JAVIER BALLESTER, MD of Taylor Wimpey de España talks to us on the Spanish market today and expectations for 2011

by Georgina Spain

 

Taylor Wimpey closed 2009 with 175 home completions in Spain. What is your forecast for the rest of 2010?
Leading up to 2010 there has been less development by Taylor Wimpey de España in Spain and by developers generally across the country, therefore, in the prime locations especially stock is very limited. This has driven us to launch new developments and phases in the high performing regions such as Marbella on the Costa del Sol. Overall with less stock to sell in the completed turnkey developments we anticipate sales generally will be approximately 10% below that of last year but with a resurgence in off plan buyers of the new units there is a positive outlook for 2011.
 
You are saying that you have less stock of finished homes available? How much stock do you have?
          When the downturn hit in 2008, we put a halt to new developments and focused our energy on finishing the existing builds realigning our build strategy to suit market conditions. Today we are very close to closing sales for this existing stock built after 2008. In fact this year properties have sold out in several developments such as Can Roses and Port Verd in Mallorca. Many of our current developments have only a few units remaining and to help the flow of sales discount pricing has been applied. Judging by the uptake of these offers we expect to sell out at Los Altos del Golf, El Puerto, Los Robles I, Las Encinas, Valle de Alenda, and Pollentia Mar by the end of 2010.
 
What new developments are you launching then? What plans do you have for 2011?
          Last February we launched our first new development since the recession started – La Floresta de la Mairena, very close to Marbella on the Costa del Sol. It has been extremely well received by clients seeking off plan investments, safe in the knowledge they are purchasing through an established developer. In the first 3 months we sold 11 homes. Since then we have launched the second phase at El Puerto in Cala D’Or (Mallorca) and this September we are launching Las Brisas at Alenda Golf on the Costa Blanca.
          In 2011 we expect to release two more new developments in Mallorca.
 
The Spanish property market recession has been well publicised throughout the UK and we have heard of several developers going into administration. What is the secret to Taylor Wimpey de España’s success through this difficult time?
The "secret" is based on three factors:
Firstly, our presence and knowledge of the USA market allowed us to assess the depth of this crisis earlier than our competition. Therefore, since 2008, we have been adjusting our prices to reflect the changing market conditions. Even though the prices have been reduced the quality of build has been maintained and our loyal employees have continued to give our customers their all in terms of service, commitment and attitude to quality.
Secondly, our brand is key. The overseas home buyer today is significantly more sophisticated in terms of knowledge and research. They do their due diligence before even stepping on the plane which is a benefit to us as an established developer with a history of excellent developments and service. Buyers know that they are safe in our hands and security really is of huge importance.
Finally, we have an active network of estate agents throughout the UK and the rest of Europe. We have been able to earn their trust based on handling our relationships with professionalism and showing them we are committed to their requirements. Many agents themselves are becoming much more selective about who they work with choosing only to work with the best.
 
Is it true that there are 700,000 stock units waiting to be sold in Spain?
I don’t know if this figure is accurate… nevertheless, it is very important to understand where most of those units are.
Spain is a very fragmented market which varies from one region to another, even from one town to the next. Most of the Spanish property oversupply is concentrated in the domestic markets in the commuter belts of big cities such as Madrid, Valencia or Seville.
On the coast, there are areas with significant oversupply, but after two years with no construction the prime areas are now running out of property to sell. For instance, premium locations like Mallorca are today already in short supply. In these areas, prices are poised to steadily rise during next year to keep pace with demand.
 
Regarding the Costa del Sol, what are your expectations?
Areas like Casares,  Manilva and Calahonda are still suffering from oversupply and will take much longer to recover, but if you are heading to a “premium” location like Marbella or Benahavis,  buyers will find that good product between €200,000 and €300,000 is already hard to find.
It is also very important to research a developer before you buy. With some still struggling to make ends meet we sadly have seen a number of people coming to us having lost deposits as their developer has gone into administration. Ensure your builder has financial stability before parting with any cash, this is especially relevant for off plan purchases.
For information on purchasing property in Spain contact Taylor Wimpey de España on 08000 121 020 orvisit www.taylorwimpeyspain.com.
 
 —- ENDS —-
On the market:
 
Los Robles de Los Arqueros I, Benhavis, Costa del Sol
 
Family friendly 2 and 3 bedroom apartments built in true Mediterranean and Andalusia style. These properties are located close to Marbella and offer a children’s paddling pool, adult pool, stunning communal gardens and underground parking. These properties are available now from €228,000, Contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you live outside of the UK you will need to call 00 34 971 706 244.
 

Taylor Wimpey de España brings your ‘Place in the Sun’ closer to home

by Georgina Spain

 

Taylor Wimpey de España (TWE) the British developer in Spain specialising in apartments and villas in the prime locations of the Costa del Sol, Costa Blanca and Mallorca are showcasing their homes for sale at the A Place in the Sun show this weekend. Throughout the 3 day event being held at the NEC Birmingham (1st – 3rd October, stand number A13) TWE will be offering visitors exceptional and exclusive prices, in some cases over 50% off, on selected remaining stock of early phases and developments in Spain plus FREE inspection visits to these properties in October.
Since the downturn there have been reductions on the sale price of homes, now in many areas the prices have reached their bottom level and as interest from buyers is back as the worst of the economic crisis passed, property prices are now beginning to rise in certain locations, such as Marbella, as the demand for the homes increases, showing that now is the time to buy.
TWE recognise this demand and have launched new off plan property phases and developments to offer their clients what they are looking for in Spain – quality property from a developer you can trust. But for those A Place in the Sun visitors who want to get their key and move in straight away, TWE are offering the last chance to purchase completed homes in hot locations across Spain. In many cases such as Valle de Alenda in Elche on the Costa Blanca, only a couple of properties remain, so to help buyers extensive discounts are being offered to purchasers at the show.
And for those that need to experience the sunshine and relaxed Spanish lifestyle one more time before they make the decision to own their piece of Spain, TWE are offering FREE inspection visits in October to view to the selected stock properties.
Taylor Wimpey de España will also be launching one more thing at the show – their new Facebook page! TWE owners and buyers alike can find out what’s happening near them, events, festivals, restaurant openings, new flights, all the local – on the ground information they’ll need to really enjoy their home in Spain and make the most of the amenities and sights in the region. Follow us on Facebook to get up-to-date info today and to be informed of all special offers on the properties.
For more information on Taylor Wimpey de España and to find out about your home in Spain you can contact their friendly customer services team on 08000 121 020 or visit their website at www.taylorwimpeyspain.com.
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Taylor Wimpey de España can be found at Stand Number A13 at the A Place in the Sun show www.aplaceinthesunlive.com at Birmingham NEC 1st – 3rd October 2010.
Special offer examples:
Valle de Alenda, 2 bedroom apartment from €165,000 (reduced from €267,000)
Calpesol, 3 bedroom townhouses from €165,000 (reduced from €280,249)
El Puerto II Phase I, 2 bedroom apartments from €185,000 (reduced from €248,000)
Pollentia Mar, 2 bedroom apartments from €215,000 (reduced from €440,000)
Los Robles Phase I, 2 bedroom apartments from €215,000 (reduced from €300,000)

Return of the British buyer in Spain

by Georgina Spain

 

According to statistics from the leading British developer in Spain, Taylor Wimpey de España, the British home buyer has returned to the Costas this summer, with leads and property enquiries up 80% in August 2010 compared to August 2009 and visits from Brits on viewing tours to the property developments have also rocketed by 67% compared to the same period last year.
 
Despite the challenging market conditions Taylor Wimpey Spain has also seen sales increase for the first 8 months of 2010. Developments in Mallorca and the Costa del Sol have sold out leading to the launch of new developments in these regions.
 
Victor Sague, Sales & Marketing Director or Taylor Wimpey de España comments,
 
“Over the last couple of years there has been very limited development, especially in the prime locations in Spain, for example, Mallorca and the Costa del Sol. It is in these destinations that we are now seeing demand for quality and well priced property increase and with limited stock now on the market, in some areas property prices are already starting to rise in response to the demand. We have found that there has always been the interest throughout the downturn, however, buyers have been waiting for the market to bottom out before they invest. In the premier destinations, like Marbella, this is without doubt now the case hence the spike in interest and serious buyers.”
 
Victor continues,
 
”Oversupply of property has been suffocating many areas of the market, however, buyers should understand that this is a localised problem, the Spanish market is currently very fragmented. Spanish first residences in and around cities such as Madrid account for much of the oversupply and on the coast the situation varies from region to region, town to town even.
 
“As I have always said… the best units in the best resorts will always sell. For those looking to purchase a bargain home in a prime resort location, they will be disappointed. Yes, prices have adjusted by 20-25% over the last couple of years but there are signs that prices are stabilising and there is still a demand for these desirable locations and now increases in asking prices are reflecting this. Many interested buyers have sat on the fence for the last couple of years, sensibly watching the market, in my opinion, now is an excellent time to buy to make the most of the reduced prices and excellent stock property on offer.”
 
For more information contact Taylor Wimpey de España on 08000 121 020 or visit them at www.taylorwimpeyspain.com.
 
 
— ENDS —
 
Developments sold out:
·         Can Roses, Palma Mallorca
·         Port Verd, Mallorca
 
Reduced stock:
·         1 unit remaining at Las Encinas de Los Arqueros, Costa del Sol
·         4 units at Los Robles 1º phase (Marbella area)
·         3 in Valle de Alenda (Costa Blanca)
·         3 in El Puerto II Phase I
·         2 in Los Altos de Camp de Mar (Mallorca)
 
New developments/ phases released:
·         La Floresta de la Mairena/ Costa del Sol            – 11 out of 23 propertiessold off plan
·         Los Robles II / Los Arqueros/ Costa del Sol       – 4 out of 18 unitssold off plan
·         Las Brisas de Alenda/ Alicante                          – Released last week
·         Los Altos de Camp de Mar Phase II                   – 4 properties

Statistics reveal British motivations for buying property in Spain

by Georgina Spain

 

Figures recently released by British developer Taylor Wimpey de España point to changing trends for those purchasing in Spain. Traditionally known for being one of the top retirement destinations, the statistics reveal that Spain is now attracting younger couples and families. It is also confirmed that one of the most popular hobbies whilst on the Costas is golf.
 
This year so far, 80% of buyers are aged between 30 and 55 years of age, with only 19% of purchases coming from the over 55s. This compares with 68% and 31% respectively in 2009 which suggests that more families are looking to own in the Mediterranean favourite.
 
The proportion of those looking for a holiday residence or a second home has gone up to 75 per cent, which was below 70 per cent in previous years and the number of people looking for a home in which to retire has dropped down to 4% to reflect the decrease in over 55 buyers. Interestingly, despite the economic down turn the numbers of those investing in the Spanish property market has held steady at 13% from 15% in the last couple of years. We can extrapolate from this that Spain has always been a popular destination for investors and the interest is still there from buyers looking to make the most of the reduced prices and turnkey stock in prime locations.
 
Since 2007 however, property budgets have reflected the reduction in disposable income for Brits. Today 72% of buyers purchase a home costing between €150,000 and €250,000 whereas in 2007 this figure was nearly half that and 45% spent between €250,000 and €350,000. Today only 20% are looking to spend this amount and only 5% are prepared to spend more than €350,000. Typically, 60% of buyers look to purchase two bedroom properties, with around 40% desiring three bedrooms.
 
The figures on the pastimes in which the English like to partake when abroad also make for interesting reading and partly explains why Brits flock to certain parts of the country. The statistics show that most English people love the Balearic Islands including the hotspot Mallorca. 45% opted for this popular holiday destination and their golf courses, stunning weather, classy beaches and high class shops. The pull for visitors is very strong with around 23 million passengers passing through the Palma de Mallorca Airport annually and an additional 1.5 million arriving by sea. The Costa del Sol comes very close with 41%. Taylor Wimpey de España has a stronghold in the popular Marbella region of the Costa del Sol, they are one of the only developers launching new product after selling out of their other developments. It would seem the prime locations are still as popular as ever and good property in excellent locations still sell regardless of the economic climate.
 
Golf, by an overwhelming majority is the hobby that draws the English to the Costas, with a whopping 78 per cent placing it top of their list. According to recent surveys, at least 80,000 golfers from around the globe visit Mallorca to play annually. Over the last couple of years however, other hobbies have also started to prick the interest of the English, with hill walking, water sports and tennis being increasingly regarded as important holiday home activities. The consistent demand for outdoor activities has helped to ensure that resorts offer excellent facilities for visitors and owners alike.
 
Victor Sague, Sales & Marketing Director of Taylor Wimpey de España comments, “The figures extracted from our client database of buyers between 2007 and 2010 show clearly that more and more families are looking to Spanish hotspots like Mallorca or the Costa del Sol for holiday and second homes, with two bedroom properties for under €250,000 appearing to be the most popular choice. The range of outdoor sporting activities, golf facilities and water sports, with high class restaurants, bars and shops, has always been a huge pull for Northern Europeans to Spain, along with the relaxed way of life, warm year round climate and the beautiful Mediterranean Sea. We of course seek to only provide homes that our clients demand so I recommend Pollentia Mar in Mallorca for those seeking their own slice of Spanish life that ticks all the boxes.”
 
Pollentia Mar, Puerto Pollensa, Mallorca
 
Pollentia Mar located in the seaside town of Puerto Pollença is a two and three bedroom apartment complex, just 50 meters from the beach and Pollensa’s famous Voramar promenade. Mallorca and its north coast has a variety of very good golf courses and almost every view from the area incorporates the spectacular view of the Sierra Tramontana mountain range or the beautiful bay of Pollença. Pollença is just 35 minutes from Palma de Mallorca. These properties are available now from €220,000.
 
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.

Increased accessibility highlights growth in popularity for Mallorca

by Georgina Spain

 

Mallorca, the largest of the Spanish Balearic islands is set to receive more British visitors in 2011 as new flights scheduled from across the UK (Southampton and Edinburgh) are announced by Thomas Cook and Jet.com.
 
The Chief Executive Officer of Thomas Cook UK & Ireland, Ian Derbyshire, comments,
 
“With its mix of beaches, great weather, fantastic food and entertainment, Mallorca is a fantastic option for families, couples and groups.”
 
And so the airline has planned a weekly Saturday flight service from Southampton to Palma next summer beginning on 28th May 2011.
 
Jet2.com has also recognised the demand for flights to the island by announcing an increase in the number of scheduled flights from 2 per week to 5 per week for the duration of the 2011 summer season.
 
Victor Sague, Sales & Marketing Director of Taylor Wimpey de España, the largest property developer in Mallorca for over 50 years, enthuses,
 
“The British low cost airlines are responding to the increase in visitor numbers that Mallorca has experienced in recent years. 23 million visitors pass through Palma de Mallorca Airport today compared to 6.7 million in 1997. Despite this growth, Mallorca remains one of the most glamorous destinations in Spain, frequented by celebrities and holiday makers alike, drawn in by the charm of the traditional stone villages, the buzz of the marinas and outstanding golf resorts.
 
 “Mallorca offers year round sunshine, Blue Flag beaches and marinas, the relaxed Spanish way of life and a lower cost of living, just some of the reasons that people decide to buy a home this stunning island. 45% of all our enquiries for Spanish homes are for Mallorca and 75% are for holiday homes. Additional flights to Mallorca will certainly benefit our clients; it improves accessibility for them and also widens the goal posts for rental opportunities. With more summer holiday makers there will be more demand for accommodation.”
 
Taylor Wimpey de España currently has 6 developments on the market in Mallorca to suit every taste and budget. For instance you could choose an apartment in Palma, easy to rent, close to the heart of the city and its exciting nightlife for €143,900 or you could select a detached house by a golf course less then 1km from the beach for €410,000.
 
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.
 
— ends —
 
On the Market:
 
Edifici Alber, Palma, Mallorca
1, 2 and 3 bedroom apartments available with various local amenities including commercial and health centres and schools. Close to the city centre this is an investment property in a great location built to a high standard creating a balance of modern and comfortable living. These properties are available now from €143,900. 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.
 
Los Altos del Golf, Andratx, Mallorca
Los Altos del Golf is a Taylor Wimpey’s development nestled in the heart of the golf course of Andratx. It consists of 16 large detached houses split into 2, 3 and 4 bedroom properties. All the properties have generous proportions and offer either spectacular golf or sea views.
 
Our high quality development is only 800 meters from the famous Camp de Mar beach. The development has been designed in the style of a small Mediterranean village with coloured façades, verandas, spacious terraces, gardens and 3 communal swimming pools.
 
These properties are available now from €410,000. 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.

Mallorca – the Global Ocean Race and the property race

by Georgina Spain

 

Already renowned as a luxury location favoured by the yachting and sailing communities with classy restaurants, gorgeous properties and of course the magical Mediterranean Sea, Mallorca has just been announced as the start and finish of the Global Ocean Race 2011-12. With over twenty entries from at least eleven nations it puts the Island on a new international stage. Although many boating enthusiasts are attracted by the facilities, many more stay for the beautiful climate, excellent food and luxury premium property close to the marinas.
 
Now, the Great Race announcement looks set to start another race in property as rental prospects surrounding the Race begin to climb and Mallorca is firmly put back in holiday home purchaser’s sights. Visitors will be clamouring to stay close to the Spanish Island’s shoreline in desirable locations including Puerto Portals. Even the bars and restaurants here ooze wealth and pleasure such as Wellies, Bistro Key West and Tristans which boasts two Michelin stars.
 
Mallorca is particularly proud of it coastline and puts a great deal of effort into maintaining and improving its beaches and marinas. This year eighteen marinas have been awarded a Blue Flag, one more than last year. Spain as a whole has been given more awards than any other nation with a total of 605 and according to the Association for Environmental Education the Balearic Islands have secured the largest increase this year across the whole country with eighty-five in total.
 
The combination of glamour and the outdoor lifestyle in Mallorca is highly appealing and has not escaped the attention of the A List celebrities. Many celebrity homes are dotted around the area and TV stars and famous personalities can be spotted in bars and restaurants in the Port.  One or two even own boats here including Steve McFadden (Phil Mitchell in EastEnders), former Blue Peter presenter Anthea Turner and her husband Grant Bovey, and nightclub owner Peter Stringfellow.
 
Dining and drinking aside there are also many popular leisure activities on offer in the area of Puerto Portals such as scuba diving, water-skiing and of course sailing, all of which are year round hobbies in Mallorca with mild winter climes. For those who prefer to keep their feet on terra firma there are also activities such as beach volleyball and cycling. In addition, festivals and exhibitions showcasing sports cars, flowers, books and comics provide a continuous stream of activities throughout the year with family groups and children specifically catered for. The traditional Spanish celebrations throughout the year are events not to be missed, the locals and visitors alike all come together on prominent religious dates in Mallorca and across Spain.
 
Unsurprisingly, the increasing desirability of all that Mallorca has to offer has pushed up visitor numbers markedly throughout the years. In 1960, Majorca received half a million visitors but by 1997 this had increased to 6.7 million. Today, around 23 million passengers pass through Palma de Mallorca Airport with an additional one and a half arriving by sea. With such a demand on the island, more than half of the population works in the tourist sector, accounting for approximately eighty per cent of the Mallorca’s GDP.
 
Like with any international event, the tourism sector will put huge efforts into the opening and closing ceremonies and it will be no different for the Great Ocean Race in Mallorca. With support from Government bodies and corporate partners, the build-up to the start and finish of the race will be spectacular. The Island is highly regarded in the world of water sports and already hosts premium yacht racing events such as the Copa del Rey, the Palma Velas as well as the Superyacht Cup. It has high-quality marine services, fantastic sailing conditions, stunning scenery, a rich maritime history and a vibrant onshore scene.
 
Taylor Wimpey, who has over fifty years of property development experience in Mallorca, has just completed a new residential complex close to the marina in Puerto Portals. Victor Sague, their Sales & Marketing Director says,
 
“The local area is already noted for being fashionable, desirable and fantastic for boat owners and beach lovers alike. News of the Great Ocean Race will only increase demand for this attractive location. With one year to go until the race begins, savvy buyers have the opportunity to purchase their holiday home today and with only a few units remaining buyers need to act quickly.
 
“Mallorca’s property market has not been affected by the recession like some regions in mainland Spain mainly due to the lack of stock available compared to the demand for homes on the Island. Spain as a whole is a very fragmented market and good locations and quality property will always sell well whatever the market conditions. International events just add to their appeal. We’ll certainly by reserving our front row seats for the Race next year!
 
 
Portals, Puerto Portals, Mallorca
This new residential complex consists of 7 luxurious and spacious 3 bedrooms properties of approximately 143 m2 with 34 m2 terraces. The complex has private underground parking spaces, lush communal gardens and a communal swimming pool. The ground floor properties have a private patio area and the rest have magnificent terraces. The properties provide fully equipped and furnished kitchens, with top quality finishes. The Royal Bendinat Golf, whose president is King Juan Carlos I of Spain is close by.
 
Taylor Wimpey de España’s luxury apartment complex is very well connected by road to Palma de Mallorca by the Ma-1 motorway and only 15 minutes drive away. It is also well connected to the Son Sant Joan international airport, with excellent connections to UK and most European cities.
 
These properties are available now from €600,000. Contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com for more information.

The attraction of Marbella welcomes the attraction of Obama

by Georgina Spain

 

Marbella, in the heart of the Costa del Sol, is one of the most popular, best known and most glamorous locations in Spain. Its reputation for attractions, weather and celebration tempts people from across the world, including celebrities such as Antonio Banderas, Melanie Griffith, Joan Collins and Sean Connery. This year however the glamour has inched up a notch with a presidential seal of approval.
 
Michelle Obama has arrived in Marbella for what the White House has described as a four-day "private, mother-daughter trip with long time family friends". That’s no surprise to the increasing number of Britons who are choosing to holiday or live in this attractive and sunny part of the world. Indeed, recent figures released from Málaga Airport show it has experienced a 2.2% increase in passenger numbers between June 2009 and June 2010. In addition, figures from primelocation.com reveal that internet searches by Britons for Spanish property have increased over the same period by a whopping 151%. In fact, Spain accounts for a third of all searches.
 
Why is it then that interest for this small corner of Spain never wanes? Cities like Marbella have numerous attractions enticing all nationalities; this stretch of coast boasts several Blue Flag beaches, there are beautiful parks and designated national parks for the great outdoors experience along with plenty of bars, restaurants, theatres, cinemas and clubs for evenings out.
 
The thriving nightlife in the city attracts many thousands of visitors every year. Marbella town is a fantastic place to experience traditional Spanish festivities especially important religious celebrations such as Easter, Christmas and New Year. Plus there are many events and festivals throughout the year celebrating food, music, film, fishing and more, including summer bull fights and horse and carriage rides. Whether Michelle Obama and her daughter decide to experience this lively side to Marbella is yet to be seen but what certainly remains true is that Michelle Obama vacationing here adds even more chic and glamour to the fashionable resort.
 
The impact of the economic problems of 2008 affected Spain nationwide; however, with the nature of Marbella’s high profile, this region’s economic climate has been documented more than most with particular attention to the property market. Agents and developers have suffered in the down turn with some devastating effects. However, for some developers there has been a resurgence in demand for second homes over the last twelve months which they have attributed to the more realistic pricing developers have adopted to maintain property interest. One of these developers, Taylor Wimpey de España, is seeing huge sales success having sold a quarter of the homes in its La Floresta de la Mairena residential complex in the last four months.
 
As a result of the increased buoyancy of the market they have decided to invest in a new development in Marbella (Benahavis) close to Puerto Banus. Taylor Wimpey de España has launched Los Robles II, which is just two kilometres from the luxury hotel where Michelle Obama is currently staying. This new real estate project at the Los Arqueros Golf Resort & Country Club will begin construction this summer.
 
Since 1997 the company has sold more than 1,200 homes in the area and currently has reserves of land for 650 new homes. Despite the more than fifty years of experience in Spain, the global economic circumstances presented a new challenge to the business, explains Victor Sagué, Sales and Marketing Director of Taylor Wimpey de España,
 
“Times were difficult but the sales results we saw with La Floresta was a pleasant surprise. We discovered that the secret is actually just about decent, sensible pricing which reflects the circumstances and realities people are facing.”
 
The business has fared well despite the economic downturn, with over 95% of its stock of buildings in the Costa del Sol sold.
 
“When there is a major crisis of confidence among buyers as has been the case recently, the strength of the brand plays in increasingly key role. The more uncertain the times, the more security people want and that is particularly true when it comes to such a significant purchase of a property,” says Sagué.
 
Los Robles de Los Arqueros II, Benhavis, Costa del Sol
 
Los Robles de los Arqueros (Phase 2) is a new Taylor Wimpey development situated in one of the best areas of Marbella, the prestigious Los Arqueros golf course. The residential complex has stunning sea and golf views, wide streets, beautiful gardens and the look of a Mediterranean village. It consists of only eight apartment blocks, all just three storeys high and crowned with spectacular penthouses that have a magnificent terrace and pergola.
 
Apartments come with 2 or 3 large bedrooms with 2 bathrooms and luxury finishes. The complex features a lift, swimming pool for children and adults, community gardens,
underground parking, storage and 24 hour security.It is surrounded by a prestigious golf course with 18 +9 holes. The homes have large terraces with spectacular views over the golf course and sea. Completion of the project is scheduled for the 1st quarter of 2012.
 
Los Robles de los Arqueros is located in a prestigious area of the Costa del Sol, close to Marbella, the famous port of Puerto Banús, San Pedro de Alcántara and the beautiful landscape of the Ronda hills.
 

These properties are available now from €232,000, Contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com for more information.

AB Property Marketing wins Taylor Wimpey de España Public Relations Account

by Charlotte Ashton Spain ,

 

Specialist property public relations agency, AB Property Marketing, has won the prestigious Taylor Wimpey de España account adding to their overseas property client portfolio.
Taylor Wimpey de España, part of Taylor Wimpey plc, is the only major UK house developer in Spain and currently they are one of the only developers to be building and launching new property developments in the Costa del Sol, Costa Blanca and Mallorca.
Víctor Sague, Sales & Marketing Director of Taylor Wimpey de España comments,
“2010 benchmarks over 50 years that Taylor Wimpey have been building in Spain. Since the company’s establishment in Mallorca the company has developed to fulfil client demands, expanding into the costas on the mainland and also broadening the product offering. One thing the company has never lost sight of is its ingrained ethos of ‘peace of mind’. The exceptional customer service and the delivery of quality properties have meant that more recently we have emerged from the recession, a slightly trimmer version of what we were 5 or 10 years ago but as strong and reliable as ever.
Moving forward we are making key partnerships to assist us in maintaining and developing the brand and driving sales leads. We know from client feedback that the desire to buy abroad is still there and that our customers are happy with Taylor Wimpey de España, 98% surveyed said they would buy with us again. So we are looking to reach out to new customers, nurture our owner relationships and increase our visibility in the market as it stands today. One of the ways we intend to do this is through promoting the company through the UK and Irish media and from AB Property Marketing’s proven track record of delivering PR results we are confident working with them will help us achieve this.”
Amanda Sharples, Director or AB Property Marketing continues,
“On behalf of the ABPM team, we are looking forward to working with such an established and reputable developer, they are certainly a prestigious brand and have proven themselves a reliable developer in Spain. We have identified several areas in which to aim for increased media reach and publicity on and offline for Taylor Wimpey de España in order to further enhance the brand and to generate sales leads. Above all it is always a pleasure to work with such positive and professional people in the industry.
For further information about Taylor Wimpey de Espana, services and properties or alternatively to enquire about public relations services contact AB Property Marketing on 01737 222334 or visit www.abpropertymarketing.co.uk.
Agents please contact Taylor Wimpey de España on 08000 121 020 or contact the UK Agent Manager directly on marc.pritchard@es.taylorwimpey.com . Visit www.taylorwimpeyspain.com.

Improved accessibility to paradise island of Boracay

by Charlotte Ashton Spain

The prestigious San Miguel Corporation, with a track record of investing in the finest global locations, is to purchase a majority share in the modernisation of Caticlan airport. 

The gateway to the Philippines’ world-famous tourist hotspot of Boracay Island, Caticlan airport allows direct air access to the paradise island from Manila in under 35 minutes. The upgrade, consisting of a larger passenger terminal, runway extension to accommodate bigger aircraft, improvement of airport facilities and surrounding road network, is worth over £36 million and will enable greater passenger traffic and cheaper airfares as larger, more cost effective aircraft will be accommodated.
Steven Worboys, MD of Experience International which specialises in property in the Philippines, comments,
“The modernisation of Caticlan airport spells good news for property owners such as those at Continent Fairways on Boracay as increasing tourist arrivals will boost demand for quality accommodation and in turn rental incomes and property prices.”
The upgrade works are currently underway and are due to be fully completed within seven years.      
For those interested in purchasing property in the Philippines then the Continent Fairways luxury resort development occupying a prime location on Boracay Island is worth consideration. This low risk, high return and hassle free investment comprises 56 luxury fully furnished hotel suites and apartments within the grounds of a championship par 72 golf course. Investment is from only £26,000 with net yields of 12.4% and 60% finance available.
For more information please contact Experience International on + 44 (0) 207 321 5858 or visit www.experience-international.com.

Why our love for Spain just isn´t on the wane

by Charlotte Ashton Spain

 

At the beginning of the year Skyscanner.net revealed their top 10 most searched for destinations by UK visitors for travel in 2009 and Spanish locations including Malaga, Alicante, Tenerife, Palma and Murcia secured five of the top ten spots and nearly a quarter of the top 50. As the recession bites, consumers still want to enjoy their overseas summer holidays to which they have become accustomed but are looking at cheaper destinations and to take advantage of discounts being offered by tour operators such as Thomas Cook who are reported to be offering up to £150 off breaks to Spain as part of their ´Holiday Sale´.
 
And it´s not just summer holiday makers who are viewing Spain as a destination of choice as more foreign nationals than ever before are choosing to get married in popular Spanish resorts such as the Costa del Sol. Reduced costs prompt many to make the choice but the climate, scenery and culture also prove real draws.
 
The Spanish government is well aware of the importance of the tourism sector to the country´s overall economic health accounting for approximately 11% of jobs and GDP and so the additional €600 million which will be allocated in 2009 to help the tourism industry face global competition (in addition to the €400 million allocated and spent in 2008) is most welcome. The funds will be used to upgrade and modernize existing tourism facilities, infrastructure and accommodation and it is hoped that the projects will provide much needed employment, especially for those construction workers made redundant through the collapse of the property boom.
 
One area in particular is receiving significant investment – the Costa del Sol. Dubbed the ´Playground of Europe´ this stretch of Mediterranean coastline has for nearly 50 years been a focal point for visitors seeking sun, sea and sand not to mention luxury living. And now over €5 million is being invested by the Spanish tourism authorities to upgrade 12 beaches stretching from Torremolinos to Casares, with new shower facilities and lighting being installed as well as promenade construction and maintenance.
 
Adding to the magic of Marbella, the social centre of the Costa del Sol, a new hotel called Lorcrimar is expected to open at Easter according to publicist (and Marbella home owner) Max Clifford´s Times column and with its restaurant, Sisu Novelli, being run by the famous French chef, Jean-Christophe Novelli it´s sure to be a real draw.
 
It´s not however just good food and clean beaches that are attracting British attention to Spain. The enduring love affair with Spanish property and the dream to start a new life in the sun does not seem to be abating, even in light of the weakening of the pound.
 
Recent surveys such as the Jan – Feb 2009 statistics from overseas property portal PropertyIndex.com support this with data revealing a 26% rise in searches for Spanish property compared to the same period last year. Julia Norton, Sales Manager of the new Champneys Marbella resort, comments,
 
"Having worked in the Spanish property market for nearly a decade I firmly believe that Spain is an enduring market and has something for everyone. Britons have an affinity for this country and many still see it as a viable alternative to recession hit Britain.
 
"I have seen however that buyers demands´ are changing; with such a glut of property stock available buyers are becoming far more selective about what and where they purchase. They are looking not necessarily for cheap, entry level properties but for value for money, for well constructed, well located homes with potential for return on their investment."
 
And the new Champneys Marbella resort nestled in the hills overlooking Marbella is one such development which offers not only luxury living but will capitalise on the burgeoning spa tourism sector. The first Champneys resort outside the UK comprises 2 bedroom apartments and penthouses all finished to the highest of standards. The 2 bedroom apartments boast interior gardens, state of the art gas fireplaces, stunning courtyards with peaceful Moorish fountains, and high quality marble bathrooms, hot and cold air-conditioning and fully fitted kitchens, with prices starting at €696,358. There are just two 2 bedroom penthouses left featuring the same first class features alongside the luxury of private lifts to both of the two floors, double height ceilings and stunning galleried second bedrooms as well as a private plunge pool, with prices at €971,729 and €1,026,705.
 
The Champneys resort now under construction offers the very best in facilities, with heated indoor and outdoor pools, twenty-five therapy rooms, manicure salon, sauna and Turkish bath, Jacuzzi terrace, and gymnasium, as well as relaxation areas, sun terraces, conservatory gardens, Moorish Plaza with hanging gardens and water features and Champneys clubhouse and restaurant.
 
Owners can also take advantage the Champneys Rental Pool which means that the resort will manage the rental of the property and in turn tie it in with Champneys Spa Packages, thus encouraging the best potential rental.
 
For more information about buying in Spain or indeed in the Champneys Marbella project please call Julia on 01442 291200 or visit www.champneysmarbella.com.