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Europeans are coming to Spain to escape rising energy prices

The Spanish city of Benidorm, on the Costa Blanca, has long been a popular tourist destination for people from all over Europe. It has also become a place where people can save on high energy bills due to the mild climate. The European Union has accepted Spain's so-called "Iberian exemption", allowing the country to decouple gas prices from electricity prices for a year. This option could halve...

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Spanish house prices to fall in 2023 and 2024

Experts predict Spanish house prices to fall 3% next year As the global economy continues to pick up, Bankinter's research and markets division released some positive news this week, saying that property prices in Spain could fall sharply next year and further into 2024. Specifically, according to market expert Ramón Forcada, global real estate prices are expected to fall by 3% in 2023 and a...

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