Spain Proposes to the Eu to Limit the Purchase of Non-Living Housing in the Canary Islands
6 Articles
6 Articles
The Association of National and International Real Estate Agencies (ABINI) has expressed its rejection of the proposal put forward by the Government of Spain, chaired by Pedro Sánchez, to limit the acquisition of housing for non-residential uses in regions such as the Canary Islands, with the aim of containing prices and facilitating access to housing for young people and vulnerable groups. ABINI considers this to be an interventionist measure, …
The objective is to reduce pressure on the real estate market and to facilitate access to a home for young people and vulnerable groups on the islands
The approach taken by the European Commission would restrict the purchase of housing by non-resident investors for seasonal or tourist rent. Read
What measures does Spain propose for the ORs?
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