The Government of the Balearic Islands has approved a new law allowing the development of a second casino in Mallorca and is launching a tender process to evaluate bids from potential operators. It is welcoming bids from both ‘incorporated and unregistered’ companies with a share capital of €4.8m. The government stated: “The combination of a quality tourism offer will […]
-
Mallorca to open second casino
-
JetXtra.com to offer Alicante and Palma flights from Humberside Airport
FLEDGLING flight operator JetXtra.com will soon be taking off from Humberside Airport. The new company, which has sorted out a naming issue that threatened to escalate into legal action with Jet2, will now offer Alicante and Palma as destinations for summer 2013. The tie-in with Humberside Airport Travel comes as Humberside Airport confirmed September destinations […]
-
Russian and French buyers causing property price rise in Spain
Property in Spain is receiving a boost in areas popular with Russian and French buyers. Despite prices falling across the country, it seems certain locations are bucking the trend, albeit slightly. Property Wire reported figures from the Public Works Ministry showing that 8,803 houses were bought by foreign buyers in Q3 2012. This is a […]
-
Spain’s Balearic Islands emerge as Russian property hotspot
After Catalonia, the Balearic Islands are the preferred destination for Russian tourists to Spain. Statistics for the first nine months of 2012 show 102,121 Russians travelled to the Islands and Sotheby’s International Realty is expecting many more in years to come. Anna Batizi, Head of International Sales for Moscow Sotheby’s International Realty, works closely with […]
-
Spain: Inbound Tourists Spend 49.87 Billion Euros In Year To Date Up 6.4%
In the first ten months of the year, spending by inbound tourists in Spain amounted to 49.87 billion euros, a year-on-year increase of 6.4%. Increases were also recorded in average spending per tourist, of 3.2%, and in average daily spending, of 6.8%, according to the Tourist Expenditure Survey (EGATUR), drafted by the Institute for Tourism […]
-
Spain Received 52.1 Million Tourists to October
According to the latest data released yesterday from the survey of tourist border movements (Frontur), in the first ten months of the year Spain received 52.1 million foreign tourists, which is an increase of 3.1% over the same period in 2011. However, in October 5.1 million international tourists visited Spain, which is 3.2% less than […]
-
Spanish low-cost airline opens new route to Mallorca from the UK
A new generation budget Spanish airline, Vueling, will commence new daily flights from Lond on Heathrow to Palma Mallorca with the introduction of its summer timetable on 23 March 2013. This decision to fly to Palma reintroduces a popular route that has not been served from London’s No. 1 airport since 2009. The fantastic new […]
-
House Prices begin to rise in Mallorca
Property sales in the Balearic islands are increasing and are up by 9.1% from September 2011. The property market in the Balearics is performing much better than that of mainland Spain where the year-on-year increase to September 2012 was only 0.9%. Mallorca is the largest and most popular destination in the Balearics and has seen […]
-
New laws to benefit buy-to-let purchasers
EXPATS could benefit from new laws aimed at making properties more attractive to buy and rent out in Spain. With current rental laws considered to be too favourable towards tenants, the Spanish government is now set to unveil a number of measures which will give more power to landlords. The new legislation will allow property […]