Page 42 - Property Portfolio - August 2019

NewsDigest Property Portfolio, in conjunction with property
portals Kyero & Tinsa, and press articles
relating to Spain, brings you a few of the news
headlines with a property and economic bias.

Girona, Cádiz & Málaga – Spain’s new

investment hotspots?

Latest price data from one of Spain’s leading
property portals shows significant price
increases in several of the country’s smaller
cities. According to Idealista, Girona, Cádiz and
Málaga registered some of the biggest rises of
20.3%, 10.7% and 8.3% respectively in the year
to the end of June 2019. Other cities such as
San Sebastian and Granada also saw above
average hikes of 8.2% and 7.2% respectively.
Average prices across Spain rose by 6% in the
last 12 months. n

Nerja Caves Festival

This year marks the 60th anniversary of the Nerja
International Music and Dance Festival. Events took
place inside the caves and the outside surrounding gardens with special concerts from the likes of
Spanish singer-songwriter Ana Belén and famous fiddler Ara Malikian. That’s two reasons to visit this
fantastic famous local attraction, one of Spain’s major ‘natural’ tourist attractions. The Nerja caves
are located 158 meters above sea level and are, with 4,823 meters, one of the most developed
topographic caves in Andalusia discovery. Since opening in 1960 hundreds of thousands visit the
caves and are stunned by its natural beauty. On Sunday mornings throughout the year, entry to the
Nerja Caves is free for residents of Nerja. Opens every day of the year except for January 1 and
May 15. +34 952 529 520. Ctra. de Maro, s/n, Urb. Cueva de Nerja, 3 - 29787 Nerja, Málaga.
General Hours: From January 1 to June 22 and from September 9 to December 31: from 9:30 a.m.
to 4:30 p.m. (Last session at 15:36). * Special Hours: From June 23 to September 8, Easter and
Thursday to Sunday: from 9:30 a.m. to 7:00 p.m. (Last session at 18:00) n

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