Foreign investment in Spanish property grew in 2011 according to figures from the Bank of Spain. After surging by 27.8% through September over the same period in 2010 which experienced a mere 2.6% growth, overall transactions reached 3.6 billion euros with the Bank of Spain reporting that these investments exceeded 1 billion euros for three consecutive quarters, something not seen since 2008.

Marc Pritchard Sales and Marketing Manager of Spain’s leading house builder Taylor Wimpey España comments,

“Foreign investment into Spain has been very changeable in recent years. It progressively declined between 2003 and 2006 only to increase in 2007 however, the upward trend was cut in 2008, during the economic crisis seeing foreign investment fall. However, the news that foreign investment in once again up is a sign that property market conditions are improving with property purchases in the third quarter of 2011 increasing by 19.2% over the same period of 2010, amounting to 1.1 billion euros.

“The increase in Spanish property sales seen in the last quarter of 2011 has spilled over into 2012 as international bargain buyer’s hunt down the best Costa deals with Germany and Nordic countries outspending the Brits, who have been a little slow in spotting new opportunities.”

Nevertheless, the euro´s depreciation against the pound could mean that there will be numerous opportunities for Brits to expatriate to Spain in 2012 with Pritchard stating: “As Spanish property seems more affordable in the eyes of British buyers there now seems to be a slow but sure increase in the demand for villas and apartments along Costa shorelines.”

For those who are thinking about making a Spanish property purchase this year why not take a look at what Taylor Wimpey España has to offer in 2012.

The new Lagunas del Sol development, a residential complex set in a beautiful rural area and located close to the heart of Ciudad Quesada /Rojales is made up of townhouses designed in a natural setting and very close to the beautiful beaches that this area is famous for.

The properties have been built on two floors with 2 or 3 bedrooms, a garden, private parking and outstanding views towards the swimming pools and gardens available now from €114,920.

The Calpesol residential complex in Calpe, Costa Blanca perfectly matches buyer’s needs. Comprised of stunning houses with gardens, this development affords communal swimming pools and three bedroom and two bathroom properties with roofed sun terrace and private parking costing from just €165,000 + NO VAT until 29th February 2012. Last unit available.

The private complex of beautiful 3 bedroom townhouses of Las Brisas de Alenda is located in the peaceful and quiet area adjacent to the Alenda Golf Course while the wonderful beaches of the Costa Blanca are just a 15 minute away.

The Brisas de Alenda Golf complex has generous private gardens, a communal swimming pool and a club house as well as a gym, bar and restaurant costing from just €189,000 + NO VAT until 29th February 2012.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.
 

Alicante takes the top flight destination spot for Brits travelling abroad in 2012 it has been revealed by price comparison website dealchechecker.co.uk.

Up five places from last year, Alicante has always been a popular destination, offering great value getaways. A fall in local prices on everything from a restaurant meal to sun cream combined with the fact that the pound is at a two year high against the euro has made the Costas even more affordable this year according to an annual survey conducted by the Post Office.

Marc Pritchard, Sales and Marketing Manager of Taylor Wimpey España comments,

“In today’s holiday market, people are looking for the best available deals to get the most for their money, and places like Alicante offer just that. To highlight just how affordable, the recent Post Office Survey  highlighted Spain as the second cheapest destination with a price of £37.72 for eight everyday items.  In tough economic times, holiday makers prefer to stick to what they know and the cheaper cost of travel and living in Spain will make the country even more attractive to bargain hunters this year.”

Last year, over 286 million overnight stays were registered in Spanish hotels, representing an increase of 6.4% over the previous year, according to the National Statistics Institute (INE). Indeed, this trend looks set to continue according to a recent report from low cost airline Jet2.com and package holiday specialist, Jet2holidays where 1 in 3 sun seekers stated that they will be heading to the Iberian nation for their main holiday in 2012.

Making travelling to Spain even easier this year, Vueling, Spain’s low cost airline, announced it is adding two new destinations to its list seeing new flights from Cardiff Airport to Alicante and Palma, Mallorca this summer.

Pritchard comments,

“This is excellent news for Spain. These routes are to very popular holiday destinations and have the potential to significantly increase traffic to Spain. We are even more excited by the increase in passenger numbers this year as we have just completed the purchase of an amazing and unique first line plot of land with direct beach access in Villajoyosa between Alicante and Benidorm. All south facing apartments and townhouses will have sea views with Paraiso beach, only 150 feet away. This kind of location has not been seen on the international second home market for years and we are confident it will be a hit.”

For those who are thinking about making a Spanish property purchase this year on the sunny Costa Blanca, why not take a look at what Taylor Wimpey España has to offer in 2012.

The new Lagunas del Sol development, a residential complex set in a beautiful rural area and located close to the heart of Rojales is made up of townhouses designed in a natural setting and very close to the beautiful beaches that this area is famous for.

The properties have been built on two floors with 2 or 3 bedrooms, a garden, private parking and outstanding views towards the swimming pools and gardens available now from €114,920.

The Calpesol residential complex in Calpe, Costa Blanca perfectly matches buyer’s needs. Comprised of stunning houses with gardens, this development affords communal swimming pools and three bedroom and two bathroom properties with roofed sun terrace and private parking costing from just €165,000 + NO VAT until 29th February 2012.

This private complex of beautiful 3 bedroom townhouses of Las Brisas de Alenda is located in the peaceful and quiet area adjacent to the Alenda Golf Course while the wonderful beaches of the Costa Blanca are just a 15 minute away.

The Brisas de Alenda Golf complex has generous private gardens, a communal swimming pool and a club house as well as a gym, bar and restaurant costing from just €189,000 + NO VAT until 29th February 2012.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.

The love affair between British tourists and Spain never seems to falter with the forever popular hot spots of Alicante, Ibiza, Mallorca and Malaga set to soar in 2012 according to a recent What’s Hot in 2012 report from low cost airline Jet2.com and package holiday specialist, Jet2holidays.

The report which identifies the key travel trends for this year, compiled from in-depth research acquired from more than 1000 holidaymakers explains how, in in spite of the current Eurozone crisis, more than 28% of respondents stated that a holiday this year was vital to their health and wellbeing with almost 1 in 3 sun seekers stating that they will be heading to the Iberian nation for their main holiday in 2012.

Meanwhile, a global ranking report from the Spanish holiday property rental portal HomeAway.es, which surveyed around 1,213 users in November 2011, revealed Malaga as the favoured location for British travellers while Palma de Mallorca took second place.

In addition to this, 6 Spanish cities appeared in the Top 10 Holiday destinations report for July, August and September 2011 highlighting Spain’s unflagging appeal. In further support of this, the Benidorm hoteliers association (HOSBEC) 2011 witnessed a 6%increase in hotel accommodation occupancy rates across the Costa Blanca, rising to an impressive 74.2%.

Marc Pritchard, Sales and Marketing Manager at Taylor Wimpey España comments,

“While Spain broke its own tourism record last year, the popularity of the nation looks set to grow even further in 2012. For example, Alicante airport on the Costa Blanca which saw 10 million passengers in 2011, an increase of 500,000 on the previous year has received 15% more requests for flight slots in summer 2012 according to the Spanish airport authority (AENA) which is great news for Spanish tourism and property markets this year.”

In Alicante alone, a greater number of flight operations will be taking place in 2012 seeing the new Icelandic airline WOW Air offer two new weekly flights from Alicante to Reykjavik in Iceland and Zurich, increasing frequency as the year progresses with Swiss airline Edelweiss Air. 

In addition, Jet2.com will open a link with Edinburgh and increase frequencies to Belfast, East Midlands and Newcastle while easyJet will add a new route to the fifth airport in London, Southend. The Russian market will also be strengthened with a weekly charter flight to St. Petersburg from Alicante as of April 2012.

As one of the most famous coastlines in Spain, the Costa Blanca, which attracts millions of visitors each year is traditionally a favourite destination for foreign buyers drawn to the clear blue waters, miles of golden sandy beaches, quaint villages, sophisticated cafes and restaurants and an abundance of historical, cultural and leisure activities.

For those who are thinking about making a Spanish property purchase this year on the sunny Costa Blanca, why not take a look at what Taylor Wimpey España has to offer in 2012.

The new Lagunas del Sol development, a residential complex set in a beautiful rural area and located close to the heart of Rojales is made up of townhouses designed in a natural setting and very close to the beautiful beaches that this area is famous for.

The properties have been built on two floors with 2 or 3 bedrooms, a garden, private parking and outstanding views towards the swimming pools and gardens available now from €114,920.

The Calpesol residential complex in Calpe, Costa Blanca perfectly matches buyer’s needs. Comprised of stunning houses with gardens, this development affords communal swimming pools and three bedroom and two bathroom properties with roofed sun terrace and private parking costing from just €165,000 + NO VAT until 29th February 2012.

This private complex of beautiful 3 bedroom townhouses of Las Brisas de Alenda is located in the peaceful and quiet area adjacent to the Alenda Golf Course while the wonderful beaches of the Costa Blanca are just a 15 minute away.

The Brisas de Alenda Golf complex has generous private gardens, a communal swimming pool and a club house as well as a gym, bar and restaurant costing from just €189,000 + NO VAT until 29th February 2012.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.
 

It was confirmed on the 31st of December 2011 under the Royal Decree – Law 20/2011 that the reduced VAT rate of 4% introduced in 2011 will remain applicable for all new build properties only in Spain throughout 2012.

In an ongoing effort to reduce the volume of stock property in Spain and stimulate the construction sector, the Spanish Government has set IVA (the equivalent of VAT) at 50% until the end of 2012, making purchasers of both first (mostly Spanish nationals) and second new homes liable for only 4% of the purchase price, a saving of €8,000 on a €200,000 home.

But those who purchase a new build property on the stunning Balearic island of Mallorca or Costa Blanca through leading house builder Taylor Wimpey Spain before 29th February 2012 can enjoy an extra 4% off the purchase price, in effect making the property VAT free. Offer on stock properties (limited units).

Marc Pritchard, Sales and Marketing Manager of Taylor Wimpey España explains,

“2012 is set to be the year to invest in Spanish property. Not only will buyers be feeling the benefits of the government reduced IVA (VAT) rate of 4% but they can take advantage of special offers such as our VAT free properties available until the end of February.”

For Spanish property hunters looking to make hefty savings without compromising on quality, Taylor Wimpey España are offering superb Spanish properties located in the popular areas of the Costa del Sol, Costa Blanca and the Balearic island of Mallorca, VAT free until the 29th February 2012.

El Puerto II, Cala D’Or, Mallorca

Located on the south east coast of Mallorca, very close to the glamorous Marina de Cala D’Or El Puerto II consists of 2 bedroom apartments costing from just €195,000 + NO VAT until 29th February 2012.

With communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.

Pollentia Mar, Puerto Pollença, Mallorca

Located in the seaside town of Puerto Pollença, Pollentia Mar is a two bedroom apartment complex, just 50 meters from the beach and Pollensa’s famous Voramar promenade with the last unit fully furnished and VAT free.

The development is a single block of apartments with a communal area and swimming pool. It also has private parking spaces in the basement and four lifts with prices starting at €275,500 + NO VAT until 29th February 2012.

Calpesol, Calpe, Costa Blanca

The Calpesol residential complex in Calpe, Costa Blanca perfectly matches buyer’s needs. Comprised of stunning houses with gardens, this development affords communal swimming pools and three bedroom and two bathroom properties with roofed sun terrace and private parking costing from just €165,000 + NO VAT until 29th February 2012.

Brisas de Alenda, Alicante, Costa Blanca

This private complex of beautiful 3 bedroom townhouses of Las Brisas de Alenda is located in the peaceful and quiet area adjacent to the Alenda Golf Course while the wonderful beaches of the Costa Blanca are just a 15 minute away.

The townhouses come with fully-furnished kitchens, equipped with a vitro-ceramic hob, extractor hood and oven as well as air-conditioning with heat pump, and fitted out wardrobes. All homes are set over two floors with spacious terraces, gardens and two bathrooms.

The Brisas de Alenda Golf complex has generous private gardens, a communal swimming pool and a club house as well as a gym, bar and restaurant costing from just €189,000 + NO VAT until 29th February 2012.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.
 

A growing number of experts believe that the Spanish property market is showing signs of recovery following the well documented economic crash which has plagued numerous global property markets. With a brand new year ahead we ask award-winning Spanish property builders Taylor Wimpey España for insight into the future of Spanish property in 2012.

With years of experience in building some of Spain’s most highly regarded properties, Marc Pritchard, Sales and Marketing Manager of Taylor Wimpey España suggests that the Spanish market has now reached the bottom and will move in a positive direction this year, highlighting a number of aspects that will aid Spain’s recovery.

Sale prices in Spain for quality properties in prime locations were stable in 2011 and Pritchard indicates that this trend will continue into 2012 while properties in less popular inland locations that have reduced infrastructure or no views will drop further in price.

Pritchard predicts that a greater number of lifestyle buyers will enter the second home market this year with very few looking for rental returns. He suggests that the average age of the property buyer will rise up to 55 years old signalling that lifestyle attributes will be of greater importance in 2012.

Furthermore, Pritchard explains that this year is likely to see inflation increase in the UK, with rising interest on bank accounts and unstable stock markets pushing British buyers, Spain’s strongest market, into investing their money in Spanish property.

Finally, when it comes to Taylor Wimpey España this year, Pritchard comments,

“We expect sales levels this year to be in line with 2011, however seeing as we will have additional sales outlets, new developments launching in 2012 and are covering the reinstated IVA tax now at 4% on new build properties until the end of February 2012, we are expecting sales numbers to increase making for an exciting year at Taylor Wimpey España.”

For those thinking about making a Spanish property purchase this year, why not take a look at what Taylor Wimpey España has to offer buyers in 2012.

The Calpesol residential complex in Calpe, Costa Blanca perfectly matches buyer’s needs. Comprised of stunning houses with gardens, this development affords communal swimming pools and three bedroom and two bathroom properties with roofed sun terrace and private parking costing from just €165,000 + NO VAT until 29th February 2012.

Located on the south east coast of Mallorca, very close to the glamorous Marina de Cala D’Or El Puerto II consists of 2 bedroom apartments costing from just €195,000 + NO VAT until 29th February 2012.

With 3 communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.

Having waved goodbye to what was a relatively tough year for the global property market, Kyero.com’s latest analysis of the forever popular Spanish property market highlights some interesting findings, identifying that foreign buyers will continue to look for bargain properties focusing in Spain’s best known areas.

Kyero.com’s  enquiry report analysed almost 130,000 enquiries made by email during the second half of 2011 showing that between July 2011 and December 2011 47.3% of enquiries for properties in Spain sat within the £50k to £100k price range.

Further statistics show that across Spain 31.6% of enquiries made wanted an apartment while 32% desired a 3 bedroom property. Meanwhile, unsurprisingly over half of enquiries (55%) requested a pool.

Marc Pritchard, Sales and Marketing Manager at Taylor Wimpey España comments,

“The Kyero.com report provides an interesting insight into what buyers want from Spanish property. In 2012 it is important to look at trends in buyer behavior and the interest generated regarding Spanish property to identify how to grab the attention of this year’s property buyers.”

Pritchard continues,

“Indeed, the findings show that by province, Alicante and the Costa Blanca remain the favorite locations for foreign property hunters accounting for nearly 35% of enquiries according to Kyero.com’s findings while Malaga in the Costa del Sol followed behind with 14.4%. With this in mind, we at Taylor Wimpey España feel we can meet the needs of customers not only because many of our properties are located in these popular areas but because we can deliver on property type and budget as highlighted in the report. ”

For those who are thinking about making a Spanish property purchase this year, why not take a look at what Taylor Wimpey España has to offer buyers this year.

The Calpesol residential complex in Calpe, Costa Blanca perfectly matches buyer’s needs. Comprised of stunning houses with gardens, this development affords communal swimming pools and three bedroom and two bathroom properties with roofed sun terrace and private parking costing from just €165,000.

Property buyers wishing to soak up the sun in the Costa del Sol should look no further than Los Robles de los Arqueros II. Costing €227,000 this development affords 2 and 3 bedroom, 2 bathroom apartments with amenities including a swimming pool for children and adults as well as community gardens and underground parking all surrounded by a prestigious 18 hole golf course providing everything a property buyer could want and more.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.
 

Property sales made by foreign residents in Spain experienced an increase of 24.7% in the third quarter of 2011 compared to the same period last year according to statistics from The Ministry of Public Transactions.

This figure takes into account all foreigners who live and resident in Spain while further statistics show that the provinces with the greater number of purchases by foreign residents were Alicante (2097), Malaga (951), Barcelona (607), Balearics (516) and Santa Cruz de Tenerife (476).

With this in mind, Spain looks set to continue this trend according to experts with a final rush of property buyers seeking out Spanish real estate before 2011 comes to a close with experts suggesting that tax breaks and low interest rates on savings accounts will be the main factors encouraging buyers to hunt down bargains.

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

“The increase in property sales to foreigners in the last quarter of 2011 shows that many buyers have been discerning enough to strike while the iron is hot and purchase properties that are well priced and in excellent locations. With this in mind, the Holiday Lettings´ Insight Report for 2011 identified that there was a 3% increase in the number of enquires about buying Spanish property between January and October this year compared to the same period in 2010 while the report also discovered that people looking for holiday let opportunities in Spain was the second most-enquired about destination among buy-to-let investors, after the UK, between January and October 2011.

Pritchard continues,

“Indeed, it is looking likely that prices in Spain will begin to increase by the end of 2011 with places like Tenerife and Malaga seeing property values improve signaling good news for the Spanish real estate market next year.”

For those who are thinking about making a Spanish property purchase next year, Taylor Wimpey España has some superb homes available in Mallorca, the Costa del Sol and the Costa Blanca to spice up 2012.

Located on the south east coast of Mallorca, very close to the glamorous Marina de Cala D’Or El Puerto II consists of 2 bedroom apartments costing from just €195,000. With 3 communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.

Los Robles de los Arqueros II, in Benhavis, Costa del Sol offers 2 and 3 bedroom, 2 bathroom apartments with amenities including a swimming pool for children and adults as well as community gardens and underground parking all surrounded by a prestigious 18 hole golf course costing from €227,000.

The Calpesol residential complex in Calpe, Costa Blanca is comprised of stunning houses with gardens and communal swimming pools affording three bedrooms and two bathrooms with roofed sun terrace and private parking costing from just €165,000.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.

After what has been a good year for tourism in Mallorca, 2012 looks set to be an even better one according to research from the World Travel Market.

Figures released during the World Travel Market in London last month highlighted that the number of UK visitors to Spain had increased by 9% between January and September 2011. Meanwhile, these figures also identified the Balearics as the top tourist destination with 24% of the 11 million British visitors travelling to Spain during the first 9 months of this year.

And the good news looks set to continue into 2012 with further reports from the World Travel Market showing that summer bookings are already up for next year with tour operators planning more flights to the Balearics with a particular focus on Mallorca.

Indeed, nearly a fifth of all passengers arriving on low-cost airlines in Spain fly into Palma de Mallorca. In October this year, Palma received the highest number of passengers on low cost airlines reaching nearly 610,000 – four-fifths of the total arrivals to the Balearics and nearly 15% more people than the same month last year while also in October, nearly 90% of arrivals flying in via traditional airlines to the Balearic Islands landed at Palma airport.

With this in mind, it is hardly surprising that tour operators and airlines are promising more flights next year to satisfy growing demand with Ryanair announcing the opening of its 49th European base at Palma airport next year. Opening in March 2012, the budget airline will have four aircrafts based at the airport operating 47 routes; 17 of which are new and include flights from Palma to Cork, Maastricht and Stockholm.

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

“We are happy that the no-frills airline has estimated that it will fly around 2.8 million passengers annually and maintain 2,800 jobs – in the face of economic doom and gloom people want to get away and providing more flight options is a great way to satisfy growing demand. Indeed, with more tourist arrivals next year, the Mallorcan property market looks set for a boost. We are certainly expecting sales levels to be in line with this year particularly as we will have more sales outlets and new developments for property buyers to get their hands on in 2012.”

For those who are contemplating Mallorca in 2012, Taylor Wimpey España has some superb homes available on the golden island.

Located on the south east coast of Mallorca, very close to the glamorous Marina de Cala D’Or El Puerto II consists of 2 bedroom apartments costing from just €195,000 + NO VAT until 2011. With 3 communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.

Cala Magrana III in Mallorca, situated close to Cala Anguila beach and the marina of Porto Cristo comprises 21 stunning 2 bedroom apartments surrounding a communal garden with a swimming pool. Ground floor apartments have a spacious terrace with a garden for private use while top floor apartments benefit from a private roof terrace, affording a great price of €220,000 + VAT.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.