In Spain, planning decisions relating to urban land are made by the local town hall. Regional government makes decisions pertaining to 'rustic' land. According to dissatisfied British investors, local mayors have been giving the nod to rustic developments; issuing building licenses without the legal authority. Huge areas have been developed illegally, and properties sold off-plan. Regional authorities are now intervening, in some cases demanding that properties – some sold, to British investors – aren’t connected to utilities, or in some cases are bulldozed.
Our publisher, on a developing crisis in Spain, in his weekly column for Citywire.
Technorati Tags: property, real estate, theRatandMouse
Name:
Email Address (this is an anti-spam measure and will not be shared or disclosed):
URL:
Comments:
