The Government Abolishes the ‘Golden Visa’ and Regulates Vacation Rentals
Abolition of the Golden Visa
The Government of Spain has decided to abolish the ‘Golden Visa’, a measure that allowed foreigners to obtain residency by investing more than 500,000 euros in real estate. This action is part of an amendment to the law on judicial efficiency and responds to the European trend of restricting these visas. The goal is to prevent real estate speculation and better control the market.
In addition, a new regulation for vacation rentals has been proposed. From now on, homeowner associations will have the authority to decide whether or not to allow vacation rental activities in their buildings. This measure aims to mitigate negative effects such as rent increases and gentrification, thereby preserving the residential character of neighborhoods.
Impact on the Real Estate Market and Opportunities for Investors
For investors and buyers interested in the real estate market of the Costa Brava, these changes represent a more regulated and predictable environment. At La Casa Das Haus Lloret de Mar, we are committed to helping our clients navigate these new challenges and opportunities. As the leading real estate agency in the Costa Brava, we offer expert advice and customized solutions for all your real estate needs.
Contact La Casa Das Haus
We invite you to contact us to discuss how these new regulations may affect your investment plans and to explore the best opportunities available in the market. Our team of experts is here to guide you and ensure that your investments are safe and profitable.
