Several protests have been held across Spain and the Canary Islands calling for tougher regulation to tackle the issues. And it seems authorities are listening. A new three-year law was introduced in Malaga this month, which has been dubbed a ‘tourist ban’ by some.

MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.

In Spain, an ‘unprecedented’ housing tax on foreign-owned properties  Spanish Prime Minister Pedro Sánchez said last Wednesday that his government would issue a 100% housing tax on properties bought by residents from outside the European Union.

Spain's prime minister said too many foreigners were buying investment homes. But efforts to discouraging them could hit the economy, experts said.

Spain's Prime Minister Pedro Sánchez said too many people were buying Spanish homes as an investment rather than to live in.

Spain’s government will seek to limit the number of houses sold to foreigners by significantly raising the taxes they pay.

Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by non-European Union residents

Public anger is growing as locals are being priced out of home ownership with rents being driven up by gentrification and landlords shifting to more lucrative, short-term tourist rentals, especially in urban and coastal areas.

Pedro Sanchez said the EU should put an end to anonymity of users in social-media platforms and hold their CEOs personally accountable if they fail to comply with regulations.

EU officials said last week that they ordered ... minor issue of failing to respond properly to information requests. Spain has joined governments around the world that are concerned with the ...

EXCL: A Place in the Sun presenter Laura Hamilton, who helps Brits find their dream home abroad, branded Sanchez's plan 'crazy' - but said it was already backfiring for the Spanish PM.