Overview

• Spain hosted a record 94 million international visitors in 2024 with forecasts of up to 100 million this year.
• The Bank of Spain calculates a deficit of 450,000 homes and highlights the need for expanded public housing.
• Tens of thousands joined protests in Madrid, Barcelona and the Canary Islands demanding caps on short-term rentals.
• The government is proposing a 100% tax on non-EU property buyers to limit speculative investments in key cities.
• Cuerpo emphasized a multifaceted strategy that combines market regulation with increased housing construction.