Clavijo Takes to Brussels His Plan to Restrict the Sale of Homes to Foreigners
4 Articles
4 Articles
The European Parliament is working on a law that would give EU local authorities the right to limit the purchase of holiday homes by non-resident foreigners.
The European Parliament could adopt a law that gives EU cities the right to limit the purchase of holiday homes by non-resident foreigners.
The Canary Islands asks Europe to intervene in the real estate market by limiting the purchase to foreigners and raising taxes to empty houses.
The president of the Canary Islands, Fernando Clavijo, wants housing to be one of the matters that remain "enrailed" before the end of the legislature and places among its main objectives to make it possible for the Canary Islands to limit the purchase of housing by foreigners when the real estate is not destined to habitual residence. The president considers that it is not enough to increase the supply of housing: it is also necessary to act on…
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