Spain still has second-highest life expectancy in the world

Spain still has second-highest life expectancy in the world

NEW figures have showing: Spain still has second-highest life expectancy in the world Newly released figures by the OECD have shown the country has more than 100,000 people aged over 100. Average life expectancy in Spain is now 83.2, just 0.2 years lower than Japan’s 83.4. Experts cite the country’s healthy Mediterranean diet which includes high amounts fish, fruit and vegetables.   The warmer climate is also attributed to better health. Photographer Andrea Comas recently interviewed a handful of the centenarians…

In November British Tourist spending in Spain grew 17%

In November British Tourist spending in Spain grew 17%

Regardless of the impact of Brexit on the pound’s value against the euro, in November British Tourist spending in Spain grew 17% as compared to the same month in 2015.   The data from the National Statistics Institute (INE) shows that Brits spent €776 million in Spain last November, which is not only an impressive increase on last year, but also accounted for 18.5% of all foreign tourist expenditure that month…   Moreover, the number of Brits visiting Spain…

Properties in Spain Taking Less Time to Sell

Properties in Spain Taking Less Time to Sell

The Costa del Sol has always been a popular place to buy property, although those wanting to sell may have struggled to find a buyer with so many homes on the market. But this year has brought positive news, Properties in Spain Taking Less Time to Sell.  For example, according to property consulting agency Aguierre Newman, the time it takes for a property to go on the market for sale and then be purchased by…

Demand for dream property in Spain

Demand for a dream property in Spain

SPANISH construction is in rude health if the abundance of new property ventures, both residential and commercial, is anything to go by. The real estate market in Madrid is now on fire with foreign investment increasing dramatically since the first signs of recovery in 2013. Indeed the commercial real estate boom is one of the chief reasons the Spanish GDP is predicted to grow by 3.2 per cent this year, one of the fastest rates…

Spain's Golden Visa scheme picks up steam

Spain’s Golden Visa scheme picks up steam

Following a somewhat slow start when the scheme was initially launched in 2013, Spain’s ‘Golden Visa’ initiative has gained a bit of traction, accounting for €911 million in property investment up until the end of 2015. Aimed at helping bolster recovery following the real estate crash and economic crisis towards the end of the last decade, foreign buyers were originally slow on the uptake, but a steady flow of €500,000-plus investments have injected a…

American demand for Spanish property rises 25%

American demand for Spanish property rises 25%

The US election result has prompted a surge in the number of enquiries from the United States about purchasing Spanish property, according to one of the country`s leading independent real estate agencies. The number of searches for property for sale in Spain on the LucasFox.com website from the United States increased by 25% in the 4 weeks following the US elections on 8th November compared to the previous 4 weeks. Barcelona City has been the most…

Solid price rise momentum predicted for Spanish property over next four years

Solid price rise momentum predicted for Spanish property over next four years

Finally, a stable government is in place in Spain, with Prime Minister Mariano Rajoy firmly in the saddle. So things look good for Spain yet again, which is good news for you if you’re looking to buy property in Spain online in 2017. Real estate construction is back in full swing in Spain, 8 years after the property market crash. Investments are flowing in after many years of inactivity and there is a real estate boom in…

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MORTGAGE NEWS: Interest rates just keep going down

Eurozone mortgage base rates were down again in november, the tenth consecutive month of negative rates. 12-month Euribor – the rate used to calculate most mortgage repayments in Spain – came in at -0.074 in November, down from -0.069 in October, and the tenth consecutive month of negative Euribor interest rates. Compared to November last year, when Euribor was 0.079, the benchmark interest rate for Eurozone mortgages was down by 194%. As a result, borrowers in…

UK to Spain Flight Market Named The Largest In Europe

UK to Spain Flight Market Named The Largest In Europe

The UK to Spain flight market has been named the largest in Europe this winter, according to the latest Official Airline Guide (OAG) data. Compared to last year’s winter season, the market has grown by over 12% for the number of seats and flights between Spain and the UK, suggesting that more and more Britons are seeking winter sun and choosing Spain as their desired destination. The UK-Spain relationship is not only good for airlines, but…