As the Spanish summer heatwave continues, so too does the growing optimism surrounding its real estate market. According to the most recent findings published by Ernst & Young, Spain is now one of the top ten countries in the world most attractive to prospective investors.
The ‘Real Estate, Hospitality and Construction Capital Confidence Barometer’ report revealed Spain has climbed seven places to be ranked ninth amongst the top countries of greatest interest to investors looking to make an acquisition in the upcoming months. This substantial rise up the ranks has led to Spain overtaking destinations including France and Italy.
And it seems that savvy investors are already seeking out real estate within the Spanish market, as the latest figures from the National Statistics Institute (INE) show that residential property sales increased by 23.6% in May this year. These numbers are the highest recorded since January 2013, confirming the confidence being placed in the current property landscape.
Having observed the market for over twenty years, Marc Pritchard, Sales & Marketing Director for leading Spanish homebuilder Taylor Wimpey España, joins those who are confident in the future of Spanish real estate. He explains,
“Momentum is definitely building within the Spanish property sector and I think we can say that this season, in all terms, is looking to be one of the best in many years, if not the best ever for Spain and the Islands.”
Taylor Wimpey Espana’s latest opportunity is the beautiful sea front development, Panorama Mar, situated on Punta Prima Beach close to the beautiful town of Torrevieja. A Joint Venture project with Grupo Gomendio, this private residential complex offers an array of 2 and 3 bedroom apartments, all designed for both comfort and convenience, with 2 bathrooms and an underground parking space and storeroom.
With prices starting from just €234,000+VAT, every resident will be able to use the three communal swimming pools and Jacuzzi facility, as well as being granted direct access to the beach promenade. Each apartment in the first phase is south facing and therefore blessed with spacious terraces and stunning views over the Mediterranean Sea.
Whilst being an area of natural beauty right on the waterfront, Punta Prima is also blessed with excellent transport links. The San Javier Airport in Murcia is only a 30 minute drive and Alicante’s International Airport is just 45 minutes away.
For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://taylorwimpeyspain.com. If you reside outside of the UK you will need to call 00 34 971 706 972.
