prices
June 11th, 2010
According to the National Statistics Institute (INE), the Consumer Price Index (CPI) in Spain rose by two tenths of a percent in May compared to last month, meaning that the annual rate now stands at 1.8%, three tenths higher than in April. The annual CPI has therefore experienced its third ...
Continue reading Spain’s Underlying Inflation Rate Turns Positive
June 7th, 2010
Data released today by the College of Registrars reveals that the number of Spanish property sales recorded in the first quarter of 2010 amounted to 117,911 units, an increase of 7.04% over the same period last year and an increase of 16.28% over the last quarter of 2009. These figures ...
Continue reading Property Sales in Spain Continue to Rise
June 4th, 2010
The prices of petrol and diesel fell this week by 0.3% and 0.6%, respectively, and have experienced three consecutive weeks of declines over the peak 2010 prices, that were reached in late April. Despite these reductions, filling your fuel tank this week will cost up to 22% more than the ...
Continue reading June Fuel Prices Fall But Prices up 22% on Last Year
May 28th, 2010
The iPad has finally gone on sale in Spain. Initially expected around one month ago, but delayed due the incredible popularity of the unit in the USA, demand is also exceeding all expectations in Spain. For those still considering a purchase, the advice from all the main Spanish distributors is ...
Continue reading The iPad: A Spectacular Success in Spain
May 20th, 2010
Passing your driving licence in Spain costs an average of 835.09 euros, a full month's wages for many young drivers. However, depending on what part of the country you live in, the difference between driving school fees can be as much as one thousand euros. Facua Consumers in Action
Continue reading Save One Thousand Euros on Driving Lessons in Spain
May 14th, 2010
The National Statistics Institute has revealed that, in April, the underlying inflation in Spain has registered its first negative result since records began in August 1986. Underlying inflation, which does not include the volatile prices of unprocessed food and energy, dropped by
Continue reading Negative Inflation in Spain for First Time on Record
May 6th, 2010
Around 500 dairy farmers came out in protest today at a Carrefour shopping centre in Madrid with the motto "in defence of farmers and Spanish consumers”, with their objective being to "expose the industries and practices that are ruining dairy farmers". Brought together by agricultural organizations
Continue reading Spanish Dairy Farmer Wars
April 26th, 2010
The Minister for Housing, Beatriz Corredor, said today that according to the latest price data and construction activity, "the worst of the housing adjustment is over" and Spain has entered a "phase of stability." Corredor was speaking during the Low Cost Real Estate Exhibition,
Continue reading Spanish Minister for Housing: The Adjustment is Over
April 19th, 2010
This year is the last year you will be able to buy a home in Spain with extraordinary income tax relief, regardless of the buyer's status. As of January the 1st 2011, the reductions for buying a property in Spain will depend on a buyer's income and will mean that ...
Continue reading Time Running Out for Tax Relief on Spanish Mortgages
April 19th, 2010
According to house price statistics released today by the Ministry of Housing, in the first quarter of 2010 the average price of property in Spain was 1865.7 euros per square metre, representing a decrease of 1.4% in respect to the previous quarter and 4.7% when compared annually. The annual drop of ...
Continue reading Spanish Property Prices at 2005 Levels
