Rising prices do nothing to deter foreign buyers as business booms in the Costa del Sol

Business is booming on the Costa del Sol, with rising property prices doing nothing to deter buyers from snapping up second homes. Beach properties remain as popular as ever, according to leading Spanish home builder Taylor Wimpey España, while homes on golf courses are particularly sought after at this time of year.

“After the heat of the summer – which this year has been particularly intense, many buyers return to the Costa del Sol to pursue their passion for golf and seek out a suitable property that they can use as a second home. September and October tend to offer a little relief from the heat of mid-summer, as well as being quieter now that the summer holidays have ended. This means that it’s the perfect time for buyers to discover the golf property of their dreams.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Property prices were up by 4.07% in Andalucia in the first quarter of 2018, compared to a year earlier, based on data from Spain’s National Institute of Statistics. The proportion of foreign buyers is also rising, up from 28% in Q1 2017 to 31% in Q1 2018 for the Costa del Sol.

Horizon Golf: building follow up

For many of those buyers, golf properties such as those at Taylor Wimpey España’s Horizon Golf are top of the wish list. Available from €435,000 plus VAT, the ample homes are situated on the Costa del Sol’s beautiful La Cala Resort, within the famous Campo Asia golf course in the Valley of Mijas. As well as access to the superb golfing amenities, buyers at the private, gated development also enjoy the use of a large communal pool and carefully landscaped gardens.

Golf has risen in popularity to the point that 208 of the world’s 245 nations now have golf courses, according to the R&A’s Golf Around the World report. Demand for golf homes has inevitably risen as a result.

“One of the many benefits of buying a golf property in the Costa del Sol is that its use is far from limited to just golfing. Take our Green Golf homes as an example. Not only do they provide incredible golf course access and views, there’s also a superb spa on site and a fantastic beach just 3km away. This means that the homes are not just suitable for golfers, but also for the non-golfing members of their family and friends.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Green Golf: overview

Such flexibility means that golfers can look forward to using their second home not just for their own ends, but also to create plenty of cherished family holiday memories. With Sports Marketing Surveys reporting that the golfers who play at least once a week have an average age of 63, a home that appeals to grandchildren as well as to golf-loving adults clearly has its advantages.

With their superb views and easy access to pristine golf courses, Costa del Sol golf homes are well positioned to take advantage of the increasing proportion of foreigners who are buying properties there. And with prices steadily rising, those buyers an reasonably expect to enjoy healthy capital growth as the icing on the cake.

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.

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