Key International Real Estate News Digest: March 26 – April 1

Today (April 2, 18:00 Dubai time) we will go live to showcase a nearly completed hotel in Georgia and analyze what could drive its occupancy. The broadcast will be on our YouTube channel and Instagram.

Spain’s Secondary Housing Market Accelerates

Prices for secondary housing in Spain rose 17–20% at the start of 2026, reaching historic highs. The market is experiencing a shortage of listings, especially in major cities. Foreign buyers are driving demand, speeding up transactions and reducing housing availability.

Ireland Eases Airbnb Restrictions

The Irish government has relaxed short-term rental rules for towns with populations under 20,000. In these municipalities, long-term rental housing is scarce, and without easing regulations, property owners would not have been able to rent out units. The new measures allow vacant properties to be used and relieve pressure on the market.

Scotland Rent Growth Slows Ahead of Reform

Rental growth in Scotland has slowed and is now roughly in line with inflation. This comes ahead of new rules limiting rent increases. The measures aim to stabilize the market and protect tenants.

Portugal’s Real Estate Market Moves Away from Speculation

Investments in Portuguese real estate reached €2.8 billion in 2025, up 21% from 2024. The market is shifting focus from speculation to quality assets and sustainable income. The residential segment remains under supply pressure, and prices continue to rise.

Romanian Developers Fear Rising Costs

In 2026, 27% of Romanian developers identified rising construction costs as the main challenge, while 25% pointed to difficulties in purchasing land. Only 6% reported financing issues, reflecting improved access to capital. Market activity remains restrained: only 29% expect growth, with residential and rental segments seen as the most resilient.

EU Regulation Changes Short-Term Rental Market

From May 20, 2026, a new EU regulation on short-term rental transparency comes into effect. Platforms must provide authorities with unified data on bookings and property owners. This will strengthen oversight of illegal listings and tighten requirements for both owners and online platforms.

Saudi Arabia Cancels Mega Projects

Saudi authorities have revised the NEOM budget: contracts for the $4.7 billion Trojena ski resort and $1.6 billion tunnels for The Line have been canceled. Work completed up to 30% has been halted. The decision is related to Middle East conflict risks. The Kingdom is shifting focus toward renewable energy and preparing for future events like Expo 2030 and the 2034 World Cup.

Resort Hotels Become Main Investment Focus

In 2025, European hotel transactions reached €22.6 billion, with nearly 70% involving individual properties. Investments rose 30% compared to the previous year. Popular resort destinations in Europe attract the bulk of capital, and inbound tourism growth supports the profitability of these assets.

Paraguay Real Estate Remains Affordable

Apartment prices in Asunción start at $700–1,000 per sq. m. Studios can be purchased for $45–75k, and two-bedroom units for $90–180k. Average rents have increased 10–12% over the year, reaching $250–400 and $500–900 per month, respectively.

The International Investment catalog includes properties managed by international hotel operators.

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