Costa del Sol Property Blog

I have just read an article on spanishpropertyinsight talking about how Town halls have come up a with a controversial but apparently legal way to raise money; by forcing banks to develop land acquired in debt-for-property swaps and charging them for the privilege.

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Political battle lines are being drawn in Mijas over the 700 properties in the Calahonda Royale development. Home owners in the urbanisation, which is located near the Mijas Costa/Marbella border, just north of the N340, have been waiting for over a decade to be granted the first occupancy licence, ‘licencia de primera ocupacíon.’
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