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Mortgages in Spain are on the rise due to low interest rates and concern over future property price increases

New mortgages soar in Spain due to lower interest rates and concerns over further property price rises

The number of NEW mortgages in Spain has risen to levels that have not been seen since the beginning of 2011. According to figures released by the National Institute of Statistic on Wednesday, 243,257 mortgages for home purchases were approved between January and June of this current year. It was a 25% increase compared to 2024. READ MORE Mortgage costs …

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Marbella is hit by a wildfire

Wildfire breaks out in Marbella

News has just come in that a fire broke out in the center of Marbella, on a piece undeveloped land. Two fire engine groups, a semiheavy helicopter, and a helicopter are at the scene. Water from the nearby swimming pool is being used to douse the flames. Local residents are advised not to place garden furniture near pools, and to …

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Ryanair is threatening to cut another million seats in Spain by summer next year as the low cost airline takes on Spanish airports.

Ryanair threatens to cut another one million seats to Spain by next summer as low-cost airline goes all in against Spanish airports

RYANAIR warns that it will remove an additional one million seats on flights to Spain next Summer if the country’s airport operator doesn’t back down from higher fees. In protest against a 6.5% increase in Aena’s fees, the Irish carrier has already canceled two million seats over the summer and winter. Michael O’Leary, the chief executive of the airline, told …

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