Overseas property news - Long-haul flight tax doubles

Long-haul flight tax doubles

Holidays to Spain are likely to grow in popularity as destinations such as Australia and Singapore are hit by flight tax hikes...

Chancellor Alistair Darling's new Air Passenger Duty rate changes mean flying to Europe will cost £12 in two years' time compared to the £85 it will cost to fly to destinations including Australia, Singapore, Cambodia and Argentina.

Victor Sague, Sales and Marketing Director for Taylor Woodrow de España, said, "Despite the continued competition from newer emerging markets such as the Far East, Spain has and continues to be one of the most popular choices for holidaymakers and those looking to buy a home abroad.

"This tried and tested location has gained a long-standing reputation when it comes to savvy property investment, and its popularity is likely to grow following the chancellor's Air Passenger Duty rate changes as holidaymakers look for rental properties closer to home.

 "Far flung destinations such as Australia may have their perks but Spain has an excellent climate, stunning beaches and scenery, sites of cultural and historical interest, and is also quick, easy and cheap to get to from the UK.

"Whether you're looking to live near the beach, on a golf course or in the mountains, there's bound to be a home for you. We have a selection of developments in various regions across Spain, and with up to a quarter off prices we're making buying a dream home in the sun even more affordable."

Source: www.taylorwoodrow.es

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