"Property sales to foreigners rose in Valencia..."
Renting in the Balearics is getting more expensive.
Nationwide property price rose by nine percent.
Formentera is now the most expensive municipality in Spain.
Cash payments by both resident and foreign buyers.
The president hopes that Spain’s forthcoming presidency of the European Union (EU) will open the way.
"A cheaper way of property ownership..."
The average price of homes forecast to remain the same.
Property transfer tax revenue is up 50%.
And a further increase in the tax on luxury properties is also being looked at.
Getting on for 40% of homes were bought by foreigners in 2021.
2021 ends with 340 million more than in 2020 thanks to the tax levied on the purchase of homes.
Above a national average of three per cent.
140 new homes sold in July.