There’s a lot going on in Spain this week – Murcia’s new airport will have its grand opening, while construction giant Quabit is to invest €23.7 million into 700 homes in Mijas. The Costa Blanca’s also set for a tourism record, with more visitors than ever before – a strong sign for anyone looking to invest in holiday lets here.
If you’re dreaming of moving out here to Spain, but you’ve still got commitments back in the UK, a holiday home could well be the answer. “But what about the cost?”, I hear you ask. Well, you can easily offset that by letting out your property. In fact, a recent survey shows that we property owners are missing out on €33.4bn of rental income in Spain. Not to be outdone by these significant figures, more research this week has come out, showing that living in Spain is up to £22,000 less expensive than the UK. Here’s your news update this week from sunny Spain.