flights boost canary islands property market
News Posted On: 24 April 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.
Back to news articles for this country
Latest Related News Articles in Spain
New Buildings Coming Up in Spain Despite Real Estate Boom Ending
2012-05-16
Though the real estate boom in Spain has almost come to an end, many are constructing new buildings......
Marbella Property to receive Boost from Infrastructural Improvement
2012-05-11
Its opening should make it much easier for people to travel between the western Costa del Sol and Ma.....
Spanish Banks Prepare to Increase Provisions Further
2012-05-09
To be crude, Spain's banks are preparing to bend over again as the government finalises a plan that .....
Top Five Things to Keep in Mind When Buying Property Abroad
2012-04-20
Despite the gloomy economic clouds that have been hovering over Britain for the past few years, inve.....
Banks are Selling Spanish Property at Rock Bottom Prices
2012-04-12
Banks are selling off Spanish property, in particular new apartments, at rock bottom prices, and are.....
Deal for Paramount Theme Park Signed in Spain
2012-03-13
The Spanish property market has received a boost, as the deal for the new Paramount Theme Park in Mu.....
British Tourism Figures Could Boost the Spanish Property Market
2012-03-06
It’s estimated about 2.5 million Britons will holiday in Costa Blanca this year, and this could boos.....
Spanish Holiday Home Market Seemingly on the Mend
2012-02-22
It looks as if more owners of Spanish property will rent out their homes this year, as according to .....
More International Buyers Choosing Spanish Property
2012-02-16
According to data from the Bank of Spain, international investment into Spanish property increased l.....
Girona Property Market Bucking the Trend
2012-01-31
One of the best performing property markets in Spain is Girona, according to independent research fr.....