SKH are often called upon to produce a feasibility study to investigate the development potential of a site or property which a client is considering purchasing, to ensure that it is suitable for the intended use, in order to minimise risk. This is in line with a ‘Due Diligence’ procedure, recommended to anybody who is going to invest a significant amount of money in a property and sometimes also a future business plan.
One side of the task is simply to ensure that the capacity of the land or building is going to meet the requirements of the brief in terms of buildable surface area. The other side is to begin to visualise the way in which the proposal might look in terms of its overall volumetrics, and the way it might sit on a site in terms of access, orientation and scale.
We know that it is vital to leave no stone unturned when it comes to carrying out this type of study. Nobody wants any surprises further down the line. A thorough process of consultation is essential with all regulatory bodies and authorities who will ultimately be responsible for granting various aspects of planning permission. The water and rivers authority, electrical grid company, environmental department, tourist department and archaeological department are all examples of the types of authorities who can have a key role in influencing the viability of a proposal. We will advise you on the overall likelihood of being granted permission so that you can plan your investments accordingly. It is also possible to give you an early indication of the necessary budget both for professional fees involved and for construction work to be undertaken. We do not tell you what you want to hear (beware of estate agents) but will give you the whole story. Clients have found our support during these stressful transactions invaluable.
If you are interested in more information or would like to talk about commissioning a feasibility study for your project in Spain, please contact us