JOIN OUR FRIENDLY COMMUNITY
Learn from the experiences of other expats and make new friends in our disccussion forums and Facebook groups

READ OUR GUIDE TO MOVING ABROAD
The Expat Focus Guide to Moving Abroad contains everything you need to know when planning an international relocation available now, completely free

COMPARE QUOTES AND SAVE MONEY
Insurance, FX and international movers

LISTEN TO THE EXPAT FOCUS PODCAST
The Expat Focus podcast features interviews with expats living abroad and service providers meeting their needs subscribe today!

EXPERT FINANCIAL ADVICE & SERVICES
From our tax, investment and FX partners

Expat Focus Partners

Become a Partner. Click Here.

Worry about L.R.A.U (land grab) in Spain

Discussion forum for expats moving to or living in Spain.

Reply to topicReply to topic
Forum FAQSearchView unanswered posts
 
  
Worry about L.R.A.U (land grab) in Spain

Post Posted: Thu Jun 29, 2006 2:27 am

My wife and I are thinking of moving to inland Valencia permanently in the near future, but we keep reading these horror stories of residents losing their houses or having to pay hugh amounts of money for infrastructure that they neither need nor want. Is this still a relavent worry or has this matter been resolved by the european union or do we give Spain a miss and look in some other country or other part of Spain where there are no worries about being mugged out of your rightful property. Anyone any thoughts on this subject.
xdonaldx.............................................................

 

xdonaldx
Newbie
Newbie
 
 
  
Re: Worry about L.R.A.U (land grab) in Spain

Post Posted: Fri Jun 30, 2006 3:10 am

Hello xdonaldx,
This L.R.A.U. has been ongoing for a couple of years now and is still not clear on a number of items, the Leagle system in Spain has been warned to alter this law by the EU commission, and has so far a few of the details of this law have changed. but in princible the law still has a number of faults, so in fact the law has not changed as there are a number of loopholes in it.

The places where this law is applied is normaly on the coast, and popular areas around older properties. If you were to move to Spain and you select a house, say about 25/30 klms inland I would expect that this law would not apply to you, unless there is a a development in the area that you chose.

Of course you could select a different Provence than Valencia, as this law is only in the Valencia provence and does not apply in other areas of Spain.

I do hope this has made things a little clearer for you?

David SR


_________________

Advice is free, learning by experience can be costly.

European Swaps A place to Swap or Exchange your home on a permanent basis.

 

Countryboy
Forum Legend
Forum Legend
 
 
  
Re: Worry about L.R.A.U (land grab) in Spain

Post Posted: Sun Jul 02, 2006 3:03 pm

I think whatever country you move to you have to have a concern about the future and not put all your eggs in one basket - a case in point is that the land grab law is quite a recent one so it must be a huge shock for people to now have their lives destroyed unexpectedly.

Buying in another country like Eastern Europe must be a concern.

If I were you I would look at Valencia province (great area) but taking care to buy in urbanised areas which can't be land grabbed.

Mark


_________________

www.costablancauncovered.com
Practical and useful information on living, visiting or moving to Spain.
*Expat Interviews, Tips & Advice *Make Money in Spain *Property Secrets...

 

CostaBoy
Frequent Poster
Frequent Poster
 
 
  
Re: Worry about L.R.A.U (land grab) in Spain

Post Posted: Mon Jul 03, 2006 1:55 pm

Its the builders themselves, who are causing the worst effects, The idea was to create cheap housing for the Spanish people, but the greedy builders are grabbing other peoples property, Spanish peoples as well, and building luxury villas for big profits.
While this law is in existance and nothing is done to stop the flouting of this law, I would be very worried if I owned a property which could be developed, or a place with any land in an expensive area

And No, buying in Bulgaria is much safer than you think, property laws are good , with no stupid law as in the Valencia region of Spain


_________________

well I can say I found my place "nirvarna" (near Varna)

 

jjmmdd
Forum Leader - Bulgaria
Forum Leader - Bulgaria
 
 
  
Re: Worry about L.R.A.U (land grab) in Spain

Post Posted: Mon Jul 03, 2006 4:38 pm

- jjmmdd

Its the builders themselves, who are causing the worst effects, The idea was to create cheap housing for the Spanish people, but the greedy builders are grabbing other peoples property, Spanish peoples as well, and building luxury villas for big profits.
While this law is in existance and nothing is done to stop the flouting of this law, I would be very worried if I owned a property which could be developed, or a place with any land in an expensive area

And No, buying in Bulgaria is much safer than you think, property laws are good , with no stupid law as in the Valencia region of Spain


Agree with what you say but maybe in the future in Bulgaria - the government pass new laws which affect foreigners.

After all who would have thought the Spanish would have brought in the law which enabled this land grabbing - it is only recent and they don't seem so keen or quick to stop the abuses despite all this pressure from the European parliament.

Other parts of Spain may be safe but I'm just saying - you never know what might happen in the future.

Mark


_________________

www.costablancauncovered.com
Practical and useful information on living, visiting or moving to Spain.
*Expat Interviews, Tips & Advice *Make Money in Spain *Property Secrets...

 

CostaBoy
Frequent Poster
Frequent Poster
 
 
Page 1 of 1






Expat Health Insurance Partners


Cigna Global

Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.