Local and National News and Property Updates - Javea

Spanish Home Sales Show a Year on Year Rise

Spanish properties for sale.

LATEST home sales figures show a year-on-year rise as at September 2018 of nearly 10%… the sixth consecutive month of increases in property purchases.

According to the National Statistics Office, sales in September – which is the most recent data available – rose by 9.7% compared with the same month in 2017, and up by a comfortable 2.3 percentage points on August.

A total of 42,766 residential properties were bought and sold, the majority being second-hand homes, whilst the remaining 8,000 were new builds.

Going Renewable in Spain

The PSOE government has launched an ambitious plan to switch its electricity system entirely to renewable sources by 2050 and completely de-carbonise its economy soon after.

By mid-century greenhouse gas emissions would be slashed by 90% from 1990 levels under Spain’s draft climate change and energy transition law.

To do this, the country’s social democratic government is committing to installing at least 3,000MW of wind and solar power capacity every year in the next 10 years ahead.

New licences for fossil fuel drills, hydrocarbon exploitation and fracking wells, will be banned, and a fifth of the state budget will be reserved for measures that can mitigate climate change.

However, the government’s hold on power is fragile. With just a quarter of parliamentary seats it will depend on the more left-wing Podemos and liberal Ciudadanos parties to pass the climate plan.

No dates were included in the legislation for phaseouts of coal or nuclear energy, and a ban on new cars with petrol or diesel engines was delayed until 2040.

New Real Madrid Coach

The Spanish Football Federation has confirmed Santiago Solari will become Real Madrid’s permanent head coach after agreeing a deal until the end of the season.

Spanish league rules state a caretaker manager can only be in charge for 15 days and, with Solari’s interim spell due to end today, Real have been forced into a decision.

On October 30 the former Real player replaced Julen Lopetegui, who was sacked after just 14 matches in charge, on an interim basis. It is understood the Real hierarchy have been impressed with the job Solari has done at the Bernabeu since stepping up from coaching the club’s B team, ‘Castilla’.

The 42-year-old has won all four of his matches in charge, in those games, with the team scoring 15 goals and conceding two.