With the financial crisis making real estate in Spain more affordable than ever, the number of people looking to snap up a bargain Spanish property is ever increasing.
Indeed, the volume of foreigners buying property in Spain has increased by 18.0% from last year as reported by online Spanish news portal, Invertia.
Marc Pritchard, Sales and Marketing Manager for Taylor Wimpey España commented,
“Improvement of sales in the Spanish property market has primarily come from developments in coastal areas such as Andalucía, with buyer’s request´s to live in close proximity to a beach coming top of the list followed closely by a golf course.
“In November 2012 alone we saw sales increase 144% compared to October. Here at Taylor Wimpey España we are able to meet the needs of customers not only because many of our properties are located in these popular areas but because we can deliver high quality properties for every budget.”
According to the Kyero Spanish House Price Index H1 2012, Alicante and the Costa Blanca continue to be the most attractive areas for foreign buyers with Malaga following closely behind, generating almost 20% of enquiries.
The most popular properties enquired about were apartments (35%) followed by villas (30%) and in terms of size, both 3-bed properties and 2-bed properties were of equal appeal to foreign buyers, each with 32% of total enquiries.
Current conditions show that Spain is truly a buyer´s market – good news for the 35 per cent of UK adults (HiFX.co.uk) looking to buy a property abroad within the next one to two years.
Property buyers wishing to soak up the sun in the Costa del Sol should look no further than La Floresta de le Mairena.
Costing from just 178.000€ at only 4% VAT until the end 2012, these 2 bed apartments set in beautiful surroundings, boasting 2 swimming pools, landscaped gardens and stunning views towards the oak and pine forest as well as towards the sea, provides everything a potential buyer could want and more.
