Costa del Sol's Property Specialists

Surveys

Surveys Reports and Chartered Building Surveyors

With the amount of property for sale on the Costa del Sol, it is easy to make mistakes on what you choose to buy as your real estate investment.

Survey ReportsWe offer peace of mind that is honest, upfront and of our best professional opinion. In Europe it is accepted practice that before you buy a new property, you seek professional advice. However, in Spain this has not been the case and this is where we can help you because we believe that the Costa del Sol is the place where you are in even more need of advice. According to recent studies, only 6-8% of foreign buyers instruct for a professional Survey of the property they wish to buy. What is a Chartered Building Surveyor?

If any defects are found, the buyer can negotiate with the seller to have them repaired prior to sale or to have the price reduced to cover the costs. In extreme cases, you might find that there is too much to be done and it would be better to look at another property that will allow you to live the Costa del Sol ''dream life.'' Here are a few reasons why you should have a Survey. Read more on Different Construction Methods.

The Survey Report and P.S.I is not only there to assist you in making reasoned and informed decisions on whether or not to purchase the property, but also can be used as a negotiation tool. It is important to remember that we are instructed by you and work only for you. We have no conflicting loyalty to developers, contractors, owners, estate agents, lawyers or town halls.

What we will do is meet you at the property that you are viewing and walk around it with yourself, no time limit, explaining what we think, be it both positive and negative. If you are not able to be there, we will again go around the property, no time limit, and conclude what we have found into a document together with photographs.

If you are viewing or about to view a new property and want someone on your side and not sure if there any major structural problems or you just want that second opinion, why don't you give us a call and let us help you to make the right decision.

Our advice to you is, rather find out any problems/defects now, before they cost you in the long term. Our fee for this service starts from 600€ + IVA (21%).

What Are the Different Types of Survey Reports?

Valuation Surveys and Property Valuation Reports

This type of report covers only basic factors, such as the property’s location, age, type and general state of repair. However, it is important to remember that this report doesn’t guarantee that the property is structurally sound and that there are no serious defects. However, only major defects that will effect the value of the property will be noted.

Property Valuation ReportsA Valuation Report gives a true opinion of the market value in Euros at the date of Inspection, without just applying the average rate per sq m formula. When producing a Valuation Report, we take into account the following:

  • The asking prices of similar properties in the same location.
  • The strength of the property market.
  • Any special features of the property.
  • Condition of the property and of the comparables.

Unless stated otherwise, all our market values will be calculated subject to the following definition - "The estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm's-length transaction after proper marketing".

After our investigations at the property, we then provide a written report in English, together with digital photographs showing any defects that we might find. If it is necessary we can arrange for a more in-depth investigation thereafter, depending on what we find and what your wishes are.

Building Surveys

This service provides you with the full picture with regards to the construction and condition of any property you choose to have this service. Our Survey includes full technical detail along with the whole range defects, either minor or major that might have arisen.

Such types of Surveys are normally used when the property has been extensively altered, is unusually constructed, dilapidated or has major renovations planned. Our fee for this service starts from 600€ + IVA (21%).

Staged Progress Surveys

Chartered Building SurveyorsIf you are building your new dream home on the Costa del Sol and you want it to be of the best quality and workmanship, why don't you let us take that stress away from you, as our progress Surveys monitor the building process. We perform periodic inspections on your behalf, informing you of the progress and the quality that is being achieved. Our fee for this service starts from 600€ + IVA (21%).

Which Surveys Is For You?

In the UK there was an article written giving a clear understanding of what the difference is between certain Surveys and what should be included in them, plus the practical limitations of Survey Reports. Read more on Understanding Surveys.

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