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Keywords: Property


Valencia mayor under fire for prioritizing digital nomads amid housing crisis

Valencia’s mayor, María José Catalá, is facing criticism for allocating €112,000 of public funds to attract digital nomads despite evidence linking their presence to rising housing costs. Critics argue that this policy exacerbates the housing crisis already affecting locals. Ferran......

Morocco reports high-grade copper findings at BMR property near Ouarzazate

Morocco Strategic Minerals Corporation has announced significant discoveries from its recent sampling program at the BMR copper-gold property located southeast of Ouarzazate. The program, completed in May, focused on a prominent mineralized structure covering approximately 9 km². The BMR property......

Spain's controversial 100 percent property tax on foreign buyers

Recent developments in Spain have sparked concern among potential foreign property buyers as the government advances plans to impose a staggering 100 percent tax on certain overseas home purchases. This proposal, aimed at addressing the nation’s escalating housing crisis, raises critical questions......

Spain's proposed 100 percent tax on non-EU property buyers raises concerns

Since The Local Spain reported the Spanish government’s intention to impose a 100 percent tax on property purchases by non-EU non-residents, questions have arisen regarding the specifics of this tax. This draft bill, introduced by the Socialist government of Pedro Sánchez, aims to address......

Spain's shifting property policies and evolving consumer habits

Recent developments in Spain reveal the government’s intensified focus on regulating foreign property purchases and shifting perceptions of house brands among Spanish consumers. Foreign property buyers from affluent Western nations are increasingly feeling the pressure from Spanish authorities.......

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's proposed 100% tax: A double-edged sword for non-EU home buyers

A draft law proposing a 100 percent tax on non-EU, non-resident home buyers in Spain has sparked significant controversy and confusion. This initiative, introduced by Spanish Prime Minister Pedro Sánchez, aims to curb what he describes as "foreign speculation" in the property market.......

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......

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