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Canary Island Property News And Features Roundup

Freedom4sale magazine
Canary Island Features
Canary Island Property News

property informationHave any property related questions??
Want to know more about the process of buying, what questions to ask agents. Need to get to know the area you are interested in buying a property a little better.
Your first place to look is our in depth information archive. Everything you ever needed to know is here. read more.

 

Many banks have will make your overseas money transfer to buy you new property for you BUT are they giving you the best rates? There is a big chance you can save yourself in the thousands by making a phone call or two. Talk to a transfer specialist and see what they can do for you. Save money and headaches... read more.

playa blanca propertyIn the run up to finding and buying your home in the Canaries you will be working with at least one local estate agent. Make sure you know the best questions to ask them, be prepared and read this article.... read more.

 

In the world of property buying and selling there are a few specialist terms you need to become acquainted with. Brush up and the latest words and phrases for your foray into the property market..... read more.

corralejo estate agency

Top House Fuerteventura are a proffesional and motivated agency based in Corralejo. Get some insider tips on the current Corralejo property market from them..read more.

renting your canary island homeSo you have bought your new property. The next steps are to enjoy and maybe to earn an income from it. Here are a few good tips on how to best go about renting our your new Canary Island property......
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From 1997 until the end of 2006, the Spanish Tax Office charged non-residents of Spain a higher rate of capital gains tax when they sold their properties than local residents had to pay. Foreign non-residents were charged 35% Capital Gains Tax, compared to just 15% paid by residents of Spain.......
read more.

When Cárdenas Real Estate was established 30 years ago, its founder Antonio G. de Cárdenas, was a well-known person in Arguineguín-Mogán. His flawless previous professional career, his and Rolande’s (his wife and an official translator) knowledge of foreign languages - both had lived and worked for some years abroad - earned him an excellent reputation especially amongst the non-resident Real Estate owners in the southwest of the island. With many of them, the business relationship even grew into a friendship. They not only turned to him to buy and sell properties, but recommended him as well to their friends and acquaintances.
read more.

Canary Islands on road to recovery.

Canary Island sunsetThe Canarian vice president Jose Manuel Soria said that the islands are on the 'right track' on the road to financial recover. His statement was based on two factors, new cars and overnight tourist stay duration. New vehicles coming on to the road rose by 11% in the first month of 2010, this compares very well to the fall of 31% for the same month a year ago. The figures for overnight stay duration are also looking good this year compared to last. Last year they dropped by 8.2% compared to a rise early in this year of 3.7%.

This issues estate agent focus talks to Aurytur Real Estate in Corralejo. Get to know this professional company, its staff and their views on the Fuerteventura property market.
Read more...

First time buyers in Costa Teguise, Lanzarote.

Follow how these first time buyers to Costa Teguise found all the help they needed from Locations Estate Agency.
Read more...

The well known UK tv programme's sister magazine 'A Place in the Sun' is advising English overseas property investors that now is the time to buy propery in the Canary Islands....

To find out more about Canary island property news and information visit our relevant information section




Weak Euro brings overseas property sales

With the Euros steady weakening against the British pounds UK investors are buying in the Eurozone.
A major UK property website carried out a recent survey and found that Spain accounts for 22% of their overseas property enquiries.
The web company went on to say that the biggest overseas search increases were seen to be for Spanish destinations.
The main reasons for the increase in interest is thought to be the weakening euro. Further contributing factors were sighted as being a move away from the Gulf of Mexico and Floridian property due to the recent oil spill.
The Canary Islands are thought to be fairing better in the recovery stakes due to a lesser over supply of property. Tighter building regulations stayed rampant building hence developers are less desperate to sell and prices don’t plummet quite so much. Thus protecting current property owners and sellers and therefore the future property market.

Ryanair More Seats to Fuerteventura

Ryanair have announced two new routes to Fuerteventura from November. The two new routes will connect Fuerteventura with Luton and Edinburgh.
The new connections will offer 756 more seats each week to the island which will, in total see, 5856 weekly air seats for the island.

No Cuts for Canaries

The Spanish Minister for Development, José Blanco, has confirmed that the infrastructure budget for the Canaries will not be cut despite countrywide restrictions due to the financial crisis.
Whether the support is in recognition of a very real need in the area or as a political payoff for support given, they are welcome words indeed.
The Canaries is the only regional government which has not been affected by nationwide cuts, with Catalonia, Cantabria, Aragón and Castilla y León facing the largest reductions.

 

canary island property magazineThe late summer issue 59 of Freedom4sale magazine is out now. Property prices are still remaining low and bargains are abounds. Don't miss you chance to snap one up. For a starter selection just flick to the back pages of the magazine to find an agents choice of property reduced by over 25%. We have all the Canary Islands best agents promoting their professional services and amazing properties amongst the pages. This issues articles and guides are not to be missed and have valuable information on how to best secure your dream home in Europe's best climate.


Download or order your free copy
of the latest issue now.


In this issue of the Freedom4sale magazine and on the web site is an interesting interview with Fuerteventura Residences. Find out the insider views on the current property issues.
read more


playa blanca beachPlaya Blanca in Lanzarote has been the fastest growing tourism location on the island of Lanzarote. Appealing mainly to families, elderly and luxury clients its popularity shines on. The area has the most five star hotels on the island. There is also an appealing selection of property for sale from budget apartments to high end luxury villas. The upper end of the market is where the greatest price reductions can be found.


New harbour and Marina coming to Corralejo

Corralejo marinaThe contract for the extention and improvement to Corralejo harbour has been awarded and is expected to take two years to complete. The project will improve and extend the ferry piers, increase the number of moorings for pleasure craft and provide better boat yard facilities.
As well as the existing marina berths the new marina will provide 650 berths for yachts which will be sheltered behind a huge curved breakwater.
Corralejo harbour on the north coast of Fuerteventura is one of the busiest in the Canaries with close to a million passengers a year using the short ferry link to Lanzarote and the project will ensure that increasing passenger demand can be met. The harbour Playa Blanca in Lanzarote will also be extended and improved to allow easier access for the ferries whose entrance at the moment can only be described as tight.


Canarian tourism up

A recent survey has revealed some good news for the canary islands. The Canary Islands is the most popular tourist destination in Spain. The Canarian year round climate cannot be beaten and for guaranteed weather this is the place to come. Another interesting fact is that visitors are also spending more money when holidaying in the Canary Islands.


"I need Spain"

The new slogan for Spanish tourism is… wait for it… ‘I need Spain’. The idea is that this slogan will help to unify Spain’s position as a leading tourist destination. Spain wants to become known as a ‘first class’ tourist destination, moving into the arena of an all year around cultural holiday location. The idea and slogan for the new campaign was uncovered recently by Spanish Secretary of state for Tourism.
This new image of Spain is intended to be publicized across over 40 countries, the expected audience is more than 400 million people. Over the last two years Spain has increased her promotional budget by 20 per cent.
The previous campaign had a slogan of ‘Smile you’re in Spain’ and was targeted to an audience of only 100 million. The new campaign is selling Spain as a lifestyle destination. Spain currently receives over 50 million tourists per year.


Iberia eases up on baggage

Iberia recently announced an introduction of an extra 60 euro charge for each extra item of baggage from flights between the Canary Islands and mainland Spain. The Canarian government were up in arms over this and put this point of view to Iberian bosses. Finally Iberian Airlines responded by allowing up to a 23 kilo limit the first piece of baggage and a 10 kilo limit on hand luggage. Additional pieces of baggage, up to the 32 kilo limit, will cost 15 euros for residents and 60 euros for non residents.


The Easter holidays saw and great influx of cruise ships visiting the Canaries. Local businesses welcome this as the ships dock at each island allowing visitors time to explore and grab some local bargains.
The easter period saw over 10 cruise liners docking letting off a total of almost 50,000 visitors. The majority of these visitors we arriving in the ports of Las Palmas in Gran Canaria and Santa Cruz de Tenerife. Tenerife proving to be the most popular destination hosting over 27,000 visitors.


There seems to be a lot of interest in property for sale in Costa del Sol at the moment, many experts feel that this is caused by some amazingly priced properties currently on the market in areas like a great new development of apartments for sale in Benalmadenathat are very well priced and come with amazing facilities and rental guarantees...


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