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

 

Read more in this week’s print edition or go to e-paper

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