Taylor Wimpey reports rising demand for Spanish property
Spanish property: Taylor Wimpey España reports rising demand with penthouses in the spotlight
Average purchase price rose from €383k in 2022 to €400k in 2023
Completions rose from 381 to 410 over same period
Stylish penthouses attracting discerning buyers
Leading Spanish home builder Taylor Wimpey España has reported rising demand for properties in Spain. The firm completed 410 homes in 2023, with a total order book as at 31st December 2023 of 490 homes. That compares to 381 completions and an order book of 448 homes a year earlier.
Buyers also sought more expensive properties in 2023, paying an average of €400,000 – an increase of 4.4% from the average price of €383,000 in 2022. Buyers were primarily Europeans and other international customers purchasing second homes, with a small proportion of purchases being primary homes for domestic Spanish buyers.
“2023 was a positive year for property sales, with an increase in completions and our order book. Buyers continue to prioritise outdoor space and flexible accommodation, which enables them to use their properties to meet a range of needs, from family holidays to extended, blended work and leisure trips. Location is also key and we are excited to have a range of developments launching in the next few months in some impressive settings.”
Taylor Wimpey España offers a range of apartments priced around the average figure of €400,000 paid in 2023. At Solana Village at La Cala Golf Resort in Mijas, Malaga, buyers with a budget in that region can afford a glorious three-bedroom penthouse (penthouse prices start from €420,000 plus VAT). With ample terraces for enjoying the Spanish sun and the panoramic golf views, the penthouses offer space and serenity. In addition to the use of Solana Village’s communal pool and gardens, buyers also enjoy a range of discounts at the nearby La Cala Spa, courtesy of the Privilege Card issued to all property owners at the resort.
For buyers with a higher budget, penthouses in the stunning natural surroundings of Marbella Lake are the ideal choice. The homes provide three bedrooms and two bathrooms, with spacious living areas and 77.78 m2 of outdoor terrace space. Penthouse views take in the verdant greenery of the area and the stunning lake that gives the development its name. The homes are located just 5 km from the coast and provide easy access to three nearby golf courses – Los Naranjos, Las Brisas and Aloha. Prices start from €950,000 plus VAT.
“Penthouses traditionally provide outstanding views, plentiful light and a sense of space. Each of our penthouses delivers all of that and more, with thoughtful design resulting in particularly special properties crowning each of our buildings. Whether buyers are seeking sea, golf or nature views, we have a range of beautiful, luxurious penthouses to meet their needs.”
Buyers seeking sea views can find their perfect penthouse at Solemar in Casares Beach, Malaga. Within walking distance to the beach, the three-bedroom penthouses provide unobstructed views of the Mediterranean Sea. The homes have been designed to provide maximum comfort as well as superior energy efficiency, with an energy rating of ‘A’. Penthouse prices start from €520,000 plus VAT, with completion due in March 2024.