If you are thinking of buying a plot of land in Spain to build your dream home, it is important that you understand the different terms and conditions associated with each one. In this post, we’ll explain the differences between building plots, building land, plots of land and fincas, and tell you what you need to know before you make your purchase. Read on to get all the information you need to make an informed decision. But first of all…
What is a building plot?
A building plot is any plot of land that the local authorities have classified for building. This means that, in theory, you should be able to build on this land without any problems. However, it is always advisable to check with the local planning office before buying, just to be sure.
In some cases, there may be restrictions on the type of building that can be built on a particular plot, so it is always best to check beforehand.
Types of building land
- Building land: as we have just seen, this is land that has been designated by the authorities for construction and must therefore be suitable for the construction of a house or other type of building.
- Plots: these are smaller plots of land, usually between 500 and 1000 square metres, which are also designated for construction.
- Lots: these are usually larger plots of land, often used for commercial or industrial development.
- Fincas: these are agricultural properties, which may or may not be suitable for construction. If you are thinking of buying a finca to build on, it is important to check first with the local authorities to see if it is possible.
Therefore, there are several types of building land, each with its own characteristics and restrictions. To choose the right one for you, it is important to have a clear idea of what you want to use the land for and to consult with the local authorities before making the purchase.
What kind of restrictions on the land may there be?
Restrictions may vary depending on the type of land. For example, building land must be suitable for construction, while plots and lots may have restrictions on the type or size of building that can be constructed. It is always best to check with local authorities before buying to ensure that there are no problems.
Farms, on the other hand, may be subject to agricultural restrictions, which means that it may not be possible to build on them. Again, it is important to check with the authorities before buying to see if this is the case.
What do I need to know before buying land in Spain?
Before buying land in Spain, there are a few things you need to know. Firstly, it is important to have a clear idea of what you want to use the land for. This will help you choose the most suitable type of land. Secondly, check with the local authorities to see if there are any restrictions on the land. And finally, it is always best to get expert advice before making any purchase.
In summary, buying land in Spain can be a great investment, but it is important to understand the different terms and conditions associated with each one.
Is there financial assistance available in Spain for buying a plot of land?
Yes, there is financial assistance available in Spain for the purchase of land. One of the best known is the General Plan for Housing and Land (PGOU), which offers subsidies to those who want to buy land to build their own home.
Other subsidies are the Plan Avanza of the Community of Madrid, which offers subsidies to those who want to buy a plot of land to build a detached house, and the Special Housing Plan of the Barcelona City Council, which offers subsidies to those who want to buy a plot of land to build their own house.
What are the benefits of buying a building plot compared to one that has already been built on?
Buying a building plot has several benefits. Firstly, it is usually cheaper than buying an existing home. Secondly, it gives you the freedom to design and build your own home exactly how you want it. And thirdly, you can take advantage of the financial assistance available for the purchase of a building plot.
SirMansions: Plots for sale in Spain
Buying a building plot can be a great investment, however, there are a number of factors to consider before making your decision. If you are thinking of buying a building plot to build your own home,
Contact us today and we will help you find the building plot that best suits your needs.
Sir Mansions, Luxury real estate in Spain.