Thursday, September 05, 2013

MALLORCA TODAY - Cala Carbó owners will get lower compensation than demanded

The Balearics High Court has set a figure of 22.5 million euros as compensation to owners in Cala Carbó (Cala San Vicente) who were unable to develop land once a law of 2008 was introduced. 29 million had been demanded.

The High Court has thrown out a claim for compensation of 107 million euros by the company Ullal Parc Natural Apartaments S.L. which had been laid because the company believed that under land plans in Pollensa the development in Cala Carbó would switch to the area of Ullal in Puerto Pollensa.

See more: ARA Balears

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