What can you buy in Spain for the price of a home in England?
- Average house price in England is £243,339 (HM Land Registry)
- House sales to foreigners on Costa Blanca up 17.5% (Ministry of Development)
- Average house price in Alicante province is £200,000 (Kyero)
For many Brits aiming to purchase a second property in 2018, the idea of owning a sun-drenched home within a short distance of the sea is the dream. But with the price of the average house in England now £243,339 (HM Land Registry, November 2017), turning this dream into reality is unlikely.
More and more Brits therefore are heading abroad to Spain to get their dream beach house with the holiday hotspot of the Costa Blanca on Spain’s south-eastern coast, also a favourite second home destination.
The Costa Blanca, or ‘White Coast’, has seen its popularity rise once again with a record 6.3 million foreign visitors in 2017 according to the Valencian Tourism Agency.
“The Costa Blanca remains very much at the top of the list for British second home buyers. British citizens are looking for quality homes that offer great value. Spacious, beachfront homes are the biggest winners and when you can buy the same house for half the price overseas, it makes you think twice.”
Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España
Indeed, official figures reveal that foreigners were the biggest buyers on the Costa Blanca with 4,906 homes sold in Q3 2017, a 7.5% rise in sales to foreigners compared to the same period in 2016, recorded the Ministry of Development. With data from Kyero.com revealing that the average property price in Alicante province is just €225,000 (£200,000) and properties in hotspots such as Torrevieja and La Marina costing just €132,000 (£117,000) and €148,000 (£130,000) respectively, it’s not hard to see why Brits are flocking to the Costa Blanca.
Always conscious of buyers’ budgets, leading housebuilder, Taylor Wimpey España, operational in Spain for 60 years, is answering this rising demand for second homes in the area with a selection of seaside properties, far more affordable than those in England.
La Villa Paradis is a large development in a wonderful seafront location in Villajoyosa. Available from just €269,000 + VAT, its 2 bedroom apartments boast a well-designed layout, each with a private terrace with owners able to enjoy beautiful views over the Mediterranean Sea, swimming pool and private gardens of the development. Its great location – 20 minutes from central Alicante – make apartments at La Villa Paradis one of the best options when buying a home in Costa Blanca.
Arenal Dream is a 47-unit development comprised of 2 and 3 bedroom apartments built and finished with the highest quality materials. For just €239,000 + VAT, owners can enjoy a property that offers ample space, gardens or terraces, communal swimming pool, underground parking, air con and storage – better value than the average UK home! Located in Javea, known as the Pearl of Costa Blanca, Arenal Dream also boasts panoramic sea views and is only 300 meters from Blue Flag beaches.
For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.