Bank of Spain: Housing market has bottomed

Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, comments: “There are pockets of real success in terms of the real estate market in Spain right now, but the picture is far from consistent. It’s still a delicate market and changes in FX rates, along with international politics, are likely to play a big role in how the market is shaped going forward. Buyers are focussing on coastal areas and there is a lot of money coming into Spain from overseas as foreign purchasers look to pick up bargain homes by the sea before prices rise much higher.”
Taylor Wimpey España is the driving force behind a number of high profile new developments on the Costa del Sol. Avalon, located in one of the most sought after areas of Marbella, next to the prestigious Los Arqueros Golf course, is a charming residential complex with wide streets, a large communal pool and stunning golf and sea views. The luxury two and three bedroom apartments and penthouses are synonymous with the opulence for which the area is known, albeit at a more reasonable starting price of €310,000, in keeping with the current economic climate.
Domestic buyers are also helping to reinvigorate the Spanish real estate market and the combined effect of this with interest from overseas investors has led Banco de España to predict growth of 4.2 per cent for residential investment over the course of this year, followed by growth of 6.6 per cent in 2016.

Spanish real estate – an insider’s perspective

The Spanish property market crisis is over. At least that’s what Banco de España is saying.

At the same time, Spain’s GDP has grown for seven consecutive quarters and recently even more than expected: 0.9% in Q1 2015, according to the National Institute of Statistics (INE).

Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, comments,

“There are pockets of real success in terms of the real estate market in Spain right now, but the picture is far from consistent. It’s still a delicate market and changes in FX rates, along with international politics, are likely to play a big role in how the market is shaped going forward. Buyers are focussing on coastal areas and there is a lot of money coming into Spain from overseas as foreign purchasers look to pick up bargain homes by the sea before prices rise much higher.”

Taylor Wimpey España is the driving force behind a number of high profile new developments on the Costa del Sol. Avalon, located in one of the most sought after areas of Marbella, next to the prestigious Los Arqueros Golf course, is a charming residential complex with wide streets, a large communal pool and stunning golf and sea views. The luxury two and three bedroom apartments and penthouses are synonymous with the opulence for which the area is known, though for an extremely reasonable starting price of just €310,000.

http://www.propertysecrets.net/

Summer holiday heaven – look no further, Europe has it all!

When it comes to summer holidays, it seems we want it all – pristine beaches, high-octane theme parks and water parks, first-rate golf courses, rural activities like horse riding – and all set against a backdrop of good weather and great food. It might seem like a lot to ask, but there’s no need to book that round the world ticket, as it turns out that Europe has it all this summer!

Spain is also a wonderful destination for golfers, particularly those looking for island-based courses in the Balearics. Mallorca is a popular choice, Sales and Marketing Director of prestigious Spanish homebuilder Taylor Wimpey España, points out,

“The views from some of Mallorca’s golf courses are simply stunning and the island welcomes golfers of all abilities, from pros to those just learning the ropes. The Mallorca Golf Academy operates across the island, for those looking to hone their skills in the sunshine, while the range of courses of the island mean that those who have come simply to play can always find a quiet time to enjoy golf here at its best.”

Costa Beach at Port Vell has four excellent golf courses within a ten minute drive, the nearest being just 900 meters away. The development also offers direct beach access and a fantastic pool, with prices for the apartments and townhouses starting at €240,000.

http://www.algarvedailynews.com

Spanish real estate in depth – an insider’s perspective

The Spanish property market crisis is over. At least that’s what Banco de Espana is saying. Director of Studies José Luis Malo de Molina comments, “The adjustment of the real estate sector is, in principle, complete.”

At the same time, Spain’s GDP has grown for seven consecutive quarters and recently even more than expected: 0.9% in Q1 2015, according to the National Institute of Statistics (INE). Property values are also on the up, increasing by 3.3% in the last year, based on figures from the Sociedad de Tasación Residential Real Estate Trends Report for Q2 2015.

Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey Espana, comments, “There are pockets of real success in terms of the real estate market in Spain right now, but the picture is far from consistent. It’s still a delicate market and changes in FX rates, along with international politics, are likely to play a big role in how the market is shaped going forward. Buyers are focussing on coastal areas and there is a lot of money coming into Spain from overseas as foreign purchasers look to pick up bargain homes by the sea before prices rise much higher.”

Taylor Wimpey Espana is the driving force behind a number of high profile new developments on the Costa del Sol. Avalon, located in one of the most sought after areas of Marbella, next to the prestigious Los Arqueros Golf course, is a charming residential complex with wide streets, a large communal pool and stunning golf and sea views. The luxury two and three bedroom apartments and penthouses are synonymous with the opulence for which the area is known, though for an extremely reasonable starting price of just €310,000.

http://www.easier.com

Why you should buy a holiday home in Mallorca

Sales and Marketing Director of leading Spanish homebuilder of Taylor Wimpey España, explains why Mallorca is the ideal location for a holiday home purchase.

What makes Mallorca special?

There really is everything on one island. The scenery is dramatic, varied and stunning, with the Sierra Tramuntana mountain range, a UNESCO heritage site, boasting peaks of up to just under 1500 metres, small calas on the east coast, and large beaches on the north and south coast, making this probably one of the best locations in the Mediterranean for sailing and yachting. Island hopping is easy here, between Menorca, Ibiza and Formentera. Palma has a population of over 400,000, with a rich cultural life, international schools, a good university – the best university for Tourism in Spain and one of the best in Europe – as well as the third largest airport in Spain with connections to all major European airports in only 2 – 3 hours.

Mallorca’s climate is wonderful with over 300 days of sunshine a year, perfect for all kinds of outdoor activities all year round, and the fantastic Mediterranean cuisine is also a major draw! If you so desire, you can totally disconnect but there is also the option to party 24 hours a day, all within a couple of minutes’ drive, plus we hardly have any traffic jams!

 

http://www.insidersabroad.com

Tourists flock to Game of Thrones filming locations

Tourists are flocking to visit the filming locations from popular TV series Game of Thrones.

The show, which reaches the end of its fifth season next week, has been boosting tourist interest in a range of countries ever since its first broadcast. The fantasy epic, based on George RR Martin’s novels, began shooting in Northern Ireland in 2010. Now, County Antrim is enjoying the Game of Thrones effect more than ever.

The latest season, meanwhile, has also been shot in and around Seville, with the Alcázar Palace and the bullring in the nearby town of Osuna featured prominently, leading to a considerable boost in tourism in the region.

Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, also welcomed rising interest in the Mallorca property market, alongside the Marbella Film Festival.

 

http://www.themovechannel.com

 

No need to feel blue – Spain has world’s cleanest beaches

Spain’s beaches were awarded a record-breaking 577 Blue Flags (FEE), denoting cleanliness among a number of factors, with Galicia leading the way.

Every year countries across the world eagerly await the awarding of Blue Flags to their beaches. The Blue Flag is an internationally recognised eco-label that identifies a beach as clean, safe and committed to sustainability, based on strict criteria addressing water quality, environmental education and information, environmental management, and safety and other services.

This year, Spain has once more been awarded more Blue Flags than any other country in the world – 577 in total, up from 573 in 2014. Spain values its reputation as having the world’s best beaches and has topped the league table from the Foundation for Environmental Education (the body that awards the Blue Flags) since it was first launched in 1987.

Sales and marketing director of Spanish homebuilder Taylor Wimpey España, is keen to point out that it is not just mainland Spain which features wonderful beaches.

“The Balearic Islands benefit from some beautiful beaches, particularly Mallorca, which is known the world over for its sheltered coves and gentle, aquamarine waters. Diving, snorkelling and all manner of water-based fun can be had around the island, thanks to tranquil tides and the Mediterranean climate.”

 

http://www.expatica.com

Opt for two wheels to see Mallorca at its best

Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey Espana and resident of Mallorca, comments,

“Mallorca has a thriving property sector and tourism is definitely a key driver of the market here. Second homes on Mallorca are highly prized, particularly by buyers from the UK, Germany and the Nordic countries.”

Not only does Mallorca enjoy stunning coastal scenery and a wealth of water-based activities, from cave tours to wind-sailing, but it also has a rich sporting presence for those who prefer not to get their feet wet. Cycling is particularly popular on the island, as it is in many European destinations. In fact, figures released in 2013 from the European Cyclists’ Federation (ECF) estimated that the impact of cycling in the EU reached well in excess of $265 billion per year, or more than $530 for every person living in the EU.

http://www.easier.com/

Inside Spain’s economy – what’s really going on?

  • Spain to achieve annual growth of 30% (Newton)
  • Unemployment down 2.7% in April (Labour Ministry)
  • 2015 to be ‘pivotal year’ for Spanish property market (PERE)

After years of gloom, the headlines are suddenly full of news about Spain’s bright future. Economic growth projections have been revised upward by Fitch, while Spain has been affirmed at a BBB+ rating. According to the data reviewed by Fitch, Spain’s growth in Q4 2014 reached 2% – higher than that of Germany and out-performing the Eurozone as a whole. Newton Investment Management has even noted that some analysts are predicting Spain to achieve annual growth of 30% over the coming years, making it the largest economy in Europe.

Even the unemployment rate looks to be headed in the right direction, with April seeing a record fall of 2.7%. But for those living and working inside the Spanish economy, is the picture as rosy as the current headlines would seem to imply?

“Well, yes and no!” comments Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España. “Unemployment has fallen sharply, but still stood at 23.8% for the first quarter of the year – so that’s more than one in five people who want to work yet can’t. It’s a stark figure, but actually there does seem to be a sense that the country has turned the corner, certainly among those who run businesses here.

http://www.propertysecrets.net/

Spain home to more Blue Flag beaches than any other country

Spain remains home to more Blue Flag beaches than any other country in the world, as the country holds onto its top ranking.

The Blue Flag is an internationally recognised eco-label that identifies a beach as clean, safe and committed to sustainability, based on strict criteria addressing water quality, environmental education and information, environmental management, and safety and other services.

Spain has always been renowned for its beaches, particularly in the popular Costas. Indeed, Spain has well over a hundred more Blue Flags than its next nearest rival (Turkey, which has 436 Blue Flag beaches). This year, Spain has been awarded 577 Blue Flags in total, up from 573 in 2014  and has topped the league table from the Foundation for Environmental Education since it was first launched in 1987.

http://www.themovechannel.com