Articles tagged as: madrid

August 14th, 2013

On Friday last week, the Spanish Government’s Minister for Public Works, Ana Pastor, proposed a series of measures for action in all areas of the railway sector, such as signalling, rolling stock, passengers and professionals, while also inviting the various parliamentary groups to participate by making their own proposals and ...

Continue reading Spain’s Minister for Public Works Proposes New Measures for Railway Sector

August 5th, 2013

After analysing the residential market for university students, Savills has come to the conclusion that this could be a great opportunity for the European investor. The severe economic crisis that Europe has suffered has forced many young people to study abroad in order to further their education and learn other ...

Continue reading Student Housing an Investment Opportunity, Says Savills

August 1st, 2013

Buying a house for rent in Spain offered a gross return of 4.6% during the second quarter of 2013, according to a report published by Spanish property portal, idealista.com. Data provided by the real estate portal states that the gross return on a house for rent in Madrid is 4.2%, while ...

Continue reading Home Rental Profitability in Spain at 4.6% in Second Quarter

July 30th, 2013

According to the latest Labour Force Survey, published last Thursday by the National Statistics Institute, the number of unemployed people in Spain fell by 225,200 in the second quarter, bringing the total back below the record six million reached in the beginning of 2013 (to 5,977,500 persons). This decline in ...

Continue reading Unemployment Drops Below Six Million

July 24th, 2013

According to the Frontur tourist border movements survey released on Monday, Spain received 6.3 million foreign tourists in June, which represented an increase of 5.3% over the same month in 2012, and marked the all-time best record for this month in the historical series. In the first half of the year, ...

Continue reading Spain Received Record 6.3 Million Foreign Tourists in June

July 8th, 2013

Data from the State Public Employment Service (SEPE) reveals that unemployment fell by 127,248 people at the end of June, compared to the previous month. In relative terms, unemployment has fallen by 2.6%. Even though June is traditionally a good month for employment, this is the fourth consecutive month of declines, ...

Continue reading Unemployment Recorded Biggest Drop for June

June 21st, 2013

According to the latest data released by the Spanish Ministry of Development, the first quarter of 2013 has registered never-before-seen prices for urban land, with the average price per square metre standing at 157.2 euros, and the number of transactions for urban land totalling just 2,801. The new price per square ...

Continue reading Urban Land Prices Hit New Lows

June 14th, 2013

Demand for AVE services has risen since RENFE implemented a new sales policy four months ago aimed at lowering ticket prices. Between 8th February and 2nd June this year, 14% more passengers have travelled on AVE rail services than in the same period of 2012. Furthermore, ticket sales in this ...

Continue reading Lower Tariffs Attract 14% More AVE Train Passengers

June 11th, 2013

According to a report released on Thursday by the State Meteorological Agency, Aemet, the month of May was the coldest since 1985, with an average temperature of 14.6ºC (around 1.3ºC below normal), and also somewhat drier than normal, registering average rainfall of around 47 litres, which is 25% less than ...

Continue reading Spain had Coldest May in Three Decades

May 1st, 2013

Marbella has been voted Spain’s most-valued beach destination in a study by the firm Oak Power Communication (OPC) which surveyed 630 journalists from around the world - mostly from Germany, England, Eastern European countries, Latin America, France and the United States – who specialise in tourism or who write regularly ...

Continue reading Marbella Voted Spain’s Top Beach Destination

April 29th, 2013

The number of foreign citizens registered with the Spanish Social Security system rose by 7,746 in March 2013 (up 0.49%). In year-on-year terms, the number of foreign citizens registered with the system continues to fall and at a faster pace than the downward trend shown overall. The year-on-year decline in the ...

Continue reading 1,604,138 Foreign Contributors to Spanish Social Security System in March

April 4th, 2013

The number of strikes increased last year by 11.5%, to a total of 878, compared to 777 for 2011, while the number of workers who participated in them rose by 31%, reaching 323,871. Furthermore, the volume of days lost due to strikes increased by 62% compared to 2011, exceeding one ...

Continue reading Hours Lost Due to Strikes Up 62% in 2012

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 19th, 2013

The Spanish Prime Minister has assured the members of the International Olympic Committee Evaluation Commission (IOC) that Madrid's bid to host the 2020 Olympic Games would be "an enormous success for Madrid, for Spain, and for the the Olympic Movement in general". Mariano Rajoy said on Monday in Madrid, where the ...

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