Emerging from the winter season with 2011 ahead of us, there have been mixed reports about the Spanish market, with official statistics spelling out very different stories. One company however, that is looking forward to a promising 2011 based on their property sales figures from 2010, is Taylor Wimpey de España, the largest British developer in […]
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2011 looking good for Taylor Wimpey de España
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We need Spain
Spain’s tourist industry rebounded last year from the economic crisis that has battered the key sector, with the number of foreign visitors edging up by one per cent, the government has said. Although down by 6.5 per cent to 12.5 million, Britons represented the largest tourist group making up 23.6 per cent of the total, […]
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Plan B to rock Mallorca
Ibiza Rocks is proud to announce that 3 x BRIT Award nominee Plan B will be the first of the A list of artists to perform at Ibiza Rocks and Mallorca Rocks this summer. Plan B will kick off Europe’s hottest summer long series of stunning live gigs under the stars, at the opening parties […]
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Germans give boost to the purchase of second homes
Mallorcan real estate and property agents point out that despite the increased sales of 10% last year – demand remains very weak from both British and Spanish buyers. The market for second homes in the Balearic Islands is starting to show early signs of leaving the state of hibernation where it has remained for the […]
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Formula 1 racing for Mallorca
Mallorca appears to be having more than it’s fair share of action this year. This beautiful Balearic Island is already to be used at both the start and finish of the Global Ocean Race 2011 – 2012. Mallorca had already shot to sporting stardom as the birthplace of tennis hero Rafael Nadal and is used as a […]
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Visitor numbers rise in 2010 for Mallorca’s galleries & museums
Public art galleries and museums in Mallorca enjoyed an increase in visitors in 2010, despite budgets being cut back by 15%. The number of visitors rose to 735,611, a rise of 4.6% over visitors in 2009. It is thought that a greater involvement in social networking sites and improved websites have contributed to the growth […]
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Spanish property market has held steady at 13% from 15% in the last couple of years.
Since 2007 however, property budgets have reflected the reduction in disposable income for British buyers. Today 72% of buyers purchase a home costing between €150,000 and €250,000 whereas in 2007 this figure was nearly half that and 45% spent between €250,000 and €350,000. Today only 20% are looking to spend this amount and only 5% […]
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Is Spanish real estate on the way back up?
Spanish house prices have been sliding for some time; for those dreaming of a home in the sunshine, now may be the time to buy. Prices for Spanish property have been falling for some time now, but is the window of bargain prices about to close? Spanish Prime Minister Jose Luis Zapatero seems to think […]
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Marc Fosh to open 3rd restaurant in Palma
Michelin starred chef Marc Fosh and his partner Rob Bragagnolo have announced they are to open a Mediterranean brasserie style restaurant in Palma during February 2011. The new venture is to be called Misa Braseria & Bar and will have a relaxed, modern-rustic feel to allow for informal dining in stylish surroundings. MISA will be […]