Despite economic contraction and a 3% fall in the overall number of real estate transactions, foreign second home buyers just can´t get enough of Spanish property.
The region not only remains one of the most popular tourism destinations in Spain but also a second home hotspot, with the increase of sales reflecting buyer demand not just from the UK but across the globe.
Indeed, as has been recently reported, a huge number of foreign buyers have descended on the Costas to find their perfect second home. According to Vicente Dómine, Head of the Housing and Public Works Department of the regional government in the Costa Blanca, the purchase of homes in the region by foreign citizens accounted for 29% of the total number sold in Spain, a rise of 32% on 2011.
Marc Pritchard, Sales and Marketing Director for Taylor Wimpey España comments,
“The rise in demand for second homes which we have seen on the Costa Blanca over the last 12 months is very encouraging. Enquiry rates have steadily been returning to pre-recession levels and as the market picks up we are building once again.
“Our latest frontline development, La Vila Paradis, Villajoyosa on the Costa Blanca caters to buyers’ needs providing a clean, comfortable and stylish property, a beach on your doorstep, year round sunshine and with new airlines opening up daily routes from all over the world direct to the Costa Blanca, your own piece of paradise is easily accessible within just a few hours!”
Indeed Taylor Wimpey España’s commitment to the Costa Blanca has been welcomed by officials in the area attending the inauguration of La Vila Paradis last Friday.
The brand new La Vila Paradis apartments enjoy a stunning location on the beachfront in Villajoyosa, a picturesque Spanish fishing town, world renowned for its delicious chocolate! These unique apartments of 2 or 3 bedrooms and 2 bathrooms, are built to the highest specification and enjoy beautiful views over the Paraíso Beach, the Mediterranean Sea, the pool and private gardens of the development all from 249.000 Euros.
For more information on buying property in the Costa Blanca, Costa del Sol and Mallorca contact Taylor Wimpey España today on 08000 121 020, +34 971 70 69 72 (from outside the UK)