Land without title deeds goes on sale for 1 euro - The "Mountain Package" comes into effect in May, the criteria for who benefits
The "Mountain Package", which aims to attract investments in priority development areas, strengthen local economies, and promote employment, has been published in the Official Gazette and enters into force at the beginning of May.
But what does the much-discussed law provide and who does it give priority to?
The law provides for the declaration of mountainous areas with development priorities as well as the development of state assets possessed without title by private entities in these areas, in accordance with the rules and legislation for territorial planning and development.
The new law gives the green light to the transfer of ownership through the sale for a symbolic fee of 1 euro of these state-owned real estate properties, which turn out to be in the de facto possession of non-owners.
In this case, non-owner possessors are those individuals who exercise continuous and uninterrupted possession for at least 10 years over state-owned immovable property, using it as if they were its owner.
For this, the subject presents supporting documentation, but the lack of documentation does not prevent the administrative procedure for recognizing him as a "non-owner possessor" and the subject's declaration is taken for granted as long as evidence to the contrary is not presented by third parties during the public display and procedures specified in this law.
Likewise, those natural persons who do not use the property, but prove their connection to the property, for which they are not provided with a title deed, according to the legislation in force, and seek to develop it through an investment, will also be considered non-owner possessors.
After the decision declaring the development zone comes into force, the entities must submit a request to the local self-government unit for recognition as non-owner possessors, accompanied by a survey plan of the possessed area, drafted by a licensed geodesic expert.
And then the local institutions verify the request for its approval or not. In case of approval, the procedure passes to the Territorial Development Agency, to obtain the development permit. And finally, the purchase request is made to the responsible ministry and the sales contract is signed.
Entities that benefit from ownership of the surfaces under this law and that implement the project and exercise the activity declared by them, benefit for a period of 10 years: exemption from the infrastructure impact tax; exemption from the real estate tax; exemption from VAT; exemption from income tax.
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