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Real estate agents say scrapping of Golden Visa will cause ‘irreparable’ economic damage to Spain’s Costa Blanca

‘IRREPARABLE’ damage will be done to the real estate sector and tourism on the Costa Blanca if the government abolishes the so-called Golden Visa. That’s the view of the Alicante Real Estate Agents Association (COAPI) and its president Marife Esteso, amidst warnings that foreign investors would ‘disappear’ from the area. Prime Minister, Pedro Sanchez, announced...

Real estate agents say scrapping of Golden Visa will cause ‘irreparable’ economic damage to Spain’s Costa Blanca

‘IRREPARABLE’ damage will be done to the real estate sector and tourism on the Costa Blanca if the government abolishes the so-called Golden Visa. That’s the view of the Alicante Real Estate Agents Association (COAPI) and its president Marife Esteso, amidst warnings that foreign investors would ‘disappear’ from the area. Prime Minister, Pedro Sanchez, announced his intention this week to scrap...

Real estate agents say scrapping of Golden Visa will cause ‘irreparable’ economic damage to Spain’s Costa Blanca

‘IRREPARABLE’ damage will be done to the real estate sector and tourism on the Costa Blanca if the government abolishes the so-called Golden Visa. That’s the view of the Alicante Real Estate Agents Association (COAPI) and its president Marife Esteso, amidst warnings that foreign investors would ‘disappear’ from the area. Prime Minister, Pedro Sanchez, announced his intention this week to scrap...

EXCLUSIVE: Ending the golden visa in Spain is a ‘big blow’ to British and US buyers, say property experts – as political leaders brand it ‘senseless’ and ‘anti-business’

THE ending of the golden visa scheme in Spain has been met with a wave of criticism, particularly in high-value areas like the Costa del Sol. Prime Minister Pedro Sanchez announced yesterday that the programme, which grants foreigners residency when they buy a home for €500,000 or more, is to be scrapped. The socialist PSOE...

Shrinking rental stock in Spain is blamed on ‘destructive’ new housing law as landords opt for tourist lets – sparking a tourism backlash on the Canary Islands and elsewhere

RISING rental pressures have been blamed on Spain’s new Housing Law 2023, which has seen landlords choose to take their properties off the market. This is according to a new report from idealista, who claim that the number of applicants for each apartment advertised on their web portal have increased on average by over half...

EXCLUSIVE: Ending the golden visa in Spain is a ‘big blow’ to British and US buyers, say property experts – as political leaders brand it ‘senseless’ and ‘anti-business’

THE ending of the golden visa scheme in Spain has been met with a wave of criticism, particularly in high-value areas like the Costa del Sol. Prime Minister Pedro Sanchez announced yesterday that the programme, which grants foreigners residency when they buy a home for €500,000 or more, is to be scrapped. The socialist PSOE leader cited ‘too much property speculation’ in the biggest cities, amid...

EXCLUSIVE: Ending the golden visa in Spain is a ‘big blow’ to British and US buyers, say property experts – as political leaders brand it ‘senseless’ and ‘anti-business’

THE ending of the golden visa scheme in Spain has been met with a wave of criticism, particularly in high-value areas like the Costa del Sol. Prime Minister Pedro Sanchez announced yesterday that the programme, which grants foreigners residency when they buy a home for €500,000 or more, is to be scrapped. The socialist PSOE leader cited ‘too much property speculation’ in the biggest cities, amid...

Shrinking rental stock in Spain is blamed on ‘destructive’ new housing law as landords opt for tourist lets – sparking a tourism backlash on the Canary Islands and elsewhere

RISING rental pressures have been blamed on Spain’s new Housing Law 2023, which has seen landlords choose to take their properties off the market. This is according to a new report from idealista, who claim that the number of applicants for each apartment advertised on their web portal have increased on average by over half across Spain year-on-year. Unsurprisingly, the strife-ridden Canary Islands sees...

Shrinking rental stock in Spain is blamed on ‘destructive’ new housing law as landords opt for tourist lets – sparking a tourism backlash on the Canary Islands and elsewhere

RISING rental pressures have been blamed on Spain’s new Housing Law 2023, which has seen landlords choose to take their properties off the market. This is according to a new report from idealista, who claim that the number of applicants for each apartment advertised on their web portal have increased on average by over half across Spain year-on-year. Unsurprisingly, the strife-ridden Canary Islands sees...

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