- Costa del Sol offers cheapest European winter sun breaks (Post Office)
- Mallorca bookings up 68% in a single year (ABTA)
- Euro approaching best rate since 2012 (Currency Index)
It’s that time of year when the novelty of cold mornings and rainy afternoons has worn off and families turn their attention to which country would be the best place for them to soak up some winter sun. This year the number of those leaving the UK in search of winter sun between October and December is expected to rise, as many families delayed their summer holidays overseas due to Britain’s fantastic summer weather.
The Post Office has provided some handy hints this year for travellers looking for good value from their breaks. Both Portugal (specifically the Algarve) and Spain (the Costa del Sol) have been recognised as providing excellent value for money in the Post Office’s Winter Sunshine Report. The barometer report examines eight tourist staples, including sun-cream, drinks and an evening meal, to judge which destinations offer the cheapest break. The Costa del Sol came in at just £44 for the list of items and the Algarve at £48. As the weather in Spain and Portugal can take a turn for the worse over the winter months, the report also highlighted the value of Tenerife, where the winter sunshine is a little more reliable. The island came in at £58 for the eight items.
Italy is another popular choice for those seeking a winter sun break and if the over-priced cities are avoided it can offer excellent value. In fact, the UK travel organisation ABTA observed at its recent travel convention in Slovenia that Italian bookings were up this summer due to “some great-value hotel deals.” ABTA also highlighted Mallorca as a recent success story, with summer 2014 bookings up 68% on summer 2013. The island’s increased tourism figures are expected to carry through over the winter season.
When it comes to long-haul winter sun destinations, Florida offers excellent value and families can enjoy Orlando’s theme parks without the extensive queues of the summer months. The Caribbean is another popular place for winter sun seekers, especially for couples looking for a relaxed, romantic escape. The luxury appeal of the island of Grenada is proving particularly attractive this year, thanks to its high-end spas and pristine beaches.
For those looking for more than just a holiday, each of these destinations offers a wide variety of options when it comes to property investment. From second homes to pure investment properties, the choice is endless. Those looking to buy in Europe are able to enjoy the cheaper Euro at present, with Currency Index observing that the US Dollar’s recent gains have had a particularly beneficial effect on Euro rates, which are approaching their best levels since 2012.
For those looking to profit from property in the top winter sun destinations, here’s a quick round up of the best opportunities on offer.
Spain – Costa del Sol
Modern 2 and 3 bed apartments and penthouses in Avalon – Los Arqueros Golf, the best golf resort near Puerto Banus, are available from just €290,000 from Taylor Wimpey España. Large terraces, spectacular views, a communal pool and beautiful gardens make this the perfect family resort.
Balearic Islands – Mallorca
Taylor Wimpey España is offering just 24 luxury two bedroom/two bathroom apartments from €242,000 at Cala Anguila II.
Canary Islands – Tenerife
Portugal – Algarve
Ideal Homes Portugal has properties ranging from Central Algarve studio apartments in Alvor, costing just €57,419, to a four bedroom villa in the prestigious Vale do Lobo golf community, available to anyone with a spare €11,000,000 to hand. This plot of land with delightful timber house, coming in at just €69,000, is particularly interesting.
Italy – Le Marche
Italy’s stunning Le Marche region offers a good value alternative to the cities and has everything from beaches to mountains with excellent skiing facilities. A one tenth share in the luxury fractional ownership holiday home, Casa Tre Archi from Appassionata, costs from as little as £65,000.
Florida – Orlando
Beautiful two, three and four bedroom investment homes are available from Brookes & Co at The Club at Sunset Lake, from just £96,950. The fully managed properties are close to Orlando’s major attractions and perfect for those looking for a rental property that provides long-term income.
The Caribbean – Grenada
High-end hotel suites for investment in Grenada are available from Property Frontiers and include four weeks’ personal usage, allowing investors to enjoy Grenada for themselves, as well as making money from average projected yields of 10.5%.
For more information on the properties detailed above, please contact:
Taylor Wimpey España: +44 8000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.
Ideal Homes Portugal: on +44 800 133 7644 or +351 289 513 434 or www.idealhomesportugal.com.
Appassionata: +39 33154 13225 or www.appassionata.com.
Brookes & Co: +44 1621 875 925 or www.brookesandco.co.uk.
Property Frontiers: +44 1865 202 700 or www.propertyfrontiers.com.