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Spanish property sales reach pre-crisis levels in first quarter of 2017

Spanish property sales reach pre-crisis levels in first quarter of 2017

The Spanish property market continues to gain momentum as new government statistics show sales figures rose by nearly 30 per cent in March.A total of 40,461 homes were sold in March, the highest monthly figure reported since February 2011. The figure marks a return to pre-crash levels from 2008, showing year-on-year increases in all of Spain's 17 regions, with rises of over 40% in the northern regions of La Rioja, Cantabria, Asurias and ... [Read More]

Number of home approvals in Malaga region up by over 250 per cent in a year

Number of home approvals in Malaga region up by over 250 per cent in a year

According to new figures, the Colegio Oficial de Arquitectos - the official body that certifies building plans in Malaga - approved projects with a total value of 419 million euros between just January and March of this year.While inland areas are showing slower growth, the number of planned new homes in the Malaga province overall has increased by over 250 per cent over the last year. A total of 1,397 new flats or houses were approved in ... [Read More]

Spain crowned world's most tourist-friendly country

Spain crowned world's most tourist-friendly country

Spain has been named the world's most tourist-friendly country, according to a new report by the World Economic Forum. In what is its biennial tourism report, the WEF ranked 136 countries rated according to categories ranging from hygiene, safety, security and transportation.Citing its array of cultural and natural offerings, along with its world-class tourism and infrastructure, Spain was ranked first of the 136 countries rated, followed ... [Read More]

Golden Visa scheme contributes €2.16 billion worth of investments since 2013

Golden Visa scheme contributes €2.16 billion worth of investments since 2013

The Golden Visa scheme offers qualified residency permits to wealthy non-EU investors and highly qualified professionals who make an investment in Spanish real estate (and other assets) valued at €500,000 or more.Introduced in 2013, the government has approved 27,301 residency permits, bringing in €2.16 billion of investment, 72% of which has been allocated to investment in Spanish property. A total of 2,236 investors have now benefited ... [Read More]

Nobu opens in Marbella in May

Nobu opens in Marbella in May

World renowned Japanese chef Nobuyuki Matsuhisa will open his highly anticipated Spanish/Japanese fusion restaurant in Puente Romano at the end of May.The owner of the gastronomic empire 'Nobu' has 34 restaurants across four continents that attracts legions of celebrities such as Tom Cruise, Richard Gere and Robert de Niro and critical acclaim among chefs. Located within the Puente Romano Beach Resort & Spa on the Golden Mile, ... [Read More]

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