Upstairs conversion

Gary1969 wrote on Mon Sep 18, 2023 7:45am:

Hi I’m visiting Torrevieja very soon for a holiday but also looking at a potential holiday home, I’ve noticed some ‘bungalow’ type properties have had an extension upstairs to create two new bedrooms and bathroom/toilet. Can anyone advise me roughly what the building cost would be and the...

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... legal fees please. I have researched and already well informed about the 90 day rule etc etc as I follow these topics carefully so it’s just advice about any conversation please.

Thanks guys 

Sligogent wrote on Mon Sep 18, 2023 8:59am:

The Cost of a project  you  mentioned  will  all  depend  on Design  you  choose, The type of  finish  you want  on choose property.  Access  to Property  then Access  to work area. If  property  is in a Communit...

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...y  you will need permission  from  President.  Then you will  need  to get Licence  from Town Hall.  You will  need to get area to Park a skip. I  would  also recommend  you consult neighbours  if they are around  to tell them your  plans.

If  purchase  a property  you like I would  use it a few  times to get to know area.  Get to know  people  in area and hopefully  you will like area  before  you start  to spend large  amounts  of money  on a project  you intend  to use. There is very little  profit  on Property  in Spain  as Capital gains Tax  is quite  high and  no  allowance  for non Resident. 

I  would rent first in area you decided  on. I would  also follow Darro advice  purchase  one already  done up. Less stress, less Paper work. Yes buy a property  with internal work  needed  as no permission  needed  for internal  work that I am  aware  off.

Take  your time Purchase  with your  head not your  heart .As mistake  in Spain  are Costly. 

Taxes.   Building  materials  expensive.  Don't  listen  to Estate agents  telling  you a couple of hundred  here a couple  of hundred  there.

Best of luck 👍 

Sligogent wrote on Mon Sep 18, 2023 8:59am:

The Cost of a project  you  mentioned  will  all  depend  on Design  you  choose, The type of  finish  you want  on choose property.  Access  to Property  then Access  to work area. If  property  is in a Communit...

Read more...

...y  you will need permission  from  President.  Then you will  need  to get Licence  from Town Hall.  You will  need to get area to Park a skip. I  would  also recommend  you consult neighbours  if they are around  to tell them your  plans.

If  purchase  a property  you like I would  use it a few  times to get to know area.  Get to know  people  in area and hopefully  you will like area  before  you start  to spend large  amounts  of money  on a project  you intend  to use. There is very little  profit  on Property  in Spain  as Capital gains Tax  is quite  high and  no  allowance  for non Resident. 

I  would rent first in area you decided  on. I would  also follow Darro advice  purchase  one already  done up. Less stress, less Paper work. Yes buy a property  with internal work  needed  as no permission  needed  for internal  work that I am  aware  off.

Take  your time Purchase  with your  head not your  heart .As mistake  in Spain  are Costly. 

Taxes.   Building  materials  expensive.  Don't  listen  to Estate agents  telling  you a couple of hundred  here a couple  of hundred  there.

Best of luck 👍 

Gary1969 wrote on Mon Sep 18, 2023 2:00pm:

cheers Ah yes that’s a thought appreciate your advise thank you but still intrigued what sort of financial cost? 

Darro wrote on Mon Sep 18, 2023 8:03am:

TBH if that's what you want from a property you'd be best advised to buy one already done.

Such projects are fraught enough for full time residents who can stay on top of them, the thought of managing one as a temporary visitor should send a shiver down your splne - I know it does mine!

Gary1969 wrote on Mon Sep 18, 2023 3:07pm:

Hi thanks everyone for your thoughts and some advice it is appreciated but has anyone had an extension and can actually reply to my original question which is a rough idea of the cost? as this will help me do my finances etc, I am aware of the pitfalls as mentioned incidentally if I chose to have...

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... works done I would over see it myself abeit for 90 days but then my brother would ensure works are done for the next 90 days if needs be and then we’ll if the project would take more than 6 months to complete I be back again for my next 90 days, I’m not perturbed at all just needs to be thought through and planned 

Many thanks 

Gary