owners can request that it disqualify a dwelling protected after 30 years from the purchase
The process involves the return of all the aid it received, including the promoter
The real estate market in the Community of Valencia moves. With figures very far from the ‘boom’ and the large PAI that is projected along the length and width of the Valencian Community, but the data for the promotion of housing reflect that the reactivation of the construction is a fact. And not only in regard to the new work, since the market of the used also start to rebound. It is reflected, for example, the data on disqualifications housing VPO that handles the Generalitat valencian, in which there is a new bullish trend after years of activity is virtually zero. The process of disqualification refers to the sale price-free housing subject to official protection, and that can only be activated after 30 years from the first purchase. To be able to access the disqualification, the owner must repay all of the subsidies corresponding to the housing, and not only those who received the tenants, but also the promoters.
The price of this operation may rise to 40,000 euros approximately, according to the technicians consulted by this newspaper, although the amount is very variable due to the support personal that may result from a housing in particular. Therefore, only when the prices rise enough, the operation is profitable for the owners. The maximum desclasificaciones sheltered housing requested to the regional administration occurred in 2006, in full real-estate bubble, when the Generalitat came to process up to 1.969 requests. Today the numbers are far from those figures, but they are beginning to mark an upward trend. The Valencian Community, as well, has gone from processing 37 applications in 2017 to 56 registered until the end of October.
provinces
The case of the province of Valencia is the most visible due to, point the technicians from the autonomous region, to the increased “market stress” that is experienced in the capital. In fact, of the 44 applications that have been found throughout the province, slightly more than half correspond to the city of Valencia. From 2016 the figure has not stopped growing, although with very small numbers and not approaching in any way to the requests of the emergence of the brick. Yet, in fact, there is a significant incidence of this type of operations, but little by little it seems that the Community of Valencia follows in the footsteps of Barcelona and Madrid, where the upward trend is particularly marked and has already been found.
however, the records of disqualification are not registering an evolution just as prominent in the provinces of Alicante and Castellón. In the latter, in fact, the activity is null, since 2014 has not been requested to the regional administration no disqualification of sheltered housing. In Alicante, meanwhile, the number of these operations in 2018 has doubled that of the previous year, although its volume is practically negligible, since only there have been 12 applications, a sign that the prices of used housing have not been fully recovered in the province since the housing bubble burst. In perspective, the numbers are still small in comparison with the operations initiated in this regard over the past 18 years-and that rise above 9000.
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