EEAU issues Spanish planning permission warning

Article Date : Thursday, March 15, 2007

Property investors contemplating buying a house in Spain should do their homework before committing themselves, an industry body has advised.

The European Estate Agents Union (EEAU) said that investors must make sure that their newly-acquired property has planning permission.

It warned that hundreds of properties have been built on agricultural land in Spain without the necessary license required for first occupancy, reports Easier.

"When people buy homes abroad they often think it's the same as buying property in the UK," said EEAU co-founder Andy Marchant.

"Spanish property law is complex and you need a good independent solicitor working for you."

The warning follows an investigation by the EEAU into several firms operating in the Albox region of Spain and the expulsion of a company from the organisation.

According to property advice site Amberlamb, Spain has a "good, solid, evergreen" property market due to its stable economy.

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EEAU issues Spanish planning permission warning

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