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Category

Housing

Latest Housing news and updates about Spain.

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housing

Residents of Talavera de la Reina Appeal to Qatari Emir for Compensation

In a remarkable display of community solidarity, residents of Talavera de la Reina, a town in the province of Toledo, Spain, have launched a collective appeal to the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, seeking compensation for what they claim are unresolved issues stemming from a significant investment project.

Background of the Dispute

The controversy revolves around a large-scale real estate development project initiated several years ago, which was backed by Qatari investors. The project, intended to transform a significant portion of the town, included plans for luxury housing, commercial spaces, and other infrastructure. However, the project has been plagued by delays, financial issues, and allegations of mismanagement.

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housing

The Struggle of Spain's 'Generation of Crystal': Unable to Afford Independence

In a stark reflection of Spain's escalating housing crisis, a growing number of young professionals, dubbed the 'Generation of Crystal' (Generación de Cristal), are finding themselves trapped in a cycle of unaffordability, despite being employed. This demographic, characterized by their fragile financial stability, is facing unprecedented challenges in securing decent housing.

The Housing Dilemma

The term 'Generation of Crystal' was coined to describe the delicate and vulnerable financial situation of many young Spaniards. These individuals, often with stable jobs and decent incomes, are still unable to afford the basic necessities of independent living due to the soaring costs of housing. In cities like Madrid, Barcelona, and Valencia, the average price per square meter for new builds has exceeded €3,000, a figure that has risen by 5.5% in 2024 alone and by 52% since the post-property bubble low in 2008[2].

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housing

New Affordable Housing Project in Alisal, Santander, Gains Momentum

In a significant development for the city of Santander, the construction of three new buildings dedicated to affordable housing (VPO - Viviendas de Protección Oficial) in the Alisal neighborhood has been put out to tender. This initiative is part of a broader effort to address the housing needs of the local community and enhance the urban landscape of the area.

Project Details

The project, which is expected to commence in the near future, involves the construction of three residential buildings designed to provide high-quality, affordable housing. The buildings will be located in the Alisal neighborhood, a area that has seen considerable development in recent years aimed at improving the quality of life for its residents.

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housing

Significant Changes in Spain's Property and Residency Rules Affect Expats in 2025

Spain is poised to implement major changes in its property and residency rules, which will significantly impact expats and non-resident buyers. Here’s what you need to know:

End of the Golden Visa Program

The Spanish Congress has voted to end the Golden Visa program, which has been a popular route for non-EU citizens to gain residency in Spain through property investment. Launched in 2013, this program allowed investors to obtain residency by investing at least €500,000 in Spanish property, with minimal stay requirements. However, applications for the Golden Visa will no longer be accepted after April 2025. Existing visa holders can still renew their visas, but new applicants must act swiftly to meet the deadline[3].

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housing

Spain Cracks Down on Holiday Rentals and Tackles Housing Shortages

In a significant move to address the escalating housing crisis and soaring rents, Spanish Prime Minister Pedro Sánchez has announced a series of stringent measures targeting the holiday rental market. This initiative is part of a broader strategy to ensure affordable housing and combat fraud in the rental sector.

Tax Increases on Holiday Rentals

Speaking at an economic forum on the future of affordable housing in Madrid on January 13, 2025, Prime Minister Sánchez outlined plans to raise taxes on holiday rentals. The proposal aims to align the tax rates of these rentals with those of businesses, such as hotels, which currently pay a reduced 10% value-added tax (VAT). Sánchez emphasized that it is unfair for individuals with multiple short-term rental properties to pay less tax than hotels or workers.

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housing

Spain Introduces Sweeping Changes to Tackle Housing Crisis and Overtourism

In a bid to address the escalating housing crisis and the impacts of overtourism, the Spanish government has announced a series of stringent measures targeting the short-term rental market, particularly platforms like Airbnb.

Tax Hikes on Holiday Rentals

Spanish Prime Minister Pedro Sanchez has unveiled plans to increase taxes on holiday rentals, aiming to align them with business tax rates. This move is part of a broader strategy to combat the housing shortages and soaring rents that have become pervasive across the country. Sanchez emphasized that it is unfair for short-term rental owners to pay less tax than hotels or workers, highlighting the need for a more equitable tax system[1].

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