Thursday, 13 July 2017

Malaga Airport Sees Record-Breaking May

Malaga Airport Sees Record-Breaking May

Malaga airport continues to break all records
confirming the areas popularity
Records were broken at Malaga airport in May 2017, as an unprecedented 1.8 million passengers passed through the doors of the airport; representing an increase 11.2% over May of last year. This is 200,000 more than the number of people passing through the airport in June from last year – which saw 1.6 million passengers – and 100,000 more than from September 2016.

Statistics from the Airports and Air Navigation Authority of Spain (AENA) show that Malaga airport saw the most growth out of any Spanish airport, seeing twice as much growth in May as the terminals in Barcelona and Madrid.

The UK remained top of the league for country of origin of passengers, with some 620,922 British passengers moving through theMalaga-Costa del Sol airport – an increase of 10.2% over the last year. Domestic travellers were second, with German travellers coming in third (168,652) and then the Netherlands (117,971).

The great figures from May bring the country to a total of 6,487,745 passengers moving through Malaga airport across 48,922 flights during the first five months of 2017; equating to a 16% increase in operations and a 15.6% increase in passengers.

The Costa del sol continues to break all records with tourism 

Wednesday, 12 July 2017

Costa del Sol Still Among Cheapest European Holiday Destinations, Survey Shows

Costa del Sol Still Among Cheapest European Holiday Destinations, Survey Shows
Fantastic weather, food lifestyle and the welcoming Spanish people 

The annual Post Office Travel Money survey is a great way for holidaymakers and homebuyers alike looking to see where they can get the most for their money.

Over recent years, Bulgaria has emerged as a viable holiday destination for those in western Europe, propelling the country to the top of the charts. Bulgaria may not have the most charm, the best food, or the most family-friendly attractions; it does have great weather, better beaches, and incredible value for money.

Even though prices in Spain are up an average of 25% compared to 2012 when Bulgaria entered the Post Office survey, prices have dropped in the Costa del Sol.

The survey shows that the cost of holiday essentials has dropped by an average of 14% compared to 2012 in the Costa del Sol. It’s expected that prices have dropped by 3% in the past year alone.

This is coupled with the fact that property prices are an average of 40% below the peak values of 2008 to make the Costa del Sol an attractive when it comes to choosing a holiday or investing destination.

This reduced cost of daily essentials is connected to the improved economic performance of Spain. While the economy is strengthening and growing at one of the fastest rates in the Eurozone, there is a “lag” in the costs of good catching up, meaning that prices in coastal regions such as the Costa del Sol are expected to remain cheap for another two years at least.

Monday, 10 July 2017

Survey Finds Brits Looking for Property Abroad Still Prefer Spain

Survey Finds Brits Looking for Property Abroad Still Prefer Spain.

Costa del sol continues to be in such demand with its fantastic weather
and amazing Mediterranean lifestyle.
Ever Since the EU Referendum of last June, doomsayers have been predicting the fall of the British pound and that UK buyers would never consider investing in overseas property.

While it is true the sterling has fallen a little, there’s not been a shred of evidence to suggest that British interest in foreign property has abated. Sales continue to grow in fact, even if they are growing a little slower than before. A survey published recently by the Spanish Legal Reclaims legal firm shows that British desire for Spanish property remains high.

The survey showed that 55% of the people surveyed said that Brexit had not affected their decision to purchase property overseas. In fact, 10% said that their interest in European property had only increased following the vote.

45% of those surveyed said that they were most interested in Spanish property, with France coming in second at 37% and Italy coming third on 20%.

It’s hardly surprising that Spain remains the destination of choice for British people looking for European property. Spain has always delivered on a great lifestyle, great property prices and, of course, the stunning climate.

There’s more propping up the Spanish property market than just British buyers, however. Scandinavian, French, and German interest remains high, while interest from domestic buyers has been on the up for the past two years.

This has been shown by the sales data from April. Spanish notaries have shown that sales decreased in April 2017 by 2% compared to 2016 thanks to the Easter effect. The Semana Santa fell in April this year, meaning that banks, notaries, and mortgage lenders were closed for longer this year than last year, which means it was harder for Spaniards to make their deposits or take out their mortgages, which hobbled sales growth.

The excellent sales from March – an increase of 20-30% of last year – could also be a testament to the Easter effect. The trend going past these anomalies is one of positivity, showing the market is moving in the right direction.