Building Insurance

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14 Nov 2013 5:00 PM by arab1 Star rating in Naranjos V, ............ 53 forum posts Send private message

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Hi,

When buying a property, can anyone advise if building insurance is paid by Condado if no mortgage has been taken out?

Thanks

 




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14 Nov 2013 5:55 PM by Cheza Star rating. 44 forum posts Send private message

Hi

We recently purchased and were told by Milenium that buildings are covered upto about 49000euro if there is no mortgage on the property. The lady mentioned some people pay a small premium to top this up to the purchase price, however many people just accept the cover as is.

The people in the Milenium office were very helpful when I dealt with them.


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14 Nov 2013 7:05 PM by arab1 Star rating in Naranjos V, ............ 53 forum posts Send private message

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Hi Cheza, thanks for that, one less bill to pay!!




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