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.
https://www.blaujournal.com/german-buyers-soak-spanish-sun-sales-soar-40/
With this in mind, Taylor Wimpey España recently launched two new developments. The first is located in the prestigious area of Cala Vinyes, in the south west of Mallorca, just 15 minutes from the island’s vibrant capital city, Palma. The exclusive marinas Puerto Portals and Port Adriano are also close by, providing a wide variety of elegant bars and restaurants, as well as the most exclusive designer stores.
https://www.propertyguides.com/spain/news/spain-tops-tourism-league-mallorca-favoured-easter-breaks/
Taylor Wimpey has three-bedroom townhouses at Brisas de Alenda Golf, 15 minutes from both Alicante airport and the coast. Two-storey with terraces and private gardens, they start at £127,000 plus VAT.
Providing the idyllic setting for a holiday home, leading Spanish homebuilder Taylor Wimpey España, offer a beautiful selection of properties on Mallorca with something to suit the requirements of each individual. Their most recent addition to the landscape, only a short 20 minute drive from the Son Sant Joan airport, is the gorgeous Cala Vinyes Hills.
http://www.abode2.com/palma-airport-to-receive-upgrade-as-mallorca-remains-destination-of-choice/
Taylor Wimpey España, is excited about what opportunities the AENA investment could bring to the island and is looking forward to welcoming a growing number of visitors to Mallorca. He comments: “We have certainly experienced a growing interest in property on Mallorca as it becomes a prominent must-visit destination for travelers from across the globe. And it’s fantastic that Mallorca is enjoying such a boom in its reputation as a filming location.”
http://www.themovechannel.com/magazine/property-investment/mallorcan-property-sales-surge-
Providing the idyllic setting for a holiday home, leading Spanish homebuilder Taylor Wimpey España offers a beautiful selection of properties on Mallorca with something to suit the requirements of each individual. Their most recent addition to the landscape, only a short 20-minute drive from the Son Sant Joan airport, is the gorgeous Cala Vinyes Hills.
http://homesandtravel.co.uk/2017/03/14/mallorcas-palma-airport-to-receive-extensive-upgrade/
“Spain has long been a favoured location for British retirees looking to spend their golden years on the golf course or on the beach, with clement weather, a low cost of living and a welcoming expat community,” comments Taylor Wimpey España
http://www.themovechannel.com/magazine/moving-and-relocation/brexit-drives-brits-to-look-overseas/
Spanish housebuilder Taylor Wimpey España has seen its completions surge by 21 per cent in the last year, highlighting the building momentum of the market’s recovery.
Leading UK homebuilder, Taylor Wimpey has released end of year results for 2016 that highlight the significant progress being made by Taylor Wimpey España in the Spanish property market.
The ongoing strength of Spain’s tourism sector echoes the positive picture being painted by the housing market’s recovery, with Taylor Wimpey España seeing an order book increase of 8.5 per cent year-on-year, and and completions up 21% on 2015 figures.
http://www.themovechannel.com/magazine/travel-and-tourism/spain-enjoys-record-year-tourism/
Taylor Wimpey España, the renowned housebuilder which has operated successfully in Spain since 1958, has observed first-hand the rising numbers of both flights and passengers entering Spain by air over the last year.
Taylor Wimpey Espana, believes that Spain is a safe haven for overseas buyers and its popularity will continue to build throughout 2017.
nly a short distance from the airport, keeping the time between airside and poolside to a minimum, is leading Spanish homebuilder Taylor Wimpey Espana’s beautiful new beachfront apartments in Punta Prima.
http://www.living4golf.com/airside-to-poolside-new-flights-from-across-the-uk-to-spain/
Taylor Wimpey Espana has continued growth in the business as ‘the Spanish market continued to be positive’ during 2016.
http://www.living4golf.com/taylor-wimpey-espafia-continues-growth/
In comparison to the previous year, the leading Spanish homebuilder experienced growing interest from Belgian buyers, representing 13 per cent of all Taylor Wimpey España reservations made in 2016.
http://www.themovechannel.com/magazine/stories/belgian-buyers-heading-to-spain/
Taylor Wimpey España has confirmed an encouraging trend within the Spanish property market’s recovery with the leading homebuilder seeing sales on the Costa Blanca rise by a significant 91% last year.
http://bristolpropertylive.co.uk/Article/sun-shines-on-the-costa-blanca-as-property-sales-soar#
Leading Spanish homebuilder, Taylor Wimpey España, has today announced continued growth in the business as ‘the Spanish market continued to be positive’ during 2016.
With short haul flights from the UK to Spain proving the most popular routes in Europe, Taylor Wimpey España is ready to accommodate this winter sun demand with the launch of a new residential phase on the La Recoleta III development on the border of Orihuela Costa and Torrevieja
https://www.costablancapeople.com/news/uk-spain-flight-market-ranked-largest-in-europe/
With properties across the Costa Blanca, Costa del Sol, Mallorca and Ibiza, Taylor Wimpey España is the name that has become synonymous with new homes in the key tourist and second home locations in Spain. Having been building award-winning homes that complement the natural beauty of the regions in which they’re prevalent since 1958, the company prides itself on exceeding customers’ expectations.
http://www.opp.today/playa-del-ingles-tops-spanish-property-website-searches/
Taylor Wimpey España has continued growth in the business as ‘the Spanish market continued to be positive’ during 2016. The company, which has been building homes in Spain for over 50 years, released figures that show an increase in the total order book, as at 31 December 2016, of 8.5% to 293 homes at the close of the year.
https://www.property-magazine.eu/taylor-wimpey-espa-a-continues-growth
La promotora Taylor Wimpey ha hecho entrega a Cáritas la cantidad de 5.000 € fruto de la recaudación obtenida con la celebración del Torneo de Golf y Comida solidaria celebrada hoy sábado 3 de Diciembre en Los Arqueros Golf, cantidad que irá destinada a paliar las deficiencias de las familias más desfavorecidas de las zona en estas fechas previas a la Navidad.
Spanish homebuilder Taylor Wimpey España confirms that it has experienced “an influx of interest” for the Costa Blanca region, prompting the launch of its newest phase of development at the Brisas de Alenda Golf residential complex in Elche, Alicante.
Taylor Wimpey Espana, comments, “Not only are more people visiting Spain but many are now being wooed by its charm and staying longer than before. The Costa Blanca continues to be an extremely popular area for prospective buyers, with many making a number of visits before final decisions are made on property.”
Leading Spanish homebuilder Taylor Wimpey España have certainly experienced an influx of interest for the Costa Blanca region and have this week launched their newest phase of development at the Brisas de Alenda Golf residential complex in Elche, Alicante.
Taylor Wimpey España, a leading Spanish home-builder, has also noticed a connection between the rise in visitor numbers to the country and an increase in foreign demand.
http://www.rrmarbella.com/news/visitor-numbers-and-foreign-property-purchases/
Sales and marketing director of Spanish homebuilder, Taylor Wimpey España, told OPP.Today: “The demand from tourists to Spain wanting to buy property there is increasing, as statistics from the National Statistics Institute reveal a correlation between the top nationalities visiting the country and the top nationalities purchasing property.”
http://www.currenciesdirect.com/en/uk/news/demand-for-spanish-property
“Tourists going on to buy property in Spain is a growing trend that is set to increase further during 2017. Although not identical to the statistics shown above, Taylor Wimpey España’s top buyer nationalities from January to August 2016 are German, British and Scandinavian, with Belgium buyers ranking fourth, drawing a definite parallel between those visiting Spain and those looking to purchase a more permanent piece of the Spanish pie.”
http://www.opp.today/link-between-tourism-and-house-sales-in-spain/
FBD Hotels & Resorts has announced a €55m development at its La Cala Resort in southern Spain.
The development at La Cala Resort is in partnership with Taylor Wimpey Spain, the Spanish subsidiary of UK based housebuilder Taylor Wimpey.
Spanish developer Taylor Wimpey España, has observed the popularity of holiday homes with spa facilities rising.
“From speaking with potential buyers seeking their ideal holiday home, it’s becoming increasingly common that developments with spa facilities sway their decision to buy. With 21st century living becoming gradually more stressful, it seems that more and more people are opting to spend their free time in the most relaxing and tranquil environment possible.
“Holiday homes with spa facilities are a luxury that owners are thoroughly enjoying and paying a premium to purchase.”
Taylor Wimpey España is launching a new development in the region to cater to this growing demand. The promotion, called Arenal Dream, consists of 47 two and three bedroom apartments in residential complex with communal gardens and a pool.
http://www.spanishpropertyinsight.com/2016/10/03/taylor-wimpey-espana
Taylor Wimpey España:
“We have certainly experienced a growing interest in property on Mallorca as it becomes a prominent must-visit destination on the international stage. As popularity for the island continues to grow, we are determined to provide an array of high quality properties in locations that reflect the best of Mallorca’s culture as well as its coastline.”
http://www.rightmove.co.uk/overseas-magazine/have-you-got-the-balearic-bug-yet
To take advantage of golf’s growing influence upon the region’s international appeal, Taylor Wimpey España are teeing off a new addition to their Horizon Golf community. Situated in the Valley of Mijas, Horizon Golf is Taylor Wimpey de España’s second development at La Cala, introducing two and three bedroom apartments to the resort as well as luxurious penthouses.
Leading Spanish homebuilder, Taylor Wimpey España, has revealed today that they ‘remain cautiously optimistic’ for the future of Spain’s real estate landscape and expect to make ‘good progress for the year as a whole.’
The company, which has been building homes in Spain for over 50 years, released figures that show a substantial increase in the total order book, as at 3 July 2016, of 29.5% to 399 homes.
http://www.financedigest.com/taylor-wimpey-espana-remain-cautiously-optimistic
Taylor Wimpey Espana, offer a beautiful selection of properties on Mallorca with something to suit the requirements of each individual. Their most recent addition to the landscape is the gorgeous Bahia Sant Pere. The development is a Mediterranean-inspired residential complex situated in the traditional north east coastal village of Colonia de Sant Pere, perfect for those wanting a more rural escape for their second home.
http://Mallorca becomes most sought after destination for 2016 as sales soar by 39%
The south-west of Majorca is where holiday homes come with million-pound price tags. Villages such as Andratx and Portals have become international brands, famous for sleek, ultra-modern villas built into the cliffs and elegant, immaculately renovated rural stone fincas.
Taylor Wimpey España is selling three-bedroom townhouses with a communal pool from £473,600 at Marina Golf. The village is next to Santa Ponsa’s golf courses and a mile from Port Adriano.
Leading Spanish homebuilder, Taylor Wimpey España is delighted with the results and have witnessed a surge of interest in seafront properties accompanying the Blue Flag announcement
Taylor Wimpey attributes the boom in residential construction directly to the “significant return” of overseas buyers to the Spanish market. The Costa del Sol is reportedly proving most popular, with almost half of buyers choosing to purchase their property in that region.
http://www.themovechannel.com/magazine/property-investment/british-buyers-of-spanish-property
Brits now make up approximately 10 per cent of the population which is probably in line with other tourist areas in Spain. But it’s house prices that have seen the most explosive growth.
The homebuyers keep coming too; 22,500 Britons now live on the island, while another 35,000 are thought to own holiday homes, according to the developer Taylor Wimpey España.
According to the most recent data revealed by leading Spanish homebuilder, Taylor Wimpey España, the total year-to-date sales to April have risen in comparison to last year, with British buyers increasing by 48 per cent.
http://www.builderandengineer.co.uk/news/british-second-home-buyers-boost-spanish-construction
Spain is still the world’s best for beaches, as the country remains home to the highest number of Blue Flag awards.
Blue Flag beaches are judged on four different categories: water quality, safety and services, environmental management, and environmental education and information.
Leading Spanish homebuilder Taylor Wimpey España, has a beautiful selection of properties on the island, with something to suit each individual buyer. Experiencing a rise in demand for property in Mallorca, Taylor Wimpey España have expanded their sun kissed portfolio further with the newBahia Sant Pere. This newest development is a Mediterranean-inspired residential complex situated in the traditional north east coastal village of Colonia de Sant Pere, perfect for those wanting a more rural setting for their second home.
La Cala Golf Resort is home to a professional football camp. The facilities attract the world’s top teams: FC Porto (Portugal), Atlante FC (Mexico), Anderlecht (Belgium), Dynamo Moscow (Russia) and the English U-21 squad. Horizon Golf is a gated development within the resort, offering 55 three-bedroom villas. Residents also have the use of a spa, pool, communal gardens and the sports facilities.
http://www.everythingoverseas.com
As Spain’s popularity as a holiday destination continues to grow, we have certainly noticed an influx of interest in the second home market with a definite increase from prospective Irish buyers,” comments Taylor Wimpey España
http://www.themovechannel.com/magazine/stories/spanish-tourism
Spain is the third most popular market in Europe among real estate investors. Spain as the number three destination on the continent among professional investors, behind only Germany and the UK.
Spanish homebuilder Taylor Wimpey España has just revealed details of its newest frontline development, Panorama Mar, situated on the Punta Prima beach.
http://www.themovechannel.com/magazine/property-investment/spain
Taylor Wimpey España announces completion of new apartments on two exclusive developments in Mallorca
Taylor Wimpey España has recently announced the completion of brand new apartments to enjoy this summer, on two of their exclusive developments on the island.
THE PROPERTY GROUP owned by Farmers Business Developments (FBD) expects buyers from the UK, Scandinavia and Belgium to snap up most of the properties it plans to build at a resort in Spain.
The move is part of a joint venture with Taylor Wimpey Spain, the Spanish subsidiary of British-based FTSE 100 company Taylor Wimpey.
FBD Property and Leisure Ltd (FBDPLL), the hotels and property company now solely owned by Farmer Business Developments, is to further develop one of its resorts in the south of Spain. It will form a €40m joint venture with Taylor Wimpey plc, one of the largest house-building companies in the UK, to develop the well-known La Cala Resort.
Taylor Wimpey Espana says: a potential Brexit has yet to impact Spain.
“Most Spanish people are too preoccupied with hanging on to their jobs to worry about a UK exit, and very few of the Brits I have met recently mention it,” he says.
“Even if Britain did leave Europe it wouldn’t stop Brits buying and living here. We sell to over 30 different nationalities including those outside the UK such as Russia, the Ukraine and the Middle East. I’m not aware of any difficulties for them getting visas to live in Spain, or registering with the tax authorities here.”
Taylor Wimpey España offers properties in Costa Blanca, Costa del Sol, Mallorca and Ibiza.
As more and more people look to buy a home in this wonderful country, we will continue to deliver properties of the highest quality and with accompanying services that provide the very best for our loyal and increasing client base. We look forward to an even more successful 2016, for both Taylor Wimpey España and the Spanish market.”
Leading Spanish homebuilder, Taylor Wimpey España, this week announced a continued growth in business due to a ‘meaningful improvement in the Spanish market in 2015’.
But when it comes to spending €200k or more, it has to be island living, says Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España. A resident of the Balearic Islands himself, Marc explains, “There’s nothing like owning property in an island location for achieving ultimate relaxation, which is precisely what a holiday home should provide. For many people the sea has a calming effect and Mallorca’s plentiful restaurants, shops, beaches, golf courses and marinas really do offer something to suit all tastes.”
Taylor Wimpey España offers a range of stunning holiday homes on Mallorca, from two bedroom apartments with direct beach access from €235k at Costa Beach, to spectacular frontline townhouses with cliff top communal infinity pool from €625k at Cala Magrana Mar.
Mallorca certainly has good cause to protect its natural environment. As well as having a social and moral responsibility to do so, the positive impact to the island’s tourism of maintaining pristine waters should not be underestimated. Mallorca has been a popular mass tourism destination since the 1950s, as Taylor Wimpey España’s observes: “Mallorca has that signature combination of sun, sea and sand that makes it the ideal holiday destination. For decades visitors have been flocking to the island’s shores, many of them choosing to return repeatedly or even, like me, stay for good.”
Spain has enjoyed a record-breaking summer, with some 54.4 million foreign visits in the first nine months of 2015, up 3.8% on the year before, according to the Industry, Energy and Tourism Ministry. But now that the summer season is at an end and the holidaymakers are back at work in their home countries, has Spain accepted that the rush of visitors is over for another year?
Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey Espana, comments, “Spain is a great destination for shopping, whether it’s in the run-up to Christmas or at any other time of year. In the south of the country, Alicante is a particularly attractive destination when it comes to high-end clothes and luxury items like watches and jewellery. There’s a wide variety of choice, from huge shopping malls to tiny boutique stores.”
The Costa Blanca is one of Spain’s most popular coastal areas thanks to its delightful blend of white sandy beaches, sunshine and delicious local food. With the New Year rapidly approaching, leading Spanish homebuilder Taylor Wimpey Espana has revealed its predictions for the Costa Blanca for 2016.
“2016 is looking like it could be a bumper year for the Costa Blanca,” comments Marc Pritchard, Taylor Wimpey Espana’s Sales and Marketing Director. “We’re expecting the area to benefit from Spain’s increasing visitor numbers and also from local initiatives like the attention being paid to golf tourism to really give tourist numbers a boost.”
For second home owners from countries such as the UK, better weather is often a draw and Spain is a perennially popular choice of location for such a purchase. Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, comments,
“UK buyers have a long-term love of Spain when it comes to second home ownership. The beauty of areas like the Costa Blanca, with its seemingly endless stretches of white sand and glorious sunshine, exerts a charm that gets under the skin. Buying a second home there represents a significant shift in lifestyle – it’s about enjoying more of what Europe, and life, has to offer.”
Buying a second home can also be a shrewd financial move, particularly in times of record low interest rates. When buying overseas, it’s always a good idea to purchase a home directly from a reputable developer with a strong track record. Doing so means you know what you are buying into in terms of quality, which is particularly important when purchasing a home in another country.
British buyers have been too busy in their domestic property market in the past but now are setting their sights on other countries, especially in Europe, Vanya Damyanova reports
Who is buying?
Everyone agrees demand is high and the markets are busy but who are the buyers? Are Brits flocking to other European markets just to secure a nice buy-to-let return, are they looking for a second home for the holidays or for a quiet retirement nest?
Taylor Wimpey España says: “We find that the majority of our buyers are families looking to holiday together or retired people.”
Spain has enjoyed a record-breaking summer, with some 54.4 million foreign visits in the first nine months of 2015, up 3.8 per cent on the year before, according to the Industry, Energy and Tourism Ministry.
Even with the summer season over, though, the value of Christmas shopping in luring customers from overseas has certainly not been lost on the Iberian country, as Deputy Prime Minister Soraya Saenz de Santamaria explains:
Sales and Marketing Director of homebuilder Taylor Wimpey España, which has launched homes near the retail hub of Alicante, comments: “Spain is a great destination for shopping, whether it’s in the run-up to Christmas or at any other time of year. In the south of the country, Alicante is a particularly attractive destination when it comes to high-end clothes and luxury items like watches and jewellery. There’s a wide variety of choice, from huge shopping malls to tiny boutique stores.”
http://www.themovechannel.com/
Even though Spain’s National Statistics Institute (INE) indicate prices are creeping up they are still some 30 per cent lower than before the property crash in 2008, which makes the region an excellent choice for retirees seeking a bargain re-sale or a brand new build.
Buyers can also expect higher quality new villas and apartments now from house builders like Taylor Wimpey Spain which is rolling out developments in prime locations, using quality materials, offering lots more space and choosing designs that won’t date.
Today’s buyers in Spain can also expect greater transparency, unlike previous owners, some of whom were stung by corrupt mayors, unscrupulous lawyers and illegal builds on agricultural land. Even so that does not mean you can avoid doing your due diligence.
Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, was one of those eagerly awaiting the Caminito del Rey’s reopening. He comments,
“There’s so much more to the Costa del Sol than one at first realises. It’s not just about sunshine and beaches – though of course it has both of those in abundance! There are also plenty of fascinating cultural and historical attractions here. So many in fact that visitors are often taken aback by how much there is to do. Several of our second home owners have seen exploring more of the area’s attractions as one of their key reasons for buying in the Costa del Sol.”
La Floresta Sur, in Elviria, close to Marbella, is an ideal base for getting to know the Costa del Sol. The spacious, open plan apartments are available from just €192,000 for two bedrooms, with owners able to enjoy the two large communal swimming pools and pretty, landscaped grounds. Large terraces with sweeping views are perfect for appreciating the area’s gorgeous scenery, from the scented forest of oaks and pines to the dazzling shimmer of the sea.
Buyers can also expect higher quality new villas and apartments from house builders likeTaylor Wimpey Spain which is rolling out developments in prime locations using quality materials, offering lots more space and choosing designs that won’t date.
Attractive low prices and the strong pound are encouraging our British folks to buy Spanish holiday homes. According to the Independent, the Spanish land registry has released some data that shows that more Britons are taking advantage of the economic trend compared to any other nationality. Home is the Costa del Sol and the Costa Blanca cheaper to buy, thus they are the popular choice. The data also shows that the Euro has weakened against the pound from about 80p, to a little over 70p in 12 months.
Rapidly rising prices in the UK while the price growth in Spain is slow also make Spanish property attractive to British buyers. In a data prepared by the Colegio de Registradores, it was shown that 19.8 per cent of all assets bought by foreigners in the first six months of 2015 went to UK buyers. In the recent years, it was the Russians who have bought large numbers of Spanish holiday homes but sanctions and Russian economic conditions have slowed down investment of Russians in the Spanish property market.
According to Marc Pritchard, the Majorca-based sales and marketing director of Taylor Wimpey España that develops homes in popular coastal areas, “The British market is by far the most important. There are several factors at play, but people are starting to realize that after years of the Spanish housing market being depressed, it is beginning to pick up.”
According to reports in The Independent newspaper, British property investors are taking full advantage of a weak euro in Spanish property markets in 2015, with one fifth of all foreign purchases in the country being snapped up by savvy buyers capitalising on the significantly increased purchasing power of the pound.
New figures published by the Spanish land registry show that Britons, more than any other nationality are taking advantage of a combination of favourable economic factors. In the last 12 months, the euro has fallen from around 80p to the pound to just over 70p, making holiday homes in the Spanish Costas more appealing to British buyers.
Slow price growth in Spain, coupled with rapidly rising property prices in the UK – in some instances by more than 10% a year – mean that Spanish property is making less of a dent in Britons’ wallets. In a report published by the Colegio de Registradores, 19.8% of all property bought by non- Spanish buyers in the first six months of 2015 went to UK buyers. German and other northern Europeans are stymied by the weak euro, while buyers from Russia and China have reduced activity in Spain’s property markets after being hit by sanctions or weakening domestic economies.
As many as 750,000 Britons live in Spain for at least part of the year. “The British market is by far the most important,” said Marc Pritchard, the Majorca-based sales and marketing director of Taylor Wimpey España, which develops homes in popular coastal areas. “There are several factors at play but people are starting to realise that after years of the Spanish housing market being depressed, it is beginning to pick up.”
https://www.propertyshowrooms.com/
For much of the Noughties, Spain experienced strong economic prosperity and the housing market flourished, with Brits migrating to the country in their droves. But the Spanish property market has gone through a turbulent period in recent years, mirroring the state of the Spanish economy, with prices having plummeted nationwide due to the economic downturn and a chronic oversupply of properties caused by excessive housebuilding, presenting Britons with a once-in-a-lifetime opportunity to purchase property in Spain at rock-bottom prices.
However, with market conditions now improving as the country embarks on the long road to recovery, and with Sterling also performing well versus the Euro, now really is an ideal time to negotiate a bargain-basement Spanish property purchase. That’ll explain why the sale of Spanish homes to international purchasers is rapidly increasing, according to the Spanish National Statistics Institute (INE), as a growing number of buyers flock back to Spain for real estate with a view to snapping up the best value homes Spain has seen for than a decade.
Marc Pritchard, sales and marketing director for leading Spanish housebuilder, Taylor Wimpey España, comments: “More buyers are taking advantage of favourable exchange rates and reduced Spanish house prices to purchase their dream second home abroad.”
Moreover, for the first time in several years, domestic demand in Spain is also beginning to gather pace.
“We are very confident in the Spanish market going forward and are moving ahead with the development of a number of our Spanish sites,” adds Javier Ballester, also of Taylor Wimpey España.
Organised trip like these are a significant investment in money and time for the agent. So today, many agents will have a long list of questions before they will start booking your flights, designed to ascertain if you are really ready to buy.
Julian Walker at Spot Blue in Turkey feels that is only fair: “we are committing a lot of time and resources, so it seems reasonable to expect that people are upfront about where they are in the buying journey. Are they in a position to buy? Is the decision-maker going to be there? If the clients are serious we would certainly be willing to offer an inspection trip.”
Taylor Wimpey España take a similar approach, at £149 for one person and £169 for a couple, but only after ensuring that the buyers are ready.
“Most of our clients do plenty of homework before they get to us,” says Sales and Marketing Director Marc Pritchard, “normally via the internet and through contacting us, some do buy without visiting the site at all. But this generally works when the client knows the area quite well and knows what to expect. Inspection trips are there if buyers need them.”
Britons are buying a fifth of all Spanish property sold to foreigners, as moribund prices and a strong pound make holiday homes in the sun more appealing.
According to new figures released by the Spanish land registry, Britons, more than any other nationality, are taking advantage of a combination of favourable economic factors. The euro has fallen from about 80p to the pound, to a little over 70p in 12 months, making homes in popular areas such as the Costa del Sol and the Costa Blanca cheaper to buy.
As many as 750,000 Britons live in Spain for at least part of the year. “The British market is by far the most important,” said the Majorca-based sales and marketing director of Taylor Wimpey España, which develops homes in popular coastal areas. “There are several factors at play, but people are starting to realise that after years of the Spanish housing market being depressed, it is beginning to pick up.”
APARTMENT sales are soaring across Spain but rural holiday homes remain empty and unwanted
In the past 12 months, 80% of all properties sold in Spain were flats and apartments, up 28% on the previous year.
This has led leading property developer Taylor Wimpey to declare ‘The rural holiday villa’s days are numbered’.
“Buyers are much more discerning than they used to be when it comes to property type and location,” said Marc Pritchard, Sales & Marketing Director at Taylor Wimpey España.
“Remote, isolated villas are falling out of favour as second homeowners’ demands have changed.”
Spanish property sales have surged this year, according to new figures, as buyers continue to pounce on attractive conditions. With prices increasing too, the market as a whole is on the up – and Costa Blanca is leading the way.
Spanish property sales have surged this year, according to new figures, as buyers continue to pounce on attractive conditions. The number of transactions surged 13.9 per cent in the second quarter of 2015, according to the Minister of Public Works, the sixth quarter of year-on-year growth in a row and the second best quarter since 2010.
The seven-year record exchange rate between the pound and the euro has helped to boost interest from British buyers, while low prices accompanied by the promise of looming recovery have also improved the country’s appeal. Indeed, Spain was the most the popular country on TheMoveChannel.com in August 2015 for the third month running, accounting for over 1 in 10 enquiries.
The number of Britons buying abroad plunged after the financial crisis but the strong pound and relatively buoyant UK economy are making a home in the sun look more affordable.
Sky-high UK house prices have given many homeowners enough spare equity to fund an overseas purchase, while mortgage finance is cheap.
Clare Nessling, director at overseas mortgage specialists Conti, says: “Spain remains top of the list for British buyers, accounting for roughly half of our enquiries.”
The Costa Blanca is the number one destination for Spanish sunseekers, followed by the Costa del Sol, Balearic Islands, such as Majorca, and the Canaries.
Nessling adds: “The Spanish property market is on the up again after a tough few years and British investors are rediscovering their love for this beautiful country.”
Spanish property sales have risen for the last 18 months, according to the Ministry of Public Works and Transport
Second quarter volumes rose 13.9% over the previous three months, according to The Ministerio de Fomento, the sixth quarterly increase running.
Non-nationals living in Spain notched up 17.2% of sales and to non-resident foreign buyers 5%. Alicante topped overseas purchases at 4,141, Málaga 2,517, Barcelona 1,470, Madrid 1,173 and Tenerife 1,099.
The latest figures from the Association of Property Registrars also suggested the Spanish real estate prices are rising, with a 5.12% annual increase to June 2015, the biggest rise since the downturn.
Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, warns the rises are patchy.
“There are vast differences across Spain in terms of the property market’s recovery. Some areas, particularly coastal resorts that are popular with foreign buyers, are showing a marked recovery in prices and a really healthy market. Other regions are still struggling to turn their markets around though, so you need to do your homework regarding where to buy.”
Euro can save a lot on your property by paying attention to currency exchange rates and that’s no lira.
That is the message experts have for British buyers, as weaker currencies overseas boost their spending power abroad.
In Spain, a two bedroom apartment on the Costa Blanca, such as the key-ready properties at Brisas de Alenda Golf available from Taylor Wimpey España, costs €155,000, which equates to £112,198. Just one year ago, using data from xe.com, the same property would have cost £121,040. Five years ago, the cost would have been £133,683.
Exchange rates can have a big impact on the global property market. Whether purchasing a property for personal use or as an investment, beneficial exchange rates can lead to buyers getting a lot more for their money.
The value of the euro against the pound is an excellent example. A two bedroom apartment on the Costa Blanca, such as the key-ready properties at Brisas de Alenda Golf, available from leading Spanish homebuilder Taylor Wimpey Espana costs €155,000, which equates to £112,198 (this and all subsequent exchange rates are based on data as of 22/9/15 from xe.com). Just one year ago, the same property would have cost £121,040. Five years ago, the cost would have been £133,683.
Germans are buying more property in Mallorca, according to agents, as foreigners continue to prove essential to Spain’s real estate recovery.
The area of Mallorca has always been popular with international tourists, as the Balearic island’s sandy shores offer stunning scenery and sumptuous food. But while Mallorca attracted more than a million Brits this summer, it was the Germans who just couldn’t get enough of what the island had to offer: so far in 2015, German visitors have accounted for more than 40 per cent of all foreigners to visit Mallorca, according to data from Ibestat, the statistics institute of the Balearic Islands.
Sales and Marketing Director of Spanish homebuilder Taylor Wimpey España, is one German who loved the island so much that he couldn’t bear to leave. He is not alone in his passion: August data from the company shows a 160 per cent year to date surge in sales to German buyers, almost all of whom have opted for a second home on Mallorca.
Buying a second home may be a cheaper option for going on holiday in Spain than booking a hotel room, new data from Spanish homebuilder Taylor Wimpey España has revealed.
The company’s sales and marketing director explains, “Obviously we know all about the many advantages of owning a second home in terms of lifestyle benefits and convenience, but it is fascinating to see now that for the average buyer it actually works out to be more cost effective to buy a holiday apartment than to pay for hotel rooms. Yet another reason to buy that overseas property you’ve always dreamed of!”
The Balearic Islands saw the biggest increase in sales – up 37.4 per cent year-on-year – while Extremadura led the decreases with a fall of 9.8 per cent.
British buyers are at the front of the international charge, according to Spanish homebuilder Taylor Wimpey España, thanks to the strong spending power of the pound. German, Scandinavian and Belgian buyers also “contributed significantly” to the rise in sales.
In total, August 2015 saw sales double for the builder year-on-year, with five of the firm’s developments selling out completely.
“Early phases of four others have also sold out,” adds Sales and Marketing Director Marc Pritchard, who says it has been a “really good” summer.
“It’s been at least five years since I’ve experienced such an intense level of enthusiasm for Spanish property. August was the icing on the cake – sales figures hit twice the levels that they did the year before.”