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Foreign property purchases in Spain: Record highs despite government restrictions

The Spanish real estate market continues to attract foreign buyers, even as the government implements measures to limit their participation. Recent legislation, including the elimination of the golden visa scheme and discussions of a supertax on non-resident non-EU property buyers, aims to curb the soaring......

How to avoid rental scams in Spain: Essential tips for newcomers

Finding a place to live in a new country can be daunting, especially when faced with the risk of fraud. In Spain, the current housing crisis has intensified competition for rental properties, making it vital for newcomers to be vigilant against scams. With many foreigners entering the market, scammers......

Bank of Africa launches 'Les Escales de l’Immobilier' event series

In a bold move to enhance client engagement in the real estate sector, Bank of Africa has announced the launch of its new event series, "Les Escales de l’Immobilier." Following the success of its previous edition in Fès, this national tour will make stops in Nador, Oujda, Marrakech,......

Spain's AI tourism initiative and failed foreign property purchase restrictions

In this week’s Inside Spain, we explore a groundbreaking initiative in the coastal town of Benicassim that aims to transform the tourist experience through artificial intelligence (AI), alongside the recent rejection of a proposal to restrict foreign property purchases. AI technology is increasingly......

New proposals in Spain aim to limit foreign property purchases

A Spanish political party has proposed new measures to restrict foreign individuals from purchasing property in Spain unless they can demonstrate a minimum of five years of continuous residency. The Republican Left of Catalonia (ERC) has introduced a non-legislative motion in the Spanish Congress advocating......

The rising tide of tourism: How Spain's 'B cities' are grappling with housing challenges

Concerns about escalating rental prices and cultural shifts driven by the influx of tourist accommodations are increasingly affecting Spain's smaller 'B cities.' These cities are now facing similar challenges to those seen in traditional tourist hotspots. In 2024, Spain witnessed widespread......

Optimistic outlook for real estate in Morocco by 2025

The Moroccan real estate sector is poised for a promising future in 2025, fueled by a wave of optimism surrounding the upcoming 2030 FIFA World Cup. Amine Mernissi, a prominent real estate expert and author of the guide "Répons'IMMO," highlighted this potential in a recent interview......

Property prices in Spain soar to historic highs

The average price of a pre-owned home in Spain has surged to a record €2,271 per square metre following a 1.5 percent monthly increase in February, as reported by property portal Idealista. This marks a 1.2 percent rise over the last three months, setting a new benchmark for Spain's leading......

H&S Invest Holding expands real estate portfolio with GIDNA partnership

H&S Invest Holding, chaired by Moncef Belkhayat, has taken a significant step in its growth strategy by acquiring a co-controlling 25% stake in GIDNA, a Moroccan company specializing in construction and public works. This move, pending approval from the Competition Council, aims to drive GIDNA’s......