The Spanish property market has witnessed a remarkable transformation over the past couple of years. Following the pandemic, there was an unprecedented surge in the demand for new build properties in Spain.
This surge was driven by consumers eager to invest their accumulated savings, resulting in double-digit growth in property prices, especially for off-plan properties.
This boom was further fuelled by the rising inflation rates. With banks offering negligible interest on savings deposits, many saw real estate as a safe haven for their funds. Investing in bricks and mortar became a preferred choice for many to shield their savings from the eroding effects of inflation.
However, as with any rapid expansion, there are bound to be some hiccups along the way. Despite the best efforts of developers, construction flaws can sometimes be overlooked.
It’s crucial for potential buyers to be aware of these pitfalls. One of the best ways to safeguard against such issues is to commission a snagging list before officially taking possession of the property.
Independent chartered surveyors, though an additional expense for the buyer, can identify even the most concealed construction flaws. These detailed reports are invaluable tools for lawyers, enabling them to advocate for their clients more effectively and ensure that any issues are rectified.
In this article, we’ll delve into the three primary construction guarantees available when purchasing off-plan property in Spain and the timeframes within which claims can be made.
Construction Flaws: 1-Year Guarantee
For a period of one year, both the developer and the constructor are jointly accountable for any construction flaws. These are typically defects that are visible to the untrained eye and are usually identified during a snagging list inspection before the property’s completion. They pertain mainly to the final touches of the construction.
It’s advisable not to finalise the purchase until these flaws are addressed. If this isn’t feasible, buyers should consider retaining a portion of the payment until the issues are resolved, typically within a six-month window post-completion. This approach ensures that the developers remain motivated to rectify the flaws promptly.
Common examples include mismatched or missing floor tiles, chipped paint, defective doorknobs, dripping taps, and other issues arising from poor workmanship or subpar materials.
Dwelling Hazards: 3-Year Guarantee
This category encompasses defects that directly affect the habitability of the property. Such flaws are usually more severe, posing risks to the health and safety of the inhabitants or even the environment. The guarantee for these hazards spans three years.
Some instances include damp patches in rooms leading to mould growth, malfunctioning electrical appliances, and gas leaks.
Structural Problems: 10-Year Warranty
Often referred to as the “Seguro Decenal”, this ten-year warranty is a cornerstone of the Spanish property market. It addresses significant structural issues that jeopardise the building’s stability and can be life-threatening. An insurance firm oversees the entire construction process, ensuring that the materials and construction adhere to Spanish laws and standards.
However, it’s worth noting that the application of this warranty can be quite restrictive.
Examples of structural problems include landslides due to unstable foundations, large cracks threatening the building’s integrity, and roofs collapsing from heavy rainfall.
Understanding the Guarantee Protection Timeline
A common misconception is that these guarantees commence from the completion date at the notary. However, the countdown for these guarantees begins from the time the developer receives the “Acta de Recepción”, which always precedes the notary completion.
In Conclusion
Spain’s thriving property market is once again witnessing a surge in new construction property sales. Given this boom, it’s imperative to foster a culture of awareness around Consumer Rights. This is especially crucial for foreigners and expatriates, ensuring they are well-informed about their rights and how to exercise them in the ever-evolving Spanish property landscape.
New Build Ultra Modern Townhouses Coming to Alenda Golf
Private residential complex situated close to the airport, the main cities and the best beaches in the province of Alicante, on a 15 minutes drive by car from Elche and Alicante.
Sunrise Views is located in peaceful surroundings at Alenda Golf Course in Monforte.
The houses are provided with a complete aerothermal energy system for heating, air conditioning, and domestic hot water, a renewable energy system that takes advantage of external environmental energy.
Adosados Ultramodernos De Nueva Construcción en Alenda Golf
Urbanización privada cercana a las principales ciudades de la provincia de Alicante, a 15 minutos en coche de Elche y a 20 de Alicante, así como al aeropuerto y las mejores playas.
Sunrise Views se encuentra ubicada en un entorno tranquilo en las inmediaciones de Alenda Golf Course.
Las viviendas cuentan con aerotermla completa, sistema de renovadle que aprovecha la energía ambiental exterior.
Ouigo Introduces Additional High-Speed Train Service Between Alicante and Madrid
Good news for travellers between Alicante and Madrid! Starting from 12th December, an additional high-speed train service will be available, thanks to the private company, Ouigo. This enhancement in the train service is a testament to the growing demand and the commitment of service providers to cater to the needs of the public.
The French-based firm made the announcement this Wednesday, highlighting that the frequency of trains operating on the Alicante-Albacete-Madrid route would be increased. Previously, there were two trains per day in each direction. However, with this new addition, passengers can now choose from three daily services in both directions.
This move by Ouigo not only offers more flexibility for travellers but also signifies the strengthening ties and improved connectivity between these two major Spanish cities. Whether you’re travelling for business or leisure, this increased frequency ensures that you have more options to choose from, making your journey smoother and more convenient.
Ouigo Introduce un Servicio Adicional de Tren de Alta Velocidad Entre Alicante y Madrid
¡Buenas noticias para los viajeros entre Alicante y Madrid! A partir del 12 de diciembre, estará disponible un servicio adicional de tren de alta velocidad, gracias a la empresa privada, Ouigo. Esta mejora en el servicio de trenes es un testimonio de la creciente demanda y del compromiso de los proveedores de servicios para satisfacer las necesidades del público.
La firma con sede en Francia hizo el anuncio este miércoles, destacando que la frecuencia de los trenes que operan en la ruta Alicante-Albacete-Madrid se incrementaría. Anteriormente, había dos trenes al día en cada dirección. Sin embargo, con esta nueva adición, los pasajeros ahora pueden elegir entre tres servicios diarios en ambas direcciones.
Este movimiento de Ouigo no solo ofrece más flexibilidad para los viajeros, sino que también significa el fortalecimiento de los lazos y la mejora de la conectividad entre estas dos importantes ciudades españolas. Ya sea que viaje por negocios o por placer, esta mayor frecuencia asegura que tenga más opciones para elegir, haciendo que su viaje sea más fluido y conveniente.
10 Reasons Why Living on a Golf Course in Spain is a Game-Changer
Spain is renowned as a tourist haven, but what about making it your permanent home, especially on a golf course? The country offers a perfect blend of tradition, beauty, and modernity, and living on a golf course adds that extra allure for many. Here’s why moving to a golf course in Spain is an ace of an idea!
Affordable Luxury Living
Spain’s cost of living is surprisingly reasonable when compared to other European countries. But what’s even more attractive is the affordability of golf course properties. Here, you get the luxury of pristine views and an upscale lifestyle without breaking the bank.
Golf Course Real Estate is Second to None
Golf courses on the Costa Blanca are surrounded by some of the most stunning properties you’ll find anywhere – from modern villas overlooking the green to traditional Spanish homes that exude charm. Whether you fancy the beach or the mountains, you can have them, along with a backyard that boasts a sprawling golf course.
Diverse Golfing Experiences
Every region in Spain offers a distinct golfing experience. From courses nestled in alpine regions to those hugging the Mediterranean coastline, Spain caters to every golfer’s dream. Spain has got you covered!
Year-round Golfing Weather
Spain’s reputation for year-round sun isn’t exaggerated. Especially on the Costa Blanca, golfers can indulge in their passion throughout the year. The mild winters ensure you’re teeing off no matter the month, making Spain a golfer’s paradise. No winter greens!
A Deep Dive into History
Living in Spain allows you to immerse yourself in its rich tapestry of history. And guess what? Some golf courses are strategically located near historical sites, allowing residents to combine their love for golf with a cultural exploration. Imagine playing golf in the morning and visiting a historic cathedral or Roman ruins in the afternoon.
A Culinary Hole-in-One
Moving to Spain offers a culinary journey like no other. And after a game of golf, what could be better than feasting on traditional dishes like paella, gazpacho, or Gambas al ajillo? Golf course clubs often boast top-notch restaurants serving the best of Spanish cuisine, ensuring your taste buds are always satisfied.
Engage with a Passionate Community
Living on a golf course ensures you’re part of a community that shares your passion. Engaging with fellow golf enthusiasts, joining clubs, and participating in local tournaments can make your Spanish journey even more memorable. Most have regular morning roll-ups!
Health and Well-being
Beyond the sheer enjoyment of the game, golf is a great way to stay active and healthy. The expansive greens offer a serene environment for both mind and body. In Spain, you can take advantage of this amidst the backdrop of beautiful landscapes, making it the ideal place for holistic well-being.
Eco-friendly Living
Many golf courses in Spain are increasingly becoming eco-conscious, ensuring sustainability and reduced environmental impact. Living here ensures you’re part of a community that values green living, allowing you to enjoy luxury with a clear conscience.
Alenda Golf Property: Your Trusted Partner
When considering a move, it’s paramount to have a reliable property expert by your side.
Alenda Golf Property stands out as a proven and specialist property expert, specifically for real estate at Alenda Golf. With a reputation for excellence and a deep understanding of the local market, they ensure your transition is seamless and tailored to your preferences.
In conclusion, for those with a penchant for golf and a love for all things Spanish, living on a golf course in Spain is the perfect blend of sport, luxury, and culture.
Why just vacation in Spain when you can live the dream every day?
From the end of September, Spain is tightening the reins on pet ownership. The Spanish Government’s new Animal Welfare Law will change the status quo for many pet owners, effectively outlawing certain species from domestic environments. Here’s what you need to know.
Key Points:
Enforcement Date: The new law will be enforced from September 29.
Notification Requirement: Owners have a six-month window to inform authorities about their prohibited pets.
New Homes for Prohibited Pets: Animals will be moved to wildlife protection centres, zoos, or animal protection entities.
List of Prohibited Pets: Includes amphibians, primates, certain reptiles, and larger mammals.
Fines and Penalties: Non-compliance could result in stiff fines and other penalties.
The Details of the New Law
This new regulation means that a variety of pets that were previously considered legal to own will become illegal from September 29 onwards. According to sources like OK Diario, this significant change in law aims to prioritise animal welfare and safeguard public health.
What the Law Means for Current Pet Owners
If you already own a pet that will be prohibited under the new law, you’re required to:
Inform Authorities: You have a six-month window starting from September 29 to notify the competent authorities about your pet.
Relinquish Ownership: Your pet will be moved to a wildlife protection centre, zoo, or an appropriate animal protection entity.
New Spanish Animal Welfare Law: Is Your Pet on the Prohibited List?
From the end of September, Spain is tightening the reins on pet ownership. The Spanish Government’s new Animal Welfare Law will change the status quo for many pet owners, effectively outlawing certain species from domestic environments. Here’s what you need to know.
Key Points:
Enforcement Date: The new law will be enforced from September 29.
Notification Requirement: Owners have a six-month window to inform authorities about their prohibited pets.
New Homes for Prohibited Pets: Animals will be moved to wildlife protection centres, zoos, or animal protection entities.
List of Prohibited Pets: Includes amphibians, primates, certain reptiles, and larger mammals.
Fines and Penalties: Non-compliance could result in stiff fines and other penalties.
This new regulation means that a variety of pets that were previously considered legal to own will become illegal from September 29 onwards. According to sources like OK Diario, this significant change in law aims to prioritise animal welfare and safeguard public health.
What the Law Means for Current Pet Owners
If you already own a pet that will be prohibited under the new law, you’re required to:
Inform Authorities: You have a six-month window starting from September 29 to notify the competent authorities about your pet.
Relinquish Ownership: Your pet will be moved to a wildlife protection centre, zoo, or an appropriate animal protection entity.
List of Prohibited Pets
So, which pets are we talking about? Here’s a detailed list:
Dangerous Creatures: Amphibians, fish, and arthropods whose venom or bite could be hazardous to human or animal health.
Primates: All primate species are banned.
Reptiles: Poisonous reptiles and those weighing more than two kilos as adults, barring turtles.
Large Mammals: Wild mammals weighing more than five kilos in adulthood.
Additional Restrictions: Species that are already banned by other community or national regulations.
Marine Mammals: Although not typical household pets, cetacean species like whales, dolphins, and porpoises are also covered. Breeding and captivity are permitted only for conservation and research purposes.
Fines and Legal Repercussions
Non-compliance isn’t an option. Violators will face:
Financial Penalties: Fines for breaches in animal welfare standards.
Legal Action: Penalties for failing to register exotic animals and illegal possession.
Final Thoughts
It’s crucial for pet owners to be aware of these changes and act accordingly to ensure the well-being of their pets and the preservation of wildlife. This law is not merely regulatory but aims to promote a culture of responsibility, public awareness, and education about animal welfare.
Golf and its Impact on the Spanish Property Market
Highlights of an article released by ‘SUR In English’ on Monday, 28 February 2022, 10:06 – If you have property on or near to a Golf Course you need to read this article in full – see the link below.
Highlight 1: Golf has become once again a major attraction for tourists and property buyers alike, especially in the regions of Andalucía and Valencia.
Highlight 2: Every year in Spain people buy 8,400 properties which are located in or near golf courses, at an average price of 356,000 euros.
Highlight 3: About 8,400 properties in Spain are bought every year by visitors from other parts of Europe who love to play golf.
Highlight 4: 42 billion euros have been invested in around 283,000 properties by this tourism segment alone.
Highlight 5: Golf-loving visitors have bought over 283,000 homes in Spain and prefer locations where they can combine their sport with beach tourism.
Highlight 6: About 18.5 % of the more than 350 golf courses in Spain are part of a residential development, highlighting the close link between golf and the property.
Highlight 7: Valencia region was the second most popular, as 33 per cent of tourists there come to play golf, and they have spent 13.6 billion euros on properties.
Highlight 8: 75 golf courses which form part of a residential development, a further 170 have residential complexes nearby which benefit from their proximity.
Welcome to Alenda Golf Property we are golf property specialist at Alenda Golf, if you need help with finding a property, or selling a property please call + 34 649 649 018
Our niche and targeted market is the European Golfer, aged from 30 to retirement.
Look at these figures: –
There are an estimated 4.26 million registered golf players in Europe, plus thousands of unregistered social players who just love the game.
66% of player distribution aged 50 and above, an age range where considering retirement is a norm.
Additionally, there are another 18% of 40 to 50 year olds who may well be uniquely positioned to invest early in a golfing lifestyle.
Literally, thousands of these golfers dream of living and playing golf on a course where they own a retirement home, or to purchase as a holiday and rental investment.
EasyJet flights from Southend to Alicante are back
Budget airline EasyJet has announced it will relaunch its route from Southend to Alicante, which last operated in 2020.
Pre-pandemic, easyJet ran flights 10 times a week, with Ryanair additionally running five weekly flights to Alicante from Southend.
On sale from today, the re-started route to the hotly anticipated holiday spot on the Costa Blanca coast adds to the airport’s growing number of destinations with easyJet, including Malaga, Majorca, Faro, Paris, Geneva, and Amsterdam.
The route will operate twice a week from Sunday, October 29. Flights will depart on Thursdays and Sundays with fares starting from £22.99.
EasyJet’s UK country manager said: “We are really pleased to be launching another route from London Southend to Alicante to operate all which will be popular with those thinking about holidays this year and next.
Peacefully Coexist with Bees and Wasps This Summer
Summer is the time to bask in the sunshine, enjoy picnics, and relish outdoor activities. But with the warmth comes an increased presence of bees and wasps, which can sometimes be a concern.
Although bees and wasps might seem pesky, remember they play an essential role in our environment. So, rather than fearing them, let’s look at friendly ways to keep these buzzing friends at a distance.
During the sun-soaked months of July and August, bees and wasps become particularly active due to the warmth aiding their reproduction. And with us humans also being out and about, there’s bound to be an intersection of paths.
It’s worth noting the difference between these insects. While wasps possess a smooth stinger and can also bite, bees have a barbed stinger and will die after stinging. Bees generally sting only when they feel endangered, so it’s best to stay calm around them.
Suggestions for Keeping Bees and Wasps at Bay
Crushed Garlic: Let it ripen for several days before scattering it around your outdoor spaces.
Coffee or Vinegar: These strong smells deter our winged friends.
Citrus Peels: Scatter lemon or orange peels around your outdoor areas.
Smoke: If there’s a hive nearby, gentle smoke can encourage them to find a new spot.
Aromatic Plants: Adorn your patio or window ledges with fragrant plants like basil, citronella, eucalyptus, laurel, lavender, or mint.
Candles: There are always Citronella candles in shops and supermarkets, they work get some, and keep lit all evening.
Additional Friendly Advice:
Always cover food during outdoor gatherings.
Reaching out to a local beekeeper might be a good shout.
Call Jose 607 35 85 94 or email him at Jose@ecomercat.es, he will collect and remove any hives that you may find on or around your premises.
Please Remember About Our Buzzing Buddies:
It’s vital to remember that bees and wasps are pivotal for biodiversity.
Should they pay you a visit, remain serene and avoid jerky movements.
And if you do get stung, it’s wise to place some ice on the area and consider seeking medical advice, particularly if there’s a concern about allergies.
Let’s enjoy the summer, respecting the role these insects play in our ecosystem, and finding harmonious ways to share our outdoor spaces. Cheers to a buzzing good summer!
A Number of Benefits for Investing in a Newly Constructed Property
Feeling weary of investing in older homes or those needing substantial renovations? How about considering a brand-new property? Opting for a new property offers numerous distinct advantages, such as:
Selection Opportunities
If you express your interest early in a new housing project, the chances of finding the perfect home increase significantly. To secure that sun-kissed garden for memorable summer gatherings or that top-tier apartment boasting breathtaking views, act promptly to understand your available options. Modern properties are crafted keeping contemporary homebuyers’ preferences in mind, increasing the likelihood of meeting your specific requirements.
Decade-Long Guarantees
A standout benefit of a new property is the minimal necessity for repairs and maintenance. Furthermore, you receive the security of a 10-year warranty, often provided by bodies like the National House Building Council (NHBC) or equivalent. This warranty safeguards against potential structural issues.
If any issues surface, the construction company (during the initial two years) or the NHBC (for the succeeding eight years) bears the repair costs. Moreover, warranties often extend to household appliances like refrigerators or washing machines if they are included. After property handover, a comprehensive inspection, known as “Snagging” alongside the agent identifies minor issues, which the developer will commit to rectifying.
Absence Of Previous Ownership
With a new property purchase, you sidestep potential uncertainties stemming from the seller’s side of transactions. Not only does this ensure a smoother and speedy transaction for you, but it also makes your property enticing for potential buyers as there is no chain.
However, note that new property purchases follow a distinct timeline. Typically, you initiate with a reservation fee, followed by a 10% payment upon contract exchange after 28 days. The remaining amount is settled upon construction completion.
Greater Transaction Security
Purchasing a property is often fraught with anxieties, given that nearly 20% of transactions for older homes collapse. Numerous factors, ranging from unexpected survey findings to disrupted chains, can derail deals.
But, when you’re investing in a new property, such cancellation rates drastically plummet. Since it’s a commercial engagement for builders, there’s a diminished risk of them retracting mid-deal. A reservation fee ensures your chosen property is held exclusively for you, negating the chances of the developer accepting rival offers.
Moreover, there are no survey-related concerns to address.
Furthermore, builders are bound by the House Builders Code of Conduct, enforcing strict adherence to set standards – a provision not applicable to individual sellers.
Optimal Energy Usage
Today’s residences prioritize energy efficiency, integrating features like effective insulation and top-tier central heating systems. This means you spend less on energy bills while also minimizing your ecological footprint.
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