Land Law Valencia. reclassification of
land
|
EU is to stop the Valencian
Community in reclassifying any land before the new "LUV" law comes into
play.
After giving the Valencian community
until the end of this year to change the land law, they have further asked
that no land is to be reclassified as urban until the new and much improved
law comes into play.
The good news will be welcomed by
home owners and buyers as the new law will have to abide by European
legislation. If this is not so, the law will be put forward to the European
tribunal.
Brussels has been monitoring the
progress over the last year and with EU representatives they have attended
various technical meetings to check the validity of this new law.
Presently, the European commission
is not happy with the transition period before the (LUV) land law comes into
play and it has decided that it goes against European legislation. The EC
confirms that any proposed project must conform with the required public
conditions and be fully transparent for owners to see.
Even though this ultimatum has surprised some of the politicians, it is a
welcome break for most of the 15.000 property owners who are affected by
this barbaric law and it signals a change in the fortunes of property owners
and buyers.
Please contact us for further
information. info@villasvalencia.com
www.villasvalencia.com and our blog -
Villas
Valencia News |
