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Published on Leave a comment on Residential sales in Spain record highest growth since January 2013

Residential property sales in Spain increased by 23.6% in May year on year, the highest figures since January 2013, the latest official figures show.

house for sale in Sant Josep de Sa Talaia 300x225 - Residential sales in Spain record highest growth since January 2013The figures from the National Statistics Institute also show that home sales have now increased year on year for four months in a row. However, sales did fall back slightly from the year on year figure of 29% recorded in April.

The second hand market and, to a lesser extent, sales of new homes, were responsible for the May increase, up by 26.7% and 12% year on year respectively.

The data also shows that in the first five months of the year home sales increased by 15.8% compared with the same period of 2015, with second hand homes up 21.9% but new house sales down 3.4% over the five months.

Month on month sales growth has slowed. Compared with April sales in May 2016 were up by 3.5% but this was the lowest increase registered in this month in the past five years.
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Published on Leave a comment on For Sale: Stunning Villa in Ibiza, Balearic Islands

Ibiza, village of Santa Gertrudis, 4 bedrooms, 6 bathrooms, Lot 22,500 m2, Built area 500 m2, Swimming-pool, Seaside Resort, Second Hand

1. Villa for sale in Ibiza Balearic Islands - For Sale: Stunning Villa in Ibiza, Balearic Islands

Modern villa in the countryside of Ibiza near the village of Santa Gertrudis. The property has a main house and a guest house, with a total of 4 bedrooms and 6 bathrooms. Outdoors, the property features a spacious terrace and a large pool of 20 square metres. Click here for further details.

3. Villa for sale in Ibiza Balearic Islands - For Sale: Stunning Villa in Ibiza, Balearic Islands
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Published on Leave a comment on Suite for Ten: Apartment by Egue y Seta

This 172 square metres apartment designed by Egue y Seta is located in Barcelona, Eixample neighbourhood, and can host up to 10 people.

1. Apartment by Egue y Seta 1 - Suite for Ten: Apartment by Egue y Seta
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Published on Leave a comment on 5 Vacation Homes to Rent in Cádiz Province

1. Holiday rental terraced house in Alcaidesa (Cádiz): 3 bedrooms, 2 bathrooms, Built area 140 m2, Swimming-pool, 1st Row from the Sea, On golf course, €600/week

Holiday rental terraced house in Alcaidesa Cádiz - 5 Vacation Homes to Rent in Cádiz Province

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Published on Leave a comment on For Sale: Brand New Apartment in Manacor, Balearic Islands

Manacor (Island of Mallorca), 2 bedrooms, 2 bathrooms, Area useful 100 m2, Swimming-pool, Brand New, €380,000

1. Flat for sale in Manacor Balearic Islands - For Sale: Brand New Apartment in Manacor, Balearic Islands
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Published on Leave a comment on Penthouse in Palma de Mallorca designed by Bornelo

1. Portixol Penthouse by Bornelo Interior Design - Penthouse in Palma de Mallorca designed by Bornelo
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Published on 1 Comment on Spain against Scotland negotiating EU membership

Spanish acting Prime Minister Mariano Rajoy has shown his clear opposition to Scotland’s ambition to remain part of the European Union despite the UK’s recent decision to leave.
United Kingdom and Scotland 273x300 - Spain against Scotland negotiating EU membership“If the UK goes, Scotland goes,” said Rajoy, speaking in Brussels at a meeting to discuss the effects of Brexit.

While he did not mention Catalonia, the caretaker PM has the northeastern Spanish region clearly in mind, as Scottish membership in the EU would set an example for Catalan separatists.

Rajoy’s Popular Party (PP) and other Spanish mainstream parties opposed to Catalan independence have often used the argument that an independent Catalonia would be automatically kicked out of the EU club.

The Spanish leader, who won a repeat national election on Sunday and is hoping to secure enough support to get himself reinstated for four more years, said he is “radically opposed” to the idea of negotiating Britain’s exit with anyone other than the British government.
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Published on 2 Comments on Modern 3 Bedroom House for Sale in Santa Pola (Alicante)

Santa Pola (Alicante), 3 bedrooms, 3 bathrooms, Built area 254 m2, Swimming-pool, €390,000

1. House for sale in Santa Pola Alicante - Modern 3 Bedroom House for Sale in Santa Pola (Alicante)
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Published on Leave a comment on Apartment Renovation in Barcelona by Roman Izquierdo Bouldstridge

1. Home in Barcelona by Roman Izquierdo Bouldstridge 1 - Apartment Renovation in Barcelona by Roman Izquierdo Bouldstridge

2. Home in Barcelona by Roman Izquierdo Bouldstridge 1 - Apartment Renovation in Barcelona by Roman Izquierdo Bouldstridge
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Published on 2 Comments on The effect of Brexit on the Costa del Sol

The United Kingdom's exit from the European Union is a terrible piece of news for the Costa del Sol, where the British are its biggest and most important customers, and also some of the highest spenders. From now on there are just unknowns and a lot of nervousness.

brexit 300x210 - The effect of Brexit on the Costa del SolLast week, the president of the CEA (Andalusian Employers' Association), Javier González de Lara, warned that Britain leaving the European Union would have serious consequences for the Spanish economy, with tourism, although not just tourism, being the main loser.

Since the referendum there's been a 10% fall in the value of the British Pound. This means that Britons' holidays in Spain have become more expensive overnight as, although the Euro has also fallen, it hasn't done so as much as the Pound. This will mean less tourists will visit and less buying power for those that still come. The current average daily spend by the British is 105 euros, higher than the Germans (101 euros) and the French (80 euros).
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