Category: Costa del Sol
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Prices rise 2.6% in the first quarter, the largest quarterly increase in two years
The National Institute of Statistics (INE) has published the Housing Price Index (IPV): the price of free housing rose 6.3% year-on-year in the first quarter, a rate 2.1 points higher than that of the previous quarter. The National Institute of Statistics (INE) has published the Housing Price Index (IPV): the price of free housing rose
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Starlite gets summer started
Starlite describes itself as the best boutique festival in the world. After 12 years, it has also established itself as the longest running festival, with more than 60 days of concerts. In 2024, Starlite Marbella kicks off on Friday June 14 with a concert by Jamie Cullum and, the next day, on Saturday June 15,
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Malaga Airport fast approaches all-time record of 600 flights a day, but how many more can it handle?
On just one day in July some 577 flight operations are already scheduled and, with plenty of time for last-minute flight plans still to be filed, that figure could easily increase. Some 600 flights could take off and land in a single day at Malaga Airport this summer, which would be an all-time record in
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Andalucía achieves new export record in first quarter of 2024 totalling 10.48 billion euros
Aeronautics and olive oil are the main contributors to this growth in overseas sales in the region for January to March. Andalucía registered a new all-time record for exports in the first quarter of 2024, reaching 10.48 billion euros thanks to a 1% year-on-year increase in overseas sales , making it the region that “contributes
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This is what Malaga’s future dance and culture centre in Plaza de la Merced site will look like
The Barcelona firm Barozzi Veiga has designed a building covered in stone with a large multi-purpose hall for the site of the old Astoria cinema. Barozzi Veiga, an architecture firm from Barcelona, has been declared by Malaga city hall as the winner of the competition organised a year ago to design the construction of a
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Watch artists at work Art Gaucin 2024
Every year, artists welcome visitors into their studios and galleries to see how they work This year’s Estudios Abiertos (Open Studios) event in Gaucín takes place on 24, 25, 26 May and 31 May, 1, 2 June. Around 23 artists will be opening the doors of their workshops and galleries where visitors can watch the
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A record number of foreigners bought homes in Spain in 2023
Belgians and Italians are among the top rising forces in the housing market in Spain. Foreign buyers set a new record in Spain’s housing market in 2023, accounting for nearly 15% of all home purchases. Alicante province emerges as the top choice, with nearly 44% of foreign buyers favouring the Costa Blanca. While British, German
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United Arab Emirates investment fund snaps up company behind under-construction 150-million-euro hotel on Costa del Sol
The top-end project in Estepona, expected to be completed before summer 2027, will offer 160 rooms and a series of apartments meeting the current requirements of a super luxury 5-star hotel Unicorn Royal Emirates, an equity investment fund in the United Arab Emirates, has acquired hotel company Santa Marta, which owns a beachfront hotel project
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IMF predicts Spain will be second fastest growing world economy in 2024 and 2025
The International Monetary Fund improves its growth forecasts for the Spanish economy this year and places it well above the eurozone average. Even so, it estimates that the unemployment rate will remain at 11.6%, three-tenths of a percentage point higher than it predicted in October. The International Monetary Fund (IMF) announced on Tuesday that it
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The latest property price report from Spain
The housing market in Spain appears to be recovering steadily in the first quarter of 2024, with prices rising and transaction numbers increasing thanks to relatively low interest rates and continuing demand from foreign investors. However, it’s important to note that the market can and does vary significantly depending on the region, and some areas