Rent an apartment in Valencia

The Spanish real estate market continues to grow rapidly, especially in the new-build segment. Madrid, Malaga and Valencia are leading in terms of construction volumes, but housing prices are becoming less and less affordable for the majority of the population. Let's look at the reasons for this phenomenon and the prospects for investors and buyers.

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.