Property Point Marbella News Update - 89 Marbella properties are no longer illegal

Paul O'Mahoney of Property Point Marbella reports on the latest news & events.  For more information, please visit Property Point Marbella's website at www.propertypointmarbella.com.

Approval to regularise the situation of the properties in La Corniche came from the Town Hall on Tuesday

Another urbanisation built illegally in Marbella has now been brought into line with the town’s new PGOU local development plan, affecting 89 homes on La Corniche Urbanisation in Nueva Andalucía.

Approval for the move to regularise the properties was agreed at a meeting of the local government on Tuesday. The compensation system set out to bring Marbella’s irregular properties into legality brings the town, in this case, 12,000 m2 of land to be allocated as green zones and monetary compensation of more than 700,000 €.

Felix Romero, spokesman for the local government, told the press that the Town Hall has also set the developer a security deposit of 250,000 € as a guarantee that building work which must take place in the area as part of the agreement is, in fact, carried out.

Source: typicallyspanish.com

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