According to the National Institute of Statistics (INE) there was a 23% increase in the sale of Spanish properties in January 2018 in comparison to the same period last year. The number of transactions on the Spanish property market has been growing for 10 consecutive months.
Robert de Niro is planning to expand his successful Nobu hotels chain by opening a new one in 2019 in Marbella – maybe you will be able to bump into him on Plaza de los Naranjos.
One of the wealthiest people in the world, Carlos Slim, has increased his engagement in the Spanish real estate market. As a result of that, he has joined Amancio Ortega, George Soros and Bill Gates who have also decided to invest in this market. The Mexican made an offer on located in Barcelona company “Fomento […]
Latest Eurostat data show that Spain will be the most attractive investment location in Europe in years 2018-2020. Property prices are predicted to rise by 7% in 2018. Significant money supply and rising demand result in the growth of investment in real estate sector. Additionally, there have been new players on the Spanish real estate […]
Years 2016-2017 were quite successful for the Spanish economy. It rose at the fastest pace in 8 years and the economic forecast predicts its fast development in the future, as opposed to other EU countries.
According to the last year forecast the real estate prices in Spain were rising in 2017. The Housing Market Index of the Spanish National Statistics Institute detected 6.7% growth in 2017 and showed the biggest growth since the 2008 financial crisis.
Spain has been experiencing gradual growth in tourism in the last 3 years (on average 7% per year; in 2017 it was 8.6% higher than in 2016). Tourists look for a flat or a house to rent more often than for a hotel. Nice locations on the coast, in new buildings with swimming pools and […]
In 2017 Spain was visited by over 81 million tourists. 40% of them spent their holidays in Andalusia – mainly on Costa del Sol. It is estimated that in 2018 there will be 45 million foreign visitors resting in this region. Another 5 million tourists are Spaniards who have been choosing Andalusia as the best […]