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In accordance with the recent election results from Sunday, €36billion will be shared out amongst the respective councilors, meaning high hopes and worries for the provincial governments and their individual deficits. The regional governments have currently incurred a debt of double that in 2007 at nearly €115billion, and with the People´s Party´s manifesto, service and budget cuts may be expected.
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The Andalusian Government is working on a decree to legalize the 'consolidated' homes built on not urban land. |
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Josefina Cruz Villadón, the Minister of Public Works and Housing, has informed the Government Council of a decree her department is preparing, which is indented to regulate the situation of homes built on not urban land. After a thorough analysis of the physical and legal circumstances of each case, the new legislation will explore the possibilities for the legalization of the buildings. Cruz Villadón emphasized that the aim of this procedure is “to address the issue while respecting the law and the sustainable growth model”. Furthermore she stressed the fact that in order for this new process to work, the political commitment of the municipalities is required, in spite of the great planning effort the procedure will entail.
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How much will it cost to buy a property in Spain? |
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On average, the cost of buying a property in Spain will be in the region of 10% to 15% of the purchase price depending on the complexity of the procedure and the area of Spain in which you are buying.
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Non-Resident Home Owners in Spain and Annual Property Taxes |
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Many non-resident owners of property in Spain are under the misconception that they can forget about submitting their annual tax forms!
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Essentials of buying a property in Spain |
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