Situation
The owner of commercial premises in Barcelona discovered the cadastral value exceeded market value by 35%. Annual IBI: €4,200. 4-year overpayment: over €5,800.
Solution
Our lawyers prepared an independent valuation report, filed a cadastral value review request with the Gerència del Cadastre, and submitted an IBI overpayment refund claim for 4 years under the TRLRHL.
Result
Cadastral value reduced by 28%. Annual IBI saving: €1,176. Refund for the last 3 years: €3,528 (4th year had prescribed).
