Mallorca property market performs well as Taylor Wimpey España launches 2nd Balearic development of 2019

Leading Spanish home builder Taylor Wimpey España has announced its second Mallorca residential property development launch of 2019, just three weeks after revealing details of its Blue Cove site.

The new development – Cala Vinyes Hills II – features 16 exclusive, three-bedroom townhouses in a private setting with a communal pool. Spacious private terraces and gardens provide plentiful access to the Mallorcan sunshine, with prices starting from €619,700 plus VAT.

“Mallorca’s property market is ticking over beautifully right now and demand for homes is far outstripping the existing supply. Foreign buyers are having a notable influence on the market, accounting for some 34% of buyers. They are driving up prices by snapping up homes and thus reducing overall availability. It’s a trend that we anticipate will continue over the coming years, making now a good time to buy for those looking to grow their capital as well as enjoy their second home.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The contemporary townhouses of Cala Vinyes Hills II are located in the prestigious Cala Vinyes area, close to Puerto Portals and Port Adriano, as well as the popular Santa Ponsa, Bendinat, Poniente and Son Vida golf courses. The area’s attractions have proven a strong draw for second home buyers over the past several years, making it a key contributor to the Balearics’ 15,784 real estate transactions that took place during 2018.

The stylish homes of Cala Vinyes Hills II are perfectly attuned to buyers’ desires. Spacious, open plan living areas for cooking, dining and relaxing flow through to well-appointed terraces or gardens, making them ideal for the blended indoor/outdoor lifestyle that is so integral to island living. Interiors have been designed to reflect the cool, natural tones of the local environment, with living spaces exuding a calming feel and bedrooms promoting comfort and relaxation.

“Mallorca buyers are focusing on modern properties that boast stylish interiors, superior outdoor spaces and excellent environmental credentials – all in a prime location. That is precisely what we’re delivering at Cala Vinyes Hills II. The sustained level of demand for such homes is supporting Mallorca’s property stock to grow at as rapid a pace as the local government feels is appropriate, while still respecting the natural environment. This is leading to a stable and continuing increase in prices, as buyers queue up to buy their dream Mallorcan homes.”

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.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.