Historically the Costa Blanca was the preferred place to purchase Spanish property at a bargain price but the tides have now changed and both the glamorous Costa del Sol and Mallorca are attracting not just the traditional British and German buyers but savvy Scandinavians looking for that dream home in the Spanish sun.
Indeed, Spanish property portal, Kyero.com’s latest analysis of Scandinavian enquiries to the site reveals exactly what these buyers are looking for. Throughout H1 2013 51% of people were seeking properties priced between €50,000 and €150,000. Further analysis shows that across Spain, half were looking for apartments whilst 32% desired a 2 bedroom property and 55% requested a swimming pool.
Marc Pritchard,Sales and Marketing Director for Taylor Wimpey España comments,
“The market has changed dramatically compared to pre-crisis times; our buyers now come from over 20 different countries with the Scandinavians playing a much greater role this year more than ever. Here at Taylor Wimpey España we have seen an overall 125% increase in Scandinavian buyers (Jul 2013 compared to the same month last year) with a 150% y-o-y increase in buyers choosing the Costa del Sol and a further 250% increase on Mallorca.
“Our Norwegian buyer numbers have rocketed by 225% compared to last year and our Swedish buyers by 267% but interestingly in terms of locations, it seems that Scandinavian buyers are looking more to the Costa del Sol and Mallorca then the traditional favourite of the Costa Blanca.”
However, Scandinavian buyers are not just purchasing homes for holiday use; increasing number are relocating, saying goodbye to colder climes and viva España!
In recent years a number of Scandinavian supermarkets have popped up across Spain and there is a Swedish language local newspaper circulating around the Costa del Sol as well as a Swedish primary school on the Balearic island of Mallorca catering to a high demand of Scandinavian expats living in both areas.
So why not join the growing number of Scandinavians snapping up properties in the Spanish sunshine and make your stay more permanent with Taylor Wimpey España?
