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The City of Murcia asked last year to the Management of Land Registry update to low assessed values ​​of properties in our town.

Since the cadastral review conducted in Archena in 2009, held in a very different current socioeconomic landscape as assessed values ​​were above market values ​​today, the City has been trying to rectify this situation outside the municipal administration, as has assured the Councillor of Finance, Antonio José Palazón.

Thanks to the amendment of Article 32.2 of the revised text of the Law of Real Estate Cadastre, municipalities that meet certain requirements are allowed, and want to update cadastral values ​​of urban property, to request such a review.

Councilman insists that "therefore fulfilling our commitment to work for every citizen, trying to contain the tax burden in these times of enormous economic difficulties we are going through all this City has formalized this request for they can be applied to the new assessed values ​​in 2015 a reduction of 22%, and that all neighbors of Archena can benefit from the tax advantages ".

Likewise, the tax rate for this tax has already been reduced by 2014, from 0'610 to 0'540 type, which has reduced urban IBI receipt of between 5 and 9 percent and for 2015 returns lower the tax rate to 0.53 percent, which will mean a further decrease says again Councilman Hacienda.

Source: Ayuntamiento de Archena