New figures have revealed that despite the tough economic climate, Spain remains the EU’s top holiday destination. Eurostat, the Statistical Office of the European Union, found that in 2011 13% of all outbound trips within Europe where made to Spain with Italy and France coming in joint second place. These figures do not include holidaymakers outside of the EU however and total visitor numbers are likely to be much higher.
With almost 10% of the nation’s GDP deriving from tourism, this news will no doubt be welcomed by Spaniards. Furthermore with buoyant tourism sectors often driving local property markets, it’s no wonder that ever more foreign nationals are looking to purchase Spanish property. According to statistics from the Bank of Spain international property investment in Spain grew by 17% to more than 5,445 million euros in 2012.
Sales and Marketing Manager for leading Spanish house builder Taylor Wimpey España comments,
“For us, Russians take the top spot of biggest property purchasers followed closely by Scandinavian buyers. Russian interest in particular has increased dramatically over the last year. On the Costa del Sol alone, 45% of the total sales this year have been from both Scandinavian and Russian buyers.”
“Marbella in particular is one of the most popular places for foreign nationals to buy property in Spain. Here at Taylor Wimpey España we have experienced a 300% year-on-year increase in sales in the area, proving that demand for Spanish real estate shows little sign of abating anytime soon, with non-residents of the country increasing their market share for six consecutive quarters now.”
It really is little surprise that Marbella is popular both as a holiday and second home destination. Occupying a perfect location between the mountains and award-winning beaches, as well as offering warm temperatures long after the summertime crowds have departed with world class golf courses, excellent shopping, delicious Andalucían dishes and a beautiful historic centre, Marbella is hard to beat.
For those on the hunt for the perfect Spanish property on the Costa del Sol why not take a look at what Taylor Wimpey España has to offer?
Affording 2 bedroom apartments and 3 bedroom penthouses, the development has two large communal swimming pools, landscape gardens and external private parking all built to the highest standard with first-class finishes including an Italian designed kitchens from just €178,000.
Avalon is a new Taylor Wimpey España development situated in one of the best areas of Marbella, the prestigious Los Arqueros golf course, and 20 minutes from Estepona. This residential complex boasts luxury apartments and penthouses of 2 and 3 large bedrooms with 2 bathrooms and luxury finishes. The properties have a natural charm with stunning sea and golf views, wide streets, communal swimming pool and beautiful gardens all from €250,000.
Contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.
