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-   -   Anyone bought offplan (https://britishexpats.com/forum/spain-75/anyone-bought-offplan-434825/)

SmartiesUK Mar 14th 2007 11:56 pm

Anyone bought offplan
 
Has anyone on here bought an offplan property, moved in and are very happy with their purchase and way of life. I am getting a bit fed up reading about all the negatives in doing it this way and would like some "feel good" stories for a change.

So anyone bought an off plan property and can say best thing they ever did let me know cheers ;)

keithwalters Mar 15th 2007 12:23 am

Re: Anyone bought offplan
 

Originally Posted by SmartiesUK (Post 4521222)
Has anyone on here bought an offplan property, moved in and are very happy with their purchase and way of life. I am getting a bit fed up reading about all the negatives in doing it this way and would like some "feel good" stories for a change.

So anyone bought an off plan property and can say best thing they ever did let me know cheers ;)

Yep. Done it twice. Live in one of the off-plans, the other was more of an investment.

Now going through the process of trying to buy a resale house and it is HELL.

jandy44 Mar 15th 2007 12:51 am

Re: Anyone bought offplan
 

Originally Posted by keithwalters (Post 4521293)
Yep. Done it twice. Live in one of the off-plans, the other was more of an investment.

Now going through the process of trying to buy a resale house and it is HELL.

Sounds a bit rough,We are hping to buy resale,what problems are you having ?:eek: Good Luck

keithwalters Mar 15th 2007 12:54 am

Re: Anyone bought offplan
 

Originally Posted by jandy44 (Post 4521408)
Sounds a bit rough,We are hping to buy resale,what problems are you having ?:eek: Good Luck

Just the usual - seller won´t drop the price AT ALL, wants black money from us but we don´t want to pay. Where we are the BUYER has to pay the estate agents commission as well as the seller. So an extra cost to factor in to the buying process. The estate agent doesn´t return our calls and it seems she couldn´t care less whether she makes the sale or not. Ho hum.

People may moan about the off-plan purchases, but in my experience it was a hell of a lot easier.

Lionda Mar 15th 2007 1:06 am

Re: Anyone bought offplan
 

Originally Posted by SmartiesUK (Post 4521222)
Has anyone on here bought an offplan property, moved in and are very happy with their purchase and way of life. I am getting a bit fed up reading about all the negatives in doing it this way and would like some "feel good" stories for a change.

So anyone bought an off plan property and can say best thing they ever did let me know cheers ;)

Another good thread Smarties :thumbup: I will be reading the replies with interest :)

SmartiesUK Mar 15th 2007 1:11 am

Re: Anyone bought offplan
 

Originally Posted by Lionda (Post 4521468)
Another good thread Smarties :thumbup: I will be reading the replies with interest :)

Hmmm, lets hope people stay on topic for this one tends to go off in a tangent I have noticed here :) I really want to hear some good news re this buying off plan :thumbup:

derbyflan Mar 15th 2007 4:40 am

Re: Anyone bought offplan
 

Originally Posted by SmartiesUK (Post 4521485)
Hmmm, lets hope people stay on topic for this one tends to go off in a tangent ..:

Hey you must have been dead chuffed with Liverpool knocking Barcelona out of the Champions League? Who's your favourite Barcelona player? Mine's that fella who looks like Plug out of the Bash Street Kids.:rofl: :rofl: ;)

SmartiesUK Mar 15th 2007 6:53 am

Re: Anyone bought offplan
 

Originally Posted by derbyflan (Post 4522018)
Hey you must have been dead chuffed with Liverpool knocking Barcelona out of the Champions League? Who's your favourite Barcelona player? Mine's that fella who looks like Plug out of the Bash Street Kids.:rofl: :rofl: ;)

:blink:

Mitzyboy Mar 15th 2007 7:05 am

Re: Anyone bought offplan
 

Originally Posted by derbyflan (Post 4522018)
Hey you must have been dead chuffed with Liverpool knocking Barcelona out of the Champions League? Who's your favourite Barcelona player? Mine's that fella who looks like Plug out of the Bash Street Kids.:rofl: :rofl: ;)

:lol:

I bought off plan and I'm happy ..... Does that make me strange?

derek500 Mar 15th 2007 7:22 am

Re: Anyone bought offplan
 
I bought an apartment off plan in 2004, sold it on completion in 2006. No problems at all.

Mitzyboy Mar 15th 2007 7:26 am

Re: Anyone bought offplan
 

Originally Posted by derek500 (Post 4522570)
I bought an apartment off plan in 2004, sold it on completion in 2006. No problems at all.

When are you calling me for golf :)
Ooops theres me going off topic again :huh:

derbyflan Mar 15th 2007 8:00 am

Re: Anyone bought offplan
 

Originally Posted by SmartiesUK (Post 4522473)
:blink:

Sorry mate, that was me trying to worry you that this thread was in danger of going off-topic again;)

Carry on...

derek500 Mar 15th 2007 8:06 am

Re: Anyone bought offplan
 

Originally Posted by Mitzyboy (Post 4522579)
When are you calling me for golf :)
Ooops theres me going off topic again :huh:

I'll PM you.

SmartiesUK Mar 15th 2007 9:31 pm

Re: Anyone bought offplan
 

Originally Posted by derek500 (Post 4522705)
I'll PM you.

Lets forget this thread it was crap anyway, Ive got three clown loaches in my fish tank has anyone here got more than that :D

SmartiesUK Mar 15th 2007 9:43 pm

Re: Anyone bought offplan
 

Originally Posted by Mitzyboy (Post 4522517)
:lol:

I bought off plan and I'm happy ..... Does that make me strange?

Wierdo :D

sunnysenorita Mar 16th 2007 1:44 am

Re: Anyone bought offplan
 

Originally Posted by keithwalters (Post 4521424)
Just the usual - seller won´t drop the price AT ALL, wants black money from us but we don´t want to pay. Where we are the BUYER has to pay the estate agents commission as well as the seller. So an extra cost to factor in to the buying process. The estate agent doesn´t return our calls and it seems she couldn´t care less whether she makes the sale or not. Ho hum.

People may moan about the off-plan purchases, but in my experience it was a hell of a lot easier.

Normally the seller pays the commission to the estate agent for his involvement in the sale. This commission is normally built into the selling price. The buyer does not pay commission to anyone.:(

scampicat Mar 16th 2007 2:49 am

Re: Anyone bought offplan
 

Originally Posted by sunnysenorita (Post 4525341)
Normally the seller pays the commission to the estate agent for his involvement in the sale. This commission is normally built into the selling price. The buyer does not pay commission to anyone.:(

Bought resale in 2004 - from initial viewing to completion in four days. No problema whatsoever. However, Spanish vendor would not drop price - also expected black money.

Lionda Mar 16th 2007 5:40 am

Re: Anyone bought offplan
 

Originally Posted by scampicat (Post 4525542)
Bought resale in 2004 - from initial viewing to completion in four days. No problema whatsoever. However, Spanish vendor would not drop price - also expected black money.

Viewing to completion in four days Wow :blink: We are buying off-plan and from viewing to completion - three years :rofl: (and still not completed)

jandy44 Mar 16th 2007 5:59 am

Re: Anyone bought offplan
 

Originally Posted by scampicat (Post 4525542)
Bought resale in 2004 - from initial viewing to completion in four days. No problema whatsoever. However, Spanish vendor would not drop price - also expected black money.

Hi did you end up paying the black money ?

Big Pete Mar 16th 2007 10:04 am

Re: Anyone bought offplan
 

Originally Posted by Lionda (Post 4525986)
Viewing to completion in four days Wow :blink: We are buying off-plan and from viewing to completion - three years :rofl: (and still not completed)

3 years ?? You serious :confused:

Gill Stevens Mar 16th 2007 10:47 am

Re: Anyone bought offplan
 
We bought offplan from a well respected builder. Property was ready early. We had a few snagging jobs which they did. We had a few niggles with them regarding a couple of things but on the whole they have been quite good and probably the best we are going to get over there.

They provided me with a copy of the building licence fairly early on after I requested it plus a copy of the land registry entry to prove they owned the land debt-free and also provided us with pictures every few months of progress on their website.

Lionda Mar 16th 2007 12:25 pm

Re: Anyone bought offplan
 

Originally Posted by Big Pete (Post 4526725)
3 years ?? You serious :confused:

Yes, 'fraid so :( Viewed the development in May 2004 and picked a plot. The property should have been ready in September 2005, we were happy with that. Went out to view the property in September to find that the foundations hadn't even been dug! After talks with our agents and the builder we decided to switch to another property on the development which was already built - well the shell was built but at least it was further on than the other one. Promised it would be ready for the following year, completion date October 2006. We are still waiting for completion! :frown:

Big Pete Mar 16th 2007 1:14 pm

Re: Anyone bought offplan
 

Originally Posted by Lionda (Post 4527173)
Yes, 'fraid so :( Viewed the development in May 2004 and picked a plot. The property should have been ready in September 2005, we were happy with that. Went out to view the property in September to find that the foundations hadn't even been dug! After talks with our agents and the builder we decided to switch to another property on the development which was already built - well the shell was built but at least it was further on than the other one. Promised it would be ready for the following year, completion date October 2006. We are still waiting for completion! :frown:

Flippin heck i would of gone mad at them .. Still worth waitting for in the end ;)

scampicat Mar 16th 2007 2:43 pm

Re: Anyone bought offplan
 

Originally Posted by jandy44 (Post 4526032)
Hi did you end up paying the black money ?

Put it this way: 'I do not know anyone who has bought wirh black money and would not say so if I did' :;)

scampicat Mar 16th 2007 2:55 pm

Re: Anyone bought offplan
 
[QUOTE=keithwalters;4521424]Just the usual - seller won´t drop the price AT ALL, wants black money from us but we don´t want to pay.
QUOTE]

In some areas, you will not be able to buy at all unless you pay the black money.

Lionda Mar 16th 2007 9:02 pm

Re: Anyone bought offplan
 
1 Attachment(s)

Originally Posted by Big Pete (Post 4527272)
Flippin heck i would of gone mad at them .. Still worth waitting for in the end ;)

We've been talking about this yesterday again and decided that it will be worth waiting for - we just wish the waiting was over. As you can see from the picture, it's all but ready to move into!

derbyflan Mar 16th 2007 10:03 pm

Re: Anyone bought offplan
 
That's a really nice looking house Lionda. But surely there was a clause in the initial contract stating that the Developer would be penalised if they were late with delivery - as you would've no doubt been penalised for late payments?

jandy44 Mar 16th 2007 10:11 pm

Re: Anyone bought offplan
 

Originally Posted by Lionda (Post 4527888)
We've been talking about this yesterday again and decided that it will be worth waiting for - we just wish the waiting was over. As you can see from the picture, it's all but ready to move into!

Oh it looks really nice,I bet you cant wait after all the problems you have had,I would be really excited at the prospect of moving in now.Are you moving over permanatley ?:D :D keep smiling it wont be long now

keithwalters Mar 16th 2007 10:16 pm

Re: Anyone bought offplan
 
[QUOTE=scampicat;4527458]

Originally Posted by keithwalters (Post 4521424)
Just the usual - seller won´t drop the price AT ALL, wants black money from us but we don´t want to pay.
QUOTE]

In some areas, you will not be able to buy at all unless you pay the black money.


Yeah, we realise that. Not happy about it but what can you do? I´m not sure what narks me more - having to pay black money or having to pay the estate agents fees as a BUYER! Unfortunately that is how all the agents work here so there is no avoiding it. Most charge 2.5% each to the buyer and seller, but we have found one that charges 1.5% each.

derbyflan Mar 16th 2007 10:21 pm

Re: Anyone bought offplan
 
Could you expect to be asked to pay black money if you were buying off-plan or is this normally only ever on re-sale properties?

keithwalters Mar 16th 2007 10:36 pm

Re: Anyone bought offplan
 

Originally Posted by derbyflan (Post 4528016)
Could you expect to be asked to pay black money if you were buying off-plan or is this normally only ever on re-sale properties?

If you buy from a developer you shouldn´t be asked for black money. However, I have heard of one or two cases where it has happened. Perhaps it was a small developer in those cases.

Lionda Mar 16th 2007 11:47 pm

Re: Anyone bought offplan
 

Originally Posted by derbyflan (Post 4527988)
That's a really nice looking house Lionda. But surely there was a clause in the initial contract stating that the Developer would be penalised if they were late with delivery - as you would've no doubt been penalised for late payments?


Yes there was a clause in the initial contract - and that went over the 6 month leeway which is incorporated into the contract. However, as we switched to another property a new contract was written and that one is now 5 months over. The 6 month leeway is up to the end of April.

derbyflan Mar 17th 2007 2:18 am

Re: Anyone bought offplan
 
Ah! That makes sense now. Make sure you get what's yours if they run past April then;) I can't remember when it was you said you were planning on taking delivery?

Big Pete Mar 17th 2007 3:23 am

Re: Anyone bought offplan
 

Originally Posted by Lionda (Post 4527888)
We've been talking about this yesterday again and decided that it will be worth waiting for - we just wish the waiting was over. As you can see from the picture, it's all but ready to move into!

:thumbup: Lovely place Lionda ..

MnM Mar 17th 2007 3:29 am

Re: Anyone bought offplan
 

Originally Posted by Lionda (Post 4527888)
We've been talking about this yesterday again and decided that it will be worth waiting for - we just wish the waiting was over. As you can see from the picture, it's all but ready to move into!

Looks like a lovely house, Lionda!

Hang in there, it will be worth the wait! ;)

SmartiesUK Mar 17th 2007 5:23 am

Re: Anyone bought offplan
 

Originally Posted by Lionda (Post 4527888)
We've been talking about this yesterday again and decided that it will be worth waiting for - we just wish the waiting was over. As you can see from the picture, it's all but ready to move into!

Wow thats some villa there Lionda. Not long now for you hopefully :thumbsup:

Lionda Mar 17th 2007 5:29 am

Re: Anyone bought offplan
 

Originally Posted by SmartiesUK (Post 4528734)
Wow thats some villa there Lionda. Not long now for you hopefully :thumbsup:


Hope you don't think the villa on the left of the picture is part of it :D That's the one next door, ours is on one floor and we weren't told the one next door would have an extra room up top :sneaky:

SmartiesUK Mar 17th 2007 5:59 am

Re: Anyone bought offplan
 

Originally Posted by Lionda (Post 4528745)
Hope you don't think the villa on the left of the picture is part of it :D That's the one next door, ours is on one floor and we weren't told the one next door would have an extra room up top :sneaky:

No I thought it was the one you are saying. How many bedrooms 3?

Lionda Mar 17th 2007 6:10 am

Re: Anyone bought offplan
 

Originally Posted by SmartiesUK (Post 4528787)
No I thought it was the one you are saying. How many bedrooms 3?

Three bedrooms, two bathrooms (one en-suite) reception and separate kitchen. We opted not to have a garage as they wanted too much for that so there is a large underbuild which has been blocked off.

Mitzyboy Mar 17th 2007 6:48 am

Re: Anyone bought offplan
 

Originally Posted by keithwalters (Post 4528038)
If you buy from a developer you shouldn´t be asked for black money. However, I have heard of one or two cases where it has happened. Perhaps it was a small developer in those cases.

It does happen, I know of people who have


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