Tourism Figures Suggest a Positive Outlook for Spanish Property

Tourism Figures Suggest a Positive Outlook for Spanish Property

Recent figures provided by the Secretary of State of Tourism for Spain have shown that 52 million tourists visited Spain in 2009. This figure is the sixth highest in Spain‘s history in terms of numbers and third best in terms of revenue. This shows that despite the economic downturn Spain is still very popular and is bringing in many visitors.

 

The total expenditure made by foreign tourists in 2009 was 48,000 million Euros, a rise of 2.1% year on year. This averages out at €920 per person. All in all these are very positive figure’s when taking into consideration that the World Tourism Organization (WTO), 2009 reported a 5% drop in the overall number of tourists. 2009 figures show that Spain still remains one the world’s most popular destinations and is most certainly the favourite within Europe.

 

From these figure’s it has also been proven that 85% of the 52 million visitors going to Spain had been there before on Holiday. 45% of these had been there more than 10 times. There are great numbers of return travellers all liking to stay in Hotels or find good quality apartments to stay in.

 

The Spanish Tourist Board are well aware of the problems economically around the world  so are very keen to ensure there is satisfactory spending in the country to keep the visitors coming in. In 2009 the Spanish Government posted the largest budget in history, up 109% on 2008. In 2010 despite there being deep cuts in many sectors the budget for the Ministry of Tourism is actually increasing when comparing to last year.

 

As well as the tourism, property investment in Spain has taken a recent hit, however, there are a number of opportunities now available to purchase bank repossession property in Spain at discounted prices.

 

Spanish property specialists, Property Prophets sell property all over Spain and have a good stock of distressed property for sale in Spain.  Concentrating mainly on property for sale in Costa Del Sol, Property Prophets have a number of apartments, villas, townhouses and duplexes for sale at discount prices.  To see the fantastic range of properties for sale in Spain, please visit their website at www.property-prophets.com

More News:

• France Still a Property Investment Favourite
• Egypt Continues to Develop as a Property Hot Spot
• Tourism Figures Suggest a Positive Outlook for Spanish Property
• Brits Look Abroad to Enter the Property Ladder
• Property in Turkey sees further growth
• Altinkum Marina Pushes Property Prices Up