THE WORD ON THE STREET
News and information from Spain
International Edition - August 2024
Welcome to the August issue of 'The Word on the Street'. This is your monthly news and information from Spain provided by Ábaco Advisers. We hope to keep you in touch with the news, events and just a little bit of gossip.
Cybersecurity in Spain when buying property
Cybersecurity in Spain – our advice

Ábaco makes it a priority to ensure that your details are kept private and secure. In this article we emphasise how important it is to employ tried and trusted professionals when it comes to financial activities in Spain and what the risks can be if you don’t:

Cybersecurity in Spain when buying property
The Spanish Notary: What it is, role and fees
The Spanish notary explained

If you have bought property in Spain then you will already have been introduced to the role of the Spanish Notary. They are well-regarded individuals who have the responsibility for legalising and verifying private agreements and bringing them into the public domain. In this article we explain what they do, why they are important and how much their services cost:

Where are the cheapest regions in Spain?
Where to buy cheaply in Spain

The good news is that Spain continues to be a relatively cheap country in which to buy property. However, like most countries, there are areas which are cheaper than others and some where the sky’s the limit when it comes to how much you might have to pay. If you’re thinking of buying here on a budget then you might want to read this article that provides some suggestions for where you can get the most for your money:

Where are the cheapest regions in Spain?
Spanish citizenship: The definitive guide
Have you thought about Spanish citizenship?

In these days of uncertainty around residency the idea of being accepted as a citizen in Spain is an attractive one. You wouldn’t have to renew anything, your right to reside in Spain would remain – forever. If you are interested then the first question is are you eligible? In this article David Ruiz explains whether citizenship is an option for you and if it is, how you can go about it:

Living in Alcoy Spain: The Definitive Guide
An introduction to Alcoy

This time it’s Alcoy that David Ruiz turns his attentions to. Alcoy is a traditional Spanish town situated inland in Alicante province. Alcoy is known as the city of bridges and is full of many interesting architectural features. It also has its own range of industries including textiles. There are two nature parks close by and the price of housing and rentals are surprisingly cheap. To find out more about it read David Ruiz’ article and decide whether this could be the place for you to live or visit in Spain:

Living in Alcoy Spain: The Definitive Guide
The SIX biggest myths about moving to Spain post Brexit
Six myths about moving to Spain post Brexit

Since Brexit the rules have changed for people who wish to retire or come to live in Spain from Britain. However, it is not impossible if this is still your dream and there are several routes you can take depending upon your circumstances. In this article, published by A Place in the Sun, we are reminded of the NLV (Non-Lucrative Visa) option and how a relocation expert can help you find the way to make your dream come true:

The SIX biggest myths about moving to Spain post Brexit
Torrevieja Translation
Our own relocation expert

Don’t forget David Ruiz is our own relocation expert and he can give you honest and experienced advice about your options as well as carry them out for you. For more information and to contact him visit Torrevieja Translation: 

Carol and Phil's Journey of Retiring to Murcia
Retiring to Murcia

It’s always interesting to hear the stories about people who have taken the leap and have come to live in Spain. In this article we can read about Carol and Phil who used the Non-Lucrative Visa route to gaining residency. They describe their journey as well as providing some tips on managing your new life:

Carol and Phil's Journey of Retiring to Murcia
House price rises 'treble national average' in Spain's islands
House price trends in Spain

In this article Think Spain share some of the latest information about property prices as published by TINSA. TINSA is a leading quantity surveyor and provides useful statistics for those interested in the property market. According to their records, it is the Balearic and Canary Islands that are showing the greatest hike in property prices:

House price rises 'treble national average' in Spain's islands
Costa Blanca Facebook Group
Questions about the Costa Blanca?

If you’re interested in local knowledge and want to find out more about what’s available in the region then you might be interested in joining this Facebook group to keep informed about the Costa Blanca:

National Police alert: New ATM scams in Murcia
Some good advice when using an ATM

EuroWeekly News warns us about ATM scams and provides advice about how to keep your banking details safe:

National Police alert: New ATM scams in Murcia
How to stay cool during the summer in Spain; EWN readers´ top tips
Staying cool

In our last newsletter we ran a few articles with advice on ways of staying cool in the Spanish summer. Just to add to this, EuroWeekly News are sharing some tips from readers that you might find useful:

How to stay cool during the summer in Spain; EWN readers´ top tips
Entry/Exit System (EES)
The Entry/ Exit System (EES)

The European Union published on August 7th information about the EES. Although the system, at the time of writing, is not in operation yet, you can get an idea of what it will entail. At the moment, it is forecast to be put into operation towards the end of 2024:

Entry/Exit System (EES)
Olives aid stroke victims
Another reason to eat your olives...

...or at least to use olive oil! A study suggests some new health benefits linked to olives and their oil:

Olives aid stroke victims
Barcelona releases Camp Nou Renovation Photos. How does it match up to the new Bernabeu?
Camp Nou versus Bernabéu

If you’re not into football then you might have no idea what this age old rivalry is about. These are the names given to Barcelona and Madrid football teams’ stadiums and their renovation is proving to be just as competitive as their matches. As both clubs reveal their plans and projections, take a look and decide which you prefer:

Barcelona releases Camp Nou Renovation Photos. How does it match up to the new Bernabeu?
Scaremongering about Spain on the rise
Watch out for the Fake News

Have you read about the Monkey Pox epidemic or Brits targeted by Spaniards fed up with tourism? If you have then don’t panic. This article outlines how the British Press has been raising the anti and publicising false stories:

Scaremongering about Spain on the rise
VIDEO: Massive hammerhead-shark filmed in the Canary Islands
Shark alert!

This time in the Canary Islands and it’s a hammerhead shark that’s been spotted. Sharks have pretty bad press and usually without real justification but still, the presence of a shark usually leads to a beach closure just to be on the safe side:

What interests you?
What interests you?

We would welcome any suggestions for future themes you would like us to cover either in the newsletter or in an article on Spain Explained.

Please let us know by email at newsletter@abacoadvisers.com.

Thank you!
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