Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union. Spanish Prime Minister Pedro Sánchez announced the plan this week to tackle housing affordability and high rents in the Southern European

In recent months, authorities have come under growing pressure from residents of tourist hotspots, which have seen large-scale protests over the impact of overtourism and soaring housing costs.

Spain's plans for an 'extreme' tax hike on Brits' holiday homes could see many look elsewhere for their dream home abroad, with experts suggesting alternatives such as Cyprus and Greece