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 air planes and forteen new routes (28 in total) being launched. The popular budget airline will run over 200 weekly flights to/from Faro in an $400 million investment in the airport.
The new routes have been introduced to help fulfil increasing demand for easy, affordable access to the Algarve from across Europe. Portugal has a very good and sustainable tourism demand with 11 million visitors in 2009 (WTTC) and annual growth of 3% forecast 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 region will receive a growing number of visitors which should generate a greater demand for quality accommodation and also increase demand for property for sale in Portugal.
This is good news for the recently launched Gotel an apart-hotel or hotel room investment opportunity perfectly situated in the sought after western Algarve, overlooking the spectacular Praia Tres Irmaos at Alvor. The Gotel is operated & owned by the Pestana Group, Portugal’s biggest hotel and leisure operator, with a thirty year history and thus 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 provides a next generation approach to property investment; apart-hotel rooms are widely regarded as a first-class turnkey investment method that are fully managed for the investor and require minimal involvement.”
The investment is limited to 38 units and provides an excellent opportunity to own an apart-hotel room within 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 Gotel 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
