Finance

In order to open a tourist apartment in Spain, the owners’ and neighbours’ community must now approve the opening. This new law was introduced by the government to “empower” residents and reduce the use of their homes for tourists in a housing crisis. In some areas of Spain, the house prices are increasing uncontrollably. It is harder to find an …

In over 40 Spanish cities, there are plans for massive demonstrations against a housing shortage that has forced many citizens out of the market. The unprecedented mobilisation encompasses almost all major cities plus dozens of smaller towns that collectively represent over a third of the entire population of the country – and more could join the list. Under the slogan …

Three monumental halls are being proposed to celebrate the centenary anniversary of the 1929 International Exposition held on Montjuic. These proposals provide a sneak peek into the first phase for the complete renovation of Barcelona’s Montjuic hill complex.   The proposals look at the renovation from different angles. The first plan is centered on the construction and renovation of the existing …

AI takeover, or just tech-talk? Billionaire predicts that teachers and doctors will be replaced by robots as the workweek is reduced. Bill Gates, 1995. Bill Gates at the National Press Club Luncheon in 1995. Bill Gates spoke about ” The Road Ahead” his new book. Credit: Shutterstock, mark reinstein Bill Gates’ predictions of 2035 are being repeated, but will they …

The Community Property Owners Associations will be able to exercise a veto on Thursday over the use of homes as tourist accommodations. The policy of allowing tourist rentals to be established in apartment blocks without the need for neighbours’ permission has been reversed. The Horizontal Property Law will be amended to require that owners obtain approval from their owners’ association …

Two areas on the Costa del Sol – Marbella, and Velez-Malaga – have topped Spain’s list of largest house price increases in the first three month of 2025. The figures were compiled by IMIE Local Markets based upon appraisals performed by Tinsa. Velez Malaga was the top performer with a 17.6% increase compared to 2024’s same quarter. Marbella came in …

Welcome back. We have some news to share with our readers. This is my final Europe Express Weekend newsletter for The Financial Times. I am retiring. Ben Hall will succeed me. You can reach him at ben.hall@ft.com. I’ve been at the FT for 28 years, but my journalism career began 16 years before that, in 1981, as a correspondent for …

Selling property in Spain is a challenging but exciting process, particularly if you are looking to sell as quickly as possible and for the best price. Understanding the dynamics of the market and using effective strategies can help you sell your property, whether you’re an expat or local homeowner. We’ll guide you through all the steps from determining a fair …

LOCALS are warning they could be ‘expelled’ from Spanish holiday islands if mass tourism continues to exacerbate the housing crisis.  Balearic Island real estate associations have issued an urgent letter to Spanish prime minister Pedro Sanchez warning they will be ‘condemned to expel their own people’ due to housing difficulties.  The Balearic Real Estate Association and the Real Estate Agents …

Credit: Shutterstock, Regissercom Credit: Shutterstock, Regissercom Greece has launched its supercomputer, which is the latest in the race to be the fastest. Daedalus. The €41 million project, awarded to HP Hellas after an international tender, is being led by the Ministry of Digital Governance. As reported, the contract will be signed on March 26th, marking the official beginning of development. …