Today’s outlook for housing in Spain is bright with the country’s real estate market causing international buyers to sit up and take notice
Latest data from Tinsa presents strong evidence of the Spanish housing recovery with the average price of finished housing in Spain increasing by 3.8% in first quarter of the year, compared to the same period in 2017.
The same report states that the greatest demand comes for housing on the Spanish coasts where Taylor Wimpey Espana has been operating for 60 years (1958 – 2018).
Indeed, whilst the recovery is at its strongest in different regions, including the capital Madrid, but data from Sociedad de Tasacion (ST) suggests that price increases are becoming more widespread across the nation. Consequently, buyers in search of the perfect holiday home, are increasingly moving to secondary cities and locations to find affordable properties.
With this in mind, the Spanish coasts, especially the Costa Blanca and the Costa del Sol, are in the spotlight with Taylor Wimpey España launching not one but four new projects this spring in answer to rising demand for holiday homes.
“When buying a holiday home in Spain, location is always a key factor. That is the reason why we spend a lot of time at Taylor Wimpey España focused on building quality houses in the right areas. We do not think about just building houses, but rather seek is to create the perfect home in the perfect location where owners can enjoy the environment to the fullest.”
Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España
Le Caprice is a prime example. The exclusive residence located on the Costa del Sol comprises 14 penthouses, apartments and duplexes with 3 bedrooms that have everything residents need to enjoy the Mediterranean life. The south-west facing project enjoys spectacular views over La Quinta golf course, making the development a unique destination for golf lovers. Prices start from €550,000 + VAT.
The second new development on the Costa del Sol is the exclusive Royal Banus. It may be located next to the casino in Marbella but these 6 luxury penthouses with solarium and 18 modern contemporary apartments with 2 and 3 bedrooms and two bathrooms are no gamble! Prices start from €490,000 + VAT and the complex is set to be completed for Q4 2019.
Further north on the Costa Blanca, Kiruna Residencial is located in the town of Elche (Alicante) in an environment surrounded by nature and golf courses. The complex of 3-bedroom townhouses combines the Alenda Golf course with a livelier beachfront nightlife easily accessible in just 15 minutes. The homes also include a garden, private parking and access to a communal swimming pool, club house and supermarket. Prices start from €165,000 + VAT. The houses are scheduled to be delivered for June 2019.
Finally, Royal Blue is a modern Mediterranean style residential complex comprised of 17 homes and located next to the beaches Cala Molto and Cala Agulla at Cala Mesquida where residents can enjoy the fabulous sea views. The development has a communal pool and gardens for owners. Each home has a private garden and penthouses provide solarium terraces. Prices start from €315,000 + VAT.
