With the current growth of the real estate market in Malaga, especially in the real estate sector, the rentalit is important to bear in mind that the Technical Inspection of Buildings (ITE) is a fundamental requirement. According to the regulation, all buildings more than 50 years old and/or those protected must pass this inspection. At 2025This particularly affects real estate built in 1975 or earlier.
The ITE is a key requirement for your property.
As we explained in our previous blog on the ITE - Technical Inspection of Buildings: prepare for 2024 The purpose of this inspection is to ensure the structural safety and the good state of conservation of the building. The non-compliance Failure to comply with these regulations can result in financial penalties and even in the loss of value of the property.
Impact on the rental and purchase market
The rise of the tourist rental and residential property in Malaga is driving landlords to take care of every detail to attract tenants or buyers. Having a ITE certificate favourable provides confidence, demonstrating that the property meets conservation and safety standards. Moreover, in many cases, tenants prioritise properties that guarantee adequate maintenance, especially if they are long-term contracts.
On the other hand, a property without an updated ITE can lead to difficulties in sale and purchase transactions. Many buyers prefer to avoid buildings without this inspection, as it can lead to renovations and problems in the future. Having the ITE in force streamlines these processes, avoids municipal sanctions and reinforces the image of the building.
Additional benefits of the ITE for homeowners
Beyond regulatory compliance, performing the ITE can help owners identify needed improvements and aspects that are highly valued in today's market.
- It identifies areas for improvement such as acoustic insulation y energy efficiency.
- Improves the general condition of the building and increases its market value.
- Ensures that the building complies with safety and conservation standards.
- Positively differentiates property in the real estate market.
- Streamlines the sale or rental process and minimises negotiations.
Prepare for the ITE in 2025: Optimise your building
In a booming property market As in Malaga, the ITE is an essential tool to guarantee security, improve rental profitability and speed up purchase and sale operations. Optimising the state of the property is an investment secure in such a competitive market.
Do you need help to manage the ITE of your building? At PBM Engineering we take care of the whole process, ensuring that your property complies with all the regulations.Call us at no strings attached and prepare for 2025 without worries!
Find out about our skills in Engineer Malaga - Miguel Pulido Bendavid - Chartered Engineer
