The Government is preparing a major tightening of the rules for construction in flood-prone areas, which will have direct consequences for the land market and the development of new real estate promotions. The draft Royal Decree on Flood Risk Management, currently in public information, is not limited to strengthening the technical conditions that buildings must meet, but is fully involved in land use: it prevents the transformation of certain r…
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The Government is preparing a major tightening of the rules for construction in flood-prone areas, which will have direct consequences for the land market and the development of new real estate promotions. The draft Royal Decree on Flood Risk Management, currently in public information, is not limited to strengthening the technical conditions that buildings must meet, but is fully involved in land use: it prevents the transformation of certain r…