Saturday, December 5, 2009

Green Shoots?

According to the The Spanish National Statistics Institute, INE, the sale of apartments in the province of Alicante rose by 15% in September making it the best month for sales this year.

Many of us may know the province better as The Costa Blanca, including holiday destinations such as Torrevieja, Altea, Denia and of course the mighty Benidorm.

This is not the only province to experience some positive stats. The regions of Galicia (North West Spain) and the Basque country have also experienced positive sales figures for the first time in 2009.

Further good news for the Spanish ecomony comes in the form of an increase of 37.7% in the sale of cars in November, making it the third consecutive month to show an increase.

This increase in new car sales is another sign of the return of confidence to the Spanish market.

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