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RENEWABLE ENERGY
Spain leads the EU in renewable energy. Spain leads Europe in renewable energy thanks to its sunny and windy location, combined with ambitious policies and innovative industry. The country is currently installing twice as much solar...
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Housing law 12/2023
Effects of 12-month housing law in Spain: drop in supply and rise in prices The introduction of Housing Law 12/2023 in Spain has led to a drastic drop in supply and an increase in rents. Although the law was meant to stabilise the...
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EXPROPRIATION OF BEACH FLATS
Spain has the power to expropriate beach flats and then grant the owner a 30-year right of use. The Spanish government is considering expropriating beach flats and other coastal properties to protect the coastline from rising sea...
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RECORD PROPERTY SALES SPAIN 2023
Foreigners dominate the Spanish housing market with 21.1% of total sales, the highest ever. In the second half of 2022, they purchased 70,163 homes, an increase of 9.7% year on year. Non-residents pay a record price of almost €2600/m2....
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2024 OUTLOOK
2024 outlook: Europe's property market set for revival, driven by AI and tourism growth. Key factors include potential interest rate cuts, ECB and BoE actions, and economic recovery. Deloitte predicts real estate firms repositioning in...
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