Land without title, on sale for 1 euro! - The green light for the “Mountain Package”. Who benefits?
Now, all those individuals who have been using land for more than 10 years will have the opportunity to invest in it through the "Mountain Package", which has been given the green light by the directive already in force for determining priority development areas.
The "Mountain Package" aims to attract investments for sustainable economic development in those mountain areas with special priorities with the aim of economic recovery, promoting employment, improving living conditions and efficiently using natural resources.
The law, which entered into force in June of this year, provides the possibility of transferring ownership through the sale for a symbolic fee of 1 euro of these state-owned real estate properties, which result to be in the de facto possession of non-owners in priority development areas.
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.
Now that the instruction that defines priority development areas has entered into force, 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 geodesist 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, for obtaining a development permit. And finally, a purchase request is made to the responsible ministry and a sales contract is signed.
Entities that benefit from ownership of the surfaces according to 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. They will also have priority in obtaining grants, mainly for agrotourism and processing projects.
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