Recently released figures by the Spanish Ministry of Industry, Tourism and Commerce show that during the summer months of July to September the number of tourists flocking to the Spain increased by over 8 percent compared to 2010, with September alone welcoming nearly six million tourists making that month one of the best on record. […]
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Tourism to Spain increases by 8%
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Spain real estate sector to bounce back in near term
Spain’s real estate sector is optimistic that it will turn for the better in the next 18 months, according to a recent survey by international consultants CB Richard Ellis (CBRE). Spanishpropertyinsight.com says quoting a report by CBRE that 7% of surveyed investors planned to invest in residential property early next year. While investors opt to […]
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Mallorca in talks for €300m theme park
A DANISH company is planning a theme park in Mallorca which would involve an investment of up to €300 million. Regional Government President, Jose Ramon Bauza met with representatives from the company to discuss the park which would occupy an area of between 100 and 150 hectares. Theme Park Group ApS has requested the support of the […]
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On the Beach: Brits Look for Holidays Abroad
On the Beach say that Brits are increasingly heading abroad for their holidays, with trips to Spain proving most popular. On the Beach, the UK’s leading online travel agency, say that British people are increasingly choosing to spend their holidays abroad. The company has found that more and more Brits are opting to spend their […]
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Foreign Investment in Spanish Property Jumps by 32.8%
Spanish property is enjoying a new wave of overseas investors, most likely due to the substantial discounts on offer. Foreign investment in property in Spain surged by 32.8% in the first half of 2011 over the same period in 2010, to 2,445 million euros, according to the Bank of Spain. Moreover, these investments exceeded 1,000 […]
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Spain experiences continued growth in tourism
Despite a gloomy economic atmosphere throughout Europe, Spain is experiencing continued growth, including a bumper August this year. Whereas countries such as France and Germany have been somewhat suffering from the effects of the financial crisis ever since 2008, Spain seems to be a long way down the road to recovery. Traditionally the second most […]
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Spain property a more attractive option for first-time buyers priced out of UK market
9 out of 10 young people in the UK want to buy their own home, according to a YouGov survey, but 70% believe that it’s harder to buy now than it was 20 years ago. As a result first time buyer numbers have fallen from 600,000 annually a decade ago to around 200,000 last […]
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Leading Spanish house builder bucks trend and reports positive outlook for Q4 2011 with sales up by 8%
With the National Statistics Institute in Spain revealing that the number of property sales declined during July, both on a year-on-year and monthly basis, leading house builder Taylor Wimpey España is proud to report an 8% increase in sales to date in 2011. Reviewing its performance this year so far, Taylor Wimpey España which has been […]
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Spanish property price rises ‘encouraging’
Reported increases in Spanish property prices have been described as “encouraging” by one expert in the country’s real estate sector. Ignacio Osle, sales and marketing director of developer Taylor Wimpey de Espana, commented that figures showing price rises in certain parts of Spain, “Although Spanish property prices are yet to catch up with the highs seen in […]
