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Mallorca winery runs on 100% solar-powered energy

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A Mallorca winery is operating on 100% renewable energy. The 1,300-metre-square Son Juliana bodega is set just below the spectacular Tramuntana mountain range between Santa Eugenia and Biniali. Built in just 15 days, the winery is the brainchild of local architects Munarq Arquitectes. Cork-insulated roofs allow a stable temperature for the wine to be stored, […]

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Investment by foreign buyers in Spain’s property market is expected to reach a record high in 2017.

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Already foreign nationals have lavished €888 million on Spanish properties in just the first six months of the year. That is more than double the investment from January-June 2016. 2016 has already established itself as a hugely important year for foreign buyers. Brits, Germans, Russians, French and other nationalities bought 13.2 per cent of all […]

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BBVA forecasts home sales up 10% in 2017

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The research division of Spanish bank BBVA forecasts that home sales this year will be 10% higher than last year, and break through the 500,000 barrier for the first time since the boom turned to bust. BBVA have upped their home sales forecast by 3% since their last report on the Spanish property market because […]

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Spanish GDP up by 0.8 per cent in the first quarter

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Data released by the Spanish government’s central statistics unit confirmed that the country’s economy grew by 0.8% during the first quarter of 2017, marking the 14th consecutive quarterly rise since the slump ended in 2013. Due largely to increased consumer spending over the last twelve months, the annual growth rate of GDP now stands at […]

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