Buying Property Off-Plan in Spain: Legal Risks and Safeguards

Off-plan purchases require enhanced legal protection.

Practical examples:

1. Missing bank guarantees
   Buyer risks losing deposit.
2. Developer insolvency
   Construction stops indefinitely.
3. Delayed delivery
   No penalties enforced without proper clauses.
4. Changes to project plans
   Final property differs from original agreement.
5. Licence issues
   Property cannot be legally occupied.

Legal review is essential before any payment.