Flights to Mallorca to boost Spanish real estate

Mallorca's tourism appeal, coupled with the fact a series of new flights to the Spanish island are being launched, is likely to have a positive effect on the region's real estate, people hoping to find property in Balearic Islands may be interested to hear.

Both Jet.com and Thomas Cook are announcing new flight routes to Mallorca and both the rental market and second home market are likely to benefit from the increase in tourism.

Speaking to Property Community, Victor Sague, sales and marketing director of Taylor Wimpey de Espana, said: "Mallorca offers year round sunshine, Blue Flag beaches and marinas, the relaxed Spanish way of life and a lower cost of living, just some of the reasons that people decide to buy a home on this stunning island."

He added that additional flights to the island will be a boost for property owners as they will improve accessibility and "widen the goal posts for rental opportunities".

Anyone interested in Spanish property was recently advised that now is a good time to hunt for some bargains, as there are a number of distressed and repossessed properties on the market.
 

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