Quote:
Originally Posted by GranCanaria
Hello, yes it is true that adjoining owners of rustic land (smaller than 1 hectar) have a first right to purchase an adjoining plot, and they may execute this right after the transaction is made, within 9 days after it's entry into the Land Registry. For this, they have to refund to the buyer (you) the declared price and the legal expenses he has assumed. Therefore, if you buy this land, it would be absolutely necessary that the total price is officially declared.
It seems however according to case law, that this first right to purchase is only valid if the use of the land is going to be its agricultural cultivation.
|
Hi there,
Thanks very much to both of you for replying. It has been known that the land is for sale for about a year and a half now and the neighbours have not approached the owner. They might think it too expensive.
That's very interesting about the importance of the use of the land - it definitely isn't for agricultural cultivation - just some fruit trees and some vegetable for home use - there is a cave house on it and that is the main thing of interest to us.
Would you know of any site where I can read more about this type of law - I'm fluent in Spanish so don't mind if it is in either English or Spanish.
Thanks again.
regards,
Liz