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Summer 2013 Could be the Coldest in 200 Years 29 May 2013 | 01:43 pm

Looking back over the past few weeks, many will have certainly noticed the erratic weather. From hot and sunny days to gloomy rainy days – back and forth. Here comes the icing on summer 2013. Accordin...

Unemployment in Spain Tops 6 Million 25 Apr 2013 | 09:45 pm

New figures reveal that unemployment in Spain now affects 6,202,700 people. An increase of 563,200 over the previous year when 5,639,500 people were unemployed. The unemployment rate in Spain has reac...

Spanish Property Prices to Drop to Levels of 1989 says UBS 25 Apr 2013 | 09:30 pm

According to a report elaborated by UBS CIO Wealth Management, property prices in Spain are to continue dropping until they reach levels of 1989. The report was sent out to its private banking clients...

La Caixa to Sell off 12,000 Properties for 1,500 Million Euros 12 Apr 2013 | 02:49 am

The Spanish savings bank La Caixa has put up for sale a package of 12,000 properties held by its Servihabitat company. Morgan & Stanley have been appointed to sell Servihabitat Gestión Inmobiliaria S....

5,639,500 Unemployed in Spain 27 Apr 2012 | 10:00 pm

Unemlpoyment in Spain has risen by 365,900 in the first trimester, reaching a total of 5,639,500. The unemployment rate in Spain now stands at 24.44% according to the latest figures revelaed Friday by...

8,000 British Students Invade Salou During Annual Saloufest 3 Apr 2012 | 05:10 am

Over 8,000 british students, one thousand more than last year, have invaded the Costa Dorada’s tourist resort of Salou in what is now the 12th edition of the Saloufest. The British operator I Love Tou...

Over 50% Youth Unemployment in Spain 3 Apr 2012 | 02:18 am

According to Eurostat, 50.5% of those younger than 25 in Spain are out of work. Eurostat notes that unemployment increased throughout the Eurozone and European Union, up to 10.8% and 10.2%, respective...

Hotel Incosol in Marbella Closes After 39 Years 2 Apr 2012 | 06:55 pm

After 39 years, the hotel Incosol closed down on Sunday due to a lack of economic resources. The 130 workers have pledged to stay on and wait for an investor to buy the hotel. They will carry out main...

Extreme Cold Weather Hits the Costa del Sol 3 Feb 2012 | 11:06 pm

The big Siberian cold which has covered nearly the whole of Europe, has finally hit the province of Malaga, bringing with it one of the coldest nights of the winter. The cold weather is expected to st...

Spanish Property Sales Continue Collapsing 10 Dec 2011 | 04:56 am

Spanish property sales have dropped 30.3% and 40.8% in the first and second trimester of the year, respectively. Existing home sales fell 6.3% in the third quarter compared to the same period in 2010 ...

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