Taylor Wimpey Spain plans to launch seven new promotions in the first half of the year that will involve an investment of 92 million euros and the construction of 430 homes.
The areas in which the company plans to expand are Mallorca, where it will launch a total of three promotions, followed by Costa Blanca and the Costa de Sol, with two each.
Specifically, in Mallorca, Taylor Wimpey Spain will launch the first promotion of 2020. This is Compass Cala d’Or, a project of apartments with two bedrooms and two bathrooms, five minutes walk from the marina.
“The coastal areas remain key in the purchase of a residential home in Spain, beyond considering them an investment, who buys here wants to settle in the country, either as a first or second residence,” explained the director of sales and marketing by Taylor Wimpey in Spain, Marc Pritchard.
In addition, Pritchard has stressed that the main challenge for the company in 2020 is sustainability, so in the promotions they will bet to include “large” green areas with “large” gardens.
Taylor Wimpey Spain has created a new concept of housing, taking advantage of the space with a living room open to the terrace, which can be accessed from the living room and both bedrooms and integrating the kitchen with the dining room, thus achieving natural light and the feeling of amplitude. The ground floors have terraces with porch and gardens for private use. All homes include parking and storage.
According to specialists consulted by the developer, the real estate market will continue to grow in 2020 in Spain, offering “interesting” opportunities for foreign investors. Thus, a 5% increase in the number of home sales is expected.