Demand for key-ready holiday homes in Spain to remain strong in 2021

Key-ready holiday homes

  • CBRE highlights heightened interest in immediately available new-build homes
  • Taylor Wimpey España reports increased demand for key-ready homes with terraces
  • New build prices showing far more stability than previously owned homes (Tinsa)

Figures from the CBRE, Tinsa and leading Spanish home builder Taylor Wimpey España are all pointing to 2021 being a particularly positive year for newly built, key-ready homes in Spain.

“One of the most striking consequences of covid-19 has been a heightened demand for new-build housing with immediate availability. With the spectre of further lockdowns hanging over them, buyers were not prepared to wait, and demand for immediately (or imminently) available properties should remain strong in 2021.”

2021 Spain Real Estate Market Outlook, CBRE

Buyers, it seems, have no time to lose when it comes to making the most of their holiday time, and CBRE’s projection is already proving true for Taylor Wimpey España.

“We have seen a notable increase in demand for key-ready homes recently. Homes with private terraces and communal outdoor areas with pools and gardens are proving to be precisely what buyers want to counteract the restrictions that so many of us have been living under for the past 18 months. Sunshine, fresh air and outdoor space have never felt so special.”

Sales and Marketing Director of Taylor Wimpey España

Figures from Tinsa highlight the impact of this increased buyer interest. The Coastal Housing 2021 report shows that 76.1% of locations were delivering price stability for newly built homes, compared to 49.5% of homes that had been previously owned.

The Spanish Colegio Registradores, meanwhile, reports that foreign buyers now make up 9.7% of all property purchases in Spain (as at Q1 2021), with Mallorca and the Costa del Sol being the most popular areas. British buyers are leading the charge, accounting for 25.8% of all foreign purchases in Spain during the quarter.

Homes in the Costa del Sol certainly deliver when it comes to space in which to enjoy the sunshine. At Natura, for example, townhouses at La Cala Golf Resort deliver accommodation split across three levels as part of a private, gated development with communal pool and pretty gardens. Each spacious, three-bedroom home comes with a large solarium, measuring over 50 m2, and a private garden. Key-ready homes at Natura are priced from €450,000 plus VAT.


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