Spain
It’s a hole in one for Spain
According to KPMG’s most recent survey from the Golf Advisory Practice, there are close to 400 new golf facilities in the EMEA (Europe, Middle East & Africa) region which have opened after 2008 or started development since the economic downturn.
No recovery in Spanish property market until banks relax mortgage lending
The headlines shout ‘foreign boom’, overseas buyers snatching up Spanish property at a rate of knots, but Murcia agent Mercers says if banks remain tight with their lending, full recovery of the property market is a long way off.
Estate Agent uv10.com puts roots down in Spain
Established in 2007 as a Brazil property specialist, uv10.com is back on Spanish soil with the launch of a new HQ on the Barcelona coastline. Following the overseas buyers’ market back to Europe, the boutique estate agent hopes to bring the Costa Brava to a primarily British audience.
Spain’s Balearics braced for bumper summer
The Director of Palma Airport announced this month that there will be 34 million flight seats available to the Balearics this holiday season, 9% more than in 2013. Agent Balearics Sotheby’s International Realty hopes improved accessibility will also boost the property market.
Superyachts, supercars and powerboats - Ibiza gears up for summer of excess
With the Gumball 3000 Rally, Class 1 World Powerboat Championship and an eight million euro overhaul of the Port of Ibiza planned for summer 2014, this Spanish Island is in for a spell under the luxury spotlight. Agent Ibiza Sotheby’s International Realty has a front row seat on the action.
Spain in top 10 most attractive global real estate markets for foreign investors
Europe “seems to have regained the favour of investors,” demonstrated by the fact that 70% of investors chose Western Europe as “the world’s most attractive region for real estate investment,” according to the CB Richard Ellis European Real Estate Investor Intention 2014 study.
Forget the sunshine! Cuisine and culture alone brought 7.4 million tourists to Spain last year
Spain’s diversity makes it a cultural powerhouse. It is Western Europe’s second-largest country (after France) in terms of area and the world’s third-largest exporter of wine, fruits and vegetables.
All systems go for much-needed World Trade Center Gibraltar
Following an agreement with the Government of Gibraltar, the £45m, World Trade Center Gibraltar project is expected to break ground in the first half of 2014 and be ready for occupation by the end of 2015.
Spanish property officially back in vogue
When a decade-long building binge came to a spectacular end in 2007/8, Spain fell from grace in the eye of the property investor. However a striking u-turn is underway with industry experts now calling the nation a “star market”.
Spanish real estate now a ‘good opportunity’
In a forecast published jointly by the Urban Land Institute (ULI) and PwC, the weight of international capital is leading investors to turn to recovering markets such as Spain in 2014.
Murcia-based estate agent posts stellar sales results for 2013
Fittingly, in the year that Chris Mercer celebrated 30 years in Spanish property, his eponymous Murcia-based real estate agency notched up some incredible results. Total sales for 2013 outshone 2012 by a spectacular 60%.
Engel & Volkers reports a record year with unprecedented multi million Euro sales
Engel & Volkers Mallorca, with 16 offices throughout Mallorca, is reporting a record year (the best since 2008) with sales up by an average of 30%.
Balearics lead the way for Spanish house price rises
According to official figures for Q3, house prices in four Spanish regions are now on the rise. The Balearics lead the way with 4.4% growth year on year and Balearics Sotheby’s International Realty expects the trend to continue for 2014.
Paramount Theme Park in Murcia is officially “go”
Premursa, the promoter behind Murcia’s Paramount Theme Park and LifeStyle Center, has awarded construction contracts to the value of 72 million euros. The Park is to open, on schedule, in the latter stages of 2015.
New sea view city apartments in Palma, Mallorca
This November sees the much-anticipated release of Cala Estancia, a boutique collection of just eleven 1 and 3 bedroom luxury apartments in Palma, Mallorca.