Property Guides

One Million Bank Accounts Closed by Spanish Banks

Bank accounts in Spain are being closed down. What do you have to do to make sure this doesn’t happen to you? Spanish banks have closed up to one million bank accounts. This sounds dramatic and some believe impossible, but the banks are required under the Law to do so. In order to restrict money laundering, all banks in Spain were required to obtain photocopies of identity cards or passports of each and every customer by the end of 2015.

The Trouble in Spain Falls Mainly on the Plane

It has been an uncomfortable summer for air travellers, with strikes and operational difficulties affecting many flights to and from Spain, and Barcelona suffering the most. We look at what lies behind the problems. It has not been an easy time of late for Spain and its airlines; for many people travelling to and from the country, there are still more problems on the way. Passengers have been left stranded for hours and now there is a threat of strike action.

Enjoying summer with an eye to your wallet

How can you enjoy your summer in Spain without spending a fortune? There are simple ways to save your money which we list below. Summer has arrived in Spain and we usually find we spend more at this time of year. Perhaps you will have a couple of ice creams a day, or will go out to eat more often or visit new places? Snacks on the beach, live music, fiestas all contribute to a larger than normal outlay. We suggest a few ways to save money while still having fun.

Swings and Roundabouts

Spain is seeing price rises for property for the first time in 8 years. Is this likely to be a permanent trend or will Brexit bring them down again? Looking at the Spanish and British Press comments about the property market in Spain, you might be forgiven for feeling confused. On the one hand, some experts are saying that prices are likely to rise by as much as 12% over the next year, on the other side some suggest that the British are less likely to buy which will impact on the Spanish property market.

The Alameda Portugal Beer Festival Arrives in July for the Second Time

A new Portugal beer festival, which attracted tens of thousands of people last year, will be repeated in Faro for the second time in July.   If you think about beer in Portugal, chance are that the brands that spring to mind are Super Bock and Sagres. The latter is reasonably ubiquitous and well known across the UK, as well as in Portugal.

How much does it cost to live in Spain compared to the UK?

It’s so important to get an idea of how much the everyday items you need to maintain your life, such as groceries and utility bills, will cost once you arrive in Spain. This week heralds the annual Cost of Living survey, comparing the cost of living in Spain to what you may be used to in the UK. We used the exchange rate GBP/EUR: 1.28 from 18th May 2016.

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