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Spain’s construction industry is stirring back to life as data reveals an increase in levels of construction.

According to data from the Ministry of Development, authorised licences to build new properties skyrocketed by 27% in the first nine months of 2017 with the number of new build homes in Spain amounting to 60,695 compared to the same period in 2016.

This increase in the construction sector is another encouraging sign for the Spanish property market. Applications for apartment blocks dominate the new build market being the direct result of the significant return of overseas buyers.

Leading Spanish home builder Taylor Wimpey España, which is marking 60 years of Iberian success this year (1958 – 2018), is leading the way in new-build homes in Spain. In the face of any Brexit uncertainties, Taylor Wimpey España has continued to deliver beautifully designed homes, having completed 301 units last year (349 including Joint Ventures).

“Residential construction is rising once more as demand from overseas buyers continues to strengthen the market. British buyers are once again leading the market’s revival and we plan to extend our portfolio this year with a variety of new developments perfect for those looking for high quality holiday homes in the most popular areas of Spain.”

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España

For 2018, Taylor Wimpey España forecasts to deliver 400 homes to answer to the rising demand for Spanish properties, with sales to British buyers accounting for 19% of all sales for the company last month.

The picturesque Panorama Mar on the Costa Blanca is a prime example of the high-quality properties that are driving the residential construction boom. Just a few metres from the sparkling sea of Punta Prima, the stunning two and three-bedroom beach apartments offer lifestyle buyers everything they could wish for, with prices from just €279,000 + VAT. The development is expected to complete by November 2018.

The Spanish housing market is looking in good shape according to the latest Tinsa data which reveals a 4.5% increase in property values for February 2018 (compared to the same period last year) with the highest growth seen in the Balearic Islands.

Indeed, the Balearics (Mallorca, Menorca, Ibiza and Formentera) recorded average house price growth of 6.8% in the last 12 months whilst prices along the Mediterranean coast continued to grow steadily at 4.4% (Tinsa).

Looking at what, or indeed who, is driving the market onwards and upwards, data from the Spanish Land Registrar’s Association reveals that foreign demand for Spanish property now accounts for 42% of the overall market with Brits buying boltholes abroad accounting for almost 16% of all transactions made by foreign citizens in the final quarter of last year.

It appears that worries over Brexit have had limited impact as UK demand for second homes in Spain rose from 14.7% in Q3 to 15.6% in Q4 last year (Spanish Land Registrar’s Association).

This sentiment is echoed by leading housebuilder, Taylor Wimpey España, celebrating 60 years of trading this year (1958 – 2018), which has revealed that Brits are once again their biggest buyers accounting for almost a fifth of all reservations made in February 2018.

“With Spain now the second most popular tourist destination in the world, it is no surprise to see British holidaymakers and indeed second home buyers, returning in greater numbers this year.

“Property sales to Brits are strong, reclaiming their crown as our number one buyers and we are in fact seeing more and more affluent British citizens looking to place their money outside of the UK, with view to Brexit in April 2019. Spain is deemed a safe heaven and we expect to continue to see ever more British buyers in 2018.”

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España

In terms of where Brits are buying, the latest data from Kyero.com reveals that spacious homes on the largest Balearic island, Mallorca, are in the crosshairs of Brits.

A typical holiday home bought for Brits on the island is a 3-bedroom apartment costing in the range of €250,000 and €500,000. And this precisely what Taylor Wimpey España is offering with their brand-new development, Royal Blue.

Located in Capdepera on Mallorca, the exclusive Royal Blue complex offers contemporary apartments with 3 sizeable bedrooms. From the large terrace, owners can enjoy the fabulous sea views and the spectacular blend of blue and turquoise tones present in the crystalline waters.

From €315,000 + VAT, these new homes are in an ideal area, next to the beach at Cala Mesquida and are within walking distance of local restaurants and amenities.

Interested buyers can find out more about this superb new development by calling 08000 121 020 or visiting http://www.taylorwimpeyspain.com/. (If you reside outside of the UK you will need to call 00 34 971 706 972. 

Alternatively, the Taylor Wimpey España will be available the ‘A Place in the Sun Live’ exhibition this weekend (16th – 18th March) in Manchester.

New first line properties, Punta Prima, Torrevieja

Royal Blue, Cala Mesquida / Capdepera (Mallorca)

  • New Mediterranean style 3-bed apartments
  • All apartments have sea views !
  • Direct access to Cala Mesquida in 200 metres
  • Communal pool and garden
  • Exterior parking included in price
  • Quality finishes and air conditioning
Communal pool and garden in Cala Mesquida
Royal Blue, new apartments close to the beach

In recent years, figures about high levels of air pollution in the UK have raised concerns that air toxicity is having a significant, but neglected, impact on health. Levels of toxic air in the UK have broken EU legal limits every year since 2010.

As air pollution in the UK has become a catastrophic invisible killer, it’s no wonder that 2018 is all about clean breathing with recent the Global Wellness Summit revealing that people are looking for ways to have cleaner environmental practices, by choosing ‘lung-cleansing’ travel destinations for instance.

In line with this healthier behaviour, Brits buying second homes overseas to relocate or retire to are choosing healthier environments. The Iberian Peninsula is the ideal destination for that, with the 2017 World Happiness Report ranking Spain as one of the top 5 countries where people live the longest. Experts remind that clean air is fundamental as air pollution is often associated with reduced life expectancy.

Despite being a country with significant motor traffic which is the main cause of the low air quality in and around Spanish cities, many studies show that Malaga city’s air is amongst the cleanest in Spain. A recent study conducted by Malaga Council revealed that residents can breathe good quality air in 95% of the city.

Always committed to delivering what clients want, Spain’s leading housebuilder Taylor Wimpey España, which has operated successfully in Spain for 60 years (1958-2018), is building eco-friendly homes in Malaga province for those looking to live and breathe clean.

“Regardless of your age, air quality is key for good health so it’s no wonder that we as homebuilders, are responsible for putting measures to protect residents wherever possible. So we build homes with sustainable features and in eco-friendly environments where people can live the healthy Mediterranean lifestyle. “

MarcPritchard, Sales and Marketing Director of Taylor Wimpey España

Located on the Costa del Sol, in one of the most exclusive areas of Benahavis, Malaga the unique Botanic residence is latest Taylor Wimpey Espana’s green development.

The luxury eco-friendly homes are constructed at different ground levels and the buildings, which hold a B energy certificate and use solar panels, are crowned by spacious penthouses with a modern design and spectacular solariums. Prices start from €365,000 + VAT.

The gardens of Botanic are a major part of the design but also aid better health for residents. From purple orchid trees or fiddle leaves (Ficus lyrate) together with more exotic representations such as the drago palm (Dracaena draco), the gardens integrate a variety of plants and indigenous trees from all over the world that purify the air.

“To minimise pollution in homes, experts say that plants are extremely vital in the environment as they absorb CO2 and provide the oxygen needed to breathe. That makes Botanic the perfect healthy residence to live in because it has a unique natural environment which contributes to residents’ good health.”

MarcPritchard, Sales and Marketing Director of Taylor Wimpey España

Botanic is a well-connected residence where serenity and tranquillity reign and golf activities are available within a radius of just 4 km.