Friday, 15th December 2017
COVER FEATURE | LAND & PROPERTY Article
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This Month's Magazine
There is profit in wise building and construction.

There is profit in wise building and construction.

Prices are going up!. Now is the time to invest!

Many years ago, when I first moved to Spain, an old Spanish man explained that the property market is the Costa’s financial thermometer. Truer words were never spoken: once the property market collapsed everything else went with it.

Now at last the market is picking up again and, as the stocks diminish, the prices are rising in tempo and new building activity started afresh. Judging by the popularity of Spain as a place to live or spend your holidays and the gradually reducing availability of ideal building land, it should not take long before prices recover the lost ground.

Finding a house that matches your dream exactly can be difficult and you may wish to build your own, alternatively you may want to take the opportunity of a rising market in order to invest in your own building project, be it a block of apartments, an urbanisation with individual houses or indeed commercial properties.

Building and developing your own project can be much more profitable but beware, Spanish building regulations work different than in most other countries and the journey from start to finish is fraught with pitfalls resulting in your profit dreams becoming your worst nightmares instead.

There is no margin for errors these days; even the Spanish developers now rely almost entirely on Project Management firms; very specialized technicians, usually technical architects and building engineers to create, plan and control edification from start to completion within a specified time scale, subject to penalties. Timing and budgets are the crucial contributors to a loss or a profit.

This article is dedicated to MATECNO S.L. a building management firm established for over 25 years and headed by Mr. Vicente Boscá, a serious architectural technician and a building engineer, extremely well known be all the developers in the area. MATECNO S.L. and its team are a firm that can be recommended and trusted for its integrity and high reputation.

The first part of the job that MATECNO S.L. and the team undertake is to investigate the feasibility of each project, there is little point is flogging a dead horse. In the course of this process they will assimilate every bit of information possible in order to present the promoter with two or three highly detailed budgets showing the difference in costs dictated by the different uses of materials, qualities, builders and timing to completion. Naturally they will select the best available prices in balance with the best quality of materials and service, showing the advantages and disadvantages of one against the other.

Every single possible aspect of the building procedures is covered and detailed starting from acquiring the building permissions, building compliance to the final stage: urban information, architectural feasibility, acquisition of building licences, choice of builders, economy controls, materials quality, development planning, banking costs, notary’s costs, local taxes, to name some, nothing is overlooked.

Once the plan and budget are selected, then of course every single aspect shown on the plan is launched and is followed step by step to completion on a daily basis. The developer is then provided with regular monthly audit reports showing the detailed progress in every single aspect compared to the original budget, just as you would expect to see in a set of audited company’s accounts.

Vicente Boscá believes in making absolutely certain that any deviation from the forecast is an improvement and not a step back whilst maintaining the highest standard of quality desired.

 


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Of course contingents have to be built in every budget and forecast, however if controls are carried out on a daily basis it is also possible to improve on the building time which represents an enormous saving in costs. MATECNO’s last project was planned for completion in 17 months yet it was achieved 2 months earlier, and it was accomplished to the budgeted forecast to its fullest extent.

Having learned so many lessons in the past, it is hoped that developers in general have become wiser and more professional in the way they do things.

The first part of the job that MATECNO S.L. and the team undertake is to investigate the feasibility of each project, there is little point is flogging a dead horse. In the course of this process they will assimilate every bit of information possible in order to present the promoter with two or three highly detailed budgets showing the difference in costs dictated by the different uses of materials, qualities, builders and timing to completion. Naturally they will select the best available prices in balance with the best quality of materials and service, showing the advantages and disadvantages of one against the other. 

Every single possible aspect of the building procedures is covered and detailed starting from acquiring the building permissions, building compliance to the final stage: urban information, architectural feasibility, acquisition of building licences, choice of builders, economy controls, materials quality, development planning, banking costs, notary’s costs, local taxes, to name some, nothing is overlooked.

Once the plan and budget are selected, then of course every single aspect shown on the plan is launched and is followed step by step to completion on a daily basis. The developer is then provided with regular monthly audit reports showing the detailed progress in every single aspect compared to the original budget, just as you would expect to see in a set of audited company’s accounts.

Vicente Boscá believes in making absolutely certain that any deviation from the forecast is an improvement and not a step back whilst maintaining the highest standard of quality desired.

Of course contingents have to be built in every budget and forecast, however if controls are carried out on a daily basis it is also possible to improve on the building time which represents an enormous saving in costs. MATECNO’s last project was planned for completion in 17 months yet it was achieved 2 months earlier, and it also accomplished the budgeted forecast to its fullest extent.

 Having learned so many lessons in the past, it is hoped that developers in general have become wiser and more professional in the way they do things.



MATECNO S.L.
Building & Construction Management, Avenida Manilva, 1 -1ºG, 29692
+34 679 173 916
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MATECNO S.L.

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