Articles tagged as: balearic islands

October 31st, 2014

The National Institute of Statistics published a news release this week relating to the municipal elections which are due to be held in Spain on 24th May 2015. The Electoral Census Office has sent a communication to 422,008 EU citizens who are resident in Spain but who have not previously expressed ...

Continue reading Spain Municipal Elections May 2015

October 30th, 2014

The results of a recent study conducted by the EAE Business School entitled ‘Fast Food Spending in Spain 2014’ revealed that the Spanish spent around 1,862 million euros on fast food in 2013, representing an increase of 1.2% over the previous year and an increase of 6.58% since 2007. The report, ...

Continue reading Spain Among Countries to Spend Less on Fast Food in 2013

October 30th, 2014

The average value of home mortgages contracted in Spain in August this year reached 102,430 euros, which is an increase of 5.8% over the same month of 2013, while the capital loaned increased by 31% year-on-year, to a total of 1,540.5 million euros. According to the latest data published this week ...

Continue reading Home Mortgages Increased by Nearly 24% Y-o-Y in August

October 24th, 2014

The Minister of Industry, Energy and Tourism, José Manuel Soria, announced on Wednesday that Spain received 52.4 million foreign tourists up to the end of September, which represents an increase of 7.4% over the same period last year, and noted that with the September data Spain has closed "the best ...

Continue reading Record 62 Million International Tourists Expected in 2014

October 15th, 2014

The average price of second hand housing in Spain stood at 1,647 euros per square metre in the third quarter of the year, which is 0.5% less than the previous quarter, and the lowest decline registered since the first quarter of 2010, according to a recent report by property portal, ...

Continue reading Q3 Home Resale Prices Softening

October 14th, 2014

The National Institute of Statistics reported last week that the number of home sales in Spain fell by 1.1% in August, over the same month in 2013, to a total of 23,525 transactions, due to the decline in the number of transactions on new properties. This year-on-year decline is the first registered ...

Continue reading August Home Sales Down 1.1% YoY

October 13th, 2014

According to the Sociedad de Tasación’s latest Quarterly Housing Situation Report, the average price of housing, new as well as second hand, stood at 1,309 euros per square metre in the third quarter of 2014, which is 4.1% more than in the same period in 2013, and confirms the recent ...

Continue reading Q3 House Prices Rise 4.1% YoY

October 8th, 2014

According to the latest statistics released by the Ministry of Development, the Spanish housing sector is showing definite signs of recovery. Their data shows that the private housing market moved 22,255.1 million euros in Spain in the first half of 2014, which is an increase of 31% compared to the ...

Continue reading Housing Sector Transaction Value up by 31% YoY

October 7th, 2014

The average price of second-hand housing stood at 1,600 euros per square metre at the end of September, according to property portal, idealista.com, which represents a decrease of 4.4% compared with the same period last year. Between the months of June and September generalised price decreases were registered in all regions ...

Continue reading Home Resale Prices Fell by 4.4% in Q3

October 6th, 2014

According to the latest data from online holiday rental specialists, HomeAway, Inc., tourists from the main European source markets for Spain increased their demand for holiday rental accommodation by 14% during the summer. This is the result of their analysis of data collected in Germany, France, Italy, Portugal and the ...

Continue reading Holiday Rental Demand Up 14% in September

October 1st, 2014

Spending by international tourists registered a new record up to the end of August, reaching 43,584 million euros, which represents an increase of 7.4% over the same period in 2013, according to figures provided on Friday by the Egatur tourist expenditure survey prepared by the Ministry of Industry, Energy and ...

Continue reading Foreign Tourists’ Spending Reaches Record Level to August

September 29th, 2014

Overnight stays in Spanish hotel establishments totalled 43 million in August, and increased by 2.7% over the same month of 2013, driven by both domestic and foreign tourism, according to figures released last week by the National Statistics Institute. The use of hotels by residents of Spain increased by 3.6% to ...

Continue reading Hotel Stays Rose by 2.7% in August to 43 Million

September 26th, 2014

Home sales soared by 12% in the second quarter of the year, compared to the same period of 2013, the second consecutive quarterly rise for this indicator and the best second quarter since 2010, according to the latest data from the Ministry of Development. The number of transactions carried out in ...

Continue reading Home Sales in Q2 Reach Highest Level Since 2010

September 25th, 2014

According to statistics from the General Council of Notaries, foreign buyers continue to be one of the main drivers of the residential property market in Spain. During the second quarter of 2014, the number of private housing acquisitions carried out by foreign buyers amounted to a total of 18,466, which ...

Continue reading Foreign Buyers Still Driving the Spanish Housing Market

September 24th, 2014

Spain received 45.4 million foreign tourists through to August, representing an increase of 7.3% over the same period last year, according to the latest Frontur tourist border movements survey released on Monday by the Ministry of Industry, Energy and Tourism. In fact, in the month of August the international tourist arrivals ...

Continue reading Spain Received Record 45.4 Million Foreign Tourists to August