New Year Opportunities in the Fuerteventura and Canary Island Property Market

New Year New Opportunities

Welcome to our first newsletter for 2010.

So what’s the story so far this year ?

Predictions on Sterling vs the Euro are targeted by reports from the major currency houses to reach 1.20 ( sometime this year, but no one has put a date yet on when this magical figure will be reached ), I have to say we have had a positive opening and we are currently seeing 1.15 so far this month.

What about Property ?

My view for the market is that we will see a steady increase in sales volumes through 2010, so good news for those that are selling their properties.

There is a lot of talk surrounding the Greek economy and the national debt in the international press right now, I have recently visited our offices in Greece and the local real estate market ( greek residential ) remains buoyant and it is anticipated that 2010 will see a significant rise in the International buyers particularly in areas such as Crete, Corfu and Zakynthos.

Easy jet have just announced a number of new routes to Greece in 2010 with prices starting from only 41 GBP further details can be found on www.easyjet.com

Fuerteventura seems to have resolved the issue of the lack of flights over the winter with Ryanair returning to its services for the Island and Easy Jet now running its regular services to Stanstead and other UK airports, in fact I traveled to Stanstead recently with Easyjet and you could not have found a better flight.

Good luck, happy hunting and wherever your search may you find your DREAM HOME we are there to assist you.

If you have a flight only GoldAcre Estates can assist you in finding your perfect accommodation to stay during your search for your Dream Home.

Please remember any comments that you may have on how we can improve our newsletter are always welcome write to me directly john@goldacre-estates.com

John Goldacre

Monarchs New Flights To Fuerteventura, Canary Islands, Prove Popular

Monarch’s Airways new flights to both Fuerteventura and Gran Canaria are proving popular as figures for the October half term are released.
The Fuerteventura flights saw over 2000 passengers during half term and Gran Canaria had over 1500 making a 0.86% increase on the same period last year.
Managing director Liz Savage commented, “Our new services to the Canary Islands of Fuerteventura and Gran Canaria have been very well received and their addition strengthens Monarch’s flying programme to the Cannary islands, with 46 flights per week operating between the UK and the Canaries during winter 2009-10.”
Certainly the Canary Islands residents and property owners have also benefitted from these increased flights and wil help the Spanish property market– local Tui flight ticket providers have just advertised with Goldacre-Estates.com Christmas specials starting from €39!

Canary Island And Greece Property Review

John Gold reviews the current economic climate for the Canary Islands and Greek property market.

How wrong can you be?

Talk about the kiss of death in our last newsletter, I talked about the positive news regarding sterling and since then it has all gone down hill !!
The economic data from the UK has sent sterling vs some of the other major currencies through the floor ( well not quite, bit of an exaggeration ) but it went as low as 1.08 euros to the pound ( see I said in my last newsletter you would not find a better time to buy ) anyway after the downward trend of the last couple of weeks, hey guess what we are now seeing it tracking upwards again to the heady heights of 1.0999 today ( 30 September ) fingers crossed it remains going in the right direction again if you read some of the daily reports from the major currency houses they have talked about the bank of England creating the reduced strength of the pound.
Anyway the good news for the buyers out there is property prices have not gone up!! YET! but on a more serious note opportunities are still out there and at some prices of the properties available, it really does not matter what the exchange rate is or does.
You will note a great selection of properties in this newsletter outlining some opportunities across the board from Villas to Apartments,
Keep an eye on your e-mails for the new electronic versions of BuyIN Fuerteventura and BuyIN Greece magazines, which are nearing completion and will be distributed shortly.
I mentioned a couple of newsletter ago the words Fractional Ownership which is starting to gain momentum in the real estate industry in the newest edition of BuyIN Fuerteventura there will be a focus on this subject to explain more, but an example of this is four owners can share ownership in a 3 Bedroom 2 Bathroom Villa with pool and Jacuzzi, in 1,000m2 plot for three months spread throughout the year from only 79,750 euros per owner and it is all FREEHOLD.
The sun remains, beach beckons and properties in the world of GoldAcre Estates remain available and the whole TEAM would love to show you them.
Good luck, happy hunting and wherever your search may you find your DREAM HOME we are there to assist you.