SPANISH BANK GUARANTEE PETITION

Dear fellow petitioners,
You may remember that 17 months ago I submitted a petition to the Governor of the Bank of Spain with regard to the non-compliance of the various Spanish banks who were not honouring the guarantees given by them to protect deposits paid by purchasers of off-plan properties. You very kindly supported this petition and were signatories to it. The petition was briefly brushed aside by the Bank of Spain’s legal representative who in so many words suggested we deal with the matter through the courts. This in spite of the public pronouncements made by the Governor himself when explaining his powers to deal with recalcitrant banks.
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Fear over Spain’s fast-track demolition

Owners of homes which are retrospectively judged to have fallen foul of regional planning rules can now be given just one month’s notice that council bulldozers are being sent in, as part of a crackdown on excessive development in one of Spain’s most popular regions.

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When it rains, it pours

After several years of British (and to lesser degree Germans, Swedish, Irish, etc..) buyers having to deal with multiple issues including illegal builds, retro-active permits, coastal laws, etc… with little or no help from their home country MEPs, they are now receiving support from a variety of sources. Being cynical we could talk about looming elections or the fact that a lot of the hard has already been done. Either way everyone appears to be jumping on the band wagon and is condemning Spain for a range of property related issues, which should help speed up and resolve these issues. The latest is from Roger Helmer.
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British in Spain get some Government Protection

It appears that the British government is finally attempting to do something to support British citizens in Spain. As you can expect the main issue revolved around illegal/irregular properties and the need to find a ‘voter friendly’ solution.  Anyway, please find below the governmental press release.
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Foreign residents with irregular properties to march in Malaga

Foreign property owners in Spain still suffering from irregular planning issues on rustic/rural land will be holding a gathering/march in Malaga on the 17th of March to protest the ongoing issues that are plaguing their properties.
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Upward and onwards Marbella

For good news, the new PGOU Urban Plan for Marbella was approved on Friday the 29th of January 2010 by COTUA, the Andalucía Territorial Planning Commission. A vast majority of the properties that had previously been left out of the local town plan have not been fully legalised and many owners after years of stress and worry can now breath a sigh of relieve. Congratulations to the owners of the staggering 18,000 properties that have been affected by this whole mess.
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Marbella property and the new PGOU

At long last there may be light at the end of the tunnel for Marbella. The long anticipated Marbella PGOU (urban plan) might finally be approved in October. The latest version for Marbella plan, unlike previously announced by the Marbella town hall, was been approved without including illegal properties. It appears that the mayor, Ángeles Muñoz, decided on this course of action after the Junta de Andalucia confirmed that they would no accept any of the proposed modifications to include all existing illegal properties in Marbella within the new plan.
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From illegal to legal on the Costa del Sol

As many of you undoubtedly know, there are a few illegally built properties in Spain. If any of you saw that show recently “Spain, Paradise lost” you will know that some owners face demolition orders and are hoping and/or fighting that there property will be safe.

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Property demolition in Marbella

Demolition work start this week on an illegal development in the Golf Río Real area of Las Chapas, Marbella. The block in question consisted of 34 apartments built by Naviro Inmobiliaria on land designated as a green zone.

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Spanish property problem areas

With the constant stream of property related problems in the media regarding Spain, from land grab laws, illegal builds, bankrupt developers, etc… I was looking into compiling a list of areas/properties for buyers to be wary of.

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SPANISH PROPERTY SCANDAL PETITION

This month, a petition will be delivered to Number 10, requesting that Gordon Brown plays his part in helping solve some of the issues involving Spanish real estate and the UK investor.
The document asks that he lodge’s a complaint on behalf of British citizens who have become victims of Spanish property scandals and abuses. It also asks that Britain involve the EU.

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Buyers cannot be forced to complete!

After a recent comment on my article regarding Aifos bankruptcy I thought I would look into forced completions on developments. I’m sure several of the people who will read this will know what I am talking about has several developers in the past have threatened buyers with legal action or the loss of invested monies should they not complete on the required dates.

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