Spanish home builder reports boom in British reservations
Home builder: Taylor Wimpey España reports 188% boom in British reservations, as Spanish second home sales soar
- 61% of Britons chose homes in the Costa del Sol
- Costa Blanca homes also selling fast: 2 developments already sold out in 2022
- Visitors to Spain increase 8x in March, with Brits leading the charge
Leading Spanish home builder Taylor Wimpey España has reported a huge jump in reservations of sun-kissed Spanish properties by British buyers. Year to date figures for April show an increase of 188% in reservations by Britons, compared with the same period last year.
The Costa del Sol has been the clear area of choice, attracting 61% of all British reservations so far in 2022. Developments at the renowned La Cala Golf resort are being snapped up, from spacious, hilltop apartments with panoramic views at Sun Valley (prices start from €320,000 plus VAT) to townhouses with gardens and large solariums at Natura (homes are available from €559,000 plus VAT). Marina-front apartments at Pier 2, in Sotogrande, are also selling well (prices start at €424,000 plus VAT).
“We’ve seen a major surge in British appetite for Spanish golf homes and for those by the water this year. The past couple of years have been difficult but many families are now refocusing their plans and moving forward when it comes to second home ownership.”
Sales and Marketing Director of Taylor Wimpey España
Nor is it just Britons who are keen to own their own slice of Spanish sunshine. A total of 25 different nationalities have reserved Taylor Wimpey España properties already in 2022. Many are looking to lock in their purchase price sooner rather than later, as the increasing costs of raw materials and construction continue to push up prices for new homes in Spain (as well as elsewhere in Europe).
In addition to the Costa del Sol, Taylor Wimpey España’s properties in the Costa Blanca are attracting keen interest this year. Two developments – La Recoleta III and Panorama Mar – have already sold out, while three others – Posidonia, Kiruna Hills and Iconic – all have just a handful of homes still available. And at the newly revealed Amara, where affordable apartments are priced from just €190,000 plus VAT, two homes were reserved within the first week of the development’s launch.
Recently released figures from Spain’s College of Notaries reflect this interest in the Costa Blanca. The purchase of homes by foreigners in Alicante rose by 40% in 2021 compared with 2020, with Britons topping the list of foreigners buying there. No doubt the fact that Alicante tops the list of sunniest cities in Europe is a factor here – according to data from World Weather Online, Alicante basks in an impressive 349 average hours of sunshine per month.
The easing of travel restrictions has also meant that Britons are holidaying more in Spain this year. A total of four million travellers visited Spain in March 2022, compared to 491,000 in March 2021, according to figures from Frontur. In terms of nationalities visiting Spain, British travellers led the charge, with over 800,000 arriving during March.
“Britons are embracing their desire for sunshine and overseas holidays once more, which is driving up interest in second home ownership here in Spain. We are building new homes at an intense pace across the Costa del Sol and Costa Blanca – as well as in Mallorca – in order to satisfy the strong level of British demand that we’re experiencing so far in 2022.”
Spanish home builder :
For more information, please contact Taylor Wimpey España on 08000 121 020 or visit https://www.taylorwimpeyspain.com/. If you reside outside of the UK, you will need to call 00 34 971 706 972.
https://thepropertygroupsite.com/2022/05/11/taylor-wimpey-espana-reports-188-boom-in-british-reservations-as-spanish-second-home-sales-soar/