Interest in Spanish real estate from Scandinavian nations is rising steadily as life in sunny southern Spain draws buyers from colder climes.
Swedish buyers, especially those looking for a second home in Spain, have increased in recent years now ranking amongst the top 5 nationalities of foreign purchasers according to leading Spanish homebuilder Taylor Wimpey España.
Total sales to Swedish nationals in 2017 were up 6% and now account for 10% of all purchases made with Taylor Wimpey España.
This data comes in line with recent report from Knight Frank which states that Spain is forecast to trump the UK as a favoured investment location in 2018, with the company’s Marbella office seeing Scandinavian buyers accounting for 80% of all sales of luxury developments in 2017.
Easy direct access to many parts of Spain has particularly fuelled foreign property investment in recent decades. And as Swedes are one of the world’s best travelled nations, Scandinavian low-cost agency Primera Holidays is establishing an arm in the UK to offer new trips to popular destinations in Spain, making the region a hotspot for even more buyers in 2018.
Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España, which has operated successfully in Spain for 60 years (1958-2018), and his team now translate all property brochures and contracts into Swedish as a matter of course and for the last four years have a Swedish version of Taylor Wimpey España website to meet demand.
“Spain’s economy is the fastest growing in the Eurozone, bringing greater confidence back the property market and thus attracting demand from North European countries. Over the last few years, we have seen a real boost from Swedish buyers especially.
“Many Swedish buyers are looking at other destinations than their beloved Costa Blanca, choosing the island of Mallorca for example with the new Bahia Sant Pere development being very high demand.”
MarcPritchard, Sales and Marketing Director of Taylor Wimpey España
Designed in a Mediterranean architectural style with typical colour render, the apartments at Bahia Sant Pere are surrounded by ample communal gardens with two swimming pools and uninterrupted views over the sea or towards the highest peaks of the Serres de Llevant.
The development is quite unique on Mallorca, boasting a superb location in the unspoiled north east with selling prices very affordable from 221,500€ + VAT for a brand new, two bed apartments. The phrase 3 is now for sale.
