Buildings insurance on a complex

PeterPan wrote on Tue Oct 25, 2022 11:10pm:

The communal insurance is likely to be for the communal area only and probably won't cover your potential apartment. 

It might be worthwhile trying to get insurance on the proposed purchase. just make sure that you mention the ongoing problems. I agree with previous poster, unless they're paying you to take it off them....

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smccarron99 wrote on Tue Oct 25, 2022 3:10pm:

Hi everyone 

I’m currently in the process of purchasing an apartment on a complex in La Fuente.

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The complex is next to a ravine and there has been a landslide/land slip there twice in the past causing damage to the communal area,a claim is currently ongoing and has been ongoing for the last 5 years.(still unresolved)

I’m still prepared to buy the apartment as long as I know that I’m insured if there was to be any further damage to the complex.

I have asked for a copy of the building insurance from the management company who run the complex but they have refused saying it is a data protection issue?so I’ve asked the owner of the apartment to get it for me and they have also been refused citing the same data protection reason.

Is there anyone on here who lives on a complex who has had difficulty getting hold of a building insurance certificate?

Thanks in advance Sean.

smccarron99 wrote on Tue Oct 25, 2022 3:10pm:

Hi everyone 

I’m currently in the process of purchasing an apartment on a complex in La Fuente.

Read more...

The complex is next to a ravine and there has been a landslide/land slip there twice in the past causing damage to the communal area,a claim is currently ongoing and has been ongoing for the last 5 years.(still unresolved)

I’m still prepared to buy the apartment as long as I know that I’m insured if there was to be any further damage to the complex.

I have asked for a copy of the building insurance from the management company who run the complex but they have refused saying it is a data protection issue?so I’ve asked the owner of the apartment to get it for me and they have also been refused citing the same data protection reason.

Is there anyone on here who lives on a complex who has had difficulty getting hold of a building insurance certificate?

Thanks in advance Sean.

TP20 wrote on Wed Oct 26, 2022 12:27pm:

I think you may struggle to get insurance as there is already a known issue, or if you do get insurance it may be eye wateringly expensive again because there is a known problem & there maybe exclusions. We have had a number of minor earth quakes around here, (we live on Montegolf) not far fr...

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...om La Fuente that could affect the stability of the ground around the apartments.

smccarron99 wrote on Tue Oct 25, 2022 11:19pm:

For your reply

The only trouble is the communal area includes the pool and sunbathing area and is only metres away from the ravine,if any further slippage was to occur there is a chance that this area could be at risk.