Articles tagged as: balearic islands

August 28th, 2014

In July, Huesca was the Spanish province where the greatest discounts were requested from people interested in renting a home, with the potential renters making offers an average of 18.9% lower than the prices sought by the owners, according to data from the property portal idealista.com. At the end of July, ...

Continue reading Largest Rental Property Discounts Requested in Huesca Province

August 27th, 2014

In the first seven months of the year, Spain received 36.3 million international tourists, representing an increase of 7% over the same period of 2013, according to the latest Frontur tourist border movement survey, published on Friday by the Ministry of Industry, Energy and Tourism. This increased influx of tourists comes ...

Continue reading Spain Received 36.3 Million International Tourists through to July

August 26th, 2014

The number of foreign contributors to the Spanish Social Security system stood at a total of 1,600,764 people in July, representing a decline of 8,913 workers (-0.55%) compared to the previous month, despite Spain’s good employment figures for July when an additional 62,000 contributors were registered in the system. According to ...

Continue reading Social Security Loses 8,913 Foreign Contributors in July

August 22nd, 2014

The IPE Institute’s real estate pulsometer estimates that the stock of unsold homes in Spain will reach a total of 652,000 in 2014, which is an increase of 14.8% over the previous year. Since 2010, the surplus of unsold homes has fallen by only 290,000 homes. The regions with the largest ...

Continue reading Valencia Region has Largest Stock of Unsold Homes

August 20th, 2014

According to data released on Monday from the tourism studies section of the Ministry of Industry, Energy and Tourism, in the first seven months of the year the low cost airlines carried 18.3 million passengers, which represents an increase of 10% over the same period last year. In contrast, the traditional ...

Continue reading Low Cost Airlines Transported 18.3 Million Passengers to July

August 20th, 2014

Housing rental prices fell by 0.8% in July 2014, the same decline they experienced a month earlier, and half a point higher than the overall rate, which stood at -0.3%, according to the latest data published by the National Statistics Institute. By region, the most significant decreases were registered in: Navarra ...

Continue reading Rents Fell Another 0.8% in July

August 12th, 2014

The National Statistics Institute reported last week that, in June, the sale of homes in Spain rose by 8.8%, compared with the same month of 2013, reaching a total of 26,076 transactions, mainly thanks to the impetus of the second hand market. The year-on-year increase in June is the fourth consecutive ...

Continue reading Home Sales in Spain Increased by 8.8% in June

August 8th, 2014

Declines in housing prices are continuing, but are less intense as time passes. This is according to the pisos.com monthly report on selling prices, which notes that resale property in Spain registered an average price of 1,603 euros per square metre in July 2014. This represents a fall of 8.62% ...

Continue reading Annual Decline in Housing Prices in Spain Moderates

August 7th, 2014

The average price of a used home fell by 5.6% in July, over the same month of 2013, to reach a price per square metre of 1,676 euros, according property portal idealista.com. Month-on-month, the prices rose in three regions: the Balearic Islands (+1.1%); Cantabria (+0.2%) and Madrid (+0.1%). All the remaining ...

Continue reading Second Hand Home Prices Fell by 5.6% in July Year-on-Year

August 5th, 2014

  Foreigners invested an average of 381,860 euros on home purchases on the Spanish coast in 2013, according to a study prepared by the property portal, Fotocasa, and the five nationalities who spent most last year were the Russians, Germans, Belgians, British and French. In addition, the study noted a growth in ...

Continue reading Foreigners Invested an Average of 381,000 euros on Coastal Properties in 2013

August 4th, 2014

  The average retirement pension in Spain has for the first time exceeded 1,000 euros per month and stood, at the beginning of July, at 1,000.54 euros, which represents a 2% increase over the same month of 2013, according to the latest contributory pension statistics published last week by the Ministry ...

Continue reading Spanish Retirement Pensions Exceed 1,000 Euros for First Time

August 1st, 2014

According to the latest estimates from the Ministry of Development, at the end of 2013, Spain had a total of 563,908 unsold new homes, which is 3.3% lower than a year earlier. Thus, during the past year the rate of absorption of the 'stock' has slowed, as in 2013 the ...

Continue reading ‘Stock’ of Unsold New Homes Reduced by 3.3% in 2013

July 31st, 2014

Foreign tourists who visited Spain in the first six months of the year spent 26,345 million euros, which is 7.8% more than in the same period of 2013, and a new record in this comparable time series. According to the Egatur Tourism Expenditure Survey, the United Kingdom was the first tourist ...

Continue reading Foreign Tourists Spent 7.8% More in Spain to June

July 30th, 2014

Foreign contributors to the Spanish Social Security system amounted to a total of 1,609,677 persons in June, representing an increase of 0.09% over the previous month, according to data published last week by the Ministry of Employment and Social Security. Compared to May, the number of foreign citizens contributing to the ...

Continue reading Foreign Social Security Contributors Up 0.09% in June

July 28th, 2014

According to the latest Frontur Inbound Tourism Survey results, released by the Ministry of Industry, Energy and Tourism, Spain posted a new record for the first half of this year with a total of 28 million inbound tourists, representing an increase of 7.3% over the same period of 2013. Between January ...

Continue reading Spain Received Record 28 Million International Tourists to June