Canary Island tourism recovery boosts property market

The Canary Island of Tenerife attracted 1-1.5 million tourists in 2007, from Britain and Ireland alone. And rightly so, from a British perspective it is the only place you can fly to within five hours and have a t-shirt and shorts holiday in January, or any time of the year for that matter. Liam Bailey, head of international research for overseas property specialist David Stanley Redfern explained the Islas Canarias attraction:

"It has always amused me how us Brits complain about the cold in winter, but in summer when we enjoy heat-waves we are running about complaining that we are too hot and you can never get a happy medium. The Canary Islands are the happy medium we are all looking for. Tenerife's strong tourism sector accounts for around 60% of its GDP, and in a joint effort the Canary Islands are doing everything in their power to maintain high levels of tourism. Alongside hosting the Association of British Travel Agents seminar in January, Tenerife's popularity over the year, and the economy's reliance on its tourism sector, means the infrastructure is well developed and a wide range of activities are on offer."

Surfing, snorkelling, scuba-diving, fishing, sailing, ab-sailing, para-gliding, golf, and horse-riding to name but a few of the activities tourists to Tenerife can take part in. All the above gave Tenerife a lot to promote itself on when it hosted the Annual meeting of the Association for British Travel Agents in January. According to Tenerife Based news portal tenerifenews.com the meeting was very good for the island:

"Guests were told that “Tenerife is much more than year-round sunshine, beautiful beaches, a rich and varied landscape, friendly vibrant bars, great food, wine and stylish clubs. It has a sparkling cultural background and an amazing choice of attractions.” After being shown glimpses of them during the four-day event, delegates said they just had to agree."

Find out more about Tenerife investment property at: www.davidstanleyredfern.com/investment-property/canary-islands/