The Spanish economy grew 3.2%

The Spanish economy grew 3.2% in 2016

In 2016, the Spanish economy outperformed all the forecasts made by expert organizations, which had been expecting a slowdown in the early part of the year. Instead, the Spanish economy grew 3.2% in 2016, the same pace as the previous year, according to preliminary figures released on Monday by the National Statistics Institute (INE). And why? Well, for the most part it was the hard work, stoicism and positivity of Spain’s population that helped the country…

Why buy property on the Costa del Sol?

Why buy property on the Costa del Sol?

Now, you can argue about the quality of life – some people say that life on the Costa del Sol isn’t all it’s cut out to be –  but you can’t really argue about the weather. The Costa del Sol, and especially the area around Marbella, has the best climate in mainland Europe, with abundant sunshine, and pleasant temperatures in the winter months. Most people would concede that life is much easier to…

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…

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…

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…

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…