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

Two-thirds of foreign buyers don’t need a mortgage, reports Spanish daily

Author: Ian Clover  |  April 15th, 2015

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As property in Spain has become more affordable, more and more foreign buyers are snapping up homes with cash.

A recent report by Spanish national newspaper El Mundo has found that as many as two-thirds of non-Spaniards who bought property in Spain over the past six months did so without requiring a mortgage.

El Mundo reports that cash-rich buyers from the UK and Scandinavia have been taking advantage of the favourable exchange rates and snapping up affordable property in Spain with cash…

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Expats expected to hold sway in UK election

Author: Ian Clover  |  April 14th, 2015

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Should the Tories win, David Cameron has promised a referendum on the European Union in 2017.

The millions of Brits living away from the UK but still able to vote could prove pivotal in swinging how the election goes in May – with Spain’s sizeable expat British population intent on having their say

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Last Brit Standing backlash bashes BBC for misrepresentation

Author: Ian Clover  |  April 13th, 2015

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Taking it lying down: the BBC's documentary has attracted criticism from outraged British expats.

The BBC’s one-eyed take on life on the Costa del Sol (Costa del Sol: Last Brit Standing) has been battered with a predictable backlash of indignation from the thousands of Brits living there happily, reports UK newspaper the Guardian

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Spain’s growing property market begins driving employment

Author: Ian Clover  |  April 10th, 2015

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Employment opportunities in Spain's real estate sector are set to rise as the industry grows once more.

As confidence, cash and foreign buyers have all flooded back to the Spanish property sector over the past few months – drawn by stabilising prices, favourable exchange rates and a mature outlook – the industry has also begun to generate more employment opportunities within Spain…

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Spain and France attract 70% of all Brits hoping to buy abroad

Author: Ian Clover  |  April 9th, 2015

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Through good times and bad, Spain's appeal to Brits has been unwavering.

A new poll by foreign exchange specialists HiFX has found that 70 per cent of Brits considering buying property overseas focus their attention solely on Spain and France.

According to the survey, both Spain and France attracted 35 per cent of interest each, with the USA and Switzerland the highest risers. However, Spain’s perennial battle for top-spot with France looks set to continue for some time – the two nations have claimed the top two spots every year since 2007

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Spain unemployment rate drops to lowest for three years

Author: Ian Clover  |  April 8th, 2015

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More and more jobs are being created across Spain as the economy recovers.

The unemployment rate in Spain has fallen by 0.2 per cent over the past two months, bringing the current number of jobless down to its lowest level since 2012.

Data from official EU figures shows that Spain has begun to eat into its high levels of unemployment, particularly over the past nine months, during which time hundreds of thousands of Spaniards have found work…

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TOWIE cast warms up for Marbella summer fun

Author: Ian Clover  |  April 7th, 2015

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Chloe Sims and Elliott Wright have long been big fans of Marbella.

The stars of hit reality TV show The Only Way is Essex (TOWIE) have begun their pre-Marbella summer preparations, looking to get beach ready with their famous ‘No Carbs before Marbs’ diet.

Every year the gang jets off to film a series of Marbella specials in time for summer, and this year is no different, with show regulars Billie Faiers, Ferne McCann and Bobby Cole Norris all reported to be getting into shape before the paparazzi descend on the beaches of Puerto Banús and begin snapping away.

The cast will also be hoping to check out co-star Elliott Wright’s new restaurant, which is set to open in Marbella before the summer season hits. Wright, father-of-two, already owns a restaurant in Alicante, and his children currently live in Spain…

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Marbella in driving seat of Spain's property market recovery

Author: Ian Clover  |  April 6th, 2015

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Marbella's property market has picked up faster than any other Spanish region.

Data from Spain’s National Statistics Institute (INE) has revealed that the number of property transactions in Marbella increased by 28 per cent in 2014 – a higher rise than any other area of the country.

According to the Ministry of Development, the rate of transactions in Marbella last year was also 12 per cent higher than 2007, and growth in the market has been more rapid than even Madrid, Barcelona or any of the Balearic islands

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Spanish tourism begins 2015 with a Brit-backed bang

Author: Ian Clover  |  April 3rd, 2015

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Brits are once again at the forefront of Spain's strong start to the year for tourism.

Data published last week by Spain’s Ministry for Industry, Energy and Tourism has revealed that, in the first two months of the year, the country has smashed its previous tourism records – with Brits leading the charge.

Over the course of January and February, some 6.45 million foreign visitors arrived in Spain, an increase of 4.5 per cent on the same period last year, which itself was a record-breaker…

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