{"id":1786,"date":"2022-05-09T08:37:19","date_gmt":"2022-05-09T08:37:19","guid":{"rendered":"https:\/\/rx4-test.com\/proyectos\/dressler\/baunebenkosten-auf-mallorca\/"},"modified":"2024-03-15T10:25:47","modified_gmt":"2024-03-15T10:25:47","slug":"incidental-expenses-building-project-majorca","status":"publish","type":"post","link":"https:\/\/bauenmallorca.com\/en\/incidental-expenses-building-project-majorca\/","title":{"rendered":"Incidental expenses of a building project in Majorca"},"content":{"rendered":"\t\t
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Incidental expenses of a building project in Majorca<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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What ancillary costs are associated with building in Majorca?<\/h3>

Building a new home abroad is a challenging project. Even if you have prior expertise with building projects in your homeland, doing so in another country is sometimes problematic, if not almost impossible. In Spain, different laws apply. Regulations, procedures, and accountable authorities take a distinct approach as well. In addition, you may not have all the information you need on this complex subject.<\/p>

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Before making a well-considered decision on whether or not to build a new home abroad, it is essential to know all the financial aspects of such a project. Acquiring a parcel of land, building on it, and obtaining the appropriate permissions and legal papers are associated with numerous fees and additional expenditures. These are not always easy to calculate at first sight unless one is an expert.<\/p>

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To minimise unpleasant surprises, the following is a chronological overview of all ancillary construction expenditures that may arise over the various phases of your building project. For many of these phases, you will need the expert help of architects, lawyers, and notaries. Furthermore, we would like to point out that the procedures, costs, and timelines can vary substantially depending on the municipality in Majorca where you intend to build.<\/p>

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Building regulations and costs differ from one municipality to another and between urban and rural plots. Therefore, we will explain and present the fees using a real-world example: Calvi\u00e0. This municipality is one of the most sought-after by international developers for new construction projects.<\/p>

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How much do land development and fencing cost?<\/h3>

During your search for a building plot, and depending on which one you choose, you may need to apply for a Planning Information Certificate (in Spanish: Certificado de Aprovechamiento Urban\u00edstico). This certificate provides information on the building plot, such as the service connections for sewage\/water, electricity, etc. This certificate costs \u20ac30. If your property is not yet connected to the power and (waste) water networks, the development expenses vary greatly depending on the municipality but might reach five figures.<\/p>

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Furthermore, the land must be completely fenced. Additional expenditures of up to five digits may occur depending on the size of the building plot and the chosen fencing (stone wall, wire mesh fence, etc.). Such fencing is a prerequisite for obtaining a building permit.<\/p>

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What are the additional expenditures associated with purchasing a plot?<\/h3>

Once you have chosen a suitable building plot, you can start the purchase procedure. The following fees and taxes are payable when purchasing land:<\/p>

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Capital Transfer Tax (in Spanish: Impuesto sobre Transmisiones Patrimoniales (ITP))<\/p>

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