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Tuesday, 3 June 2008

Fuerteventura Holiday Market Analysis

1. Self Catering Holidays Are Now More Popular Than All-in Packages:

Low air fares to most holiday resorts and a plentiful supply of accommodation to rent, means more people now take their holidays in self catering apartments and villas than package tours.
Renting an apartment or villa gives you more freedom than a hotel. You can have better control of your diet, come and go as you please, watch TV and there’s no fighting for space around the pool. The only disadvantage is you have to clean up when you leave – there are no servants to do that for you!The boom in property prices worldwide has also provided plenty of choice of accommodation, as owners have used equity in their homes to invest in a holiday home. Many owners stay in their holiday home during their vacation, then rent out the property at other times.Is buying a holiday villa a wise investment? First, let’s consider alternative places for your savings. The stock market has being going sideways or down for several years and many experts are talking about a long term downward move. Of course there’s always the bank but the return there is very low. The price of property may go down in the short term but it has always bounced back in the past and buying at a lower price is attractive; and property, unlike some stocks and shares, will never go bust!. Don’t forget you can use a second home for your own holidays, a perk not supplied with a savings account!So, if you decide to buy a holiday villa the next question is where to buy? Some areas attract holidaymakers all year round, and some just during the summer months. The weather is the reason of course. The Canary Islands are the preferred holiday destination for most Europeans as average temperatures vary little all year and holiday accommodation in Gran Canaria, Fuerteventura, Tenerife and Lanzarote should prove a worthwhile investment. As an apartment or villa in the Canary Islands will attract visitors 12 months a year, so the rental income is going to be higher than you would expect from, say, a cottage in Cornwall. Florida to gets visitors ,throughout the year, especially if you buy a villa or apartment within easy reach of Disney World and other theme parks but of course you have much further to travel and can sometimes be subject to severe weather something you do not find in the Canaries .Of course other European destinations and emerging markets do not offer year round opportunities to rent / let your property because of the closed winter season, unless of course you look at places like Crete which has a similar weather pattern to the Canary Islands but it can be 14-15 C in the winter months which is a little cooler than the Canaries. If you decide to buy a holiday home you will of course need to advertise your apartment or Villa to attract holidaymakers. The best way is on the internet. Most holidaymakers now use this to book both their accommodation and flights.
For the Canaries try www.buyin-fuerteventura.com and www.buyingrancanaria.com and for advertising Fuerteventura properties why not talk to www.roomtobreathesl.com.

2. Families Shrug off The Crunch for Summer Holidays

According to a recent article on holiday package sales, holidaymakers are ignoring the economic gloom and spending more than ever on their summer breaks.

The big tour operators say holiday sales are up eight per cent on last year, despite huge hikes in fuel, power and food bills. Some are shying away from Euroland and going to Turkey, Bulgaria and other countries based on price. But many know that for quality Spain is still No1 and also still cheaper than the UK by far and people seem to be spending more to escape the doom and gloom."Holidays tend to be the last to suffer and while costs are up in the traditional holiday hotspots, they still represent good value compared to prices here."Flyglobespan chief Rick Green said flight sales were up from Glasgow, Edinburgh and Aberdeen. He said: "Although we are seeing strong demand for our non-Euro routes, our traditional European summer holiday destinations are still the most popular. There's been an upsurge in demand on key traditional routes as well as exceptional sales to Lanzarote, Tenerife and Gran Canaria.”Green added: "We have a loyal customer base who fly with us year after year, often returning to the same Euro destinations. The exchange rate has not affected their decision on where to holiday as they are confident that they will still find good value in these resorts, and know that we will continue to offer low-cost flights and accommodation packages to all our destinations.""The biggest increase of all seems to be in winter sun holidays, with November and December filling up fast - the Canaries being the most popular plus New York for shopping. When you live in our northern climes your prescription for good health is a holiday in the sun."

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