Rise in holiday bookings could bode well for Spanish property investment

Investors interested in property in Spain could benefit from more rental opportunities as more Brits choose to holiday in Europe.

According to a new study by Abta - The Travel Association, bookings to Spain have increased by 11 per cent compared to last year, showing that the destination is becoming more popular with holidaymakers.

Short breaks are also seeing more people travelling into the country, especially to Madrid, as economies around the world recover and capital has been freed up to boost overseas stays.

"During the recession, luxury holidays were substantially affected, but have now experienced a healthy comeback," Abta said in a statement.

"Customers are becoming increasingly adventurous with activity holidays surging in popularity," it added.

Abta noted earlier this year that Spain was the UK's favourite holiday destination for breaks during the Easter period, with the Canary Islands and the Costa del Sol being the most popular hotspots among British travellers.

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