Fly to Let owners in Spain may soon benefit from a boost in the numbers of tourists travelling to the country following news that those flying to destinations such as Singapore and Australia will be hit by a doubling in air passenger duty.

Chancellor Alistair Darling’s new Air Passenger Duty rate changes mean that flying to Europe will cost £12 in two year’s 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 those looking to buy 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 be immersed in the ‘real’ Spain, there’s bound to be a home for you. We have a fantastic 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.”

If you want to invest in a property that’s close to an airport served by low cost airlines, near to the beach and a selection of good shops, bars and restaurants then Valle de Alenda on the Costa Blanca ticks all of the boxes.

Priced from £155,575, the development consists of 35 two and three bedroom townhouses and is set in the Alenda Golf course which is a short drive from Alicante.

• Budget airline Teleticket has announced plans to run new flights to the Canary Islands; filling the gap left by the collapse of travel agent and airline company XL a few months ago.

The flights, which begin in 2009, will run from Bristol airport to Tenerife, Lanzarote and Las Palmas.

Liam Bailey, Property Abroad's chief market analyst said: “Just at the time when the bulk of people start spending on holidays and property again, even people who know nothing about overseas property markets can easily see that more flights will never have a negative effect on a property market.

“But to say that it will massively increase tourism to Tenerife and Lanzarote is a bit much-of-a-muchness. Tourism to Tenerife, Lanzarote, and all the Canary Islands is absolutely huge as it is, because of the year-round warm climate and well established tourism industries.

“The new flights to the Canary Islands will boost tourism though, especially from Wales, and Southern Ireland to the Canaries, the former because flights are limited and the latter because flights are more expensive than from UK airports.”

Property Abroad is currently marketing some properties in the Canary Islands.

Those on a limited budget can buy a studio apartment in Los Christianos Tenerife for £62,500. The complex is built on two levels around a well presented pool and recreation area. One and two-bedroom apartments are also available.

Fly to Let investors looking for luxury maybe tempted by the recently refurbished two storey finca, which sits on 1802 square metres of land in Lanzarote. It has four bedrooms, two bathrooms, a reception room, big dining room, winery, and two patios, which, says Property Abroad, makes it perfect for holiday rentals.

The property is completely enclosed by walls and is being advertised by Property Abroad for £220,000.

The land allows for a big garden, including stables at the bottom which are further enclosed by fences. The property is in a rural area but still only 10 minutes from local amenities, and 20 minutes from the airport.

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