For the second time in a row, its tourism sector ranked as the most competitive in the world, according to the World Economic Forum, ...continue reading "Spain’s tourism industry ranked as the most competitive in the world"
Government statistics have shown that there were 15 per cent more foreign tourists in Andalucía in January compared to the same month last year.
...continue reading "Andalucía sees big increase in foreign tourists in January"
The top destinations for British expats in the European Union are Spain ...continue reading "Brexit: What does leaving the EU mean for expats?"
Spain has shattered its own tourism record for the seventh year in a row: 75.3 million foreign visitors made their way to the country in 2016. That’s 7.2 million more than in 2015, for a rise of 9.9%, according to early figures from Spain’s Energy and Tourism Ministry.
Visitors to Spain in 2016 shelled out a total of €77 billion, up 8.3% from 2015 figures, while average per capita spending was €1,023 for a more modest rise of 3.75%. The average daily amount spent by visitors was €138, some 6.5% higher than a year earlier.
...continue reading "Spain shattered its own tourism record in 2016"
Up to 50,000 people in Malaga province, and possibly millions across Spain, could be in line for a large refund from lenders on their mortgage payments after a surprise EU ruling. This includes many foreign owners with mortgages in Spain and analysts said that payouts could reach four billion euros.
The European Court of Justice (ECJ) in Luxembourg ruled that Spanish banks that had loaned money to homebuyers on variable interest rates were breaking European law when they refused to pass on the savings from the dramatic fall in interest rates after 2009 by enforcing the so-called ...continue reading "Millions of home owners in line for payouts over bank loan abuse"