Costa del Sol hotels big investments

Costa del Sol to hotels make big investments over winter months

Months of record-breaking tourist numbers have encouraged additional investment in the hotel industry on the Costa del Sol, with 27 companies looking to spend a total of €56 million to improve their establishments over the coming winter months.   The figure was provided by Luis Callejón Suñé, the president of the Association of Hoteliers of the Costa del Sol, who explained that the expansion is planned to take place in low season as the decrease in…

http://www.euroweeklynews.com/3.0.15/properties-in-spain-sale-real-estate-spain/141615-market-moving-forward

Market moving forward

The price of Spanish housing is growing at a much faster rate than the euro zone average, exceeding it for seven consecutive quarters. The latest data shows that the second quarter of 2016 witnessed a 3.8 per cent increase, lower than Jan-Mar figures but still higher than the euro zone average of 2.9 per cent.   Both Spain and Ireland have seen strong increases in recent years, largely due to making up lost ground as they…