June 2014

A: This is true, however be careful and be aware of the following particularities:

The law of urban planning of Andalusia (LOUA) does not absolutely prohibit building on undeveloped land, but does establish certain limits to preserve the land adjoining or related to urban development. For this purpose the law focuses on designation or intended use of the building, so that the LOUA authorizes three types of construction on undeveloped land.

Two of these are working buildings and facilities of specific necessity for agricultural, livestock, forestry, hunting or analogous uses for the land, and the third is buildings, structures, works and facilities in which such necessity for the agricultural holding is absent, but where they are expressly provided for in the Municipal General Urban Plan for a special Development Plan; a typical example would be detached houses or villas.

Therefore, it would be necessary that such buildings are not only authorized by the General Plan of Urban Planning, or a special Development Plan, but also that the housing is linked to the agricultural, forestry or livestock-related designation or purpose.

New Coefficients to update the acquisition value of Spanish Real Estate assets. For the transfers of real estate (not linked to economic activities) that take place during year 2014, the coefficients to update the value of acquisition of such assets will be the following ones: Year of acquisition    Coefficient
1994 and before 1,3299
1995 1,4050
1996 1,3569
1997 1,3299
1998 1,3041
1999 1,2807
2000 1,2560
2001 1,2314
2002 1,2072
2003 1,1836
2004 1,1604
2005 1,1376
2006 1,1152
2007 1,0934
2008 1,0720
2009 1,0510
2010 1,0406
2011 1,0303
2012 1,0201
2013 1,0100
2014               1,0000