FBD Hotels and Resorts has agreed a €100 million joint venture with Taylor Wimpey to expand its golf resort on Spain’s Costa del Sol.
The agreement will result in Taylor Wimpey, the construction company, building 280 houses and apartments at the Irish-owned 1,000-acre golf resort in the Spanish province of Málaga.
The agreement is the fourth such joint venture agreement between the two companies at the La Cala Golf Resort.
Housebuilder Taylor Wimpey Spain comments: “We have witnessed the marked growth of those of retirement age choosing to relocate. We now receive more the double the number of enquiries from this demographic than we did 10 years ago, a trend which the ONS data also reflects.
A number of the Mallorca’s top golf courses – and marinas – are in the Santa Ponsa and Puerto de Andratx area, just 25 minutes from Palma on the island’s more expensive west coast. These include Golf Santa Ponsa I, II and III, Golf de Andratx, Golf de Poniente and Bendinat Golf. Here, one more affordable new development – relative to the location – is Serenity in Nova Santa Ponsa, located next to Golf Santa Ponsa III
Indeed, more than 4,000 happy clients can testify their satisfaction, with 98 per cent stating that they would buy again from Taylor Wimpey España.
“By involving the team that have worked firsthand on the sites and know the areas inside out, the naming of Taylor Wimpey España developments has become very personal and speaks volumes for the feel of the homes on sale,”
Ana Garcia Maldonado is leading Spanish developer Taylor Wimpey España’s highly experienced head of interior design who has worked independently with developers for almost 15 years.
Interest in Spanish real estate from Northern Europe has steadily increased in recent months, as the country’s sunny southern coast draws in investors from colder, cloudier climates. Indeed Swedish buyers are now among the top 3 nationalities of foreign purchasers, according to the latest data from leading Spanish homebuilder Taylor Wimpey España.
“Buying a Spanish property from Taylor Wimpey España means more than investing in a stunning home in a great location, it means you’ll be calm and carefree”.
That’s the commitment made by Taylor Wimpey España, the Spanish arm of one of the UK’s leading and most trusted housebuilders, established almost 60 years ago in 1958.
This month will see the return of Taylor Wimpey‘s annual Charity Challenge as employees from across the UK and Spain take part in a weekend filled with testing trekking with two teams in the Tizzie Wizzie Challenge set in the beautiful Lake District.
“It is wonderful to once again see the Comunidad Valencia receive the most awards in Spain with 129 Blue Flags. Alicante and its award-winning beaches is a hotspot for holiday makers and those looking to buy a holiday home in Spain,” says Taylor Wimpey España.
Taylor Wimpey España‘s most recent data reveals that German buyers are returning to Spain at an increasing rate.
Overall, total sales by German buyers in 2016 increased by 40% compared to the previous year.