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Costa del Sol to benefit from new 125m euro property development in La Cala

Costa del Sol to benefit from new 125m euro property development in La Cala

A 600-property development in La Cala de Mijas backed by British developer Taylor Wimpey PLC and La Cala Golf is due to be completed over the next few months. Development on the project began in 2014 when the hotel chain began working in collaboration with Taylor Wimpey Plc, delivering the first set of 60 residential properties last summer.The existing golf course will be the largest new housing development in Andalucia over the next ... [Read More]

Spanish Property Market Report - August 2017

Spanish Property Market Report - August 2017

According to the latest market reports, the property market in Spain continues to show signs of steady and gradual growth. The Spanish property market has now expanded in every quarter over the last four consecutive years, and not only continues to show signs of steady and gradual growth, but evidence that it is also gaining momentum at a sustainable rate.Aided by significant international demand, affordable prices, a rise in support from ... [Read More]

Blackstone acquires a large stake in Spanish banks real estate portfolio

Blackstone acquires a large stake in Spanish banks real estate portfolio

In a bid to contribute to Spain's robustly recovering economy, US asset manager, Blackstone Group LP has announced that it will acquire a majority stake in Spanish lender Banco Popular Español SA's real-estate portfolio.Blackstone will control a 51% stake in a newly formed company that will include approximately 30 billion euros worth of Banco Popular's real-estate assets, including the banks real-estate management company, Aliseda.Rescued ... [Read More]

Foreign investment in Spanish property doubles in one year

Foreign investment in Spanish property doubles in one year

According to data released by real estate investment analysts JLL, foreign investment in Spanish property has doubled in just one year.The data reveals that foreign nationals have spent a record-breaking €888 million on Spanish properties since the beginning of 2017, more than double the amount spent during the same period last year.Foreign investment in Spanish property in 2016 reached the highest level in over a decade, marking a ... [Read More]

La Feria de Malaga - The Costa del Sol’s most famous event

La Feria de Malaga - The Costa del Sol’s most famous event

While August on the Costa del Sol is known to be the busiest and hottest time of the year, the height of summer on the Spanish coastline is in many ways characterised by some of the most treasured features the region has to offer; long, lazy days by the Mediterranean coastline, barbecued sardines on the beach and warm jasmine scented evenings - but above all, the Feria de Malaga.Typically held on the third week in August, the Malaga fair will ... [Read More]

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