In 2024, non-resident foreigners accounted for 8 percent of property purchases in Spain, with a total of 56,139 homes acquired, a modest 2.2 percent increase from the previous year. The majority of these purchases were concentrated in Málaga and Alicante, while emerging nationalities like Poles and Czechs are also entering the market. Amidst government restrictions, non-resident foreign buyers face challenges in the Spanish property market, with potential tax increases and bans being proposed.
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Israel resumes airstrikes on Gaza, five Palestinians killed
Israeli airstrikes in Gaza have resulted in the deaths of at least five Palestinians, with the Israeli military targeting a Hamas military location in the north. The attacks were renewed after both sides accused each other of violating a ceasefire, leading to increased tensions and casualties. Israel dropped evacuation leaflets in Gaza, warning residents of "dangerous combat zones" and stating that the onslaught was "just the beginning" as the conflict escalated further. Full Article
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