flights boost canary islands property market
News Posted On: 24/04/2009
Budget airline Teleticket has announced its plan to run new flights to the Canary Islands; filling the gap left by the collapse of travel agent and airline company XL several months ago. The flights, which begin in 2009, will run from Bristol airport to Tenerife, Lanzarote and Las Palmas.
Liam Bailey, overseas property portal Property Abroad 's chief market analyst had this to say about the plans:
"Just at the time when the bulk of people start spending on holidays and property again, even people who know nothing about overseas property markets can easily see that more flights will never have a negative effect on a property market. "
"But to say that it will massively increase tourism to Tenerife and Lanzarote is a bit much-of-a-muchness; tourism to Tenerife, Lanzarote, and all the Canary Islands is absolutely huge as it is -- because of the year-round warm climate and well established tourism industries.
The new flights to the Canary Islands will boost tourism though, especially from Wales, and Southern Ireland to the Canaries, the former because flights are limited and the latter because flights are more expensive than from UK airports."
Property Abroad has some excellent properties in the Canary Islands, those on a limited budget can buy a studio apartment in Los Christianos Tenerife for just £62,500. The complex is built on two levels around a well presented pool and recreation area -- 1 and 2 bedroom apartments are also available.
Those fired up about Lanzarote and with money to burn on luxury, will probably want to arrange a viewing of the recently refurbished two storey finca , which sits on 1802 square metres of land, completely enclosed by walls and is also being advertised by Property Abroad at just £220,000.
The land allows for a big garden, including stables at the bottom which are further enclosed by fences. The property is set in a gorgeous rural area of Lanzarote, yet only 10 minutes from local amenities, twenty minutes from the airport, and with 4 bedrooms, 2 bathrooms, a reception room, big dining room, winery, and 2 patios, the property is absolutely perfect for holiday rentals.
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