fiscal support
Estepona City Council Enacts Groundbreaking Tax Reduction: Residents Save 7 Million Euros
The property tax (IBI) bills have been cut by an average of 50%, with services being enhanced and investments increased following the achievement of ‘zero debt.’ Estepona City Council is building on its strongest economic indicators ever after eliminating its debt a year ago. With over 300 million euros paid off, the City Council now…
Estepona residents benefit from over 7 million euros in annual savings due to tax reductions implemented by the local government.
The City Council’s decision to lower taxes has not resulted in decreased investments or services. This year, more than 6.6 million euros have been allocated for Property Tax (IBI) rebates, along with an additional 144,000 euros for garbage tax exemptions. The goal is to continue providing fiscal support to all Estepona families, particularly those in…