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Spanish homeowner communities face gas bill hike of up to 70%

Residents' associations across Spain that rely on shared gas heating systems are bracing for energy bills that could jump by as much as 70% this winter. The national body representing property administrators, CGCAFE,...

Residents' associations across Spain that rely on shared gas heating systems are bracing for energy bills that could jump by as much as 70% this winter. The national body representing property administrators, CGCAFE, is calling on authorities to give these communities a choice in how they repay deferred energy costs introduced under new regulations. The organisation argues that forcing a single repayment method risks saddling communities with years of accumulated debt and interest charges. If you are considering buying into a building with communal central heating on the Costa Blanca, it is worth checking how the homeowners' association is managing its current and future energy costs.

Source: idealista/news


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Source: idealista/news