Marbella property owners are receiving certified letters informing them that their property values are being revised by the tax authorities.
It is 23 years (1988) since property values were updated in Marbella and a lot has changed in that time. These days there is a noticeable difference between property market value and the value used for the calculation of tax. Also, in 2010 the Marbella Town Hall passed new zoning laws which affects the value of many properties throughout the area.
The property tax rate is used for calculating taxes including IBI (rates), non-resident income tax and Plusvalia tax (tax on profit from property sale). Officials say that it is also necessary to update values for the purposes of death duty, gift tax and transfer tax.
Local lawyers are pointing out that the Town Hall does make mistakes when calculating values and if you think your rate has been miscalculated you have only one month to file a complaint. Complaints must be filed with either with the national Tax Office (Agencia Tributaria) or the regional Economic-Administrative Court (Tribunal Económico-administrativo de Andalucia).
Reasons for the miscalculation include the inclusion of communal areas, out-buildings not connected to your property, incorrect plot size and market value.