LESS RISING OF PROPERTY PRICES
21-3-07
Though there are different versions about the intensity of rising of prices. It is sure the high increments of the last years are being now more moderate. The different political parties are showing different interpretations and opinions about the situation.
Different factors need to be taken in consideration, the plot price is increasing and its importance in the final value of the property is progressivly increasing. This tendency had been the opposite in the past, as the building cost used to be the main value of the whole property in the past. Promoters and constructers are forced to adjust more the prices due this land increment. Is it then a good moment to invest in plot purchasing?
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| Again we find different interpretations. Represents of Mortgages sector allegate the requests of mortgages have not decrease and keep in a high volume. On the other side, Financing entities are offering at the same time good offers and considerable discounts on comissions. Behaviour provoked by the intense competition between different banks and financing insitutions.
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NOW LOS CRISTIANOS FACES A DEMO THREAT 21-3-07
Trouble is brewing in Los Cristianos with the latest advance in the continuing clashes over coastal boundary enforcement.
A total of 38 properties in prime positions along the sea front, among them a well-known hotel, an aparthotel and several apartment buildings, are affected by the retroactive enforcement of the demarcation for public land which, under a law passed in 1988, obliges a 100 metre private construction-free zone along the coast. Previously the limit had stood at 20 metres.
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The Los Cristianos buildings> currently in the eye of the coastal boundary storm lie between that two kilometre stretch of coast between the port of Los Cristianos and Playa del Callao.
Edificios Cristian Mar, Comodoro and the Oasis Moreque Hotel are just three of the familiar names standing on territory officially denominated dominio pblico maritimo-terrestre and as such are effectively occupying public property.
Now the day of reckoning looms - and both public administrations and the people who stand to lose their properties will have a fight on their hands.
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The problem is not new and there has been an ongoing agenda of demolitions, appeals, lawsuits and protests prompted by the zeal with which the ministry of the environment is setting about freeing up the cluttered Spanish coastline.
There have already been numerous small-scale demolitions, mostly of illegally built houses, in the Canary Islands. Last month several villages in the Anaga district near Santa Cruz were let off the hook after a storm of protests, the argument being that most of the buildings had been constructed well before the advent of the Ley de Costas. But in other cases the authorities are proving intransigent.
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CANARIAS MAKES AN EXHIBITION OF ITS POSIBILITES IN NAUTICAL TOURISM 21-3-07
The council of Tourism from Canarias Government will be present from today Friday, 9th March, and during this weekend in the Saln de la Inmersin de Cornell in Barcelona, specialist in nautical tourism. Besides, this weekend concludes also the International Tourism Fair in Berlin.
This fair is part of an strategy of promotion of nautical product that is implemented by the department of Manuel Fajardo Feo. It is also expected its presence in the Birmingham Dive Show, and in the Nautical Fair of Barcelona
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Canarias will offer an attractive proposition based on lights and colours of its waters where unique spices can be found. Blue, transparent, full of live, waters that surround all the islands with an unique temperature between 18-23 degrees during the whole year in a sea that has hundreds of indigenous species. Diving has become in one of the main attractions to choose Canarias as main tourist destination. In 2006, Canarias received the visit of almost 3 millions of national tourists who wished to spend some different days at the islands.20-3-07
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TOURISM CONSITUTES ALREADY 32,6% OF CANARIAN PIB, AND 37,33% OF TOTAL EMPLOYMENT 21-3-07
At the same time tourism constitutes 90% of total exportations. These reports have been exposed in the presentation of Sector plan of Services of Proexca in order to support international of Canarian tourism sector. Tourism represents the main economy of the archipelago and its main investments sources as direct as indirect. Whereas, the booming increment has not been as intense as other years due to consolidation of the product.
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| Long experience, available resources and level of quality got in comparative terms with other touristy destinations let to consider the possibilities of insertion of Canary companies in international tourist events.
It is expected tourism has generated between 2,2 and 3,3 jobs in tourism activities by 2010. Besides that, there will be more jobs due to tourism impact in other economic activities. Tourism is a composition of products and resume services, prepared to attend demands of consumers in their trips. Its structure is greatly un-centralized and inserts in the economy due its movility and diversity of tourists needs, and product & touristy services are bought before, during, and occasionally after trips.
From a more tangible perspective of the sector, we remark the opportunities for companies related with leisure (hospitality, sports, culture, and theme parks,) catering services, rental car companies, laundries, water treatment, among the most important sectors. 20-3-07
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LA CAIXA PREVENTS RIC CHANGES DECREASE HOUSING PRICE 21-3-07
Changes in Reserve investment of Canarias in sense of not chance to claim to build housing, that will provoke price decreases or remains, concerning predictions of LA CAIXA. This entity increased on 2006 its business volum until 26.5% at the Islands.
Andres Orozco (representative of LA CAIXA) expressed an optimistic message about Canariass economy, saying it is very active. Also, he pointed that the expected change of RIC makes the expected stabilization of housing price, the buying process could be re-active this year.
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