AGP Executive Report
Last update: 3 hours agoSpain Housing: Spain’s property market ends the summer with a lift: June saw 59,288 home sales (+1.6% year-on-year), the highest June since 2007, as mortgages and prices keep climbing. Short-Term Rentals: The EU is preparing a new legal tool to curb Airbnb-style holiday lets, letting cities restrict non-primary homes in “housing stress” areas—if they can show the impact has worsened affordability for at least three years. Tourism Pressure: Anti-overtourism sentiment keeps bubbling, with fresh debate around how visitor taxes and rules could ease pressure on housing and local life. Madrid Data Centers: The Community of Madrid rejects Spain’s draft data center decree, warning it could slow investment by forcing new obligations tied to grid access and connection. Valencia Port Power: The Port Authority of Valencia has launched a tender for a €15.6m electrical substation (110 MW) to boost port power capacity and support onshore ship power systems. Hotel Development (Spain): Ayesa Engineering will lead development of the first Selecto “select service” hotels in Spain, with construction already underway in Madrid and opening expected in Q1 2028.
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