I am looking at a property which was built about 4 years ago on rustic land.
At that time the minimum sized plot to build a house was 7000m2 and for that you could build at a rate of .15% giving a maximum size of house of about 100m2.
The house was overbuilt to about 150m2. The escritura shows only the 100m2.
Everything else is legal – it is registered and has an LFO, power and water etc. It is on the catastral as 100m2 and IBI is paid. I believe that a small mortgage was granted without a problem.
Should I buy it “as seen” or insist on it being regularised.
If I want to have it regularised will that be possible as its area exceeds what would have been possible in the first place.