2015 will be the turning point in the price of Spanish property

Spanish Property

According to Premier Marbella news sources, the ratings agency Standard & Poor’s stated in a report that Spanish property prices will fall by 8% in 2013, 5% in 2014 and 1% in 2015. La Caixa bank claim that property prices will start to turn around in 2015. Continue reading

Investment in Spanish property reaches a new high

Spanish Property

According to Premier Marbella news sources, data just released from the Bank of Spain, foreign investment in Spanish property reached 2,834 million euros in the first half of 2013, the highest in nine years, while Spanish spent 199 million euros on property outside of the country registering its lowest level in 10 years. The demand from foreign buyers for Spanish property has been steadily increasing over the last four years.  Continue reading

Marbella property prices stabilizing

Marbella-property

According to Premier Marbella news sources, a report issued by TecniTasa into maximum and minimum prices on properties for sale in major Spanish capitals and localities, indicates that in Marbella property prices have remained stable, led by the most expensive area of Puerto Banús (5,250 euros per square meter). Continue reading

The Costa del Sol expects a 9% increase in British tourists in 2014

Costa del Sol

The World Travel Market concluded on Thursday in London, reinforcing the privileged position occupied by the Costa del Sol as a destination of choice for tourism from the UK. Forecasts for 2014 exceed the current growth in this market, as it is expected there will be an increase of between 9 and 10% of Britons, and 4% more travelers staying in hotels, which is well above Andalusian expectations. Continue reading