Do not see why a Tory victory should be seen as "devastating"......?
To date, nothing has been agreed or decided. I think we all know how much the Spanish economy relies on tourism and money from ex Pat's into their economy so I am firmly of the opinion that a reasonable agreement will be identified
Of course there maybe some changes to the rules and fees for things like visas etc. however, I cannot believe that they would be significant enough to deter the business that they rely on from the UK visitors