Hoteliers’ representatives are fearful that the funds’ focus on return on investment could shorten the length of season In the wake of hotels being forced to close early this season due to a lack of demand, investment funds have started to turn their attention to the Costa del Sol, looking to buy hotel properties in […]
The proposal from the Berenguer Ingenieros firm says the port will take three years to build; the council is now preparing to deliver the plan to the regional government There has been a step forward in the project for Fuengirola’s new marina. The council has now officially revealed the initial plan for this project, which […]
The iconic hotel, due to reopen to guests in 2022, will be redeveloped into a 200-room resort and will offer an abundance of luxury amenities. The iconic Byblos Hotel in Mijas Costa is set to reopen its doors to guests in 2022 after being brought by the Hyatt Hotels Corporation. The property, which has been […]
The SPI House Price Index Tracker plots the progress of the six most-watched house price indices in Spain, and brings them together in one chart. Some of these indices are updated monthly, and some quarterly with a delay of several months, making them somewhat tricky to compare purely on the basis of publication dates. Then, […]
International ratings agency S&P forecast that Spanish house prices will continue rising this year, albeit at a lower rate than in recent years. However, the Coronavirus was an external shock they were not expecting, and the assumptions of their forecast could now be out of date. Without taking account of any potential negative impact of […]
The leading Spanish property valuation firm Tinsa published its latest batch of monthly data regarding the market value of housing across the country on Wednesday morning, reporting that in February 2020 the recovery in market prices of recent years continued to progress at a minimal rate. A year-on-year increase of just 2.4 per cent was […]
Strong property market activity and growth is being experienced in five of Spain’s key cities, giving potential buyers a renewed sense of confidence, according to new analysis. The highest residential prime property prices are in Madrid where values increased 9.7 per cent during the year to March 2019, and are 50.1 per cent higher than […]
The last housing boom came over a decade ago when the construction market was at its highest thanks to relaxed EU regulations. However the figures show that today’s prices even exceed that most profitable period. The results show that the municipalities with the highest prices are Algarrobo Costa, Chilches, Estepona, Fuengirola, Marbella, Nerja and Ojen. […]
Following the recent Spanish elections PSOE has come out on top in Andalucia as the most voted party in seven out of eight of the region’s capitals with Granada favouring the PP. But the party has lost support since the general election in April dropping 150,000 ballots. In Andalucia the PSOE maintains its strength with […]
Almost half of all purchases in September were financed by mortgage loans. The latest set of data regarding the residential property market to come from Spains notaries, reporting exactly the same total in September as in the same month last year after four consecutive year-on-year decrease in previous months, although at the same time the […]