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Portugal Property Investment News
Airline regularly used by investors
An airline has revealed that foreign property owners accounted for the bulk of its customers last year.
Monarch Airlines stated that more than two-thirds of its customers during 2007 owned a property outside of the UK.
Meanwhile, a further fifth said they would like to buy a foreign residence at some point in the future.
Liz Savage, managing director of Monarch Airlines, commented: "This high percentage is reflective of the scheduled destinations to which Monarch flies which focuses predominantly on Spain, Portugal and Cyprus."
She added that Monarch has become the "airline of choice" for many overseas property owners who fly frequently between the UK and their second home.
Ms Savage said the airline offered people affordable and frequent access to overseas destinations.
This comes after the Telegraph highlighted the importance of airlines to people who own foreign properties.
The newspaper said a high flight frequency, low fares and convenience are essential requirements, particularly for rental investors.
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