Tourism Boost to Algarve From New Cheap Flights to Faro
Ryanair have announced it will open its 39th base at Faro in March 2010 with 6 based aircraft and 14 new routes (28 in total) being launched. The well known budget airline will run over 200 flights each week to/from Faro in an $400 million investment in the airport.
The new routes have been introduced to help fulfil a growing demand for easy, affordable access to the region from across Europe. Portugal has a strong and sustainable tourism demand with 11 million visitors in 2009 (WTTC) and an estimated growth of 3% per year until 2017.
The new flights which include Faro to Birmingham, Kerry and Knock will improve the accessibility to the Algarve from both the UK and Ireland, a good sign that the Algarve will see an increase in tourism numbers which should generate a greater demand for touristic accommodation and also boost demand for property for sale in Portugal.
This is good news for the recently launched Gotel an apart-hotel or hotel room investment opportunity ideally situated in the sought after western Algarve, overlooking the spectacular Praia Tres Irmaos at Alvor. The hotel is owned and operated by the Pestana Group, Portugal’s largest hotel and leisure operator, with a thirty year track record and therefore assuring the future success. The hotel itself has a 15 year operating record.
Steven Worboys, MD of the specialist overseas property investment company Experience International, stated:
“The Gotel presents a unique opportunity to invest in a boutique hotel in Portugal’s highly sought after Algarve region and attractive Portugal property market. This project represents a next generation approach to property investment; apart-hotel rooms are widely regarded as a first-class turnkey investment product that are fully managed for the investor and require minimal involvement.”
The investment only has 38 properties available and provides an excellent opportunity to own an apart-hotel room in one of the Algarve’s most established and reputable hotels.
Spectacular Sea Views
Currently occupying a prime location in Alvor, a top tourist area in the Algarve, the hotel when completely refurbished will combine luxury hotel rooms with boutique chic and spectacular views over the famous PraiaTres Irmaos.
For further information about the Gotel investment opportunity please contact Experience International on +44 (0) 207 321 5858 or visit www.property-for-sale-in-portugal.co.uk
Posted: March 7th, 2010 under Travel and Leisure.