Articles tagged as: canary islands

April 16th, 2014

According to data from the Spanish Ports of State, the number of cruise passengers docking at Spanish ports surged by 39.62% in the first two months of the year, to a total of 838,117 cruise passengers. In February, the Spanish ports received a total of 382 vessels, an increase of 19.38%, ...

Continue reading Spain Receives 40% More Cruise Passengers to February

April 15th, 2014

A total of 10.1 million foreign tourists visited Spain during the first quarter of 2014, representing an increase of 7.9% over the same period of 2013. This is according to data published in the Coyuntur report last week by the Ministry of Industry, Energy and Tourism, which confirmed the upward ...

Continue reading Foreign Tourist Arrivals Grew by 7.9% in First Quarter of 2014

April 15th, 2014

According to the latest data published by the National Statistics Institute, the sale of homes in Spain fell by a further 27.6% in February compared with the same month in 2013, to a total of 25,717 closed transactions. This decline was more than four points higher than January, when housing ...

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April 14th, 2014

The Spanish online holiday rental portal, HomeAway, carried out a study to forecast the demand for holiday rental accommodation ahead of the Easter holidays and, according to their data, it has increased by 46% compared to 2013 at national level, and 11% at international level. The length of stay has ...

Continue reading Demand for Easter Holiday Rental Accommodation Up 46%

April 11th, 2014

The Spanish Real Estate Market Index (IMIE) used by the real estate appraiser, Tinsa, to analyse housing prices in Spain, registered a year-on-year decline of 5.5% in March. According to their data, the descent moderated in the third month of the year placing the index at 1376 points, a value ...

Continue reading Tinsa Estimates House Prices Fell by 5.5% in March

April 9th, 2014

The average house price in Spain fell by 6.3% during the first quarter of 2014, compared to the same period in 2013, to stand at 1,270 euros per square metre, according to the Sociedad de Tasación. Thus, the price of homes, both new and used, have accumulated a decline of 47.1% ...

Continue reading House Prices Have Fallen by 47% Since 2007

April 3rd, 2014

The latest EGATUR Tourist Expenditure Survey results published by the Ministry of Industry, Energy and Tourism, reveal that the total expenditure by international tourists to Spain between January and February was the highest since records began, standing at 6.08 billion euros. This represents growth of 9.1% over the corresponding period ...

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April 2nd, 2014

The latest data published by the National Statistics Institute show that, in February, a total of 13.8 million overnight stays were registered in hotel establishments in Spain, indicating an increase of 5.5% when compared with the same month of 2013. Overnight stays of residents in Spain increased by 2.9%, and ...

Continue reading Overnight Hotel Stays Increased by 5.5% in February Year-on-Year

April 2nd, 2014

The price of existing homes in Spain continued to fall during the first quarter of 2014, dropping by 1.4%, to bring the price per square metre to 1,709 euros, according to idealista.com, who also indicated that the decline in year-on-year terms was 6.1%. Specifically, according to the property portal’s data, the ...

Continue reading Price of Used Housing Fell by 1.4% in First Quarter

March 27th, 2014

According to data from the independent consumer comparison website, Kelisto.es, up to 8.5 million homes in Spain, more than 30% of the total, do not have home insurance. This figure represents one million less properties insured than in 2007, when the crisis began. At the end of 2013 Spain counted more ...

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March 24th, 2014

The number of private home purchases made by foreigners during 2013 stood at 55,187, which represents 21.4% of all transactions carried out, according to the General Council of Notaries’ statistics published last Thursday. The Notaries indicated that the total number of transactions made by foreigners has accelerated significantly compared to previous ...

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March 21st, 2014

The Spanish Social Security system gained an additional 5,867 foreign contributors in February, an increase of 0.38% over the previous month, reaching a total of 1,520,688, the Ministry of Employment reported on Thursday. With the rebound in February, the number of foreigners in the Social Security system returns to the path ...

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March 14th, 2014

The average price of a home in Spain registered a year-on-year decline of 7.6% in February, compared with a fall of 7.2% the previous month, and has now accumulated a decline of 40.5% since the maximum values reached in December 2007, before the crisis. Thus, according to a report published this ...

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March 13th, 2014

According to the Ministry of Development’s latest statistics on residential property transactions carried out before a notary, 93,438 homes were sold in Spain in the fourth quarter of 2013, which represents a decline of 30.6% over the same period of 2012. However, the Ministry noted that the fourth quarter of 2012 ...

Continue reading 93,438 Homes Sold Between October and December 2013

March 6th, 2014

According to the latest figures from the tourism expenditure survey, Egatur, international tourists spent a total of 3,107 million euros in Spain in January, which represents an increase of 10.1% over the same month of 2013, and the highest level recorded in the comparable time series, announced the Ministry of ...

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