Holiday home purchases jump 56%, hitting pre-pandemic levels in Spain

  • Surge in Taylor Wimpey España sales to British buyers
  • Costa del Sol leads the field for Brits buying in Spain
  • Sales forecasts for coming months looking very positive

Leading Spanish home builder Taylor Wimpey España has reported a surge in demand from British buyers, with year to date sales for July 2021 now equalling those in the same period in 2019.

Confidence has been returning to the Spanish second homes market for several months and it’s great to see that British buyers have now regained the appetite that they had for Spanish property before the pandemic.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España.

Purchases by British buyers are up by 56% compared to the same period in 2020, when the impact of the pandemic on second home sales was in full swing. Many other nationalities are also showing interest in Spanish second homes in numbers that are equal to or higher than they were before the pandemic struck. In total, buyers of 23 nationalities have purchased homes from Taylor Wimpey España this year.

“This year is shaping up to be a good one for Spain’s second homes market – our projections for August and September are looking very positive. Buyers want sunshine, fresh air and beautiful beaches to balance out the stresses of the past year.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España.

It is the Costa del Sol that is attracting most interest from British buyers right now. With 150 km of stunning coastline, picturesque mountains, world-class golfing facilities, vibrant cities, historic and cultural sites and a wealth of gastronomic delights, the area has much to offer. This is the case even in the diversity of second homes it offers, from lakeside living at Marbella Lake, to beautiful golf homes surrounded by myriad shades of green, such as those at Green Golf, to penthouses with stunning sea views, such as the last key-ready home available at Botanic.

Mallorca – British buyers’ second most popular area, based on Taylor Wimpey España’s figures – also has a wide variety of holiday homes available. The company has launched several developments there this year, with one of the most popular being Ikat. The spacious apartments, penthouses and duplexes in the heart of the town of Ses Salines launched just four months ago, priced from €260,000 plus VAT. Just seven homes remain available for sale, with the rest having been snapped up off plan.

The third most popular area with British buyers is the Costa Blanca, which is known for its beautiful coastline and lively towns, as well as its superb value property. At La Recoleta III in Punta Prima, for example, a key-ready, two-bedroom apartment just metres from the beach costs from just €185,000 plus VAT.

For Britons who’ve not previously bought a second home overseas, buying in Spain may seem daunting at first. But a few simple precautions can ensure a smooth transaction, as Taylor Wimpey España’s Marc Pritchard explains:

“Buying a property in Spain doesn’t need to be a stressful or risky experience. Always buy with a developer with a long-established reputation and a focus on providing outstanding customer care. And never sign anything if you feel pressured in any way – no reputable company will make you commit to a purchase before you are ready. It’s also important to use an experienced, dual language property lawyer – one who has your interests at heart, rather than those of the company you’re buying from.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España.


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