in which the farmland is situated. In Catalunya, for example, unless the land is sufficiently far from a centre of population to warrant the construction of a farmhouse, the only structures for which planning permission may be obtained are barns and tool sheds. In other parts of Spain the rules are not as strict, although specific advice ought to be sought in each case.
Developable land
Farmland becomes developable land upon the order of the local town hall, a purely political decision. As one would imagine, the value of land increases greatly once such a decision has been taken. The planning use of the land will be determined by the town hall, information that can be obtained upon application.
Urban land
Developable land becomes urban land once it is ready to be built on, that is once the sewers and drains have been laid, the electrical supply has been installed, the roads and pavements have been built and the lampposts have been installed. Clearly there is a relatively high cost associated with developing the land to this stage.
BUILDING ON THE LAND
Building on urban land and selling the finished product is the final stage of the development process. If you are new to development, cutting your teeth in this market place is not advisable. For those with some experience, no matter how limited, there are a great number of opportunities to exploit.
OUR SERVICE
At Costa Dorada Estates we have the experience, the knowledge, the contacts and the professionalism to provide you with comprehensive assistance throughout each step of the process. We ensure that you are able to conduct your business as if you were in your home market, without falling into the pitfalls usually encountered by those doing business in this market for the first time.
If you require further information please contact the Development Department at development@costadoradaestates.com or telephone 00 34 977 245 300.
|
Investors
There are 2 broad categories of investment, residential property and commercial property.
Residential property
Most people investing in residential property in this region expect to use the property for their holidays and to let it out to holidaymakers on short lets the rest of the year.
Evidently, the keener the price at which you purchase, the better will be the return on your investment. In order to buy at prices under market value it is essential to identify the property before it is placed on the general market. At Costa Dorada Estates we have access to local information, for instance where banks are foreclosing on a mortgage and a sale is required urgently. We are also able to advise clients who are interested in purchasing in the public auctions conducted at the Spanish courts.
You may be buying either a resale property in need of modernisation, a newly built property, or a property off plan. Whatever your decide to do, at Costa Dorada Estates we will provide you with comprehensive advice in respect of negotiating agreements with builders, financing your purchase, refurbishing properties and managing your investment.
Commercial Property
Investors in commercial property often come to the marketplace with experience of residential investments and wishing to broaden their horizons. Others have extensive experience of commercial property investment in their home country or in other markets including Spain. Whatever your experience in this market, at Costa Dorada Estates we introduce you to the sector of the market best suited to your investment plan by:
assisting you with the letting of the property, including marketing the property and managing the administration of the property;
assisting you with the sale of the property, including the marketing of the property and completing the transaction on your behalf.
If you require further information please contact the Investment Department at investments@costadoradaestates.com or telephone 00 34 977 245 300.
|