Showing posts with label British-investors. Show all posts
Showing posts with label British-investors. Show all posts

Tuesday, June 24, 2008

Spain offers good value for Driving holidays

Holidaymakers have been advised to take advantage of affordable prices in Spain. Spain emerges as the best value destination for holidaymakers in Europe in a new report by Post Office Travel Services.
British motorists in Spain
The report has revealed that Spain has best value across Europe for both diesel fuel and motoring in a hire car. It is also cheapest in the eurozone for unleaded petrol with £1 per litre. British motorists might be surprised to learn that it's cheaper to fill up in Spain for diesel, at 94p a litre which is the cheapest in Europe and 26% lower than in the UK.

The cost of unleaded petrol rose considerably in all Eurozone countries surveyed over the past 12 months. There is 20 per cent increase in Italy and the UK and nearly 32 per cent in France. The reports also revealed the massive difference in holiday car-hire costs (rental for 3 days and 200 miles' fuel costs) from £122 in Spain to £248 in Greece.

Paul Bradley, spokesperson for the Spanish Property Owners Guild, stated that Spain is especially popular with Brits because there are lots of flights making it very easy to reach. Besides, traveling to Spain is actually less expensive than going to some parts of Britain.

Recently Association of British Travel Agents (ABTA) has stated that Spain is currently one of the cheapest places in the Eurozone, as prices are much lower than those in places such as France.

Saturday, June 21, 2008

UK pension disillusionment boosts Spanish property investment

Recent statistics from Inside Track revealed that 68 per cent of Britons now depend on different sources of future income after retirement. This is clearly indicated by the fact that nearly a quarter of people have gone to the extent that they gave up their pensions, while others those who put in, the amount is too low to provide sufficient retirement income.

The study found that only 15 per cent invest £200 or more. Just about 53 per cent invest less than £100 a month. Another statistics revealed that 22 per cent said that investing in overseas property would present the better option, with just 18 per cent opting for stocks and shares.

Dave Isley from NatWest stated that the Spain is highly popular destination among the retirees. Spain is said to be appealing because it offers healthy living standards, high-class housing, good weather, beaches and plenty of outdoor space. Anthony McKay, chief operating officer of Inside Track Group has said that now people consider property as an investment class in the same way they do the stock market. The high rate of house price inflation in Spain means that investors could potentially make a substantial profit should they come to sell up after their property has increased in value.

Recently Sun newspaper reported that Spain is said to appeal to different groups of property buyers, such as people who want a holiday home and those who are purchasing in order to generate wealth. Scottish Widows, pensions and investment provider has found that one-third of people in the UK want to live abroad after their retirement. Spain was found to be one of the most popular destinations with 24 per cent of British expatriates including retirees opting to live there permanently.

Sunday, June 15, 2008

Brits moving to Spain have positive reasons

Official figures revealed that Spain is one of the most popular destinations, with 24 per cent of British expatriates opting to live there permanently as Spain offers a wide choice of homes at affordable prices.

A recent study conducted by BUPA International found that 68 per cent of expats said they had a better quality of life since moving abroad. Yourmortgage recently cited the research by UKForex which found that eight out of ten Britons who now living in another country are happy in their new life. The majority of British expatriates believe they have made the correct decision by moving to Spain.

Ross Elder, managing director of Holiday Lettings commented that brits are not looking for capital gains appreciation alone. They also seek lifestyle improvements. He added that the Spain is very popular because it is conveniently located from the UK and has year round good weather while the growth of the good transport links to Spain had made it highly affordable as well.

The Telegraph reported that UK citizens are choosing to leave the country not because they are unhappy about their home country or due to the size of their tax bill but they think Spain as a "lifestyle destination", rather than a place they wanted to make a fortune.

This comes after the official figures which revealed that about 250,000 people left Britain in 2007 - 21 per cent more than during the previous year and Spain is found to be one of the most popular destinations among those opting to leave Britain permanently.

Wednesday, June 11, 2008

Spain property market entices first time property purchasers

The recent survey carried out by ICM research for BBC found that Spain is the place where 24% of 18 to 24-year-old brits would most like to make a new life and looking for their first property purchase.

This was confirmed by Paul Collins, property editor of BuyAssociation that first-time property purchasers are now looking overseas because they can grasp it in reasonable prices comparing to UK. He also added that people consider Spanish property market as being cheaper and more stable than that of the UK.

Due to the fabulous weather, easy accessibility due to low cost airlines and cheap tax rates when comparing to UK, Spain has become the most popular destination for British investors. Traditionally, Spanish property is priced at a large discount to the UK investors.

Figures from Fair Investment Company recently revealed that nearly 10 percent of first-time UK buyers have already bought their overseas property while 44 per cent are waiting in the wings. First timers are attracted towards Spain because of its low entry cost and low risk factors and also they can get their money's worth.

Monday, June 9, 2008

UK pension disillusionment boosts Spanish property investment

Recent statistics from Inside Track revealed that 68 per cent of Britons now depend on different sources of future income after retirement. This is clearly indicated by the fact that nearly a quarter of people have gone to the extent that they gave up their pensions, while others those who put in, the amount is too low to provide sufficient retirement income.

The study found that only 15 per cent invest £200 or more. Just about 53 per cent invest less than £100 a month. Another statistics revealed that 22 per cent said that investing in overseas property would present the better option, with just 18 per cent opting for stocks and shares.

Dave Isley from NatWest stated that the Spain is highly popular destination among the retirees. Spain is said to be appealing because it offers healthy living standards, high-class housing, good weather, beaches and plenty of outdoor space. Anthony McKay, chief operating officer of Inside Track Group has said that now people consider property as an investment class in the same way they do the stock market. The high rate of house price inflation in Spain means that investors could potentially make a substantial profit should they come to sell up after their property has increased in value.

Recently Sun newspaper reported that Spain is said to appeal to different groups of property buyers, such as people who want a holiday home and those who are purchasing in order to generate wealth. Scottish Widows, pensions and investment provider has found that one-third of people in the UK want to live abroad after their retirement. Spain was found to be one of the most popular destinations with 24 per cent of British expatriates including retirees opting to live there permanently.

Thursday, May 29, 2008

Tenerife, Malaga and Alicante the popular Spanish destinations

Spain is continuing to attract holidaymakers and foreign property buyers from the UK. Robin Hood Airport Doncaster Sheffield has highlighted the continuing popularity of Spanish destinations and Spain is flagged up as one of the most popular destinations for British investors and lifestyle buyers.

The UK's newest international airport released new figures indicating an increase in passenger traffic to Spanish destinations. Tenerife, Malaga and Alicante are the top three destinations. Due to high frequency of flights the leisure travelers in UK are enjoying easier and more frequent access to the popular Spanish holiday resorts. These are good destinations for overseas property buyers to think about, as this means there are good transport links with Britain and demand for rental accommodation.

Budget airlines easyJet has revealed that Malaga and Alicante are set to attract lots of British tourists after the Easter season.

The total number of passengers to have used the airport to 1.75 million since April 2005 and passenger numbers have increased to 13% from the previous year. David Ryall, managing director of Robin Hood Airport has said that passengers and destinations in Spain are increasing due to high demand.

Spain’s tourism ministry official figures states that 3.3 million people visited Spain till February 2008. The figure is 6.5 per cent more than last year. The increase in numbers suggests that demand for tourist accommodation has also gone up. Therefore, many owners of rental accommodations in Spain will find themselves in line to enjoy higher occupancy rates and better rental yields. In addition, property in key locations could potentially go up in value due to the growth in tourism.

Monday, May 26, 2008

UK property slowdown increases demand for Spain property

The slowdown in the UK housing market means that purchasers are increasingly looking for property in Spain.

Terry Walker, chief executive of Propertyinspain.net, explained that UK purchasers are increasingly realizing that property in Spain is of exceptionally good value at the moment. He added that investors might find it easier to get mortgage in Spain than they would in the UK and also Spanish property was relatively easy to sell.

He has commented that British purchasers clearly identify the bargain and also the state of the UK economy is having an unforeseen effect. British purchasers are already familiar with Spanish property market and they know the bargain areas.

He added that The Bank of Spain has claimed that they have a surplus and sufficient money to fund credit demand. On the contrary, the Bank of England does not have surplus money. This means that mortgage availability for property investors is better than in the UK.

Sunday, May 25, 2008

Spanish 'versatility' attracts more Britons

Jill Rutter of the Institute for Public Policy Research stated that growing number of people from the UK are choosing for overseas migration. Spain is one of the most popular destinations for British investors and lifestyle buyers and is due to its good weather, relaxed lifestyle and the chance to live or holiday together with the fellow Brits.

James Dearsley, European sales director for Atlas International, explained that property in Spain does offer a steady return even last year which was considered to be bad by the property experts; Spain increased seven per cent in its property prices in 2007. Spain appeals to different groups of property purchasers, such as holiday home buyers for personal use and property investors.

The popularity of Spain is due to its versatile properties and lifestyle attractions that are extremely favorable to a high standard of living. Spain offers hot and sunny weather for most of the year, unlike the UK. ShelterOffshore.com recently highlighted its high living standards, laidback lifestyle and relatively low cost of living. Spain is also easily accessible from the UK, thereby allowing expats to stay in touch with their friends and family back home.

This comes after that recent statistics from 'The Typically Spanish' website which revealed that the number of expatriates who now reside in Spain permanently has reached four million.

Friday, May 16, 2008

New research reveals Spain as Top Retirement Destination

The TypicallySpanish website revealed the official figures from the National Statistics Institute that more than 4 million expatriates now legally reside in the country full-time. According to the official statistics, nearly two-thirds of expats are based in Madrid, Valencia, Catalonia and Andalusia.

Spain - retirment destination

About four in ten people are said to come from countries in the European Union.
More than 2 lakh people from the UK are found now to be living in Spain. On the other hand, one in three expatriates is from Latin America, while a fifth of foreign residents are from Africa.

Recent study by Currencies Direct has showed that Spain is the most popular destination for Britons who want to retire to the sun. Mark O'Sullivan of Currencies Direct commented on Spain's popularity saying that the country has a lot to offer, including a plenty of expat communities.

The popularity of Spain as a retirement location is said to be largely because it offers several lifestyle attractions that are extremely favorable to a relaxing and pleasant retirement particularly it offers hot and sunny weather for most of the year, unlike the UK. Besides, it highlighted for its high living standards in relatively low cost of living and for its laidback lifestyle.
Analysts at ShelterOffshore.com has stated that Spain is also highly accessible from the UK, thereby allowing retirees to stay in easy reach of friends and family back home.

This comes after the recent research by NatWest which found that Spain is rated particularly highly by expatriates, with nearly nine out of ten respondents saying that they feel healthier after the relocation.

Wednesday, May 14, 2008

New Research Reveals Spain popular with UK investors

Recent study published by Globaledge.co.uk reveals that the Spain is continuing to attract British investors and holidaymakers and the most searched overseas property destinations by UK internet users despite ongoing economic concerns.

The data was taken from the Wordtracker UK database till 6th May and they studied the most popular 200,000 searches containing the word "property" till 6th May 2008. The research confirmed that the properties in Spain are the unbeatable favourite for British investors.

Properties in Spain are top of the list and it accounted for over 10% of total searches, and the list is sprinkled with several Spanish towns and coastal names. Obviously locations of Costa Blanca and Costa del Sol are the most popular regions; the attractiveness of the Canary Islands is also a most attention-grabbing finding of this research. There is significant search volume even at local level with Lanzarote, Tenerife, Caleta de Fuste all making the top 100.

This was said to be largely because Spain offers numerous lifestyle attractions that are highly conducive to a relaxing environment, hot and sunny weather for most of the year, unlike the UK, high living standards and the reasonable price of goods and services. ShelterOffshore.com has reported that Spain is famed for its laidback lifestyle and relatively low cost of living.

Tuesday, April 29, 2008

Property purchase in Spain is easier than UK

According to the data from Halifax society, Spain has witnessed the strongest gains in terms of property price increase percentages and the average value of a home has doubled. This is due to the consistent demand for property in Spain. A new research by SPC Overseas revealed that property purchase in Spain is easier than buying a house in the UK.

Property developer Lar Sol reports show that Britons purchasing a house on the Costa’s find it more comfortable than buying in the UK. Lar Sol international sales coordinator Katy Katani said that the exceptional demand for property outstrips supply and continues to propel Spain’s economy. The consistent demand for property in Spain, fresh supply of external demand annually and the great likelihood of property owners to reinvest their properties in Spain makes the residential real estate market more active.

Katy Katani further said that the several significant steps are taken by the government by introducing cuts in income tax and corporate tax, by planning to reduce the number of tax bands on Spanish property and to eradicate income taxes on mortgages. The real estate in Spain has remained upbeat despite European Central Bank increased interest rates in 2007.

She also confirmed that Britons like to buy from other Britons who have properties in Spain which make property purchase easier for Britons and that, as Spain has long been a favourite destination for holidaymakers, retirees and investors from the UK, they are creating a network of potential clients.

Recent survey by Clerical Medical Investment Group found that one in three Britons are planning a retirement abroad with the vast majority planning on relocating to Spain.

Saturday, April 26, 2008

Brits visiting Spain increases despite weak pound

Ignacio Vasallo of the Turespana Spanish Tourist Board has revealed that tourists in 2008 are likely to be comparable and possibly more than those in 2007. The fall of the pound against the euro did not have any impact in the number of British tourists in Spain.

Recent poll by MyChild.co.uk, Spain is the top destination for British families who are heading abroad this year. This is despite the fact that many consumers are experiencing financial constraints as a result of the credit crunch and weak pound.
Spanish holiday homes
In fact, majority of respondents said they are not going to be put off Spain holiday for the continuing economic crisis. Ignacio Vasallo further said that this is due to the fact that the regular economic growth for British consumers over the last decade, which means they have sufficient reserves to handle existing financial problems. The credit crunch won't dissuade them from going on holiday this year. As Denise Roberts of MyChild.co.uk has said that British Families are increasingly seeing the family holiday break as a requirement rather than a luxury.

Spain is currently considered to be the cheapest country in the Eurozone and according to the Post Office; the cost of general expenses is comparatively lower than in places like France and it is nearly 15% lower than that of France. Helen Warburton, of Post Office, observed that people will be looking to visit countries like Spain where a lower cost of living will offer them more for their pound.

Official government figures say the overall number of holidaymakers in Spain increased by 1.7 per cent to more than 59 million when compared to last year.

Saturday, April 5, 2008

Spain's family focused lifestyle attracts Britons

The number of Brits looking to buy property overseas has skyrocketed in recent years is because of the fact that Spain offers more family oriented lifestyle.

Paul Collins of BuyAssociation has said that people consider moving abroad are enticed by Spain because of its culture, lifestyle, valued properties, good accessibility, and potential capital growth. British who appreciate the laidback lifestyle of Spain end up purchasing properties in Spain.

British feel that Spanish community and lifestyle is easy to get into as they miss the family focused lifestyle in UK and they don't have to compromise on their standard of living. ‘The Sun’ has reported that many are choosing to leave the UK and live in Spain on a permanent basis.

The report from holiday rentals has revealed that Spain is hot favourite for Britons and showed that Spain accounted for 31 per cent of British having holiday homes in Europe and 28 per cent of all British-owned holiday homes worldwide.

Wednesday, February 27, 2008

Spanish Holiday Homes on the Rise

The shift to the "mixed use" trend in real property has caused Spain to grab the lead last year in the list of places for British nationals to acquire holiday homes. This is based on the information given out by HolidayLettings.co.uk.

Spain carries on as a lucrative area despite the bad press that it got in the recent years. This strong showing in the market may be attributed to the concept of acquisition of properties for purely investment purposes. The current trend of "mixed-use" simply means that the properties are leased during the months in which the owners are not in residence. This provides them with additional revenue. This arrangement is attractive to those who are on the look-out for long-term investment opportunities.

Last year, the amount of holiday homes listed by HolidayLettings.co.uk saw a thirty eight per cent increase. Furthermore, it was also noted that foreign tourist entry is a hundred per cent more compared with other countries thus proving that it still is a strong contender in the market. It is even believed that more than 70,000 of the visitors opted to stay at private holiday villas or houses in the third quarter last year.

Other factors for Spain's continuing popularity among British tourists and investors include the economical air transportation system plus the adequate number of flights to and from the different points of United Kingdom such as Liverpool and Bournemouth. Its proximity also counts as another reason in addition to its historical appeal and its fair weather.

Some of the popular destinations for holidays in the country include the Canary Islands and Balearics Islands. Yes indeed, Spain, remains a haven for investors.

Tuesday, February 26, 2008

Diverse Markets for British Investors

British nationals have been migrating to some other countries for some time. Some move to another for employment purposed while others prefer to spend their retirement years in a more leisurely manner. Different packages are presented to these migrants from UK. They are made to choose from two diverse lifestyles in Spain.

There are Britons who would rather mingle with countrymen and other English-speaking expats. Thus, a market has been prepared primarily to suit their needs. Properties for such like minded people are listed by real estate agencies in Spain and most of them are found in the coastal areas. Usually there are golf courses nearby which add to the attraction of these locations.

There also those who would like to experience the Spanish culture to the fullest and have immersed themselves in communities where most of the residents are local people. These communities are usually found farther away from the coast and provide first hand exposure as to how the Spanish people live their lives. British migrants are actual participants in the social dynamics of the place.

At present, one of the most highly recommended location for an investment in real property is the Province of Murcia in Spain. One of the main reasons why this location is deemed to be an "in" place for the acquisition of properties is the recently opened international airport. The other reason is that Murcia tops the real property market with an increase of 10.7% per year. This indicates that even if the prices are down in other parts of Spain, Murcia enjoys a steady increase in prices.

Friday, February 22, 2008

Moving to Spain - a wise decision for British Retirees

A lot of people work hard for the most part of their lives and the eventual retirement is something that one looks forward to as a time to just sit back and take things easy. In the case of United Kingdom, a big percentage of the retirees are moving out to a country with sunnier climate to live a less frantic life. Spain is an obvious choice for most of these retirees.

Spanish beach

Several factors have been identified as part of the reasons for this trek to Spain. The first is the fact that living in Spain affords the retirees the same quality of life that they enjoyed in their country of origin but at a much more affordable rate.

Another draw is the temperate climate. Retirees can bask on the warmth of the sunshine most part of the year. This is something that they cannot enjoy back in UK. Winter time in UK can be very cold but those who have moved to Spain will not have to contend with the chilly season.

The relatively short travel time between UK and Spain is another reason why British retirees decide to migrate to Spain. Visits to and from the two countries will prove to be more economical and time-efficient. The proximity makes it easier for family and friends to spend holidays with the retirees.

Moving to Spain is a wise decision in terms of investment opportunities and standard of living. These coupled with the good weather make Spain a veritable sanctuary for British retirees.

Monday, February 18, 2008

Why do British Move to Spain?

A large percentage of British nationals have expressed their desire to migrate to the beautiful and warm Spain. There are actually numerous people in Spain who have transferred from the United Kingdom. This migration trend can be attributed to several reasons.

The first reason is the proximity between the two countries. It will be easier to go back and forth if necessary. The travel will also be less costly which makes visits to and from family and friends more affordable.
Murcia Spain

The next reason is the strength of the British currency compared with that of Spain. This means that a paltry amount in UK will be considered substantial if converted to Spanish pesos. People living on a tight budget in UK will be more financially endowed in Spain.

Next is the rising house price. Real properties in UK are getting to be more costly thus the advent to Spain. The country has an abundance of properties up for sale. A wise choice will prove to be lucrative in a few years time. The prices of houses and other properties in Spain are steadily rising so an investment now will earn a tidy revenue in a few years time.

Real properties worth considering are those found in places where there are new development like in Murcia with the opening of its international airport. University towns are also good choices for it caters to the student sector who will lease the houses for a longer duration compared with seasonal holidaymakers.

The last reason are for employment purposes. Job posts are available for British expats who would like to explore a new working environment.