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PROPERTY SEARCH
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MARBELLA INFO
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Finding the
right plot and building your own villa in Spain seems like the
best way to obtain the villa of your dreams at the best price.
But beware life is never that simple. There are pitfalls to even
those who have experience. Not least is knowing for certain exactly
what else may be built in the neighbourhood.
Zoning and planning permissions can be interpreted differently
by local townhall administrations, and what was once low density
may one day be multi-storey or worse. To be sure, buy your plot
in a well urbanised area where you can see what's built, and where
there is no room for new development. |
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Alternatively, buy your property in Spain in one of the new golf
developments, where the open, green spaces are guaranteed. Check
the value of other properties in the area. They should be worth
more than the villa you intend to build.
Choose your architect with care. Make sure you see other houses
he has designed, and that he understands the style you desire.
Work with him on your requirements for the interior distribution
of the villa. Double check that the dimensions of the salon, master
bedroom and kitchen are to your liking. These are the most important
rooms in a house, but strangely they often turn out too small.
Know that an architect's initial, verbal estimations of cost can
be much lower (up to 25% lower) than the builders estimates.
Obtain at least three estimates from different builders, and be
sure you know exactly what is included and what is not. Any changes
you make to the design or finishes during the construction process
will be disproportionately expensive - so preferably don't make
any. Be sure you are happy with the design down to the last patio
and walk-in wardrobe, style of taps and placement of electrical
points, before you accept an estimate and sign a contract with
the builder of your choice. If you have the chance, take a good
look at something your builder is working on. See how neat and
tidy his workmen are on site. It's a great indication of efficiency,
and the ability to stick to a timescale.
The devil is in the detail, but it's more than worth the time
and effort taken to work it all out at the beginning of the process
and not just take it as it comes. |
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Still, no
matter how carefully you do the preparation and the sums, you
are likely to go at least 10% over budget in the end. Conservatively,
build a 15% contingency into the costings to cover unforeseen
building problems and inevitable last minute changes of plan.
So that lovely 4 bedroom Marbella Home, you thought you could
build for 450.000 will in fact cost 600.000. But looking on the
bright side, it's exactly the villa you always wanted and it's
probably worth 25% - 50% more than you paid for it (the price
you would have paid for the equivalent villa on the market). And
didn't you have fun! |
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