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 ...
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.
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 ...
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 ...
Spanish economy expected growth in 2017 revised from 2.6% to 3.1% by IMF
The International Monetary Fund (IMF) revised its previous forecast of a 2.6% growth in the Spanish economy this year to 'at least' 3.1%.The revised figure reflects a period of strong consumption, investment and exports in Spain that has helped sustain a smooth economic recovery for the country.The world banking institution predicts that Spain's gross domestic product will surpass pre-crisis levels in the second quarter of this year, ...
