Exchange rate 'will not affect Spanish attraction'

The fluctuating exchange rate is likely to have little effect on Britons' attraction to Spain, one independent travel expert has stated.

According to Simon Calder, the country will remain a popular destination, even if the falling value of sterling makes visiting Spain more expensive.

Noting that even though "the pound has been down in relation to the euro", he stated that this "doesn't mean we are going to turn our back to" the country.

"Spain is going to retain its position as our absolute favourite country," he added, news which may bolster the confidence of overseas property investors who have been considering purchasing homes in the country.

Mr Calder's comments echo those of UK-based property developer Taylor Woodrow.

The managing director of Woodrow de Espana, Victor Sague, argued that buyers in the country are continuing to "vote with their feet", despite recent reports of price crashes taking place in Spain's property market.

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