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Ryanair deal shakes up overseas property market



THINGS are hotting up further on the overseas property market with Ryanair's announcement last week of a 250m deal over five years with Majestic Worldwide to facilitate sales in Spain and Portugal. Properties will be displayed on the airline's website www. ryanair. com under a new property icon.

Irish businessman Harry Toye brought the companies together, citing accessiblity as a key factor for people purchasing a second home in Spain or Portugal. Majestic sells an average 1,200 properties a year, with prices varying from 220,000 for a two-bed apartment to 10m for an 8-bed villa. A special launch saving of 20,000 per purchase is being offered to the first 50 customers for the La Condesa de Mijas Golf on the Costa del Sol received through the Ryanair website.




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