Free press releases distribution network?

Agency / Source: Lucas Fox International Properties

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Commercial Investors Swoop As Brand Barcelona's Global Appeal Continues to Grow - Luxury Barcelona-based real estate agency Lucas Fox has registered a doubling in demand for luxury hotel conversions and off-plan commercial projects in the first six months of 2013 as Barcelona's international appeal continues to strengthen
Commercial Investors Swoop As Brand Barcelona's Global Appeal Continues to Grow

 

PRZOOM - /newswire/ - Barcelona, Cataluna, Spain, 2013/07/15 - Luxury Barcelona-based real estate agency Lucas Fox has registered a doubling in demand for luxury hotel conversions and off-plan commercial projects in the first six months of 2013 as Barcelona's international appeal continues to strengthen.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Most interest has come from UK, American, Swiss and Middle Eastern investors as well as more recently from South American and African clients, particularly for commercial properties in the Eixample and Old Town districts of the city, also known as the 'Golden Square'.

Lucas Fox Commercial Property Director Aimar Valls says a number of leading luxury hotel operators are in talks with the company to manage or buy commercial properties in Barcelona as they seek to expand their businesses in one of the most sought-after cities in the world:

"Hotel investment in Barcelona has continued to be resilient despite Spain's economic difficulties. We currently have around 20 potential investors for every building to convert. We are also expecting a new influx of investors from the Far East once the new Residency Law has been enforced this autumn. This demand will eventually push up prices so now is a golden opportunity to invest in Barcelona, especially in the luxury hotel market"

Despite the current global economic situation, Barcelona is expected to receive almost seven and a half million tourists in 2013 - the same as the record number received in 2012 thanks, in large part, to increasing visitor numbers from North America, Britain and Russia and to the recently introduced daily direct flights from Barcelona to Dubai.

Over the past 10 years, there's been strong growth in the hotel sector with a 75% increase in room supply in Barcelona. Last year alone, 14 new hotels opened in Barcelona, contributing to more than 65 thousand rooms in the city. The increase in supply has not had a negative impact on room rates, however, which remain at an average of 109 euros per night, still a long way off the 2005 figure of 120 euros per night.

According to a recent report by accountancy firm Price Waterhouse Coopers (PWC), Barcelona is on track to be the fourth city in Europe in terms of hotel occupancy in 2013 and predicts that revenue per room will also increase.
Valls predicts a bright future for Barcelona's luxury hotel market in the medium to long-term, and expects the city to further consolidate its position as one of the world's leading tourist destinations within the events and conventions sector as well as the cruise market.

"Barcelona is now a worldwide brand. It has always been a city with a significant international presence but it was the 1992 Olympics Games that placed it on the map, gave it an international profile and helped to make it one of the highly rated cities in the world. Not only this, its football team, beaches, climate and cosmopolitan atmosphere have all contributed to the 'boom' in the Barcelona brand in the last few years, and I believe this is just the beginning".

About Lucas Fox

Lucas Fox (lucasfox.com) was founded in Barcelona in 2005 and has established itself as one of the foremost Real Estate agents dealing with international clients in Spain. 

The company focuses on luxury residential properties with an average transaction value of €1m plus and high-end commercial property to private equity companies.

The commercial property division was established in 2011 in response to increasing demand from international clients looking to invest in hotels, residential buildings and retail space.

In 2013 Lucas Fox and leading law firm ECIJA formed a Joint Venture 'ResidencyinSpain.com', offering advice and support to clients who want to get residency permits in Spain through property investments worth more than 500 thousand euros.

The company's expertise on property-related matters, market trends and lifestyle is recognised both nationally and internationally. Recent press coverage includes CNN International, Al Jazeera Television, The Times, The Telegraph. El Pais, La Vanguardia and Tele5.

For more information on this press release, quotes or high resolution images please contact Carrie Frais by phone on +34 620586655 or by email carrie[.]lucasfox.com

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Lucas Fox International Properties

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Real Estate/Property Management articles,
CATCH Visitors via Your Competitors Announcements!


Commercial Investors Swoop As Brand Barcelona's Global Appeal Continues to Grow

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Antonio Esposito - LucasFox.com 
+34 673 438 181 aesposito[.]lucasfox.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Lucas Fox International Properties securities in any jurisdiction including any other companies listed or named in this release.

Real Estate/Property Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Lucas Fox International Properties / Company Profile


Read Real Estate/Property Management Most Recent Related Press Releases:

Ede Costa Team Joins Berkshire Hathaway HomeServices California Properties
Berkshire Hathaway HomeServices California Properties Opens New Office in Brea
Berkshire Hathaway HomeServices Nevada Properties Opens New Southwest Las Vegas Office
Homenova, Inc. Launches A Website for Private Home Sales
Westcorp CFO Named Top Tech Exec in Nevada
Berkshire Hathaway HomeServices California Properties Names Larry Tait Yorba Linda Branch Manager
Americana Holdings Forms Alliance with ListHub Global in Three States
Manhattan Boutique Real Estate Joins South China’s Leading Luxury Property Show
Approved Mortgage Reviewed by Global Research Firm Great Place To Work®
SoloPro Secures $1.1M in First Round Funding

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today