The Secluded Finca-For Sale In Extremadura
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Fincas in Extremadura
Extremadura Dream Property get many requests from people looking for a finca for sale in Extremadura, it says everything about the kind of lifestyle we are looking for when we leave sunny Britain. Fincas in Extremadura can be very cheap or expensive depending on a lot of different factors, there is such a huge interest in fincas in Extremadura that we have decided to have a page of information about the different types of fincas for sale and also some quotes for electricity connection to your finca in Extremadura, water supplies to your finca in Extremadura etc, we know it is best to advise our clients about the costs involved in reforming a finca in Extremadura, if you have a strict budget you cannot afford to get caught out thinking you have bought the only cheap finca in Extremadura, these are real quotes we are using for examples, Fincas in Extremadura are an excellent investment, there is a potential to make a lot of money reforming these types of fincas which are for sale but the buyer has to be aware of the costs involved, Please email us if you have any questions about fincas for sale in Extremadura.
What is a Finca? - A finca can be a house or a piece of land.
Can I build a finca on my land in Extremadura? –this depends on whether there has been a finca there before, if not you must apply for planning permission from the local Ayuntamiento (council), this is not always granted, if there is a finca you can reform it but a general rule is that the finca must be the same size as the original property, you can apply to have 2 floors on the finca but again this is not always granted.
What if my property in Extremadura is not registered? If you have bought a finca and it is not registered you must advise the Ayuntamiento and register your property with them. I would advise using a gestoria for this, the paperwork can be complicated. Most new chalet type fincas in Extremadura are registered, but some are not and the reason for this is the Spanish people’s hate of paying the government any taxes due on their home. You will incur costs for registering your property so take the advice of a lawyer before you buy.
Do I need a notaria to buy my finca in Extremadura? Yes, the notaria is there for your legal protection, use a good translator to help you at the notaria, he is required by law to ensure you understand what is being said and if you cannot speak Spanish he will be more than a little concerned and could stop the sale until he is sure you are aware of what you are buying, the notaria will ensure that taxes are paid and you will be notified when the new finca deeds are available to collect. (There is a charge for the new deeds from the Registrar office).
Connecting Fincas In Extremadura - This can be complex, in 2005 the laws changed, you have to seek permission for a finca connection, they do not have to grant this and they are insisting that alternative power must be used e.g. solar power/generator.
One example- a finca in Extremadura requiring a connection, an electrician must first ask for permission to connect, if this is granted then he will visit the property and measure the distance of connection required. E.g. 700 meters connection will cost you 15,000 euros for a subterranean cable, high tension cable will be a similar price. That does not include any rewiring in your finca. It's a scary quote but an actual one that I received.
Alternative power for your finca in Extremadura- a generator which runs on diesel will vary in cost depending on your use of power, a 3 bed roomed house will on average require a 12-15KVA generator costing approx 4100euros plus 16% IBA (tax). You also need a battery back-up system to store the power (as you don't want the generator running 24/7) you need a large enclosure for a generator and to be honest it's noisy. You will also have to purchase diesel on a regular basis which can be expensive.
Solar power in your finca Extremadura- this is the preferred method by the Local council who will also give you a 40% grant of the total cost involved. Estimates come in at 15,000euros; 6000euros of this will be refunded by the grant. Benefits are that it’s free to run and Extremadura has 300 days sunshine a year.
Water Connection for your finca in Extremadura- connection to the mains varies on where your point of access will be. In a village you would be charged a connection fee and also for any work required to connect into the street. Permission must be sought from the council, it is always granted. In Fincas you would need to consider alternative ways to get water, you may also have to install a sewage tank which has to be emptied yearly. Some fincas are connected to town water others have a well, there are many eco friendly methods but they require a lot of research and can be costly.
Can I get internet even if I do not have a telephone line near my finca in Extremadura? Yes, there is a service currently available which allows you to have internet without the need for connection to a normal line. Please email us for more details.