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.

Following the success of the socialist party's proposal last week to slap a tax of up to 100 percent on non-EU property purchases.

Spanish Prime Minster, Pedro Sánchez, announced Sunday a series of government reforms and policy proposals, including harsh restrictions on non-EU residents purchasing property. The measures aim at

Spanish Prime Minister Pedro Sanchez plans to restrict property purchases by non-EU buyers as a measure to regulate housing prices. The proposal includes potential bans and tax increases on foreign acquisitions to combat speculation.

Move to limit and potentially prohibit foreign acquisitions is part of an attempt to fight a growing housing crisis

Spanish prime minister Pedro Sanchez will propose a ban on people from outside the European Union buying homes in the country, as part of a broader attempt to confront a housing crisis. The government “will propose prohibiting non-EU foreigners from buying houses in our country,

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.

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'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 on 13 January that its government will plan “after careful study” a tax of up to 100% on real estate bought by non-residents from countries outside the EU in a bid to address the country’s housing crisis.

The negative aspects of mass tourism have caused tension at times between visitors and residents. MADRID — 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.