For the purchaser, when deciding whether to invest in an ongoing property, it is vital to have an overview of its actual physical and juridical situation.
In the majority of cases, this means collecting fragmented information from various sources, elaborating a report not only on the basis of short-term expenditure, but also taking into account medium and long-term costs, plus future costs in terms of maintenance, running costs and conservation.
It is calculated that, the maintenance of an active property investment, throughout its life-cycle can run up total costs amounting to 75% of its initial purchase price.
Prior evaluation of the critical points which can increase these costs and careful planning of the management of the property can significantly reduce this sum.
At the same time, important aspects to take into consideration at the moment of purchase are the town planning situation, which can involve considerable additional costs in terms of instalment (access roads, mains drainage, street lighting, etc ).
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| Project & Facilities Management |
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Technical town planning study
- Technical evaluation of the physical structure of the property and its functional elements (foundations, borders, contentious elements, sewage connections, rainwater drainage, orientation, vegetation, etc.),
- Town-planning evaluation of the building and its surroundings. (Type of housing estate, existing services and/or programmed infrastructure changes which would suppose additional costs in the medium term, etc,),
- Calculation of the impact of sunlight, 365 days,
- The situation of the property in terms of the currently applicable town planning norms, (Plan General, Partial Plan on the norms of population density, volume, activities, etc,...),
Document review
- Complete revision of the information available from the Property Registry (cadastral information, previous owner, charges, rights of way, usufruct, legal restrictions, etc),
- Taxes and other local payment obligations,
- Transferral of existing contracts for services and mains supplies (water, electricity, refuse collection, security, telecommunications, etc.), or the drawing up of new contracts,
Functional evaluation of the materials and machinery installed
- Technical and functional review of the construction materials and methods used, (foundations, structure, roofing, sewerage, thermal and acoustic insulation, etc)
- Of the machinery, plumbing, wiring and installations (hot and cold water, electricity, household appliances, telecommunications, heating, air conditioning, etc,),
- Evaluation of the elements of closure (carpentry, glazing, waterproofing, passive security, etc,),
Environmental study
- The identification of toxic materials subject to removal (asbestos, paints, obsolete chlorination works, secptics tanks, etc.),
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