Spanish second home sales soar
Taylor Wimpey España reports 188% boom in British reservations, as Spanish second home sales soar
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.