holiday homes
April 3rd, 2013
Global demand for holiday rental accommodation in Spain during Easter Holy Week this year increased by 29% compared to Easter of 2012, according to statistics from the Spanish Internet holiday rental portal, Homeaway.es. Demand for accommodation in Spain by European and American tourists saw an increase of 33%, and domestic tourism ...
Continue reading Holiday Rentals Up 29% at Easter
May 15th, 2012
The average price of home rentals in Spain grew by 0.7% during April, compared to same month of 2011, according to latest figures released on Friday by the National Statistics Institute. The increase in rental prices stands 1.4 points below the overall CPI, which reached 2.1% in April. However, rental prices ...
Continue reading Rental Prices Rose 0.7% in April
April 12th, 2012
In the five years property consultants Knight Frank and the City Private Bank have been producing the Wealth Report, a report on the investment trends of the largest fortunes in the world, London, New York, Beijing, Paris, Shanghai and Singapore are the cities considered by the richest as the most ...
Continue reading Millionaires Choose Spain for Holiday Homes
February 21st, 2012
The Government claims new homes will continue to become less expensive this year and almost 65% of the excess of new housing is located in coastal areas. Without free flowing funding or increased employment, it is harder to shift this stock, reported Cinco Dias. The majority of the homes which will ...
Continue reading New Homes Will Drop Further in Price
June 29th, 2011
Rental prices for houses and apartments on the Spanish coast have seen an average drop of 3% in 2011 compared to last year, according to a study by fotocasa.es. The property portal recorded decreases of up to 15% - with Manilva, in the Malaga province, seeing rental prices drop by 14.8%, ...
Continue reading Spanish Coastal Properties Cheaper to Rent
June 17th, 2011
If you are considering buying or selling a home, or are even just curious how much your neighbour's house is worth, more tools are becoming available on the Internet which can help you find the information you are looking for, reports Cinco Dias. For a reasonable price (usually between four and ...
Continue reading Tinsa Launches Online Home Valuation Tool
May 9th, 2011
Secretary of State for Economic Affairs, José Manuel Campa, in an appearance before the Spanish Parliament Economy Committee, said he was confident that the construction sector’s contribution to GDP growth will mark a recovery by the end of this year. He believes that this will be achieved by reducing the 'stock' ...
Continue reading Spanish Construction Sector to Pick Up by End of 2011
April 26th, 2011
The PP (El Partido Popular) is to promote a "super reduced” VAT rate (IVA in Spanish) for the tourism sector, which is expected to benefit such services as accommodation, catering and public transport and aim to bring them in line with their European competitors. Ana Mato, PP’s Deputy Secretary, says the ...
Continue reading "Super Reduced" VAT Rate for Tourism Sector
April 25th, 2011
The infamous “ground clause” or "cláusula suelo" - a minimum interest rate that financial institutions applied to many mortgages in order to insulate themselves from possible declines in the Euribor - has caused loans taken before the crisis to increase, in some cases, from anywhere between 1,000 and 5,000 euros. During ...
Continue reading Getting Wise to the 'Ground Clause' – 'Cláusula Suelo' in English
April 20th, 2011
Holidaymakers unnerved by turmoil in the Middle East are giving Spain's tourist industry a welcome boost, but for the sector to hold its gains and help drive economic growth, it must become more competitive. That may require politically and fiscally difficult cuts in wages and taxes as Spain -- like other ...
Continue reading Spain Set for Tourism Boost
April 14th, 2011
It will take a long time for the real estate market in southern Spain to recover from the bursting of the bubble, although the good news is that there is light at the end of the tunnel. Developers and estate agents are now optimistically clinging to a lifeline that has ...
Continue reading Costa Del Sol Property Attracting More Foreign Buyers
April 12th, 2011
Ryanair Holdings Plc (RYA) will cut half its routes from Alicante, Spain, after the airport there said people must board via airbridges instead of stairs in a move the carrier says will cost it 2 million euros ($2.8 million) a year. Ryanair faces a charge to fund the bridges at Alicante’s ...
Continue reading Ryanair Slashes Spanish Flights Over Boarding Row
April 6th, 2011
Sightseers come to Spain for the Alhambra, the Gaudis, the beaches. But Spaniards talk about a new set of landmarks, a kind of tourist anti-attraction. You can find them clustered on the outskirts of big cities and around holiday resorts, in Madrid and Valencia. They are half-completed housing estates, often ...
Continue reading The Nightmare of Spain's Ghost Towns
March 24th, 2011
The number of foreign visitors to Spain's Canary Islands soared in February, official data showed Tuesday, as sunseekers shunned rival resorts in Egypt and Tunisia because of anti-government uprisings there. The archipelago located off the coast of Morocco received 903,985 visitors last month, an 18.5 percent jump over the same time ...
Continue reading Spain's Canary Islands Reports Surge in Tourism
March 22nd, 2011
Built on the site of a former Moorish stronghold, with a Cathedral (formerly the city’s main Mosque) at its heart, Malaga has all the hallmarks of a classical Andalucian city. Its city center has long outgrown the lines of the old Moorish city, though its walls remain largely in place ...
Continue reading Malaga – Andalucía’s Second Largest City
