tourism

Friday 6th February 2015

Recent Market Data February 2015

As you probably know the Euro has been weakened significantly recently which provides an excellent opportunity for foreign buyers to save thousands on a European property purchase. In the last year the British Pound has seen a 10% increase in strength against the Euro – British buyers are now in a favourable situation where they see a seven-year high in exchange rates coupled with the lowest house prices in Spain in ten years. (Figures 1 & 2)

Figure 1 – Property price (€/m²) Source: tradingeconomics.com/ Ministry of Housing Spain

  

Figure 2 - EUR/GBP 7 year profile. Source: xe.com

This correlates nicely with economic confidence also at a seven-year high, particularly in areas such as retail, consumer confidence and industry. Some good comparisons on last year to note would be:

·14.2% more mortgages approved in November 2014 compared to the same period the year before

·5.1% more new build permit applications submitted in 2014 than 2013

·2013 saw a record breaking number of tourists come to Spain and 2014 also broke records with a 6.5% increase on the previous year. These 65 million tourists spent approximately 63.1 billion €.

Have a comment on Recent Market Data February 2015?

Be the first to comment!
Thursday 20th September 2012

Enjoy a Free Currency Card with up to 500 Euros free

Girasol Homes and Foreign Currency Direct
 
 
Buying overseas, about to travel to Europe on an Inspection Visit? 

If you have the need to exchange and transfer money overseas currencies.co.uk are here to save you time, money and hassle.

That’s why Girasol Homes have teamed up with currencies.co.uk to ensure that their clients benefit from not just their most competitive exchange rates but from their award winning, personal service.

We are just becoming involved in the launch of a new currency card which enables you to get up to €500 absolutely free courtesy of our currency partner Foreign Currency Direct plc.

All you would need to do is register for free here on www.currencies.co.uk  Within a few days, you would receive your EUROCARD through the post, and as soon as you arrive for your viewing visit, your card would be activated and credited with €100 available immediately to offset your viewing visit expenses, to spend in shops, bars or restaurants.
 

Have a comment on Enjoy a Free Currency Card with up to 500 Euros free?

Be the first to comment!
Wednesday 29th June 2011

Air Traffic Rises across Spain in May 2011

From Moodies Report

SPAIN. Aeropuertos Españoles y Navegación Aérea (AENA), the country’s airport and air traffic control authority, posted a +6.4% year-on-year increase in passenger traffic in May to 17,883,637.

Madrid-Barajas Airport experienced a -1.7% decline to 4,213,488 but Barcelona El Prat Airport posted a +22.3% surge to 3,072,750.

All top ten airports, other than Madrid, posted year-on-year growth. Pallama de Mallorca was up +6.8%, Malaga +9.8% and Alicante +7.3%. Tenerife Sur was the fastest riser, up +22.1%.

For the first five months, passenger numbers across the AENA network rose by +8.5% to 75,001, 913.

Madrid-Barajas Airport experienced a +1.3% gain to 19,516,202, while Barcelona El Prat Airport posted a +20.0% increase to 12,639,500

All top ten airports posted year-on-year growth for the period.

Have a comment on Air Traffic Rises across Spain in May 2011?

Be the first to comment!