New Airports in Spain and Portugal
Recent reports in the International Herald Tribune suggest that two new airports are to be opened in
The airport in Spain will be built in the Huelva province of southwest Spain, designed to improve access to the western Costa de la Luz, whilst the Portuguese airport will be located in Alcochete, just outside the capital, Lisbon. It aims to boost travel access to both the Silver Coast and the Algarve. Both airports are planned to be operational by 2012.
This is not only good news for holiday makers but also property investors. According to a recent study by Savills, holiday homes close to destinations served by low-cost airlines are, on average, 37% more expensive than those which are not.