Retired Brits are releasing equity from their homes at levels not seen since before the 2008 financial crash, signalling confidence in the UK property market and bringing potential knock-on benefits for overseas property markets. Richard Way, Editor at The Overseas Guides Company said: “According to the Equity Release Council, the over-55s in the UK borrowed […]
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Could UK equity fuel the next overseas property boom?
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Sun-drenched Spain steals number 3 spot in latest world tourism rankings
Spain announced earlier this week that it had retaken the number three spot in world tourism in 2013, overtaking China by welcoming a record 60.6 million international visitors. The sun drenched Mediterranean country now only stands behind France with 83 million international tourist arrivals and the United States with 67 million according to the World […]
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Well baked in Spanish sun
Record numbers of foreign tourists poured into Spain in 2013 to bake on sunny beaches but a new challenge lies ahead: luring them to holiday spots inland. An unprecedented 60.4 million foreign tourists came to Spain last year, spending an estimated 45.1 billion euros (US$61 billion), according to industry association Exceltur. The visitors came mostly […]
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Norwegian starts Turku-Alicante flights
Flights from Turku to Alicante start this week, operated by Norwegian airlines. The connection is operating as a trial, initially until August 2014. Turku airport lost a number of connections when Ryanair announced it would leave the south-western city. Now it plans a comeback with Norwegian, which will fly to Alicante and back once a […]
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Costa Blanca’s a top Nordic choice
THE Costa Blanca is the top destination for Nordic visitors on mainland Spain. Between January and August this year 435,087 visitors from Nordic countries moved through Alicante-Elche airport with around 32,000 citizens from Denmark, Norway, Finland and Sweden now regularly working in the province. Last year these tourists spent around €600 million. Only the Canary […]
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Flights to Spain in demand from Manchester Airport
Manchester Airport is seeing huge demand for flights to Spain as the destination is Mancunians favourite, according to a study. Foreign exchange specialist Travelex carried out a survey, which found over a quarter (27%) chose the Mediterranean country as their favourite. Travelex says Mancunians picked the southern region of Costa del Sol as their preferred […]
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Holiday flights to Alicante and Majorca to return
FLIGHTS from Humberside Airport to Alicante and Majorca will return next year after a successful first summer. Operator jet Xtra.com has confirmed it will run the flights again from the airport. Departures from Humberside to the two sunshine destinations took off weekly from May to September. Daniel Reilly, founder of jet Xtra.com said: “It has […]
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Alicante expands light rail network
THE light rail network in Alicante became Spain’s largest on September 4 with the official opening of the city’s fourth line, which links the city centre with the university and the nearby town of San Vicente del Raspeig. Line 2 services share tracks with the three existing lines (1, 3 and 4) on the 1.6 […]
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Scandinavian property buyers choose Costa del Sol & Mallorca over Costa Blanca according to Taylor Wimpey España
Historically the Costa Blanca was the preferred place to purchase Spanish property at a bargain price but the tides have now changed and both the glamorous Costa del Sol and Mallorca are attracting not just the traditional British and German buyers but savvy Scandinavians looking for that dream home in the Spanish sun. Indeed, Spanish […]
