
The introduction of law 26/2014 of 27 November, changed dramatically the way Capital Gains Tax from the sale of an unmovable asset (a property) is calculated.
The Mayor of Salobreña, Avelino Menéndez, has been known to make controversial comments before, but in an attempt to justify the new IBI rates, he might have plunged himself in even deeper. Judge for yourself:
Under the new IBI system, anyone that has a second home in Salobreña – and we’re talking about 8,000 second-home owners – will see their IBI contributions go up by 90%. But – and this is a big ‘but’ – Salobreña has the lowest IBI rates on the coast.
The Town Hall is fund hungry; surprise, surprise, and just about any idea that gets the cash in is going to get a warm reception, so it should come as no surprise that IBI will be raised on second homes in the town.