New Spanish Airline Iberia Express to Fuerteventura & Gran Canaria

Spanish national airline Iberia  launched on Sunday 26^th  March a new low-cost airline.

The new airline, Iberia Express, commenced operations and with prices starting at €25 for a one-way ticket make it very competitive with other low cost carries such as Ryanair.

Iberia Express will cover Spanish cities including Madrid, Barcelona and the Islands such as Ibiza, Fuerteventura and Lanzarote Tenerife and Gran Canaria.

The launch of Iberia Express follows the recent collapse of Spain's fourth-largest airline Spanair.

The low-cost Iberia Express has currently 500 staff and has a fleet of four Airbus A320 aircraft, according to Iberia Express chief executive Luis Gallego who also stated also it is their intention to expand both personnel and aircraft later in 2012 .

"The containment of costs will enable Iberia Express to grow and compete with the other low-cost operators such as Ryanair and Easyjet," he said.

International Airlines Group is the ultimate parent, which was formed by the merger of Iberia and British Airways in 2011.

Hotel Occupations in Fuerteventura on the rise strengthening real estate market for property in Corralejo Spain

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Fuerteventura, Canary Islands Spain is experiencing renewed visitor occupation levels for all major resorts including Corralejo, Caleta de Fuste, Costa Calma and Jandia. The increase in occupation is due to new flight routes available from all major European airports by charter companies including Monarch, Ryanair, Easyjest, Air Berlin to name a few plus the dry warm weather conditions throughout the year that make Fuerteventura a favorite destination in Spain. More tourists are getting to know the Island and enjoying its peace and tranquility as well as the world famous water sports facilities which has made it a favorite for kite-surfing, windsurfing, diving, surfing and of course those who just enjoy the golden sandy beaches and year round sunshine. The World Wind & Kite Championships are actually taking place this month along the beach of Sotavento next to the Hotel Gorriones which draws thousands of visitors each year. Up in the North Island, Corralejo is also a premier touristic resort having evolved from a small fishing village it is now a bustling cosmopolitan center with town beaches, restaurants, bars and local entertainments close to hand making it an ideal holiday destination and permanent residence for many Northern Europeans looking for winter sunshine. To own a property in Fuerteventura is an ideal investment financially which gives a solid return on investment (ROI) plus the added advantage of ownership and usage. As an example Goldacre Estates Sl can offer you a fabulous 1 bedroom apartment like this one surrounded by palm trees with large communal swimming pools, sun terraces, landscaped gardens and still in walking distance of the local beaches. It is a very bright apartment and offers a spacious lounge/kitchen which opens out onto a private balcony with views to Lanzarote and the Island of Lobos. The shopping centres of ‘Campanario’ and ‘Las Palmeras’ are close by along with the water park ‘Baku’ so there is something to please the whole family.

If you want more information about this apartment, or any other great opportunity, please contact info@goldacre-estates.com, call 0034 928535044, browse options http://www.goldacre-estates.com/ or visit our office in the Oasis Tamarindo Commercial Centre Corralejo.

Increase in tourism spend in Spain and the Canaries

The total amount spent by foreign tourists in Spain during the first quarter of this year (2011) amounted to €12.627 million euros, up 8.7% over the same period in 2010, according to the Tourism Expenditure Survey (Egatur) released today by the Ministry of Industry. This growth was in line with the arrival of tourists to Spain, which was up 8.5% through April, and was even slightly higher, thanks to the 0.2% increase in average spending per person, as the daily spend dropped 1.2%, to €94 euros. In April 2011, in line with the volume of foreign tourists arriving in Spain, the increase in total expenditure jumped 24.1% to €4.217 million, with gains in both average spend per person, 2.5% (€894 euros) and in the daily spend, 5.1% (€94). These results confirm the growth in demand and the consolidation of the recovery of the upward trend of foreign tourism in Spain while taking into account the effect of the Easter holidays during the month of April and especially flight cancellations due to the eruption of volcano in Iceland in April 2010.

The main markets in the first quarter of 2011 were the United Kingdom and Germany, which accounted for 25.5% of total spending, and in both cases there were increases of 5.6% and 2.8% respectively.

By region, the Canary Islands experienced a growth of 17.2%.

If you want to buy property in Canary Islands contact info@goldacre-estates.com, call 0034-928535044, or browse options at www.goldacre-estates.com.

Source:Canary News

El Sultan Residential , Townhouses for sale in Corralejo, Fuerteventura

Exclusive complex of 74 apartments and townhouses highly stylized with Arabic flavors.Designed with imagination and purpose, offering peace of mind and spatial comfort. Bordering both the resort of Corralejo and the National Dune Park, this special location alows you easy access to the entertainments of a cosmopolitan port as well as the tranquility of the desert and sea. Buy it now you won't regret it.

If you want any further information contact info@goldacre-estates.com, call 0034-928535044, or browse options at www.goldacre-estates.com.

Access to Attractive Tax Incentives in Canary Islands

The Canary Islands historically benefit from different and stable economic and fiscal treatment in order to compensate for the effect of its insularity and remoteness. Thus, they have their own Economic and Fiscal Scheme (REF), Law 19/1994 on the Economic and Fiscal Scheme of the Canary Islands, subject to Spanish law and fully authorized by the EU.

The REF includes a series of tax incentives related to creating and developing business, some of the most outstanding of which are:

The Canary Islands Special Zone (ZEC), to which a 4% Business Tax applies (instead of the 30% under the General Scheme).

The Reserve for Investments in the Canary Islands (RIC) allows for a reduction of up to 90% of undistributed profits on the Business Tax base.

Exemption from the Tax on Property Transfers and Documented Legal Acts for the constitution, expansion and acquisition of investment assets.

Advantages of the Indirect Canary Islands General Tax (IGIC) related to VAT with a general rate of 5%, zero application to certain products and services like telecommunications or for the acquisition of investment assets as well as a limit for operating volume.

50% tax credit on the profits obtained for the sale of corporeal goods produced on the Canary Islands.
Significant tax deductions for investments made in sectors of interest.

Two duty-free zones of the five existing in Spain. The companies that set up in Canary Islands duty-free zones can also receive all other benefits offered by the REF.

These incentives mean that the Canary Islands is highly attractive to investment tax-wise; but they are not a fiscal paradise.

If you want to buy property in Canary Islands contact info@goldacre-estates.com, call 0034-928535044, or browse options at www.goldacre-estates.com.

Source: Proexca

Why should you buy a property in Canary Islands?

With more than twelve million tourists annually, the Canary Islands is one of the preferred tourist destinations of EU citizens, with temperatures that range between 16ºC ad 25ºC all year long.

The rich and varied vegetation of its protected areas (national parks, natural parks, biosphere reserves, etc.) and the historical-cultural heritage of the Canary Islands also allows its residents to enjoy an excellent standard of living in a luxurious environment as business is perfectly combined with the best leisure options.

Besides, the culture of Canary Islands is very impressive too. You can attend any of the many cultural events of renowned European prestige such as the Classic Music Festival, which is held simultaneously on all the islands; the Las Palmas de Gran Canaria Film Festival, the Spanish market for new film productions at screenings (Lanzarote); opera and zarzuela seasons at the Pérez Galdós Theatre (Las Palmas de Gran Canaria) and performances at the Guimerá Theatre (Santa Cruz de Tenerife); art exhibits at the Lanzarote Contemporary Arts Museum, at the "El Tanque" Cultural Facility in Santa Cruz de Tenerife and at the Atlantic Centre for Modern Art (CAAM) in Las Palmas de Gran Canaria, where you can also find the Canary Islands Museum where you can delve into the most remote past of the Archipelago, just as you can at the Museum of Natural History and Man (Santa Cruz de Tenerife).

If you want to buy property in Canary Islands contact info@goldacre-estates.com, call 0034-928535044, or browse options at www.goldacre-estates.com.

Source: Proexca

The Tide Is Turning On Spanish Real Estate

PrLog Press release
Many reports today constantly berate property in Spain, slow markets, glut of empty Spanish Real Estate , poor economic conditions all the reasons why you should not buy Spanish real estate, not many people focus on the real opportunity that exists in the market in Spain today, also many times key areas of investment are missed such as the Canary Islands and Balearic’s as Spanish property seems to be grouped all under one banner ‘Spain’ with no definition regarding area and location, in an interview late in 2010 Spanish Prime Minister Jose Luis Zapatero told U.S. news channel CNBC that prices had hit bottom and were on their way back up and this certainly seems to be the case within some areas of the Spanish Real Estate market.
Fuerteventura in the Canary Islands is starting to see a resurgence in buyers, Managing Director John Goldacre of GoldAcre Estates, who’s Head Office is based in Corralejo in Fuerteventura stated that the Canary Islands seem to be pulling ahead of mainland Spain in terms of leaving the recession behind them, for us we had a very difficult 2008/2009 and in 2010 we started to see some serious light at the end of the tunnel, 2011 has opened very well for property in Fuerteventura and we are expecting steady growth throughout the year.

Of course there still remains some great bargains to be had in the Canary Islands Real Estate market and if someone is seriously considering purchasing a property in Fuerteventura then there will be no better time than now, with some two bedroom townhouse’s as low as 69,500 euros, Sea front three bedroom apartments from 169,500 and villas in 10,000 m2 plots for 180,000 euros.

Goldacre believes that throughout the year property prices are going to start once again strengthening, not by large amounts but he believes the market will start to see increases coming in as of course some of the cheaper opportunities disappear as they continue to be snapped up by buyers who are getting wise to the opportunities and understanding that the low prices that we have seen will not be around forever.

The Christmas period for GoldAcre Estates saw many new clients looking to buy in Fuerteventura, because of course now the number of flights have increased to the Island particularly with low cost airlines like Easy Jet and Ryan Air running direct European connections including flights to mainland Spain’ two main hubs Madrid and Barcelona and as well as a number of UK airports.
Fuerteventura has seen a lot of inward investment through the crisis which has included major extensions to Fuerteventura airport, producing a new arrivals terminal, extensions to the runway and departure lounge.

The Canary islands offer some of the best weather within a short flying distance to the whole of Northern Europe and many people have wanted to escape the recent freezing conditions and enjoy the all year round Sunny conditions of the Canary islands.

Known as the land of eternal spring the Canaries offer some of the best year round climatic conditions in Spain, offering the buyers of real estate the opportunity to maximise on their investment throughout the year, of course many investors have realised that with a drop in price comes an increase in their % return on investment (ROI) as the strong rental season in Fuerteventura ensures exceptional rental opportunites.

GoldAcre Estates is one of Fuerteventura's longest established Real Estate Agents serving both the national and international client base in Fuerteventura
http://www.goldacre-estates.com

Source BuyIn Fuerteventura and PrLog Press release

Fuerteventura Canary Islands Flights up 50% Over Winter Season

Winter flights to Fuerteventura in the Canary Islands are expected to soar following release of slot reservation numbers that show a 50% increase over 2009 figures. Visitor numbers so far to the Island have been higher following increased routes and new market growth – August saw 194 International flights this year up by 57 flights and many hotels have experienced 80-100% occupancy levels.

Fuerteventura Tourism Board headed by Agueda Montelongo has been working to improve the exposure of the Island to new markets such as France, Poland and Scandinavia and at the same time increase connectivity to traditional markets. Encouragingly these traditional markets are to see the biggest increases with the UK set to increase by 52%, Germany 29%, and Ireland a huge 756%! Emerging markets will also improve with France 59%, Holland 90% and Scandinavia 55%.

The new figures also show a particular bias to Fuerteventura compared to other Canary Islands, re-establishing it as the fastest growing Island. General forecasts for the Canary Islands show a 31% rise with Fuerteventura 50% and although flights from mainland Spain look to fall by 2% across the archipelago, Fuerteventura is looking at a 13% increase.

Agueda Montelongo also mentioned the increase in Cruise ships for this winter with an additional 12 berths between September and April starting with the Aidablu which arrived yesterday to Puerto Rosario. Although these visitors only spend a day on the Island they are still important to the promotion of the Island in general and the impressions they leave with are crucial to Fuerteventuras image.

Much of the increase in traffic is down to the return of Ryanair especially for the Irish markets however with the investment to lengthen the runway, build a second terminal and other projects like the Northern motorway, other major carriers have also seen the potential of Fuerteventura. Monarch, Easyjet, Air Lingus have been busy this year and their continued commitment lends stability to the growth figures.

Of course the forecasts will be good news to many businesses across the Islands and in particular to those second home property owners who not only will be able to visit more frequently but will also benefit from additional rental bookings. Short term rental figures have also increased this year with many owners experiencing 40 weeks occupation making their return on investment very high. The improved winter season flights also establish Fuerteventura as the fastest growing winter sun destination in Europe.

For more information on Fuerteventura, Gran Canaria and Greece Head to the 'more' section of our website www.goldacre-estates.com

New Flights To The Canaries Will Boost The Property Market.

New flight services to the Canaries should be a boost for the property market. All the Canary Islands and in particular Fuerteventura could be in line for a property market boost as low-cost airlines start arriving from the UK.

Budget carrier EasyJet has revealed that three new services will fly to the Islands from early next month. A Liverpool to Fuerteventura service will begin on November 2nd and flights to Lanzarote will start from the same location on the 3rd. On November 4th, a new service will commence to Fuerteventura from London Stansted.

Palm Air and Monach Airways have already started new services to Fuerteventura.

RyanAir are also opening new air routes into Lanzarote which with the regular ferry routes between the two islands means even more choice for travellers to Fuerteventura.

Easyjet is to start a raft of new routes across Euorpe in the winter.

Easyjet have announced new destinations and services to add to its european routes. Eight of the 15 new routes will run from UK airports, mainly to winter sun destinations.

The low cost carrier is to serve Sharm el Sheikh and Paphos from Luton; Fuerteventura from Liverpool and Stansted; Lanzarote from Liverpool; Lyon from Edinburgh, Hamburg and Porto from Gatwick.

Other services added to the network for winter 2009-10 include six routes from Rome and one from Madrid.

Fares from the UK start at £27.99 one-way on the three flights a week between Edinburgh and Lyon and rise to £75.99 one-way from Luton to the Red Sea resort of Sharm el Sheikh which will be also be served three times a week.

The new flights start between November 2 (Liverpool-Fuerteventura) and February 2, 2010 (Gatwick-Hamburg) with the majority starting in early November.

Chief executive Andy Harrison said: “Times are tough for consumers so we are proud to offer great year-round holiday destinations for incredibly low prices.”

Source Travel Mole