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The Marbella town hall has approved a subsidy for the IBI tax for property owners registered with the town hall as part of efforts to revitalise the ailing property market. The subsidy in property tax will be between 1.5% and 10% of the tax due based on the assessed value of the property. For example, a family registered in the town hall with a property that has an assessed value below 100,000€ will receive a 10% reduction in the property tax. Marbella...
