We read today that the Spanish government have placed up to 500000 home owners under threat of demolition for being constructed within 100M of the shoreline - regardless of whether they were constructed before the enacting of Ley de Costas 1988. Retrospective laws are always disturbing.
It appears that more than 500000 owners who reside along the coasts of Spain will be affected. About 20% of these are foreigners including many thousands of Brittish.
It highlights once again the absolute necessity of having proper professional advice before purchasing. Caveat emptor. Let the buyer beware. Astonishingly, most people retain an estate agent when selling but rarely when purchasing; when professional advice is most needed. We are not sure to what extent property in Tenerife may be affected. Certainly, before buying property in Tenerife or elewhere, please consult a professionally qualified, bonded and registered estate agent.
info@pci-international.com
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1 comment:
You write very well.
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