Finance

According to the Fotocasa property website, prices for second-hand houses in Spain increased by 14.8% annually in May. The report states that it’s the largest year-to-year growth in 20 years. Only between April and may of this year, prices increased by 4%. READ MORE Based on prices per square metre, Fotocasa has calculated that the average price of a flat …

Kronos Homes, a residential real estate developer under Kronos Real Estate Group, has unveiled two new housing projects on Spain’s Costa del Sol, totalling 270 homes and representing a combined investment of over €100 million. According to a company statement, the developments in Torremolinos, Mijas and other coastal areas of Malaga are a testament to the commitment the company has …

AI predicts global blackout in 2027 – should we be afraid of the dark? Credit: Claudio Schwarz, Unsplash. Hold on to your candles – the robots have spoken, and they’re shining a light on the future of electricity grids. Artificial Intelligence (AI) models predicted a global blackout by 2027. Is it the right time to go “off-grid”? AI predicted that …

Vatican City runs on 100% solar power. Credit: Petr Polan Many people wouldn’t expect the world’s smallest country with fewer that 1,000 residents to be at the forefront of the global energy discussion. The Vatican City will have a much larger impact than its size in 2025. Solar power will be used exclusively. It is an important moment in time, …

Are you on Hacienda’s radar? Credit: André François McKenzie, Unsplash. Got Crypto in Spain? here’s what Hacienda really knows — And what you need to do before it’s too late. Let’s cut the smoke and mirrors of crypto. You may have bought some Bitcoin in 2019 or dabbled with Ethereum during the lockdown. Now you’ve got digital coins in a …

TO call Salamanca’s Plaza Mayor ‘just’ a city square, the little word ‘just’ has to pull off a heroic shift. This is not an overstatement. The Plaza, a stunning piece of architectural design, is quite possibly one of the most beautiful places in the world. Construction started on May 10th 1720. The urban environment was never the same again. Each …

A PREGNANT expat fears shedding her child after she found fraudsters had stolen her dream house with pretend authorized certificates. The Scandinavian environmental scientist is now questioning how conmen may by some means create a bogus energy of legal professional (POA) to amass the house on the Costa del Sol. The 32-year-old is now ‘terrified’ of leaving her Mijas house, after …

ChatGPT’s interface — simple on the surface, complex behind the scenes. Credit: Tom Krach of Pexels Palisade’s recent experiment, in which OpenAI 03, a sister model to ChatGPT refused to follow shutdown instructions. It wasn’t a glitch or an error; it was a modification to the shutdown script that allowed the AI to continue to run even when it was …

Scammers use fake AI ads across social media platforms like Instagram, Facebook, and LinkedIn—don’t get caught out! Credit : aileenchik, Shutterstock Artificial intelligence is everywhere these days and everyone’s talking about it, your mate down the pub is trying to use it, and every other advert online promises to ‘change your life’ with the latest AI tool. The AI gold …

The Spanish Socialist Party PSOE proposed in the parliament a new law that would require all foreigners to pay 100% of their purchase price if they bought a property.  The British who purchase a house in Spain will be required to pay the exact same amount of taxes as they paid for the home.  Spanish socialists have made this proposal …