Building a better future – Real estate construction to boost Spanish economy during 2015

Building a better future – Real estate construction to boost Spanish economy during 2015

Spain
  • Spanish construction up 13.9% in October (Eurostat)
  • Construction and real estate to drive Spanish economy in 2015 (Arcano)
  • Newly constructed golf properties from just €145,000 (Taylor Wimpey España)

The cranes are on the move once again in Spain, as the construction sector finally picks up its tools following a seven year pause. October 2014 saw the sector register a 13.9% increase in activity compared with a year earlier, according to Eurostat, while financial advisors Arcano have pegged real estate and construction as two of the driving forces behind the Spanish economy in 2015.

Only the biggest and the best in the sector carried on building through the downturn, as Marc Pritchard, Sales and Marketing Director for leading Spanish homebuilder Taylor Wimpey España, explains,

“The past few years certainly haven’t been easy for Spain’s construction and real estate sectors. Many developments were simply left mid-construction when the hard times hit and it has taken until now for a lot of companies to have both the confidence and the financing to begin building once more.”

Taylor Wimpey España, which is the Spanish arm of FTSE 100 listed homebuilder Taylor Wimpey, continued building throughout the crisis years and was rewarded with strong sales figures as a result. While domestic demand may have dwindled, many overseas buyers remained keen to pick up second homes in Spain and the company found that its signature blend of beach access, pools and high end properties was the perfect combination to meet the needs of those looking to buy.

“It really felt like we were the only ones still building at some points,” continues Pritchard. “So it was great to see the sector picking up again late last year. I think 2015 should see it come surging back to something like its former glory as there’s pent up demand for new properties. This year should definitely mark a turning point for the Spanish construction and real estate industries.”

A recent report from independent financial advisors Arcano supports Taylor Wimpey España’s thinking, highlighting real estate and construction as two of the most significant engines of economic growth in Spain in 2015. The company has predicted a resurgence of both house prices and residential building in Spain this year, driven by improved financing and mortgage options, foreign investment and recovering domestic demand.

Taylor Wimpey España is certainly expecting big things during 2015. Its Miraval development, which offers a rare opportunity to purchase a high end apartment near the fantastic La Cala Golf Resort at Mijas Costa (on the Costa del Sol) is tipped to be one of the most popular this year, with seven of the 27 units having sold already. The apartments enjoy large terraces (gardens on the ground floor), golf and sea views and a southerly orientation. Prices start at €245,000 and completion and handover is scheduled for October 2016.

Over on the Costa Blanca, key ready properties are available at Las Brisas de Alenda Golf, in sight of the spectacular Sierra de las Aguilas mountains. Select properties enjoy direct access to the stunning Alenda Golf Course, while the beach is just 15 minutes away. As with all Taylor Wimpey España sits, pretty gardens and a communal pool complete the offering. Prices for a three bedroom/two bathroom home are from €145,000.

With both construction activity and house prices on the up, no doubt many buyers will see early 2015 as the optimum time to buy their dream property in Spain, while bargains like these still abound.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Want to buy a second home? Ask for the kids’ permission first!

Want to buy a second home? Ask for the kids’ permission first!

Albania Italy Portugal Spain , , ,
  • 92% of people planned to travel with family in 2014 (TripAdvisor)
  • 40% feel their children influence vacation planning (Preferred Hotel Group)
  • Beaches and pools top the list of second home requirements (Taylor Wimpey España)

Whether we like it or not, it’s established fact that children shape their parents’ holiday choices. Each year the TripAdvisor family travel survey demonstrates the influence that kids have on their parents’ decisions. In 2014, some 92% of respondents planned to travel with family and relatives’ considerations were plain to see in the amenities wish list, with complimentary breakfast, close proximity to local attractions, free Wi-Fi, a swimming pool and room service making the top five.

The same survey found that beach trips were the most popular family holiday choice, with 66% of travellers planning a beach/ocean vacation. Meanwhile, the Preferred Hotel Group multi-generational travel survey found that 40% of grandparents and parents felt their children “actively participate in or influence vacation planning.”

What is perhaps less well known is the influence that children have on the purchase of second homes. Owning a home overseas is a wonderful way to enjoy family holidays and avoids the usual hassles associated with family getaways. The TripAdvisor survey found that lugging extra gear and not enough quiet time for parents were the top annoyances, both of which can be avoided through second home ownership.

Dawn Cavanagh-Hobbs, founder of Italian fractional ownership holiday home company Appassionata, comments,

“Children are definitely a key consideration for almost all of our owners. Most see their fractional ownership share not just as the perfect way to enjoy luxury family holidays, but also as an inheritance for their children in the future. They also like that their children can learn about Italian culture and pick up more of the language each time they visit.”

Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, agrees,

“There’s no doubt that children play a huge role in their parents’ decision to purchase a second home. Our buyers are looking for large swimming pools, on-site parking and easy beach access, all of which are important for their children to enjoy time at the property.”

Spain is a welcoming country for families, as is neighbouring Portugal. With the lowest birth rate in Europe, children are cherished in Portugal and made a fuss of, even in busy restaurants. Chris White, founding director of boutique real estate agency Ideal Homes Portugal, observes,

“A friendly environment with plentiful attractions for children makes an ideal location for a second home. Sandy beaches, pools, water parks and other activities are really important, as is a short flight time – anything under three hours is really the optimum distance.”

The flexibility that a second home offers for children is also important, explains Peter Walshe, Marketing Director for Albania’s first high-end resort Lalzit Bay Resort and Spa,

“As children grow, their wishes in terms of holidays will change. Choosing a well-located second home is a great way to accommodate those shifts. For younger children, the space to store toys and a nearby pool are essential. For older kids, a lovely beach and plenty of activities in the local area are important. And, of course, moody teenagers can choose to bring their friends and spend the whole holiday sitting indoors and playing on their phones, should they so wish! A second home provides the perfect environment for all of these.”

It really does seem as though children have serious sway over their parents when it comes to second home ownership. Clearly parents aren’t buying for themselves at all, despite what they may think!

For more information please contact:

Appassionata: +39 073 465 8775 or www.appassionata.com

Taylor Wimpey España: +44 8000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Ideal Homes Portugal: +44 800 133 7644 or +351 289 513 434 or www.idealhomesportugal.com

Lalzit Bay Resort and Spa: +44 845 125 8600 or www.lalzitbay.com

Burn off those Christmas calories at your dream home in Spain

Burn off those Christmas calories at your dream home in Spain

Spain
  • 88% of New Year’s resolutions fail (University of Bristol)
  • 1 round of golf equates to a 3 to 6 mile walk (Live Healthy)
  • Get fit in the Costa del Sol sunshine, with apartment prices from €178,000 (Taylor Wimpey España)

Even those with the strongest willpower in the world tend to relax and indulge in a few extra calories over the festive season, as mince pies, boxes of chocolates and general feasting ruin all but the strictest of diets. Then comes January, with its usual dose of good intentions and resolutions to get fit.

Getting fit doesn’t have to be difficult and doesn’t have to mean crowding into a gym with dozens of other sweaty individuals. There are several fabulous alternatives and not all of them are restricted to the UK, as Marc Pritchard, Sales and Marketing Director for leading Spanish homebuilder Taylor Wimpey España, explains,

“Exercising and participating in sport should be an enjoyable experience. It’s something that we keep in mind with every development that we build. All of our sites have communal pools, for example, and with almost year-round sunshine in Spain, burning off calories with a few daily lengths during the winter months is definitely achievable.”

Taylor Wimpey España’s sites also benefit from access to a host of nautical sports, such as sailing, windsurfing and scuba diving, thanks to their carefully selected locations close to popular beaches and marinas. Many owners enjoy participating in such activities, which are a far cry from pounding away on a running machine in an over-crowded gym.

Golf is another great way to get fit. A round of 18 holes involves a walk of between three and six miles, according to Live Healthy. Owners at La Floresta Sur can benefit from access to El Soto Golf Club, which includes a gym and sauna as well as the course itself. Prices for two bedroom apartments there being at €178,000.

Also on the Costa del Sol, Avalon is a stunning new development at which prices are from €295,000 for a spacious, two bedroom apartment with high spec fixtures and fittings. Owners are treated to special prices at Los Arqueros Golf, including its gym, sauna and squash, tennis and paddle courts.

Taylor Wimpey España’s Miraval site, where apartments start at just €245,000, also enjoys special golf packages, being located by La Cala Golf Resort.

A University of Bristol study conducted back in 2007 examined in detail the success rates of New Year’s resolutions by working with some 3,000 participants and tracking their progress against their goals. It found that, despite the participants’ initial confidence, some 88% of those who set New Year’s resolutions failed to achieve their goals. Perhaps the additional motivation of Spanish sunshine streaming down on them while they attempted to get fit might have been enough to turn some of those failures into success stories.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Scanning the horizon – what does Spain hold in store for 2015?

Scanning the horizon – what does Spain hold in store for 2015?

Spain
  • Spain pulls in record tourist spending of €56,374 million (Ministry of Industry, Energy and Tourism)
  • Spanish economy to grow 2.4% in 2015 (Funcas)
  • Luxurious Costa Blanca properties from €142,000 (Taylor Wimpey España)

Tourism in Spain contributed 11.7% to the economy in 2013, according to the latest data from Market Research Reports, with total tourism output reaching €191.5 billion. And as 2014 draws to a close it looks certain that those figures will be pushed even higher thanks to a record-breaking year.

“It’s been a fantastic year for Spain,” comments Marc Pritchard, Sales and Marketing Director for leading Spanish homebuilder Taylor Wimpey España, the Iberian arm of the UK’s Taylor Wimpey, which has just re-entered the FTSE 100.

“We’ve seen resorts across the country receive record numbers of visitors, with the lure of Spanish sunshine tempting many to come here for their holidays. One of the great things about Spain is its mass appeal – whether for singletons, couples, families or retirees, Spain has something to offer everyone.”

One of the country’s most popular areas is the Costa Blanca, where Taylor Wimpey España’s La Vila Paradis offers luxurious apartments with a communal pool and stunning beachfront location from as little as €229,500. Excellent restaurants, beautiful beaches and glorious sunshine abound in the area, helping to drive up visitor numbers over the course of the year.

Those looking for even better value for money will be wowed by La Recoleta, where two bedroom apartments just a few metres from the beach can be picked up for an astonishing €142,000. Sea views, private gardens and a communal pool perfect the development.

Nationally, tourism had an excellent year. Overnight stays at Spanish hotels were up 5.1% in October compared with the year before, reaching a total of 26.2 million according to the latest figures from the National Institute of Statistics (INE). Meanwhile, the Ministry of Industry, Energy and Tourism reported record tourist spending of €56,374 million between January and October.

“There’s a feeling here that while 2014 has been good, 2015 is going to be great,” Pritchard continues. “Spain still has some way to go in sorting out its finances, but there is much more of a feeling of positivity about the economy than there was this time last year.”

Indeed, the latest projections from the Foundation of Savings Banks (Funcas) show the economy as growing by 2.4% in 2015, an increase on the previous estimate. The global reduction in the cost of oil is cited as one of the key reasons, as it lowers production costs and increases the money available to individual Spanish families.

Those overseas will be feeling the same effects and for many 2015 may well be the time to invest in that much-longed-for second home in the sunshine. Those looking outside of mainland Spain will find some wonderful property options on the sun-kissed island of Mallorca. One of the best is Taylor Wimpey España’s Cala Magrana III development, with two bedroom properties packed with designer fixtures and fittings available from €230,000. The site includes a lovely communal garden with swimming pool and is just 600 m from Cala Anguila beach, with golf courses and Porto Cristo marina also nearby.

As the New Year rolls in and the excesses of Christmas make way for planning and preparing for the new year ahead, many will be thinking wishfully of a week or two in the sunshine – and Spain will no doubt be top of many wish lists. With visitor numbers and spending already on an upward trend, it looks like the future of the tourism industry in Spain could be bright indeed.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Buying a home in Spain is as easy as TWE with Taylor Wimpey España!

Buying a home in Spain is as easy as TWE with Taylor Wimpey España!

Spain
  • House prices in Spain down 35.2% since 2007 (Market Watch)
  • Prices up 1.15% in Q3 2014 (Property Registrars)
  • Stunning beachfront apartments available from €225,000 (Taylor Wimpey España)

It has been heartening to see Spanish home prices moving in the right direction this past quarter, with the Spanish Property Registrars latest index reporting an increase of 1.15% for Q3 2014 when compared with a year earlier.

With the market at turning point, many people will be looking seriously at Spain with a view to purchasing an investment property, second home or retirement property, wanting to buy while the market is at its lowest point and then enjoy capital growth once prices rise. According to Market Watch, house prices in Spain have fallen 35.2% on average since 2007, so the potential for capital gains is extensive.

Buying overseas can be a confusing business to the un-initiated, so Taylor Wimpey España, Spain’s market-leading homebuilder, has put together some top tips to help buyers understand what they need to do, with Sales and Marketing Director Marc Pritchard showing that buying a home in Spain is as easy as TWE with Taylor Wimpey España.

Taylor Wimpey España’s guide to buying a home in Spain

Trust – firstly, make sure you work with a company that has a proven track record that you can trust in. Grill them on their experience and do your homework online to be sure that you have complete confidence in the company you are working with. Whether you buy directly from a developer or through an agency, be sure you know who you are dealing with and trust them to handle your transaction smoothly.

Work patiently through the purchase process. You may be chomping at the bit to complete, but there are certain legal steps that need to be followed in the right order. If buying a property off plan, you will need to:

  1. Obtain a Spanish fiscal number.
  2. Sign a reservation contract and pay a fee.
  3. Sign a contract of sale (this can take up to 30 days to draw up).
  4. Make staged payments during the construction process.

For homes that have been previously owned, you still need to obtain a fiscal number, then pay a small deposit once your offer has been accepted, followed by legal investigations and the signing of the contract of sale.

Ensure you pay your fees after the purchase is complete. Several fees and taxes are payable following the completion of the sale and the property will need to be registered at the Spanish Land Registry. Once all this is done, you just need to relax and enjoy your new property!

Many buyers ready to take the Taylor Wimpey España approach and purchase their Spanish home are likely to look in one of three main areas: the Costa Blanca, the Costa del Sol or the Balearic Islands. All three are popular holiday destinations offering beautiful beaches, fantastic restaurants and sunshine aplenty.

On the Costa Blanca, Taylor Wimpey España’s La Vila Paradis is a gated development in an enviable beachfront location offering swimming pools, private parking and delightfully laid out communal gardens. Prices start at €225,000 for a two bedroom apartment.

On Mallorca, the Cala Magrana III development has key-ready two bedroom apartments available from just €230,000, with a 5% cash discount for any buyer who legally completes before the end of the year. Buyers can enjoy the nearby Porto Cristo marina and the pristine Cala Anguila beach, as well as access to excellent local golfing facilities.

Over on the Costa del Sol, Horizon Beach has the last few remaining penthouses available for buyers looking to enjoy spectacular sea views and easy beach access. Prices start at €500,000.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Spanish mortgage changes tempt foreign buyers to purchase Iberian dream homes

Spanish mortgage changes tempt foreign buyers to purchase Iberian dream homes

Spain
  • Lowest ever Euribor rate drives property market movement (Kyero)
  • Number of mortgages up 29.8% in September (National Statistics Institute)
  • Foreigners offered very similar mortgage rates to Spanish nationals (Mortgage Direct)

Spain’s mortgage rate is making headlines at present with Euribor (the rate usually used to set mortgage interest payments in Spain) falling to 0.335% in November with this record low leading many buyers to act fast in order to purchase the property of their dreams.

In fact Spanish mortgages have been on a positive trend for some months with data from the National Statistics Institute showing that the number of mortgages constituted in September was up 29.8% on the year before. This follows year-on-year increases in June, July and August 2014, of 19%, 28.8% and 24% respectively.

So what does this mean for those considering heading off to Spain for a new life?

Martin Dell, Director of Spain’s leading property portal, Kyero.com, which lists over 175,000 properties from 2,500 estate agents, explains,

“Quite simply, better access to finance means more sales to both domestic and overseas buyers. More than 90% of Spanish mortgages are based on Euribor which is at its lowest ever rate. This means huge savings for long term borrowers, tempting many to take out mortgages to buy their dream home.”

Getting a mortgage in Spain is in many ways similar to obtaining one in the UK, with a similar level of paperwork required, according to Kevin Monger of Mortgage Direct. Risk assessment tends to be carried out on a debt-to-income basis, a model that is beginning to be adopted by UK banks as well. Spanish mortgages can be taken out up to the age of 75. Monger comments,

“We have seen a dramatic reduction in mortgage interest rates this year, where foreigners are now being offered very similar rates to Spanish nationals. The banks here have a renewed appetite for lending to non-residents who wish to buy holiday homes or move to Spain.”

Bargain property prices are also tempting foreigners, with Kyero listing attractively priced homes in all areas of Spain. From a townhouse with pool in Almoradi (Alicante) for €79,500, to a country home with plunge pool and river views in Comares (Malaga) for €94,950, the site showcases the best of Spanish property in every price band.

At the top end of the market, those with around €48 million to spend can bag themselves a 237 room frontline beach hotel in Estepona with direct beach access. While getting finance for a property of this stature might prove tricky, certainly mortgages for more reasonable amounts are proving extremely appealing in Spain right now.

The Overseas Guides Company’s latest Quarterly Index has shown that enquiries from individuals wanting to by property abroad have increased 17% since last year. With around 24% of all enquiries relating to it, Spain remains the most popular destination covered by the Index. With the market picking up in 2014, all eyes will be on 2015 to see how fast the positive trends take hold.

For more information and to keep up to date with the latest in Spanish property trends, visit www.kyero.com.

Ditch the grey skies and soak up some sun on these terrific terraces

Ditch the grey skies and soak up some sun on these terrific terraces

Albania Italy Portugal Spain , , ,
  • Winter travel tipped to beat 2.9% increase of 2013/14 season (Eurostat)
  • EU air passenger traffic up 5.6% in October (Airports Council International)
  • Outdoor sun terraces available from as little as €35,000 (Lalzit Bay Resort and Spa)

As the nights draw in and those early morning starts seem ever colder, the idea of sitting outside and soaking up the sun may seem like a distant dream, but the perfect outdoor terrace is actually a lot closer than you might think.

According to Eurostat, the pursuit of winter sun expanded over the 2013/14 season, with 15.4 million more nights spent in hotels and similar establishments within the European Union, an increase of 2.9% on the previous year. The 2014/15 season looks to be a good one too thus far, with the Airports Council International reporting an increase of 5.6% in passenger traffic at EU airports in October.

Some of the main increases in air passenger traffic were recorded in Spanish and Italian airports, while the Eurostat figures put Spain and Italy as two of the three most popular winter tourist destinations. With their warm climates, pretty beaches and short travel time from the UK it is easy to see why many of these tourists want more than just a hotel room and opt for a second home overseas instead. Martin Dell, Director of leading Spanish property portal Kyero.com, explains,

“Being able to bask in the sunshine over the winter months is hugely appealing to buyers from colder countries. For such buyers, outside space is extremely important and a property with a decent outdoor terrace can easily command a price premium over one without.”

It is a fact well understood by Spanish homebuilder Taylor Wimpey España, whose properties feature outdoor areas in the forms of gardens, balconies and roof terraces. Each development also has at least one communal swimming pool for those wishing to take the plunge over the winter months. Sea views, golf views and wide terraces are all tempting buyers at the company’s latest site, the delightfully designed Miraval on the Costa del Sol, where prices start from €245,000.

Over in Italy, luxury holiday home company Appassionata also appreciates the value of outside space. The urban fractional townhouse Casa Tre Archi comes complete with three outdoor terraces, including a large roof terrace with stunning views of the surrounding countryside. Owners can enjoy the three bedroom/three bathroom property for five weeks per year from just £65,000.

For buyers looking a little way beyond Spain and Italy, Portugal and Albania offer plentiful sunshine over the winter months and are both exceptional value for money as holiday destinations. Chris White, Founding Director of boutique real estate agency Ideal Homes Portugal, observes,

“Being outside and enjoying the sunshine is just part of the way of life here in Portugal. From spacious apartments overlooking the sea to detached villas with their own pools, everything is geared towards maximising sunshine. It’s a wonderfully relaxed approach to life.”

In Albania, soaking up rays is also at the top of holidaymakers’ priority lists, as the generously appointed balconies and terraces of the country’s first high-end resort, Lalzit Bay Resort and Spa, demonstrate. With prices starting from as little as €35,000 the resort has something for all budgets, so those who think that a second home with a stunning outdoor sun terrace is beyond their budget may just need to think again.

For more information please contact:

Kyero.com:www.kyero.com

Taylor Wimpey España:+44 8000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Appassionata: +39 073 465 8775 or www.appassionata.com

Lalzit Bay Resort and Spa: +44 845 125 8600 or www.lalzitbay.com

Searching for the ultimate Christmas gift? Why not a second home in Spain!

Searching for the ultimate Christmas gift? Why not a second home in Spain!

Spain
  • Key-ready holiday properties with 5% cash discount for festive buyers (Taylor Wimpey España)
  • UK residents spent 611.5 million nights overseas in 2013 (ONS)
  • Spain is UK’s favourite destination, attracting 11.7 million visitors last year (ONS)

When you’re a kid, Christmas is packed with the promise of sleigh bells in the snow, feasting on chocolate and the wonderment of seeing that Santa has delivered the presents when you wake up on Christmas morning. As a teenager, it’s a time for no school and for asking your parents for over-priced goods that you wouldn’t normally get. When you become a parent, it’s about making it perfect for the little ones and starting the cycle again.

But what about those whose children are past the age of believing in Father Christmas or even so grown up that they have flown the nest? While the holiday period is still full of excitement, it can be tricky to find the perfect gift after so many previous Christmases (and birthdays!) of having done just that.

All is not lost though. This year, Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, has the ultimate Christmas gift in mind – a second home in Spain. He comments,

“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.”

Spain is the UK’s favourite travel destination, according to the Office for National Statistics (ONS), with 11.7 million visits last year (an increase of 5.8% over the 2012 figure). In mainland Spain, on the Costa Blanca, Taylor Wimpey España’s La Vila Paradis – Villajoyosa resort is offering festive purchasers a discounted price of €225,000 for its well thought out two bedroom apartments. The gated development boasts swimming pools, communal gardens and stunning sea views over Paraiso beach.

Alternatively, on the Balearic Island of Mallorca, the Cala Magrana III development has key-ready apartments from just €230,000, with a 5% cash discount for any buyer who legally completes before the end of the year. Porto Cristo marina, Cala Anguila beach and some of Mallorca’s best golf courses are all close to these contemporary apartments.

ONS figures show that visits abroad by UK residents increased by 3.5% in 2013 over the previous year, with 611.5 million nights spent overseas. Why not pick up the ultimate Christmas gift this year by buying a house in Spain and push this figure even higher in 2015?

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

How to dress (your property) for success – top tips from Taylor Wimpey España

How to dress (your property) for success – top tips from Taylor Wimpey España

Spain
  • “Comfort, quality and the exquisite aesthetic” are the order of the day
  • Outdoor furniture more important than indoor for sun-kissed locations
  • Taylor Wimpey España takes care of the furnishings so that buyers can relax from the moment they arrive

Dressing a property to wow potential buyers is a skilled art. Mirrors need to be strategically placed in order to maximise light while avoiding glare. Pictures need to complement the colour scheme while remaining neutral in order to suit a wide range of tastes. The sofa needs to have just the right number of cushions to show how delightfully comfortable it will be the moment the viewer sits down.

While it’s true that those viewing a property are buying it based on its location and other fixed attributes such as the number of rooms and the layout, the way that it is dressed can have a massive impact.

When it comes to dressing show properties for new developments, particularly those overseas that will be bought as second homes, the design becomes even more important. As Spain’s leading homebuilder, Taylor Wimpey España is well aware of the importance of dressing a property for success. Sales and Marketing Director Marc Pritchard comments,

“For many of those interested in buying a second home in Spain, first impressions are everything. They need to walk through the door of the property and get ‘the feeling’ straight away; to know that the property is perfect for them.”

With construction beginning on the company’s new Miraval development this month, Taylor Wimpey España’s Costa del Sol designer, Ana García, will once more be hard at work. The first phase of the development consists of 27 two and three-bedroom apartments, along with a large communal swimming pool and prettily landscaped gardens. Prices start at €240,000.

As with all Taylor Wimpey España’s properties, Miraval has been designed with outdoor living very much in mind. For many purchasers, outdoor furniture is even more important than indoor furniture, as their intention is to spend as much time outdoors as possible. As plans for Miraval’s furniture begin to take shape, we pinned down the Taylor Wimpey España designer to find out her top tips for furnishing a second home overseas.

What are the three key points you keep in mind when furnishing a Taylor Wimpey España apartment?

Comfort, quality and the exquisite aesthetic. I ensure that there is an affinity between the interior and the exterior qualities of the individual apartments and the building as a whole, so that the furnishings complement the design of the development.

How important is the interior design of an apartment in attracting a buyer, compared with the build quality, communal areas and location?

The importance of the interior design is huge. The key to it is to make each apartment different, reflecting in each one the personal taste of each individual and granting them the comfort that they demand for their lifestyle.

Do holiday home owners and full-time residents differ in what they want when furnishing a new apartment?

Yes. The most common difference between them is that the long-stay resident usually demands more functional furniture, whereas holiday home owners may opt for something more stylish and exciting. This is because furniture in a home that is used all the time will undergo more stress than furniture in home that is used part-time, so it needs to be more durable while still looking fantastic.

Which is your favourite room to furnish in an apartment and why?

For me, each room is important as the others when we are furnishing and garnishing. However, I do make a point of taking special care of the areas where the purchasers are going to spend the most time, like the living room and the terrace.

Is there anything else we should know about the role that interior design plays in selling Taylor Wimpey España apartments?

Our experience of dealing with foreigners who are buying property in Spain has shown us that it takes some time for them to get to know an area, which can make it hard for them to find everything they might need to buy for their new home. We try to solve this problem by meeting as many of their needs in advance as possible. That way they can enjoy their holidays without having to worry about where they might be able to buy tablemats or pillow cases!

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Retire to Spain and enjoy a longer life plus a 5% cash discount!

Retire to Spain and enjoy a longer life plus a 5% cash discount!

Spain
  • Spanish life expectancy higher than in the UK (WHO)
  • Spain tops list of retirement destinations for Brits (MGM Advantage)
  • 5% cash discount on retirement properties on Mallorca (Taylor Wimpey España)

The Foreign Office estimates that some 800,000 Brits live in Spain for all or part of each year. The number of those residing permanently is uncertain but best estimates put the figure as being somewhere between 250,000 and 400,000 people.

Spain’s attractions as a retirement destination are clear for all to see, as Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, observes,

“The Spanish lifestyle is hugely appealing to those who have lived and worked all their lives in the UK. The warmth of the Spanish sun, the beautiful beaches and the laidback way of life are a world away from the prospect of retirement in the UK.

“The low cost of living in Spain is also a draw. Quite simply, retirees can get more for their money here in Spain as their pensions stretch further. From food to property, pensioners can take advantage of lower prices in order to indulge in a level of luxury that retirement in the UK would preclude.”

Spain’s proximity to the UK also makes it a popular destination for those looking to enjoy their retirement in the sunshine. Short flight times and cheap fares make it easy for family members to visit, meaning that retirees don’t need to feel isolated from their loved ones just because they have moved overseas.

Those retiring to Spain can even enjoy increased life expectancy, with World Health Organization data showing life expectancy in Spain as 82 years, as opposed to 81 in the United Kingdom.

The global economic downturn briefly impacted on Spain’s popularity as a retirement destination for Brits, but the latest MGM Advantage survey has shown that the Iberian country has regained the top spot, with 13% of the 2,000 Britons who were polled voting for sunny Spain as their retirement destination of choice.

It’s not just mainland Spain that is proving such an attractive destination for pensioners, but also the Spanish islands. Mallorca, where retirees can pick up stunning key-ready properties at Taylor Wimpey España’s Cala Magrana III development from just €230,000, is. With communal pool and lush gardens, the site offers buyers contemporary accommodation with easy access to both the beach and Mallorca’s excellent golfing facilities.

As a special offer, Taylor Wimpey España will apply a 5% cash discount to any buyer who completes their purchase at Cala Magrana III before 31 December 2014, giving those who dream of picking up the ultimate overseas retirement property this side of Christmas an added incentive.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.