“It is wonderful to once again see the Comunidad Valencia receive the most awards in Spain with 129 Blue Flags. Alicante and its award-winning beaches is a hotspot for holiday makers and those looking to buy a holiday home in Spain,” says Taylor Wimpey España.
http://www.themovechannel.com/magazine/travel-and-tourism/spain-the-worlds-best-for-beaches/
Taylor Wimpey España‘s most recent data reveals that German buyers are returning to Spain at an increasing rate.
Overall, total sales by German buyers in 2016 increased by 40% compared to the previous year.
https://www.financedigest.com/german-buyers-soak-up-the-spanish-sun-as-sales-soar-40.html
Highly respected in the real estate industry, Taylor Wimpey is developing two Costa del Sol projects associated with golf courses: Botanic, offering views over Los Arqueros; and Horizon Golf, in La Cala Golf Resort.
With this in mind, Taylor Wimpey España recently launched two new developments. The first is located in the prestigious area of Cala Vinyes, in the south west of Mallorca, just 15 minutes from the island’s vibrant capital city, Palma. The exclusive marinas Puerto Portals and Port Adriano are also close by, providing a wide variety of elegant bars and restaurants, as well as the most exclusive designer stores.
https://www.propertyguides.com/spain/news/spain-tops-tourism-league-mallorca-favoured-easter-breaks/
Taylor Wimpey has three-bedroom townhouses at Brisas de Alenda Golf, 15 minutes from both Alicante airport and the coast. Two-storey with terraces and private gardens, they start at £127,000 plus VAT.
Providing the idyllic setting for a holiday home, leading Spanish homebuilder Taylor Wimpey España, offer a beautiful selection of properties on Mallorca with something to suit the requirements of each individual. Their most recent addition to the landscape, only a short 20 minute drive from the Son Sant Joan airport, is the gorgeous Cala Vinyes Hills.
http://www.abode2.com/palma-airport-to-receive-upgrade-as-mallorca-remains-destination-of-choice/
Taylor Wimpey España, is excited about what opportunities the AENA investment could bring to the island and is looking forward to welcoming a growing number of visitors to Mallorca. He comments: “We have certainly experienced a growing interest in property on Mallorca as it becomes a prominent must-visit destination for travelers from across the globe. And it’s fantastic that Mallorca is enjoying such a boom in its reputation as a filming location.”
http://www.themovechannel.com/magazine/property-investment/mallorcan-property-sales-surge-
The Sales and Marketing Director of Taylor Wimpey Spain is excited about the opportunities that the AENA investment could bring to the island and is looking forward to welcoming a growing number of visitors to Mallorca.
https://insuremyvilla.com/blog/mallorca-to-see-travel-boost-as-palma-airport-undergoes-upgrade/
Providing the idyllic setting for a holiday home, leading Spanish homebuilder Taylor Wimpey España offers a beautiful selection of properties on Mallorca with something to suit the requirements of each individual. Their most recent addition to the landscape, only a short 20-minute drive from the Son Sant Joan airport, is the gorgeous Cala Vinyes Hills.
http://homesandtravel.co.uk/2017/03/14/mallorcas-palma-airport-to-receive-extensive-upgrade/
“Spain has long been a favoured location for British retirees looking to spend their golden years on the golf course or on the beach, with clement weather, a low cost of living and a welcoming expat community,” comments Taylor Wimpey España
http://www.themovechannel.com/magazine/moving-and-relocation/brexit-drives-brits-to-look-overseas/
Spanish housebuilder Taylor Wimpey España has seen its completions surge by 21 per cent in the last year, highlighting the building momentum of the market’s recovery.
Leading UK homebuilder, Taylor Wimpey has released end of year results for 2016 that highlight the significant progress being made by Taylor Wimpey España in the Spanish property market.
The ongoing strength of Spain’s tourism sector echoes the positive picture being painted by the housing market’s recovery, with Taylor Wimpey España seeing an order book increase of 8.5 per cent year-on-year, and and completions up 21% on 2015 figures.
http://www.themovechannel.com/magazine/travel-and-tourism/spain-enjoys-record-year-tourism/
Taylor Wimpey España, the renowned housebuilder which has operated successfully in Spain since 1958, has observed first-hand the rising numbers of both flights and passengers entering Spain by air over the last year.
Taylor Wimpey Espana, believes that Spain is a safe haven for overseas buyers and its popularity will continue to build throughout 2017.
nly a short distance from the airport, keeping the time between airside and poolside to a minimum, is leading Spanish homebuilder Taylor Wimpey Espana’s beautiful new beachfront apartments in Punta Prima.
http://www.living4golf.com/airside-to-poolside-new-flights-from-across-the-uk-to-spain/
Taylor Wimpey Espana has continued growth in the business as ‘the Spanish market continued to be positive’ during 2016.
http://www.living4golf.com/taylor-wimpey-espafia-continues-growth/
“Good flight connections and short transfer times put you at an advantage when letting your home in the sun, and destinations such as the Costa Blanca and Costa del Sol are hard to beat for that.”
Just a 25-minute drive from San Javier in the friendly Costa Blanca resort of Punta Prima is Taylor Wimpey España’s new beachfront development of La Recoleta. Two and three-bedroom apartments with private terraces and Mediterranean views are waiting to be snapped up by eager buyers!
In comparison to the previous year, the leading Spanish homebuilder experienced growing interest from Belgian buyers, representing 13 per cent of all Taylor Wimpey España reservations made in 2016.
http://www.themovechannel.com/magazine/stories/belgian-buyers-heading-to-spain/
Taylor Wimpey España has confirmed an encouraging trend within the Spanish property market’s recovery with the leading homebuilder seeing sales on the Costa Blanca rise by a significant 91% last year.
http://bristolpropertylive.co.uk/Article/sun-shines-on-the-costa-blanca-as-property-sales-soar#
The Sales and Marketing Director for homebuilder Taylor Wimpey España and long-term Spanish resident, explains the attraction of Spain as a second home destination: “The relaxed lifestyle of sea, sunshine and siestas is what draws many Brits to Spanish shores.
https://insuremyvilla.com/blog/spains-better-quality-of-life-lures-second-home-buyers/
Leading Spanish homebuilder, Taylor Wimpey España, has today announced continued growth in the business as ‘the Spanish market continued to be positive’ during 2016.
Taylor Wimpey España’s latest figures highlight an encouraging trend within the Spanish property market’s recovery with the homebuilder seeing sales on the Costa Blanca almost double last year.
http://www.themovechannel.com/magazine/property-investment/costa-blanca-property-sales-soar-91pc/
With short haul flights from the UK to Spain proving the most popular routes in Europe, Taylor Wimpey España is ready to accommodate this winter sun demand with the launch of a new residential phase on the La Recoleta III development on the border of Orihuela Costa and Torrevieja
https://www.costablancapeople.com/news/uk-spain-flight-market-ranked-largest-in-europe/
Taylor Wimpey Espana, believes that Spain is a safe haven for overseas buyers and its popularity will continue to build throughout 2017
With properties across the Costa Blanca, Costa del Sol, Mallorca and Ibiza, Taylor Wimpey España is the name that has become synonymous with new homes in the key tourist and second home locations in Spain. Having been building award-winning homes that complement the natural beauty of the regions in which they’re prevalent since 1958, the company prides itself on exceeding customers’ expectations.
http://www.opp.today/playa-del-ingles-tops-spanish-property-website-searches/
Taylor Wimpey España has continued growth in the business as ’the Spanish market continued to be positive’ during 2016. The company, which has been building homes in Spain for over 50 years, released figures that show an increase in the total order book, as at 31 December 2016, of 8.5% to 293 homes at the close of the year.
https://www.property-magazine.eu/taylor-wimpey-espa-a-continues-growth
International real estate developer Taylor Wimpey handed over a cheque for €5,000 to the Cáritas organisation as the proceeds of a special tournament at Los Arqueros to commemorate the Seve Ballesteros-designed course’s 25th anniversary.
The funds raised will be used by the charity to help under-privileged families in the lead-up to Christmas. Taylor Wimpey regional manager Ignacio Oslé formally presented the cheque to Mercedes Agüera, president of Cáritas Virgen del Rócio.
Spanish homebuilder Taylor Wimpey España confirms that it has experienced “an influx of interest” for the Costa Blanca region, prompting the launch of its newest phase of development at the Brisas de Alenda Golf residential complex in Elche, Alicante.
Taylor Wimpey Espana, comments, “Not only are more people visiting Spain but many are now being wooed by its charm and staying longer than before. The Costa Blanca continues to be an extremely popular area for prospective buyers, with many making a number of visits before final decisions are made on property.”
Leading Spanish homebuilder Taylor Wimpey España have certainly experienced an influx of interest for the Costa Blanca region and have this week launched their newest phase of development at the Brisas de Alenda Golf residential complex in Elche, Alicante.
Taylor Wimpey España, a leading Spanish home-builder, has also noticed a connection between the rise in visitor numbers to the country and an increase in foreign demand.
http://www.rrmarbella.com/news/visitor-numbers-and-foreign-property-purchases/
Sales and marketing director of Spanish homebuilder, Taylor Wimpey España, told OPP.Today: “The demand from tourists to Spain wanting to buy property there is increasing, as statistics from the National Statistics Institute reveal a correlation between the top nationalities visiting the country and the top nationalities purchasing property.”
http://www.currenciesdirect.com/en/uk/news/demand-for-spanish-property
“Tourists going on to buy property in Spain is a growing trend that is set to increase further during 2017. Although not identical to the statistics shown above, Taylor Wimpey España’s top buyer nationalities from January to August 2016 are German, British and Scandinavian, with Belgium buyers ranking fourth, drawing a definite parallel between those visiting Spain and those looking to purchase a more permanent piece of the Spanish pie.”
http://www.opp.today/link-between-tourism-and-house-sales-in-spain/
FBD Hotels & Resorts has announced a €55m development at its La Cala Resort in southern Spain.
The development at La Cala Resort is in partnership with Taylor Wimpey Spain, the Spanish subsidiary of UK based housebuilder Taylor Wimpey.
Spanish developer Taylor Wimpey España, has observed the popularity of holiday homes with spa facilities rising.
“From speaking with potential buyers seeking their ideal holiday home, it’s becoming increasingly common that developments with spa facilities sway their decision to buy. With 21st century living becoming gradually more stressful, it seems that more and more people are opting to spend their free time in the most relaxing and tranquil environment possible.
“Holiday homes with spa facilities are a luxury that owners are thoroughly enjoying and paying a premium to purchase.”
The number of Swedes purchasing second homes in Spain has doubled, according to the latest data from leading Spanish housebuilder Taylor Wimpey España.
https://insuremyvilla.com/blog/swedes-are-snapping-up-second-homes-in-spain/
Taylor Wimpey España is launching a new development in the region to cater to this growing demand. The promotion, called Arenal Dream, consists of 47 two and three bedroom apartments in residential complex with communal gardens and a pool.
http://www.spanishpropertyinsight.com/2016/10/03/taylor-wimpey-espana
Taylor Wimpey España:
“We have certainly experienced a growing interest in property on Mallorca as it becomes a prominent must-visit destination on the international stage. As popularity for the island continues to grow, we are determined to provide an array of high quality properties in locations that reflect the best of Mallorca’s culture as well as its coastline.”
http://www.rightmove.co.uk/overseas-magazine/have-you-got-the-balearic-bug-yet
To take advantage of golf’s growing influence upon the region’s international appeal, Taylor Wimpey España are teeing off a new addition to their Horizon Golf community. Situated in the Valley of Mijas, Horizon Golf is Taylor Wimpey de España’s second development at La Cala, introducing two and three bedroom apartments to the resort as well as luxurious penthouses.
Leading Spanish homebuilder, Taylor Wimpey España, has revealed today that they ‘remain cautiously optimistic’ for the future of Spain’s real estate landscape and expect to make ‘good progress for the year as a whole.’
The company, which has been building homes in Spain for over 50 years, released figures that show a substantial increase in the total order book, as at 3 July 2016, of 29.5% to 399 homes.
http://www.financedigest.com/taylor-wimpey-espana-remain-cautiously-optimistic
Taylor Wimpey Espana, offer a beautiful selection of properties on Mallorca with something to suit the requirements of each individual. Their most recent addition to the landscape is the gorgeous Bahia Sant Pere. The development is a Mediterranean-inspired residential complex situated in the traditional north east coastal village of Colonia de Sant Pere, perfect for those wanting a more rural escape for their second home.
http://Mallorca becomes most sought after destination for 2016 as sales soar by 39%
Taylor Wimpey España is delighted that Mallorca has been ranked so highly as a sought after destination and is excited for more people to discover the beauty of the island.
“We have certainly experienced a growing interest in property on Mallorca as it becomes a more prominent must visit destination on the international stage. As popularity for the island continues to grow, we are determined to provide an array of high quality properties in locations that reflect the best of Mallorca’s culture as well as its coastline.”
https://insuremyvilla.com/blog/mallorca-one-of-the-most-sought-after-destinations-of-2016/
The south-west of Majorca is where holiday homes come with million-pound price tags. Villages such as Andratx and Portals have become international brands, famous for sleek, ultra-modern villas built into the cliffs and elegant, immaculately renovated rural stone fincas.
Taylor Wimpey España is selling three-bedroom townhouses with a communal pool from £473,600 at Marina Golf. The village is next to Santa Ponsa’s golf courses and a mile from Port Adriano.
Taylor Wimpey says: “Tapas has become a symbol of Spanish culture and is enjoyed by diners all over the world. The variety of dishes means there is something for everyone, from the traditional favourites to new, more daring creations. When visiting Spain, those with access to their own kitchen facilities can take full advantage of the local produce available, in order to create a personalised tapas menu”.
https://insuremyvilla.com/blog/celebrate-world-tapas-day-with-spains-culinary-delights/
Leading Spanish homebuilder, Taylor Wimpey España is delighted with the results and have witnessed a surge of interest in seafront properties accompanying the Blue Flag announcement
According to the most recent data revealed by leading Spanish homebuilder, Taylor Wimpey España, the total year-to-date sales to April have risen in comparison to last year, with British buyers increasing by 48 per cent.
http://www.builderandengineer.co.uk/news/british-second-home-buyers-boost-spanish-construction
Spain is still the world’s best for beaches, as the country remains home to the highest number of Blue Flag awards.
Blue Flag beaches are judged on four different categories: water quality, safety and services, environmental management, and environmental education and information.
Leading Spanish homebuilder Taylor Wimpey España, has a beautiful selection of properties on the island, with something to suit each individual buyer. Experiencing a rise in demand for property in Mallorca, Taylor Wimpey España have expanded their sun kissed portfolio further with the newBahia Sant Pere. This newest development is a Mediterranean-inspired residential complex situated in the traditional north east coastal village of Colonia de Sant Pere, perfect for those wanting a more rural setting for their second home.
La Cala Golf Resort is home to a professional football camp. The facilities attract the world’s top teams: FC Porto (Portugal), Atlante FC (Mexico), Anderlecht (Belgium), Dynamo Moscow (Russia) and the English U-21 squad. Horizon Golf is a gated development within the resort, offering 55 three-bedroom villas. Residents also have the use of a spa, pool, communal gardens and the sports facilities.
http://www.everythingoverseas.com
As Spain’s popularity as a holiday destination continues to grow, we have certainly noticed an influx of interest in the second home market with a definite increase from prospective Irish buyers,” comments Taylor Wimpey España
http://www.themovechannel.com/magazine/stories/spanish-tourism
Spain is the third most popular market in Europe among real estate investors. Spain as the number three destination on the continent among professional investors, behind only Germany and the UK.
Spanish homebuilder Taylor Wimpey España has just revealed details of its newest frontline development, Panorama Mar, situated on the Punta Prima beach.
http://www.themovechannel.com/magazine/property-investment/spain
THE PROPERTY GROUP owned by Farmers Business Developments (FBD) expects buyers from the UK, Scandinavia and Belgium to snap up most of the properties it plans to build at a resort in Spain.
The move is part of a joint venture with Taylor Wimpey Spain, the Spanish subsidiary of British-based FTSE 100 company Taylor Wimpey.
FBD Property and Leisure Ltd (FBDPLL), the hotels and property company now solely owned by Farmer Business Developments, is to further develop one of its resorts in the south of Spain. It will form a €40m joint venture with Taylor Wimpey plc, one of the largest house-building companies in the UK, to develop the well-known La Cala Resort.
Taylor Wimpey Espana says: a potential Brexit has yet to impact Spain.
“Most Spanish people are too preoccupied with hanging on to their jobs to worry about a UK exit, and very few of the Brits I have met recently mention it,” he says.
“Even if Britain did leave Europe it wouldn’t stop Brits buying and living here. We sell to over 30 different nationalities including those outside the UK such as Russia, the Ukraine and the Middle East. I’m not aware of any difficulties for them getting visas to live in Spain, or registering with the tax authorities here.”
Taylor Wimpey España offers properties in Costa Blanca, Costa del Sol, Mallorca and Ibiza.
As more and more people look to buy a home in this wonderful country, we will continue to deliver properties of the highest quality and with accompanying services that provide the very best for our loyal and increasing client base. We look forward to an even more successful 2016, for both Taylor Wimpey España and the Spanish market.”
Leading Spanish homebuilder, Taylor Wimpey España, this week announced a continued growth in business due to a ‘meaningful improvement in the Spanish market in 2015’.
But when it comes to spending €200k or more, it has to be island living, says Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España. A resident of the Balearic Islands himself, Marc explains, “There’s nothing like owning property in an island location for achieving ultimate relaxation, which is precisely what a holiday home should provide. For many people the sea has a calming effect and Mallorca’s plentiful restaurants, shops, beaches, golf courses and marinas really do offer something to suit all tastes.”
Taylor Wimpey España offers a range of stunning holiday homes on Mallorca, from two bedroom apartments with direct beach access from €235k at Costa Beach, to spectacular frontline townhouses with cliff top communal infinity pool from €625k at Cala Magrana Mar.
Mallorca certainly has good cause to protect its natural environment. As well as having a social and moral responsibility to do so, the positive impact to the island’s tourism of maintaining pristine waters should not be underestimated. Mallorca has been a popular mass tourism destination since the 1950s, as Taylor Wimpey España’s observes: “Mallorca has that signature combination of sun, sea and sand that makes it the ideal holiday destination. For decades visitors have been flocking to the island’s shores, many of them choosing to return repeatedly or even, like me, stay for good.”
Spain has enjoyed a record-breaking summer, with some 54.4 million foreign visits in the first nine months of 2015, up 3.8% on the year before, according to the Industry, Energy and Tourism Ministry. But now that the summer season is at an end and the holidaymakers are back at work in their home countries, has Spain accepted that the rush of visitors is over for another year?
Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey Espana, comments, “Spain is a great destination for shopping, whether it’s in the run-up to Christmas or at any other time of year. In the south of the country, Alicante is a particularly attractive destination when it comes to high-end clothes and luxury items like watches and jewellery. There’s a wide variety of choice, from huge shopping malls to tiny boutique stores.”
The Costa Blanca is one of Spain’s most popular coastal areas thanks to its delightful blend of white sandy beaches, sunshine and delicious local food. With the New Year rapidly approaching, leading Spanish homebuilder Taylor Wimpey Espana has revealed its predictions for the Costa Blanca for 2016.
“2016 is looking like it could be a bumper year for the Costa Blanca,” comments Marc Pritchard, Taylor Wimpey Espana’s Sales and Marketing Director. “We’re expecting the area to benefit from Spain’s increasing visitor numbers and also from local initiatives like the attention being paid to golf tourism to really give tourist numbers a boost.”
For second home owners from countries such as the UK, better weather is often a draw and Spain is a perennially popular choice of location for such a purchase. Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, comments,
“UK buyers have a long-term love of Spain when it comes to second home ownership. The beauty of areas like the Costa Blanca, with its seemingly endless stretches of white sand and glorious sunshine, exerts a charm that gets under the skin. Buying a second home there represents a significant shift in lifestyle – it’s about enjoying more of what Europe, and life, has to offer.”
Buying a second home can also be a shrewd financial move, particularly in times of record low interest rates. When buying overseas, it’s always a good idea to purchase a home directly from a reputable developer with a strong track record. Doing so means you know what you are buying into in terms of quality, which is particularly important when purchasing a home in another country.
British buyers have been too busy in their domestic property market in the past but now are setting their sights on other countries, especially in Europe, Vanya Damyanova reports
Who is buying?
Everyone agrees demand is high and the markets are busy but who are the buyers? Are Brits flocking to other European markets just to secure a nice buy-to-let return, are they looking for a second home for the holidays or for a quiet retirement nest?
Taylor Wimpey España says: “We find that the majority of our buyers are families looking to holiday together or retired people.”
Spain has enjoyed a record-breaking summer, with some 54.4 million foreign visits in the first nine months of 2015, up 3.8 per cent on the year before, according to the Industry, Energy and Tourism Ministry.
Even with the summer season over, though, the value of Christmas shopping in luring customers from overseas has certainly not been lost on the Iberian country, as Deputy Prime Minister Soraya Saenz de Santamaria explains:
Sales and Marketing Director of homebuilder Taylor Wimpey España, which has launched homes near the retail hub of Alicante, comments: “Spain is a great destination for shopping, whether it’s in the run-up to Christmas or at any other time of year. In the south of the country, Alicante is a particularly attractive destination when it comes to high-end clothes and luxury items like watches and jewellery. There’s a wide variety of choice, from huge shopping malls to tiny boutique stores.”
The Costa Blanca is one of Europe’s most heavily visited areas, extending 200 km along the Mediterranean coast. And it’s Alicante which is attracting the most attention from clients financing their purchases through Conti.
Even though Spain’s National Statistics Institute (INE) indicate prices are creeping up they are still some 30 per cent lower than before the property crash in 2008, which makes the region an excellent choice for retirees seeking a bargain re-sale or a brand new build.
Buyers can also expect higher quality new villas and apartments now from house builders like Taylor Wimpey Spain which is rolling out developments in prime locations, using quality materials, offering lots more space and choosing designs that won’t date.
Today’s buyers in Spain can also expect greater transparency, unlike previous owners, some of whom were stung by corrupt mayors, unscrupulous lawyers and illegal builds on agricultural land. Even so that does not mean you can avoid doing your due diligence.
Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, was one of those eagerly awaiting the Caminito del Rey’s reopening. He comments,
“There’s so much more to the Costa del Sol than one at first realises. It’s not just about sunshine and beaches – though of course it has both of those in abundance! There are also plenty of fascinating cultural and historical attractions here. So many in fact that visitors are often taken aback by how much there is to do. Several of our second home owners have seen exploring more of the area’s attractions as one of their key reasons for buying in the Costa del Sol.”
La Floresta Sur, in Elviria, close to Marbella, is an ideal base for getting to know the Costa del Sol. The spacious, open plan apartments are available from just €192,000 for two bedrooms, with owners able to enjoy the two large communal swimming pools and pretty, landscaped grounds. Large terraces with sweeping views are perfect for appreciating the area’s gorgeous scenery, from the scented forest of oaks and pines to the dazzling shimmer of the sea.
Higher quality new-build apartments and villas are luring Brits to the Costa Blanca where prices are lowest
Buyers can also expect higher quality new villas and apartments from house builders likeTaylor Wimpey Spain which is rolling out developments in prime locations using quality materials, offering lots more space and choosing designs that won’t date.
Attractive low prices and the strong pound are encouraging our British folks to buy Spanish holiday homes. According to the Independent, the Spanish land registry has released some data that shows that more Britons are taking advantage of the economic trend compared to any other nationality. Home is the Costa del Sol and the Costa Blanca cheaper to buy, thus they are the popular choice. The data also shows that the Euro has weakened against the pound from about 80p, to a little over 70p in 12 months.
Rapidly rising prices in the UK while the price growth in Spain is slow also make Spanish property attractive to British buyers. In a data prepared by the Colegio de Registradores, it was shown that 19.8 per cent of all assets bought by foreigners in the first six months of 2015 went to UK buyers. In the recent years, it was the Russians who have bought large numbers of Spanish holiday homes but sanctions and Russian economic conditions have slowed down investment of Russians in the Spanish property market.
According to Marc Pritchard, the Majorca-based sales and marketing director of Taylor Wimpey España that develops homes in popular coastal areas, “The British market is by far the most important. There are several factors at play, but people are starting to realize that after years of the Spanish housing market being depressed, it is beginning to pick up.”
According to reports in The Independent newspaper, British property investors are taking full advantage of a weak euro in Spanish property markets in 2015, with one fifth of all foreign purchases in the country being snapped up by savvy buyers capitalising on the significantly increased purchasing power of the pound.
New figures published by the Spanish land registry show that Britons, more than any other nationality are taking advantage of a combination of favourable economic factors. In the last 12 months, the euro has fallen from around 80p to the pound to just over 70p, making holiday homes in the Spanish Costas more appealing to British buyers.
Slow price growth in Spain, coupled with rapidly rising property prices in the UK – in some instances by more than 10% a year – mean that Spanish property is making less of a dent in Britons’ wallets. In a report published by the Colegio de Registradores, 19.8% of all property bought by non- Spanish buyers in the first six months of 2015 went to UK buyers. German and other northern Europeans are stymied by the weak euro, while buyers from Russia and China have reduced activity in Spain’s property markets after being hit by sanctions or weakening domestic economies.
As many as 750,000 Britons live in Spain for at least part of the year. “The British market is by far the most important,” said Marc Pritchard, the Majorca-based sales and marketing director of Taylor Wimpey España, which develops homes in popular coastal areas. “There are several factors at play but people are starting to realise that after years of the Spanish housing market being depressed, it is beginning to pick up.”
For much of the Noughties, Spain experienced strong economic prosperity and the housing market flourished, with Brits migrating to the country in their droves. But the Spanish property market has gone through a turbulent period in recent years, mirroring the state of the Spanish economy, with prices having plummeted nationwide due to the economic downturn and a chronic oversupply of properties caused by excessive housebuilding, presenting Britons with a once-in-a-lifetime opportunity to purchase property in Spain at rock-bottom prices.
However, with market conditions now improving as the country embarks on the long road to recovery, and with Sterling also performing well versus the Euro, now really is an ideal time to negotiate a bargain-basement Spanish property purchase. That’ll explain why the sale of Spanish homes to international purchasers is rapidly increasing, according to the Spanish National Statistics Institute (INE), as a growing number of buyers flock back to Spain for real estate with a view to snapping up the best value homes Spain has seen for than a decade.
Marc Pritchard, sales and marketing director for leading Spanish housebuilder, Taylor Wimpey España, comments: “More buyers are taking advantage of favourable exchange rates and reduced Spanish house prices to purchase their dream second home abroad.”
Moreover, for the first time in several years, domestic demand in Spain is also beginning to gather pace.
“We are very confident in the Spanish market going forward and are moving ahead with the development of a number of our Spanish sites,” adds Javier Ballester, also of Taylor Wimpey España.
BRITAIN’S enduring passion for golf has played a pivotal role in our love affair with Spain.
And, these days, the nation’s fervour for golf and dreams of a frontline home on thefairway are helping to boost Spain’s resurgent property market as the country starts to exit the savage recession.
And for some, living within driving distance of the driving range isn’t enough. More and more expats are choosing to live in properties a mashie niblick-length from the course itself.
They’re not alone. An estimated 160,000 British people own holiday homes near golf courses and, with nearly 60 courses on the Costa del Sol, southern Spain is high on the list of popular destinations.
Gareth Bale and friends on a Costa del Sol golf course
The constellation of star names who have teed off on local courses include Real Madrid galactico Gareth Bale and former Spanish Prime Minister Jose Maria Aznar.Premiership footballing alumni David Bentley and Steven Carr love the game so much, they can often be found swinging their clubs on courses around Benahavis, while their La Sala chief associate Ian Radford loves Guadalmina.
Such is golf’s continued allure, Taylor Wimpey is spearheading a joint development plan with La Cala Resort for two new golf home enclaves: Miraval in Mijas, a luxury development of 60 apartments, and a townhouse urbanisation christened Horizon Golf.
Organised trip like these are a significant investment in money and time for the agent. So today, many agents will have a long list of questions before they will start booking your flights, designed to ascertain if you are really ready to buy.
Julian Walker at Spot Blue in Turkey feels that is only fair: “we are committing a lot of time and resources, so it seems reasonable to expect that people are upfront about where they are in the buying journey. Are they in a position to buy? Is the decision-maker going to be there? If the clients are serious we would certainly be willing to offer an inspection trip.”
Taylor Wimpey España take a similar approach, at £149 for one person and £169 for a couple, but only after ensuring that the buyers are ready.
“Most of our clients do plenty of homework before they get to us,” says Sales and Marketing Director Marc Pritchard, “normally via the internet and through contacting us, some do buy without visiting the site at all. But this generally works when the client knows the area quite well and knows what to expect. Inspection trips are there if buyers need them.”
Britons are buying a fifth of all Spanish property sold to foreigners, as moribund prices and a strong pound make holiday homes in the sun more appealing.
According to new figures released by the Spanish land registry, Britons, more than any other nationality, are taking advantage of a combination of favourable economic factors. The euro has fallen from about 80p to the pound, to a little over 70p in 12 months, making homes in popular areas such as the Costa del Sol and the Costa Blanca cheaper to buy.
As many as 750,000 Britons live in Spain for at least part of the year. “The British market is by far the most important,” said the Majorca-based sales and marketing director of Taylor Wimpey España, which develops homes in popular coastal areas. “There are several factors at play, but people are starting to realise that after years of the Spanish housing market being depressed, it is beginning to pick up.”
APARTMENT sales are soaring across Spain but rural holiday homes remain empty and unwanted
In the past 12 months, 80% of all properties sold in Spain were flats and apartments, up 28% on the previous year.
This has led leading property developer Taylor Wimpey to declare ‘The rural holiday villa’s days are numbered’.
“Buyers are much more discerning than they used to be when it comes to property type and location,” said Marc Pritchard, Sales & Marketing Director at Taylor Wimpey España.
“Remote, isolated villas are falling out of favour as second homeowners’ demands have changed.”