Beware of the "first-line sharks"

What most Spanish buyers and homeowners have known for years now, is the fact that first-line properties have become very risky business. Very few first-time buyers, or foreign buyers as a whole, are aware of the so-called "Ley de Costa".
This new law has been introduced by the Spanish government to save what is left and reclaim as much of its coastline as possible.

To first-line homeowners it means an "arbitrary" repossesing of, a lot but not all, first-line properties. Going into all the details would go too far. To give you an example: whether a building is affected depends, amongst other things, on the "highest flood in human memory". How is that for an objective standard?

In practice it means that a lot of owners have been given notice by the state. They can still own their property for the next 50 years (again there are some ifs and buts, but never mind). After these 50 years the property will be torn down and the land will revert back to the Spanish state. Within a period of time, at the moment varying between 8 to 12 years, some buildings will receive injunctions against major structural repairs. This in order to make your property worthless by the time the 50 years are up, if not sooner.

Confused? Outraged? Join the club. Just do not buy first-line anymore. Unless you have written proof that the building you are buying (into), is not affected.
Have you found a first-line property for a price too good to be true? Get veeeery suspicious.
Do NOT believe the stories about grandmothers with terrible deseases that need very expensive care.

Beware buyers, the "first-line sharks" are gathering. They are planning to have a feast. Make sure they do not feast on you and yours.