IN an era dominated by technological advancements and corporate giants, Melec Costa stands as a testament to tradition, resilience, and personalised service. We are already in our second generation, with the third generation growing up fast and hopefully ready to take the business to new levels! We offer more than just products. We provide a sense of familiarity, trust, and …

THE most expensive street to buy a house in the Valencian Community has been revealed to be in the luxury Altea Hills urbanisation on the Costa Blanca. Calle Las Ramblas also boasts- at €10 million- the most expensive property on the market in the region. With panoramic views of the sea, the road has an average €4 million asking price …

A STUDY by property portal Idealista has revealed the cheapest and most expensive cities in Spain when it comes to renting a room in a shared flat.  The analysis looked at the average monthly cost of a room in all the provincial capitals during the second quarter of 2024. At the top of the list was Barcelona, with an average …

ORIHUELA on the southern Costa Blanca has seen the largest rise in house prices per m2 in the last year of any coastal municipality in Spain. The Tinsa IMIE Local Markets study for the second quarter of 2024 shows a 0.5% quarter-on-quarter rise nationally in coastal areas. The price index takes in both new and second-hand properties. CALA CAPITAN ON …

SHOCKING figures have shed light on the Balearic Islands’ housing crisis, with up to one in three homes empty for all or most of the year at a time when many locals struggle to find affordable accommodation. The data, published by the National Institute of Statistics (INE) as part of their latest Official Housing Census, shows that out of 652,123 …

TENNIS star Rafa Nadal and Ibizan businessman, Abel Matutes, will invest over €200 million to build luxury homes on the Costa del Sol. Under their new joint venture company, Palya Invest, they plan to build a hundred luxury villas and apartments at two sites, which will be completed in either 2027 or 2028. Matutes- from Ibiza- is president of the …

SPAIN’s ancient churches are some of the nation’s most famous architectural gems. They display a variety of architectural styles reflecting the various eras from which they  originate , from Mudejar to Renaissance and Baroque. But a new minimalistic church in Tenerife has shown that the era of great religious architecture is by no means over in Spain. The Holy Redeemer …

THE average percentage of household income needed to buy a home in Spain rose to 23.1% during the second quarter of 2024 according to a study from the idealista property portal. The percentage is either higher for rentals, 35.7%, as a shortage of properties and rising prices has pushed up rents by 4% over the last 12 months. Francisco Iñareta …

NEXT month’s anticipated interest cut by the European Central Bank is contributing to significant falls in the Euribor- the main benchmark index for mortgages in Spain. August’s Euribor rate is almost a percentage point down on a year ago, standing so far this month at 3.18% compared to 4.073%. Last September, it peaked with a monthly average of 4.149%. The …

WHEN Real Madrid’s Santiago Bernabeu stadium hosted Taylor Swift’s Eras tour, all eyes were on the pop superstar. But for the football club the real star of the show was the stadium itself. Swift’s concert marked the first occasion the ground was fully open – albeit ‘unofficially’ – after a massive revamp some 10 years after the plans were first …