Tourist spending in Spain rockets, as Taylor Wimpey España shines the spotlight on Punta Prima

Tourist spending in Spain rockets, as Taylor Wimpey España shines the spotlight on Punta Prima

Spain ,
  • Tourist spending up 12.4% to average of €155 per day (INE)
  • Costa Blanca is 6th most cost-effective holiday destination in Europe (Post Office)
  • Taylor Wimpey España focused on Punta Prima after 60 years of successful building in Spain

The latest figures from Spain’s National Statistics Institute (INE) show that tourist spending rocketed towards the end of last year. Average daily expenditure in November 2018 was 12.4% higher than for the same month in 2017, standing at €155. The Post Office Holiday Barometer reports that £83.58 is enough to cover a two-course lunch, three-course dinner with wine and assorted essentials (drinks, sun cream, insect repellent) in Spain’s Costa Blanca region, so a daily spend of €155 is more than enough to enjoy the area thoroughly.

Average temperatures in the Costa Blanca at that time of year stand at around 16°C; even in January the average is 11°C, with a high of 16°C. Add to that the plentiful availability of quick, cheap flights, a range of superb golf courses and one of the world’s healthiest and tastiest cuisines, and the lure of Spain to British holidaymakers in the winter months is not difficult to understand.

Indeed, many of those drawn to Spain end up wanting more than just a week or two in the sun, which is why leading Spanish home builder Taylor Wimpey España has enjoyed 60 years of success building in areas like the Costa del Sol, Mallorca and the Costa Blanca.

The Costa Blanca is such a wonderful holiday hotspot. From the soft white sands of its beaches to the superb local food, it is an area that evokes a strong desire to return year after year in many visitors. That’s why it has been one of our key areas of focus over the past 60 years – and why it will remain so going forward.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The pretty seaside town of Punta Prima is currently home to two Taylor Wimpey España developments. Within around 30 minutes of both Murcia and Alicante airports, Punta Prima is easily accessible from a wide range of locations. Its blue flag beaches are some of the cleanest in the area, while the lovely promenade is the perfect place to wander, relax and dine.

Taylor Wimpey España’s Panorama Mar provides seafront apartments on Punta Prima beach, with spectacular sea views. The two and three-bedroom homes feature good-sized terraces for soaking up the sun. Ample landscaped gardens provide a lovely setting for treasured holiday moments, while for those who love the water, the site provides three outdoor swimming pools, including an infinity pool and a hydro-massage pool. Children have their own paddling pool and playground area. Homes at Panorama Mar are available from €319,000 plus VAT.

La Recoleta III, meanwhile, offers beautiful apartments with access to the beach and sea just a few meters away. Wide avenues lead down to the sands, in between the Mediterranean-style buildings and immaculate garden areas. Individual apartments are well-designed and feature private terraces, while the penthouses provide spacious solariums and outstanding views. Prices start from €219,000 plus VAT.

“Our Punta Prima properties combine easy access to the beach with all the elements required for laid back enjoyment of the Spanish lifestyle. They are the ideal base for anyone looking to make the most of this lovely area of Spain.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Ambitious regeneration plans inspiring property investment in NewcastleGateshead

Ambitious regeneration plans inspiring property investment in NewcastleGateshead

United Kingdom ,
  • New £250 million arena planned for Gateshead Quayside
  • North East property prices currently cheapest in England (UK Government HPI)
  • Regeneration projects driving interest in NewcastleGateshead properties such as Hopper House (Surrenden Invest)

Sitting opposite each other on the banks of the River Tyne, Newcastle and Gateshead share many attributes. Residents benefit from access to both of the bustling urban areas, thanks to the seven bridges that join them across the river. Now, the NewcastleGateshead area is enjoying another joint boost – an inspirational vision for the next phase of the regeneration of its quayside area.

The quayside is already popular on both sides of the river, having undergone development work in recent years that has created an exciting, vibrant district with plentiful leisure facilities and food outlets, including a container village serving superb street food. The latest plans will build on that success, adding Europe’s tallest observation wheel on the Newcastle side of the river (to be known as the Whey Aye), and a 10-acre leisure complex on the Gateshead side that includes a £250-million, 12,500-seat arena, a conference centre and two hotels. A number of bars and eateries are also planned.

Specialist property investment agency Surrenden Invest, which has been selling investment properties in both Newcastle and Gateshead for some time, has welcomed the regeneration plans as yet another reason to support residential property investment in this thriving area of the UK.

“With their North East location, properties in NewcastleGateshead already enjoy one of the lowest entry points in England, as the region is leading the country in terms of cheap house prices. This means that investors can pick up superb quality buy to let apartments for less than they can in many other similarly sought-after urban areas. The recently announced regeneration plans will serve to further increase interest in this part of the North East, both as a tourist destination and as a place to live and to invest.” 

Jonathan Stephens, MD, Surrenden Invest

As at October 2018, the average home in the North East cost just £128,484, compared to a UK average of £231,095, according to the government’s UK House Price Index. That’s despite many buy to let properties there offering comparable yields to those found in other UK cities. Add in the exciting new developments and the case for investment is certainly a tempting one. As Councillor Martin Gannon, Gateshead Council leader points out, such plans are “a game-changer not just for Gateshead but for the region.”

The stir created by the regeneration plans is driving interest in the region, with developments such as Gateshead’s Hopper House benefitting as a result. The 81 stylish studio apartments are perfect for those looking to make the most of life in Gateshead. Located just over 10 minutes’ walk from Gateshead Quayside, the apartments come with an on-site sauna, steam room and gym with adjoining sun terrace, as well as a spacious reception area complete with concierge desk and pool tables.

“Projects such as the Gateshead Quayside arena and the Whey Aye speak to the future potential of this lively area. These are long-term plans that demonstrate a commitment to Gateshead and Newcastle’s residents, as well as to attracting visitors from elsewhere. Such plans are a key component of the region’s future economic success and make it an exciting time for investors looking for combine great entry prices with healthy yields.”

 Jonathan Stephens, MD, Surrenden Invest

 

For more information, visit www.surrendeninvest.com or call 0203 3726 499

Taylor Wimpey España celebrates Year of Green Action with superb Botanic development

Taylor Wimpey España celebrates Year of Green Action with superb Botanic development

Spain ,
  • 2019 to see push to raise environmental awareness and responsibility through #iwill campaign
  • Botanic development showcasing how homes can work in harmony with nature
  • Sustainable design, environmentally sound construction and natural elements all key to creating homes for the future

Saving the environment is no longer something that we can leave to future generations and, thanks to the work of the UN Intergovernmental Panel on Climate Change (IPCC) and Sir David Attenborough, awareness of this has never been greater. The IPCC warned in late 2018 that we have just 12 years to keep global warming to a maximum of 1.5°C, while Sir David’s Blue Planet II has done wonders for raising awareness of plastic pollution issues.

2019 is Year of Green Action, with the UK government encouraging environmental responsibility through the #iwill hashtag. While individuals can do much by reducing their use of plastics, water and energy, large companies are also in a powerful position to support the cause. Nor is it just a UK issue. Over in Spain, for example, leading Spanish home builder Taylor Wimpey España has been actively working to build more sustainable homes for some years.

By working together to protect the environment, we still have time to effect change. As a responsible and environmentally aware company, Taylor Wimpey España has been doing just that. Almost all of our new developments have energy certification B thanks to the use of energy-saving components such as special windows and solar panels. We’re building homes for today’s holidaymakers at the same time as working to make a better future for their children and grandchildren.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Located at La Reserva de Alcuzcuz, Benahavis (Malaga), Botanic is a leading example of this green ethos in action. Sustainability, ecology and bioclimatic architecture are at the heart of the development, which consists of 92 bright, spacious three-bedroom apartments. In addition to environmentally sound construction elements (including solar panels, high quality thermal insulation and sound-proofing), the development features vertical gardens and green corridors that link each of the phases. This envelops the homes in a unique natural environment that respects the immense variety of local species and indigenous trees.

At the same time, the properties themselves have been designed to maximise the natural light and spectacular views. The buildings use the varying height of the ground to optimise views across the mountainous landscape to the sea, while the incredibly generous terraces all face south to benefit from the abundant Spanish sunshine. At the top of the four-storey buildings, the impressive penthouses boast spectacular solariums. Internally, the rooms exceed market standards in terms of their space, while open plan design allows a beautiful flow between the kitchen, living room and terrace areas.

“Our aim with Botanic was to show how contemporary homes can offer a superb lifestyle experience while also respecting the environment. The result is a development that creates a real sense of harmony with nature. Our buyers love Botanic’s serenity – it’s the perfect antidote to the stresses and strains of modern life, as well as showcasing how housebuilders can work with the natural environment to create homes that are both environmentally aware and highly desirable.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Homes at Botanic are available from €375,000 plus VAT for a three-bedroom apartment.

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Taylor Wimpey España announces six development launches in six months for H1 2019

Taylor Wimpey España announces six development launches in six months for H1 2019

Spain ,
  • Spanish house sales up 9.7% in year to September 2018 (INE)
  • House price boom to continue until 2021 (ITEC)
  • Costa Blanca and Costa del Sol are 2 of Brits’ top 3 favourite second home locations (Savills)

Leading Spanish home builder Taylor Wimpey España has announced big plans for the first half of 2019. The company will be launching six developments in the first six months of the year. Located in the Costa del Sol, Costa Blanca and Balearic Islands, the developments will provide a total of 330 superb quality homes, alongside a range of communal pools and other shared facilities.

2018 has been an excellent year for Spanish property and 2019 looks set to be even better. I’m delighted to be moving into the year ahead in such a strong position. We are building with confidence, as shown by our commitment to six new launches in H1 2019. Each development will have its own unique charms and style, while delivering the high quality accommodation for which we have been known over the past 60 years of building in Spain.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The success of Pier, the company’s latest Costa del Sol development, in the upscale Sotogrande area, shows the strength of the current appetite for Spanish second homes. Within four months of the development being announced, 30% of the 56 elegant, spacious homes have already been reserved.

The sun is certainly shining on Spanish property in general at present. The volume of house sales has just hit its highest level in a decade, increasing by 9.7% in the year to September 2018, according to the Instituto Nacional de Estadística (INE). Meanwhile, experts at the Institut de Tecnologia de la Construccio de Catalunya (ITEC) have predicted that the current boom will continue until 2021 before beginning to slow down.

Research from Savills shows that it is British and German second home owners who are currently snapping up properties in Spain faster than any other nation – a finding which Taylor Wimpey España’s own experience backs up. According to Savills, British buyers’ top three preferred second home locations in the world include two of the areas in which Taylor Wimpey España is active: the Costa del Sol and the Costa Blanca.

“We listen closely to what our buyers want and shape our developments accordingly, both in terms of location and the type of properties that we offer. At Pier, for example, we’ve included an option for buyers to purchase two two/three-bedroom apartments off plan in order to create one vast, four/five-bedroom apartment. We’ll continue to take buyer preferences into account like this with our 2019 developments. It’s going to be a busy year!”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Three 2018 property market lessons from Surrenden Invest to steer us into 2019

Three 2018 property market lessons from Surrenden Invest to steer us into 2019

United Kingdom ,
  • Discerning buy to let buyers driving market for right kinds of properties
  • Liverpool, Newcastle and Manchester together had 10 of 25 best UK buy to let areas in 2018
  • Steady hand and long-term outlook key to dealing with Brexit

2018 has been a busy year for the UK buy to let market. Despite continued government tinkering with things like stamp duty and mortgage tax relief, the potential for both capital growth and healthy yields has been sufficient to encourage many investors to grow their portfolios over the course of the year, according to specialist property investment agency Surrenden Invest.

“Interestingly, while the overall number of buy to let landlords in the UK has been falling, we’ve seen the best developments attract a huge amount of attention. The right blend of on-site facilities and city centre location are proving a winning combination, particularly in key regional cities.”

Jonathan Stephens, MD, Surrenden Invest

Based on its experience over the past year, Surrenden Invest has pulled together three property market lessons from 2018.

The first is that buy to let investors are maturing and becoming more discerning about where they put their money. For a property investment company like Surrenden Invest, which specialises in choosing developments that are a cut above the rest to present to its clients, it means that 2018 has been a good year.

Ancoats Gardens in Manchester is a prime example of this. Not only does the development enjoy a top notch location, just 300m from the massive NOMA site, but the quality of the apartments is just superb. Spacious, light-filled homes are complemented by an exceptional rooftop garden, coffee lounge and on-site gym, with an air of urban elegance and luxury flowing throughout.

The importance of regional cities such as Manchester is the company’s second 2018 take-away. Investors have largely fallen out of love with London (though odd pockets of potential do remain there, thanks to the sheer size and diversity of the capital’s property market). Instead, buyers are enjoying the superior yields offered by regional cities across the UK. The Totally Money Buy-to-Let Rental Yield Map 2018/2019 shows that Manchester, Liverpool and Newcastle between them were home to 10 of the 25 highest yielding postcode areas in the country over the course of the past year. Yields hit 9.79% in Liverpool, 8.89% in Newcastle and 7.07% in Manchester.

“Investors who buy in the right locations are enjoying impressive yields. Knowing regional markets inside out was more essential than ever for property investment companies looking to maximise their clients’ returns in 2018 – and will continue to be the case in 2019.”

Jonathan Stephens, MD, Surrenden Invest

Birmingham is one of the markets that Surrenden Invest expects to see more of in 2019. Home to the superb Westminster Works development, which provides 220 outstanding, loft-style apartments, the city is a hotbed of entrepreneurial talent and creativity. Its fast-paced property market and thriving business community both support its position as one of the most exciting investment locations in the UK for 2019.

Surrenden Invest’s final lesson from 2018 is that it’s important to keep a steady hand as Brexit approaches.

“Investing in property is ultimately about building up assets that provide returns over the medium to long term. This isn’t about flipping homes for a quick profit, but about building up a stable, steady stream of income using assets that themselves increase in value over the long term too.”

Jonathan Stephens, MD, Surrenden Invest

 

For more information, visit www.surrendeninvest.com or call 0203 3726 499

Taylor Wimpey España spreads festive joy with superb second homes in Spain

Taylor Wimpey España spreads festive joy with superb second homes in Spain

Spain ,
  • 42% of Brits would consider spending Christmas overseas (Bolsover)
  • Just 33% of Britons prefer Christmas at home
  • Spain in top 3 global destinations for Christmas overseas

It seems that the old Christmas tradition of staying home with family for the festive period is fading fast. A Bolsover Cruise Club survey has found that just 33% of Britons want to spend Christmas at home. 25% want to spend it elsewhere in the UK, but the majority – an impressive 42% – would be willing to go abroad for their Christmas celebrations.

The USA, Spain and the Caribbean top the list of countries that Brits would like to spend Christmas in, with sunshine clearly a priority for many. For leading Spanish home builder Taylor Wimpey España, the survey results make sense. The company has been building sun-kissed holiday homes across the Costa del Sol, Costa Blanca and Mallorca for 60 years and has seen many British owners – along with those from other countries – enjoy spending their Christmas holidays in Spain in that time.

“Christmas in Spain has many similarities with Christmas in the UK, but also some notable differences. It’s a less commercialized holiday here in Spain, with more emphasis on spending time with family and enjoying each other’s company. Food is a hugely important part of Christmas here too, from Turkey stuffed with truffles on Christmas Eve, before Midnight Mass, to regional favourites like seafood feasts in Galicia to picadillo soup and stuffed eggs in Andalusia.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Of course, Christmas in Spain comes with the added benefit of superb weather for those in the Costa del Sol and Costa Blanca. While braving the icy waters of the North Sea or the Atlantic Ocean is a Boxing Day tradition for some of those in the UK, a more relaxed dip in the communal pool of a site like La Floresta Sur is likely to hold greater appeal to many. Located in Elviria, Marbella, the site is surrounded by natural beauty, from oak and pine forests to the ever-shifting splendour of the Mediterranean Sea. Key-ready homes are available from €228,000 plus VAT, with apartments providing spacious surroundings with plenty of outdoor space for making the most of the Spanish sun.

“So many of those who’ve bought homes here in Spain find that spending Christmas in them is one of their most magical holiday experiences. Picture-postcard Christmas scenes in the UK – of snow carpeting the country while children laugh and play while wrapped up against the cold – don’t often pan out. In fact, the UK has only seen widespread snow on Christmas Day four times in the past half-century. As such, those looking to dodge Christmas in the rain are increasingly looking to Spain to provide them with a more enjoyable festive experience.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

From Dia de los Santos Inocentes (the Spanish version of April Fool’s Day) on 28 December, to super-sweet turrón and polvorón, Spain has a wealth of Christmas tastes and traditions waiting to be discovered, making it the ideal holiday destination for the festive period.

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

From Mumbai to Manchester – could Indian investment be a top 2019 property trend?

From Mumbai to Manchester – could Indian investment be a top 2019 property trend?

United Kingdom ,

 

  • New direct Mumbai flights could open up Manchester property market to Indian investors (Surrenden Invest)
  • Trade between UK and India worth £18 billion in 2017 – up 15% on 2016 (DIT)
  • £1 billion 2018 Indian investment announcement to create/safeguard 5,750 British jobs

Jet Airways’ new Manchester to Mumbai direct flight route has prompted speculation that the city might be ripe for a wave of Indian investment. Manchester has already benefitted immensely from Chinese investment, and now 2019 could be India’s turn to fall in love with this enticing British city, according to specialist property investment agency Surrenden Invest.

“It wasn’t that long ago that investors from overseas looked only at London when it came to investing in UK cities, but the likes of Manchester have rocketed onto the global stage in recent years, attracting keen interest from China in particular. Those same attractions that convinced Chinese investors to look more closely at Manchester are now ready to woo investors from India.”

Jonathan Stephens, MD, Surrenden Invest

Manchester is well positioned to attract the kind of global attention that could trigger a new wave of foreign investment. TimeOut has just flagged up its Ancoats district as the 13th coolest neighbourhood in the world. Colourful street murals, cotton mills transformed into affordable co-working spaces, artisanal bakeries and gun joints all contribute to Ancoats’ distinctive vibe.

Of course, Ancoats – and Manchester as a whole – are already firmly on many foreign investors’ radars. Two years after the opening of the Hainan Airlines direct route between Manchester and Beijing, figures show a 38% increase in Chinese visitors to the region – higher than the London average and that of the UK as a whole, both of which stood at 30%. Hand in hand with the increase in flow of people has been an increase in the flow of spending, with those visiting the North West spending 5% more than the national average.

“UK-China bilateral trade links have never been stronger: in 2017 UK-China bilateral trade expanded by 15.1% to reach a record £67.5bn, whilst UK exports of goods and services to China grew by 28.5%… I’m delighted to see Manchester and the surrounding region benefit so much from this flight connection to Beijing.”

Richard Burn, Her Majesty’s Trade Commissioner for China

Investors have also been spending big in Manchester since the direct flight route opened in 2016, particularly when it comes to the city’s property market. Of course, Chinese investment in Manchester pre-dates the direct flight connection. Indeed, the Manchester China Forum celebrated its fifth anniversary in April 2018. The forum has seen more almost £4 billion of investment in Manchester’s infrastructure by China in that time, with Airport City, Middlewood Locks, Angel Meadows and the Northern Gateway all benefitting.

As well as giant, corporate investors, individuals with an interest in property have been keen to get involved in the Manchester scene. Areas such as Middlewood Locks are perfect for them, with properties such as Middlewood Plaza offering a decent entry point into the market. Priced from £153,000, the stylish apartments, townhouses and duplexes provide the ideal contemporary property investment.

Another popular option is Ancoats Gardens, which sits at the heart of Manchester’s hippest district. The stylish apartments with their high ceilings and premium facilities are priced from £229,714. From an award-winning local developer, the building boasts exemplary environmental credentials. Facilities for residents, meanwhile, include an extensive roof terrace, on-site gym and spacious coffee lounge.

With Jet Airways’ opening of a new direct route between Manchester and Mumbai, there’s plenty of scope for rupees to start rolling into the city in 2019. Earlier this year, more than £1 billion of new Indian investment into the UK was announced, creating or safeguarding 5,750 British jobs as a result of technology, trade and investment partnerships between the two nations. Figures from the Department for International Trade show £18 billion worth of trade between the UK and India in 2017, representing a 15% increase over the 2016 figure.

“Removing barriers to trade is a key way in which the UK can capitalise on the predicted growth in world markets and I’m so delighted we have come to this new trade partnership with India.”

Liam Fox, UK International Trade Secretary

Now that the Jet Airways route has made Manchester more accessible to Indian investors, and thus removed a barrier to their involvement in the local area, it remains to be seen how quickly the city can impress Indian visitors with its potential. Those working in the UK buy to let property sector will certainly be keeping a close eye on the situation.

 

For more information, visit www.surrendeninvest.com or call 0203 3726 499

Is moving to Spain the secret to longer life?

Is moving to Spain the secret to longer life?

Spain ,

 

  • Spain on track to achieve world’s highest longevity rate (IHME)
  • Diet, weather and outdoor lifestyle all contributing factors to healthy Spanish lifestyle (Taylor Wimpey España)
  • House prices up 7.2% in past year (INE), with 5-7% rise projected for 2019 (Tinsa)

Spain is on target to become the country with the world’s highest life expectancy, according to the US-based Institute for Health Metrics and Evaluation. The average Spanish lifespan is projected to hit 85.8 years by 2040, just surpassing Japan’s 85.7 years.

The researchers believe that one of the key factors behind the longevity of those in Spain is their UNESCO-recognised Mediterranean diet. Spain’s climate allows its people to grow an abundance of fresh fruit and vegetables throughout the year, while its extensive coastline and superb arable land means that the country also has plenty of locally sourced fish and meat.

Spain’s balmy climate is associated with a range of health benefits too, with sunshine proven to do everything from lower high blood pressure and protect against inflammation to improve brain function and combat depression. Sunlight can even help to stave off conditions such as dementia, prostate cancer and heart disease, where low levels of vitamin D are a contributing factor.

Spain has the perfect balance of good weather, outstanding cuisine, friendly people and stunning scenery. It’s clear to see why it enjoys one of the highest rates of longevity in the world. With sport so important here too, there’s plenty of scope for keeping fit, which is undoubtedly another contributing factor. The outdoor lifestyle also brings its own benefits for health and happiness.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

There is much to gain by moving to Spain and it seems Brits are well aware of the fact, according to the recently published AnyVan International Dream Moves survey. A full 13% of respondents picked Spain as their number one choice of destination when dreaming of a move overseas, making it the top pick of any country.

Leading Spanish home builder Taylor Wimpey España works with clients who are turning their fantasy of a move overseas into a reality. With developments dotted along the Costa del Sol and Costa Blanca, along with a smattering of locations in Mallorca, the company is well placed to serve those looking for their dream home in Spain.

Green Golf, for example, combines the best elements of all that the Costa del Sol has to offer. Located at Estepona Golf, the development lies just 3 km from the nearest beach, while on-site pools and beautifully landscaped communal gardens ensure that there is plenty of space for residents to relax and enjoy their leisure time. Individual properties benefit from generously proportioned terraces. Interiors, meanwhile, are spacious and stylish. Prices start from €280,000 plus VAT.

House prices are another plus point for those contemplating a move to Spain. The market offers a healthy, stable environment in which to buy. Annual house price rises now stand at 7.2%, according to Spain’s National Statistics Institute (INE), while Tinsa has projected a rise of between 5% and 7% for the year ahead.

“From longer life to the potential for impressive capital gains, home buyers in Spain have much to look forward to. For buyers from the UK who plan to move to Spain, there is the added benefit of a vastly improved climate – something that is particularly appealing at this time of year!”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Taylor Wimpey España shares 6 Spanish property predictions for 2019

Taylor Wimpey España shares 6 Spanish property predictions for 2019

Spain ,

 

  • German and French buyers will lead hunt for Spanish second homes
  • House prices to increase by 5-7% in 2019 (Tinsa)
  • Sotogrande will be key 2019 hotspot

Leading Spanish home builder Taylor Wimpey España has shared some insights into what we can expect from the Spanish property market in 2019. The predictions come off the back of Tinsa’s forecast that Spanish homes will enjoy an average price rise of between 5% and 7% over the course of 2019.

2019 looks set to be a busy year for the Spanish housing market, with strong demand from both domestic and overseas buyers for the right properties in the right locations. For second home buyers, both beach and golf properties will continue to be top of the priority list.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The three key regions that are like to continue to capture holiday home buyers’ attention in 2019 will be the perennially popular locations of Mallorca/Ibiza, the Costa Blanca and the Costa del Sol. In response to keen buyer demand, Taylor Wimpey España will be investing substantially in all three regions over the course of 2019.

In particular, the Taylor Wimpey España team has highlighted the Costa del Sol’s Sotogrande as a top 2019 hotspot. The company’s brand new Pier development there was already 30% sold by the time construction commenced, highlighting how popular the high end two and three-bedroom apartments are likely to be in 2019. For those looking for something larger, Pier offers the option to purchase two homes prior to construction in order to convert them into a single, spacious four or five-bedroom home.

Offering marvellous views of La Marina de Sotogrande, Pier is a private, gated community that comes complete with pools and garden areas. Green Golf, further along the Costa del Sol at Estepona, also benefits from on-site pools and pretty landscaped gardens. Taylor Wimpey España expects that golf properties such as Green Golf, with its stylish houses with large terraces, will be big news in the coming year.

Looking ahead to the market in 2019 isn’t just about predicting where people will be buying, but who will be buying. We anticipate a lot of interest in Spanish second homes from German and French buyers over the course of 2019 – these two groups are likely to be buying in big numbers, along with keen interest from buyers in Scandinavia. It will be interesting to see what impact Brexit has on British buyers next year too. At present they remain the leading nationality in terms of foreigners buying homes in Spain, though whether that will remain the case is something that nobody can predict with any certainty!”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Taylor Wimpey España believes that Spain will certainly do what it can to continue attracting British buyers, as well as courting British tourists in the post-Brexit era. Quite how that will work is, at present, anyone’s guess. However, even without British buyers in the equation, Spain is looking forward to a healthy, successful 2019, at least as far as its property market is concerned.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Old school Spain is back in fashion as Brits eye up beautiful new homes in Sotogrande

Old school Spain is back in fashion as Brits eye up beautiful new homes in Sotogrande

Spain ,
  • Taylor Wimpey España’s Pier is breathing new life into Sotogrande
  • 60-year history gives Taylor Wimpey España unique insight into buyer trends
  • 30% of homes at the €23 million development have already been reserved

Just like foods, clothes, brands and more, holiday destinations go in and out of fashion with the passing of the years. Spain has been the favourite country for Brits to visit almost every year since the 1960s, but within Spain, different areas have gained and lost in the popularity stakes over the years. This is true not just for those holidaying in Spain, but for those buying second homes there as well.

We saw a major influx of expats back in the 1970s and many of those moving to Spain from the UK chose to settle in the upscale Sotogrande area. Over the years, Sotogrande slowly fell out of fashion, but now it’s back with a vengeance! There are some beautiful new homes springing up in this area, with demand driving the development of a new wave of luxury dwellings.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Leading Spanish home builder Taylor Wimpey España is one of those focusing on Sotogrande – already famous for its hosting of the Ryder Cup and numerous polo tournaments – and its appeal to a new generation of expats. The company has just announced the beginning of construction work on Pier – a €23 million development that will include as first phase of 56 apartments. Sited around the stunning marina (hence the development’s name), the homes will offer superb views, as well as spacious, stylish interiors.

The fact that 30% of the Pier homes have been reserved in the four months that it has taken for the Spanish authorities to approve the development’s building licence says much about Sotogrande’s resurgence. British buyers are leading the charge, accounting for 50% of the Pier reservations. Tinsa’s recent IMIE local markets report also flagged up San Roque, where Sotogrande is located, as one of the most favoured municipalities in the region.

Taylor Wimpey España has been building in Spain for 60 years, so we are well positioned to understand what buyers are looking for when it comes to Spanish homes. We’ve poured all of that expertise into the design of Pier, which is going to be one of our most impressive developments to date.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Pier will offer two- and three-bedroom apartments, with the option for buyers to purchase two and transform them into ultra-luxurious four- or five-bedrooms homes. The building of this first phase should take just under two years, with apartments delivered to owners in Q3 2020. The homes are priced from €398,000 plus VAT.

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.