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Investment

Business in Malaga at a Glance

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With a 4.5% GDP growth rate in 2018, Malaga continues to lead economic development in Andalucia. Seville with 24.2% of the total GDP in the region & Malaga with 20.6%, represent almost half of the economic activity in Andalucia, as reported by “Instituto de Estadística y Cartografía de Andalucía.” The Malaga Mayor recently presented a […]

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February property sales in Spain up by five per cent

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The publication by the government’s central statistics unit of the residential property sales data for the month of February 2019, showing that the number of transactions was 5.3 per cent higher than in the same month last year at 43,695. Although this marks a return to growth after the first year-on-year decrease for ten months […]

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BRITISH PROJECT UNDERWAY TO BRING ‘LARGEST LEISURE PARK IN SOUTHERN EUROPE’ TO SPAIN’S COSTA DEL SOL

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Intu

The huge Intu commercial and leisure park planned for Torremolinos will soon begin construction, it has been announced. After years of delays and setbacks, British developer Intu revealed on Friday that the first batch of contracts had been awarded to builders Dragados and Sando, which collectively form the Temporary Union of Companies (UTE). The €160 […]

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Construction jobs boost in Spain

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Housebuilding in Spain has created around 85,600 new jobs over the last year, according to Employment Ministry data. The Ministry’s and Spain’s National Institute of Statistics (INE) Survey of Active Population (EPA) showed the construction industry was among the biggest sectors driving job growth. It came second to the services sector. The EPA also showed […]

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Spanish inflation rate drops to 1.2 per cent

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The latest provisional data published by the Spanish government’s central statistics unit show that the annual inflation rate in December was 1.2 per cent, 0.5 points lower than in the definitive report for the previous month and a full point below the level where it remained for six months between May and October. Should the […]

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