• Non-Hotel Overnight Stays Increased by 6.8% in May

    Overnight stays in non-hotel tourist accommodation in Spain (holiday homes, campsites, rural tourism accommodation and hostels) accumulated a year-on-year increase of 6.8% in May, to over eight million, according to recent data published by the National Statistics Institute. Specifically, the …

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  • Eurozone Unemployment Rate Stable at 11.1% in May

    The unemployment rate in the eurozone stood at 11.1% of the active population in May, which is the same rate as the previous month, when it registered its best reading since March 2012, according to data provided by Eurostat. Compared …

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  • Price of New Housing Rises 1.8%

    The real estate market is continuing to show clear signs of recovery. According to the Sociedad de Tasación, the average price of new housing rose by 1.8% in the first half of 2015 – the first increase since 2007 – …

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  • Inflation at 0.1% in June After 11 Months of Negative Rates

    The consumer price index (CPI) rose by 0.3% in June compared with a month earlier and rose by three-tenths year-on-year, to stand at 0.1%, due to the increase in prices of electricity and food and non-alcoholic beverages, according to the …

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  • Rental Investment in Spain’s University Cities

    Summer is one of the best times to rent out accommodation, since it is the time of the year when thousands of foreign and national university students begin to look for properties to rent. According to the Bank of Spain, …

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  • Spaniards Still Hoarding 1,659 Million Euros in Pesetas

    According to data from the Bank of Spain, as at May this year a total of 1,659 million euros in pesetas still remain unredeemed, which is the equivalent of 276,034 million pesetas, of which 856 million euros (142,426 million pesetas) …

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  • Spanish Holiday Homes Attracted 3.7 Million Tourists Last Year

    Around 14% of the tourists visiting Spain last year (3.7 million) stayed in holiday homes, and spent a total of over 2,680 million euros, on both their accommodations (900 million euros) and the rest of their holiday expenses (around 1,800 …

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  • Russian Tourist Numbers Continue to Fall

    A total of 241,940 Russian tourists visited Spain during the first five months of 2015, representing a decrease of 28.7% compared to the same period of 2014. According to the latest data from the Frontur tourist border movement survey prepared …

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  • Residential Building Licences Up 29.9%

    Housing development activity is showing signs of improvement, according to Spain’s Ministry of Public Works, which announced last week that the number of building permits granted for residential new construction in Spain reached a total of 15,178 at the end …

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  • International Tourists’ Spending up 8.4% to May

    International tourists visiting Spain spent a record 21,809 million euros in the first five months of the year, which is an increase of 8.4% compared to the same period in 2014. The average daily expenditure rose by 4.4%, to 116 …

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  • Home Mortgages Increased by 21.4% in April

    The number of mortgages constituted on homes listed in the Property Registers stood at 18,857 in April, which is 21.4% more than in the same month of 2014, according to the latest data from the National Statistics Institute, which pointed …

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  • Spanish Campsites Estimated to Reach 70% Occupation Rate in July and August

    According to data prepared by the Spanish Camping Federation (FEEC), the average occupancy rate nationwide in Spain‘s campsites during the months of July and August will be around 70%. This predicted level of occupancy represents an increase of 20% over …

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  • The Young and Retired Opt to Rent

    Data from a recent study carried out by the real estate rental management franchise, Arrentum, on the ‘Desire of the Residential Consumer in Spain’, reveals that the choice of renting a home is increasing among mainly young people and retirees. …

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  • Spain’s Population Falls for Third Consecutive Year

    As at 1st January 2015, the number of inhabitants in Spain stood at 46,439,864 persons, which is 0.14% less than the figure registered a year earlier (72,335 persons less). In 2013, the reduction registered was significantly higher, at 0.46% (-220,130). …

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  • Alpha Real Estate Augurs Return of Young Home Buyers

    The Alpha real estate network, which has more than 170 offices throughout Spain and Latin America, recently announced that they are seeing a growing trend in the number of young tenants becoming owners of their own home. Vice President of …

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