Archives for October 2012

October 31st, 2012

In response to a letter from the Secretary of State for European Affairs, Iñigo Méndez de Vigo, the Vice President of Justice for the European Commission, Viviane Reding, has confirmed that the "official position" of the EU executive is that if Catalonia becomes independent then it will be left out ...

Continue reading An Independent Catalonia Will Be Left Out of the EU, Says Brussels

October 31st, 2012

The Consumer Price Index (CPI) climbed one-tenth in October, bringing its yearly rate to 3.5% - which is its highest level since May 2011. This is shown in the leading indicator of the evolution of prices in Spain published yesterday by the National Statistics Institute. With the October data, the annual ...

Continue reading VAT Hike Takes Inflation to 3.5%

October 30th, 2012

According to the latest data provided by the tourism expenditure survey, Egatur, prepared by the Ministry of Industry, Energy and Tourism, in the first nine months of the year international tourists’ spending reached 45,106 million euros, representing an improvement of 7.2% over the same period in 2011, and five consecutive ...

Continue reading Foreign Tourists’ Spending Up 7.2% to September

October 30th, 2012

Household Expenditure Fell 3.5% Between 2006 and 2011 Top Spanish Holiday Rentals This Week on Kyero Top Spanish Long Term Rentals This Week on Kyero Top Spanish Properties This Week on Kyero Kyero in Catalan and Polish Spain Sees Record Unemployment in Third Quarter Costa Del Sol Ends Summer with More Tourists and More Spending Financial Institutions ...

Continue reading Property Pulse Issue 401 – 29th October, 2012

October 30th, 2012

According to the 2011 Household Budget Survey published yesterday by the National Statistics Institute, the average expenditure per Spanish household amounted to 29,482 euros in 2011, which represents a decrease of 1% compared to 2010, and 3.5% in relation to 2006. The average spending per person last year amounted to ...

Continue reading Household Expenditure Fell 3.5% Between 2006 and 2011

October 30th, 2012

This week, thousands of new properties were advertised on Kyero.com. Here's this week's top Spanish Holiday Rental properties - as voted by you. Properties for rent under €1,000 per week €100 Moraira, Alicante 5 bed, 4 bath Villa from Casalets €290 Nerja, Malaga 1 bed, 1 bath Villa from Nerja Property Services €550 Denia, Alicante 3 bed, 2 bath Villa from Deniasol €245 Nerja, Malaga 1 bed, ...

Continue reading Top Spanish Holiday Rentals This Week on Kyero

October 29th, 2012

Here's this week's top Spanish Long term rental properties - as voted by you. Properties to rent under €1,000 per month €500 Cehegin, Murcia 4 bed, 2 bath Country House from CSV The Voice Property Services €495 Arboleas, Almeria 3 bed, 2 bath Villa from Indalo Real Estate €385 Huercal-Overa, Almeria 4 bed, 1 bath Villa from Voss Homes €650 Gandia, Valencia 3 bed, 2 bath ...

Continue reading Top Spanish Long Term Rentals This Week on Kyero

October 29th, 2012

Each day, we record the popularity of every Spanish property advertised on Kyero. We measure how fresh and complete the advert is, and how visitors interact with it. This week, thousands of new properties were advertised on Kyero.com. Here's this week's top Spanish properties - as voted by you. Properties priced under €250,000 €45,000 Palomares, Almeria 3 ...

Continue reading Top Spanish Properties This Week on Kyero

October 29th, 2012

At the end of a meeting held last week at Moncloa Palace with the leaders of the Spanish Tax Office, the President of the Spanish Government, Mariano Rajoy, thanked the professionals who work at the Spanish Tax Office for their efforts, describing them as essential "not only because of ...

Continue reading Government has an Obligation to Stamp out Tax Fraud, says Rajoy

October 29th, 2012

It's been a while coming - but Kyero is now available in Catalan and Polish. This brings the total number of languages we support to 11. Bulgarian, Greek, Finnish, Japanese, Norwegian, Swedish, Turkish and Simplified Chinese are all currently in progress. And because we use Locale to also manage translations for Kyero mobile, mobile ...

Continue reading Kyero in Catalan and Polish

October 29th, 2012

According to data from the Labour Force Survey published on Friday by the National Statistics Institute for the third quarter, the unemployment rate in Spain has exceeded 25% for the first time, which means that one in four workers cannot find a job. The number of unemployed increased by 85,000 ...

Continue reading Spain Sees Record Unemployment in Third Quarter

October 26th, 2012

According to provisional results from the National Statistics Institute’s Living Conditions Survey, more and more Spanish families are struggling to make ends meet as a result of the crisis. Specifically, the percentage of Spanish households in difficulty this year is declared at 12.7%, a figure which exceeds that registered in ...

Continue reading Crisis Wreaks Havoc on Spanish Families’ Finances

October 26th, 2012

The Costa del Sol overcame the test of a difficult summer better than anticipated. Although ten million fewer overnight stays were registered than in 2011 – 49 million compared to 59 million last year - the number of tourists increased by 1.8% to almost five million. And as these tourists ...

Continue reading Costa Del Sol Ends Summer with More Tourists and More Spending

October 25th, 2012

The crisis has boosted the number of Spanish youths (15-29 years) who neither work nor study nor are in training, known in Spain as 'ninis' and which the European Union has officially dubbed as NEETs (Not in Education, Employment or Training). In the latest report published by Eurofound, the European ...

Continue reading Crisis Increases Number of ‘ninis’ by 34%

October 25th, 2012

In a race to reduce their real estate portfolios, containing the bulk of their toxic assets, before the 'bad bank' starts operating in December, Spanish banks are boosting incentives for home purchases, offering discounts in some cases of over 50%. The phenomenon is not new and since the beginning of the ...

Continue reading Financial Institutions Rush to Sell Homes Ahead of ‘Bad Bank’