Costa del Sol property & lifestyle, news, views, advice & information

Tourism and exports boost Spain’s economy in the first quarter

Author:   |  April 28th, 2017

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The Spanish Prime Minister has been impressed by the country's economic start to the year.

The Spanish Prime Minister has been impressed by the country’s economic start to the year.

The Spanish Prime Minister Mariano Rajoy last week increased the country’s economic outlook for 2017 based on an extremely strong first quarter that saw Spain’s tourism and export industries perform brilliantly.

The government now expects national GDP to increase by 2.7% this year, up from 2.5% at the turn of year. This stronger-than-expected start to 2017 is seen most starkly in hotel, flight and resort data that show record-levels of tourism into the country…

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Málaga Spain’s second-most popular cruise ship destination last month

Author:   |  April 27th, 2017

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Last year, the Harmony of the Seas visited Malaga: expect more similar sights this year. Image: Twitter/David Escalara

Last year, the Harmony of the Seas visited Málaga: expect more similar sights this year.
Image: Twitter/David Escalara

Hands up anybody who’s ever been on a cruise? Yes, you can put your walking stick down first. Actually, that is quite inaccurate: while the majority of luxury cruise ship-goers tend to be aged 50 and over, cruises are growing in popularity among Europe’s younger generations – a trend that is forcing cruise companies to alter how they market their holiday packages…

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Golden Visa scheme has attracted more than €2bn investment into Spain in just three years

Author:   |  April 26th, 2017

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Wealthy non-EU nationals keen on gaining EU residency have warmly welcomed the Golden Visa scheme.

Wealthy non-EU nationals keen on gaining EU residency have warmly welcomed the Golden Visa scheme.

Spain’s Golden Visa – introduced in 2013 to attract wealthy non-EU investors to the country – has brought in a whopping €2.16 billion into the country in just three years, according to official government data…

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15-year rule to still apply in June’s UK General Election

Author:   |  April 25th, 2017

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Officials at the British Cabinet Office have said that they do not have the time to change the 15-year rule.

Officials at the British Cabinet Office have said that they do not have the time to change the 15-year rule.

The controversial law that rules out British expats from voting in General Elections or national referendums if they have lived overseas for longer than 15 years will still apply in the snap election called for June 8…

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Property sales in Spain increased 9.9% in February, data shows

Author:   |  April 24th, 2017

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All signs were positive in February, with mortgages, sales and prices strengthening.

All signs were positive in February, with mortgages, sales and prices strengthening.

Notary data published last week has shown that the number of homes sold in Spain during February this year was 9.9% higher than in the same month in 2016.

The notary report states that 38,176 properties were sold in the shortest month, offering further evidence of Spain’s strengthening property market. This increase also means that home sales have risen every month for the past eight straight months, and for 20 out of the past 21 months…

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Leading experts express confidence in health of property market

Author:   |  April 21st, 2017

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The recovering Spanish property market had triggered fears of a new bubble, but the signs show that growth is steady and sustainable.

The recovering Spanish property market shows all the signs that growth is steady and sustainable.

 

A recent acceleration in new home starts, an uptick in annual sales and the return to growth had led some sceptics to worry about the potential long-term impact of this trend, despite all the early signs showing that recovery is both steady and sustainable…

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Wine consumption in Spain increases for first time in a decade

Author:   |  April 20th, 2017

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Spaniards are upping their wine intake as the economy, and wine's reputation, improves.

Spaniards are upping their wine intake as the economy, and wine’s reputation, improves.

Drinking excellent Spanish wine while relaxing around a swimming pool, at a beachside chiringuito or standing cheek-by-jowl in a packed and vibrant bodega has long been one of the great simple pleasures of life in Spain…

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World’s “most dangerous footpath” reopens for summer, but would you walk it?

Author:   |  April 19th, 2017

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The walkway has incredible views and makes for an excellent day out... provided you're not afraid of heights! Image credit: Reuters.

The walkway has incredible views and makes for an excellent day out… provided you’re not afraid of heights!
Image credit: Reuters.

The Caminito del Rey footpath is perhaps unfairly derided as the world’s most dangerous footpath, but the five deaths at the trail prior to its closure in 2001 certainly lend that claim some credence…

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Costa del Sol one of Europe’s best value beach destinations, study finds

Author:   |  April 18th, 2017

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Cheap, cheerful and bursting with choice, there are few better beach holiday destinations in Europe than the Costa del Sol.

Affordable, friendly and bursting with choice, there are few better beach holiday destinations in Europe than the Costa del Sol.

A UK Post Office study of 19 European beach destinations has found that the Costa del Sol offers the third-most affordable resorts on the continent.

While Bulgaria’s Sunny Beach topped the poll, the Costa de Sol’s third-place ranking – just behind the Algarve in Portugal – was impressive given the fact that the region has some of the world’s most luxurious resorts, as well as some of its most family-friendly…

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Spain to attract massive investment in renewable energy

Author:   |  April 14th, 2017

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Spain has lots of sun, and lots of solar power, and it is about to get even more.

Spain has lots of sun, and lots of solar power, and it is about to get even more.

The Spanish government’s recent track record on supporting renewable energy is far from stellar. Although the country actually has some of the highest amounts of wind and solar power installed in Europe, much of this was added before 2010, before current Prime Minister Mariano Rajoy came to power…

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