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New Release : La Floresta Sur Phase 2
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Russian museum to open €5m branch in Spain
Gold icons and expressionist paintings from one of Russia’s top art museums will go on permanent show in an old tobacco factory in the Spanish city of Malaga, officials said on Wednesday. The southern Spanish city of Malaga, home to thousands of Russian expats, has signed an agreement to host the first overseas branch of […]
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The Return of UK Buyers
International property markets are seeing a mass return of British buyers, according to specialist foreign mortgage provider Conti. Spain is seeing the most marked return, with almost six out of ten British overseas property buyers turning their attention to the country, writes Property Secrets The resurgence is perhaps the more notable for coming at the […]
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Big Spenders in Spain see records tumble
Official figures have revealed that spending by international tourists in Spain has reached 10.066 million Euros up until March 2014. This represents an increase of 8.1% over the same period in 2013 and, according to the Ministry of Industry, Energy and Tourism, sets a new record. In March 2014 foreigners visiting Spain spent 3.982 Euros, […]
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Spanish property sales up 26%
The Spanish property market sales grew by 26% year on year in March according to the latest figures from the National Institute of Statistics (INE). Coastal areas, where foreigners tend to buy holiday and retirement homes, posted particularly strong gains with resales up 36% and new sales up 7%, the data also shows. But the […]
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It’s a hole in one for Spain: PGA Tour returns to Europe’s most popular golfing destination for the first time since 2009
According to KPMG’s most recent survey from the Golf Advisory Practice, there are close to 400 new golf facilities in the EMA (Europe, Middle East & Africa) region which have opened after 2008 or started development since the economic downturn. Even though the pace of development has slowed, mainly as a result of the credit […]
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Tourism expenditure in Spain up 6.6% year on year.
In March 2014, Spain welcomed a total tourism expenditure of €3.982 million, up 6.6% year on year. The average tourism spend was €1.021 per stay (+5.9%) or €122 per day (+10.6%). In March 2014 UK visitor expenditure in Spain was €640 million (+1.5%), representing 16.1% of the total tourism expenditure. UK visitors to Spain spent […]
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More passengers for Malaga Airport
The number of passengers at Malaga-Costa del Sol Airport increased by 13%, compared to April last year. According to Spanish Airport Authority (Aena), the airport was used by 1.2 million passengers in April this year. It showed the second best improvement in the whole of Spain, beaten only by the Canary Islands, with a rise […]
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5.6 million Malaga tourists expected
Some 5.6 million visitors are expected on the Costa del Sol this summer, according to the President of the Tourism Board, Elias Bendodo. Eight per cent more tourists are expected between June and September this year compared to 2013, while overnight stays are expected to increase by 9%. Bendodo said that more tourists are expected […]
Building new homes on Mallorca, the Costa Blanca and the Costa del Sol since 1958.
