I remember recently reading in the paper about a new law being passed regarding noise nuisance it might be worth asking in the foreigners office about it and what the best way to proceed would be before going along the lines of a Denuncia
Yes, there is anew legislation about noise pollution - though I don't have the details. I would assume it is national (Human Rights stuff - the "right to peaceful enjoyment of your property" would be my guess, and a solicitor should have the details.
A "Denuncia" simply means the Police HAVE to take action - when they do is then up to them. Court proceedings would be much further down the line and would involve you taking civil action against your neighbours. The cost would be such that personally I would sell the house, even if you took a bit of a loss on it, and move as the cheaper option.