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Spain is preparing to introduce serious restrictions for foreign buyers of real estate who are not residents of the European Union. The government plans to raise taxes, establish a residency requirement and cancel the “golden visa” program for investors. Experts predict a decrease in the inflow of foreign capital into the housing market.
Malaga, a popular tourist city in southern Spain, is taking drastic measures to regulate short-term rentals for tourists. The new rules affect 43 areas of the city, including the historic center and coastal areas. Authorities are seeking to find a balance between developing the tourism sector and ensuring housing is affordable for the permanent population.
The squatting problem in Spain has reached the scale of a national crisis. We will consider the reasons for the increase in the number of housing seizures, analyze the impact of squatting on the real estate market. We will discuss the contradictions in the current legislation and give recommendations to property owners on how to protect their property.
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Buying an apartment in Spain is an exciting step that can be the beginning of a new chapter in your life. Spanish cities and coasts offer a wide range of real estate, among which you can find both new and secondary options. Let's take a look at the main types of real estate that can be purchased in Spain and understand the nuances of the choice. The Spanish real estate market offers a huge selection of objects for all types of buyers. Whether you are looking for a cozy studio in the city center or a spacious penthouse with sea views, you can find the right option and make your dream of living in Spain a reality.