Articles tagged as: balearic islands

July 3rd, 2015

International tourists visiting Spain spent a record 21,809 million euros in the first five months of the year, which is an increase of 8.4% compared to the same period in 2014. The average daily expenditure rose by 4.4%, to 116 euros, and the average expenditure per tourist increased by 3.1%, to ...

Continue reading International Tourists’ Spending up 8.4% to May

June 26th, 2015

The average number of foreign citizens registered with the Spanish Social Security system stood at 1,663,217 in May, representing an increase over April of 3.44%, or 55,334 social security contributors. A total of 901,882 of these foreign contributors are men and 761,335 are women. The May increase in contributors is the ...

Continue reading Foreign Social Security Contributors Rose by 55,334 in May

June 12th, 2015

The holiday housing market continues to be affected by the adjustment of prices and the absence of new developer activity in the greater part of the Spanish coastal areas. However, according to a report prepared by the real estate appraisal company, Tinsa, entitled “Vivienda en Costa 2015”, in many of ...

Continue reading Holiday Home Market Picking Up in Coastal Areas

June 11th, 2015

The average price of free housing in Spain slightly moderated its increase at the beginning of 2015. According to the Housing Price Index (HPI) published by the National Statistics Institute this week, the price of homes rose by 1.5% in the first quarter of the year, compared to the same ...

Continue reading The Rise in House Prices Moderates

June 5th, 2015

According to the latest Tinsa IMIE General and Large Markets Index, the average price of housing in Spain in May, was 1.6% cheaper than at the end of 2014, similar to the accumulated decline recorded in the Balearic and Canary Islands with respect to December 2014, which stood at 1.5%. ...

Continue reading House Prices on the Coast Rose by 1.4% to May

May 29th, 2015

According to the calculations of the multinational human resource consulting company, Adecco, and one of their divisions, Adecco Outsourcing, the summer campaign in Spain, which covers the months of June to September, will generate around 989,048 contracts of employment, which is an increase of 13% over the same period in ...

Continue reading Adecco Predicts Creation of a Million Jobs Over Summer

May 28th, 2015

The number of foreign citizens registered with the Spanish Social Security system stood at 1,607,883 in April, representing an increase of 2.85%, or 44,540 National Insurance contributors, compared with the previous month. According to the Spanish Government website, La Moncloa, this increase in contributors was the largest registered for the ...

Continue reading Foreigners Registered in Spanish Social Security System up 2.85% in April

May 27th, 2015

Spain continues to break records for foreign tourist arrivals, and received 16 million visitors in the first four months of the year, representing an increase of 4.4% over the same period of 2014. Moreover, in April alone, Spain registered a record 5.4 million visitors, an increase of 2.8%, largely due to ...

Continue reading Spain Receives Record 16 Million Tourists to April

May 18th, 2015

Spain has this year been awarded a total of 678 blue flags: 101 for its marinas and 577 for its beaches, which is four more than last year and a new record. "This means that not only one in every five Spanish beaches have this distinction, but that, in addition, one ...

Continue reading A Record 577 Spanish Beaches Will Raise a Blue Flag this Summer

May 11th, 2015

Home sales in Spain increased by 2.1% in March compared to the same month of 2014, reaching a total of 27,280 transactions, according to data published by the National Statistics Institute last week, relating to sales recorded in the property registers from transactions carried out in previous months. This year-on-year ...

Continue reading Homes Sales Rise 2.1% in March Y-o-Y

May 5th, 2015

Real estate appraisal company, Tinsa, reported yesterday that average housing prices in Spain registered a year-on-year decline of 1.7% in April, compared with the decline of 2.8% registered the previous month, and have accumulated a decline of 41.2% since their maximum values reached in December 2007, before the start of ...

Continue reading Decline in House Prices Moderates to 1.7% in April

April 24th, 2015

Spain closed the first quarter of the year with a record turnover of 10.6 million foreign tourists, which represents an increase of 5.3% over the same period in 2014, according to the latest Frontur tourist border movements survey data, published this week by the Ministry of Industry, Energy and Tourism. The ...

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April 22nd, 2015

According to the Continuous Household Survey data for 2014, published by the National Statistics Institute, the number of people opting for rental housing is increasing, with up to 16.6% of Spanish families already living in rented homes. Although still far from the averages for other European countries, this percentage represents quite ...

Continue reading Rental Housing Gaining in Popularity

April 17th, 2015

Real estate appraisal company, Tinsa, reported earlier this week that average house prices in Spain registered a decline of 2.8% year-on-year in March, compared with a decline of 3.6% registered the previous month, and has now accumulated a decline of 41.4% since the maximum values reached in December 2007, before ...

Continue reading Average House Prices Have Fallen by 41.4% Since 2007

April 13th, 2015

According to the BBVA’s 'Flash Real Estate Spain' report for April, the real estate sector in Spain is officially in recovery, and their statistics indicate that the situation is likely to continue, with the buying and selling of houses, construction and the signing of new mortgages continuing to rise, driven ...

Continue reading Spain Property Sector Still Recovering, Says BBVA