Articles tagged as: canary islands

July 23rd, 2014

The services sector in Spain recorded an increase in turnover of 2.1% in May, compared to the same month of 2013, thus accumulating nine consecutive months of year-on-year increases, according to provisional data published last week by the National Statistics Institute. The year-on-year increase registered in May is two tenths higher ...

Continue reading Services Sector Turnover Rose 2.1% in May Accelerating Job Creation

July 11th, 2014

According to the Exceltur Alliance for Tourism Excellence, Spanish tourism will grow by 2.4% in 2014, following growth of 3.1% in the second quarter of the year. This is an upward revision of their previous estimates, which put the increase for the full year at 2%, due to an improved ...

Continue reading Domestic Demand Set to Boost Spain’s Tourism Industry in 2014

July 10th, 2014

The Spanish real estate market is continuing to recover from the crisis and now appears to be on the right path. The average price overall of new and used housing stood at 1,328 euros per square metre at the end of the second quarter of 2014, representing an increase of ...

Continue reading Price of Housing Up 4.5% Quarter-on-Quarter

July 2nd, 2014

A total of 26.7 million overnight stays were registered in Spanish hotel establishments in May, representing an increase of 1.4% over the same month of 2013, boosted by a 4% rise in stays by residents in Spain, while foreigners’ bookings grew by 0.2%. In the first five months of the year, ...

Continue reading Domestic Tourism Boosts Hotel Bookings by 1.4% in May

June 30th, 2014

Spending by international tourists reached 20,129 million euros through to May, representing an increase of 9.1% over the same period in 2013, according to figures released on Thursday from the Egatur tourism expenditure survey conducted by the Ministry of Industry, Energy and Tourism. In the first five months of the ...

Continue reading Foreign Tourists Spent 20,129 Million Euros in Spain to May

June 30th, 2014

The number of new mortgages granted on homes recorded in the property registers stood at 15,326 in April, which is 13.4% less than the same month in 2013, according to data published last week by the National Statistics Institute, who pointed out that these figures come from transactions carried out ...

Continue reading Home Mortgages Fell by 13.4% in April

June 27th, 2014

Foreign membership of the Spanish Social Security system stood at 1,608,221 people in May, representing an increase of 44,600 contributors over the previous month, although the figure is 43,169 less compared to the same month last year. According to data released this week by the Ministry of Employment and Social Security, ...

Continue reading 44,600 More Foreign Contributors to Spanish Social Security System in May

June 20th, 2014

Houses in Spain, as all the studies suggest, are still getting cheaper, but at a more moderate rate. The most recent report to confirm this is the Spanish Real Estate Market Index (IMIE) from the property appraiser, Tinsa, who reported that the average price of housing fell by 4% in ...

Continue reading House Prices at 2003 Levels, Says Tinsa

June 19th, 2014

The low cost airlines transported 10.9 million passengers to Spain in the first five months of the year, representing an increase of 10.4% over the same period last year, according to data released this week by the Tourism Studies Department of the Ministry of Industry, Energy and Tourism. In contrast, the ...

Continue reading Budget Airlines’ Passenger Traffic up 10.4% to May

June 5th, 2014

Private housing prices are still depreciating, but at a much slower pace. According to statistics from the Ministry of Development, house prices fell by 3.8% in the first quarter of 2014, a negative percentage which confirms the moderation of price declines recorded in the market in recent months (-4.2% in ...

Continue reading House Price Declines Moderate

June 2nd, 2014

Foreign tourists who visited Spain between January and April spent a record 14,856 million euros, representing an increase of 11.2% over the same period of 2013. Germany, the United Kingdom and the Scandinavian countries were the main source markets that contributed to this increase, and the Canary Islands the biggest beneficiary ...

Continue reading Foreign Tourists Spent Record 14,856 Million Euros From January to April

June 2nd, 2014

In March this year, the number of new mortgages granted on homes recorded in the property registers stood at a total of 16,625, which is 2% higher than the same month of 2013, according to data released on Wednesday by the National Statistics Institute, based on figures from transactions carried ...

Continue reading New Home Mortgages Up 2% in March

May 29th, 2014

According to the latest study released by the Sociedad de Tasación, house prices have plummeted by 47.1% since the peaks reached in the "boom" years of the real estate sector, and stood at 1,270 euros per square metre at the end of the first quarter, although they expect a less ...

Continue reading Property Values Have Fallen by 47% Since 2007

May 28th, 2014

According to the latest Frontur survey of tourist border movements published last week by the Ministry of Industry, Energy and Tourism, Spain received 15.3 million foreign tourists between January and April, which is 9.2% more than in the first quarter of 2013. Almost all major emitting countries contributed to this increase, ...

Continue reading Spain Received 15.3 Million International Tourists Through to April

May 27th, 2014

The number of foreign citizens registered with the Spanish Social Security system stood at 1,563,621 in April. This figure represents an increase of 27,732 people (or 1.81%) and is the largest increase since May 2012 (when it rose by 1.19%). Year-on-year the decline in the number of foreign contributors currently stands ...

Continue reading 27,732 More Foreign Contributors to Spanish Social Security System in April