Sunday, September 27, 2020
Home Market Visits from I...

Visits from International Tourists All But Disappeared in June, With a Decline of 97.7% YoY

In June, Spain welcomed 204,926 international tourists, down by 97.7% compared to the same month in 2019, according to Frontur, and they spent 98.6% less.

The Frontur and Egatur surveys published on Monday by the National Institute of Statistics (INE), reveal a minimal opening up of the market to international tourism in June following the complete shutdown of activity in April and May. The year-on-year comparative figures reflect the disastrous impact of the coronavirus pandemic.

During the first six months of 2020, the number of tourists visiting Spain decreased by 71.7% to reach 10.8 million. Their spending fell by 70.6% compared to the same period the previous year, to reach 11.8 billion euros. Overnight stays in hotel accommodation decreased by 98.3% and in rental homes by 97.9%. The number of tourists staying in the homes of family and friends decreased by 96.3% and those staying in owned properties declined by 94.2%.

Read the full article in Spanish.


The Details of the 102 Residential Plots Being Sold by the Community of Madrid

The regional government is going to put 240 publicly owned plots up for sale, of which 102 are for residential use. The jewel in the crown is a plot spanning more than 32,000 m2 in the heart of the Salamanca district.

How Covid is Affecting House Prices: Map of the Decreases by District

The coronavirus crisis is causing house price decreases of up to 70% in some municipalities in Castilla La-Mancha, the Community of Valencia and Andalucía.

Property Developers Launch Large Urbanisations Post-Pandemic

Between April and August, work began on 996 developments in Spain with the ten largest comprising 1,691 homes. Of those ten, which are located in Madrid, the Basque Country, the Community of Valencia and Andalucía, four are being built by Amenabar.

Fearless Despite the Crisis: Property Developers Start Work on More than 27,000 New Homes Since April

Between April and August, work began on a total of 996 developments and 27,882 homes in Spain, according to data from the real estate big data platform Brains RE, with Amenabar, Habitat and Aedas the most active players.

Latest news

Lidl Expands its Logistics Capacity in Spain with a New Project in País Vasco

The supermarket chain will invest around 75 million euros in this project, whose launch is scheduled for the end of 2021.

Avintia and Cemex Launch the First Factory for the Industrialised Construction of Homes in Spain

The companies have launched the first factory for the industrialised construction of homes in Spain in Carabias (Segovia), which will have a production capacity of around 1,000 homes per year.

Burberry Chooses Málaga to Open its Third Outlet in Spain

Across Spain, Burberry operates five establishments, including its own stores and concessions in department stores.

Madrid Sees a Boom in the Construction of New Homes in Berrocales, La Solana and Campamento

1,393 homes are planned for La Solana; 4,500 for the first phase of Berrocales, with more than 22,000 forecast by 2034; and 10,500 in Campamento, with a significant percentage of protected homes in each location.