Barcelona eyes banning non-residents in Spain from buying homes

Barcelona city council is considering a ban on investment funds and non-residents from purchasing homes in the city for non-residential purposes, as part of an effort to limit property purchases by foreigners in Spain. This move aims to prioritize residential use of properties in the Catalan capital and potentially address housing affordability issues. The proposal underscores the city’s focus on ensuring that properties are primarily utilized for housing needs rather than investment purposes.

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