Empuriabrava Online Blog and News

The fears of a drop in the Spanish property market are over hyped according to a Daily Telegraph article “The pain in Spain is mainly on the wane“.

Fears of a property crash have been fuelled by recent economic activity. For the full details read this China Post article.

UEFA have accepted an application from the Andorran FA to change the Andorra v England qualifier from Andorra (ground capacity 1800) to Espanyol’s Olympic Stadium in Barcelona.
This obviously means that more tickets will be available for the game and alleviate any problems such as the security hassle experience when England last played in Liechtenstein.
I’ve never […]

Figures released by the Spanish Mortgage Association show that the total volume of mortgages in Spain has reached 900 billion Euros, up 23.8% on last year and predictions estimate that the figure will reach 1000 billion this year.
Figures elsewhere show a slowdown in the rate of property price increases for resale houses. Barcelona prices rose […]

The introduction of driving licence penalty points has been cited by Minister for the Interior, Alfredo Pérez Rubalcaba, as the reason for the reduction in road related deaths over the Christmas and New Year period in Spain.
There were 95 fatal accidents between 3pm on Friday December 22 to midnight last night causing 115 deaths, […]

Spain is still the number one destination for buying abroad in Britain dispite the growing popularity of new markets such as Bulgaria.

The Association of International Property Professionals (AIPP) estimates that by the end of 2006 some £20 Billion will have been spent on buying Spanish properties by the UK market. This means that nearly one […]

A recent Financial Times article discusses how Spanish businesses now have a global outlook but things need to change if Spain is to attract more inward investment.
Read the article

ECB interest rates have gone up again and so has the number of homes being built in Spain.
Yesterday the European Central Bank raised interest rates to 3.5%. This is the sixth increase in 12 months and brings interest rates to their highest level since 2001. Analysts warned that rates may rise again sometime next […]

The future of Volkswagen’s troubled Seat subsidiary has become more uncertain under Martin Winterkorn, the incoming chairman of the Spanish carmaker’s parent company, Volkswagen group. According to European trade publication Automobilwoche, consideration is being given to separating the Spanish brand from VW and selling it.

In his current position as Audi CEO, Winterkorn is responsible for […]