Holiday home rentals on the up in Spain

The number of occupied holiday lets in Spain has risen over the last 12 months, according to recent figures.

This is positive news for holiday homeowners in Spain in the wake of recent worries over the property market.

Overnight stays in holiday homes totalled 4.8 million, a rise of 2.2% on figures from the same time last year, and rents are also up, according to data from the Institute of National Statistics reported by Fly2let.

Spain remains popular with British holidaymakers, who represented 30% of lets, with Germans coming in second at 22% and Scandanavian tourists at 17%.

Overseas tourists accounted for 87% of holiday rentals.

The Canary Islands, Andalucia and Valencia were the top destinations for both Spanish and overseas holiday makers, according to the website.

There are more foreigners than Spanish residents in 15 towns in Alicante, according to the reported figures.

It also says that house prices in Alicante have risen by 9% since January.

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