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Properties in the Axarquia

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Old 19-09-2006, 07:46 AM
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Default Properties in the Axarquia

Hi everybody.
I am new to the forum so please excuse me if my question is a bit vague, I am considering relocating to Spain in the not too distant future and have been looking at properties east of Malaga in the Axarquia area on the Internet, to be followed up by a visit.
Before venturing into a purchase of any kind I am trying to build up my knowledge of the Spanish property market and any do's & don?ts.
I have seen a Plot of Land aprox 10,000 mtr2 with a concrete Slab already laid for a Build of 130 mtr2, the advert says the local Town Hall has plans to urbanize the area where the Plot is located.
If I purchased the Plot for a future Build and returned to live in England to save more money, would it be the same as in Valencia where I could receive large Bills for any new Roads and Services etc, or possibly lose part or all of the Plot.
I will be posting more questions and hope somebody will be patient enough to help me.
Thanks.
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Old 19-09-2006, 07:50 AM
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Default Properties in the Axarquia

Hello Trent,
Who has placed the advert? Estate agent? It would be very risky to buy any plot of land that is not already classed as "urban" on the strength of what it says in an advert. You or your lawyer MUST verify 100% for yourself the claim re any plan to urbanize the area. Until then, the land is no doubt rustic and so the price should reflect this and you would not be able to build on it.
The "land grab" problem in Andalusia is not so much of one as in Valencia but cannot be ruled out until your land is reclassified, legally.
See you soon
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