INTEREST IN PORTUGUESE PROPERTY ON THE UP
According to currency specialist HiFX, enquiries from British people buying property in Portugal have more than doubled since March 2006.
On this basis, Mark Bodega, marketing director for HiFX, said that Portugal is "in the first tier" of destinations that British property buyers regularly choose for investment. Portugal has a stable economy and strong rental sector due to the small army of Brits that holiday in the Algarve each year.
The Algarve region on Portugal's south coast has continued to prove particularly popular among British holidaymakers.
SPANISH ALGARVE PROPERTIES
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VILAMOURA TOWNHOUSES
Mediterranean style luxury 2 & 3 bedroom townhouses with spacious terraces, gardens, swimming pools and superb promenades. 2 bed townhousesfrom £136,500 / €199,280 + VAT
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ISLA CANELA APARTMENTS
A magnificent development of beachfront apartments and penthouses in the most prestigious location at Isla Canela, surrounded by beautiful landscaped gardens and parkland. Also within this luxury private development are communal swimming pools, and two tennis courts. |
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SPANISH CAPITAL GAINS TAX CUT
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The 500,000 Britons who own property in Spain can continue to celebrate this New Year thanks to changes in Capital Gains Tax (CGT) legislation for non-residents.
Morocco Properties
MOROCCO ATTRACTS BRITISH PROPERTY BUYERS
The last five years have seen a considerable rise in the number of foreigners buying in Morocco. The market is focused on second home buyers, but there is strong rental occupancy and the country is starting to appeal to those interested in Morocco's investment potential. The country's low property costs lure British property seekers – on average property prices in Morocco are around 50 per cent less than in Europe's most popular resorts. It's not only the country's flight availability that's improving. The Moroccan government is dedicated to improving its infrastructure and tourism facilities – tourism has already grown by 18 per cent over the last year. Morocco has a free market economy that has grown by 4 per cent a year since 1983, and inflation rates have been held to the levels of industrialised countries. The long-term prospects for Morocco's real estate market are very positive. This is an ideal opportunity for investors to purchase in this up-and-coming area whose accessibility and popularity is growing fast. A huge range of developments are currently in the pipeline, providing ample investment opportunities.
Fantastic new beach front development on Morocco’s beautiful Golden Mile, 20 km from Tetouan and 50 km from Tangier. On the 550,000 m2 development, there will be a commercial and leisure centre, tourist areas, a hotel, and there is a new golf course adjacent to the resort. Most properties will have fantastic sea views.
Apartments and Villas from £48,000 / €70,000 inc VAT
Outstanding villas located on the exclusive Saidia Beach & Golf resort. This island plot is surrounded by one of three golf courses and every property will have wonderful views. There are four different villa designs in traditional Moroccan styles. Private pools & terrace with optional Jacuzzi or built in BBQ.
Properties from £180,000 / €262,000 inc VAT
LOW COST FLIGHTS – PRICES SLASHED
Morocco has become the latest destination for the low-cost airlines' price war, with fares slashed from the £200 mark to start from just £17 one- way. Ryanair has announced the launch of two new Moroccan routes this winter -- Fez and Marrakesh from London Luton -- with prices starting from just £17 one way. The pre-tax fare is just £1.44 in either direction and are available for travel from 31 October.
Thomsonfly has quickly reacted to announce it would now be selling its new Luton-Morocco route (also launching in winter) from just £19.99 one way (pre-tax is £1.49), starting in November. Meanwhile, easyJet is now into its third week of its route to Marrakesh from London and is currently the only UK low-cost carrier offering pre-winter flights to the Moroccan hot spot. Flights start from £22.99 for the winter period.
MARRAKECH APARTMENT
Spacious apartment located on Hivernage, a few minutes from the Victor Hugo Lycee. 4 beds, 2 bath & 3 toilets, master bedroom with en-suite and balcony. 220m2 living space, 2 terraces and 1 large underground parking space.
Price £166,500 / €243,000
LES GRANDES VILLAS
Completely individual luxury villas, only 25 available with massive usable areas from 350 to 537 m² and enormous plots from 945 to 1,584 m². Availability strictly limited, sold on first come, first serve basis.
From £404,000 / €599,000
MARRAKECH APARTMENT
Charming 2 bed apartment in the centre of town, Gueliz, Marrakech. 82 m2 living space, entirely decorated, air-conditioned, furnished and equipped with very good taste. Very luminous and pleasant to live. Small balcony.
Price £90,000 / €131,000
RT – 2 APARTMENTS
Magnificent 2 &3 bed apartments and penthouses on the Saidia resort, within walking distance to the harbour, beach and shopping centres. All properties have beautiful views to the golf course, lake, beach and sea.
From £120,000 / €176,500
MOROCCO ATTRACTS BRITISH PROPERTY BUYERS
The last five years have seen a considerable rise in the number of foreigners buying in Morocco. The market is focused on second home buyers, but there is strong rental occupancy and the country is starting to appeal to those interested in Morocco's investment potential. The country's low property costs lure British property seekers – on average property prices in Morocco are around 50 per cent less than in Europe's most popular resorts. It's not only the country's flight availability that's improving. The Moroccan government is dedicated to improving its infrastructure and tourism facilities – tourism has already grown by 18 per cent over the last year. Morocco has a free market economy that has grown by 4 per cent a year since 1983, and inflation rates have been held to the levels of industrialised countries. The long-term prospects for Morocco's real estate market are very positive. This is an ideal opportunity for investors to purchase in this up-and-coming area whose accessibility and popularity is growing fast. A huge range of developments are currently in the pipeline, providing ample investment opportunities.
Spanish Properties
ALGARVE TOURISM ON THE INCREASE
The Algarve Tourism Board (RTA) has predicted good news for the region’s coffers this summer (especially the owners of rental property on the Algarve), with its official estimate for the forthcoming season showing an expected increase of approximately four per cent in tourist activity from the UK, Ireland and Germany, the Algarve’s three largest foreign markets.
According to RTA figures, Faro airport saw an increase of 7.8 per cent in the number of arrivals, translating into around one million arrivals in total, for the first four months of the year. The RTA predicts an increase over the summer of around 3.5 per cent. The largest increase in terms of country of origin has been found in the Dutch sector, where several factors led by the launch of a multi-million-pound advertising campaign in Holland have resulted in a 25 per cent increase in the number of Dutch citizens arriving in the Algarve. The number of Germans visiting the region is also on the up, according to the Algarve Tourism Board.
RESIDENCIAL GUADIANA
Relax and enjoy the magnificent views over the Guadiana River from the terrace of your new home. Outstanding 2 & 3 bedroom apartments right in the centre of Ayamonte and 10 minutes from the beach.
COTO DOÑANA FINCA
Lovely finca with approx. 200m² living space, 5 bedrooms and 2 bathrooms, and fully fitted kitchen. Approx. 4,000m² plot with private pool and fruit trees. Excellent location, near to the nature reserve park Coto Donana, 20 min from beach from and golf.
Price £212,000 / €309,000
LOS ALMENDROS VILLAS
The community comprises just 16, exceptional, 4 & 5 bed, 3 bath villas that benefit large terraces and verandas with stunning, south-facing views across the country-side towards the coast -line. Located at walking distance from the centre of Ayamonte.
From £304,500 / €444,500
RIVERSIDE TOWNHOUSES
Located on a hillside along the banks of the Guadiana River in the lovely town of Ayamonte, every townhouse in this traditional development is built to have stunning, unobstructed views towards the river. All properties have a westerly orientation that allows buyers to enjoy beautiful sunsets daily.
2, 3 & 4 bed properties from £186,800 / €272,700
LUXURY GOLF APARTMENTS
Situated on the magnificent Costa Esuri Andalucian Village, these luxury off plan 1, 2 & 3 bed, apartments and penthouses will be finished to a higher specification than anything we have previously seen on the Costa de la Luz. Excellent investment potential. An opportunity too good to miss.
Properties from £124,500 / €180,000 + VAT
DESIGN YOUR OWN VILLA
We have a dedicated team of specialists in Ayamonte that provide a fully comprehensive service including: design and build, architectural and engineering design services, project management and construction services. Contact us for details.
PLAYING AROUND ON THE COSTA DE LA LUZ
In the western Huelva Province, there are half a dozen golf courses alone - with three more due to open this year and another four in the pipeline. According to the Golf Federation of Andalucia, it’s is the fastest growing golf tourist destination in the region. Costa de la Luz, the ‘undiscovered costa’, has been growing steadily and tastefully into what is now a well-rounded second home and tourist hotspot. Golf course, residential property and hotels have all grown, along with interest in the area. At the ambitious Costa Esuri resort, the largest golf property development in Spain, after just 2 years, more than 1,000 homes are now ready for occupation and the two championship standard 18-hole golf courses are starting to take shape. The majority of development infrastructure is now in place, from roads to children’s play areas, and the developers are now investing heavily in scaping, planting hundreds of trees and plants around the site. Western Costa de la Luz has catapulted from a seasonal tourist spot to a year-round resort full of interest and action, suitable for permanent or semi-permanent living - without having tarnished its natural beauty.