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Corvera Airport Murcia Opening Confirmed.

We have been talking about it for years! Now its signed and sealed!

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On Saturday 24th February Jaimie García-Legaz President of AENA formally signed the contract for the operation and maintenance of Corvera Airport for a term of 25 years alongside Murcia’s President, Fernando López Miras who also confirmed that
the airport will be named after Juan de la Cierva, the inventor of the autogyro.

When signing the contract AENA President, Jaime García-Legaz, said that the airport will be ready to operate from December 2018. However, the specific timing of the commencement of flights will depend on the airlines, although he believes that it will
not be beyond that date.

The process of certification of facilities and controls by the State Security Agency will got underway Monday 26th February, and will take several months, although during this period, a plan to attract the interest of airlines will be initiated in parallel.

The transition of civil operations from the current San Javier airport to Corvera will be led by Mariano Menor, and flights will not overlap, that is, one day the last flight will depart from San Javier and the next will be the first flight from Corvera, explained García-Legaz.

Read more: Corvera Airport Murcia Opening Confirmed

It's widely publicised that property sales and prices in Spain are forecast to rise in 2018 if there are no sudden economic surprises or changes to the mortgage market.
Anticipa, one of Spain’s biggest real estate providers having acquired wholesale bank stock, expects sales to rise 9.3% next year to 526,000 units, up from 481,000 this year and 21% more than in 2016.

It is also forecasting that prices will have risen by 6.9% by the end of 2017 and looking ahead to 2018 are set to rise by slightly less at 6.1%. Even with this rise they will still be 27% below the peak of the market in 2007 which is well worth noting.

Prices for resales and new builds are expected to continue to increase by 5.8% over the fourth quarter of this year, the firm says in its latest real estate market report, but this was compiled before Catalonia declared independence and the national Government took over the running of the region which may adversely impact on the expectations.

Read more: A positive outlook for 2018 in Spain!
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