Taylor Wimpey España has seen buyer budgets’ rise over the past 18 to 24 months by an average of 10 per cent. Today a Taylor Wimpey España home in Spain will cost on average (£350,000). In total, the leading British developer completed nearly 30 per cent more properties across Spain in H1 2017 than H1 2016, and grew their order book by nearly 2 per cent.
According to Taylor Wimpey España, which has been selling homes in Spain for almost 60 years, the rise is primarily accounted for by the sale of properties within more luxurious (and hence expensive) new developments to affluent overseas buyers.
Marbella and Mijas are in the top three, only beaten by Torrevieja, in Alicante, according to leading homebuilder Taylor Wimpey. While, Torrevieja topped the charts thanks to its beaches and affordable homes, Marbella and Mijas were very close behind.
Whether it’s a detached villa, a stylish penthouse or simply a duplex perfect for a retreat, the Spanish second home market attracts all types but increasingly its more affluent buyers that are seeking that dream place in the Spanish sun.
Taylor Wimpey Espana:“When it comes to who is moving and living in Spain, over the last decade we have witnessed the marked growth of those of retirement age choosing to relocate. We now receive more than double the number of enquiries from this demographic than we did 10 years ago, a trend which the ONS data also reflects.”
For buyers, location is crucial however. Over the summer, Spain’s leading homebuilder Taylor Wimpey Espana has seen particular interest from British buyers in these four favourite spots.
The new Horizon Golf complex typifies the high-end properties buyers can purchase in Mijas. In partnership with FBD Hotels and Resorts, Taylor Wimpey Espana has unveiled a new phase of this development comprised of 2 and 3 bedroom terraced homes, which boast breathtaking views over the famous Campo Asia golf course.
Taylor Wimpey España, which has been building in Mallorca for six decades, has seen huge success in the Marina Golf and Bahia San Pere new developments.
And with average prices of €415,000 across the island, Taylor Wimpey Espana can still offer two-bedroom apartments for around €215,000 at the north-east resort of Bahia San Pere.
Spain is the most popular location among those looking to buy an overseas property, according to Zoopla.
This three-bedroom apartment in Spain’s Andalusia is currently for sale on the property portal.
It comes with a south-facing terrace, sea views and underground parking. It can be bought directly from the developer Taylor Wimpey Espana.
According to Taylor Wimpey Espana, the property market in Spain is not only recovering, it is booming! “A decade on from the crisis and Spain’s property market is not only back on its feet but thriving. The appeal of owning a second property in Spain, be it to enjoy holidays with friends and family or to relocate, has endured. I have no doubt the country will welcome another record year of international investment.”
Taylor Wimpey España – the Spanish arm of British home builder Taylor Wimpey Plc – and the Irish hotel and resort promoter FBD, are reportedly planning to invest €125 million over the next ten years in La Cala Resort (Mijas Costa, Costa del Sol, Malaga, Andalusia), developing more than 600 homes, a four star hotel with sports facilities and spa, and 3 eighteen hole golf courses.
WORK to some houses on a 600-property development in La Cala de Mijas are expected to be completed within months, according to organisers.
The project, which is backed by British developer, Taylor Wimpey Plc, and La Cala Golf, will see the existing golf course turned into the biggest housing development in Andalucia over the next 10 years.