FIGURES released this week show that more than 800 shops, bars and other local businesses in Malaga have been turned into homes over the past ..read more

THE Catalan regional government has approved an amendment to its housing law which will close a key ‘loophole’ that allowed landlords to evade the introduction ..read more

AIRBNB and Booking.com are coming under fire for ‘forcing locals out’ of major cities across Spain.  The problem, according to youngsters in Malaga, Barcelona, Sevilla ..read more

Have you been caught up in this story? Email tips@theolivepress.es A GROUP of British tourists have endured a holiday nightmare after discovering their luxury villa ..read more

YOUNG people in Spain need to save for up to 61 years to afford a 100m2 flat, a study has revealed.  Ibiza has made headlines in recent years for its housing crisis, with many people sleeping in their cars and renting out sofas to house hunters.  Now, a study by Ener2Crowd, has revealed Vila, Ibiza, is the hardest place in Spain to buy property, with young people needing to save some 61 years to afford a 100m2 flat.  According to the crowdfunding platform, on average it takes 53 years to save up for property in the Balearic Islands, making it ..read more

A STUDY has suggested nine out of ten new homes on the Costa del Sol are being reserved by foreign buyers. The data has come from a report by major developer AEDAS Homes, entitled Profile of the International Buyer of New Construction Homes 2023. The study, based on a sample of more than 400 clients, says the construction of new homes to international buyers grew by 13% in 2023. Meanwhile, on the Costa del Sol, nine out of 10 brand new homes are being reserved by foreign purchasers. READ MORE: Revealed: The most popular locations for ‘golden visa’ homebuyers in ..read more

NORTHERN Spain led an important turn round for February property sales in the country- after a year of monthly declines in real estate deals. The National Institute of Statistics (INE) revealed on Monday that there was a 5.8% increase in February compared to a year earlier, reversing a trend of sales falls. The regions with the highest increases were Navarre (50.6%), Galicia (38.4%) and Murcia(19.5%). READ MORE: On the other hand, the Canary Islands (-12.0%), the Balearic Islands (-10.3%) and Andalucia (-1.5%) registered the largest year-on-year decreases. A total of 52,796 operations were reg ..read more

THE successful La Sala restaurant empire has officially expanded into property after launching its own real estate business. La Sala Homes opened its doors to the who’s who of Marbella on Friday night – including Mayor Angeles Muñoz – as it inaugurated its first ever office. The estate agency is situated next door to the flagship La Sala restaurant in Puerto Banus. More information about its services can be found at lasalahomes.com. Guests were welcomed with glasses of cava while a live violinist serenaded the crowds as they spilled out onto the street. Later in the evening, attendees headed u ..read more

I HAVE noticed a strong trend in recent years, accelerating since the pandemic, for Marbella to become a destination of choice for luxury home purchases. It seemed to me that luxury home sales and purchases were becoming a growing part of the overall real estate market. This was largely a phenomenon that was anecdotal, based on my experience. I wanted to confirm whether it was actually the case and not just my perspective, so I dug into the numbers. READ MORE: Spain’s real estate sector is crying out for better standards, writes Adam Neale SPAIN’S BOOMING LUXURY MARKET The luxury ..read more

RESIDENTS on the Costa del Sol will be breathing a sigh of relief after recent rains reversed the decision to ban the filling of private pools. Estepona has become the first municipality in Malaga province to announce that urbanisation swimming pools as well as private ones will be permitted to be filled and refilled during the summer. The mayor, Jose María García Urbano, thanked the recent rains for the decision, which have surged the region’s water capacity to levels similar to those reached last year. READ MORE: Drought latest: Town halls are given the power to lift the ban on ..read more