One-2-Property Spain

More than 1.2 million passengers jetted out to the country from Glasgow, Edinburgh and Aberdeen airports in 2008, their operator BAA Scotland said.

This was twice as many as the Netherlands, which was second, while Ireland was third.

France and Germany overtook the USA, rising to fourth and fifth.

Norway also entered the top 10 for the first time.

Four of Spain’s airports - Alicante, Malaga, Tenerife and Palma - were among the top 10 destinations flown to by Scottish travellers.

It seems that Spain is as popular now with Scots as it has ever been Donald Morrison BAA Scotland

The most popular single destination was Amsterdam, with 530,000 Scots travelling there.

The Dutch capital is a popular tourist city in its own right - but is also a major international hub for onward connections.

Dublin was the second most visited city, with Paris jumping from sixth place last year to third place this year, with its numbers being boosted by new services from Glasgow.

BAA Scotland spokesman Donald Morrison said: “It seems that Spain is as popular now with Scots as it has ever been, and with the top three most popular countries unchanged from last year, you could argue that we are becoming creatures of habit.

“However, with France and Germany knocking the US - traditionally one of our most popular tourist markets - into sixth place, and Norway entering the top ten for the first time, perhaps tastes are beginning to change.”

Newark airport in New York was the most popular long haul destination, followed by Dubai, Orlando Sanford and Toronto.

New services

The Egyptian resort of Sharm El Sheikh entered the top five for the first time, while New York’s JFK airport and the Caribbean resort of Puerto Plata made their first appearance in the top 10.

Airport operator BAA Scotland said it aimed to defy the credit crunch by increasing capacity in 2009, despite the economic slowdown which has seen worldwide airline cuts.

Almost half a million extra seats will be on sale from its three Scottish airports, with new services to Norway, Canada, the Caribbean and other destinations.

Mr Morrison said: “There is no doubt that 2008 was a challenging year for the airline industry in Scotland, and 2009 will be no less difficult.

“With demand falling, and airlines around the world reducing capacity, Scotland is not immune to the current economic decline.

“However, with almost half a million new seats on sale in 2009, we have shown that it is possible to attract new business, offering more choice for Scottish holidaymakers and boosting inbound tourism.”

One-2-Property Spain

Spain is one of Europe’s biggest holiday destinations with millions of visitors for the summer sun and winter snow. Spain’s open policy on foreign investment and the high growth rate in tourism makes the country worthwhile as an investment destination for foreign hotel chains. contact sales@12property.com +66807007900

We have hotel development sites from 2 to 15m Euro.

The Spanish government is to help the country’s tourism industry deal with the effects of the global financial crisis by supplying a cash injection worth some 400 million euros (500 million dollars), Deputy Prime Minister Maria Teresa Fernandez reported.

The aid packet is intended to help modernize the tourism industry and make Spain a more attractive tourist destination, local media reports said, particularly through interest-free loans for small and medium enterprises in the tourism sector.

Tourism accounts for some 11 per cent of Spain’s Gross National Product (GNP), and is an important pillar of the Spanish economy. In the first ten months of 2008 51.7 million foreign tourists visited the country, according to the tourism ministry, 1.4 per cent less than the corresponding period in 2007. A two-per-cent fall for the whole of 2008 over the previous year is expected.

One-2-Property Spain

Many people now decide to take Spain vacations, and it is because traveling to Spain can be a such an exciting and entertaining experience. There are so many great places to visit in Spain. Places like Costa Del Sol and Costa Blanca, and cities and towns such as Alicante, Valence, Grenade, Benidorm, Murcia, Seville, Madrid, and many, many other fabulous areas. With each offering a variety of sights, entertainment, and recreational attractions. When you choose to go to Spain for your vacation what awaits you is a marvelous experience of diverse entertainment with something for everyone in your party to enjoy.

When we’re looking to choose a vacation destination we usually want one that offers a fair amount of variety. Find a spot that has perfect weather, cultural attractions, beautiful natural surroundings, a wealth of history and culture and ivy tech online courses beaches, and you have found vacation Nirvana. Well, that’s exactly what get with a Spain vacation. Many people take their vacation in Spain for the following reasons.

There are so many resort areas to choose from. Areas such as Costa Blanca and Costa del Sol where you can visit towns such as Alicante, Valencia, and Murcia. Or you could choose a vacation in a city such as Granada, Seville or Madrid.

There is no end to the choice of Spanish destinations that will offer any vacationer a wonderful combination of entertainment and relaxation. If you travel with a family or a group, there is sure to be something for everyone.

With all these areas to choose from, with each offer it’s own unique type of experience, you’re sure to find a spot that’s perfect for your vacation.

Certainly, everyone has their own idea of a perfect vacation, and Spain seems to cover them all. For the history or culture buff, the towns and cities of Spain offer historical monuments, fascinating museums and beautiful architecture. In each town, large or small, you’ll find cultural events and celebrations all year long. Enabling you to soak up the culture ivy tech online courses learn a lot about this fascinating country. If your idea of a perfect vacation is to be on a beach and not to do anything, Spain is your kind of place. There are miles and miles of beaches with beautiful water under an almost continually sunny sky guarantees perfection for this kind of vacationer. The more active types will appreciated the many sports activities, the night life and the great entertainment. Spain truly does have something for everyone.

There are many Spain Vacation deals available to those that look for them. You can have a marvelous vacation without spending a fortune in this ideal place. Excellent deals can be found on the airfare, hotel accommodations, online phd programs rentals and other items. You’ll even find some package deals that put the whole thing together for you at a great price, and save you all the hassle of figuring everything out, while still saving you money.

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Marbella Villa

Country style villa perched on the quiet hillsides boasting uninterrupted panoramic view to the sea. Gibraltar and African coastline, yet enjoying good road connections and very close to Marbella centre and traditional village of Ojén. Nestling in the dramatic country side of Marbella.

This charming 4-level home is enhanced by numerous terraces and picture windows to take advantage of the coastal view from this elevated position. The inviting entrance hall equipped with guest toilet, welcomes guests into this lovely home.

 The ample drawing room has a fireplace and large windows capturing the property’s privileged views. The eat-in kitchen with beamed ceiling is superbly designed with white cabinetry, granite counters and Smeg appliances. The master bedroom with fireplace, wood beamed vaulted ceiling, open terrace and small balcony occupies the entire upper level. It also feature a bathroom en-suite with Jacuzzi and huge shower, marble walls, there are six further guest bedrooms and two additional sitting rooms, kitchen, laundry, guest W.C., Finnish sauna, wine cellar, and storeroom.

The property is gated and offers total privacy, pool with preinstallation heating, terracotta flooring, aged marble, antique doors, alarm system, oil fiered central heating, water tank, two S.T. double glazed windows with mosquito nets, 2-car garage and driveway.

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Sales@12property.com

One-2-Property Spain

Luxury Apartment in the famous Puerto Banus, South Facing, Mediterranean Views,Totally refurbished inclusive modern open plan kitchen, possibility of garage, Built 98 m², 2 Beds, 2 Baths, 1 Guest Toilet. Under E400 000. email sales@12property.com for more information.

Puerto Banus is situated between Marbella and San Pedro  and is home to some of the most impressive yachts in the world. There is a wide array of bars, restaurants and designer shops along the water-front at Muelle Rivera. As far as restaurants in Puerto Banus are concerned, you will find that dinner in Puerto Banus, though expensive, becomes a pleasure for the senses, as you will find the best restaurants and the finest kitchen here.

Puerto Banus nightlife is well known among celebrities, and there are countless clubs and pubs. In the summer months, the whole place rocks ’till daybreak’ but expect to pay for it. There are hotels in Puerto Banus of all grades are plentiful but it will be cheaper for you to stay outside Puerto Banus. If you like discotheques and ending up dancing until high hours of the dawn we suggest the well-known discos La Notte, Olivia Valere, and Oh! Marbella, but if you prefer a more youthful atmosphere try Dreamer’s.

Puerto Jose Banus was inaugurated in May of 1970. It has a capacity for 915 docking posts for berths ranging from 8 to 50m, and two beaches on either side over 150m long. Puerto Banus in Marbella is one of the meeting points where there is a pleasant level of life. The port has a fuel reserve open 24 hours a day, every day, with direct supply to large yachts on the main pier. There is 24 hour surveillance with centralized alarm for boats (optional) and closed circuit TV. Average daily yacht occupancy of the port is 760-800.

Many illustrious visitors have passed through it, including the King and Queen of Spain and Belgium, General Franco, Nobel Prize winner Camilo Jose Cela, and Antonio Banderas among others. Puerto Banus’ yearly visitors are estimated at over 4,400,000. There are nine 18-hole golf courses and one 9-hole golf course within a 10km radius with lighting facilities for playing at night. Some of these are considered to be the best in Europe. There is a street market every Saturday morning by the bullring.

One-2-Property Spain

Recent events in the Spanish property market have not altered the country’s status as a favourite destination for UK-based property buyers, it has been claimed.

Developer Casas de Lorca told nubricks.com this week that the Spanish property market still enjoys several “strong pull factors” for British people looking to invest in a home overseas.

These factors include the warm climate, laidback lifestyle and comparatively low cost of living found in many parts of Spain.

According to the development company, Spain has also begun to benefit from the shift away from emerging markets brought about by the economic downturn.

Increased financial uncertainty means that many people are “less sure of the more untried and untested destinations”, making traditional overseas property destinations such as Spain a popular choice.

Spain also continues to perform strongly in the retirement market due to the good reputation of healthcare services in the country.

Homes Overseas magazine recently stated that Spain’s popularity as an investment destination has endured because of the “classic identity” of its locations.

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One-2-Property Spain

Spain’s super-rich will emerge as the key investors in its troubled property sector next year and would do well to take up positions in the office market, the head of consultants Cushman & Wakefield said on Monday. Roger Cooke, Cushman’s managing partner in Spain, said traditional investors like German property funds had the money but not the ability to open new funds in Spain, while private equity buyers were still waiting on the sidelines to swoop on distressed assets. “I expect that in the early part of next year, Spanish private families will be the strongest investors in the market,” he told Reuters in an interview in Madrid. Spain’s richest individuals, such as Amancio Ortega, the owner of Inditex (ITX.MC: Quote, Profile, Research, Stock Buzz), famous for its Zara fashion chain, have long targeted the property market and have a tradition of more hands-on involvement than others in Europe, who pass investment decisions to fund managers. “They’ve got the money, yields have adjusted, they are not looking for really distressed levels of pricing, so there’s more on offer,” said Cooke. Investment in smaller lots of up to 50 million euros would be the trend next year, as they are easier to finance and match the buying power of family firms. Cooke added that office space was probably the best defensive bet in the downturn. “I suspect the office market will begin to return before the retail market. We haven’t seen the last of retail sales problems, and the office market (in Madrid and Barcelona) is not oversupplied like it has been in previous cycles,” he said, adding that office leases had fallen by 35 to 45 percent this year. “I think the first half of 2011 will be quite an interesting time to be delivering a building.” Retailers’ hesitancy to occupy new units and tenants pushing for rent cuts as consumer sales weaken, put pressure on shopping centre investments, he said.

Spain’s 10-year residential property boom was snuffed out this year by massive oversupply, rising interest rates and the credit crunch, while the commercial business caught the same cold sweeping global property markets.

“There is a complete lack of confidence, and that applies across the board, whether it be residential, development, occupational. The whole Spanish market is very uncertain.” The sector racked up billions of euros of debt in a wave of ambitious expansion, and Cooke said funding that debt while revenues shrivelled had turned almost every Spanish property firm into a stressed, though not distressed, seller of assets.

“Pretty much all have an interest in a sensible sale of assets. We are talking, quite literally, of survival in many cases.”

However, the market would not degenerate into a fire sale because banks would seek to avoid loading their balance sheets with toxic debt, he said.

“The banks are not letting them sell at any price. If you get to a situation where the banks push too far, and they don’t survive, is anything served by that?

“Whether we see more distressed sales next year all depends on the attitude of banks, regulators and even politicians.”

One-2-Property Spain

The Spanish property market reached a peak in pricing terms exactly a year ago, according to Spanish Property Insight, and since then it has seen a radical shift in its fortunes.  The property bubble has burst, fraudulent activity has been identified, builders have gone bankrupt and prices have crashed.

The changes in the market have been so dramatic in just twelve months that we have decided the time is right for a Spanish property market update now in December 2008.  In this article we will therefore look back at the previous year, comment on the state of the market currently, and give you the expert market opinions for 2009.

If you own property in Spain or have long dreamed of either investing in a house in Spain or perhaps moving to live, work or retire to Spain, then this information will be important for you.

According to Spanish Property Insight, property prices in much of Spain reached their dizzying and loftiest heights last December.  This was already in defiance of growing sentiment relating to an over supply of real estate, particularly in coastal areas, however prices were kept healthy until this point by on going demand for city and town based property.  And then the mood in Spain changed.

There were many contributory factors to the decline of the Spanish property market’s fortunes.  A strong euro against a weak pound frightened some British buyers away, as concerns then grew in Great Britain about the health of the UK economy and housing market this stopped greater numbers of people even thinking about buying a home abroad, let alone committing to a house purchase in Spain.  The Spanish economy faltered, and then to undermine everything even further, word broke about potential Spanish land fraud and builders facing bankruptcy.  It suddenly seemed that the intensive period of construction in Spain had produced a massive oversupply and glut of homes that no one now wanted or was able to purchase.

Almost overnight the Spanish property market’s fortunes changed.  Today we find the market having returned to the median prices of May/June 2006 and falling, with average prices on the coast more savagely hit falling up to 12.8% in just 11 months.  Meanwhile between 600,000 and 1 million new homes sit empty and unsold and property transactions in Spain are down by 70%.  Spanish property investment company Fortuna Estates is being investigated for land fraud with arrests already having been made, and the likes of Compañía Inmobiliaria Masdevallia and Martinsa Fadesa are in administration as they cannot afford to carry on building.  This has left thousands of investors and home buyers from the likes of the UK and Ireland out of pocket and facing law suits and legal battles to either get their hands on the houses they have bought, or get their money back.

Naturally all of this has almost entirely soured the appeal of Spanish property, and nowadays even leading property consultants are advising that Spanish property prices need to fall by up to a further 23% to bring any affordability and interest back to the market.  Fortunately construction rates have fallen in Spain which will ease the backlog of homes to be sold, but this has a knock on effect with the chairman of the Promoters Association of Madrid predicting that up to 900,000 Spanish workers related to the property industry will lose their jobs as a result of the downturn in 2009.

So, 2009 is highly likely to be as bleak as 2008 as more companies go to the wall, staff lose their jobs and buyers remain conspicuous by their absence.  This will likely force values down as anyone seeking a buyer will have to fight very hard to get their attention.  This means that if you’re attempting to sell a property in Spain you will potentially be very hard hit.  However, if you own property in Spain and do not need or want to sell it, you needn’t overly concern yourself as long as you can afford to sit on your asset and wait out this negative period until the market returns to health in the medium term.  Additionally, if you’re looking to buy property in Spain or you want to move to live, work or retire to Spain you could find that in 2009 your position improves considerably.  As prices fall and buyers and developers become more desperate, so you will be able to secure a property bargain.  Plus, if you’re in no hurry to purchase you could always rent in Spain while you watch the market and feel for the bottom of this terrible pricing trough!

You see, there are winners and losers in a situation like this.  The losing side is obvious, but we should not overlook those who will be able to use this downturn to their best advantage and afford to buy a home in Spain that they may otherwise not have been able to buy if prices had continued spiralling upwards!

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