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

Spain shatters tourism records once again

Author: Ian Clover  |  July 3rd, 2015

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Spain is on course for another record year in tourism, with international visitors arriving in their droves.

The Spanish summer is already proving a scorcher, and recent data from the country’s Tourism Ministry has revealed that there is no hotter destination in the world right now than Spain

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John, Dave, Sue and Margaret – British expat names most popular in Spain

Author: Ian Clover  |  July 2nd, 2015

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If you live in Spain, chances are you know a John, Dave, Sue or Margaret.

There are some obscure studies out there in the world of ‘Market Research’, but a recent one looking into the most popular names among Spain’s expat population must surely rank up there as one of the oddest…

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Spain swelters as heatwave rolls in

Author: Ian Clover  |  July 1st, 2015

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As Madrid saw the mercury rise to 49ºC today, many other parts of Spain are bracing themselves for a scorching week.

Even by Spain’s lofty standards, this week’s heatwave is set to be a scorcher, with the country’s weather agency AEMET placing 43 of Spain’s 50 provinces on alert for soaring temperatures

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Expats in Spain sent $10bn back home last year

Author: Ian Clover  |  June 30th, 2015

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Money makes the world go round... and expats are sending a lot of it back home.

Spain’s economy has long been powered in part by the millions of non-Spaniards who work in the country to enjoy its varied industry, EU protections and excellent lifestyle.

But data recently published by the International Fund for Agricultural Development (IFAD) has revealed that some of the country’s internal wealth is finding its way to foreign countries by migrant workers sending money home to family.

In 2014, the IFAD calculates that $9.6 billion (€8.6 billion) was sent by migrant workers overseas, putting the country near to the top of the charts when it comes to redistributing cash and capital around the world…

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Foreign money boosting Spain’s property market, reports the FT

Author: Ian Clover  |  June 29th, 2015

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The recent recovery of Spain's luxury home market has been boosted by foreign capital.

The Financial Times (FT) – one of the most respected newspapers in the world – turned its attentions to Spain’s property market last week, reporting that foreign buyers are driving a sustained recovery in the Spanish property market, as reported previously by VIVA

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Spain one of EU’s cheapest countries for expat life

Author: Ian Clover  |  June 26th, 2015

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Not only is life in Spain culturally enriching, it can also save you a pretty penny, too.

Living costs for expats in Spain have fallen sharply in the past 18 months, making the country one of the cheapest in the European Union (EU).

The relative devaluation of the euro, particularly against the British pound, has made Spain a cheaper country in which to live, nowhere more so than in the country’s two biggest cities of Madrid and Barcelona…

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US firm to invest heavily in Spanish property

Author: Ian Clover  |  June 25th, 2015

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Stronger regions of Spain - including the Costa del Sol - are seeing rising demand for extra housing.

A private-equity investment firm from the US has announced plans to invest more than €500 million into the Spanish housing market to plug a gap created by soaring demand.

Despite there remaining an oversupply of unsold homes in some parts of Spain, billionaire-backed Lone Star Funds has identified regions where there is “solvent demand” for property driven by Spaniards and foreign buyers with the capacity and desire to buy…

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Tennis star cools off in Marbella before Wimbledon showdown

Author: Ian Clover  |  June 24th, 2015

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Djokovic, the world's number 1 tennis player, enjoying the sun and sea in Marbella at the weekend.

The world’s number one tennis player Novak Djokovic was spotted shirtless and tanned in Marbella over the weekend – just a few days before the start of Wimbledon next week.

While many other leading tennis players were already in the UK playing at the traditional pre-tournament meet at Queens, the 28-year-old Serbian – who recently won the Australian Open – was looking relaxed ahead of his title defence, having secured his second Wimbledon crown in 2014…

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The Guardian reports on Spain’s full-throttle recovery

Author: Ian Clover  |  June 23rd, 2015

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While the weather never waivers, Spain's economy has been through some stormy times recently.

Lies, damn lies, and statistics – they don’t always necessarily come in that order, but where you can find one there is usually evidence of the other

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Stars aligning perfectly for Brits buying a property abroad

Author: Ian Clover  |  June 22nd, 2015

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As buying overseas regains popularity, Spain once again finds itself top of the desirability charts.

Further evidence that there has never been a better time for British buyers to invest in a property overseas has been published by the Overseas Guides Company.

The emigration specialists have revealed a 31 per cent increase in inquiries into overseas property during the first quarter of the year, with more than 15,000 Brits expressing an interest in buying abroad.

Unsurprisingly, Spain once again proved to be the most popular location, beating out France, Portugal and Italy…

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