Urban law is the collection of policies, legislation, guidelines, decisions, and practices that govern the management and development of the urban environment. Legal expertise is crucial to providing proper and correct advice about any real estate investment. Familiarity is required with each municipality's General Urban Development Plan, to avoid any pitfalls or misunderstandings when looking for a new residential or investment property. The plan for Marbella, in particular, includes a special chapter for all professionals on the coast. The current plan dates back to 1986. A new plan was approved on 25 February 2010, but it was overruled by the Supreme Court in 2015. As a result, the 1986 plan was reinstated. A new plan is currently being prepared.
A report prepared by an architect is sometimes required for conducting proper due diligence on real estate or land. The report can advise a buyer on what can be built, how much it will cost, and potential timeframes. Franke & de la Fuente acts as an independent advisor for investors and buyers in all aspects of the purchase, requiring comprehensive knowledge and understanding of all relevant urban legislations and laws.
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