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 […]
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House Prices begin to rise in Mallorca
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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 […]
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Foreign tourists in Spain spend more
Foreign tourists visiting Spain between January and September spent 45.1 billion euros , some 7.2 per cent more than in the same period of 2011, authorities said on Monday. In September alone, international tourists spent 6.24 billion euros, about 13.4 per cent more than in the same month of 2011, thanks to a 51 per […]
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Mallorcan week hits London
Until 28th October, London’s top Spanish restaurants and Maltby Street Food Market will be celebrating the produce and typical recipes of Mallorca. There will also be several other events where you can come and try Mallorcan food and wine. The RestaurantsThe particpating restaurants will have a Mallorcan speciality on their menu as well as Mallorcan wine […]
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Balearic property sales soar by 32.3% according to recent report
Property sales in the Balearics grew by 32.3% in August this year compared to the same month in 2011, reaching a total of 901 transactions according to a recent report by the National Statistics Institute (INE). Further data shows that of the 901 property sales made in August, 56% were for previously owned homes representing […]
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Spain fights back with impressive increase in foreign tourist spend and property sales this year according to figures
Figures provided by tourism expenditure survey Egatur prepared by the Ministry of Industry, Energy and Tourism has revealed that spending by international tourists in Spain in the first eight months of 2012 reached 38 million euros, representing a 6.2% increase over the same period in 2011. The results from Egatur show that average daily […]
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Spectacular third day of the Oyster Regatta Palma
The third day of racing at the Oyster Regatta Palma, sponsored by regatta partner Raymarine, will be long remembered for spectacular sailing conditions. A solid 15 knots of breeze from the northeast built to near gale force conditions. The Oyster fleet powered along the southwest coast of Mallorca experiencing wind speeds in excess of 30 […]
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A rainy and gusty second day of the Oyster Regatta Palma
Even light rain and gusty conditions could not dampen the spirits of the competitors for the first race at the Oyster Regatta Palma. A 20-mile coastal race sponsored by Oyster Regatta partner Lewmar, finishing at the enchanting natural haven of Puerto Andraitx. With great efficiency, the Oyster armada left Real Club Nautico to make their […]
