Rising airport charges could cost Spain and Tenerife’s tourism

Rising airport charges could damage tourism in Tenerife, the Canary Islands and Spain

Rising airport charges could cost Spain 2.87 million tourists, industry figures have warned. The Alliance for Tourism Excellence, Exceltur, labelled the increase in charges as “disproportionate” following their announcement in the State Budget for 2012. The fees, announced this month, could cost the country 2.87 million visitors, the association warned. The reduction in visitor numbers could amount to €1.64 million each year. The new rates, which are expected to be incorporated into ticket prices, have sparked fears that airlines will turn to other beach holiday destinations as a cheaper alternative to Spain, a move that could have serious implications for Spain, a country which relies upon tourism as a major form of income in a post recession climate. Airports expected to be most affected include Barcelona El Prat, which could lose 1.16 million tourists, Madrid Barajas, with 945,115 fewer visitors, and Palma de Mallorca, which could see tourist numbers reduce by 268,567.

Source: Kyero.com

Opportunities to purchase properties at low prices in Tenerife and Spain

Property bargains available in Spain, Tenerife and the islands

During the last three decades, hundreds of thousands of Britons have purchased property in Spain. Nonetheless, a surplus of villas and apartments has spawned due to mortgage defaults from British buyers. By noting the declining property prices during the month of June, according to valuation and consulting firm Tinsa’s latest General IMIE (Spanish Property Market Index) report, one can see the opportunity to purchase Spanish property at a low price. This is why British investors are continuing to invest in the Spanish real estate market.

Along the Mediterranean coast, the Balearic and Canary Island archipelagos are amongst the most popular tourist and investment attractions in Spain. The Balearic Islands feature Mallorca, Menorca, Ibiza, and Formentera. With its Opera House, Mallorca offers a stately and elegant experience, while King Juan Carlos’ castle sits in Palma. Menorca offers a drier climate than the aforementioned Mallorca, in addition to cool breezes. Menorca has also garnered fame for its production of leather goods and gin. Ibiza has recently improved its reputation from years past, and Formentera offers an intimate and secluded getaway.

The Mediterranean Coast offers numerous overseas investment opportunities.

From the bright lights of Benidorm to the opulence of Moraira and the resorts towns of Javea and Denia, the Costa Blanca offers a smorgasbord of options. The Costa Blanca is serviced by Alicante airport, now supplemented by inexpensive flights to Valencia on the northern Costa. This enhances tourists and property buyers’ access to the Spanish region during the year. The Costa features the Mediterranean highway, which runs alongside the coast for virtually the entire length of the Costa Blanca, enabling easy travel.

Tenerife and the Canary islands, firm favourites over the years with the British has property available at prices not heard of during the last five years. Maybe this is the time to bag that bargain?

Golf in Spain at a reasonable price?

Cheaper golf in Spain and Tenerife?

Golf has always been perceived as an elitist sport and the properties that surround the fairways often have inflated price tags to match – but not at Camposol Golf. At this established 18-hole course in Murcia, completed key-ready two bedroom homes are available for just 50,000 euros, that’s less than 43,000 pounds. Surely this is Europe’s cheapest golf resort?

Chris Mercer, Director of Murcia-based estate agents, Mercers, which has been on the ground in Camposol for 14 years, comments, “When I tell people that they can buy a two bedroom home with roof terrace for 50,000 euros or a detached villa with swimming pool for 125,000 euros, they are genuinely astonished. These are neither brand new nor off-plan, there is no waiting period or additional list of costly extras from swimming pools to air-conditioning, landscaping to furniture. Instead these properties are in an established golfing community with a vast range of on-site amenities at your disposal. Folk should literally be queuing up.”

Golf course and friendly Clubhouse aside, the Camposol community is divided into four geographical sectors with various commercial centres hosting all kinds of bars, pubs, restaurants and takeaways as well as a full-size household name supermarket and petrol station. There is a health centre, post office, hair and beauty salons and, a real jewel in the Camposol crown, a chic four star Spa Hotel.

Chris continues, “Based on price and what you get for your money alone, Camposol Golf is unbeatable. Even better, the current climate dictates that people are buying at the bottom of the market so not only will they pick up a bargain but also reap the rewards of capital appreciation when the market picks up.

“And ‘pick up’ it will as we are literally ten minutes’ drive from the freshly announced Paramount Pictures-branded Theme Park predicted to attract up to three million tourists each year. This will certainly have a ‘Disney effect’ for property prices in the catchment area. And, for those cautious of Spanish property fearing its legal status, be reassured that Camposol Golf is clean and you will get full title deed as well as banks happy to offer mortgages.”

Surrounded by the imposing mountains of the Sierra Espuña National Park and beautiful underdeveloped Spanish countryside, the coast is just 15 minutes away with mouthwatering seafood restaurants, sheltered Blue Flag sandy beaches, attractive marinas and some stunning rocky coves tumbling into turquoise waters. Alicante International Airport is just over an hour to the north whilst even closer San Javier/Murcia Airport is only 35 minutes away. A third brand new airport at Corvera is in the final throes of construction with an opening date penciled in for summer 2011.

Hopefully, the next project will be in Tenerife as golf is getting expensive on the island and healthy competition would no doubt improve  the pricing situation greatly.

Source: Mercers

Waldorf Astoria Hotels and Resorts opening in Spain

The Waldorf Astoria opening in Spain is another indication of a rise in tourism within the country and its islands

Just after last week’s announcement of Waldorf Astoria Ras Al Khaimah, Waldorf Astoria Hotels & Resorts has announced it will open in Spain this summer.

The Waldorf Astoria Sevilla at La Boticaria will be the brand’s fifth property to open in Europe. This property was previously the Hacienda La Boticaria.

The Waldorf Astoria Sevilla at La Boticaria will have 133 guest rooms and suites and one of Europe’s largest hotel spa facilities. The property is on 40 acres of land that includes an on-site equestrian center with 16 thoroughbred Spanish horses and a driving range for golf enthusiasts close to the Real Club de Golf de Sevilla.

The hotel is located in Alcala de Guadaira, around 20 minutes from both Sevilla city centre and San Pablo airport, plus only a couple of hours drive from the gorgeous Costa del Sol. The hacienda contains six different private courtyard gardens of Andalucian, Egyptian and Arabian style where guests can relax in peaceful tranquility.  

This is a further example of tourism improving in Spain and its islands which is good news for the property sector too.

Source: Luxist.com

Weather in Europe poor? Follow the sun to Tenerife!

Why freeze in Europe if you can afford a trip to sunny Tenerife?

Heavy snowfalls forced some of Europe’s busiest airports to close and wreaked havoc on roads and railways as an unseasonable cold snap swept the continent, claiming at least 15 lives. Temperatures dropped to as low as minus 18 degrees Celsius in some parts of Germany, while driving rain in Italy triggered the collapse of two Roman walls in Pompeii and flooding in Venice.

Thirteen people died of exposure in central Europe, including eight in Poland. Most were under the influence of alcohol, according to police.

Two people died in England in accidents blamed on the weather, one in a motorcycle crash and the other after falling into a freezing lake.

Albania meanwhile proclaimed a state of natural disaster in the north due to heavy floods, and more than 200 people were evacuated from the region near Shkodra as hundreds of houses filled with water.

Transport chaos hit the whole of the continent as the snow spread, and Britain – shivering in the earliest widespread snowfalls of winter since 1993 – was one of the countries worst affected.

London’s Gatwick Airport, Europe’s eighth busiest passenger air hub, will be shut until at least 0600 GMT on Thursday as staff worked to clear the runways.

A Qantas spokesman said none of their flights had been delayed. He said the airline operates out of London Heathrow Airport and Germany’s Frankfurt Airport, both of which have not closed.

Edinburgh Airport, Scotland’s busiest, was shut and delays were reported at airports in Glasgow and Aberdeen in Scotland, Newcastle in northeast England and Jersey in the Channel Islands.

British forecasters said Wednesday had been the coldest December 1 on record, with no hope of a let-up in the coming days.

British insurer RSA warned that bad weather in the run up to Christmas would have a major impact on the economy and could lead to significant losses for struggling businesses.

“This cold front couldn’t come at a worse time for the UK,” said David Greaves, director of RSA.

“If we lose just one fifth of our daily GDP through companies not being able to open and people cancelling spending plans on events and shopping, we’re looking at about £1.2 billion every working day,” he said.

Oil giant BP said the weather had “severely impacted” its deliveries to more than 100 petrol stations across Scotland and that it would only carry out safe and essential deliveries from its Grangemouth terminal near Edinburgh.

Police in the southern countries of Kent and Surrey advised motorists not to travel unless their journey was absolutely essential, with severe delays reported on the M25 London orbital motorway which passes through the counties.

Britain, which last year shivered through its coldest winter in 30 years, has not seen such widespread early snowfall since 1993.

Heavy snowfall also forced the closure of Geneva International Airport where 100 stranded passengers had to spend the night in the terminal. Two hundred others were sheltered by the civil protection unit as hotels were fully booked.

Switzerland’s Basel Airport shut its runway in order to clear off the 10cms of snow that accumulated in just over two hours. The country’s biggest airport Zurich was still operating, although 70 flights had been cancelled due to bad weather conditions in other airports.

At Germany’s Frankfurt airport, Europe’s third busiest, 153 flights were cancelled, all due to flights not arriving from elsewhere.

And 250 flights were cancelled at Munich airport, nearly a quarter of the daily total, mostly due to snow preventing take-offs.

In the Paris area, French aviation authorities asked airlines to cancel 25 per cent of their flights at Roissy airport and 10 per cent at Orly because of expected snowfalls. But there were no flight cancellations Wednesday

Snow and freezing temperatures however forced authorities to cancel 116 flights from Lyon Airport.

Trains were also hit, including the Eurostar, which operates high-speed passenger trains linking London with Paris and Brussels. Speed restrictions were imposed and led to delays of up to 90 minutes and some cancellations.

There were widespread problems on the roads across Europe, including in France where 17,200 trucks had to abandon their journeys nationwide.

There were serious accidents reported on the main road between Prague and the eastern Czech city of Brno.

In Italy snowfalls disrupted traffic in city centres and on motorways in the northern Lombardy and Piedmont regions, and in Spain school transport services were disrupted by heavy snow in northern and central regions.

Snowdrifts and fallen trees also caused traffic problems in Germany.

Bild newspaper said it was the coldest December 1 in several hundred years, with temperatures as low as minus 18C in some places.

Eight people have died of exposure in Poland, three in the Czech Republic and two in Lithuania, officials said on Wednesday.

In Italy two ancient Roman walls fell down in the archaeological site of Pompeii due to persistent heavy rains that wore away the ancient mortar between the stones.

With all this bad weather, why not  get on a plane to the warmth of Tenerife and the Canarian sun?

How to avoid foreign exchange pitfalls.

Avoid fees when exchanging money in Tenerife, Spain or the Canary Islands

Avoid fees when exchanging money in Tenerife, Spain or the Canary Islands

Families going abroad this summer are being warned that they could lose hundreds of pounds exchanging their money at the airport bureau de change.

Currency prices can be up to 9% more expensive at Gatwick, Heathrow and Stansted compared with other foreign exchange outlets, a survey has revealed. This means a family changing £1000 for a European holiday are £104 worse off buying euros at the last minute, rather than ordering in advance from a specialist firm which can find the best available rate. The company surveyed exchange rates for euros and dollars at bureaux de change at Gatwick, Heathrow and Stansted airports and also checked high street deals on offer at the Post Office and Marks & Spencer.

Over 14 million Britons went on holiday abroad between July and September 2009. If half of these travellers exchanged just £500 spending money at an airport bureau de change before going on holiday to Europe, they could be saying goodbye to £493 million pounds.

Specialist providers apart, the best exchange rate for buying euros was at The Post Office Phil McHugh, senior foreign exchange dealer said: “Our survey highlights the big difference in currency exchange rates offered between the high street, airport bureaux de change and specialist providers.

“People often plan their foreign holidays well in advance, shop around for the best deals and book early to save money, yet they seem to leave their common sense at the airport drop off when it comes to changing holiday cash.

“Travellers should take a few minutes to check exchange rates online or over the phone in advance of their holiday and arrange with a foreign exchange specialist for their money to be delivered to their home or work, saving themselves time, hassle and cash in the process.”

Tips for those coming to Tenerife regarding currency exchange include,  think ahead about your currency needs and avoid changing your money at bureaux de change, particularly at airports. Shop around for the best rate – don’t just automatically go to your bank or post office. Specialist providers can offer much better deals. Beware of hidden charges and high commission rates. A good headline rate does not necessarly mean the best value for money.  Avoid poor exchange rates by taking travellers cheques or currency cards with you instead of using credit or debit cards for large purchases. Travellers cheques or currency cards can also help avoid the hefty fees banks and credit card companies charge for using ATMs overseas.