Owners Telefónica are using 4G piggyback technology to speed up roll-out and help Spain “lead the fourth industrial revolution”. Spanish telco giant Telefónica made the surprise announcement on Tuesday that it is turning on its advanced 5G mobile network in all of Spain. Telefónica is owner of the Movistar brand, as well as the UK’s […]
It’s no surprise that the tourist visitor and expenditure figures for Spain during July are very low, absolutely justifying the fears of the sector that losses will reach nearly 100 billion euros this year. Even though tourists returned to Spain during July, the combined effects of a three month lockdown and the low number of […]
1.18 million workers remain in ERTE temporary redundancy situations. Unemployment in Spain fell by 89,849 in July (-2.33%), the first decline since the start of the pandemic, to a total of 3.77 million unemployed. The beginning of summer has given a welcome boost to economic activity in Spain after the economic paralysis of lockdown, although […]
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the Coronavirus was an external shock they were not expecting, and the assumptions of their forecast could now be out of date.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 […]
Spain is activating the first of its three state of emergency levels, which allows the government to restrict movement among other measures. The Spanish government is due to declare an “estado de alarma” across the country this Saturday after a special Cabinet meeting. The mechanism unlocks a range of drastic measures the government could use […]
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 […]
If the weather conditions hold, this ski season promises to be a long one. Autumn snowfalls have meant that resorts are opening early, with Masella in Girona in the northeastern region of Catalonia getting a head start as usual; this year its lifts powered into action on November 13. But despite all the signs of […]
Tinsa report November rise of 3.7 per cent in Spanish property values. The leading Spanish property valuation firm Tinsa published its latest batch of monthly data regarding the market value of housing across the country on 4th of December, reporting that in the month of November the recovery in market prices of recent years continued. […]