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New law will ‘clean up Spanish property industry’

14th July 2007: Costa de la Luz Property News



A new Spanish law brought into force on the 1st July has been designed to bring greater transparency to the planning system and increase confidence in the Spanish property industry.

This new Spanish law, which covers the Land Legal System, Property Valuation, and Citizens Rights and Duties, will address the issue of how to sustain and manage growth in cities and urban sprawland the protection of the environment. The new law also expressly rules on ownership rights, landowners’ obligations and the right of citizens to participate in urban planning proceedings. This new law will alleviate many concerns that people have surrounding buying a property in Spain.

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