IBI tax to drop in 26 towns, and increase in six, due to reappraisals

The towns have had an adjustment of the rateable values on real estate

0
650
Benahavis has seen the biggest increases in rateable values, with a 5% boosk

HOMEOWNERS in 26 towns in Málaga province will see a reduction in their IBI tax this year thanks to a revision of rateable, or cadastral, real estate values. In five towns the values will increase, meaning higher IBI taxes.

In all, 31 towns in the province have had their rateable real estate values adjusted for 2018, because they requested it or were due for the revision in order to reflect changes in market values since their last adjustment.

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.