Despite the global financial crisis which caused Spanish property prices to plummet by as much as 50%, prices in La Manga resort have kept pace with the UK market since 2000. How has that happened and should you get into the market?
Whether visiting or buying, Spain has seen a decisive increase in British arrivals this year. Along with reports of tourism and property buying, we have interesting news on easyJet hand baggage arrangements, bigger fines for silly swimmers and a hearteningly united response to terrorism.
Majorca and Ibiza are so passé. All the beautiful people are heading to the smallest of Spain’s Balearic islands, Formentera, to enjoy its relaxed vibe, Caribbean-esque beaches and sumptuous cuisine.
The UK Ambassador in Spain calmed expats’ Brexit fears this week. Other good news included the arrival of Sky TV and yet more flights. No wonder Spain is still Rightmove’s most searched overseas location.