Asset Overview
[Spain](https://en.wikipedia.org/wiki/Spain) is a country in southwestern Europe with some pockets of territory in the Mediterranean Sea, offshore in the Atlantic Ocean and across the Strait of Gibraltar. Its continental European territory is situated on the Iberian Peninsula, and its insular territory includes the Balearic Islands in the Mediterranean Sea, several small islands in the Alboran Sea and the Canary Islands in the Atlantic Ocean. The Spanish territory also includes the exclave of Llívia surrounded by the French département of Pyrénées-Orientales and the African semi-exclaves of Ceuta, Melilla and Peñon de Vélez. The country's mainland is bordered to the south by Gibraltar, to the south and east by the Mediterranean Sea; to the north by France, Andorra and the Bay of Biscay; and to the west by Portugal and the Atlantic Ocean.