Coastline Law leaves thousands of Spanish property investors without right of title
Coastline Law leaves thousands of Spanish property investors without right of title
14th May 2008
By Héctor González
The current legislation was passed by the Socialist government of Felipe González in 1988, but it has only been widely implemented in the last few years, under another Socialist (PSOE) administration, with far-reaching consequences.
The difference is that the Ministry for the Rural and Marine Environment, formerly known as the Ministry for the Environment, has begun to mark out the boundaries of these so-called designated areas, thereby categorising areas occupied by private individuals as public land. All these areas are now considered Areas of Public Maritime Land. (Dominio Publico Marítimo-Terrestre DPMT).
Loss of Rights
This has meant that perfectly legal, private sector constructions have found themselves in this public space, with the property owners concerned losing their right to ownership of the property.
To view the rest of this article - and thousands like it - become a PRO member today...
To read this article you need to be a Property Secrets PRO member. In addition to thousands of searchable articles on UK and worldwide property investment, your PRO membership will give you full access to over £600 worth of eBooks and Spreadsheet Software, advice-packed blogs from leading property experts and our busy Property Forums - where you can talk to hundreds of investors just like you.
If you aren't currently a PRO member, then you can sign up using the form below now. At only £7.99 a month (first 14 days FREE) or £79.99 per year (that's TWO MONTHS FREE), it will prove exceptional value for money. Remember, our range of eBooks and Spreadsheet Software is worth over £600 and with a new article every day, there's always something to come back for.
Today's property market means it is vital to have full and unlimited access to the best information available to make intelligent and profitable decisions.
To find out more about the benefits of a Property Secrets PRO membership, click here...
If you are already a PRO member of Property Secrets, sign in at the top of the page.
Call Property Secrets on: +44 (0)1270 539550