Monday, April 14, 2008

New flights boost property investment in Murcia

The introduction of new flights and the plans to double the size of Murcia airport and turn it into a major international hub is fantastic news for overseas property buyers. Monarch Airlines has just launched operating services to San Javier International Airport, Murcia from Manchester Airport in the UK.

The introduction of flights means increased accessibility of the area to property purchasers from north-west of England and this could make it more attractive to home buyers as more people from the UK are buying properties in Murcia in recent times. Murcia is considered to be a very safe investment. Property prices are pretty much guaranteed to remain steady due to the fact there is limited land available for new construction.

The low-cost carrier in their press release has said that flights to Murcia have been in strong demand which implies that tourism is set to boom in this region. The launch of new flights is due to the direct response to requests from the customers. This would result in the demand for rental accommodations.

Liz Savage, managing director of flymonarch.com has said that this has already become a phenomenal success as the first flight is fully booked and over 20,000 bookings are taken already. Paul Collins of BuyAssociation website has recommended Murcia as an emerging market with great potential for property investment.

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