Bright - News: The Economy
Listed below are all news items related to the The Economy category:
Six Marbella hotels and 600 local businesses have no opening licence
Rosario Flores | Sur in English
The interim committee has already suggested issuing provisional licences. Action will be taken against businesses operating in premises unauthorised for such activity
September 5, 2006 | Read more... | Category: Local Economy
Overseas property attracts the young
The UK could be developing into a nation of property investors as a new report revealed that many young people are keen to own property abroad in the future.
According to a survey by UCB Home Loans, the specialist lender of Nationwide, there is an increasing interest among young people in the potential of buying a property abroad, as house prices in the UK show little sign of falling significantly in the months and years ahead.
January 26, 2006 | Read more... | Category: Demographics
Distressed sales on the Costas
Mark Stucklin / News provided by Spanish Property Insight
It's a buyers' market on the Costas - with a glut of off-plan investors desperate to sell before having to complete. Prices are plummeting, so is it time to go bargain-hunting?
Read NewsJanuary 25, 2006 | Read more... | Category: Building and construction news
Barclays reckons 2.2 million Brits own property abroad
A new study commissioned by Barclays Bank suggests that the number of British families holding property abroad is even higher than expected. The survey, conducted by a telephone poll of randomly selected adults, suggests that 5% already own a property abroad - equating to 2.2 million people. A further 5% said that they plan to buy abroad in the near future and a remarkable 37% saw a second home as a long-term goal.
January 11, 2006 | Read more... | Category: Demographics
Spanish Property News Roundup Decemeber to January
Mark Stucklin / News provided by Spanish Property Insight
Here is a the monthly round up for all the related news to Spain´s proprety market. If you need further information then visit Mark´s site.
January 10, 2006 | Read more... | Category: Building and construction news
Spanish Property News Roundup November to December
Mark Stucklin / News provided by Spanish Property Insight
Here is a the monthly round up for all the related news to Spain´s proprety market. If you need further information then visit Mark´s site.
November 8, 2005 | Read more... | Category: Building and construction news
Costa del Sol tourism figures up in August for first time in three years
The industry is optimistic that September will also be a good month
Pilar Martínez/Sur in English
Tourism figures for the Costa del Sol for the recent peak summer months indicate an end to the downward trend set over the previous two summers. The industry and the authorities are confident that the positive figures will continue at least until the end of the month of September.. Read News...
September 9, 2005 | Read more... | Category:
The global housing boom
In come the waves
The Economist
NEVER before have real house prices risen so fast, for so long, in so many countries. Property markets have been frothing from America, Britain and Australia to France, Spain and China. Rising property prices helped to prop up the world economy after the stockmarket bubble burst in 2000. What if the housing boom now turns to bust?
Read News...
September 9, 2005 | Read more... | Category: Real Estate and Investment
The price of new housing drops for the first time in recent years on the Costa del Sol
Cristina González / Costa del Sol News
A new report reveals declining sales figures on the western coastline
The building market on the Costa del Sol is slowing down, after many years of galloping growth and a landscape of high cranes right across the area.
September 8, 2005 | Read more... | Category: Real Estate and Investment
What to do about the housing crash?
Money Week
Many still consider it premature to suggest that the UK residential housing market is about to crash, or is indeed already crashing. They therefore also think it premature to consider the impact that a housing crash might have on the economy. However, the fact is that many of the housing market statistics that we watch have greatly deteriorated in recent months - house price to income ratios make houses look even more expensive than they did before the 1989 crash, for example. For us, that implies that thinking about the economy in terms of a house price crash is a more pertinent thing to do than it has been for more than a decade.
August 1, 2005 | Read more... | Category: Real Estate and Investment
Residential property: not waving but drowning
Money Week
Most people now agree that the housing market is vulnerable to a sell-off. But will it be a mild slowdown, or a Nineties-style crash? James Ferguson reports.
August 1, 2005 | Read more... | Category: Real Estate and Investment
The foreign population rises by 20,000 a month
Melchor Sáiz-Pardo: Sur in English
The legal foreign population of Spain has tripled in the last seven years, the number of immigrants shooting sky high at a previously unheard of rate.
In the first six months of this year alone the figure for legally registered foreigners rose from 1,324,001 to 1,448,671.
July 4, 2005 | Read more... | Category: Demographics
Foreigners now living in a hundred municipalities in the province
Half of the inhabitants of Benahavís were not born in Spain, while the same figure for Teba and Almargen does not exceed 0.3 per cent
A third of the municipalities have residents from the five continents
Juan Soto: Sur in English
July 4, 2005 | Read more... | Category: Demographics
Stepping up low-cost flights is the key to the German market
The Secretary of State says that one in every four passengers on these airlines flying to Spain comes from Germany
Pilar Martínez: Sur in English
July 4, 2005 | Read more... | Category: Spain's Economy
End of an affair: How British package tourists are staying away from Spain
Cheaper rivals and holiday homes push costas into decline
June 18, 2005 | Read more... | Category: Travel & Tourism
Airport surveys reveals that British tourist share continues to rise
Passengers numbers are not increasing as fast as four years ago
The UK is the only country to maintain its growing share of market
June 17, 2005 | Read more... | Category: The Economy
Home prices increase 18 times more than wages
JBy Oliver McIntyre
May 15, 2005 | Read more... | Category: Spain's Economy
Taking property lessons from Europe
Spain may want to look to its neighbors for ideas on how to control rising house prices.
El Pais
I. De la Vega
May 15, 2005 | Read more... | Category: Spain's Economy
Europeans increasingly buying second homes
The trend for Europeans buying a second home is growing, but it is probably not the time to buy as an investment, according to the European Housing Review.Read Article...
May 15, 2005 | Read more... | Category: Demographics
Fly-to-let triggers Spanish debt crisis
According to figures released by the Bank of Spain, the financial debt of Spanish households hit a record high last year of €595.18 billion, a direct result it is suggested, of Spaniards being forced to take on ever bigger mortgages to keep pace with the rising tide of their property boom.Read Article...
May 15, 2005 | Read more... | Category: Spain's Economy
Town Hall claims that ambitious plan will transform San Roque
Some 21 large-scale projects including road improvements are soon to start and another 11 are nearly finished Read Article...
May 15, 2005 | Read more... | Category: Local Economy
A quarter of Nerja’s registered inhabitants are not Spanish
This month for the first time ever the municipality has reached the 20,000 mark on its official population census
Read Article...
May 15, 2005 | Read more... | Category: Demographics
Almost 1.5 million in Malaga province due to accelerated growth of larger municipalities
TThe population increased by more than 50,000 people during the past year, according to official figuresRead Article...
May 15, 2005 | Read more... | Category: Demographics