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Keywords: HOUSING


Spain braces for significant rent increases as contracts expire

Rental contracts signed in Spain during 2020 are set for renewal this year, raising concerns over substantial price hikes for hundreds of thousands of tenants. The phenomenon, dubbed the ‘great rent hike’ by the Spanish press, reflects the tumultuous shifts in the rental market over recent......

Is Spain's property market on the brink of a bubble?

The Bank of Spain recently issued a cautionary note, indicating that signs of a property bubble may be emerging in the country. As house prices soar to historic levels, the question arises: is Spain witnessing a real estate bubble, and if so, could it burst within the next year? A property bubble is......

Spain's proposed 100% tax on foreign property buyers sparks legal concerns

Following Spain's announcement of a proposed 100 percent tax on property purchases by non-EU non-residents, legal and real estate experts are raising significant concerns regarding its viability and legality. The initiative, spearheaded by the Socialist-led government, aims to curb foreign speculation......

Spain proposes hefty tax on foreign property buyers

Since the local Spain broke the news that the Spanish government has lodged a draft bill to charge non-EU, non-resident home buyers a 100 percent tax, there have been doubts about how much this tax would truly amount to. The Socialist government of Pedro Sánchez last week presented a draft law......

Spain's ambitious tax measures to tackle housing crisis

The Spanish government has unveiled a draft bill aimed at curbing speculation in the housing market through a series of fiscal measures, notably introducing a 'supertax' targeting non-EU non-resident property buyers. This legislation seeks to address the pressing challenges of rising rental costs......

Spain proposes 100% tax on non-EU property buyers amid housing crisis

Spain’s Socialist government on Thursday registered in the Congress its draft law for a 100 percent tax on non-resident non-EU property buyers, suggesting it intends to follow through on the proposal made by Prime Minister Pedro Sánchez last January. On Thursday, Spain’s PSOE-led......

Sadiq Khan's greenbelt betrayal: Londoners demand accountability

In a recent and alarming development, Mayor Sadiq Khan has announced plans to encroach upon London’s cherished greenbelt, a move that many residents view as a profound betrayal. This decision threatens the environmental sanctity of the capital, raising urgent questions about the Mayor’s priorities. Khan,......

Catalonia Delays Tourist Tax Hike to Fund Housing Initiatives

The Catalan government (Govern) and the political group Comuns reached an agreement on Friday involving four housing-related measures. This deal was made in exchange for accepting a decree passed earlier this week that postpones the increase of the tourist tax in Catalonia. Jéssica Albiach, leader......

Canary Islands prepare for renewed protests against overtourism

In a poignant response to ongoing frustrations, residents of Spain’s Canary Islands are set to take to the streets once more on May 18th. The protest, organized by the group 'Canarias tiene un límite' (The Canary Islands have a limit), aims to address the mounting concerns regarding......

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