Spain
Costa del Sol property selling surprisingly fast
Whilst most media focus is on the glut of up to two million unsold properties in Spain, the Costa del Sol paints quite a different picture. On this coastline homes of all qualities and price ranges are selling – and selling fast.
Back in the game! Spain sees highest increase in sales since 2008
Figures released last week by the Ministry of Development has revealed that 9,502 housing transactions were made by foreigners in Spain during the second quarter of this year over the same period in 2011 - the highest figure seen for four years when transactions reached 11,130.
Murcia’s Paramount Park buoyed by casino deals
Madrid and Barcelona have both announced plans for mega Vegas-style gambling resorts on the outskirts of their cities. Spanish tourism figures are up and investors are clearly cashing in, much to the delight of Murcia’s Paramount Theme Park team.
UK airlines improve winter schedules to Mallorca
British Airways, easyJet and Monarch have all expanded their winter schedules to Mallorca for 2012/13 and Ibiza now has its first direct winter service to the UK. MD of Balearics Sotheby’s International Realty, Daniel Chavarria Waschke, believes it makes sense for these year-round destinations.
Spanish property crash sparks revival of fractional ownership
In the mid-late 2000s, when the Spanish property boom was showing its first signs of petering out, many estate agents started peddling fractional ownership as a way to widen their potential customer base – it didn’t catch on. Now, in the wake of boom turning to bust, fractional ownership is enjoying a revival.
An all-time high for Spain as tourism increases 4.4%
Spain experienced an all-time high in international tourist arrivals in July this year, reaching 7.7 million visitors, an increase of 4.4% over the same month in 2011 according to the Survey of Tourist Border Movements (Frontur) prepared by the Ministry of Industry, Energy and Tourism.
Good progress for Murcia’s Paramount Theme Park and International Airport
As many Spanish businesses enjoy summer closing and holidays with family and friends, quiet progress is being made behind the scenes with Murcia’s Paramount Theme Park and the new Corvera International Airport.
Schools out for summer! Spain voted favourite destination for families
Families looking to make their holiday money go further this summer should look no further than the much loved destination of Spain according to recent findings from The Post Office Family Holiday report.
Luxury global lifestyle brands flock to Mallorca
Hot on the heels of the Jumeirah Port Soller Hotel that opened on the west of the Island in April this year, two more luxury lifestyle brands have made Mallorca their home.
Property sales increase as more tourists flock to Spain in 2012
Spain received in the first five months of 2012 a total of 19.1 million international tourists, an increase of more than 458,000 over the same period in 2011, according to the Survey of Tourist Movements in Frontera (Frontur) testament the longstanding popularity of the Iberian nation despite economic concerns.
Wealthy cash buyers dominate Ibiza property market
This month saw the launch of the all-new Ibiza Sotheby’s International Realty website and, with 70% of listings priced in excess of 1.5 million euros, it captures perfectly the current trends within the White Isle’s property market.
Explosion of interest for property in Spain’s Murcia region
Versus May 2011, searches for Murcia property on leading portal, Rightmove Overseas, were up a massive 61% in May 2012.
Big opportunities for shrewd property hunters in Spain
There's no denying that the Spanish economy has been suffering recently. Banking losses resulting in the Iberian nation asking for help to recapitalise its banks has caused concern and aided a decline in property prices but for bargain property hunters, it isn't all doom and gloom.
Summer sailing in Mallorca boosts property investor confidence
The beautiful Spanish Island of Mallorca, a popular holiday destination for Brits and Europeans alike lured by the island's sophistication and diversity is currently gearing up for one of the most significant luxury sailing yacht events - the annual Superyacht Cup.
Spanish beaches break record with 638 prestigious blue flags
The Blue Flag beach results for 2012 are in and Spain has recorded its best ever outcome winning a total of 638 blue flags, 35 more than the 603 flags achieved last year according to the European Foundation for Environmental Education.