Just like foods, clothes, brands and more, holiday destinations go in and out of fashion with the passing of the years. Spain has been the favourite country for Brits to visit almost every year since the 1960s, but within Spain, different areas have gained and lost in the popularity stakes over the years. This is true not just for those holidaying in Spain, but for those buying second homes there as well.
“We saw a major influx of expats back in the 1970s and many of those moving to Spain from the UK chose to settle in the upscale Sotogrande area. Over the years, Sotogrande slowly fell out of fashion, but now it’s back with a vengeance! There are some beautiful new homes springing up in this area, with demand driving the development of a new wave of luxury dwellings.”
Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España
Leading Spanish home builder Taylor Wimpey España is one of those focusing on Sotogrande – already famous for its hosting of the Ryder Cup and numerous polo tournaments – and its appeal to a new generation of expats. The company has just announced the beginning of construction work on Pier – a €23 million development that will include as first phase of 56 apartments. Sited around the stunning marina (hence the development’s name), the homes will offer superb views, as well as spacious, stylish interiors.
The fact that 30% of the Pier homes have been reserved in the four months that it has taken for the Spanish authorities to approve the development’s building licence says much about Sotogrande’s resurgence. British buyers are leading the charge, accounting for 50% of the Pier reservations. Tinsa’s recent IMIE local markets report also flagged up San Roque, where Sotogrande is located, as one of the most favoured municipalities in the region.
“Taylor Wimpey España has been building in Spain for 60 years, so we are well positioned to understand what buyers are looking for when it comes to Spanish homes. We’ve poured all of that expertise into the design of Pier, which is going to be one of our most impressive developments to date.”
Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España
Pier will offer two- and three-bedroom apartments, with the option for buyers to purchase two and transform them into ultra-luxurious four- or five-bedrooms homes. The building of this first phase should take just under two years, with apartments delivered to owners in Q3 2020. The homes are priced from €398,000 plus VAT.
For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.
