madrid
April 4th, 2013
The State Public Employment Service records revealed this week that unemployment at the end of March 2013 fell by 4,979 people compared to the previous month, a drop of 0.1%. This is the first time since 2008 that unemployment has fallen in March, and is in sharp contrast with the data ...
Continue reading Spanish Unemployment Falls by 4,979 in March
April 1st, 2013
According to data released by the Ministry of Development last week, foreign residents in Spain completed real estate transactions on private homes amounting to 6,336 million euros in 2012. This amount represents an increase of 13.7% over the figure recorded in 2011, which was 5,573.3 million euros. The second-hand housing market ...
Continue reading Foreign Residents’ Investment in Housing up 13.7% in 2012
March 12th, 2013
In January this year, 8,853 new companies were created in Spain, which is 11.3% more than in the same month of 2012, the National Statistics Institute reported on Friday. Meanwhile, the number of commercial companies dissolved in January came to 3,482, representing a drop of 12.9% compared to January last ...
Continue reading Creation of New Companies up 11.3% in January
March 6th, 2013
According to data released by the Ministry of Employment and Social Security on Monday, the number of people unemployed in Spain increased by 59,444 people in February, which is up 1.19% from the previous month, and broke the 5 million barrier for the first time, bringing the total number ...
Continue reading Unemployment Rate Exceeds Five Million in February
March 4th, 2013
International tourists visiting Spain spent a total of 2.83 billion euros in January 2013. This is an increase of 6.5% compared with the same month of 2012. According to the Tourist Expenditure Survey (EGATUR), drafted by the Institute for Tourism Studies of the Ministry of Industry, Energy and Tourism, the ...
Continue reading International Tourists Spent 6.5% More in January
February 26th, 2013
According to the latest tourist border movements survey data released on Friday from Frontur, Spain received 2.7 million foreign tourists in January, which is 2.6% less than a year ago. Italy was the source market that most contributed to this decline, with 68,000 fewer tourists visiting Spain, representing a drop ...
Continue reading Spain Received 2.7 Million Foreign Tourists in January
December 31st, 2012
According to the latest figures released by the National Statistics Institute, the number of new mortgages on homes in October this year totalled 19,105, which is down 14.4% compared to the same month of 2011. With October’s year-on-year decline, home mortgages accumulated 30 consecutive months of declines. However, the decline ...
Continue reading Home Mortgages Fell 14.4% in October
December 25th, 2012
According to the latest data from the survey of tourist border movements (Frontur) released on Friday, Spain received 55.1 million foreign tourists in the first eleven months of the year, which represents an increase of 2.9% over the same period in 2011. In November alone, three million foreign tourists visited ...
Continue reading Spain Received Over 55 Million Foreign Tourists to November
December 11th, 2012
For the first time since the crisis began, the statistics for the struggling Malaga property sector have shown some improvement. In the first nine months of this year, home sales have managed to break the negative trend of the previous four years, growing by 3.5% over the same period of ...
Continue reading Malaga Property Sector Picking Up
November 13th, 2012
The sale of homes rose by 0.9% in September, compared to the same month of 2011, to a total of 25,985 transactions, of which 50.9% were for previously owned homes and 49.1% were for new builds, the National Statistics Institute reported yesterday. The year-on-year rise in housing purchases recorded in September ...
Continue reading Property Sales Rise Again in September
September 26th, 2012
According to the latest report by Randstad, the confidence of the Spanish in maintaining their current employment has increased in recent months, with only three out of ten being afraid of losing their job, which is the lowest ratio of 2012. In addition, fears over continuing in their current company has ...
Continue reading Spanish Workers More Confident of Keeping Their Jobs
August 22nd, 2012
The Spanish Social Security gained 4,412 foreign contributors in July, an increase of 0.25% over the previous month, putting the number of foreigners in employment at 1,764,932, the Ministry of Employment and Social Security reported yesterday, and attributed the increase in foreign workers to agriculture and the tourist season. However, according ...
Continue reading Social Security Gains 4,412 Foreign Affiliates in July
July 26th, 2012
According to the latest report from property appraisers, Tinsa, house prices in Spain deepened their fall in the second quarter of the year, dropping by 11.5% compared to the same period in 2011. Increasing from a figure of 9.2% in the previous quarter. Most of the autonomous communities and provinces ...
Continue reading House Prices Continue to Fall in Second Quarter of 2012
July 9th, 2012
The Spanish Government is to propose amending the law on opening hours (1/2004) in order to allow tourist cities to fully liberalise opening times in the areas with greatest numbers of visitors, and is also to propose to the regions that, from 2013, the number of Sundays and holidays where ...
Continue reading Government Proposes Longer Opening Hours in Major Tourist Areas
June 18th, 2012
The average price per square metre of land in Spain stood at 177.6 euros in the first quarter of 2012, representing a decrease of 16.4% over the same period of 2011. In the first quarter of 2012, 4.6 million square metres were sold, with a value of 582.9 million euros, which ...
Continue reading Price of Land Falls 16.4% in Q1
