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The Government’s Plan to Reactivate the Tourist Sector: Preferential Loans and Mortgage Moratoriums for Hotels

The Prime Minister, Pedro Sánchez, has unveiled a plan for the revival of the tourism sector with funding amounting to 4.3 billion euros structured around five courses of action.

Hotel on the Costa del Sol.

On Thursday, the Prime Minister, Pedro Sánchez, unveiled a plan for the reactivation of the tourism sector, one of the hardest hit by the coronavirus pandemic.

This Plan to Boost the Tourism Sector includes 28 measures structured around five main courses of action: restoring confidence in Spain as a safe destination, implementing measures to reactivate the sector, improving the competitiveness of tourist destinations, improving the model for tourism knowledge and intelligence, and a marketing and promotion campaign.

B-Exclusives

House Prices in Madrid Rise by More Than 45% in Five Years

The average home cost 295,927 euros in the Spanish capital at the end of March, compared to 165,280 euros on average in Spain.

How Much Does it Cost to Rent a Home in Your Area According to the Government’s Statistics?

The map prepared by Brains RE using data from the Ministry of Development's index reveals the rental prices in each municipality in Spain; and they vary quite a lot compared to other indicators.

Where are the Most Expensive Homes in Spain?

25 Spanish towns registered house sales costing more than 3,300 euros per square metre during the first quarter, including eight municipalities in the Balearic Islands.

House Sales Reach their Highest Prices in 8 Years

Homes sold during the first quarter of 2020 registered the highest prices seen in the last eight years, with an average of 1,747 euros per square metre; four autonomous regions accounted for 70% of the total sales volume.

Latest news

Pontegadea Earns €1.8 Billion and Increases its Real Estate Portfolio to More Than €15 Billion

Amancio Ortega's holding company closed 2019 with revenues of €2.3 billion, of which €0.6 billion came from its real estate activity, with buildings located around the world.

Amancio Ortega Reorganises his Property Portfolio and Carves Out the British Assets into a Separate Company

The owner of Inditex is unifying his real estate portfolio in Spain, separating out his assets in the United Kingdom into a new company and reordering his financial investments.

Patrizia Raises More Than €1 Billion for its Latest Fund which will Invest in Logistics Assets in Spain

The manager has announced the closure of its flagship fund TransEuropean VII LP ("TEP VII"), which has reached its maximum capital limit of 750 million euros and which plans to invest more than 1 billion euros over 3 years.

Allegra Reinforces its Expansion with the Appointment of José Joaquín Puig de la Bellacasa

In his new position, Puig de la Bellacasa is going to strengthen the domestic and international investment strategy of the group that specialises in the investment and development of real estate assets.