Spanish property, the paradox of the local and foreign buyer market

Spanish property, the paradox of the local and foreign buyer market

A few days ago, the Bank of Spain confirmed what a number of estate agents and Spanish property portals have been saying for some time – that Spanish property sales to foreigners were increasing dramatically.  In fact, the Bank of Spain claims that the amount of money invested in Spanish property by foreign buyers during 2011 rose to 4,748 million [...]

The cost of living in Spain, rising costs and reduced income

The cost of living in Spain, rising costs and reduced income

In January 2002 the Euro became the currency of Spain, replacing the Peseta (which had been introduced in 1869) as the nation’s currency.  This set in motion two matters, both of which had a profound effect upon the cost of living in Spain. One of the first effects of the demise of the Euro was an explosion of Spanish property [...]

CULTURE SPAIN – VALENCIA CITY

CULTURE SPAIN – VALENCIA CITY

Oddly enough, Valencia was, for a long time, the ‘forgotten’ city of Spain.  Few Europeans knew that it existed and even fewer visited it.  This is despite Valencia being the third largest city in Spain, an important port, the capital of the (very large) autonomous region of Valencia and an intrinsic part of the overall culture of Spain. Of course, [...]