15 November 2011
Property legalisation issues
Just for information - anyone who has a property where they have minor illegalities such as basements used as living space or uncovered balconies built in, have only until the end of November to begin the legalisation process.
Without this, it is not possible to include these areas in an EOT tourist licence for rental, and there will also be difficulties in selling or passing on the property as inheritance.
Where there are major legalisation issues, applications can be made up until the end of December.
These issues need to be dealt with as it will become very difficult to sell these properties. It is of course possible that these deadlines will be extended, but it would be wise for people to begin the work within the time frame.
Diana