Do you want to save yourself problems in real estate project management in the Balearic Islands? Then you need the best legal support. If you are thinking of undertaking one, consult our project management services in Mallorca. They will allow you to enjoy the services of a proven professional with whom to execute it correctly and avoid incidents.
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How to solve the most common problems in the management of real estate projects
Undertaking and carrying out the management of real estate projects in Ibiza, as well as in the rest of the Balearic Islands, is not an easy task. In fact, the easiest part is usually the purchase of the plot of land, the house or the building . Then it is time to process the relevant licences with the local town hall and the various state and regional bodies. In this process, any mistake will lead to a significant delay in the construction work.
Problems with the payment of taxes Project management
On the other hand, involves a number of tax and registration obligations. Failure to meet tax obligations due to error or ignorance can also lead to many problems. We are talking, for example, about the payment of transfer tax (ITP) or municipal capital gains tax. The same applies when negotiating financing lines with the corresponding banks. A slight increase in interest rates is likely to make the investment unprofitable.
Hiring qualified personnel
When all this is taken care of, you will need need to hire the engineers, architects and builders who will carry out the works. You will also need to coordinate and supervise the work of these professionals, because if not done correctly, this can lead to cost overruns.
However, once this phase of the project is over, you will have to choose the real estate agencies and developers who will sell the property or properties. In this sense, select those that offer you the best services at the best price.
Handing over documentation
Finally, if everything has gone well up to this stage, you will have to present the documentation that certifies that you comply with current legislation present the documentation that certifies that you comply with current legislation. We are talking about the certificates of habitability, the deeds of horizontal division or the building book, among other requirements, documents that, without proper legal assistance, are practically impossible to obtain.
The solution? Hiring a real estate project management service in the Balearic Islands. This way, you won’t have to worry about anything and you can focus on what really matters: offering the highest quality to your clients and ensuring the economic wellbeing of your investment.
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Solutions and services in project management in Mallorca
Mainly, these are the services that a project management in Ibiza or Mallorca is able to offer you:
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Advice
No matter what doubts you may have. At any time, you can call on their services to obtain personalised legal advice. Specifically, we are specialised in town planning, registry, administrative and fiscal law.
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Processing of licences, certificates and other necessary documents
This covers everything from the purchase of the plot or building to the handover of the keys. For example: the necessary formalities at local level to start the building work, the payment of taxes and the delivery in the registry of the documents that will allow the constitution of a community of owners.
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Management of the works
This is probably the most complex phase, the most time-consuming and subject to the greatest number of problems. However, a real estate Project Management company in Ibiza or Mallorca will take care of the contracting and supervision of all the necessary professionals.
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Sales
The choice of developers and real estate agents depends mainly on the type of property to be sold. An expert in real estate project management in Mallorca and Ibiza will take care of this task. In this way, you will enjoy the maximum possible profits in a very short time.
Project Management in Mallorca
At Bufete Frau we offer you the best Project Management service in Mallorca, Ibiza and the Balearic Islands as a whole. We have more than 25 years of experience helping our clients to invest in the real estate sector in the most efficient way possible. If you want to get the most out of your money and not worry about the administrative, fiscal and operational management of the project, don’t hesitate any longer and contact us. We will carefully study your case and provide you with the personalised legal advice you need.