SUPREME COURT RULES ON VISTA ALEGRE BUILDING
The Supreme Court in Valencia has ruled that a building situated on the main road alongside the Paseo Vista Alegre in Torrevieja, the former Guardia Civil headquarters, is protected and therefore cannot be converted into flats, which a developer who bought the property intended to do after the purchase in August, 2000. The property became available for sale and was purchased by the developer for 1.9 million euro. The town hall was also interested in purchasing the building, but for a much lower figure. Upon acquiring the property, the new owner applied for planning permission to start the work to create 14 homes and 22 garages, but found that the town hall refused building permits to allow the work to start. The appeal was launched through the courts, but the developer has failed; now owning a property which can only be sold to the town hall, at a considerable loss both financially and in terms of development of this part of the city.
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