Articles tagged as: balearic islands

November 24th, 2014

The Spanish Government’s Ministry of Employment announced on Thursday last week that the number of foreign contributors to the Spanish Social Security system dropped by 15,382 in October, to a total of 1,566,953, representing a decline of -1% compared to the previous month, and pointed out that this is the ...

Continue reading Social Security Registers Drop in Foreign Contributors in October

November 14th, 2014

The number of new businesses formed in Spain in the ninth month of the year reached a total of 6,633, representing the best figure recorded in September since 2008, when 7,337 new entities were created. According to the Mercantile Companies Statistics published this week by the National Statistics Institute, the figure ...

Continue reading New Businesses Up 5.5% in September

November 11th, 2014

According to the results of a study carried out by property portal, fotocasa.es, the average price of resale housing  in Spain stood at 1,637 euros/m2 in October, and recorded a month-on-month decline of -0.6%. Year-on-year, prices fell by -6.2% in October 2014, which represents a slowdown compared to the -9.4% ...

Continue reading Resale Housing Prices Fell by 6.2% Y-o-Y in October

November 5th, 2014

Month-on-month, the price of used housing in Spain fell by just 0.1% in October compared with the previous month, to stand at a price of 1,600 euros per square metre, according to the latest house price index from property portal idealista.com, indicating that the year-on-year decline in October amounted to ...

Continue reading Price of Second Hand Homes Fell by 0.1% in October

November 4th, 2014

According to the latest monthly report released by www.pisos.com on house selling prices, prices are still falling month-by-month. The property portal’s report notes that resale housing in Spain registered an average price of 1,574 euros per square metre in October 2014. Compared to October 2013, this represents a decline of ...

Continue reading Price of Resale Housing Fell by 9.19% Y-o-Y in October

November 3rd, 2014

According to the latest Egatur Tourist Expenditure Survey figures released by the Spanish Government’s Ministry of Industry, Energy and Tourism, international tourists visiting Spain spent a record 50.64 billion euros between January and September, representing a year-on-year increase of 7.3% over the same period last year, while average spending figures ...

Continue reading International Tourists’ Spending Up 7.3% to September

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