No pain in Spain as Taylor Wimpey de España records significant increase in foreign sales – but who’s buying in 2014?
The latest data from Spain’s leading house builder, Taylor Wimpey España, suggests that 2013 saw the end of the pain in the Spanish property market with a substantial increase in enquiries by foreign buyers last year compared to 2012.
In addition to an increase in traditional British buyer interest, enquiry levels rose markedly during 2013 with a staggering increase from Middle Eastern buyers topping the list, with Belgians following in second place, and Italian, Swiss and Russian purchasers all showing an increased amount of activity, boosting overall property sales throughout last year illustrating just how broad the appeal of owning a home in Spain is.
Marc Pritchard, Sales and Marketing Director of Taylor Wimpey de España comments:
“Obviously in this current climate we are delighted with the 2013 enquiry rate. Buyers are aware that prices have realigned from 2009 and this is having an impact on purchasing confidence.
“Secondly, buyers from non-EU countries have become more prominent on the Spanish property market throughout the last 12 months, looking to take full advantage of the new golden visa law set to come into play later this year, enabling Spanish residency for purchases of property over €500,000.
“Here at Taylor Wimpey España we have already seen a huge influx of Russian and Middle Eastern buyers and we predict an even bigger increase throughout 2014 with the potential of newly affluent Asian buyers following suit as their wealth swells and the Chinese government steps up a three-year campaign to cool home prices. We also expect buyers from those EU countries which have not been so badly hit by the global downturn such as Germany, Norway, Sweden and Denmark to continue to push Spanish property sales up this year.”
Meeting demand from both EU and non-EU buyers, Taylor Wimpey de España is continuing to release high quality new developments to the market. The Costa Blanca market is proving particularly buoyant at present and is the perfect place in the sun for your dream Spanish getaway.
Indeed, according to data provided by the Spanish Institution of the Government Infrastructure (EIGE), the region continues to lead in home sales to foreigners grabbing 32% of the total sales volume across Spain making the newly released Taylor Wimpey España apartments in the region in high demand.
So what are you waiting for? Pack your bathers and take a look before the world descends on Spain!
The Calpesolresidential complex is situated in the small tourist town of Calpe, in a desirable, peaceful spot only 5 minutes from the beach. It consists of properties boasting 3 bedrooms, cloakroom, 2 bathrooms, terrace, private garden and also benefit from outdoor parking, all for just €168,000.
Located one hour from Valencia and 35 minutes from Alicante, these beautiful homes, located in a scenic beach side valley surrounded by mountain landscape, offering various activities such as water sports and golf, are mot to be missed!
For more information 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 +34 971 70 69 72.