Why Stephen and Charlotte avoided a million dollar loss on a property investment
Stephen and Charlotte were determined to invest in a piece of land on the slopes of the Montgó in Jávea. The views were amazing and there was a clean and natural atmosphere. It was the perfect place to set up a country hotel and live here.
In addition, as they have to travel quite often to Zurich to visit their family, it is an advantage to have the best international connections from Alicante or Valencia airports.
The land they wanted to buy had a small building on it, although for what they wanted to do they would need more square meters.
They were very eager to come to the office. They told us about their project and we started working.
When we examine the documentation of the property, we draw up a private urban report and carry out the corresponding checks at the Land Registry, the Catastre and Jávea Town Hall. We ran into a surprise.
What was the surprise?
For the land was not suitable for building and neither was it suitable for the use they wanted to give the building.
They were aware of the amount of money they could have lost if they had not been properly advised before investing in this property.
The important thing is that they now enjoy their business without worrying about all the legal and fiscal formalities because they trusted our judgment.
At that time they found another piece of land that did comply with the urban planning regulations of the municipality where they wanted to build.
Our firm was involved in the whole process from examining all the legal documentation of the property, the examination of the General Urban Plan to the application for the necessary licenses to start generating money in the business they wanted to have.
To know the urban situation to develop a land with the security of the viability of the investment and not lose money, here [ Link to contact]
