Month: December 2010

Spain – Europe’s most popular Golf destination.

New data supplied by the International Association of Golf Tour Operators shows that Spain has impressively secured over 35% of the entire European market. The figures show that more than one million tourists visit Spain each year, specifically to take advantage of the country’s world renowned golf courses. One region that enjoys a significant proportion… Read more »

Growing tourism in Hurghada prompts property investment

The internationally renowned, luxury hotelier Hilton Worldwide has announced that it will be opening its 4th hotel in Hurghada by Q2 2012. Jean-Paul Herzog, area president for Hilton, Middle East and Africa said “Our flagship brand first entered Hurghada in 1995. Since then the area has developed rapidly and it continues to be a growing… Read more »

Spanish Property Sales see marked increase

Statistics released from The Spain Property Registry this week show that the volume of Spanish Property sold in Q3 has had a year-on-year increase of 13%. A number of organisations including The Instituto Nacional de Estadística (the Spanish National Statistics Institute), The Overseas Property Professional and Taylor Wimpey de España have all supported these findings,… Read more »

Impressive domestic demand drives Egyptian property growth

Replacing the BRIC economies, the CIVETS have quickly moved into position as the most highly anticipated growth hotspots of the next decade. One CIVETS nation that shows particular potential is Egypt which has the secure fundamentals in place to achieve ‘real growth’ that more speculative markets have failed to accomplish. There are several reasons for… Read more »

Turkey the place to invest in 2011 according to experts

Property investors are rapidly turning their attention towards Turkey as the country’s real-estate market becomes increasingly attractive. Following a continuous flow of positive reports from respected property professionals regarding Turkey’s investment potential, the most recent findings seem to confirm this long held confidence and validate the nation’s claim as the next property hot-spot. Fitch Ratings,… Read more »

Egypt and Turkey set to become 2011’s tourism hot-spots

As 2010 draws to close, market commentators have identified the up and coming tourism destinations of 2011. Two nations set for success are Turkey and Egypt which have both seen massive growth in their tourism sectors this year. This growing trend has been clearly evident through-out 2010, however its been the latter part of the… Read more »