The downward trend in the property market in Spain is drawing to a close and it is unemployment that is hindering a full recovery, according to the International Monetary Fund. With unemployment still hovering around 26% the real estate sector is unlikely to move into full recovery mode just yet, says the report author James […]
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Economists signal that Spanish property market is on the verge of recovery
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airBaltic launches Riga – Palma de Mallorca
Latvian airline airBaltic has launched its summer flights from Riga to Palma de Mallorca, Spain in cooperation with the international tour operator Tez Tour. The new route offers convenient connections between the two cities and beyond to destinations in the Baltic region, Scandinavia, Russia and the CIS countries. As part of restructuring initiatives, airBaltic has […]
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As obesity levels hit record highs, why not combine your holiday and fitness regime in the Balearic sporting hub?
According to an authoritative global study released yesterday that raises fresh concerns about likely health consequences, the UK has higher levels of obesity and overweight people than anywhere in Western Europe except for Iceland and Malta. In the UK, 67% of men and 57% of women are either overweight or obese, according to the Global […]
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Russian museum to open €5m branch in Spain
Gold icons and expressionist paintings from one of Russia’s top art museums will go on permanent show in an old tobacco factory in the Spanish city of Malaga, officials said on Wednesday. The southern Spanish city of Malaga, home to thousands of Russian expats, has signed an agreement to host the first overseas branch of […]
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The Return of UK Buyers
International property markets are seeing a mass return of British buyers, according to specialist foreign mortgage provider Conti. Spain is seeing the most marked return, with almost six out of ten British overseas property buyers turning their attention to the country, writes Property Secrets The resurgence is perhaps the more notable for coming at the […]
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Craving sunshine? Alicante and Palma flights return to Humberside Airport
Flights to Spain from Humberside Airport have recommenced for the summer season. For the second year in a row, the airport is offering weekly services to Alicante and Palma, Majorca, in partnership with travel company JetXtra.com And this year, passengers will be travelling onboard British Airways planes – in the first regular service provided by […]
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Mallorca prepares for MareMostra Palma International Film Festival
The Spanish Balearic Islands are preparing for the third MareMostra Palma International Film Festival on the island of Mallorca. This year the festival – running from 26-31 May – will be focussing on cultural connections to the sea, both around the Balearics and internationally. “As we are in Palma on Mallorca, the sea is a […]
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Big Spenders in Spain see records tumble
Official figures have revealed that spending by international tourists in Spain has reached 10.066 million Euros up until March 2014. This represents an increase of 8.1% over the same period in 2013 and, according to the Ministry of Industry, Energy and Tourism, sets a new record. In March 2014 foreigners visiting Spain spent 3.982 Euros, […]
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Spanish property sales up 26%
The Spanish property market sales grew by 26% year on year in March according to the latest figures from the National Institute of Statistics (INE). Coastal areas, where foreigners tend to buy holiday and retirement homes, posted particularly strong gains with resales up 36% and new sales up 7%, the data also shows. But the […]
