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Nombre
Apellidos
Email
Teléfono
Mensaje

ADDRESS

Rambla de Catalunya 52, Principal 2ª 08007 Barcelona

TELEPHONE

934 182 672

EMAIL

info@arc-homes.com

FAQ's

A new build home could be defined as a property built on a plot of land where no other constructions have been previously erected.

New build construction drawings is the general term used for the technical document prepared by an architect that serves to define the characteristics and creature comforts that a project must provide to be built with the required safety and security assurances, functionality, healthiness, comfort, and resilience. Construction drawings define the construction and architectural solutions that will ensure compliance with the requirements of building use, as well as adaptation to the regulatory urban planning criteria. Construction drawings define the construction and architectural solutions that will ensure compliance with the requirements of building use, as well as adaptation to the regulatory urban planning criteria.

This is a document prepared by ARC Homes, in its capacity as property developer, for homebuyers, which details the materials to be used in the construction of their property so as to enable homebuyers to make an informed purchase decision.

The Spanish Building Standards Law (Ley de Ordenación de la Edificación, LOE) provides for warranty periods depending on the type of defect in the property.

Warranty periods are as follows:

  • 10 years for structural defects relating to, among others, beams, pillars, slabs, foundations, and earth retaining walls.
  • 3 years for defects relating to construction elements, or facilities and systems affecting the building’s fitness for occupation
  • 1 year for defects relating to finishes

1.- Valuation:

2.- Notary’s Fees:

Both the purchase of a home and the raising of the relevant mortgage loan carry Notary’s fees, which are regulated by the state. Notaries typically offer the same fees for identical services.

3.-Property Registration:

Once the sales purchase agreement and the mortgage loan agreement have been duly notarised, they must be submitted to the Land Registry for registration. In this way, the agreement

has a binding effect vis-à-vis third parties, and the law provides a safer legal framework.

4.-Taxes:

Value Added Tax (impuesto sobre el valor añadido, IVA). VAT is 10 % on the purchase price or 4 %, in the specific case of subsidised housing properties (vivienda de protección oficial, VPO). VAT is paid by homebuyers to the seller—typically a property developer—who shall be responsible for clearing it with the Treasury (Hacienda).

Stamp Duty (impuesto sobre actos jurídicos documentados, IAJD). Stamp Duty is a tax that levies the execution of the public deeds before a Notary Public and registration with the Land Registry. Homebuyers intending to take out a mortgage loan are also subject to payment of another stamp duty.