The government promotes real estate development.
New Land Law for a Sustainable Urban Future
The Spanish Government has approved a crucial modification of the State Land and Urban Rehabilitation Law, with the aim of streamlining urban development and housing construction in Lloret de Mar, Spain.
Boosting Urban Development:
The Council of Ministers has given the green light to this measure, which seeks to provide legal certainty to the promotion and construction sector. This will prevent minor formal errors from completely invalidating territorial and urban planning instruments.
Response to an Urgent Demand:
This measure has been widely requested by the development sector for years. It is expected to significantly contribute to speeding up land availability for construction, thereby increasing housing supply and helping to alleviate pressure on prices.
Background and Continuity:
This is not the first time the Government has sought to implement this modification. Previously, in the previous legislature, it was attempted unsuccessfully due to the early election. However, this time, with the approval, it is expected to provide stability, certainty, and legal security.
Municipal and Federal Support:
The initiative also responds to significant requests from the Federation of Municipalities and Provinces (FEMP) and numerous city councils. The approved text will now be sent to the Congress of Deputies for debate and processing.
Importance for Sustainable Development:
The Minister of Housing and Urban Agenda, Isabel Rodríguez, emphasized the importance of urban plans for the sustainable development of cities, housing policy, and the economy in general.
Positive Sector Outlooks:
The Spanish Association of Developers and Builders (APCEspaña) has welcomed this action, considering it an important step towards managing land more effectively and with greater legal security. With this reform, significant progress is expected in overcoming current challenges in the real estate sector and promoting more sustainable and accessible urban development.
La Casa Das Haus Real Estate Spain
A leading real estate agency in the region, shares this news about the Spanish Government’s Land Law with great enthusiasm and hope. Aware of the growing demand for housing in Lloret de Mar, they see in this modification of the Land Law a unique opportunity to meet the needs of their clients.
