40,000 Spanish Properties To Be Legalised

News Date: miércoles, 08 de julio de 2009

40,000 Spanish Properties To Be Legalised
40,000 Spanish Properties To Be Legalised

It has been reported that some 40,000 Spanish properties are to be made legal by authorities throughout the Costa del Sol and the rest of Andalucía.

The said properties, mainly located along the more populated area of the coast, are to be approved by the town halls in Mijas and Marbella as well as the provincial government in Malaga, according to our source.

For many this will end months, even years, of uncertainty over large quantities of illegally built properties, sold by unscrupulous agents. Good news for those who bought on a buy-to-let basis.

Our source has revealed that the president of the diputacion - Salvador Pendon, has assured the public that demolitions would only take place in “certain concrete cases”.

Currently at the town hall and awaiting approval is a new and revised urban plan for Malaga. The plan, if passed, will be sure to end the torment of many and confirm the status of thousands of homes along the coast.

According to Paul Bradley from The Spanish Property Owners Guide, this would suggest that the Spanish property market will witness an increase over the coming months “as the market comes back in the UK”.

For more information on renting a property in Spain, please read TheSaraService.com's Guide to Renting a Property in Spain.

Spanish Rental and Property News by TheSaraService.com News Desk

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