Bargain-hunting Britons are jumping on to the Spanish property ladder as house prices continue to fall, says Clare Nessling, director at Conti, an overseas mortgage specialist. “If you believed everything you read, you would avoid the Spanish property market like the plague. But it appears that foreign investment in the country is growing steadily with […]
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Still value in Spanish property market
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One to watch: visitors passing through Palma Airport on the golden isle of Mallorca reach 2.5 million in one month
Mallorca is the most popular tourist destination in the Iberian peninsula. With 300 days of sunshine every year, 23 golf courses, 25 marinas, as well as some of the most stunning scenery in Europe, it’s no wonder the island’s airport has beaten last year’s visitor numbers, while hotels in Mallorca are reporting a ten point […]
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Costa del Sol property market set to sizzle this summer!
Foreign buyers are now as important to the Spanish property market as they were in 2006, when the real estate boom was in full swing, with waves of “climate” migrants investing in the Spanish property dream once again. According to data from the Genera Council of Notaries, a total of 38,312 non-resident foreign citizens bought […]
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Marbella keeps its luxury image and encouraging property sales
Marbella still retains its image as a top-class destination and is known worldwide. Seven years after the town was hit by the property permit corruption scandal known as Operation Malaya, which led to the arrests of the mayor, her deputy and a host of other well-known figures, the situation in Marbella has not only returned […]
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Brits boost Spanish property market
The Spanish market is increasingly attractive to foreign investors due to the low prices available. New figures in the Bank of Spain and the Real Estate Registry’s annual report found that non-Spanish nationals are propping up the country’s ailing property market following a long-standing recession. It revealed that foreign investment in Spanish property was up […]
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Los Arqueros Beach – Phase 4
We have now released the 4th and penultimate phase of these apartments. This latest release has come about following the amazing success of the previous phases and the fact we have sold all of the previous 75 apartments off plan in 6 months. In this latest phase we have both east and west facing 2 […]
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The Eagle has landed! Spain records 35.7% increase in US visitors
The Spanish government’s tourism research agency Frontur, revealed last week that overall tourism numbers were up 7.9 %, year-on-year in March 2013. The agency also revealed that the number of tourists visiting Spain was up 2.3 % for the first quarter of the year, with a whopping 9.4 million visiting Spain from January through to […]
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Golf brings major boost to southern Spain’s tourism economy
Golf-linked tourism generated overall income to the tune of 400 million euros in Málaga last year. It has been reported that golf-linked tourists show a higher purchasing power and spend more than regular visitors. According to a research carried out across the country, daily expenditure hits the 171 euros per day mark. These holidaymakers come […]
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Spurt of foreign buyers helping to boost Spanish property market
Foreign investment in Spanish residential property increased by 17% last year to its highest level since 2004, according to the latest figures from the Bank of Spain. According to real estate experts it is a clear sign of improving confidence in the Spanish property market and is set to give the industry a boost at […]