News update: New airport opens in Murcia; new investment in property in Mijas

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.

Homeowners missing out on billions of rental income in Spain

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.