Marbella, Benidorm or La Manga del Mar Menor Could Disappear Due to Climate...
The environmental NGO Greenpeace has presented a new report that reveals how rising sea levels in Spain could mean the end of Marbella, Benidorm, La Manga or San Sebastián. Greenpeace has presented its...
View ArticleUS Investment Firms to Hand in Offer For Sotogrande, Currently Owned by NH...
According to Bloomberg, “Oaktree Capital Group LLC (OAK) and Cerberus Capital Management LP are among bidders for NH Hoteles SA (NHH)’s real-estate unit Sotogrande (STG) SA as the Spanish hotelier...
View ArticleUnemployment in Spain Reaches 5.9 Million in The First Quarter of 2014
According to the latest figures from the National Institute of Statistics (INE) the number of unemployed decreased by 2,300 people in the first quarter of the year, until 5,933,300, while the...
View ArticleMassive Closure Of Electronic Cigarette Shops Throughout Spain
The boom appears to be over for the countless electronic cigarette shops that opened all over Spain during the past few years. Commercial premises which were up until very recently selling electronic...
View ArticleOfficial Statistics Suggest That Spain’s ‘Golden Visa’ Scheme Is A Complete...
The ‘golden visa’ had hoped to attract thousands of investors and property buyers from around the globe. According to the Spanish newspaper El Pais, the scheme has barely been a success, with only 72...
View ArticleBarcelona Slaps Fine On Airbnb And Considers Taking Action To Ban Access To...
Barcelona’s Generalitat has fined the holiday rental site Airbnb €30,000€ after detecting that the site displayed advertising for more than 11,000 ‘irregular’ properties that are not registered with...
View ArticleMallorca Mansion Where Lady Diana Summered, Up For Sale At €38 Million
The ‘Castillo Mallorca’ is up for sale at a cool €38 million Euros, making it the most expensive private property on the island of Mallorca. The mansion was where Lady Diana stayed when she visited...
View ArticleBarcelona To Tackle Dog Walkers: Get a License Or Receive a Fine
The Catalan capital is set to unleash a new law that will force dog owners to get a license or face fines up to €600. From October, dog owners will be required to obtain a “civic license” before...
View ArticleSmall Tornado On The Beach In Huelva Causes Panic [VIDEO]
At around 3 pm on Sunday afternoon a small tornado surprised people on La Bota beach in Huelva. The wind lifted everything in its way into the air, including chairs and umbrellas. The phenomenon is...
View ArticleCerberus Said To Be Closing In On €220M Acquisition of Sotogrande, The...
A series of recent reports on the sale of Sotogrande by NH Hotels has shares trading at a €4,10. According to Spain’s El Confidencial newspaper, the investment fund has offered 220 million Euros for...
View ArticleUS Investment Firm To Spend 200 Million On Real Estate Projects
RCS (Real Capital Solutions), with over three decades in the industry and based in Colorado, USA, has identified a clear opportunity on the Costa del Sol and plans to invest around 200 million euros...
View ArticlePrivate Equity Funds Buy Sotogrande SA From NH Hotels Group For 225 Million...
NH Hotel Group has announced the sale of 96.997 per cent of Sotogrande SA for 225 million euros. The sale of the development and its Spanish assets goes to the private equity funds Cerberus and Orion....
View ArticleStarbucks Coffee Opening In Marbella
One of the most famous coffe chains in the world is preparing to open their first shop in Marbella. The new branch will be located in El Corte Ingles in Puerto Banus. The launch date is scheduled for...
View ArticleHispania Buys Two Hotels For €105 Million on Fuerteventura, Canary Islands
The investment fund Hispania Activos Inmobiliarios, S.A., has acquired two hotels on the Canary Islands. The two hotels are the Suite Hotel Atlantis Fuerteventura Resort and the Gran Hotel Atlantis...
View ArticleBreaking News: Major Fire In and Around Torreguadiaro and Sotogrande
BREAKING NEWS: Two major fires have broken out in Torreguadiaro and Sotogrande this afternoon. Both fires are visible from kilometers away with residents as far as Gibraltar spotting them on the...
View ArticleSpaniards Spend an Average of 50% of Their Income on Housing Costs
Real Estate network RE/MAX Europe conducted a survey about how Europeans live and what they are looking for in housing. This survey revealed some very interesting findings about the European market as...
View ArticleBrad Pitt Buys €3.5 Million Mallorca Holiday Pad With Sea Views
The Hollywood star Brad Pitt is said to have closed in on a property deal on the Balearic Island of Mallorca just after finishing filming new movie Allied in Gran Canaria. Local papers said the villa...
View ArticleSpain Registers 132 Cases of The Zika Virus, 19 in Pregnant Women
The number of Zika virus cases diagnosed in Spain has increased to 132, up from 124, with 19 of them pregnant women. According to the Ministry of Health, all patients who tested positive for the virus...
View ArticleLoQUo, One of Spain’s Leading Classifieds Site to Shut Down
After 14 years in action, LoQUo, one of Spain’s leading classifieds ads websites is shutting down. The popular classifieds portal founded by Ubaldo Huerta in 2002 and later acquired by eBay in May...
View ArticleParis Hilton Returns to Ibiza Nightclub Amnesia for Fourth Season
The Hilton hotel chain heiress, Paris Hilton is back this summer at Amnesia with her ‘Foam & Diamonds’ party. This year will be the fourth season that Paris performs at Amnesia. Organizers...
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