Ciudadanos Europeos advises against buying property in Valencia

The association, which aims to protect the interests of
European citizens in Spain, describes Valencia property laws as abusive.

By m.p

Apr 16, 2007 - 7:54 PM

The foreign residents association 'Ciudadanos Europeos,' whose stated aim is to protect the interests of European citizens in Spain, has recommended against buying property in the Valencia Region until what it describes as its 'abusive' property laws are changed. It refers to the Valencia government as the "main perpetrator and defender of the urbanistic abuses against foreign and Spanish owners."

The association says in a recent report entitled 'Urbanistic Abuse', that they believe the situation is correctly reflected in the reports of the investigating commissions of the European Parliament: the Petitions Committee report, which was approved last week, and which is harshly critical of real estate development in Spain. Ciudadanos Europeos says that "in the present situation we cannot recommend anyone, foreigner or Spaniard, to purchase a property in the Valencia Region until its abusive property laws have been profoundly changed, as proposed by the European parliament."

The non-profit association was formed in 1992 following the Maastricht agreements, and works towards the integration and participation of Europeans living in Spain.

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