Andalucía’s Regional Gov’t Sells 2 Residential Plots For €10.3M

20 December 2016 – Es Andalucía

The latest offer from the Ministry of Development and Housing to sell off the industrial and residential plots launched by the Andalucían Agency for Housing and Renovations on 18 October, has ended with the sale of two plots of residential land, one on in Costa Bellena, Chipiona (Cádiz); and another through a purchase option in Camas (Sevilla).

Thus, in total, residential land amounting to €10.3 million and industrial plots with a sales value of €1.2 million have been awarded in the latest offer, according to reports from the Regional Government of Andalucía in a statement.

In terms of the site in Costa Ballena, a plot of land measuring 27,243 m2 with the capacity to build 131 homes has been sold for €6,893,227; and in Camas, the other site has been sold through a purchase option for a plot of land measuring 15,188 m2 as part of the Poeta Muñoz Sanromán Partial Plan, with capacity for 227 homes and a price of €3,456,029.

In this way, most of the residential plots sold are located in the province of Cádiz, in the town of Chipiona (…) which will equip the Regional Administration with the resources it needs to construct subsidised housing in the province of Cádiz.

Therefore, the sale of residential land in this final offer of the year, the fourth in 2016 and the fifth since the decision was taken to reactivate the sale of land at the beginning of the legislature, will allow 358 homes to be built in total in the towns of Chipiona and Camas. (…).

Original story: Es Andalucía

Translation: Carmel Drake

Regional Government of Andalucía Fines BBVA €1.62m

20 January 2015 – Inmodiario

A €60,000 fine for each one of the 27 protected homes not offered up to the municipal registry offices.

In Andalucía, banks and the Sareb are still being fined for not providing their empty subsidised homes to the municipal registry offices.

The partial suspension of the eviction law a year ago by the Constitutional Court following the presentation of the appeal by the central Government, has not impeded the processing of claims in any way, which are ending with the imposition of million-euro fines, which are all being appealed by the affected entities.

Now, it is BBVA’s turn. Its total fine amounts to €1.62m; €60,000 for each one of the 27 accredited homes that were not offered up to the respective Town Halls to be made available to citizens affected by evictions.

The apartments are located in the provinces of Granada (seven), Cádiz (six), Almería (five), Huelva (five), Málaga (two) and Sevilla (two).

According to the Ministry, these homes have not been offered up to the municipal registry offices, which establish the selection mechanisms for the foreclosure of properties under public protection and set the socio-economic requirements for access to them under the principles of equality, openness and accountability.

The fine levied on BBVA follows those levied on two other financial institutions for the same reason: Banco Popular was fined €5.82m for 87 homes and Sabadell was fined €120,000 for two homes. In addition, the Ministry is still investigating potential fines against five other financial institutions, for a total of €3.48m: Building Center (€1.56m for 26 homes), Unión de Créditos Inmobiliarios (€780,000 for 13 homes), Banco Santander (€660,000 for 11 homes), Servihabitat (€360,000 for 6 homes) and Anida Operaciones Singulares (€120,000 for 2 homes).

Furthermore, the Ministry of Development has fined Sareb (the entity known as the bad bank) €120,000 for obstructing the Government’s measures to ensure the social function of its subsidised homes. And it is investigating another case against Sareb amounting to €11.7m for the breach of article 20m, after it allegedly failed to place 98 homes at the disposal of municipal registry offices.

The law that contains the measures to ensure the social function of housing was not challenged by the central Government in its entirety but some precepts were appealed, such as the power to fine financial institutions for leaving homes empty for more than six months and the authority to temporarily expropriate the use of homes to avoid the eviction of families at risk of exclusion.

Original story: Inmodiario

Translation: Carmel Drake