Huge investment adds to property demand in Murcia
Foreign investment continues to pour into Murcia with 2 more major projects planned for the region over the next few years. €250 million will be invested into the Costa Calida to create an oil lubrication plant as part of an agreement between South Korean firm SK, and Repsol. The plant which will be fully operational [...]
Spain tourism rises by 8% and attracts more property buyers
Spain has enjoyed a much improved year in terms of tourism levels according to official figures. In the first 10 months of 2011, Spain welcomed 50.9 million holiday makers which represents an 8% increase compared with the same period last year. October alone saw 5.1 million international arrivals indicating tourism has shown no signs of [...]
Spanish real estate expected to bounce back next year
The outlook for Spain’s real estate sector is becoming increasingly popular according to an international survey by CB Richard Ellis (CBRE). The survey found that 7% of all investors asked plan to invest in Spanish residential property early next year. The results of the investor sentiment survey are a marked improvement on last year when [...]
Spain – the 2nd best place to live in Europe
According to the latest uSwitch Quality of Life Index, Spain is one of the leading places to live in Europe. The Index measures a wide range of factors such as NET income, VAT, the costs of essential goods such as fuel, food and energy bills and lifestyle elements like hours of sunshine, days holiday, work [...]
Tourism to Spain increases by 8%
Results from a new tourism survey conducted by Frontur, part of the Spanish Institute for Tourism Studies has found 2011 to be a record breaking year for Spain. In the 9 months between January and September, the country has welcomed 45.8 million tourists which represents an 8% increase compared to the same period last year. [...]