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Vega Baja Leads Alicante's Property Boom with 2,000 New Homes Built in Just Three Months
May 12, 2026 2 min read
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Vega Baja Leads Alicante's Property Boom with 2,000 New Homes Built in Just Three Months
The Vega Baja comarca recorded nearly 2,000 new housing starts in the first quarter of 2026 — a 115% year-on-year increase and more than half of all new homes started across the entire Alicante province. Torrevieja alone has already surpassed its full 2025 total in just three months, with 1,281 starts. Foreign buyer demand on the Costa Blanca is the primary driver.
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Greggs Is Opening in Spain for the First Time in Almost 20 Years — at Tenerife South Airport
Greggs is opening its first overseas bakery in nearly two decades at Tenerife South Airport, timed to land before the summer holiday season. The outlet will serve the classic range — sausage rolls, hot bakes, sandwiches and sweet treats — plus one new item created specifically for the Spanish market: a Spanish Omelette Roll. Around 50% of Tenerife South's 13 million annual passengers are British.
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Valencian Government Approves €68 Million, 10-Year Bus Contracts for Key Costa Blanca Routes
The Valencian government has approved a €68 million tender process for 10-year contracts covering two key Costa Blanca bus corridors: the Valencia–Benidorm coastal route serving Dénia, Xàbia, Calpe and Altea, and the Torrevieja–Alicante southern route serving Orihuela Costa, Guardamar, Santa Pola and Elche. Planned improvements include better links to Alicante Airport, AVE stations, and Torrevieja Hospital.
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· 12 May 2026
Could Your Fingerprint Replace Your Bank PIN? The Biometric Payment Trend Arriving in Spain
Biometric payment cards with built-in fingerprint sensors are being piloted across Europe, with Spain's rollout expected in 2026–2027. Led by Visa and Mastercard, the technology authenticates payments locally on the card chip — meaning your fingerprint data never leaves the card. Nearly half of Spaniards surveyed believe biometric payments are safer than standard cards.
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· 12 May 2026
Spain Has 90 Days of Jet Fuel in Reserve — Summer Flights Are Safe, Government Says
Spain's Energy Minister has confirmed the country holds approximately 90 days of jet fuel in reserve — enough to cover the entire summer season even if Middle East supply routes were disrupted immediately. Iberia and Vueling have both confirmed flights will operate normally, with Vueling guaranteeing no fuel surcharges on existing bookings.
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· 12 May 2026
Gerard Piqué Fined €200,000 for Insider Trading After Making €47,000 on the Stock Market
Spain's financial markets regulator the CNMV has fined former Barcelona and Spain footballer Gerard Piqué €200,000 for using insider information to trade shares in healthcare company Aspy Global Services in January 2021. Piqué made roughly €47,000 profit after being tipped off that Atrys Health was about to acquire Aspy — buying shares days before the takeover was announced and selling after the price surged 20%.
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· 12 May 2026
40,000 Teachers March Across Valencia on First Day of Indefinite Strike — the First Since 1988
Thousands of teachers took to the streets across the Valencian Community on May 11 as an indefinite strike began — the first of its kind since 1988. Around 40,000 people marched across four cities, with unions claiming up to 90% of public school classes were affected. Their core demand: recover two decades of salary erosion, with the regional government's offer of €75 a month dismissed as 'ridiculous'.
News
· 12 May 2026
Spain Was Built for 40 Million People. Nearly 50 Million Live Here Now — and 100 Million Tourists Are Coming
Spain's infrastructure was designed for a population of 40 million. Today nearly 50 million people live here, 100 million tourists are expected in 2026, and roughly one in five residents is foreign-born. The seams are starting to show — from the 2024 Valencia floods to last year's nationwide blackout. Spain's construction industry estimates the country needs €407 billion in investment over the next decade just to keep pace.
News
· 12 May 2026
Largest Nuclear Submarine in the US Navy Makes Rare Visit to Gibraltar
The USS Alaska (SSBN-732), an Ohio-class ballistic missile submarine and the largest class of submarine in the US Navy, docked at Naval Base Gibraltar on May 10 under tight security. Royal Marines were flown in by RAF transport ahead of the arrival. It is only the third publicly observed US Ohio-class submarine visit to Gibraltar in 25 years — and comes amid strained US-Spain relations and rising tensions with Iran.
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