Spanish Prime Minister Pedro Sรกnchez announced plans to impose significant restrictions on property purchases by non-EU buyers in Spain. The proposed measure would introduce a ๐ญ๐๐ฑ ๐จ๐ ๐ฎ๐ฉ ๐ญ๐จ ๐๐๐% ๐จ๐ง ๐ญ๐ก๐ ๐ฏ๐๐ฅ๐ฎ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ made by buyers residing out ...
A Look at 2024
Spain's property market defied global trends in 2024, posting a remarkable 10% sales growth in the first nine months and surpassing 500,000 transactions. A standout third quarter saw a 16% year-on-year increase, with Malaga Province leading the charg ...
Spain Golden Visa ends 3.4.25
The Spanish government has announced that the 'Golden Visa' program, which grants residency permits in exchange for investments, will end on 3rd April 2025. After this date, no further permits will be issued under this scheme. The 'Golden Visa' pr ...
Spain Slaps Sanctions on Airbnb
Airbnb faces fines of up to โฌ100,000 (maybe more*) from the Spanish authorities for failing to remove thousands of unlicensed tourist apartment listings, despite prior warnings. This comes after Spain's Consumer Affairs Ministry launched formal sanc ...
Introducing the IAA
A new professional network for independent real estate agents has launched in Spain's Costa del Sol. The Independent Associate Agents (IAA) network, established by LM Group and LMG Academy co-founder Marina Nitzak, aims to provide operational support ...
Breakfast of Champions
You may have heard that the local agents association the LPA - The leading property agents of Spain held a real estate breakfast presentation earlier this week. Plenty to unpack, Iโll do something more in-depth another day but for now, the main ta ...
Meh Month for Spanish Real Estate
The number of properties sold in Spain in May 2024 increased by a moderate 3% year-on-year, reaching 62,485 homes, with the average price per square meter at โฌ1,681, representing a 1.3% annual increase, according to official figures from Spain's Nota ...
What Goes Up…
Following two consecutive months of increases, property sales in Spain in March 2024 reached 56,559 a drop of 13.7% year-on-year, figures from Spain's Notaries show. However, it should be noted that sales in March were ๐ฎ๐ฉ against February by 3,417 pr ...
New Short-Term Rentals Rules on Costa del Sol
The real estate market in Costa del Sol is experiencing significant shifts in regulations regarding short-term rentals, impacting both buyers and agents. Recent judgments and regulations have introduced new considerations for those looking to invest ...
Despite Spain Sales Drop, 4th Best since 2007
In 2023, the real estate landscape experienced significant shifts, as highlighted by recent statistics. Despite a notable 11.2% annual decrease in home sales, the market saw a surprising 1.5% increase in prices. These numbers underscore a dynamic yea ...