Leading Spanish home builder Taylor Wimpey España has revealed details of its latest development in Mallorca – Canyamel Pins. The announcement comes as Savills reports a range of factors that point to apartments increasingly becoming more appealing than villas when it comes to second home ownership.
Just 0.4 km from Canyamel beach and 0.6 km from the 18-hole, par-73 course at Canyamel Golf, Canyamel Pins offers a selection of two- and three-bedroom apartments set in beautiful landscaped grounds complete with communal pool. The Mediterranean design blends with contemporary architecture and impeccable finishes in order to deliver spacious, modern homes with large terraces that are ideal for making the most of Mallorca’s abundant sunshine. Prices start from €342,000 plus VAT.
It has already been a busy year for the Taylor Wimpey España team. When not launching new developments (Canyamel Pins is their fourth so far in 2019), the team have been scaling the mountains of Wales in order to raise money for charity. The Challenge 2019 event saw teams from across Taylor Wimpey compete, with the Spanish delegation coming first in the TRIAL group and raising €5,944 for two good causes: The Youth Adventure Trust in the UK and DEBRA in Spain. Overall, Taylor Wimpey raised £200,000 as a result of its Challenge 2019 events.
“We’re delighted to be launching another Mallorca development, as demand for second homes on the island maintains its momentum. Buyers are keen to experience the very best that Mallorca has to offer, from its superb beaches to its pristine golf courses. That’s why we’ve chosen the location of Canyamel Pins so carefully – so that buyers can enjoy everything at their fingertips.”
Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España
According to Savills’ Impacts: The Future of Global Real Estate report, smaller, cheaper properties have seen a notable increase in demand since 2013. The immediate aftermath of the global financial crisis saw capital-rich buyers focusing intently on prime locations and properties, but the easing of credit conditions over the following years has resulted in buyers looking at a wider range of more affordable locations and property types.
Apartments are particularly well suited to such buyers. Not only do they tend to be more affordable, but the upkeep costs are often lower, not to mention the hassle. Buying on a development where you can lock up and leave your second home and return to it weeks or even months later to find everything in perfect condition is often much more appealing than having to spend the first days of your holiday tackling a garden that has turned into a jungle during your absence.
Savills also points out Spain’s increasing importance as a destination for second home buyers. It now accounts for 21% of all second home sales within Europe, while back in 2011 the figure stood at just 11%. Buyers from Britain, Holland, Germany, Italy and Portugal (among others) all cited Spain as the top foreign destination for their next investment in response to the Savills survey.
“With Canyamel Pins, we’ve listened to what buyers want in property terms, as well as location terms. The apartments have been designed to offer a superb, relaxing holiday experience, from the layout of the rooms and terraces to the thermal and acoustic insulation. They will also work well for those buyers looking for second homes that combine affordability and convenience in a way that villa properties so often struggle to do. The result is, ultimately, more relaxing holidays – which is very much the point of owning a second home!”
Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España
For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.
