Malaga, Spain (PressExposure) December 02, 2008 -- Well itâs been a pretty interesting year to date with the current credit crunch adding further fuel to an already depressed market. The oversupply of Spanish property at the bottom to middle end of the Costa del sol property market hasnât got any better and with the current UK exchange rate to the Euro you would think it would be a very depressing time however for your businessman that doesnât have to be in the office every day of the week the expansion of Malaga airport and the places you can now fly too is making Costa del sol a very attractive place to be so says Nick Stuart Managing Director of Spanish Hot Properties. âFrom Malaga you can now fly directly to the following destinations Geneva, Milan, Rome, Paris, Stockholm, Amsterdam, Dublin, Belfast, Oslo, Berlin, Munich, Basel, Dortmund, Hamburg, Frankfurt Mallorca, Bucharest, Madrid, Barcelona Brussels and all the UK major and minor Airports. The majority of these destinations are supplied by low cost airlines meaning that any businessman with business interests in Western Europe can easily make Costa del Sol there base to live and work from. Also when once the airport expansion is fully complete Malaga will be able to cope the Big Airliners and you will see a large increase in destinations and travel between North and South Americaâ said Nick
So how do all these new destinations help the Costa del Sol property market? A good example is the case of Finbar OâShay a builder businessman from Dublin in Ireland who has business interests in both Ireland and Romania and with modern communication technology doesnât need to be on site all the time and maybe has to fly on business once every two weeks or so. From Malaga he can get to Romania and Ireland very easily and at a reasonable cost and is now looking to live in Marbella full time to enjoy a better quality of life explained Nick. Coming from Ireland Finbar has the best of both worlds in that his income is already in Euros and therefore doesnât have to deal in the consequences of the current Sterling exchange rate but if he buys a property from a British owner who wants to return to the UK he knows that Owner can afford to drop by 30% as he intends to convert the currency back to sterling and in real terms he will get the same sterling equivalent if he had sold a year ago.
With more and more northern Europeans getting fed up with there own Countries and wanting a quality lifestyle that one can get in Costa del Sol then the increase in choice of routes from Malaga airports is a real positive bonus claimed Nick. âHowever Finbar is not the only one to benefit business professionals providing IT, Licensing, Consultative services and Property services can all benefit from the current price of property in Costa del Sol and the benefits that Malaga Airport now brings to the Costa del Solâ Nick Said.
Anyone interested in finding out more about relocating to Spain and acquiring great value property should contact Spanish Hot Properties via phone or online at www.spanishhotproperties.com
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