Valencia Property
Calle Pintor Zariñena 5, El Carmen, Valencia
TEL: 661 723 387
Valencia is a city with an abundance of derelict buildings, flats and houses. Many times we ask ourselves - why. Well, part of the problem could come from the courts.
Every time someone dies in the Valencia Province, without heirs, the Generalitat becomes the beneficiary of their legacy. When a person dies without a testament and the heirs can´t be found, it is the job of the Ministry of Finance to transfer his property to Generalitat. It all works well in theory, but, at the moment, according to the Las Provincias, there is a total collapse in courts in transferring this type of property.
From the period of 2009 to 2019, there are 439 properties still waiting to be transferred. And the list is growing bigger every month because more properties enter this domain.
Once these properties are transferred to the Generalitat, they become the property of the state. Generalitat can either use them or dispose of them on the property market. The problem is that the procedure takes so long that by the time the legal part is finished, those properties are usually in a derelict state, some of them become occupied, the cost for their maintenance ads up, and generally, there is a lack of manpower to manage these resources.
There are many suggestions what to do with this properties, from selling them for a reduced price on an open market to repurposing them to serve as “social” housing for people that are in need, but, to get through complicated Spanish judicial system, and to jump through all the red tape hoops, almost looks impossible.
So, next time you see an abandoned building or a flat with the broken windows in a decent looking house, you will know where a part of the problem lies.
A number of cities including Paris, Barcelona and Valencia have asked the European Commission to review the regulation of tourist apartment rental platforms such as Airbnb. Representatives of these cities consider that these internet companies have a "disastrous" impact on the housing market and that is why they demand that Margrethe Vestager, executive vice president of the EC, takes action, according to newspaper La Información.
Three proposals stand out amongst others: being able to obtain reliable data from platforms and owners, that the platforms take responsibility for
content they show and that they are forced to comply with the obligations imposed by the local laws. In this sense, the large cities of Europe assert that it is very difficult to fight against illegal rentals, because these tourist rental platforms do not share their information with local administrations. In addition, the 20 cities accuse the legislative framework of being obsolete, because it was carried out before the 'boom' of the digital economy.
"Our cities recognize that tourism is an important source of income and employment for many and are not opposed to this new type of rental. However, tourist rentals of private apartments can only take place responsibly and according to the necessary legislation ", states a note signed by representatives of cities such as Amsterdam, Athens, Berlin, Brussels, Florence, London, Milan, Vienna, Paris, Barcelona and Valencia.
The signatories considered that the future Digital Services Law, planned by the end of the year, "represents an unprecedented opportunity" for the EC to face this "growing problem", which in their opinion has affected both the supply and the prices of the rest of the accommodations.
Meanwhile, in Spain, the Ministry of Finance intends to take up the battle in order to force rental platforms to provide the aforementioned tax information. At the moment, the General Directorate of Taxes has not adopted a final decision on how and when to do it, announces newspaper El Independiente.