Properties in Spain can still represent good value for money, it has been claimed.
Richard Way, editor of A Place in the Sun magazine, said that now is a great time to buy, particularly for those who do not require a large loan.
He remarked that, in his view, the market is close to bottoming out and for those taking a long-to-mid-term view of property investment, the outcome is likely to be positive.
"There are still some good opportunities in the eurozone, absolutely and if you buy with a euro mortgage then it really doesn't make much difference anyway," he commented.
Holidaymakers should ensure that they shop around for the best deals on car hire, insurance and flights to Spain, it has been claimed.
Speaking earlier this week, Mark Bower, lifestyle sales director at Lastminute.com, suggested that the market is flooded with great deals and that no one should be paying over the odds.
"People are still going out but are not paying full price for anything - people are being a lot savvier on what they're purchasing.
Those taking holidays in Spain this year will have the opportunity to visit one of the latest arrivals at Fuengirola Zoo.
A pygmy hippopotamus, which was born in December, has now gone on public display.
The baby is only the third of its kind to have been born at the zoo and the little one is likely to pull in the crowds this summer.
According to Euro Weekly news, there are just 3,000 pygmy hippos in the wild.
The credit crunch may lead to an increase in the number of people taking short breaks, rather than lengthy summer holidays, it has been suggested.
Mark Bower, lifestyle sales director at Lastminute.com, said that instead of sacrificing holidays, people may be inclined to cut back on the length of time they spend abroad.
The website has also reportedly seen a rise in late bookings, with people leaving it until the last minute to book their holidays in Spain and other destinations.
Plans to give the Civil Aviation Authority more powers could mean that airports face heft fines if passengers encounter lengthy delays and problems.
The government is proposing to change the way airports are regulated in order to improve efficiency and avoid problems similar to those seen during the opening of Heathrow's Terminal 5 last year.
According to the Telegraph, airports could also face penalties if they fail to make appropriate preparations for the weather.
Gatwick Airport came in for criticism last year when it was forced to close for a number of hours, following a light "sprinkling of snow".
From October, those taking flights to Spain with Ryanair will be required to check-in online.
The airline said the move will allow passengers to avoid lengthy queues and delays at the airport.
Passengers who wish to take a large suitcase onboard will be able to leave their bags at one of Ryanair's drop zones.
The transition to 100 per cent web check-in will be done in several phases but from May 2009, all those making new bookings will be required to use web check-in.
Brits taking flights to Spain from Exeter Airport this summer can snap up some bargains in new, more modern surroundings.
The airport's World Duty Free store has undergone a £200,000 makeover in preparation for the summer season.
Passengers will soon be able to browse in a larger store and have access to a better selection of perfumes and cosmetics.
A number of other new shops have also been introduced at the airport.
British holidaymakers are making the most of the cheap deals available and booking last-minute breaks abroad, it has been revealed.
Figures released by Sainsbury's Finance show that foreign currency transactions rose significantly in January of this year, compared to the same period in 2008.
However, it was also revealed that average transaction values have increased by 15 per cent, with people having to spend more due to the strength of the euro.
Sam Marrs, head of Sanisbury's Travel Money, commented: "British holidaymakers have suffered badly given the declining value of the pound, but clearly it's not stopping them taking advantage of the holiday deals currently available.
Those looking for a healthy holiday may wish to consider a break in sunny Spain.
According to flight search engine Skyscanner, Spanish people have one of the longest life expectancies of any nationality and it may be down to all that fresh air and great weather.
"The generally pleasant climate means that a healthy alfresco lifestyle is the norm," the website said.
Average life expectancy in Spain is 80.
Bordered on two sides by the stunning Calblanque Natural Park, La Manga Club is the ideal holiday destination for lovers of the great outdoors.
As well as enjoying the facilities inside the resort, such as the three championship golf courses and health spa, holidaymakers can also explore the surrounding area by hiring a mountain bike.
The terrain around the resort varies from flat, easy roads to challenging off-road tracks.
Bikes are also available for children to hire, with baby seats and trailers also on offer to ensure that the whole family can enjoy the La Manga area.