What steps need to be taken to purchase a piece of land?

Often, buy a piece of land It is a dream shared by many people. The reasons range from wanting to build a home tailored to their preferences to using it as a way to save money for future construction.

The truth is that, while it’s an excellent idea and plan, buying a plot of land requires careful consideration. If you want to avoid problems, keep reading. We’ll tell you how buy a piece of land, have everything in order and be able to enjoy it.

Buying Land: Necessary Procedures

For buy a piece of land To do this correctly, you must first complete a few preliminary steps. These are important to verify that the parcel is indeed what its documentation indicates and that there is no falsified information. They are as follows:

Request a property abstract from the Land Registry

This type of document verifies who the true owner of the parcel is. The person selling it must be the same person listed as the owner of the land in this document. It will also let you know if there are any outstanding debts on the property. This document is requested at the Alicante Land Registry.

Request a “cadastral record” at the Cadastral Office or on its website:

There are two types of this certificate. One of them provides information about the property related to economic, legal, and physical aspects (descriptive and graphical certificates). The second type of document (certified true copy) contains information such as ownership, location, area, and cadastral reference, among other details.

It is important to ensure that the information contained in both the property abstract and the cadastral record matches what is stated in the deed. In addition, it is necessary to compare the two documents to verify that the information described in them also matches.

Check the taxes when buying your land

Once the aforementioned documents have been reviewed and compared with the information in the deed, it is time to address other matters. Municipal taxes are one of them.

It is important to verify whether the most recent property tax bill has been paid. If you do not have it on hand, you can contact the local city hall to confirm that you have no outstanding balance.

You should also pay attention to taxes that you will have to pay when you make the purchase. VAT and property transfer tax (ITP) are just a few examples. This will let you know exactly how much you’ll have to pay when you finalize the deed.

Remember that you'll also need to cover notary and administrative fees. Both fees are set by the government and are intended to verify that a sale has taken place between two parties and that it is legal.

Other legal issues

Not only must all tax obligations be up to date to avoid problems when purchasing the land of your dreams, but you must also be certain, from a legal standpoint, that everything is in order.

You should request the deed right away and obtain the seller’s contact information. This way, you can verify that all of their documentation is in order.

You should also check the following:

Whether the floor is suitable for the construction work you have in mind.
Whether the plans match the description of the property in the deed.
Whether the land is classified as “urban,” “developable,” or “non-developable.” This is determined by the land-use classification assigned to the parcel.
Whether the subsoil of the lot is suitable for construction. You can verify this through a geotechnical study.

Don't forget to consult with an architectural professional to ensure that the land is suitable for construction from both a legal and a zoning perspective.

Once you've completed the steps we've outlined here, you'll be ready to buy a piece of land legally and without any problems.