No rain in Spain with 8% increase in tourism and positive property sales recorded

Spain has enjoyed a much improved year in terms of tourism levels welcoming 50.9 million visitors in the first 10 months of 2011, an 8% increase compared with the same period last year. In fact, Spain has shown no signs of slowing down with around 5.1 million arrivals entering the country last month.

October alone saw around 24.7 million overnight stays recorded by hotel establishments across Spain, a 3.2% increase over the same month in 2010 while 52% of all available bed places were filled in October, marking a year-on-year increase of 2.2% according to the latest data from the National Statistics Institute.

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

“In spite of the waves of recession and economic hardship, Spain this year has managed to perform well experiencing a record breaking summer. This year has also been positive for Taylor Wimpey España, selling nearly 30 units in the Costa del Sol alone to date, a performance better than last year.

“Last month alone we saw just over 15% of enquiries for Malaga, compared to only 10% for the Balearics and only 8% for Alicante with the biggest buyers remaining our loyal British fans. Our research shows that 53% of all leads derive from British property hunters who also make up at least 28% of Taylor Wimpey España sales.”

Indeed, as a first choice destination for many British travellers, the president of the Tourism Board of the Costa del Sol, Elías Bendodo, has introduced a new brand under the title “Living Costa del Sol”, with the aim of attracting more British tourists and property buyers to Spain.

While the overall aim is to increase property sales to the British market to help boost the economy and to clear the surplus of unsold property, Bendodo believes that the initiative will “convince British tourists to relocate their permanent home to the Costa del Sol, where they can live the dream.” The plan however, also involves promoting the region to German, Scandinavian, Italian and French markets.

Meanwhile, Taylor Wimpey España has their own initiative in place providing potential property buyers the chance to snap up a beautiful VAT free Spanish property until the 31st December 2011.

With just under 5 weeks left, the NO VAT policy assists potential buyers further, allowing them to make significant savings on properties such as La Floresta de la Mairena set near the village of Elviria and its beach, very close to Marbella.

Set in beautiful surroundings which have been declared a natural biosphere reserve by UNESCO, the development benefits from stunning views and affords 2 large communal swimming pools, landscaped gardens and external private parking.

Consisting of 2 bedroom apartments measuring 141 square meters and 3 bedroom penthouses measuring 239 square meters, all units are built to the highest standard with first-class finishes costing from only €178,000 + NO VAT.

For those who have a little more cash to spend 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.

Surrounded by a prestigious 18 hole golf course these properties afford large terraces with spectacular views over the golf course and sea costing from €227,000.

For more information on buying Costa del Sol property 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.