Spain’s property market is on the up, as a flood of foreign investors are snapping up bargain properties following years of tumbling prices. Provisional July figures from the National Statistics Institute have indicated that home sales increased by 10.7% compared with the same month in 2013, with 28,583 transactions in total. The July figures mark […]
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Spanish property on the up as penthouses command 30% price premiums
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Beat the hotel price rises by buying your own pad in Spain’s sun-kissed Costa Blanca
This summer has seen Brits heading abroad in their droves to take advantage of cheap sunshine breaks in the Costas. But it seems that Spain isn’t the cheap holiday destination that once it was, with recent data from the National Statistics Institute revealing that the price of hotels in the Iberian country has risen by […]
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Tourist figures up again in Torreveija
While July and August water consumption increased in Torrevieja by 1.08% over those recorded last summer, hotel occupancy during July exceeded 80%, while in August the figure reached 85%. That figure increased to over 90% occupancy during the August Assumption weekend. The statistics were released last week by Councillor for Tourism, Luis María Pizana. The […]
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Building a better future – Spanish construction sector is fastest growing in Europe
Spain has had enough of economic doom and gloom. The sun-kissed Iberian country has put its economic troubles behind it and is now leading Europe in the race to build a better and brighter future. Figures from EU statistics office Eurostat have shown that the Spanish construction sector has registered a massive year on year […]
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Schools out – for summer !
More than two million British holidaymakers are expected to head overseas on summer holidays this weekend as the majority of schools break up for summer. Nearly half a million (450,000) will fly out of Heathrow while 295,000 are set to go from Gatwick; 140,000 from Stansted and 79,000 from Luton. That’s in addition to 162,000 […]
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Spain gets ready for Fiesta Season !
August is almost upon us and anyone planning to visit Spain next month may find themselves immersed in some of the most fun and wacky fiestas on earth. Most towns hold their own fiestas, and cities like Madrid have different neighbourhood fiestas each week, so there is always something exciting going on. Here’s a selection […]
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First evidence that golden visa is attracting non EU buyers to Spain
US, Chinese and Russian buyers were among the most active foreign buyers in Spain in the first quarter of 2014, according to new data from the General Council of Notaries in Spain. The number of Spanish properties bought by these nationalities increased by 88.9%, 83.1% and 62.6% respectively in the first quarter compared to the […]
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Scandinavians swoop in on Spain’s lucrative property market, says Knight Frank
Online searches for properties in Spain increased by 29% over the first three months of 2014 compared to the same period last year, data from Knight Frank’s Global Property Search has revealed. Converting the searches into results, more than a fifth of all Spanish residential sales – 55,187 transactions – were made by foreign buyers. […]
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Costa Blanca property is top of the wish list according to leading Spanish property portal
Leading online Spanish property portal Kyero.com‘s latest analysis of the forever popular Spanish property market identifies just where and what foreign buyers are looking for in terms of Spanish second homes. Kyero.com‘s enquiry report analysed enquiries made by email during the first quarter of 2014 showing that between January and June 2014 47% of enquiries […]