Articles tagged as: canary islands

March 3rd, 2015

Data from the latest Egatur tourist expenditure survey, released by the Ministry of Industry, Energy and Tourism, show that international tourists’ expenditure in Spain in January registered the highest figure in the comparable series for that month, reaching 3,402 million euros and a year-on-year increase of 9.5%. The result was due ...

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March 3rd, 2015

According to a report released last week by the Spanish Government’s Ministry of Public Works, the average price of private housing in Spain rose by 0.5% in the last quarter of 2014, representing its first quarterly increase since the start of 2008, the year the crisis began, bringing the average ...

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February 26th, 2015

Spanish hotel establishments recorded a total of 13.3 million overnight stays in January, and registered an increase of 4.2% over the same month of 2014, driven by both domestic and international tourism, according to figures published this week by the Spanish National Statistics Institute. In contrast, the average length of stay ...

Continue reading Spanish Hotel Stays Increased by 4.2% in January

February 25th, 2015

Spain’s tourism figures for the first month of 2015 were the best recorded for a month of January in the whole of the comparable historical series. According to data from the Frontur tourist border movements survey for January, prepared by the Ministry of Industry, Energy and Tourism, the number of ...

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February 19th, 2015

According to the ‘Equal Work, Equal Pay’ report, prepared by the Spanish General Union of Workers (UGT), the wage gap between the sexes increased and reached 23.93% in 2012, bringing it back to 2002 levels in comparison to Europe, and the highest rate in the past five years. Female workers earned ...

Continue reading Wage Gap Between Men and Women at 2002 Levels

February 16th, 2015

Through its network of offices and via Haya Real Estate, the real estate portal responsible for marketing the property of the financial institution, Bankia is offering over 3,500 homes for sale throughout Spain, with discounts as high as 50%. 80% of these homes have prices under 80,000 euros, and the ...

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February 13th, 2015

The Tinsa IMIE General and Large Markets Index for January, published this week, shows that in January this year the average price of finished housing (new and used) stood at 2.7% below the level of January 2014. This is the first time since June 2008 that the General Index has ...

Continue reading House Prices Fell by 2.7% Y-o-Y in January

February 10th, 2015

The average price of second hand housing in Spain stood at 1,629 euros/m2 in January, and registered a month-on-month decline of -0.2% compared with December, according to data from property portal, fotocasa.es. In year-on-year terms, prices recorded a fall of -6.1% in January, which is more moderate than the decline ...

Continue reading Resale Housing Prices Fell by -0.2% in January

February 4th, 2015

The Spanish Ministry of Employment and Social Security reported on Tuesday that the number of unemployed people registered at the offices of the public employment services stood at 4,525,691 at the end of January, after increasing by 77,980 compared to the previous month, the lowest rise in a month of ...

Continue reading Spain’s Unemployment Rose by 77,980 People in January

February 2nd, 2015

The difference between the asking price for an apartment in Spain and the budget a potential buyer is actually willing to pay, was 27,810 euros at the end of 2014 – representing 25% of the average apartment value – and is 7.5% higher than a year earlier, according to a ...

Continue reading Gap Between Buying and Selling Prices Grew by 7.5% in 2014

January 30th, 2015

In 2014, for the second consecutive year, Spain beat their best historical record for international tourist spending, reaching 63,094 million euros, an increase of 6.5% over the figure for 2013, which was also a record year. While presenting the data from the Egatur tourism expenditure survey this week at the Spain ...

Continue reading International Tourists Again Register Record Spending in 2014

January 28th, 2015

The data from the latest Frontur Tourist Border Movements Survey reveal that, in 2014, Spain managed to beat, for the second consecutive year, its historical record for international arrivals, with 64.9 million foreign tourists visiting the country last year, which is an increase of 7.1% over the previous year, and ...

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January 26th, 2015

The number of unemployed people in Spain fell by 477,900 people in 2014 to a total of 5,457,700, and the unemployment rate stood at 23.7% of the active population at the close of the year, which is two points lower than at the end of 2013 (25.73%), and one point ...

Continue reading Unemployment Rate Stood at 23.7% at End of 2014

January 20th, 2015

A total of 33,200 youths under 25 years of age signed a permanent work contract in 2014, representing an increase of 54% over the previous year, and its biggest increase since 2008, according to a report compiled by the Human Resources organisation, Randstad, from data provided by the Spanish public ...

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January 19th, 2015

Repsol has decided to abandon their controversial exploration of hydrocarbons in the Canary Islands after finding that the discovery of gas there (from methane to hexane) is insufficient in quantity and quality in order to merit extraction.  The company said in a news release that "the analysis of the sample ...

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