Search For: Villas | Apartments | Golf | Costa Blanca | Costa Del Sol | Ibiza | Canary Islands | Valencia | Mallorca | Tenerife | Murcia | Marbella |
According to the latest Golf Travel Insights report from KPMG, 60% of golf tour operators experienced an increase in the number of golf holidays booked in 2011, compared to just 38% in the previous year, highlighting a welcomed boost to the golf tourism sector.
Commercial property investment markets cooled down at the start of the year, according to Cushman & Wakefield.
The chairman of Spain's third-largest bank, which holds €31.7bn of real estate, resigned this week, prompting speculation that the government will use €10bn to bail out the financial institution. But Spanish banks are also accused of over-valuing the property on their books. With property prices already thought to be lower than the official figures, how low can they go?
Spanish property prices fell again in April, according to TINSA. The firm's latest report saw that IMIE General Index of real estate values declined by 12.5 per cent last mont,h, marking a cumulative drop of 29.8 per cent from, the market peak at the end of 2007.
The chairman of Spain's Bankia, Rodrigo Rato, announced his resignation on Monday. The Spanish government is on the verge of announcing a rescue plan for the troubled bank which will be part of a wider reform of the banking sector in Spain.
June sees the arrival of an underpass long overdue for Marbella's property market.
France remains a firm favourite for British buyers, according to the Overseas Guides Company, which provides free guides to 15 countries.
Spanish banks are hopeful that investors will show strong interest in the real estate portfolios they are selling, as long as the prices are right.
Spain has announced that its jobless rate surged to a record 24.4 percent at the end of March, pounding financial markets already reeling from a Spanish sovereign debt downgrade.
The Costa del Sol will be making every effort to welcome British holiday makers escaping London during the 2012 summer Olympic Games after a report from the Association of British Travel Agencies (ABTA) discovered that 21% of people questioned said that they do not want to be in the UK whilst the world's biggest sporting event takes place.
Please enter your Email address and we will send you more information: