29 Feb 2016
New Law Protects Residential Property Rights In Gran Canaria
Published in Legal & Tax, Living in Gran Canaria
The Canarian Government has underlined its commitment to protecting the property rights of residents in Gran Canaria's resorts with an amendment to the new Land Use Act (Ley de Suelo).
The measure means that existing residential use of property in resort areas is regarded as consolidated and cannot be penalized. It will go to Parliament for approval before the summer.
The new Minister of Política Territorial, Nieves Lady Barreto, said that it was a way for the Government to show its commitment to the residents of resort areas and their rights and comes after a sustained campaign by resident groups.
The amendment is designed as a temporary measure to protect owners until a new version of the Tourism Law is approved in 2017. This will recognize the de-facto right of residence of people who currently live in Gran Canaria's resort areas.