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Growing tourism boosts Spanish investment potential

Article Date : Wednesday, March 26, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Interest in the Spanish property market could be boosted by new figures which indicate increased visitor numbers.

According to government statistics, the country attracted 6.2 million leisure travellers from abroad during January and February 2008.

This is nearly four per cent higher than the amount recorded a year earlier, which means the country is attracting more and more winter holidaymakers.

About 1.6 million visitors during this period were found to be British, although Spain also attracted lots of visitors from other parts of Europe.

This will be a positive development for people who are affiliated with the tourism industry, such as overseas property investors who own rental accommodation.

According to Nicola Christie of NuBricks.com, the country is likely to attract renewed interest from foreign property buyers over the next few years.

Commenting on the market, she predicted that the launch of high-speed rail links across Spain would open up previously untapped areas and create new investment opportunities.
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