TWO iconic apartment towers located in the area of Punta Llisera, in Benidorm on the Costa Blanca are set to be demolished.
The skyscrapers each have 22 floors and contain 168 apartments in total.
However, the Supreme Court has refused to consider appeals filed by the Valencian Government after the Supreme Court revoked the property licence in 2012 due to a lack of compliance to with the property regulations of the Costa.
The Supreme Court ruled the towers were constructed on unauthorised grounds which did not comply to Costa laws in Spain.
The 2012 ruling rendered the already constructed towers illegal and forced all inhabitants of the towers to vacate the premises.
Ximo Puig, President of Valencia, announced the notice of demolition yesterday during the weekly control session of the Valencian Parliament.
Puig blamed the irrational actions of the former Partido Popular Government for the catastrophe, singling out former Councillor for Infrastructure, Territory and Environment of the Valencian Generalitat, Isabel Bonig, in his condemnation.
The skyscrapers were initially authorised in 2005 under the Partido Popular’s mandate.
The Valencian Government will now be forced to compensate the owners of the apartment towers, a figure which will likely exceed 100 million euros.
The compensation sum will force the Ministry of Finance to make alterations to their 2019 budget in order to release the funds.
The promoters of the twin towers, Gemelos 28 promotion, are due to be compensated a figure 20 per cent higher than the fee they originally paid for the construction of the skyscrapers, according to Spanish media reports.
Former residents of the towers still haven’t been notified how much compensation they will receive according to Jose Perez-Hickman, who told the Spanish press the decision to demolish the towers was “outrageous”.