Why developers are banking on Spain’s prime appeal

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.

http://www.opp.today/why-developers-are-banking-on-spains-prime-appeal/

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