Malaga has been announced as one of the six finalists shortlisted to become the first ever European Capital of Innovation with the chance to win €500,000. An independent panel of experts has agreed upon the six cities that will compete to become the European Capital of Innovation. The European Commission has recognised Malaga’s progress made […]
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Malaga shortlisted for European Capital of Innovation award
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Spanish real estate now a ‘good opportunity’ according to the latest PwC report
In a forecast published jointly by the Urban Land Institute (ULI) and PwC, the weight of international capital is leading investors to turn to recovering markets such as Spain in 2014. The report states that the Iberian nation undergone an “extraordinary turnaround in sentiment” with 67% of respondents slightly or strongly agreeing that there are […]
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2013 marks record year for tourism to Spain
Spain welcomed in excess of 60.6 million international tourists in 2013, recording a 5.6% year on year increase and the strongest inbound tourism statistics to Spain since the launch of the FRONTUR surveys. In turn, spend by foreign visitors in Spain also reached record highs, with a total in excess of 59 billion euros in […]
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Could UK equity fuel the next overseas property boom?
Retired Brits are releasing equity from their homes at levels not seen since before the 2008 financial crash, signalling confidence in the UK property market and bringing potential knock-on benefits for overseas property markets. Richard Way, Editor at The Overseas Guides Company said: “According to the Equity Release Council, the over-55s in the UK borrowed […]
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Sun-drenched Spain steals number 3 spot in latest world tourism rankings
Spain announced earlier this week that it had retaken the number three spot in world tourism in 2013, overtaking China by welcoming a record 60.6 million international visitors. The sun drenched Mediterranean country now only stands behind France with 83 million international tourist arrivals and the United States with 67 million according to the World […]
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airBaltic to launch New Riga – Palma de Mallorca Route
Latvian national airline airBaltic is set to launch a new route between Riga and Palma de Mallorca, Spain later this year. The new route will offer convenient connections between the two cities and beyond to destinations in the Baltic region, Scandinavia, Russia and the CIS countries. Martin Gauss, Chief Executive Officer of airBaltic said: “Our […]
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Well baked in Spanish sun
Record numbers of foreign tourists poured into Spain in 2013 to bake on sunny beaches but a new challenge lies ahead: luring them to holiday spots inland. An unprecedented 60.4 million foreign tourists came to Spain last year, spending an estimated 45.1 billion euros (US$61 billion), according to industry association Exceltur. The visitors came mostly […]
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Spain welcomed record 60.4 mn tourists in 2013
Spain welcomed a record 60.4 million foreign tourists in 2013, according to estimates released Wednesday by Exceltur, the association of the tourist sector. Jose Luis Zoreda, vice president of Exceltur said the strong performance of the sector was “due exclusively to foreign demand”, while domestic demand tumbled as about one in four Spaniards was out […]
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Weekly direct flights from Channel Islands to Majorca launched
Jersey will continue to enjoy a weekly direct flight to the Med. in 2014, as FlyDirect announce a jet service that will take islanders to the island of Majorca in just 2 hours. Guernsey residents will also be able to take advantage of this service with same-day connecting flights. The tour operator will be providing […]
