Finance

MALLORCA’S luxury travel market is having a record year — and the numbers behind it are hard to ignore. The island continues to absorb demand through private accommodation, especially villas and vacation homes. Residents and local authorities face the same pressure points: the housing shortage, the infrastructure capacity and the environmental costs of the peak season intensity. What follows is …

Demand from abroad is shaping the market in a way that has never been seen before. Credit: kallerna / Creative Commons The Costa Blanca will still be a huge draw for British buyers who dream of Mediterranean sun and views of the sea in 2026. But the landscape of property purchase here is changing fast – from buyers and prices …

MARBELLA’S long-delayed Four Seasons project has taken another step forward after the town hall approved €9 million in urbanisation works for the El Pinar site in Río Real. Seven years after the first stone was laid in Marbella, the luxury resort project is once again moving forward, with new planning steps and multi-million-euro works on infrastructure. In 2018, the luxury …

The Outer Hebrides of Scotland has strange seagrass “fairy-circles” that have been spotted. Credit: Screenshot from YouTube NatureScot Something unusual has been quietly forming beneath the waters of Scotland’s Outer Hebrides – and now, for the first time, it’s been captured on camera. Locals and marine experts are both intrigued by the perfectly shaped circles that appear in aerial footage. …

The event, now in its thirteenth year will take place at CIO Mijas. Entrepreneurs, founders and business owners are expected to attend from Spain and abroad. Focus is placed on practical learning, a clear strategy and meaningful connections with professionals. The event is a long-standing tradition for women who are building businesses. Ali Meehan founded the Costa Women conference. It …

The number of vacation homes in Spain that were available to rent fell by 12.4% between November and December last year. It was the biggest drop ever since the National Institute of Statistics began compiling statistics twice a month. The INE stated that the total was 329.764 in November, which is 13.6% lower than in the previous survey of May. …

A SPANISH Real Estate Organisation gathered in a Costa del Sol Universitiy to discuss the new laws and regulations for Andalucia. Last week, Spanish real estate agents gathered in Marbella to discuss the new Andalucia mandatory registration law. The reform has already changed how property is sold and bought in the region.  The event was hosted by GIPE.Gestores Inmobiliarios Profesionales …

The idea is simple: satellites that work like “cell towers” in the space, helping to fill in rural areas with weak signals and help cover gaps. The handset will automatically switch between terrestrial and satellite coverage. What Direct to Cell is? Unlike satellite phones of the past, this service is designed for standard devices and will start with basic messaging, …

Murtra delivered the message at a public event in Barcelona. He argued that the greatest risk for large operators was drift: too many moving pieces, not enough focus and too slow a pace to keep up with the US and Chinese tech titans who are shaping the rules of digital economy. What Telefónica says the money will target It is …

The Bolsa de Madrid reached a new milestone, but it also served as a reminder that this rally is uneven: only a few heavyweight sectors have been able to make the most progress, and Spain is not the main story. What propelled the Ibex towards a new peak? The banking sector was the strongest driver on the day, with many …