The keys: real estate investment hesitates in the face of legal uncertainty... greater than usual
Los vaivenes de los últimos años no han impedido que España siguiera siendo destino predilecto
Spain's real estate sector is expecting a slowdown in transactions until the housing regulation is clarified and a new government is formed after the general elections. Despite recent legal changes regarding rentals, large companies remain interested in Spain as a destination for their investments. The housing market is reaching prohibitive prices for salaries, with transaction values plateauing, which may also contribute to the sector's slowdown.
In a separate issue, a truck cartel case coordinated by several manufacturers is still pending in the Supreme Court, affecting 300,000 trucks purchased in Spain. The US dollar depreciation, aimed at reducing the trade deficit, may negatively impact tourist destinations such as Mexico, which may see a decline in American visitors, affecting businesses like Barceló.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
