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/
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/
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.”
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%
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.
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.”
Spanish property sales have surged this year, according to new figures, as buyers continue to pounce on attractive conditions. With prices increasing too, the market as a whole is on the up – and Costa Blanca is leading the way.
Spanish property sales have surged this year, according to new figures, as buyers continue to pounce on attractive conditions. The number of transactions surged 13.9 per cent in the second quarter of 2015, according to the Minister of Public Works, the sixth quarter of year-on-year growth in a row and the second best quarter since 2010.
The seven-year record exchange rate between the pound and the euro has helped to boost interest from British buyers, while low prices accompanied by the promise of looming recovery have also improved the country’s appeal. Indeed, Spain was the most the popular country on TheMoveChannel.com in August 2015 for the third month running, accounting for over 1 in 10 enquiries.
The number of Britons buying abroad plunged after the financial crisis but the strong pound and relatively buoyant UK economy are making a home in the sun look more affordable.
Sky-high UK house prices have given many homeowners enough spare equity to fund an overseas purchase, while mortgage finance is cheap.
Clare Nessling, director at overseas mortgage specialists Conti, says: “Spain remains top of the list for British buyers, accounting for roughly half of our enquiries.”
The Costa Blanca is the number one destination for Spanish sunseekers, followed by the Costa del Sol, Balearic Islands, such as Majorca, and the Canaries.
Nessling adds: “The Spanish property market is on the up again after a tough few years and British investors are rediscovering their love for this beautiful country.”
Spanish property sales have risen for the last 18 months, according to the Ministry of Public Works and Transport
Second quarter volumes rose 13.9% over the previous three months, according to The Ministerio de Fomento, the sixth quarterly increase running.
Non-nationals living in Spain notched up 17.2% of sales and to non-resident foreign buyers 5%. Alicante topped overseas purchases at 4,141, Málaga 2,517, Barcelona 1,470, Madrid 1,173 and Tenerife 1,099.
The latest figures from the Association of Property Registrars also suggested the Spanish real estate prices are rising, with a 5.12% annual increase to June 2015, the biggest rise since the downturn.
Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, warns the rises are patchy.
“There are vast differences across Spain in terms of the property market’s recovery. Some areas, particularly coastal resorts that are popular with foreign buyers, are showing a marked recovery in prices and a really healthy market. Other regions are still struggling to turn their markets around though, so you need to do your homework regarding where to buy.”
Euro can save a lot on your property by paying attention to currency exchange rates and that’s no lira.
That is the message experts have for British buyers, as weaker currencies overseas boost their spending power abroad.
In Spain, a two bedroom apartment on the Costa Blanca, such as the key-ready properties at Brisas de Alenda Golf available from Taylor Wimpey España, costs €155,000, which equates to £112,198. Just one year ago, using data from xe.com, the same property would have cost £121,040. Five years ago, the cost would have been £133,683.
Exchange rates can have a big impact on the global property market. Whether purchasing a property for personal use or as an investment, beneficial exchange rates can lead to buyers getting a lot more for their money.
The value of the euro against the pound is an excellent example. A two bedroom apartment on the Costa Blanca, such as the key-ready properties at Brisas de Alenda Golf, available from leading Spanish homebuilder Taylor Wimpey Espana costs €155,000, which equates to £112,198 (this and all subsequent exchange rates are based on data as of 22/9/15 from xe.com). Just one year ago, the same property would have cost £121,040. Five years ago, the cost would have been £133,683.
Germans are buying more property in Mallorca, according to agents, as foreigners continue to prove essential to Spain’s real estate recovery.
The area of Mallorca has always been popular with international tourists, as the Balearic island’s sandy shores offer stunning scenery and sumptuous food. But while Mallorca attracted more than a million Brits this summer, it was the Germans who just couldn’t get enough of what the island had to offer: so far in 2015, German visitors have accounted for more than 40 per cent of all foreigners to visit Mallorca, according to data from Ibestat, the statistics institute of the Balearic Islands.
Sales and Marketing Director of Spanish homebuilder Taylor Wimpey España, is one German who loved the island so much that he couldn’t bear to leave. He is not alone in his passion: August data from the company shows a 160 per cent year to date surge in sales to German buyers, almost all of whom have opted for a second home on Mallorca.
Buying a second home may be a cheaper option for going on holiday in Spain than booking a hotel room, new data from Spanish homebuilder Taylor Wimpey España has revealed.
The company’s sales and marketing director explains, “Obviously we know all about the many advantages of owning a second home in terms of lifestyle benefits and convenience, but it is fascinating to see now that for the average buyer it actually works out to be more cost effective to buy a holiday apartment than to pay for hotel rooms. Yet another reason to buy that overseas property you’ve always dreamed of!”
The Balearic Islands saw the biggest increase in sales – up 37.4 per cent year-on-year – while Extremadura led the decreases with a fall of 9.8 per cent.
British buyers are at the front of the international charge, according to Spanish homebuilder Taylor Wimpey España, thanks to the strong spending power of the pound. German, Scandinavian and Belgian buyers also ”contributed significantly” to the rise in sales.
In total, August 2015 saw sales double for the builder year-on-year, with five of the firm’s developments selling out completely.
”Early phases of four others have also sold out,” adds Sales and Marketing Director Marc Pritchard, who says it has been a ”really good” summer.
”It’s been at least five years since I’ve experienced such an intense level of enthusiasm for Spanish property. August was the icing on the cake – sales figures hit twice the levels that they did the year before.”
The United States EB-5 investment visa is currently being debated. Democratic and Republican negotiators in the House of Representatives and the Senate are discussing the reauthorisation of the EB-5 Regional Center Program.
Any update to the current regulations must be agreed by both before the end of the month, although an alternative is that it will be given a temporary extension as part of the larger Continuing Resolution, which is being introduced to keep parts of the government open beyond 30 September.
Under the current rules, entrepreneurs and their spouses and unmarried children under 21 are eligible to apply for a green card if they make the necessary investment in a commercial enterprise in the United States, including real estate projects and plan to create or preserve 10 permanent full-time jobs for qualified US workers.
Predictions of a hot August for the UK, made in such a carefree manner in July, didn’t quite come to fruition. Instead, the month ended with bookmaker Ladbrokes simply stopping taking bets on August being the wettest on record. Enough said.
With the UK having endured another soggy summer, many individuals are turning their thoughts to sunshine overseas and checking out short-haul flight prices to see how quickly and cheaply they can transport themselves to the nearest suntrap.
Spain is a popular destination for sun seekers at any time of year. Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, comments,
”The Spanish Costas are a perfect place for enjoying some winter sun. Easy to get to and with a low cost of living, they’re great for those looking for a second home that they can regularly fly to in order to top up their vitamin D levels. The Spanish islands are also fantastic, particularly Mallorca, which has an agreeable climate throughout the winter months.”
Apartments are the new villas, when it comes to Spanish property wish lists.
80 per cent of properties sold in Spain in 2014 were apartments, according to the General Council of Notaries, as flats begin to replace the once-idyllic rural villa as the dream of overseas buyers.
Housebuilder Taylor Wimpey España says that second homeowners’ tastes have changed and evolved over the last 50 years.
Sales and Marketing Director explains: ”Buyers are much more discerning than they used to be when it comes to property type and location. Remote, isolated villas are falling out of favour as second homeowners’ demands have changed.
Indeed, both domestic buyers and those from overseas now favour condominium style living, with proximity to shops, restaurants as important as beach access. Buyers want modern conveniences, like apartments that are pre-wired for internet connectivity.
Continuing our new series, experts from around the world share their advice on the top places to invest overseas.
There are numerous factors to consider when investing overseas: exchange rates, long-term rental potential and property price growth. But thousands of Brits buy abroad every year. Some simply want a better quality of life, others are looking for a bolthole in the sun, while the more adventurous might rescue an abandoned French chateau.
If you are thinking of buying overseas, consider all your options carefully. The old adage of “do your research” has never been truer. Make sure you have a team of advisors on board, who can lead you through the process.
And trust your instincts at all times. If something feels too good to be true, then think twice about it. Seasoned buyers don’t just make snap decisions on the ground. They return to the UK, run the numbers and decide whether the property is right in the short, medium and long-term.
Models, actresses, sporting heroes, royalty… all have been wooed by the balmy breezes and stunning scenery of Mallorca over the years. Agatha Christie wrote Problems at Pollensa Bay while holed up in Puerto Pollensa in the 1930s. Winston Churchill holidayed just along the coast from the same spot. Even Grace Kelly and Charlie Chaplin have visited the island.
Today, Mallorca continues to attract an impressive list of celebrity visitors. Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey Espana and himself a Mallorca resident, explains the island’s enduring allure,
“The beauty of Mallorca is that it offers something for every occasion and mood. You can sit and gaze out at the ocean, watching the sun sparkle off the water and hearing nothing but birdsong and the water lapping against the shore. At the same time, you know that if you want the hustle and bustle of urbanity, with its shops, restaurants, bars and nightlife, Palma is the ideal city. Or if a few rounds of golf in the afternoon heat take your fancy, Mallorca offers that too. Then there are the water sports – snorkelling, parasailing, stand up paddleboarding, wind surfing and so many more. It’s a wonderful place for those who love the water.”
Spanish rural holiday villas are falling out of popularity, a leading developer claims.
With 80% of properties sold in Spain in 2014 being flats or apartments, according to General Council of Notaries data, the days of the rural holiday villa are numbered, according to Taylor Wimpey España.
In addition, apartment buyers want shops and restaurants and internet access just as much as beach access, says the developer, which has seen cumulative sales rise by around 28% year-on-year in July 2015.
Sales and Marketing Director says, “Buyers are much more discerning than they used to be when it comes to property type and location. Remote, isolated villas are falling out of favour as second homeowners’ demands have changed.
Almost all UK workers are entitled to 5.6 weeks’ paid holiday per year, though that can include bank holidays. With so little precious time to spare, is it any wonder that the latest survey from Staysure.com has revealed that as a nation we opt for the comfort of a known quantity when it comes to holidaying overseas?
The Staysure research has revealed that 91% of Britons prefer to visit the same holiday destination repeatedly, with one in five returning to the same place within the course of a year.
The known quantities of great weather, good food and convenient travel times were cited as the most common motivations for returning to the same place. This was weighed against the fear that a new destination would not provide as much enjoyment and result in a disappointing holiday.
With so little paid holiday available, this attitude is entirely understandable and is precisely why second homes overseas are so popular. Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, comments,
”When it comes to travelling overseas, most holidaymakers have a fixed idea of where they want to go and so a home from home in their favourite spot makes absolute sense.”
Taylor Wimpey España offers holiday homes in two of the locations that the survey respondents voted as being the most popular: the Spanish island of Mallorca, which took third position, and the Costa del Sol, which came in sixth.
The breakdown by nationality of sales by Spanish developer Taylor Wimpey de España gives a good idea of demand for holiday homes in Spain.
Taylor Wimpey de España, a division of Taylor Wimpey UK, is one of, if not the leading developer of holiday homes in Spain.
The breakdown by nationality of demand for Taylor Wimpey homes offers one of the best snapshots available of foreign demand for holiday homes in Spain (see pie chart above).
British demand is still the biggest market segment, with 20% of sales, followed by Germans (15%), and Scandinavians (14%). Those three segments make up 50% of the market for Taylor Wimpey homes.
Mallorca has broken more tourist records, with visitor numbers hitting an all-time high yet again this year.
Spain’s Balearic Islands have long been one of Europe’s most attractive and loved summer sun destinations. Holidaymakers from mainland Spain, along with the UK, Germany and Italy flock to the islands every year, craving their perfect balance of sun, sea and sandy beaches. Among Spanish residents, the Balearics come second only to Andalusia in terms of popular tourism destinations, accounting for 18 per cent of total bookings, according to HomeAway figures.
Mallorca, in particular, has welcomed more visitors this year than ever before, with official statistics showing an increase of 2.9 per cent year-on-year during the first half of 2015 to a total of 9.54 million visitors. Both April and May saw passenger numbers reach record levels.
The figures are good news for the island’s property market, as Sales and Marketing Director of leading homebuilder Taylor Wimpey España, explains: ”More visitors arriving in Mallorca has had a positive impact on the island’s economy and has pushed up demand for second homes, with many of those who visit – myself included – falling in love with Mallorca almost on first sight.”
Taylor Wimpey España and La Cala Resort, the company behind the prestigious complex of three golf courses and hotels in Mijas owned by FBD, have signed a long-term partnership that will allow them to develop 48 apartments and 55 houses over the next five years, with a total estimated investment of €21 million.
The partnership seals La Cala Resort’s position in the Costa del Sol, not just as a golf destination but also as one of the most attractive places for international tourist to visit and reside. The three excellent 18 hole golf courses, the exclusive hotel and four-star spa, and the prime location just 30 minutes from Malaga airport provide the perfect setting for capturing the growing European demand for second homes on the Costa del Sol.
The Spanish property market crisis is over. At least that’s what Banco de España is saying. Director of Studies José Luis Malo de Molina comments,
At the same time, Spain’s GDP has grown for seven consecutive quarters and recently even more than expected: 0.9% in Q1 2015, according to the National Institute of Statistics (INE).
Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, comments,
”There are pockets of real success in terms of the real estate market in Spain right now, but the picture is far from consistent. It’s still a delicate market and changes in FX rates, along with international politics, are likely to play a big role in how the market is shaped going forward. Buyers are focussing on coastal areas and there is a lot of money coming into Spain from overseas as foreign purchasers look to pick up bargain homes by the sea before prices rise much higher.”
Taylor Wimpey España is the driving force behind a number of high profile new developments on the Costa del Sol. Avalon, located in one of the most sought after areas of Marbella, next to the prestigious Los Arqueros Golf course, is a charming residential complex with wide streets, a large communal pool and stunning golf and sea views. The luxury two and three bedroom apartments and penthouses are synonymous with the opulence for which the area is known, though for an extremely reasonable starting price of just €310,000.
Taylor Wimpey comments ”Our golf properties are always incredibly popular and the panoramic sea and golf views at resorts like Avalon, near Marbella, really do take some beating. Spain’s excellent value as a golfing destination extends to its golf resort market as well – a two bedroom, luxury apartment in Avalon, which is located in the prestigious Los Arqueros golf course, costs from just €305,000, which is fantastic value for a property of this calibre.”
Lleading Spanish homebuilder Taylor Wimpey España, has the ultimate Christmas gift in mind – a second home in Spain.
“Surprising your partner and family with a Christmas gift on this scale has to be the ultimate present! You’re giving them the gift of years of happy holidays and memories to come. I’m not sure there’s anything to top that. The towns along the coast here are twinkling with Christmas lights and all manner of festive events are planned to run from now through until the New Year.”
Taylor Wimpey Spain explains: ”Many of our buyers are looking for holiday homes right now but with a view to one day living in them permanently, once they retire. They are seeking high quality homes on developments that provide them with luxuries they don’t have in the UK, like swimming pools and balconies on which to enjoy the sun. We bear all of this in mind when we begin a new development, so that our apartments and townhouses appeal to buyers of all ages.
Spanish home builder Taylor Wimpey España, believes that Spanish property is currently some of the best value in Europe.
‘Buyers from across the globe are taking an interest in what Spain can offer, both as an investment choice and for the lifestyle benefits,’
Leading Spanish homebuilder Taylor Wimpey España, at the heart of the Iberian country’s residential property market, comments, ”Spanish property is some of the best value in Europe. Buyers from across the globe are taking an interest in what Spain can offer, both as an investment choice and for the lifestyle benefits.”
Taylor Wimpey Espana comments, “The importance of golf tourism to Spain and the wider European economy is abundantly clear and despite being hit by the recession over the last few years, it’s certainly making a comeback hand in hand with the property market.
The importance of golf tourism to Spain and the wider European economy is abundantly clear and despite being hit by the recession over the last few years, it’s certainly making a comeback hand in hand with the property market,” comments the leading Spanish home builder Taylor Wimpey España.