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Category: myVIVA News (box 2) (173 articles)

Brits help Spain home sales and flight bookings reach nine-year high

The Brits are coming this Easter, and many will stick around to snap up a property, too

For many, 2005 may not seem like all that long ago. But if you were to somehow transport yourself back to those pre-recession days there are a few things that are sure to stick out like a sore thumb: phones with buttons (indeed, phones as phones, rather than portable computers), no Facebook, a YouTube with approximately five videos on it, and a Liverpool FC mere weeks away from an unexpected triumph. How things have, erm, changed.

But nine years later things most certainly look different. Spain’s previously impervious property market has since been shaken down for its last penny and left to splutter in the dust, only recently rising gingerly to its feet. And the benevolent good Samaritan lending a helping, steadying hand? Why, the BritsContinue Reading

Author:Ian Clover 15/04/2014 [0] Comments 
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Foreign tourism spend up nearly 19 per cent in Andalucía

A handful of Euro banknotes

Andalucía's foreign tourist income streets ahead of the rest of Spain

According to figures just released by the Ministry of Industry, Energy & Tourism in their latest monthly report, in February of this year no other Spanish region’s foreign tourism income came anywhere near that of Andalucía which registered a whopping rise of nearly 19 per cent – or to be exact, 18.6 per cent.

So, while overall figures for Spain in January and February showed a year on year increase of 9.1 per cent – hitting a 10-year high, Andalucía was simply streets ahead of the rest of the country!… Continue Reading

Author:Carolyn Mowlem 10/04/2014 [0] Comments 
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Health tourism a booster for the Costa del Sol

The warm Costa del Sol sunshine and Mediterranean diet make it a healthy destination for tourists

A spell in the Spanish sunshine can lift the weightiest of spirits, but more often than not one would imagine that a summer dose of the Costa del Sol leaves holidaymakers a little heavier than when they arrived.

After a week or two indulging in excellent Spanish cuisine, incredible local wine, gallons of crisp beer and hours of lounging by pools, on beaches and in shaded squares, tourists could be forgiven for punching an extra hole in their belts as they pack to leave… Continue Reading

Author:Ian Clover 08/04/2014 [0] Comments 
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Spanish tourism spending hits 10-year high

Tourism spending in Spain has already reached a ten-year high so far this year

Foreign tourists to Spain in January and February spent more than €6bn while visiting the country – a 9.1 per cent increase on last year and the highest amount recorded for more than ten years, according to data recently released by Spain’s Industry, Energy and Tourism Ministry.

In total, almost 6.2 million overseas visitors descended on Spain during the first two months of the year, which represented an 11.2 per cent increase on 2013. Per head, however, the average tourist actually spent 2.2 per cent less this year, shelling out an average of just €108 per day, and €985 for the duration of their entire visit…

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Author:Ian Clover 03/04/2014 [0] Comments 
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Spain becomes world’s biggest wine producer

Spanish vineyards outperformed all others in the world last year

Raise a glass – early estimates from Spain’s agriculture ministry have revealed that Spain produced more wine than any other country in the world last year, including traditional market leaders Italy and France.

However, while this is great news for Spain’s winemakers, local bars and bodegas may not quite be feeling the benefit: the Spanish Wine Federation has also revealed the rather shocking fact that Spaniards drink less wine per capita than all other nations in Europe bar Norway… Continue Reading

Author:Ian Clover 31/03/2014 [0] Comments 
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Cheaper passports on the way for British expats

Recent 'efficiency savings' mean UK passports are soon to become 35 per cent cheaper

From April, Brits living in Spain will be able to enjoy a 35 per cent saving when they renew their UK passports.

Three years of ‘efficiency savings’ – largely as a result of the controversial decision to close many of the UK’s overseas passport processing centres, including the one at the British Embassy in Madrid – means that the cost savings can now be passed on to Brits living overseas, according to the British Foreign Office… Continue Reading

Author:Ian Clover 27/03/2014 [0] Comments 
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Spain’s attraction grows as more foreign cash floods in

Spain's economy has been bolstered and boosted by huge volumes of foreign investment

For Mariano Rajoy, 2014 could not have gone much better so far. The Spanish prime minister ended 2013 with scandals blowing all around him, the Royal Family lurching from crisis to crisis, and an economy that – while recovering – gave off the nervous air of a quivering chihuahua.

But what a difference a few months make. After earning the backing of the European Union for Spain’s impressive labour market reforms, and drawing praise from the International Monetary Fund, this week saw Rajoy’s premiership win the plaudits of Madrid’s famously sceptical academics, the backing of a number of international companies, and the approval of global economistsContinue Reading

Author:Ian Clover 21/03/2014 [0] Comments 
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Space travel a supersonic boon for Spanish property

Sub-orbital space travel could bring increased demand for Spanish property

When we try to paint the future, do we create a picture that is wildly far-fetched or simply misjudged? Many creative dreamers of the ’50s and ‘60s imagined we’d all be piloting flying cars by now, but could they have ever envisioned that nearly every adult in the western world would carry in their pocket a phone ten times more powerful than the computers that put Neil Armstrong and Buzz Aldrin on the moon?

Probably not…

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Author:Ian Clover 18/03/2014 [0] Comments 
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Spain jobless figures continue to fall

Spain's economic recovery is beginning to create more jobs

Official data from Spain’s Labour Ministry has revealed that the country’s jobless total fell by 1,949 in February – the first time since 2007 that the shortest month of the year has seen a fall in unemployment.

This latest round of job creation means that there are now 4.81 million unemployed people in Spain – a figure that still accounts for 25 per cent of the working age population and remains one of the highest in the EU… Continue Reading

Author:Ian Clover 04/03/2014 [0] Comments 
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From drag to driver: Spain now one of Europe’s leaders, say Rajoy

The Spanish Prime Minister is confident that Spain is now a key part of Europe's future

In a rather bullish state of the nation address this week, Spain’s Prime Minister Mariano Rajoy spoke of how Spain is no longer a drag on Europe, and is now seen as a key driver in the continent’s economic future.

That message of positivity was delivered on the back of an encouraging set of figures released by the government that showed a better-than-expected one per cent rise in GDP forecast for 2014. Such an increase, although modest, would allow for sustained job creation in Spain for the first time in six years… Continue Reading

Author:Ian Clover 28/02/2014 [0] Comments 
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