Wednesday 16 April 2014

The bewildering beauty and comfort of Costa del sol, Spain


I have been a traveler, going from one place to another…exploring and enjoying the feast that god has bestowed on mankind as well as the ones created by man himself. On my spree, I visited Spain too. The country has wonderful weather and the cities adorn beautiful habitations-luxury villas, townhouses and spacious apartments. Property Costa Del Sol offers an amazing bounty of houses, plots and commercial properties. There are properties for sale, some of them at real exuberant prices while a complete range of properties available at reasonable prices too.

In addition to that, one can take on rent an apartment for short durations as well, I had taken an apartment on rent in Costa Del Sol. Well I admit the unique architectural designs are awesome. Each dwelling place takes care of the minutest need, making your living a paradisiacal experience.

Property Costa del Sol, with mountains, beaches, green stretches and sea views are breath-taking. These properties offer a plethora of options, long term and short term rentals, permanent relocation as well as mere holiday homes. One can obtain excellent and trustworthy sale services by some of the most dependable real estate agents in Costa del Sol. These realtors can fetch the client some of the most profitable deals and that too at exotic and ‘high on convenience’ locations of the place.

With all options in mind, one needs to explore more about properties in Costa del Sol. You never know, you might get the kind of property that you had been looking for…

Tuesday 15 April 2014

Spain poised for growth, predicts Central Bank


The Spanish economy is set for an upturn predicts the Central Bank. This has been the first positive indication that the worst days are over for the country. The devastating recession from 2007 fuelled by a property crash had wiped out millions of jobs and had put banks, companies and the general consumers into deep debt.

The Central Bank has estimated that the Spanish economy is poised to grow at a conservative 1.2% this year and 1.7% in 2015.

However all is not well on the unemployment front. It remains stubbornly high as a whole. But while it was 26% at the end of 2013, it promises to fall marginally to 25% in 2014 and further to 23.8%, still a long way to go with the slow growth in GDP not helping matters either.

Even though the Central Bank has put out its own estimates, the conservative government of Prime Minister Mariano Rajoy is even less optimistic. Official figures of economic forecasts predict GDP of 1.0% in 2014 and 1.5% in 2015.

A comparison of other countries on the periphery of the Euro Zone shows a similar scenario. Portugal whose economy had to be bailed out by IMF in May2011 is also showing signs of gradual recovery from the aftermath of recession. Initial forecasts by the Central Bank put GDP at 1.2% this year, 1.4% next year and around 1.7% by 2016 with growth riding on increased exports and household spending. However like Spain, the impact on the unemployment rate wousald be very gradual.

Other bailed out countries like Greece and Ireland are also heading towards export-led recoveries. In fact, Greece has shown a current account surplus for the first time since 1948. For more information click here.