Spain has announced plans to impose a groundbreaking tax of up to 100% on the value of properties purchased by non-residents from outside the European Union, including the UK.
The measure, described as “unprecedented” by Prime Minister Pedro Sánchez, is aimed at addressing the country’s deepening housing affordability crisis.
Speaking at an economic forum in Madrid, Sánchez argued that the policy was necessary to combat the growing disparity between wealthy property owners and struggling tenants. “The West faces a decisive challenge: To not become a society divided into two classes, the rich landlords and poor tenants,” he said.
Sánchez revealed that in 2023 alone, non-EU residents purchased 27,000 properties in Spain, largely for investment purposes rather than residency. “In the context of the housing shortage that we are in, [we] obviously cannot allow this,” he stated, emphasizing that the government’s priority is to make homes available for Spanish residents.
The prime minister’s office explained that the proposed tax aligns with policies in countries like Denmark and Canada, where similar measures restrict non-resident property purchases. While specific details and timelines for parliamentary approval remain unclear, the proposal is expected to undergo further study before implementation.
The announcement has already sparked concern among prospective property buyers from the UK. Michele Hayes, a retiree from Manchester who had been searching for a home near Alicante, said the proposal gave her pause.
“We could look at buying quickly before the tax comes in, but we don’t know what could happen in the future,” Hayes said. “Selling could be tough if we can no longer sell to non-residents, especially a holiday home property in a touristy area.”
Similarly, Martin Craven from London said the uncertainty surrounding the proposal had made him reconsider. “I definitely wouldn’t consider trying to get in before this tax because who knows what else they could do — a retrospective tax or a tax on existing owners. I’ll be looking at Cyprus now instead.”
Others, like Julian Hunt from Surrey, expressed frustration, arguing that the policy ignores the economic benefits brought by non-resident buyers. “I would want to be out there four to six months a year, spending money, buying food and drink, paying taxes,” Hunt said. “This policy is losing sight of those of us who want to contribute to the local economy.”
The tax proposal is part of a broader housing reform package announced by Sánchez on Monday. Other initiatives include: Tax breaks for landlords who provide affordable housing, Transferring 3,000+ homes to a newly established public housing body, Increased regulation of tourist flats and higher taxes on short-term rentals.
“It isn’t fair that those who have three, four, or five apartments as short-term rentals pay less tax than hotels,” Sánchez said, defending the push to tighten restrictions on tourist accommodations.
While the measures have drawn criticism from international buyers, Sánchez maintains they are essential to prioritize housing for residents amid a growing affordability crisis. However, with his coalition government often struggling to pass major legislation, the success of the proposed tax remains uncertain.
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📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞<<<<recruitement form="" is="" out="" we="" are="" replacing="" a="" new="" officers="" interested="" applicant="" should="" contact="" us="" for="" more="" informationINFORMATION IS FROM THE NIGERIA PORT AUTHORITY FOR AUCTION >Custom Auctions Is Up Again and Granting Nigerians the
Privilege to Own Vehicles at Affordable RatesFOR MORE INFORMATION Call or message on WhatsApp(Officer Omar Patrick)) 07O ___-6875 __-7992
RICE AVAILABLE FOR SALES ARE :-
MamaGold=30,500
Royal umbrella=30,500
Mama Gold=30,500
Rising sun=30,500
Mama Africa=30,500
Elephant Gold=30,500
Caprice =30,500
NOTE: Delivery fee IS (#5000) which must be paid before we ensure your delivery..
*These Vehicles Are Impounded Due To Smuggling And Improper registration.*
*These Vehicles Are Direct Tokunbo and Has Never Been Used In Nigeria.*.For any purchase
Call the officer((Omar Patrick))
07O -6875 _-7992
#TOYOTA
TOYOTA CAMRY ₦2.2 650,000
TOYOTA CAMRY ₦2.4 850,000
TOYOTA COROLLA ₦900,000
TOYOTA MATRIX ₦800,000
TOYOTA SIENNA ₦950,000
TOYOTA RAV4 ₦1.2 MILLION
TOYOTA VENZA ₦3.5 MILLION
TOYOTA CAMRY SPIDER ₦1.8 MILLION
TOYOTA HIACE BUS ₦2.5 MILLION
TOYOTA PRADO ₦4 MILLION
TOYOTA HIGHLANDER ₦1.8 MILLION
•Toyota Land Cruiser-N1.3m
•Toyota Prado N1.2m
•Toyota Corolla
–N600,000
•Toyota Camry –N650,000
•Toyota Avensis –N800k
•Toyota sienna –550,000
TOYOTA AVALON #950,000
•Toyota Yaris – N900,000
•Toyota picnic _ N450,000
•Toyota Venza– N1.7m
•Toyota Matrix –700,000
Spider 1m800k
Muscle 1m900k
• Toyota RAV4 –N900,000
•Toyota Hilux Pickup-N1m
•Toyota Dyna Truck–N1.3million
•Toyota 4 Runner–N1m
tundra 2.670,000
tacoma 2.5Million
•Toyota Hiace Bus –N1.5m
•Toyota Highlander-N1.2m
•Toyota Big daddy-800k
Toyota Camry Big Daddy=N550,000.
Toyota Camry Tiny-Light=N400,000.
Toyota Avenza =N950,000. To 1.3 million
Toyota Hilux=N 1.2 million
Toyota Avensis=N450,000.
Toyota Camry Muscle=N 600,000. & Spider=N650,000.
Toyota Avalon=N600,000.
Toyota Rav4 SUV=N850,000.
Toyota Sienna=N600,000.
Toyota 4Runner=N800,000.
Toyota Tundra=N 1.8 Million
Toyota picnic=N450,000.
Toyota Highlander=N1m550,000. to 2m
Toyota Corolla=N500,000.
Toyota Prado=N950,000. To 3.4 million
Toyota LandCruisser=N950,000. to 3m
Toyota Yaris=N750.000.
Toyota Matrix=N550,000.
Toyota Haice Bus=N 950,000 to N 1.3 Million
Toyota Camry 2.4M Tiny-Light ₦850.000
Toyota Camry Big-Daddy ₦950.000
Toyota Camry Muscle ₦1.2M
Toyota Camry Spider ₦1.3M
Toyota Avalon ₦2.2M
Toyota Avensis ₦1.2M
Toyota Corolla ₦950.000
Toyota Yaris ₦1.2M
Toyota Matrix ₦900.000
Toyota Picnic ₦1.1M
Toyota Sienna ₦2.1M
Toyota Venza ₦3.2M
Toyota Rav4 ₦1.1M
Toyota 4Runner ₦1.8M
Toyota Hiace-Bus ₦2.9M
Toyota Highlander ₦2.3M
Toyota Land Cruiser ₦4.6M
Toyota Tundra ₦4.8M
Toyota Prado ₦5.3M
Toyota Land Cruiser-N12.5 million
• Toyota Prado N10 million
• Toyota Corolla –N8m
• Toyota Camry -N7.8 M
• Toyota Avensis – N7M
• Toyota Yaris – N6m
• Toyota Venza – N8 million
• Toyota RAV4 SUV –N10milli
• Toyota Hilus Pickup-N9m
• Toyota Dyna Truck – N5million
• Toyota Hiace Bus – N8. 6million
* Toyota Highlander-N12million
*Toyota Big daddy-N1.m
And many more.....
#HONDA
HONDA ACCORD ₦700,000
HONDA PILOT ₦1.2 MILLION
HONDA EOD ₦850,000
HONDA ODYSSEY ₦1MILLION
Honda Baby Boy= ₦780,000
Honda Accord EOD= ₦950,000
Honda City= ₦750,000
Honda Crosstour= ₦1.2M
Honda CR-V= ₦950k
Honda Odyssey= ₦850,000
Honda Pilot= ₦1Million
Honda Pilot=N950,000.
Honda Baby Boy=N500,000.
Honda End of Discussion(EOD)=N550,000.
Honda Accord=N500,000.
Honda CRV=N800,000.
Honda Accord ₦950,000
Honda City ₦850,000
Honda Civic ₦950.000
Honda C-RV ₦1.5M
Honda Crosstour ₦1.2M
Honda Element ₦950.000
Honda Evilspirit ₦1.1M
Honda Odyssey ₦1.2M
Honda Pilot ₦2.3M
And many more.....
*Prices of some Volswagen cars:
Golf 2-250,000
Golf 3-N300,000
Golf4-350,000
Golf 5 -N550,000
Jetta-N350,000
Passat-N450,000
#LEXUS
LEXUS Es300 ₦1.3 MILLION
LEXUS Es330 ₦1.6 MILLION
LEXUS Es350 ₦2 MILLION
LEXUS Rx300 ₦1.7 MILLION
LEXUS Rx330 ₦3 MILLION
LEXUS Rx350 ₦4 MILLION
LEXUS RX400 ₦3.5 MILLION
LEXUS GX460 ₦4 MILLION
LEXUS GX470 ₦5 MILLION
LEXUS ES300@#1.3 MILLION
LEXUS ES330@#1.6 MILLION
LEXUS ES350@#2 MILLION
LEXUS RX300@#1.7 MILLION
LEXUS RX330@#3 MILLION
LEXUS RX350@#4 MILLION
LEXUS RX400@#3.5 MILLION
LEXUS GX460@#4 MILLION
LEXUS GX470@#5 MILLION
Lexus GX460=₦6.6M
Lexus GX470=₦8.4M
Lexus GX570=₦13.8M
Lexus IS-250=₦2.1M
Lexus ES-330=₦1.5M
Lexus ES-350=₦2.6M
Lexus RX300= ₦1.5M
Lexus RX330= ₦2.8M
Lexus RX350= ₦3.2M.
Lexus Rx300=N800,000. To N2.1 Million
Lexus Rx330=N850,000 To N2.2 Million
Lexus Rx350=N900,000 To N3.3 Million
Lexus Rx470=N3.m
Lexus Rx330 ₦2.1M
Lexus Rx350 ₦4.1M
Lexus Rx400 ₦5.4M
Lexus Gx470₦7M
And many more....
#MERCEDES
MERCEDES C240 ₦1.3 MILLION
MERCEDES C300 ₦1.7 MILLION
MERCEDES ML350 ₦2.8 MILLION
MERCEDES GLK350 ₦3.8 MILLION
MERCEDES GL470 ₦4 Million.etc.
BENZ C-CLASS ₦3,000,000
MERCEDES-BENZ GLA 250 4.6M
MERCEDES-BENZ E-Class ₦3,500,000
MERCEDES-BENZ G-Class ₦4,000,000
MERCEDES-BENZ GLK ₦4,500,000
MERCEDES BENZ ML₦5,000,000
Mercedes-Benz C-Class ₦1.5 million
Mercedes-Benz E-Class ₦1.7 million
Mercedes-Benz G-Class ₦2.5 million
Mercedes-Benz GLK ₦3.5 Million
Mercedes-Benz GLE 350 4.8MILLION
Mercedes Benz ML350 ₦2.3 million
Mercedes Benz g-wagon ₦125 million.
Mercedes-Benz C-Class ₦3.5M
Mercedes-Benz E-Class ₦3.9M
Mercedes-Benz G-Class ₦3.8M
Mercedes-Benz GLK ₦4.6M
Mercedes Benz ML₦5.6M
And many more......
Nissan pathfinder= ₦1.9M
Nissan Altima= ₦1.820,000
Nissan Armanda= ₦1.2M
Nissan Murano 950,000
Nissan Murano=N850,000. to N 1.2 Million
Nissan Pathinder=N800,000. To N 1 million
Nissan Altima=N800,000.
Nissan Maxima=N600,000.
Nissan Altima ₦1.2M
Nissan Armada ₦2.3M
Nissan Maxima N1M
Nissan Murano ₦1.4M
Nissan Primera ₦900,000
Nissan Pathfinder ₦1.5M
Nissan Maxima= ₦1.600,000.e.t.c.
And many more.....
Range rover vogue 8mill
Range rover sport HSE 4.8m
Land rover 3.3m
Land Rover Discovery ₦4.8M
Land Rover Freelander ₦5.5M
Land Rover Vogue ₦5.2M
Range Rover Sport. ₦5.5M
Range Rover velar, 10m
Acura ZDX 1.550,000
Acura MDX 1.6m
Acura TL ₦1.2M
Acura MDX ₦2.2M
Acura ZDX ₦1.9M
And many more.....
MANY MORE EXCLUSIVE OFFER'S LIKE.....
LAPTOPS, GENERATOR'S, FRIDGE, CONTAINERS, PHONE, MOTORCYCLE, AND KEKE.... Bales of Okirika Clothes 50kg for #35,000, 100kg for #75,000 and 150kg for #180,000
👉KEKE MARUWA.
Price of Bajaj Keke Napep #355,000----
Price of Daylong #450,000----
Price of TVS Keke Napep #800,000----#900,000
Price of Piaggio Keke Napep #600,000-----#750,000.
👉 CONTACT (Officer Omar Patrick) 07O -6875 _-7992
Bags of cement #5,500
Delivery cost is #1,000
.📞📞〽.〽.〽.〽.〽.〽..WE DELIVER TO 36 STATES
NOTE ~ VEHICLES ARE💦SLIGHTLY NEGOTIABLE!