Articles tagged as: madrid

January 2nd, 2015

Spaniards have until 31st December 2020 to redeem the 1,664 million euros which they still hold in coins and banknotes of the old Spanish peseta currency.According to provisional data published earlier this week by the Bank of Spain, at the end of October, a total value of 860 million euros ...

Continue reading December 2020 Deadline for Redeeming Pesetas

January 1st, 2015

According to reservations made by Spaniards via the online travel agency, eDreams, 60% of Spanish travellers prefer to spend their end of year holiday abroad, with the most popular European destinations chosen for New Year’s Eve being France, Italy and the United Kingdom.Specifically, over 50% of the reservations made by ...

Continue reading Spaniards Opt to Spend New Year’s Eve in France, Italy and the U.K.

December 26th, 2014

The number of home mortgages constituted in October rose by 18% year-on-year, accumulating five consecutive months of increases. The increase registered in October is, however, lower than the figure recorded for the previous month, which stood at 29.8%.According to the latest National Statistics Institute data published this week, a total of ...

Continue reading New Mortgages Up 18% in October

December 24th, 2014

A total of 15 million overnight stays were recorded in Spanish hotels in November, representing a decline of  0.1% compared with the same month of 2013, according to the latest National Statistics Institute data.This decline is explained by the drop in the number of overnight stays of residents in Spain, ...

Continue reading Overnight Hotel Stays in Spain Fell by 0.1% in November

December 23rd, 2014

One in every 20 kilometres of Spain’s road network has a very high risk of accident. These areas are referred to as "black spots" in a study conducted by EuroRAP, and are set according to the number of deaths and serious accidents in relation to the IMD index (daily average ...

Continue reading Nine Roads Account for 50% of Spain’s Black Spots

December 1st, 2014

The results of the latest Egatur tourist expenditure survey, released by the Ministry of Industry, Energy and Tourism last week, show that this year, in the ten month period from January to October, spending by international tourists visiting Spain registered a new record, increasing by 7% compared to the same ...

Continue reading International Tourists Spent Record 56,374 Million Euros to October

November 28th, 2014

The latest figures published by the National Statistics Institute show that the total number of overnight stays in Spanish hotel establishments in October amounted to 26.2 million, driven by both domestic and foreign tourism, and represented an increase of 5.1% compared to the same month in 2013.In contrast, the average ...

Continue reading Hotel Overnight Stays Up 5.1% in October

November 21st, 2014

The sixth edition of the Madrid Real Estate Fair (Salón de la Vivienda de Madrid) is to be held this weekend – 21st, 22nd and 23rd November – in Madrid's Vistalegre Palace, and will offer all types of housing over all different price ranges, with good financing conditions, for purchasing ...

Continue reading Madrid to Host Weekend Real Estate Fair

November 17th, 2014

Madrid City Council has granted, so far in 2014, more licences for the construction of new homes than in the whole of 2013, which in the opinion of the municipal government indicates a "change in trend in the activity in the sector".Up until the end of October, a total of ...

Continue reading Madrid Grants 3,131 Permits for New Homes to October

November 12th, 2014

According to a recent study conducted by property appraisal company, TecniTasa, Madrid's Calle Serrano is the most expensive street in Spain, with prices registering increases of close to 4% since last year, bringing the price per square metre to around 10,900 euros.In second position in the rankings of the most ...

Continue reading Madrid’s Calle Serrano Most Expensive Street in Spain

November 5th, 2014

The British supermarket chain, Dealz, part of the British group Poundland, which operates on a business model somewhere between that of the Chinese stores and the discount chains, has chosen Spain for its expansion into Europe. The company plans to open 10 stores by next March, with all products at ...

Continue reading Poundland Opens Madrid’s First ‘Low Cost’ Store

October 27th, 2014

Barcelona Meeting Point (BMP), the international real estate show and symposium, celebrates its 18th edition from 29th October to 2nd November 2014 in the Feria de Barcelona. The President of the fair, Enrique Lacalle, said in his presentation that "good news has finally returned to the real estate sector", and ...

Continue reading BMP President Optimistic Over Spain’s Real Estate Recovery

October 17th, 2014

According to a recent report from real estate intermediation company, Tecnocasa, based on purchases that they have brokered, property price reductions have come to an end, at least where second hand homes in the city of Madrid are concerned. They reported that the average price of second hand property in ...

Continue reading Anchor Drops on Madrid Housing Prices

October 13th, 2014

Spanish tourism has enjoyed a good summer, according to Exceltur, the Alliance for Tourism Excellence, who on Thursday shared the Ministry of Industry’s optimism over the sector, following the publication of the foreign tourist arrivals figures, which showed an increase in visitors of 8.8% up to the end of August ...

Continue reading Spanish Tourism GDP Up 2.9% June to September

September 19th, 2014

According to the results of a study carried out by real estate search engine portal, Nuroa.es, which analysed everyday expenses in the major university cities in Spain, such as housing, public transport or menu of the day, it was revealed that Barcelona, Madrid and Valencia are the Spanish cities with ...

Continue reading Barcelona, Madrid and Valencia, Most Expensive Cities for Students