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

Weather, energy, employment: how Spain leads the way this summer

Author:   |  August 3rd, 2017

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Spain has many reasons to be cheerful as the height of summer approaches.

Spain has many reasons to be cheerful as the height of summer approaches.

The balmy summer season is received very differently all over Europe.

In Edinburgh, August means a busy month of comedy and performance on its – often windy and chilly – streets as the Fringe Festival takes hold; for France it means reaching people in any office is nigh-on impossible as seemingly the entire country decamps to the, well, campsites that dot the southern reaches of the nation, and for Brits and Germans it means fleeing their own unpredictable weather for the reliably warm embrace of Spain…

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Spain’s job revival has tourism and manufacturing to thank, data shows

Author:   |  August 2nd, 2017

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Spain's tourism industry is vital to its economy, supporting thousands and thousands of jobs across the country.

Spain’s tourism industry is vital to its economy, supporting thousands and thousands of jobs across the country.

Figures are meaningless without context. Which is why news of Spain’s recovering GDP may sound good, but without actually understanding what it means, many people can be left cold…

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Spain’s economy growing three times faster than UK’s

Author:   |  August 1st, 2017

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Spain is booming, particularly in Madrid, Barcelona, and along its ever-popular Mediterranean coastline.

Spain is booming, particularly in Madrid, Barcelona, and along its ever-popular Mediterranean coastline.

The New York Times calls it the “end of a nightmare”, while elsewhere in the international press the official economic data published by the Spanish government on Friday was reported a little more sedately: Spain’s economy is not only growing, but surging ahead of most of the rest of Europe…

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Experts predict 10% property sales increase for Spain in 2017

Author:   |  July 31st, 2017

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Spain could well see more than half a million homes sold in 2017 - the most for a decade.

Spain could well see more than half a million homes sold in 2017 – the most for a decade.

The peak of summer tends to bring optimism, which certainly seems to be the case for Spain’s property market, which has enjoyed a strong year so far.

Indeed, such is the confidence and positivity coursing through the veins of the industry that Spanish bank BBVA has forecast that 2017 will end having seen a 10% sales increase compared to last year…

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Spain set to go big on solar power… again

Author:   |  July 28th, 2017

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Government support for solar power has returned, and with it, huge demand among companies to invest in Spain.

Government support for solar power has returned, and with it, huge demand among companies to invest in Spain…

Those 320 days of sunshine that beat down on many parts of Spain deliver untold benefits to the Spanish economy. From sun-seeking tourists to silver-brushed olive groves, Spain’s sunny climate means it is a number one holiday destination, leading producer of wine, fruits, vegetables and olives, and even a sought-after backdrop for Hollywood blockbusters and TV epics… Continue Reading

Average Spanish property values in June 2.3% higher than last year

Author:   |  July 27th, 2017

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Another month of gradual price increases delivers yet more confidence to the Spanish real estate sector.

Another month of gradual price increases delivers yet more confidence to the Spanish real estate sector…

Spanish property price data from valuation firm Tinsa reveals that the average selling price in June this year was 2.3 % higher than in the same month last year, extending to ten months the month-on-month trend of continuous house price increases… Continue Reading

Spain poised for fifth consecutive annual increase in tourism

Author:   |  July 26th, 2017

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What's boosting Spain's tourism? Brits, city breaks, and the threat of terrorism elsewhere...

What’s boosting Spain’s tourism? Brits, city breaks, and the threat of terrorism elsewhere…

Spain is on course to smash last year’s tourism figures, which will mean that the country will register five straight years of annual increases in visitors, new data from tourism industry group Exceltur has shown.

The group forecasts tourism in 2017 to increase by 4.1% compared to 2016, which would see visitor numbers run close to 80 million for the year, if correct…

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Foreign investment in Spanish property doubles in one year

Author:   |  July 25th, 2017

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Affordable, good quality Spanish property has long attracted foreign buyers, and new data shows that their number is rising.

Affordable, good quality Spanish property has long attracted foreign buyers, and new data shows that their number is rising.

New data from real estate investment analysts JLL has revealed that foreign investment into Spain’s property market totalled €888 million in the first half of the year – more than double the amount spent over the same period in 2016
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Number of pensionable-age Brits living in Spain doubles in past decade

Author:   |  July 24th, 2017

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Pensionable-age Brits living in Spain have risen steadily each year since 2007.

Pensionable-age Brits living in Spain have risen steadily each year since 2007.

A recent joint study conducted by the UK’s Office for National Statistics (ONS) and Spain’s Instituto Nacional de Estadística (INE) has found that the number of Britons aged 65 and over living in Spain has more than doubled over the last ten years…

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IMF forecasts even greater economic improvement for Spain in 2017

Author:   |  July 21st, 2017

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Confidence is coursing through the veins of Spain's economy thanks to buoyancy in the tourism, export and property sectors in particular.

Confidence is coursing through the veins of Spain’s economy thanks to buoyancy in the tourism, export and property sectors in particular.

The Washington-based International Monetary Fund (IMF) has this week upgraded Spain’s economic outlook for 2017 on the back of its booming tourism sector, growing domestic consumer demand and extremely strong export market…

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