The beaches, resorts and assorted tourist attractions of Europe are undergoing a quiet revolution; a transformation to match the foreign-holiday boom unleashed by cheap package tours in the 1960s. The Russians are no longer coming. They have arrived. And the Chinese are on their way in even bigger numbers. With its pretty piazzas and ancient […]
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Europe’s most alluring spots become a playground for the new rich of the east
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Foreign buyers take advantage of cheaper property prices in Spain
The number of properties bought in Spain by foreigners rose for five consecutive quarters between 2011 and 2012 as they took advantage of falling prices. The third quarter of last year saw the greatest rise in home sales to foreigners, 18% more than the equivalent quarter in 2011 and a total of 8,803 transactions, official […]
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Mallorca tourism in 2013 to be as good as 2012
The domestic tourism market in Spain has been subdued in recent years because of the ecomonic crisis and many coastal resorts in Spain have suffered as a result. Whilst Mallorca has not escaped this decrease in Spanish visitors, the growing numbers of international tourists has helped to balance this. The popularity of Mallorca, Menorca, Ibiza […]
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Swap Christmas pud for paella and spend Christmas in the Costa del Sol with Taylor Wimpey España
We all love the festive season but Christmas time doesn’t need to mean grim weather and unbearably crowded shopping expeditions. This year why not opt for a bit of sunshine and vitamin D in your Christmas stocking? Indeed, more and more Brits are swapping their snowmen for sandcastles with research conducted by my Travel Cash, a prepaid […]
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35 % of Brits to buy abroad in the next two years with Spain top of the list
With the financial crisis making real estate in Spain more affordable than ever, the number of people looking to snap up a bargain Spanish property is ever increasing. Indeed, the volume of foreigners buying property in Spain has increased by 18.0% from last year as reported by online Spanish news portal, Invertia. Marc Pritchard, Sales […]
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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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Making history in 2012! Spain on track for best year ever in tourism revenues
In spite of concerns surrounding the Spanish economy this year, the nation has bounced back once again with 2012 predicted to be the best year ever in tourism revenues and second best in visitor numbers according to recent data. According to the Bank of Spain, from January to July 2012 the resilient Iberian nation saw […]
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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 received more than 19 million tourists in the first five months of the year, 7.3% up on the same period in 2010
Between the months of January and May, more than 19 million foreign tourists visited Spain, representing a 7.3% increase on the same period last year, according to figures published by the Spanish Inbound Tourism Survey (Spanish acronym FRONTUR), prepared by the Tourism Studies Institute of the Ministry of Industry, Tourism and Trade. In the […]
