Spanish authorities 'to legalise 40,000 properties'

An estimated 40,000 Spanish properties in Andalucia in the south of Spain will be made legal by authorities, it has been reported.

Largely located along the coast, the homes will be approved by the town halls in Marbella and Mijas and the provincial government - the diputacion - in Malaga, according to Typically Spanish.

The move will end uncertainty about thousands of illegally built properties in Axarquia, Marbella and Mijas and potentially boost the investment market for overseas buyers in the region.

President of the diputacion Salvador Pendon told the news source that demolitions would only take place in "certain concrete cases".

A new urban plan is being revised for Malaga and is currently before the town hall for approval and will confirm the legal status of thousands of homes if it is passed.

Paul Bradley, a spokesperson for the Spanish Property Owners Guild, recently suggested that the top end of the Spanish property market would witness an increase over the coming months "as the market comes back in the UK".

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