Denia announces IBI surcharge on empty homes

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Unoccupied homes in Denia could prove expensive for their owners – the council is due to apply a hefty surcharge to property tax.

Residential property left uninhabited for up to two years will cost an extra 50% in tax, rising to 100% after this time.

Socialist (PSOE) party mayor Vicent Grimalt said it is designed to increase supply in the rental market.

Full report in Friday’s Costa Blanca News

 

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