The left-wing coalition Sumar has registered an initiative in the Spanish Congress aimed at legalizing the rental market, which provides for a ban on cash payments for rent and the transfer of payments to electronic, traceable channels, according to Spanish media reports.
According to the published details, payments are to be made by bank transfer or other electronic means, and financial institutions servicing such transactions will be required to automatically transfer information to the Spanish tax service (AEAT) to identify undeclared income and strengthen tenant protection by confirming payment with bank statements.
A separate element of the package is a 1% withholding from the rent amount, which the landlord will have to transfer to the AEAT on a monthly basis. The materials emphasize that this levy is also seen as a tool for forming a more accurate indicator of rental price dynamics across regions.
Sumar estimates the scale of tax losses from violations and evasion in the rental income segment at over €12.5 billion per year and proposes to strengthen the resources of the tax service, including the creation of specialized units to detect violations in the real estate market.
For banks, implementing this approach means an increase in the share of payments passing through accounts and, at the same time, an expansion of the role of compliance and data exchange with tax authorities. For the housing market, this could mean an acceleration of the “whitening” of rents and increased price transparency, but the parameters and timing will depend on the initiative passing through parliament.
In Spain, measures to tighten rules in the seasonal rental segment and prevent abuse are being discussed in parallel, with the government having previously announced the preparation of a corresponding package. For comparison, in Greece, a rule will be introduced on January 1, 2026, according to which rent must be paid through registered bank accounts, and cash payments will no longer be accepted.
In 2024, 68% of EU residents living in households lived in housing owned by their household, which is 1 percentage point less than a year earlier (69% in 2023), according to the European Union’s statistical service (Eurostat).
According to Eurostat, the share of those living in rented housing increased to 32% (31% in 2023).
At the same time, the largest share of owners was recorded in Romania (94%), followed by Slovakia (93%) and Hungary (92%). The only EU country where there are more tenants than owners is Germany (53% of the population are tenants).
Eurostat specifies that the indicator reflects not the number of properties, but the share of people living in owner-occupied or rented households (EU-SILC data). In 2024, 44.2% of people in the EU lived in housing owned by the household without a mortgage or housing loan, and 24.3% lived in housing owned with a mortgage or loan. Among tenants, 21.1% paid market rent, while 10.5% lived at a reduced rate or free of charge.
Housing sales in Turkey in December 2025 increased by 19.8% compared to December 2024, reaching 254,777 transactions, according to data from the Turkish Statistical Institute (TurkStat) reported by Turkish media.
At the end of 2025, the Turkish housing market showed growth of 14.3% to a record 1.69 million transactions; at the same time, mortgage sales for the year increased by 49.3% to 236,668.
Sales to foreigners in 2025 decreased by 9.4% to 21,534 properties (1.3% of all transactions). In December, foreigners purchased 2,541 properties, with Istanbul, Antalya, and Mersin leading the provinces at the end of the year.
As previously reported by the Open4Business portal, Ukrainians ranked third in terms of home purchases in Turkey. Overall, at the end of 2025, sales of housing to foreigners in Turkey decreased by 9.4% to 21,534 properties. Among foreign buyers, citizens of the Russian Federation led the way for the year (3,649 properties), followed by Iran (1,878) and Ukraine (1,541).
In December 2025, Ukrainian citizens ranked third among foreigners in terms of home purchases in Turkey, according to data from the Turkish Statistical Institute (TurkStat) cited by Turkish media.
According to the published data, foreigners purchased 2,541 properties in Turkey in December, which is 5.1% more than in December 2024. Russian citizens ranked first in terms of purchases in December (504 properties), followed by Iran (232) and Ukraine (193).
Overall, in 2025, sales of housing to foreigners in Turkey fell by 9.4% to 21,534 properties. Among foreign buyers for the year, Russian citizens led the way (3,649 properties), followed by Iran (1,878) and Ukraine (1,541).
Overall, home sales in Turkey in December 2025 increased by almost 20%.
Hungary became the EU leader in terms of housing price growth: in the third quarter of 2025, residential property prices there rose by 21.1% year-on-year, according to Eurostat data.
Overall, housing prices in the EU, as measured by the House Price Index, rose by 5.5% in July-September 2025 compared to the same quarter in 2024, and by 5.1% in the eurozone. Compared to the second quarter of 2025, growth was 1.6% in both the EU and the eurozone.
Eurostat notes that among the EU countries for which data is available, only Finland (-3.1%) recorded an annual decline in prices, while the rest saw growth. Apart from Hungary, the most significant price increases were recorded in Portugal (+17.7%) and Bulgaria (+15.4%).
Source: http://relocation.com.ua/hungary-showed-the-highest-growth-in-housing-prices-in-the-eu/
The Greenville group of companies commissioned 15,400 square meters of housing in Lviv in 2025 and continues to implement two projects in the capital, its press service told the Interfax-Ukraine news agency.
“In 2025, we have virtually completed the Greenville Park Lviv residential complex in Lviv. A total of 15,435.6 square meters (276 apartments) were built during the year. In November 2025, the final building of the complex was commissioned, so now all residential buildings of Greenville Park Lviv have been fully completed. Final work is currently underway on the construction of a parking lot, which is the final stage of the project,” said Yulia Bilen, head of the Greenville sales department in Lviv.
According to her, the aspect of inclusiveness was incorporated into the Greenville Park Lviv project even before the full-scale war, in particular, barrier-free entrances, convenient layouts, and accessible common areas were provided for. However, important changes were made during construction.
“Yes, with the first blackouts, we quickly adjusted the technical solutions. In particular, we provided a backup power supply in the tallest 20-story building. The building was equipped with a generator that guarantees the operation of elevators and common areas during power outages,” Bilen explains.
As for the company’s projects in the capital, multi-level underground parking lots are being built in the stylobate part of the Greenville Park and Greenville business-class residential complexes in Pechersk, as well as shelters and generators. Measures for inclusivity are provided for in the DBN “Inclusivity of Buildings and Structures”: ramps, signs with Braille inscriptions, voice guidance in elevators, etc. There is also a system that brings the elevator car to the nearest floor, which prevents it from getting stuck during emergency power outages.
“We try to adhere to the ‘8/80’ principle: when the territory of a residential complex is equally comfortable for an 8-year-old child and an 80-year-old pensioner. Such an environment includes wide pedestrian areas, ramps, elevators with wide entrances, navigation, voice guidance, lighting, etc.,” explained Natalia Dubik, head of Greenville’s Kyiv projects.
Greenville is a vertically integrated group of companies that has been operating in the field of renewable energy and residential and commercial real estate for over 20 years. According to the LUN new construction portal, the company is engaged in development activities in Kyiv and Lviv. Since 2010, 45 buildings have been commissioned, and 6 buildings are under construction.
