tax cut

Estepona’s City Council Plenary Ratifies 2026 Budget with Record Tax Cut

The final approval of the municipal accounts has been granted, totaling 132 million euros, with a 6.6 million euro reduction in the Real Estate Tax (IBI) and over 27 million euros allocated for productive investments. This budget marks a significant milestone as it eliminates the need to address the over 300 million euros of inherited…

Estepona City Council pays off 300 million euros debt and implements major tax reduction

The City Council of Estepona has achieved a significant milestone by completely paying off the accumulated debt of more than 300 million euros. This achievement has led to the implementation of the largest tax cut in the city’s history, with an average reduction of 20% on the Real Estate Tax (IBI) bills for the year…