Britons return to sun, sea, sand and Spain
Taylor Wimpey, which has offered discounts of about 30 per cent on some properties, said that 75 per cent of buyers of its apartments, which cost about €200,000 for a two-bedroom flat, were executives aged between 35 and 50 with children. Interest had been strongest in the Costa del Sol, particularly in and around Marbella, as well as the Balearic islands. The group sold one third of its newest development, just outside Marbella, offplan within a month of launching the scheme, a performance that it said was “significantly ahead of expectations”.
Foreign buyer surge splits Spanish market
Building restrictions in Marbella over the last few years have kept stock levels relatively low, while a glut of homes has emerged in other destinations on the Costa del Sol. Total property sales in the city have risen to their highest level in four years, research from the tax office shows.
Developer Taylor Wimpey de Espana has seen first quarter sales to foreign buyers at its Marbella project rise by 150% compared to the same period last year. And it’s a similar picture in Mallorca, where sales have risen 200%.
“The British know Andalucia and Mallorca are premium locations and are taking advantage of interesting current prices,” said sales and marketing director, Victor Sagué.
“In areas like Mallorca and Marbella the offer is quite limited already. Costa Blanca is absolutely different. There is a lot of oversupply and therefore developers are reducing prices to keep selling.”
Via opp.org.uk – Full document (pdf, 26Kb)
A surge in sun seekers
THE Easter weekend saw a surge in British people interested in buying property in Spain, according to a report from Taylor Wimpey Espana.
There was a 40 per cent jump in the number of appointments to view Spanish homes over the Easter weekend this year compared to last year, with interest particularly strong for property in the Costa del Soland the Balearics.
Surge of interest in Spain
Taylor Wimpey Espana, the leading UK developer in the Spanish market has reported a significant rise in interest from British buyers seeking to buy holiday homes in Spain. Easter has traditionally witnessed a surge in interest from the UK market, April being just behind July as the best month for sales in Spain, but this year has seen a noticeable jump in enquires and sales…
Investors and lifestyle buyers taking advantage of Spanish house prices
“The British know Andalucia and Mallorca are premium locations and are taking advantage of interesting current prices,” developer Taylor Wimpey de Espana’s sales and marketing director Victor Sague told OPP.
“In areas like Mallorca and Marbellathe offer is quite limited already. Costa Blanca is absolutely different. There is a lot of oversupply and therefore developers are reducing prices to keep selling.”
Earlier this year, A Place in the Sun predicted that Spainwas the best destination for property investment in 2010.
Via: www.propertyshowrooms.com
Taylor Wimpey Espana reports surge of interest from UK buyers
Taylor Wimpey Espana, the leading UKdeveloper in the Spanish market has reported a significant rise in interest from British buyers seeking to buy holiday homes in Spain. Easter has traditionally witnessed a surge in interest from the UK market, April being just behind July as the best month for sales in Spain, but this year has seen a noticeable jump in enquires and sales.
Taylor Wimpey Espana reports surge of interest from UKbuyers
Taylor Wimpey Espana, the leading UKdeveloper in the Spanish market has reported a significant rise in interest from British buyers seeking to buy holiday homes in Spain. Easter has traditionally witnessed a surge in interest from the UK market, April being just behind July as the best month for sales in Spain, but this year has seen a noticeable jump in enquires and sales.