{"id":1850,"date":"2012-05-17T08:39:00","date_gmt":"2012-05-17T08:39:00","guid":{"rendered":""},"modified":"2022-08-08T09:36:19","modified_gmt":"2022-08-08T09:36:19","slug":"reglamento-de-valoraciones-de-la-ley_17","status":"publish","type":"post","link":"https:\/\/prayde.com\/empresa\/reglamento-de-valoraciones-de-la-ley_17\/","title":{"rendered":"Reglamento de Valoraciones de la Ley del Suelo: Gastos de urbanizaci\u00f3n no materializada"},"content":{"rendered":"<p><!--[if gte mso 9]><xml>\n <o:OfficeDocumentSettings>\n  <o:TargetScreenSize>800x600<\/o:TargetScreenSize>\n <\/o:OfficeDocumentSettings>\n<\/xml><![endif]--><!--[if gte mso 9]><xml>\n <w:WordDocument>\n  <w:View>Normal<\/w:View>\n  <w:Zoom>0<\/w:Zoom>\n  <w:TrackMoves\/>\n  <w:TrackFormatting\/>\n  <w:HyphenationZone>21<\/w:HyphenationZone>\n  <w:PunctuationKerning\/>\n  <w:ValidateAgainstSchemas\/>\n  <w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>\n  <w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>\n  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windowtext;\n mso-para-margin:0cm;\n mso-para-margin-bottom:.0001pt;\n mso-pagination:widow-orphan;\n font-size:10.0pt;\n font-family:\"Times New Roman\",\"serif\";}\n<\/style>\n\n\n<![endif]--><\/p>\n<p><\/p>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">El pasado d\u00eda <b style=\"mso-bidi-font-weight: normal;\">10 de noviembre de 2011<\/b> entro en vigor<br \/>\nel nuevo <b style=\"mso-bidi-font-weight: normal;\"><a href=\"http:\/\/www.boe.es\/boe\/dias\/2011\/11\/09\/pdfs\/BOE-A-2011-17629.pdf\">Reglamento<br \/>\nde Valoraciones de la Ley del Suelo<\/a><\/b> aprobado por el <b style=\"mso-bidi-font-weight: normal;\">RD 1492\/2011<\/b>, de 24 de octubre.<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">En el articulo 22 de<br \/>\ndicho RD<span style=\"mso-spacerun: yes;\">&nbsp; <\/span>se contempla, para el caso de<br \/>\nvaloraci\u00f3n de suelo urbanizado, el que exista una parte de la urbanizaci\u00f3n no<br \/>\nmaterializada en el momento de la valoraci\u00f3n, proponiendo deducir de dicha<br \/>\nvaloraci\u00f3n, el importe de estos gastos pendientes de realizar, G, pero<br \/>\nincrementados en por el factor (1 + TLR + PR) , con lo cual, en este caso, la<br \/>\nformula de valoraci\u00f3n ser\u00e1:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">VS = \u2211 VRS<sub>i<\/sub><br \/>\nx E<sub>i<\/sub><\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">Siendo:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">VS = valor del suelo<br \/>\nurbanizado edificado en euros (EVIDENTEMENTE EN BOE TIENE UNA ERRATA EN ESTA<br \/>\nDENOMINACIUON)<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">E<sub>i<\/sub> =<br \/>\nedificabilidad en metros cuadrados construidos de cada tipologia edificatoria<br \/>\ndel \u00e1mbito de actuaci\u00f3n<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">VRS<sub>i<\/sub> = valpr<br \/>\nde repercusi\u00f3n por metro cuadrado edificable de cada uso cuyos valores se<br \/>\nobtienen de aplicar a cada tipologia la formula:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">VRS = (V\/K) \u2013 C, con<br \/>\nvalores de K, coeficiente que pondera la totalidad de los gastos generales,<br \/>\nincluidos los financieros, y los de gestion y promoci\u00f3n., as\u00ed como el beneficio<br \/>\nempresarial normal de la actividad de promoci\u00f3n inmobiliaria <\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"margin-left: 36.0pt; mso-list: l0 level1 lfo1; mso-outline-level: 1; tab-stops: list 36.0pt; text-align: justify; text-indent: -18.0pt;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt; mso-fareast-font-family: Arial;\"><span style=\"mso-list: Ignore;\">a)<span style=\"font: 7.0pt &quot;Times New Roman&quot;;\">&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">En<br \/>\ngeneral: <span style=\"mso-spacerun: yes;\">&nbsp;<\/span>K = 1,40<\/span><\/div>\n<div style=\"margin-left: 18.0pt; mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"margin-left: 36.0pt; mso-list: l0 level1 lfo1; mso-outline-level: 1; tab-stops: list 36.0pt; text-align: justify; text-indent: -18.0pt;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt; mso-fareast-font-family: Arial;\"><span style=\"mso-list: Ignore;\">b)<span style=\"font: 7.0pt &quot;Times New Roman&quot;;\">&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">En<br \/>\ncasos especiales, tales como <span style=\"mso-spacerun: yes;\">&nbsp;<\/span>en raz\u00f3n de<br \/>\nfactores objetivos como pueden ser los de extraordinaria localizaci\u00f3n, la fuerte<br \/>\ndin\u00e1mica inmobiliaria, la alta calidad de la tipologia edificatoria, el plazo<br \/>\nprevistote comercializaci\u00f3n, el riesgo previsible uy otras caracter\u00edsticas de<br \/>\nla promoci\u00f3n, se podr\u00e1 aumentar hasta un m\u00e1ximo de K = 1,50<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"margin-left: 36.0pt; mso-list: l0 level1 lfo1; mso-outline-level: 1; tab-stops: list 36.0pt; text-align: justify; text-indent: -18.0pt;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt; mso-fareast-font-family: Arial;\"><span style=\"mso-list: Ignore;\">c)<span style=\"font: 7.0pt &quot;Times New Roman&quot;;\">&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">Rn<br \/>\ncasos especiales de uso residencial unifamiliar,<span style=\"mso-spacerun: yes;\">&nbsp; <\/span>en municipios con escasa din\u00e1mica<br \/>\ninmobiliaria, viviendas sujetas a un r\u00e9gimen de protecci\u00f3n que fije el precio m\u00e1ximo<br \/>\nde venta que se aparten de manera sustancial de los valores medios de mercado,<br \/>\nnaves industriales<span style=\"mso-spacerun: yes;\">&nbsp; <\/span>u otras edificaciones<br \/>\nvinculadas a explotaciones <span style=\"mso-spacerun: yes;\">&nbsp;<\/span>economizas en<br \/>\nraz\u00f3n a factores objetivos que lo justifiquen podr\u00e1 disminuir hasta un m\u00ednimo<br \/>\nde K = 1,20<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">V = Valor en venta<br \/>\ndel metro cuadrado de edificaci\u00f3n del uso considerado del producto inmobiliario<br \/>\nacabado, calculado sobre una base de un estudio de mercado estad\u00edsticamente<br \/>\nsignificativo en euros por metro cuadrado edificable <\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">C = Valor de la construcci\u00f3n<br \/>\nen euros por metro cuadrado edificable, considerando como tal, precio de<br \/>\nejecuci\u00f3n material de la construcci\u00f3n mas los gastos generales del constructor<br \/>\nmas el beneficio industrial del constructor, los tributos que graven la construcci\u00f3n,<br \/>\nlos honorarios profesionales por proyectos y direcci\u00f3n de obra y otros gastos<br \/>\nnecesarios para la construcci\u00f3n del inmueble.<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">Y, el valor del suelo<br \/>\ndescontados<span style=\"mso-spacerun: yes;\">&nbsp; <\/span>los deberes y cargas<br \/>\npendientes, en euros:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">VS<sub>O<\/sub> = VS \u2013<br \/>\nG (1 + TLR + PR)<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span lang=\"EN-GB\" style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt; mso-ansi-language: EN-GB;\">Siendo:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">G = Importe en euros de<br \/>\nlos gastos y cargas de urbanizaci\u00f3n pendientes <span style=\"mso-spacerun: yes;\">&nbsp;<\/span>de materializar<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">TLR = tasa libre de<br \/>\nriesgo, equivalente al rendimiento interno de la deuda publica a plazo de entre<br \/>\n2 y 6 a\u00f1os, ultimo \u00edndice publicado por el Banco de Espa\u00f1a<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">PR = prima de riesgo<br \/>\nque varia seg\u00fan el tipo de promoci\u00f3n de que se trate, de acuerdo a los valores<br \/>\nde la siguiente tabla:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">El valor de (\u00a1 + TLR<br \/>\n+ PR) \u2264 K, que se haya considerado.<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">NOTAS EXPLICATIVAS.- <\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">1.- Hay que tener en<br \/>\ncuenta que con cada uno de los tres valores de K citados en el Reglamento, como<br \/>\ntipo general, m\u00e1ximo y m\u00ednimo, y distintos porcentajes de repercusi\u00f3n de suelo<br \/>\n(% S\/V) y coste de construcci\u00f3n (% C\/V) en relaci\u00f3n al valor en venta del<br \/>\nproducto acabado, estaremos considerando los siguientes porcentajes de<br \/>\nbeneficio sobre ventas (%B \/V)(incluyo gastos generales, gestion y promoci\u00f3n,<br \/>\nfinancieros, y por supuesto incluido el gasto por impuesto de sociedades del<br \/>\n30%), siguientes:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<table border=\"1\" cellpadding=\"0\" cellspacing=\"0\" class=\"MsoTableGrid\" style=\"border-collapse: collapse; border: none; margin-left: 50.4pt; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 480;\">\n<tbody>\n<tr style=\"mso-yfti-firstrow: yes; mso-yfti-irow: 0;\">\n<td colspan=\"3\" style=\"border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 185.4pt;\" valign=\"top\" width=\"247\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<b style=\"mso-bidi-font-weight: normal;\"><span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">K = 1,40<\/span><\/b><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 1;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">% S\/V<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">% C\/V<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">B\/V (%<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 2;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">20<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">51<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">33<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 3;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">25<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">46<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">33<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 4;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">30<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">41<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">33<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 5;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">35<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">36<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">33<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 6;\">\n<td colspan=\"3\" style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 185.4pt;\" valign=\"top\" width=\"247\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<b style=\"mso-bidi-font-weight: normal;\"><span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">K = 1,50<\/span><\/b><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 7;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">% S\/V<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">% C\/V<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">B\/V (%<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 8;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">20<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">47<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">29<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 9;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">25<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">42<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">29<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 10;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">30<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">37<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">29<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 11;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">35<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">32<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">29<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 12;\">\n<td colspan=\"3\" style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 185.4pt;\" valign=\"top\" width=\"247\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<b style=\"mso-bidi-font-weight: normal;\"><span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">K = 1,20<\/span><\/b><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 13;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">% S\/V<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">% C\/V<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">B\/V (%<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 14;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">20<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">63<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">17<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 15;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">25<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">58<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">17<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 16;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">30<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">53<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">17<\/span><\/div>\n<\/td>\n<\/tr>\n<tr style=\"mso-yfti-irow: 17; mso-yfti-lastrow: yes;\">\n<td style=\"border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 77.4pt;\" valign=\"top\" width=\"103\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">35<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">48<\/span><\/div>\n<\/td>\n<td style=\"border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 54.0pt;\" valign=\"top\" width=\"72\">\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">17<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">2.- El Reglamento no<br \/>\ndice nada sobre el caso de CCAA que tienen limitado el valor del suelo<br \/>\nurbanizado para Viviendas de protecci\u00f3n P\u00fablica. Pero es f\u00e1cil adaptar la K a estos casos.<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">3.- La deducci\u00f3n por urbanizaci\u00f3n<br \/>\npendiente de materializar se entiende que se aplica sobre un suelo urbanizado,<br \/>\npor tanto no en suelo urbanizable. El valor del suelo urbanizado parece pues,<br \/>\nque se comienza aplicar cuando se han iniciado las obras de urbanizaci\u00f3n, y<br \/>\nhasta ese momento el suelo se considera en situaci\u00f3n b\u00e1sica de suelo rural, a<br \/>\npesar de que tenga un planeamiento urban\u00edstico pormenorizado aprobado, aunque<br \/>\nel Reglamento no lo se\u00f1ala expl\u00edcitamente. A estos efectos recordar que en la nueva Ley del Suelo para<br \/>\nque una urbanizaci\u00f3n se entienda iniciada es necesario que conste un documento<br \/>\nde inicio de obras protocolizado notarialmente y firmado por los t\u00e9cnicos directores<br \/>\ndel proyecto.<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">4.- La deducci\u00f3n de<br \/>\nlos gastos pendientes de materializar el Reglamento los supone como si fuera un<br \/>\nvalor final al cabo de un a\u00f1o, y con este supuesto se explica la multiplicaci\u00f3n<br \/>\nde G por (1 + TLR + OR), pero no contempla el caso de que los gastos pendientes<br \/>\nse materializaran en un periodo mayor. Por ejemplo supongamos que la<br \/>\nurbanizaci\u00f3n pendiente se realiza en tres a\u00f1os con 1\/3 de inversi\u00f3n cada a\u00f1o,<br \/>\nen este caso suponiendo:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">TLR = 4,459% (mes de<br \/>\ndiciembre ultimo publicado por el Banco de Espa\u00f1a)<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">PR = 8 % edificaci\u00f3n<br \/>\nresidencial<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">Tendr\u00edamos como valor<br \/>\nfinal, que se ampliar\u00eda en:<\/span><\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"margin-left: 36.0pt; mso-list: l1 level1 lfo2; mso-outline-level: 1; tab-stops: list 36.0pt; text-align: justify; text-indent: -18.0pt;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt; mso-fareast-font-family: Arial;\"><span style=\"mso-list: Ignore;\">a)<span style=\"font: 7.0pt &quot;Times New Roman&quot;;\">&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">Supuesta<br \/>\nla inversi\u00f3n en un a\u00f1o. 1,1,12459<\/span><\/div>\n<div style=\"margin-left: 36.0pt; mso-list: l1 level1 lfo2; mso-outline-level: 1; tab-stops: list 36.0pt; text-align: justify; text-indent: -18.0pt;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt; mso-fareast-font-family: Arial;\"><span style=\"mso-list: Ignore;\">b)<span style=\"font: 7.0pt &quot;Times New Roman&quot;;\">&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">Supuesto<br \/>\nen tres a\u00f1os con inversi\u00f3n anual de 1\/3:<\/span><\/div>\n<div style=\"margin-left: 18.0pt; mso-outline-level: 1; text-align: justify;\">\n<\/div>\n<div style=\"margin-left: 18.0pt; mso-outline-level: 1; text-align: justify;\">\n<span style=\"font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; font-size: 11.0pt;\">1\/3 (1,124459<br \/>\n+ 1,2647 + 1,42227) = 1,27052<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>El pasado d\u00eda 10 de noviembre de 2011 entro en vigor el nuevo Reglamento de Valoraciones de la Ley del Suelo aprobado por el RD 1492\/2011, de 24 de octubre.\u2026 <a class=\"continue-reading-link\" href=\"https:\/\/prayde.com\/empresa\/reglamento-de-valoraciones-de-la-ley_17\/\">Continue leyendo<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[19,29,24,31],"class_list":["post-1850","post","type-post","status-publish","format-standard","hentry","category-sin-categoria","tag-legislacion","tag-suelo","tag-viabilidad","tag-vpo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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