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Spain Expecting a Hot August

Weather forecasts for August are showing that Andalucia and other parts of Spain are in for a hot August.  July ends with temperature highs of more than 40 degrees centigrade in parts of Andalucia and Extremadura but the average temperatures for July this year have been the lowest for the past ten years.  This weekend temperatures could reach 41 or 42 degrees in some regions such as Andalucia, Extremadura and Castilla-La Mancha.

Spanish Diet Proposed as ‘World Treasure'

The Spanish government has launched a bid to get the Mediterranean diet put on the United Nations list of world treasures, according to reports with officials trying to win European support for the drive. If the proposals are successful, then the Spanish diet will be placed on the United Nations Educational, Scientific and Cultural Organisation (UNESCO) list of world treasures.

Telefonica ADSL to be Increased to 3 MB

Telefonica has been given permission by the CMT Telecommunications Market Commission, to increase the speed of their basic ADSL broadband internet service to three MB from October this year.

Low-cost Airlines Increase Passenger Share in Spain

Low-cost airlines are taking an increased share of passengers arriving in Spain and chipping away at the numbers of travellers using traditional carriers, according to a new government report.

The report by the Tourism Studies Institute, which is part of the Industry, Tourism and Commerce Ministry, said that Ryanair, EasyJet and Air Berlin accounted for 60% of traffic by low-cost carriers to Spain.   The study reports that the number of passengers flying with low-cost carriers to Spain grew last month by 29.1% compared with June, 2006, to 2.2 million, or 37.6% of the total.   At the same time, passenger numbers on traditional airlines dropped in June to 3.6 million, or 1.8% less than the same month a year ago.

Malaga, Barcelona and Palma de Majorca were the top three Spanish airports served by the low-cost airlines during the first six months of this year with Britain, Germany and Italy the three main generating markets for passengers travelling to Spain.

Spain's Unemployment Drops Below 8% For the First Time since 1978

The Spanish jobs market continues growing with unemployment falling by 96,000 in the second three months of this year.  The current unemployment rate is now at 7.95%, the lowest level since 1978.

Fragments of Skull Unearthed at Atapuerca Dig

Archaeologists working at the Atapuerca archaeological site in the Sierras east of Burgos have unearthed fragments of another skull at the UNESCO World Heritage site. The discovery was made in the Sima de los Huesos (The Pit of the Bones), and it is believed that the skull is that of a hominid female, probably in her teens. It is one many such finds at the site, and is believed to be more than 500,000 years old.

Plague of Voles in Northern Spain

A plague of millions of voles is affecting agriculture in parts of northern Spain. The voles, which are normally killed off by the harsh winters, survived in greater numbers this year due to the mildness of the winter and are currently devastating crops such as lettuce, potato and barley and threaten to invade vineyards, public parks and even urban areas.

Farmers around Leon, north of Madrid, have demanded massive doses of poison to exterminate the rodents, but health experts and environmentalists warn that the cure might be worse than the disease, with poison threatening wildlife and posing a worse risk for humans than the dead voles.

Cartoonists Charged with Slandering Royal Family

The cartoonist and the author of the controversial cartoon of the Prince and Princess of Asturias printed in a recent copy of the satirical magazine El Jueves have been charged with slandering the Spanish Royal Family and, by doing so, bringing down the prestige of the Royals. Another charge of insulting the Prince has been dropped; that was the more serious charge with a possible two year prison sentence.  The cartoonist, Guillermo, and the cartoon scriptwriter, Manel Font de Vila, will now only face a possible fine.

Coldplay Recording New Album in the Churches of Barcelona

The British group Coldplay are recording their new album in Barcelona's churches. The band says on their website that their new album to be released next year will have an Hispanic theme.

Solar Tower Being Built to Supply Electricity to Seville

A futuristic looking 11 MW solar tower is being built near Seville as part of a 300MW solar power project. Located in the municipality of Sanlucar la Mayor, the 40-storey high concrete tower collects sunlight reflected by 624 huge mirrors. The 'Solar Platform' will use a range of solar technologies. Costing around 1,200 million Euros, the plant will be completed by 2013, when it will produce around 300 MW, enough energy for around 180,000 homes, equivalent to the needs of the city of Seville.

Malaga Residents Happy With Their City

Malaga is the highest placed city in Spain in a new Euro-Barometer survey. The results have shown Malaga's residents to be the happiest about where they live with 70% of them believing that their quality of life will improve further over the next five years.  The main worries for the people of Malaga were a lack of affordable housing, employment and lack of green zones. 

The survey covered 75 cities across Europe with Malaga placed 13th, Barcelona 38th and Madrid at 61; London was 69th on the list.  The top places to live are Groningen in Holland and Krakow in Poland.

Ayuntamiento of Malaga Plan to Create New Urban Park Around Gibralfaro

The Ayuntamiento of Malaga has announced a plan to convert the area around the Castillo Gibralfaro to an urban park.  The project involves an investment of 38 million Euros, which they hope to obtain from European funds with the collaboration of the Junta de Andalucia. 

The park will include footpaths, cycleways, viewpoints, children's play area and new pedestrian accesses from Calle Victoria and Paseo de Reding.  The plan is predicted to take approximately five years to complete.

Malaga's British Consul Says Britons Are Taking More Care With Property Purchases

The British Consul in Malaga has said that the British are taking greater care when purchasing a home in Spain following recent corruption scandals. The Consul, Bruce McIntyre, made the claim during the launch of a new information phone line, ‘Infoline’ open to the over 50's. The Consul estimated that 350,000 Britons spend at least three months of the year on the Costa del Sol. 1Casa offers all properties with Comprehensive Title Insurance, buy with Peace of Mind with them.

Malaga Airport Extension Officially Operational

Malaga airport's new extension was officially inaugurated last Monday (23rd July). The extension includes nine new check-in desks to the T-1 terminal (now at 29), three new boarding gates, an extra luggage carousel and a renovated façade, a new car park with room

for 2,500 vehicles (1,800 for private vehicles and 700 for hire cars) and a General Aviation building for private flights, the flying school and aerotaxis. Further work is planned for the airport through Plan Malaga which will include a new terminal, a second runway, and upgraded road access and railway connections.

New Water Treatment Method Developed in Malaga

A company in Malaga's Technology Park claims to have invented an ecological method of water purification which is based on traditional methods such as gravel filters.  The system, which has been called ‘HumArt’, uses plants resistant to climate change to absorb nutrients from the residues of waste water and is expected to reduce the running costs of conventional water treatment plants by more than 50% over a ten year period.

Alora Feria

The 2007 Alora Feria starts next week on 1st August and runs until 5th August.

Alora's Disabled Children Presented with New Minibus

The Parents Association of Disabled Children in Alora has recently been given a 14-seat minibus for the transportation of students to and from school as well as their workshops.

The minibus cost 30,000 Euros and a further 32,000 Euros were needed to adapt it. The bus has been subsidised by the Ayuntamiento of Alora with several companies in the province also making donations.

Cazorla Blues Festival

The Cazorla Blues Festival began yesterday (27th July) and runs until Sunday 29th July in the Jaen town.  Several bands are playing over the weekend including the Muddy Waters Band. Full details can be found at www.bluescazorla.com

New Valencia Formula 1 Grand Prix

August 24th 2008 is the date for the first Formula 1 race to be held round the new urban track in Valencia port. The new Valencia race will be known as the Europe Grand Prix and will be in addition to the Spanish Grand Prix which will be held on the Cataluña circuit in April.

******MORTGAGE UPDATE******

USA - Swiss Franc interest rates 4.1% for Florida +10 other states

We are able to finance buy-to-let purchases for foreign nationals in 10 States including Florida and California. Although this product is subject to status, we can use equity in your properties in the UK, France, Portugal & Spain to achieve LTVs up to 100% LTV.

Our US Dollar loan programs are all self-certification 80% LTV with interest rates from 1.95% low start mortgages & 6.25% interest only. Our 30-year Interest only deals are proving to be extremely popular for both clients buying for the first time and those clients that are coming out of fixed rate deals onto more expensive interest rates.

All 50 States covered!

France - We offer unbeatably low and exclusive rates for your clients! We can offer clients special terms for mortgages in France. With our continued strong relationship with our French lenders means there are no bank arrangement fee to pay at all, providing a huge saving for anyone investing in property.

We have also secured exclusive lower than wholesale interest rates. This greatly increases the options available to your clients for further purchases. Our unbeatable 10-year interest only deals are priced at 4.35%. These low rates are unavailable from any other source, meaning we are the first choice for any client looking to invest in property in France.

Southern Cyprus - A home in the sun!

For purchase in Southern Cyprus we have access to mortgages in Swiss Francs, Euros, Sterling and US Dollars as well as the Cyprus Pound.  This allows your clients to take full advantage of the most competitive rates available in the market with Swiss Franc rates currently as low as 4.3%. Products include capital repayment for up to 35 years for younger clients with early interest-only periods.

Also available are mortgages for up to a full 15 years, interest-only at 70% of purchase price. If buying off-plan, loans are available for properties still under construction, with a grace period available for up to 2 years from the granting of the loan until payment starts. Re-financing is also available in Cyprus at very competitive rates.

Special Offers for 1Casa Clients

Safeguard Your Investment with Title Insurance

Since purchasing a property is possibly one of the most significant investments you will ever make, shouldn’t you have it protected? Insuring the ownership of your property (referred to as “Title”) is just as important as insuring your property and its contents from physical loss or damage, for your complete peace of mind and for the whole time you own the property we can now offer this benefit to you, for more details contact us.

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