Monday, June 21, 2010

Spanish city of La Coruna offers views of the past

Property in Spain could be an ideal investment, especially in the town of La Coruna as it is a great destination for a holiday and also ambitious developments are set to take place.

Antonio Fontenla, acting president of A Coruna Chamber of Commerce said that much of the city’s property doubles as museum or gallery space. He said that the city hosts many art galleries where the visitor can take in paintings from different eras and contemporary art.

La Coruna is a Spanish region located in the north-western corner of the country. It is part of the Spanish autonomous community of Galicia, a region of vast green landscapes with a rich Celtic and Roman heritage which keeps, still today, a mystic and magic allure. La Coruna is a modern city, which combines its traditional agricultural and fishing industries with new successful industries, such as fashion and textiles.

Mr. Fontenla commented: "You won’t be disappointed by its people, architecture, gastronomy, for an unforgettable holiday."

Henrique Tello, vice mayor and councillor for tourism presented the Tourism Development Plan together with representatives from the company who designed the plan, Daemon Quest. Mr. Tello intends to make over A Coruna by improving the number of tourists and the amount of money they spend. This could be good news for investors looking to buy property in Spain now as the prices could go up should the plans take effect.

Luis Gali, manager of Daemon Quest, explained the city tourism brand is to be unified with special emphasis on cuisine, nature, sea sports and culture.

Tuesday, June 15, 2010

BA Launches New flights to Spain Balearic Islands

British Airways has launched its new BA CityFlyer service to Ibiza, allowing passengers to fly direct from the Docklands to the Balearics which is good news for rental property investors in those resorts.

Customers can fly from London City on a direct to this popular city break destination in just two hours and 15 minutes. Flights depart and return on a Monday, Friday and Sunday, leaving early morning and returning early evening, which will benefit clubbers notoriously caught out by midnight departures. The routes to the Balearic Islands of Ibiza and Mallorca were originally planned to close during September, once the busy summer holiday season is over. However, the airport now reveals that the airline is to continue operating the routes until the end of October.

British Airways flies to 12 destinations from London City airport including Palma de Mallorca, Madrid and Nice. The airline also offers Spanish holidays and flights to popular destinations such as Barcelona and Malaga. Luke Hayhoe, commercial manager, BA CityFlyer said that this new service is perfectly placed for work-hard play-hard customers that are after convenience, style and comfort. The Balearic Islands are the perfect destination for beach, sun and fun.

He commented: “With just two hours 15 minutes flying time and a minimum check-in time of 15 minutes at London City Airport, it certainly maximizes party time."

According to London City Airport press release, the extension of flights till October also means flights will operate until the end of the school half-term holidays. In order to take advantage of the BA luxury flight and holiday sale, however, tickets must be booked before the offer ends on July 6th.

Monday, June 7, 2010

Spanish countryside offers good value to tourists

Spanish countryside could be an option for people who want a good-value holiday as it is likely to provide "incredible value" in 2010, according to a media outlet.

The Daily Telegraph has reported the strong Euro has not dented the appeal of Spain and this means that while costs are up as a result of the strong Euro, they are still below those at home. Rural areas in Spain have become family's favorite holiday destination, for its combination of warm weather, clean beaches and attractive landscapes.

The development of rural tourism in Spain began rather later than its Northern European counterparts, partly because Spain has traditionally been marketed as cheap sun, sand and sea. Spain is rapidly diversifying its tourism sector, mainly by promoting its fabulous inland cities by raising awareness of its very attractive natural sceneries.

According to official government statistics, in Spain there are currently 13,887 rural lodgings offering 126, 234 beds. These lodgings have an occupancy rate of 16.92% in general and 28.5% on the weekends. The highest rural occupancy rates are in Guipuzcoa in the Basque Country, with an almost 30% occupancy rate in 2009. Coastal regions predominate in the international market, even when it comes to rural tourism, whereas mountainous areas attract most domestic tourists.

Rural tourism in Spain is extremely seasonal. Vacationers tend to go on rural holidays for short periods of time, and so we also observe a higher occupancy rate over the weekend. However, Buy-to-let investors are encouraged to market their property to niche groups such as elderly travelers, partly because they often travel out of season. Therefore, property owners could potentially collect healthy rental yields during relatively quiet periods.