Viva España! Overseas buyers purchase more Spanish homes than domestic buyers

Viva España! Overseas buyers purchase more Spanish homes than domestic buyers

Spain
  • Overseas buyers’ purchases in the Alicante Province accounted for 50.6% of all Spanish residential sales in 2015 (Ministerio de Fomento)
  • Residential sales to overseas buyers in Alicante increased by 26% in February in comparison to the same month last year (INE)
  • Costa Blanca properties on Taylor Wimpey España website draw 31% more traffic in Q1 2016 visits than the previous year (Taylor Wimpey España)

After a thriving start to 2016, Spain’s property market looks set to reclaim its status amongst overseas buyers as it continues to go from strength to strength. According to the most recent property statistics published by the Ministry of Development (Ministerio de Fomento), the number of homes purchased by overseas buyers in Q4 of 2015 increased more than 10% in comparison with the same period in the previous year.

The report showed that throughout Spain one property transaction in every six is completed by an international buyer but it is the coastal regions that continue to prove substantially more appealing for those reviewing the market from overseas. In 2015, overseas buyers purchasing property in the Alicante Province accounted for 50.6% of all Spanish residential sales, surpassing annual domestic demand for the first time in years.

The latest figures from the National Institute of Statistics (INE) also highlight the increasing interest in the Costa Blanca region with February sales up significantly on the same month last year. Sales to international buyers in Alicante increased by 26%, confirming the upward trend of buyer activity in the region. Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, recognises that the Costa Blanca is a favourite amongst overseas buyers and believes that its popularity will continue to build throughout 2016. He comments,

“International buyers, particularly Brits, have always been attracted to all that the Costa Blanca has to offer and we have definitely observed a rise in enquiries for property in this region. The traditional hotspots of Torrevieja and Orihuela are still very sought after and are performing extremely well, with prices for new build properties rising. There is demand from all over Europe, especially amongst UK, Swedish and Belgian buyers. Interestingly, other markets expressing an increased interest in this area are the Dutch and the French.”

The latest figures from Taylor Wimpey España show that during Q1 of 2016, visits to the Costa Blanca properties on their website increased by 31% in comparison to the previous year. The rise in enquiries this year emphasises that the growing demand for the already popular region is set to continue. Marc continues,

“With demand growing, this area is currently home to the most building activity in all of Spain. Although we are not quite at the same level as the heyday of 10 years ago, I believe that it is heading in the right direction and the future looks bright for Spanish property. Taylor Wimpey España have brand new developments in the region and we look forward to introducing all prospective buyers to everything that the Costa Blanca has to offer.”

The new Jardin del Mar residential complex is comprised of both two and three bedroom apartments and three bedroom duplexes, all with two bathrooms, air-conditioning and an underground parking space. Situated in the beautiful town of Javea, also known as the Pearl of the Costa Blanca, Jardin del Mar properties offer direct access to Primer Montañar Beach and its prime location means Alicante Airport and Valencia Airport, Manises, are both a 1 hour drive away.

Prices start from just €244,000, with every ground floor apartment opening onto a private garden whilst the duplex homes provide residents with breath taking sea views. Communal areas to be enjoyed by all include luscious gardens and a swimming pool. Shops and other local amenities are within walking distance, and a pedestrian pathway with a cycle lane passes right in front of the complex, connecting the Aduanas del Mar port with Arenal Beach, offering a perfect setting for strolling and admiring the spectacular land and seascapes of the Javea coastline.

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

Spain reigns supreme as leading tourist destination with Irish visitors increasing by 20%

Spain reigns supreme as leading tourist destination with Irish visitors increasing by 20%

Spain
  • Irish tourists to Spain in January and February increase by 20.2% when compared with same period last year (National Statistics Institute)
  • Spain ranks second only to UK for Irish holidaymakers (Central Statistics Office)
  • Taylor Wimpey España sales to Irish buyers increased by 200% in 2015 compared with previous year

As Spain continues to attract a growing number of overseas visitors, recent figures show that the first two months of 2016 saw 7.2 million international tourists visit the popular Mediterranean destination, a 12.5% increase in comparison to the same period last year. According to the latest Survey of Tourist Movements in Frontera (Frontur), released by the National Statistics Institute (INE), it was those arriving from Ireland that stood out, with a significant increase of 20.2% over the course of last year.

The Central Statistics Office (CSO) recently reported the total number of international trips made by Irish residents between December 2015 and February 2016 increased by 7.7% when compared to the year before, with Spain ranking second only to the UK in relation to destination choice. This growing interest in Spain is now also beginning to transfer across to the second home market, with leading Spanish homebuilder Taylor Wimpey España experiencing a substantial rise in Irish enquiries.

Taylor Wimpey España sales to Irish buyers increased by an impressive 200% in 2015 compared with the previous year and the latest tourism figures suggest that the green isle’s interest in Spain is continuing to blossom. Taylor Wimpey España’s Sales and Marketing Director, Marc Pritchard, comments,

“As Spain’s popularity as a holiday destination continues to grow, we have certainly noticed an influx of interest in the second home market with a definite increase from prospective Irish buyers. With international tourists returning to Spain, the idea of a owning a holiday home is becoming more appealing, especially for those in neighbouring countries like Ireland, which are easily accessible due to frequent flight routes.”

Panorama Mar is Taylor Wimpey Espana’s new frontline development, situated on Punta Prima Beach in Torrevieja. This private residential complex offers an array of 2 and 3 bedroom apartments, all designed for both comfort and convenience, with 2 bathrooms and an underground parking space. Each apartment in the first phase is south facing and therefore blessed with spacious terraces and stunning views over the Mediterranean Sea.

With prices starting from just €223,000, every resident will be able to use the three communal swimming pools and Jacuzzi facility, as well as being granted direct access to the beach promenade. Whilst being an area of natural beauty right on the waterfront, Punta Prima is also blessed with excellent transport links. The San Javier Airport in Murcia is only a 30 minute drive and Alicante’s International Airport is just 45 minutes away.

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

Taylor Wimpey España reveals new sea front development as Spanish market set to sizzle this summer

Taylor Wimpey España reveals new sea front development as Spanish market set to sizzle this summer

Spain
  • 20% increase in the number of Spanish property transactions in 2016 compared with previous year (CBRE)
  • Average property prices in Spain will increase by 5.9% on average this year (CBRE)
  • Taylor Wimpey España launches new frontline development on the Costa Blanca

With summer on the not so distant horizon, thoughts turn to the much needed glimpse of sunshine, and that dream holiday home. The most recent CBRE report suggests that this year’s destination of choice is most definitely Spain, with projections for 2016 showing that there will be a substantial 20% increase in property transactions in comparison to last year’s figures.

According to this latest report, real estate experts CBRE also forecast that the average property price in Spain will rise by 5.9% on average this year, peaking at an incredible 6.3% growth in the third quarter. With prices set to increase so dramatically over the course of just 12 months, Spain’s already appealing housing market is becoming even more so, causing an influx of both new and renewed demand for property.

Answering this growing demand within Spain’s affluent market, leading Spanish homebuilder, Taylor Wimpey España have just revealed details of their newest frontline development, Panorama Mar, situated on the Punta Prima beach. Taylor Wimpey España are confident in the growing success of the Spanish property market and expect that this year will see a continuation of this current positive trajectory. Marc Pritchard, Sales and Marketing Director, explains,

“This newest report confirms our confidence in Spain’s real estate market and we believe that this growing interest in Spanish property will thrive throughout 2016. The start of the year has been incredibly encouraging and the positivity surrounding the market is attracting a wide range of international buyers. We are delighted to announce the launch of our latest project and I look forward to speaking with prospective buyers.”

New sea front developments in Spain have always been in high demand and are a rare find in today’s market. Taylor Wimpey España are excited to present this new development complete with sea views and believe it will prove extremely popular with British, other European and indeed other global buyers looking for their own Spanish sea view.

Panorama Mar, Taylor Wimpey Espana’s newest sea front development is situated on Punta Prima Beach close to the beautiful town of Torrevieja. A Joint Venture project with Grupo Gomendio, this private residential complex offers an array of 2 and 3 bedroom apartments, all designed for both comfort and convenience, with 2 bathrooms and an underground parking space and storeroom. Each apartment in the first phase is south facing and therefore blessed with spacious terraces and stunning views over the Mediterranean Sea.

With prices starting from just €223,000, every resident will be able to use the three communal swimming pools and Jacuzzi facility, as well as being granted direct access to the beach promenade. Whilst being an area of natural beauty right on the waterfront, Punta Prima is also blessed with excellent transport links. The San Javier Airport in Murcia is only a 30 minute drive and Alicante’s International Airport is just 45 minutes away.

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

Shun the single supplement – holiday homes for singletons

Shun the single supplement – holiday homes for singletons

Portugal Spain Turkey World , , , ,
  • 51% of England & Wales is now single (ONS)
  • 24% of overseas travel is by solo tourists (Visa)
  • Perfect holiday homes for singletons available from €75k (Ideal Homes International)

In 2015 the Office for National Statistics released figures that showed that 51% of the population in England and Wales is single. The demography of these nations has shifted significantly over the past decade and companies and services are racing to keep up with the new shape of modern society. So why are single person supplements of between 10% and 100% of the standard accommodation rate still so widely used by the travel industry?

“It’s not a system that meets the needs of today’s travellers,” comments Martin Dell, Director of Spanish property portal Kyero.com. “In both the rental and the sales sides of our business we’ve seen the impact of the growth in single travellers. The industry needs to catch up or risk missing out on a key emerging market.”

The 2015 Visa Global Travel Intentions Study found that 24% of people travelled alone on their most recent foreign holiday. It’s a rapidly growing sector. Indeed, some singletons are already taking matters into their own hands and shunning hotels and their single supplements in favour of second homes of their own overseas.

Chris White, Founding Director of Ideal Homes International, explains,

“Property prices in destinations like Portugal are so affordable right now that it’s perfectly possible to pick up a holiday home on a single income. Second homes are definitely no longer just the preserve of wealthy couples entering their retirement years.”

In Portugal, a beautifully refurbished townhouse in the heart of the historic town of Silves can be bought for just €75,000. Single buyers with a bit more cash to spend have a vast range of options available to them. One upscale five-star resort and spa complex in the popular Algarve town of Carvoeiro is offering one bedroom apartments with lush outdoor gardens from €260,000.

Singletons looking to travel a little further afield are discovering the delights of beach resorts around the globe. Over in Istanbul, the prime seaside district of Beylikduzu, Gurpinar is home to the beautifully designed Rose Residence, available through Universal21. With shops and restaurants on the doorstep, the beach just a few minutes away (top floor apartments enjoy fabulous sea views) and pool and health club facilities on site, the apartments are perfect for active solo travellers looking for a base in this bustling city.

Of course, it’s not just young singletons who are travelling overseas on their own these days. An increasing number of older travellers – both married and single – are choosing to holiday solo as a means of escaping the noise of modern life for a short while. Golf resorts can be a popular choice for this demographic, particularly when you consider what you can get for your money in sun-kissed destinations like Spain.

Leading homebuilder Taylor Wimpey España offers a range of apartments and townhouses in popular Spanish locations. At Brisas de Alenda Golf, near Elche on the Costa Blanca, a three bedroom townhouse costs just €145,000. The private, tranquil development offers high spec homes, excellent golfing facilities, private gardens, a swimming pool and access to the Alenda Golf complex’s small supermarket, restaurant, bar, clubhouse centre and paddle tennis courts. It’s an ideal location for solo travellers looking for peace and relaxation, all within an easy flight from the UK.

The trend for solo travel looks set to continue growing, at least for the foreseeable future, and with such a range of affordable holiday homes available to single buyers across Europe, it is reasonable to expect that overseas estates agents will increasingly be looking to capture the attention of this rapidly emerging market.

For more information please contact:

Kyero.com: www.kyero.com

Ideal Homes: 0800 133 7644, +351 289 513 434, www.idealhomesinternational.co.uk or www.idealhomesportugal.com

Universal21: 0203 287 8700 or visit www.universal21.com

Taylor Wimpey España: +44 08000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Alicante shines as the favourite 2016 Spanish destination with new flights adding to accessibility

Alicante shines as the favourite 2016 Spanish destination with new flights adding to accessibility

Spain
  • Ryanair launches five new flight routes to Alicante
  • Alicante records highest number of property purchases by foreigners in Spain (National Institute of Statistics and Ministry of Public Works)
  • Taylor Wimpey España launches new development on the Costa Blanca, Jardin del Mar

The beginning of 2016 saw Spain break yet another tourism record, welcoming 3.5 million international tourists in January alone, albeit traditionally one of the low-season months. The latest tourism figures show that this is an 11.2% increase in comparison to last year, with 20% of all overseas visitors coming from the UK.

And this trend looks set to continue throughout the year with Ryanair announcing the launch of five new routes to Alicante. These new additions mean that London Gatwick now has six weekly flights to the sunny southern city, and London Stansted now has an impressive ten flight options each week.

This increasing demand to reach Alicante more frequently is certainly helping the region to become a hotspot for holiday homeowners. Recent figures released by the National Institute of Statistics and Ministry of Public Works reveal that purchases made by foreign citizens in Spain accounted for 17% of the total sales completed in the fourth quarter of 2015. Yet, between October and December last year it was the province of Alicante that recorded the highest number of purchases by overseas buyers.

Noticing this renewed love for the Costa Blanca, leading Spanish homebuilder Taylor Wimpey España has answered growing demand by launching a brand new residential development, located north of Alicante.

Marc Pritchard, Sales and Marketing Director, believes that the Costa Blanca is a safe haven for overseas buyers and its popularity will continue to build throughout 2016. He comments,

“International buyers, especially Brits, have always been attracted to all that the Costa Blanca has to offer and we have definitely observed a rise in enquiries for property in this region. Those looking to purchase a holiday home are reassured by the current stability of the Spanish market and we would anticipate Alicante to remain the top province in relation to property bought by foreign citizens. We are thrilled to bring another high quality residential complex to an already thriving market and I look forward to speaking with prospective buyers.”

The new Jardin del Mar residential complex is comprised of both two and three bedroom apartments and three bedroom duplexes, all with two bathrooms, air-conditioning and an underground parking space. Situated in the beautiful town of Javea, also known as the Pearl of the Costa Blanca, Jardin del Mar properties offer direct access to Primer Montañar Beach and its prime location means Altet Alicante airport and Manises Valencia airport are both just 100km away.

Prices start from just €244,000, with every ground floor apartment opening onto a private garden whilst the duplex homes provide residents with breath taking sea views. Communal areas to be enjoyed by all include luscious gardens and a swimming pool. Shops and other local amenities are within walking distance, and a pedestrian pathway with a cycle lane passes right in front of the complex, connecting the Aduanas del Mar port with Arenal Beach, offering a perfect setting for strolling and admiring the spectacular land and seascapes of the Jávea coastline.

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

Mallorca emerges as this year’s summer hotspot as British buyers return to Spain in their masses

Mallorca emerges as this year’s summer hotspot as British buyers return to Spain in their masses

Spain
  • British buyers in Spain increase by 367% in January and February compared to last year (Taylor Wimpey España)
  • British and German buyers account for almost 80% off all prime transactions in Mallorca (Knight Frank)
  • Taylor Wimpey España announces completion of new apartments on two exclusive developments in Mallorca

Having always been a favourite second home destination, early 2016 figures from leading Spanish homebuilder, Taylor Wimpey España, confirm that British buyers are firmly back in Spain and account for a quarter of the company’s 2016’s January and February sales. Overall, the total YTD sales as of February 2016 have risen dramatically in comparison to last year, with British buyers increasing by a colossal 367%.

This substantial rise suggests that British buyers are turning to the safety and familiarity that Spain has to offer when deciding on where best to buy a property overseas. According to the most recent figures from Knight Frank, it is the beautiful Balearic island of Mallorca that is attracting both British and German buyers. As the two principal nationalities active in Mallorca, they account for almost 80% of all prime transactions.

A resident of the island himself, Taylor Wimpey España’s Sales and Marketing Director, Marc Pritchard, explains more,

“We have definitely experienced an influx of enquiries in relation to property in Mallorca, with our sales numbers for this region increasing considerably. British buyers are comforted by Spain’s consistency as a second home location, and the array of properties available enables them to find the perfect property that meets all their necessary requirements. The start of this year has been extremely encouraging and we are confident that this positive trajectory will continue into the 2016 summer season and throughout the rest of the year.”

Meeting the increasing demand of Mallorca emerges as a summer hotspot for 2016, Taylor Wimpey España has recently announced the completion of brand new apartments to enjoy this summer, on two of their exclusive developments on the island. Each new property has direct access to the beach and benefits from breathtaking sea views, perfect for a summer of sunshine and relaxation in your own private holiday haven.

Costa Beach offers a unique frontline location surrounded by stunning natural beauty with numerous coves, white sandy beaches and a crystal clear and calm sea. Located at Port Vell on the north east coast of the island of Mallorca, Costa Beach is just a few minutes’ drive from Son Servera and 15 minutes from Manacor.

Consisting of two bedroom, two bathroom apartments, all of which boast spacious terraces surrounding communal gardens and a swimming pool, properties have direct access to the beautiful beach on which the development is situated. With prices starting from €235,000+VAT, all properties also come with a private garden area and underground parking space included.

Cala Anguila II is one of the last remaining developments with direct access to the beach in Mallorca. From just €254,000+VAT, all properties have two bedrooms and two bathrooms, having been designed to reflect the natural beauty of the surrounding environment whilst maximising the living space. Ground floor properties boast spacious terraces with private gardens, whilst top floor apartments benefit from private roof terraces and they have a private outside parking space.

Cala Anguila offers peaceful sandy beaches, spectacular coves and crystal clear waters for those who wish to enjoy the water sports that Mallorca has to offer. The area has a wide range of activities, giving residents the opportunity to sample the delights of the local cuisine, explore the famous caves of Drach, tackle the illustrious golf courses or simply relax by the pool and enjoy the peaceful surroundings.

For more information, please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Sun shines on Spain as Taylor Wimpey España reports double operating profit for 2015

Sun shines on Spain as Taylor Wimpey España reports double operating profit for 2015

Spain

Leading Spanish homebuilder, Taylor Wimpey España has released end of year results for 2015 that highlight the significant progress being made in the Spanish property market. The most recent figures show Taylor Wimpey España delivered an improved operating profit of £10.0 million for 2015, an impressive 138.1% growth on 2014’s £4.2 million, and an operating profit margin of 17.2%.

The company, which has been building homes in Spain for over 50 years, completed 251 homes in 2015 which is a substantial 53% increase compared to the previous year. The average selling price of these properties has also seen a rise of 26%, from €250,000 to €315,000. Such positive statistics emphasise the Spanish property market’s success in 2015.

Javier Ballester, Managing Director for Taylor Wimpey España, is confident that the market will continue to thrive this year, commenting,

“The start of the year has been extremely encouraging and with international demand rising again. The growing talk of a potential Brexit is yet to have an impact as British buyers are responsible for the most sales so far this year, and there is nothing to suggest that this trend will not continue throughout 2016. Our latest figures show Spain is still very much top of the list for many potential buyers and we are very excited to see what the next 12 months hold for the market.”

Early 2016 figures from Taylor Wimpey España confirm that British buyers are definitely back in Spain, accounting for a quarter of 2016’s January and February sales. An ever popular region with British buyers is the Costa Del Sol and this week also saw the launch of Taylor Wimpey España’s newest project, Horizon Golf. Situated in the beautiful Valley of Mijas, Horizon Golf is Taylor Wimpey de España’s second development at La Cala Resort within the complex’s famous Campo Asia golf course.

With prices starting from €375,000, the private gated development offers 55 terraced homes, all have 3 bedrooms, 2 bathrooms and a cloakroom, with stunning panoramic views over the golf course and La Cala de Mijas. Horizon Golf features luxury finishes including fully equipped furnished kitchens, air conditioning, designer bathrooms, bedrooms with motorized blinds, and secure, fully lined wardrobes.

All properties benefit from 24-hour security, the communal gardens and swimming pool, as well as three 18-hole golf courses, a hydrotherapy centre and spa, a golf school (La Cala Golf Academy) and an array of sports facilities all close by. Residents can reach the beautiful beaches of the Costa del Sol in just 10 minutes, with Malaga airport only 30 minutes away.

For more information, please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Mallorca set for a hole in one as the island emerges as top European golf destination

Mallorca set for a hole in one as the island emerges as top European golf destination

Spain
  • Mallorca to host 2016 International Golf Travel Market
  • Tourists played 600,000 rounds of golf in Mallorca in 2015 (Asociacion de Campos de Golf de Mallorca)
  • Taylor Wimpey España’s new Marina Golf development located next to Mallorca’s iconic Santa Ponsa III Golf Club

The beautiful Balearic island of Mallorca is preparing to set the golf world alight as it plays host to the International Golf Travel Market (IGTM) this November. Emerging as a leading European golf destination, this international event will attract a global audience who will come to discover all that Mallorca has to offer, from the first tee off to the 19th hole.

During 2015, tourists played 600,000 rounds of golf on the island and the Asociacion de Campos de Golf de Mallorca (ACGM) are excited for this figure to continue to grow. Federico Knuchel, president of the ACGM is passionate about golf in Mallorca and is looking forward to welcoming this year’s IGTM. He explains, “We would like to increase [the rounds of golf played on the island] by five percent every year. We think Mallorca offers real quality and value for golfers and we are hoping to show that to as many people as possible.”

Leading Spanish homebuilder Taylor Wimpey España is answering this growing demand for access to Mallorca’s stunning golf facilities with its new project Marina Golf. Located next to the iconic Santa Ponsa III Golf Club, their most recent residential complex offers direct access to one of Mallorca’s most exclusive golf courses. Marc Pritchard, Sales and Marketing Director, explains more,

“The IGTM event will showcase Mallorca as the idyllic location for golf, with at least 300 days of sunshine a year and a choice of over 20 picturesque courses suitable for golfers of all abilities. We have definitely noticed an increase in enquiries for property on the island. With Mallorca becoming an essential stop on the golf tourism world circuit, we would expect this growth to continue on a positive trajectory as more and more potential buyers look for properties within walking distance of the island’s best golf courses.”

Alongside the glorious sunshine and scenic fairways, Mallorca’s golf courses can also provide their visitors with a healthy workout, without the regimented gym environment. A report by Walker Research Group, LLC for the World Golf Foundation and GOLF 20/20, revealed that the total caloric expenditure for an 18-hole round is approximately 2,000 calories.

Outlining golf’s overwhelming health benefits, the study went on to show that when walking 18-holes of golf, blood glucose levels fall by up to 20% in young people, 10% for those who are middle-aged, and 30% for more senior players. Combining valuable exercise with enjoyable leisure time is further increasing the popularity of Mallorca’s golfing industry, which is set to reach new heights this year.

Marina Golf is in an excellent location, surrounded by some of the ACGM’s top golf courses on the island including Golf Santa Ponsa I, II and III, which are right next to the development, as well as the Golf de Andratx, Golf de Poniente and Bendinat Golf.

With prices starting from just €400,000+VAT, this Mediterranean style village has spacious, 3 bedroom properties with private terraces, gardens and private parking spaces. In the communal area there is a swimming pool for the exclusive use of owners, surrounded by a solarium area with views over the golf course and a large communal garden. There are also changing rooms, showers and toilets.

Every townhouse has 3 bedrooms and 3 bathrooms, with air conditioning, under floor heating in the bathrooms, double-glazing, a security oor, TV aerial and satellite dish. In order to ensure the maximum amount of light the properties are southwest facing and have several terrace areas so the sun can be enjoyed for most of the day.

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

Completed 3 bed Spanish properties emerge as ideal holiday home for 2016

Completed 3 bed Spanish properties emerge as ideal holiday home for 2016

Spain
  • Popularity of three bedroom properties set to increase in 2016 (Aliseda Inmobiliaria)
  • There is a demand within the Spanish market for a finished property product (Samuel Población, CBRE)
  • Taylor Wimpey España launch new 3-bed Marina Golf development in Mallorca

The ideal holiday home for 2016 has been revealed with the release of new Spanish market analysis by Aliseda Inmobiliaria. The company, experts in the management of Spanish real estate assets, have shown that 2016 will be the year for the three bed property, as part of their ’10 Real Estate Trends for 2016’.

The study, highlighting the top trends for Spain’s housing market this year, has revealed that more and more people are looking for this size of property in this popular second home destination as it provides an added sense of luxury, saying “the feeling of luxury begins with space”.

This desire for additional space has led to an influx of construction activity in Spain, with the New Year sparking numerous new project launches. According to a survey by CBRE, this year will see more than twice the number of homes being built than in the past two years combined. The majority of the survey respondents believe that this will be in the region of between 100,000 and 175,000 units, a figure significantly higher than the 35,000 construction starts in 2014.

Samuel Población, National Director of CBRE Residential in Spain, believes that the type of property ‘on trend’ for 2016 can be defined further still. He says that “there is demand for the finished product [inspiring] active promoters to produce new housing.” This certainly appears to be the case as the Spanish property market is set for a remarkable transformation.

With the ideal holiday home for 2016 emerging as a finished, 3 bedroom property, leading Spanish homebuilder Taylor Wimpey España is answering this growing market demand, by launching a new development of their own on the beautiful island of Mallorca.

The new Marina Golf residential complex is a Mediterranean style village consisting solely of spacious, 3 bedroom properties all with private terraces, gardens and private parking spaces. In the communal area there is a swimming pool, for the exclusive use of owners, surrounded by a solarium area with views over the golf course and a large communal garden.

Marc Pritchard, Sales and Marketing Director for Taylor Wimpey España, believes this increase in construction is a positive indication for the market’s growing success and is excited about all the new project has to offer. He comments,

“With the demand for Spanish property regaining momentum and set to thrive in 2016, we are thrilled to be expanding our offering in Mallorca. We have definitely experienced a growth of interest both in mainland Spain and Mallorca, especially in relation to our three bedroom properties. They often provide additional space, both interior and exterior, which offers buyers a greater sense of luxury and ultimately freedom with how the property can be used. This is fantastic for families and for those looking to have friends come and stay.”

Every townhouse on the Marina Golf complex has 3 bedrooms and 3 bathrooms, with air conditioning, under floor heating in the bathrooms, double-glazing, a security door, TV aerial and satellite dish. In order to ensure the maximum amount of light, the properties are southwest facing and have several terrace areas so the sun can be enjoyed for most of the day. All the properties also have large gardens where you can enjoy sunny Mallorca days and warm Mediterranean evenings.

Marina Golf benefits from an idyllic location, surrounded by some of the top golf clubs on the island including Golf Santa Ponsa I, II and III, which are right next to the development, as well as Golf de Andratx, Golf de Poniente and Bendinat Golf. It is also near the coast, in an area dotted with beautiful coves and beaches and some of the island’s most exclusive marinas such as the Puerto Adriano, designed by Philippe Starck, which is just 1.5 km away and has a wide variety of elegant bars and restaurants and some of the most exclusive designer stores.

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

London versus the world! What can you get abroad for the price of an average property in the capital?

London versus the world! What can you get abroad for the price of an average property in the capital?

Portugal Spain United States , , ,
  • Average London house price is £514,097 (Gov.uk)
  • This is enough for 3 detached villas with pools in Spain, with €80k change (Kyero.com)
  • Or 2 5-bedroom resort homes with pools in Florida (Ideal Homes International)
  • Cliff-top townhouses with infinity pool in Mallorca also an option (Taylor Wimpey España)

According to the UK government’s December 2015 House Price Index, the average property in London now costs £514,097. Based on a quick Rightmove search, £514,097 is enough to purchase a new build one bedroom flat in Newham, a two bedroom flat in a converted house in Acton or a four bedroom mid-terrace house in Tottenham in need of some serious modernisation.

But what could you get for the same money overseas? £514,097 is worth just over €656,151, or USD $743,053, at today’s exchange rate, which opens up a wealth of property options to those looking to buy on the continent or even further afield.

Chris White, Founding Director of Ideal Homes International, explains,

“There are some fantastic bargains to be had when it comes to overseas property at the moment. Portugal and Spain are offering incredible value for money and are just a short hop on a plane from the UK, making them ideal locations for second homes or investment properties that you want to keep a close eye on. For fans of the US, Florida is also offering some serious bargains and is a perennially popular destination thanks to its winning combination of sun, sea and theme parks.”

In Portugal, €650,000 is enough for a four/five bedroom villa in the hills at Soalheira, 10 minutes from the beaches and golf courses of Vilamoura and just two minutes from the town of Loulé. The villa comes complete with swimming pool, Jacuzzi, sauna, pergola sunbathing area, pool house and gardener’s bathroom, two double garages, ocean views, grill house with sink, fridge and BBQ, cinema room, wood burning fire and under-floor heating in the two bathrooms. A far cry from a run-down terraced house in Tottenham!

For beach bunnies, the Spanish island of Mallorca is the ideal location. There, €625,000 will buy a premium frontline townhouse with incredible sea views, close to the golf courses and marina of Porto Cristo. There are just seven spacious three bedroom townhouses on the Cala Magrana Mar development, from leading Spanish homebuilder Taylor Wimpey España, which also benefits from a communal infinity pool and sunbathing area, designer fixtures and fittings and the latest security features.

Another option for those with €650,000 to spend is to invest in more than one property, which is easily achievable for this budget in both Portugal and Spain. Martin Dell, Director of Spanish property portal Kyero.com, comments,

“It’s staggering what you can get in Spain for the price of an average London property. Those looking for rental investments can pick up a whole string of properties in idyllic coastal locations for that kind of money.”

In the pretty seaside town of Javea, for example, detached villas with pools can be bought off plan for £189,800, with scope for the buyer to personalise the layout, with the build completed within 5-7 months. Instead of a one bedroom flat in E16, a buyer could pick up three of these villas and still have €80,000 left in his pocket.

Over in America, a buyer can easily pick up two five bedroom villas with pools in the hugely popular Kissimmee area of Florida for $743,053, the equivalent price of the average London home. Resort homes with screened in pool and spas in gated communities just a few miles from Walt Disney World are available for between $350,000 and $450,000. Certainly food for thought for all those thinking about buying a home in London at the moment!

For more information please contact:

Ideal Homes: 0800 133 7644, +351 289 513 434, www.idealhomesinternational.co.uk or www.idealhomesportugal.com

Taylor Wimpey España: +44 08000 121 020 or www.taylorwimpeyspain.com. Those residing outside of the UK should call 0034 971 70 69 72.

Kyero.com: www.kyero.com