Expats living in Majorca will be delighted with the news that budget Spanish airline, Vueling, are set to re-open their route between London Heathrow and the Balearic Island.
Article written by The Overseas Guides Company
Spain’s second largest carrier have announced that they will relaunch the route next March – just in time for the 2013 summer season.
The new route from the UK’s largest transport hub to Palma Majorca will make it far easier for expats to reach their Majorcan homes and should give the property market on the island and almighty boost. This isn’t the only route to be launched by Vueling; also announced are flights between Gatwick and Barcelona and from Cardiff to Malaga.
With this in mind, the SpainBuyingGuide.com decided to take a look at the kind of property available on the island which would make a shrewd investment.
This fully furnished ex-show home is on the market for just €129,000 (approx. £104,700) and is ready to move in to straight away. In no time at all you could be enjoying the perks of property ownership in this modern development which benefits from a large communal pool and landscaped gardens. The complex, Sa Torre, is located in Pórtol, a quiet village in the centre of Mallorca just 15 minutes from Palma airport.
Mallorca, the largest of Spain’s Balearic Islands, has always been a popular spot for Britons but lately the island has been attracting increased interest from Russia. A leading property agent on the island has revealed that over the last year, the number of Russians visiting the island has increased tenfold. In addition, Russian tourists are known to spend 50 per cent more during their stay than other nationalities.
As is to be expected, as more people visit the island and fall in love with it – they are more likely to consider snapping up property there. Although the properties attracting interest from Russian investors are erring on the pricey side, with all the money that people will be saving by flying with the budget airlines and making money from their savvy rental investments – maybe a property like this could one day become more than a daydream…
This superb five bed, six bathroom villa with frontline golf access is located in one of Santa Ponsa’s most sought after residential areas. On the market for €2,995million (approx. £2.44million), this desirable property offers high, beamed ceilings and all of the mod-cons including under-floor heating and air con. The stylish outdoor area boasts its own barbeque and pizza oven and enjoys views across the huge private pool to the perfectly manicured fairways and mountains beyond. Also on the large plot are two self-contained guest apartments. Maybe one day!
For details of property for sale all over Spain, visit the listings on Rightmove Overseas. One way to save money when buying in Spain is to use a currency specialist when transferring your pounds into euros or dollars to complete the purchase of your property. For more information on this, contact Smart Currency Exchange or visit the Currency Zone.
To understand the full step-by-step process to buying a property in Spain, collect The Overseas Guides Company’s ‘Spain Property Buying Guide’
The views and comments herein are those of the author and do not necessarily reflect the views or opinions of Rightmove Overseas, Rightmove Group Ltd or Rightmove Plc