Is this the end of the British dream of a holiday home in Spain?
Opposition parties slam the proposed tax
Spain's housing shares inch up after selloff prompted by government measures
Spanish Prime Minister Pedro Sanchez announced a plan to raise taxes on holiday rentals and set a tax of up to 100% on purchases of houses by non-European Union foreigners living abroad on Monday.
Mallorca is the most popular of the Balearic islands.
Mallorca is the most popular of the Balearic islands.
Check out the most sought-after luxury home in the Balearics
The spectacular estate, which dates back to the 19th century and was completely restored in 2006, is located in the picturesque municipality of Lloret de Vistalegre.
Living the luxury lifestyle in Mallorca.
Living the luxury lifestyle in Mallorca.
The end of the Golden Visa for Mallorca
It was seen as a way of attracting badly needed foreign investment in the wake of the eurozone crisis, which hit Spain’s property sector particularly hard.
The British are continuing to invest in Spanish property.
The British are continuing to invest in Spanish property.
Britons lead foreign property market in Spain
Almost 15% of property purchases were closed by foreigners.
Push for Mallorca councils to ban property sales to non-residents
"If we want to ensure that Europe works, we pro-Europeans must ensure that people living in Europe can have a decent life regardless of where they were born or where they want to live."
Finding a rental property in Palma is a major struggle for most people.
Finding a rental property in Palma is a major struggle for most people.
Mallorca rents go through the roof
Young people can't afford to leave home in Mallorca, not to mention moving to the island.
Pollensa and the port are very much in demand by property investors.
Pollensa and the port are very much in demand by property investors.
Mallorca home to most expensive property in Spain
The luxury property market is showing no signs of slowing down.
Owning a home in Mallorca, a rock solid investment
Balearics lead the Spanish property market
Britons are still snapping up properties in the Balearics.
Britons are still snapping up properties in the Balearics.
UK leads foreign property market in Spain
"The trend that remains is that citizens resident in the United Kingdom are the main interested parties."
One in three foreign property owners in the Balearics are residents
The debate over non-residents investing in properties continues.
The majority of Britons would love to live in the sunshine.
The majority of Britons would love to live in the sunshine.
The Balearic government has to take some serious action.
The Balearic government has to take some serious action.
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