Sweet gîtes for every budget – FrenchEntrée heralds the start of the annual gîte-hunting season

Sweet gîtes for every budget – FrenchEntrée heralds the start of the annual gîte-hunting season

France
  • July and August are the time for would-be buyers to undertake research (FrenchEntrée)
  • Most popular areas include Brittany, Normandy, Poitou-Charentes, Limousin, the Dordogne and Languedoc-Roussillon
  • Gîte hunters looking for the ideal blend of affordability and rental potential

Premium French property agents FrenchEntrée are gearing up for the annual ‘gîte-hunting season’ in France. Every July and August, British holidaymakers head across the channel in search of sunshine, relaxation and the perfect property, with gîtes offering the ideal blend of affordability and rental potential.

“At this time of year, we tend to see holidaymakers combining their downtime with research into France’s gîte market. Typically, visitors are exploring areas where they are considering making a purchase to find out about local amenities, transport connections, social considerations and so forth. Many of these holidaymakers use the summer months to really get to know their preferred region, prior to purchase a second home there further down the line.”

Fleur Buckley, Property Services Manager, FrenchEntrée

Brittany, Normandy, Poitou-Charentes, Limousin, the Dordogne and Languedoc-Roussillon are all popular with British buyers. Each area offers its own unique charms. Brittany is all about coastal walks, wide sandy beaches, open skies and green hills. Normandy also boasts beautiful beaches, backed by rich farmland and overflowing with orchards. The inland Dordogne region, meanwhile, offers gently undulating hills, historic towns and magnificent river vistas. Of course, this being France, each area also offers its own unique, gourmet cuisine, focusing on fresh, local ingredients that change with the seasons.

Every region also offers its own style of gîte. In technical terms, a gîte is a property that has an owner living nearby, to welcome guests and provide assistance. This means that many gîtes are former farmworkers’ cottages or outbuildings that have been converted into living accommodation. As such, they can vary in size – and price – quite considerably. This is excellent news for British buyers, as it means that there is a gîte to suit every budget.

“The depth of variety in the gîte market means that buyers are often spoiled for choice. That’s why the summer months are so key to potential purchasers – they want to explore in detail what France has to offer before homing in on a particular location and property. Of course, many are also buying with rental potential firmly in mind, so are researching local holiday rental markets as well during their visit.

Fleur Buckley, Property Services Manager, FrenchEntrée

Gîtes are incredibly popular with tourists and are in abundant supply. Estimates suggest that there are five gîtes available for every person who wants to book one. Even with France topping the list of the world’s most visited countries, making a living from a gîte is unlikely in such a saturated marketplace. However, many would-be purchasers have a realistic view of this and are happy to factor only a few weeks’ rental income per year into their plans, according to FrenchEntrée. As such, let the gîte-hunting season begin!

 

Gorgeous gites currently on the market

In the Uzel area of central Brittany, this delightful, renovated farm complex comes with three habitations, two of which are in use as gîtes. The property also benefits from a heated swimming pool, terraces, children’s play area and orchard.

Set in almost 40 acres of land in the Charente-Maritime, Poitou-Charentes region, this stunning property is new to the market. The beautifully renovated stone house comes with two gîtes, spa with sauna and treatment rooms, saltwater pool and summer kitchen area and fabulous grounds, including an orchard and a meditation meadow.

Buyers looking for more of a project will love this small chateau in Limousin, which is packed with potential for someone looking to create a fantastic gîte complex. Bordering a cascading river, the property has around 24 rooms, which could be separated into six or more dwellings. Packed with character, this property enjoys a scenic, peaceful setting that is perfect for promoting relaxation.

 

For further information, contact FrenchEntrée on +44 (0)1225 463752 or propertysales@frenchentree.com. You can also visit https://www.frenchentree.com/property-for-sale/.

Latest figures confirm strength of Spanish property market

Latest figures confirm strength of Spanish property market

Spain ,
  • Transactions up 4.7% in May year on year (INE)
  • Overseas buyers bolstering coastal regions like Andalucía (Taylor Wimpey España)
  • Sun, sea and golf combining to attract buyers to purchase second homes (Taylor Wimpey España)

Spain’s national statistics agency, the INE, has just released property sales figures for May 2018. The numbers show an increase in the transfer of property rights of 4.7% compared with May 2017.

The figures back the strong demand that leading Spanish home builder Taylor Wimpey España is experiencing for properties in popular coastal areas.

The Spanish property market is going from strength to strength, with the latest INE figures confirming robust, continuing growth. In Andalucía, property sales are increasing well above the national average, up 7.2% year on year according to the INE.

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Demand for homes such as those at La Floresta Sur in Marbella, Andalucía reflects the INE’s impressive figures. The spacious apartments near Elviria beach are set in striking natural surroundings, with the oak and pine forest declared a natural biosphere reserve by UNESCO. The key ready two and three-bedroom apartments blend outdoor and indoor living to make the most of the Mediterranean lifestyle. Communal facilities include lush gardens and two large swimming pools.

Owners at La Floresta Sur enjoy direct access to El Soto Golf Club, while the well-known La Cala Golf Resort and Santa Maria Golf resorts are just a 10-minute drive away. The famous Nikki Beach Club, popular with celebrity patrons, is also just a few minutes from the development.

“Overseas buyers are doing much to help the Spanish property market right now, which is one of the reasons that the Andalucía property market is performing so well. Beautiful sandy beaches, world-class golfing facilities and reliably sunny weather are an alluring combination for buyers looking for a top quality second home.”

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.

5 things you need to know before buying a property in Spain

5 things you need to know before buying a property in Spain

Spain ,

Falling in love with Spain isn’t hard. The gorgeous beaches, abundant sunshine and affordable, delicious food and wine can quickly get under visitors’ skin. Golf lovers are also particularly well served by Spain, which has around 350 golf courses, many of them championship quality.

However, holidaying somewhere and buying a property there are two very different matters. As such, leading Spanish home builder Taylor Wimpey España,  with its 60 years of experience, has provided its five top tips on what overseas buyers need to know before they put their money into the Spanish property market.

Every country has its own unique quirks when it comes to buying property, and Spain is no different in this respect. Understanding the local market can ensure a pleasurable buying experience rather than a stressful one, so it’s well worth taking a little time to research everything you need to know in advance.

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España

 

Taylor Wimpey España’s 5 top tips for buying a property in Spain:

  1. Choose the property type carefully

Different types of property come with different financial implications. For example, many buyers assume that condominium charges only apply to apartments. However, they also often apply to townhouses and villas built on private estates. As two thirds of foreign buyers in Spain opt for these types of ‘community properties,’ according to Just Landed, buyers should be sure to check the details as part of the viewing process.

  1. Arrange viewings early

The summer months are an incredibly busy time for the Spanish property market, so it’s advisable to book viewings as far in advance as possible. Don’t assume that it’s possible to just turn up and have a viewing on the same day without arranging an appointment in advance. While that may well be doable over the winter months, it’s unlikely to be the case during the peak summer season.

  1. Check the paperwork

It’s important to view the nota simple (similar to a Land Registry extract) before committing to buying a home in Spain. This is available from the Colegio de Registradores in Spanish, or in English for an additional fee. For new build homes, popular with many overseas buyers, the final building certification paperwork and guarantees all need to be in order, including certification from a registered architect that the property is finished.

Buying with an established housebuilder such as Taylor Wimpey España offers a comforting degree of certainty in this respect, as all its new build homes come with final building certification, plus a guarantee that they comply with all relevant planning permissions. At La Floresta Sur, Elviria, Marbella, for example, the key ready apartments and penthouses, with communal gardens and pools, have all the paperwork in place for a swift and easy purchase process.

  1. Check the cadastral value

Purchase tax in Spain is based on a property’s cadastral value. Interestingly, this value can differ from the sale price, as it is calculated based on the council’s valuation of the property, rather than on the seller’s. As such, buyers should not make assumptions about the purchase tax amount, but should instead check the cadastral value at the relevant regional government’s online tax agency site.

  1. Choose a trusted seller

Perhaps an obvious point, but one that’s still worth making. Choosing a company with a long, strong track record (such as Taylor Wimpey España’s 60 years of building homes in Spain) brings considerable peace of mind. Not only does it offer assurance as to the design and build quality of the property, but also in relation to how easy the transaction is likely to be – a key consideration when buying a home in another country.

 

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.

Regional property markets race to catch the capital

Regional property markets race to catch the capital

United Kingdom ,
  • Property price gap between London and other cities to narrow over next 1-2 years (Hometrack)
  • Tax changes driving shift in regular market cycles (Surrenden Invest)
  • Edinburgh, Manchester and Birmingham enjoying annual price rises of 6.5% and above

 

The latest Hometrack UK Cities House Price Index projects a narrowing of the property price gap between London and the UK’s other cities over the next year or two. For investors, the choice is clear – regional cities are the place to be if they wish to profit from property. But are we at risk of completing the same cycle as we saw just over a decade ago, or has the market learned from its previous mistakes?

“While many factors mirror the housing market’s performance back in the early 2000s, there are some substantial differences that look set to bring about different outcomes from this state in the cycle. Tax changes are playing a key role in this, as are the rising quality and security standards of regional city developments.”

Jonathan Stephens, MD, Surrenden Invest

At present, house price inflation stands at 4.3% for the UK as a whole over the past year. For London, the figure drops to just 0.4% over the same period. Edinburgh has seen the highest increase in values, at 7.1% over the year to April 2018, closely followed by Manchester, at 7.0%.  Birmingham also fared far better than average, at 6.5%, as did Liverpool, at 5.9%.

The regional success stories stand in stark contrast to the price falls seen in 20 of London’s 33 local authorities. Developments such as Westminster Works in Birmingham are thus offering investors far more potential for capital growth, as well as healthy yields. Ideally positioned to benefit from the HS2 Curzon Street station scheme, as well as the redevelopment taking place as part of the Smithfield masterplan, the premium apartments are raising the bar for rental accommodation in Birmingham. The luxurious apartments come with a range of top facilities, including a concierge service, secure on-site parking and smart home, eco-friendly technology in every home.

The same trend of the regions racing to catch up with London’s prices occurred between 2002 and 2005, when London saw weak growth after a period of strong performance from 1996 to 2000. Regional markets had lagged behind, but began reporting strong performance from 2001 onwards, thus narrowing the price gap.

However, leading property investment agency Surrenden Invest is quick to point out that the current market has a number of significant differences to that of the early to mid 2000s. While the cycle appears similar, secondary cities may actually stand a more realistic chance of catching up to London’s prices than they did previously.

“People have been saying that London is too expensive since before Black Monday in 1987, yet over the last 30 years property prices there have grown enormously. Still, there comes a point when a market becomes too expensive to bounce back quickly, even when there are chronic underlying supply issues, as is the case with London. The city remains one of the world’s most significant and sophisticated property markets, but that doesn’t mean that it can’t suffer a sharp, swift price correction – or that it could quickly recover from such an occurrence.”

Jonathan Stephens, MD, Surrenden Invest

In previous property market cycles, the regions have narrowed the price gap between their cities and London, only for London’s prices to race ahead once more. This time, though, the quality, security and corporate governance of nationwide developers are far stronger than they were even ten years ago. Previously a concern for risk-averse buyers, these strong credentials – and the attractive yields on offer – mean that regional cities stand a good chance of catching up to London’s prices outside of the standard cycles that we’ve seen over the past 20 years.

Another contributing factor is the new Stamp Duty regime. Many of London’s properties are located in prime and super prime locations, costing upwards of £1 million. The sale of those properties has been significantly hampered by the higher tax rates, as well as the additional 3% charge on second homes. With regional properties available for significantly less money, the tax burden is reduced sufficiently to make regional property purchases more attractive than London ones in the eyes of many investors.

“Are we likely to see the regions catch up relative to London in terms of their property prices? Probably not, as London remains a uniquely appealing market. However, what we are likely to see is a sustained and significant narrowing of the price gap, as regional cities hold fast in the wake of London’s price correction.”

 Jonathan Stephens, MD, Surrenden Invest

 

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

Estate agents brace for Tour de France effect

Estate agents brace for Tour de France effect

France
  • World’s largest cycling road race is France’s “best advertising campaign” (FrenchEntrée)
  • Surge in interest in French property likely to run along the route
  • Fontenay le Comte, Fougères and Trie sur Baïse flagged as areas of particular interest

All eyes will be on France’s Noirmoutier-en-l’Île on 7 July, as the world’s biggest road cycling race kicks off once more. The Tour de France is possibly the most famous cycle race on the planet. Each year, it generates millions in revenue for the towns and cities that host the various stages. However, there are additional ‘unseen’ benefits to the race as well, according to premium French property agents FrenchEntrée.

“You couldn’t devise a better advertising campaign for France than the Tour de France! From the stunning urban architecture to the misty mountains to the rolling countryside, the race shows France at its very best – often including its glorious weather as well. It’s no wonder that it generates a surge of interest in French property each year!”

Fleur Buckley, Property Services Manager, FrenchEntrée

Anywhere and everywhere along the Tour de France route can attract interest from overseas property buyers. Millions of fans line the route every year, many of them travelling from elsewhere in Europe (and beyond) in order to be part of cycling’s greatest event. In addition, tens of millions of global viewers enjoy the experience on television.

This year, FrenchEntrée predict keen interest in properties in Fontenay le Comte, Fougères and Trie sur Baïse.

At the finish of stage 1, Fontenay-le-Comte is in France’s Pays de la Loire region. The pretty Vendée River flows through the town, which is home to a number of beautiful churches and other historic buildings.

Fougères, meanwhile, which hosts the start of stage 7 of the 2018 Tour de France, has one of the finest castles in Europe. The Brittany town is home to a lively Saturday market, along with some fabulous examples of medieval architecture.

Surrounded by beautiful countryside and quaint villages, Trie-sur-Baïse, the start of stage 18, is a historic market town that exemplifies traditional French life. The weekly market is the ideal place to shop and socialize, while a market specialising in goose and duck produce is held weekly over the winter months.

“France has something to offer every individual taste and budget, which is one of the things that makes it such a perennially popular destination with overseas property buyers. We’re expecting a busy summer season – as ever – with interest along the length of the Tour de France route, as it showcases this beautiful country to the world.”

Fleur Buckley, Property Services Manager, FrenchEntrée

 

Tour de France properties currently on the market

Fontenay-le-Comte: This large, impressive house enjoys magnificent views over the wooded countryside. The six-bedroom property comes complete with playroom, video room (home cinema) fully equipped and soundproof, hammam with rest room, leisure room, three garages, a greenhouse and around 5,450sqm of mature parkland planted with oak trees, cedars, rhododendrons and a superb weeping beech tree.

Fougères: This enormous 16th and 19th century dwelling offers peace and seclusion, and is packed with traditional charm. With a square courtyard, outbuildings, chapel and two beautiful round towers with pointed roof tiles, this is a property to truly capture the imagination. The property covers 24.76 acres, with meadows, woods, a pond and a park with a swimming pool.

Trie-sur-Baïse: This recently restored, nine-bedroom home comes with its own pool and gîte. The property is packed with character and luxury touches, from its multiple marble fireplaces to its sweeping views over the rolling countryside with the Pyrenees as a backdrop.

 

For further information, contact FrenchEntrée on +44 (0)1225 463752 or propertysales@frenchentree.com. You can also visit https://www.frenchentree.com/property-for-sale/.

 

Spain confirmed as Brits’ top choice holiday destination, as well as best value location

Spain confirmed as Brits’ top choice holiday destination, as well as best value location

Spain ,
  • Mainland Spain is top destination for last-minute breaks (Novasol)
  • Maturity of Spanish holiday home market means easy access for British buyers (Taylor Wimpey España)
  • Spain comes out on top as best value for holidays (On The Beach)

From holidays to homes, Spain offers exceptional value and the ongoing Brexit saga is doing nothing to dampen Brits’ love of the Spanish sunshine. In fact, Novasol has revealed that mainland Spain is the top choice for British holidaymakers looking to take last-minute sunshine breaks. Meanwhile, leading Spanish home builder Taylor Wimpey España is highlighting how easy an option Spain is when it comes to owning a second home overseas.

Spain has a mature market when it comes to servicing overseas buyers. Indeed, Taylor Wimpey España has been building homes here for both domestic and foreign house hunters for more than 60 years.

“Not only is the purchase process relatively straightforward, Spain’s numerous, inexpensive connections to the UK mean that it’s a hassle-free option for last-minute and frequent breaks. Add in the weather, cuisine, coastline and leisure pursuits and you have the ideal location for a holiday home purchase.”

 Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The Costa Calida, Costa del Sol and Costa Blanca were the top three destinations, with Spain dominating the rest of Europe in terms of overall arrivals numbers, according to Novasol’s data. The availability of top quality, key ready properties in each of these destinations further enhances the ease with which Brits can purchase their dream holiday home.

The Costa Blanca’s La Vila Paradis, for example, offers key ready apartments and townhouses with direct beach access. Spectacular views and multiple on-site swimming pools complement the beautifully designed homes, which are priced from €279,000 plus VAT. Just 30 minutes from the airport and 20 minutes from central Alicante, the properties provide easy access from the UK, as well as to local facilities.

Spain is also easy on the wallet, compared to many popular beach destinations. The Costa del Sol has some superb value residences. Homes at La Floresta Sur, for example, are priced from just €225,000 plus VAT for a Mediterranean style property in a peaceful location near Elviria Beach. Residents can enjoy the stunning sea and mountain views, as well as free access to the facilities of El Soto Golf Club. The striking surroundings have been declared a natural biosphere reserve by UNESCO. La Floresta Sur’s two and three-bedroom apartments have large terraces for making the most of the natural beauty that surrounds them. The development also includes two large communal swimming pools, landscaped gardens and external private parking.

Nor is it just high end holiday homes that are such good value in Spain. A recent, in depth analysis by On The Beach found that Spain was the best value destination based on a comparison of the length of its beaches, number of sunshine hours and average sea temperatures with the average cost to holiday there over the summer months.

“Foreign interest in Spain is driving the market forward in coastal regions, which are enjoying rapid price growth in some areas. As such, we’re seeing a lot of buyers looking to move fast in order to make their purchase before prices rise even more. Spain offers fantastic value for money in other areas of life as well and this is one of the reasons that it remains so incredibly popular with British holidaymakers.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Property prices in Spain have recovered to 2012 levels, with TINSA reporting a 6.6% year-on-year increase during Q2 2018. Meanwhile, more homes were purchased in 2017 than in any year since 2008 (at 464,465 and 552,080 respectively). Whichever angle you look at it from, Spain is an incredibly tempting choice for buyers looking to secure a piece of the sunshine for their future.

 

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.

Apartment prices rising faster than any other property type, new data reveals

Apartment prices rising faster than any other property type, new data reveals

United Kingdom ,
  • Average UK apartment price up by £1,251 per month over last 5 years (Halifax)
  • Regional cities such as Liverpool and Newcastle currently exciting investors (Surrenden Invest)
  • Strength of labour market continues to support house prices (Halifax)

Newly released data from Halifax has shown that the average UK apartment has increased in value by £1,251 per month over the past five years, rising by £75,074 over the period.

Although apartments make up just 15% of all home sales, their relevance to urban labour markets is increasingly important. This is borne out by the Halifax data, which shows an increase of 48% in apartment values between 2013 and 2018, compared with an increase of just 42% for terraced houses and 27% for detached homes.

“The sustained level of demand for apartments in regional city centres has shown solid credentials, even in the wake of the Brexit referendum. With dynamic local economies and solid labour markets, regional cities are an enticing prospect for those looking to make capital gains, whether as owner-occupiers or investors. In fact, the majority of investors we work with now come to us with a regional city firmly in mind – London has lost its shine as a residential investment prospect as the UK’s other cities are producing better returns.”

Jonathan Stephens, MD, Surrenden Invest

Liverpool is one city that has benefitted from this new breed of regionally focused property investors. Developments such as The Tannery, which offers bright, contemporary residences with beautifully presented interiors, are drawing in both domestic and international investors. Hadrian’s Tower, in Newcastle, is another such example. Its blend of exceptional apartments and innovative social spaces is precisely what investors are looking for.

Halifax’s latest House Price Index shows a monthly rise in home values of 1.5% during May, following a brief wobble in April. The lender flags up the labour market’s performance, along with low interest rates, as two of the reasons behind this.

“The continuing strength of the labour market is supporting house prices. In the three months to March the number of full-time employees increased by 202,000, the biggest rise in three years. We are also seeing pay growth edging up and consumer price inflation falling, and as a result the squeeze on real earnings has started to ease. With interest rates still very low we see mortgage affordability at very manageable levels providing a further underpinning to prices.”

Russell Galley, Managing Director, Halifax

With the UK population expected to pass 70 million by mid-2029, and urbanisation increasing steadily (from 80.2% in 2006 to 82.84% in 2016, according to Statista), demand for city centre apartments looks likely to remain strong over the years ahead. And with apartment prices increasing at a faster rate than any other kind of accommodation, they are sure to remain the property of choice for investors looking to make the most of their money.

 

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

Buying a beachside property can heal mind, body and soul

Buying a beachside property can heal mind, body and soul

Spain ,
  • “Lifelong relationship to water” benefits cognitive, emotional, psychological, social and spiritual health (Dr Wallace Nichols, PhD)
  • 4 in 5 people report being around water relaxes them (Wakefield Research)
  • Beachside homes provide respite for mind, body and soul (Taylor Wimpey España)

 

The benefits of spending time near water are becoming increasingly evident, as more research is undertaken. For leading Spanish home builder Taylor Wimpey España, access to water is an integral part of the company’s ethos. From homes with direct access to stunning beaches, like Cala Murada in Mallorca, to developments with multiple communal pools and water-based relaxation amenities, like Mijas’ Horizon Golf townhouses, at the La Cala Golf Resort, which come complete with hydrotherapy centre and spa.

 “Just the sight of the sea can evoke a neurological reaction, let alone the health benefits to be enjoyed as a result of having a dip. Owning your primary residence or second home within sight of the water can boost your mental and physical health, which is why we take such care with the locations that we choose and the views that our beachside homes offer.”

 Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

According to marine biologist Dr Wallace Nichols, seeing water can promote wellness and relaxation by inducing a flood of neurochemicals that increase the flow of blood to the brain and heart. At the same time, the sound of waves can alter brain patterns, inducing a deeply relaxed state that is similar to meditation.

This finding is backed up by data from Wakefield Research, which found that four out of five people report that being around water relaxes them, while 72% of people feel healthier after they’ve spent time on the water.

“A lifelong relationship to water, facilitated through activities like boating and water sports, for example, brings vast cognitive, emotional, psychological, social, and spiritual health benefits. These activities also tender the added positive rewards of exercise and social time with others in the context of the great outdoors.”

 Dr Wallace Nichols, PhD, Author and Marine Biologist

Sea air brings mental health benefits of its own. The negative ions that it contains enable the body to absorb oxygen more readily and balance serotonin levels. Meanwhile, exposure to the sun’s heat results in the endocrine system secreting endorphins. Add in a swim in the sea and the salty water will preserve the brain’s levels of melatonin, tryptamine and serotonin, all of which stave off depression.

The physical benefits of beachside living are also numerous. Walking on sand requires the body to repeatedly counter-balance, thus working the muscles harder than walking on a flat surface. Swimming in the sea is also a great way to get exercise, as are the countless watersports that popular holiday locations like the Costa del Sol offer in such abundance. Exposure to sea water can boost the immune system, thanks to the antibiotic and antibacterial effects of the vitamins and minerals within the water. It can also improve circulation and help to heal aches and pains. There’s even evidence that swimming in warm sea water can help the body to fight conditions such as bronchitis and asthma.

We still have a long way to go before we fully appreciate all of the benefits that come with spending time at the beach and in the sea. However, we know enough to understand that there is immense value to be had from living in close proximity to the water.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Even the diet is healthier for those who eat local produce, with regular consumers of fish less likely to suffer from depression than those who abstain from eating it. With glossy, high spec kitchens and wide terraces or private gardens, Taylor Wimpey España’s properties are perfectly designed for those wishing to reap the full package of benefits of seaside living.

 

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.

Westminster Works – Latest housing jewel in Digbeth’s crown

Westminster Works – Latest housing jewel in Digbeth’s crown

United Kingdom ,
  • Westminster Works to provide 220 elegant apartments in strategic Digbeth location
  • Digbeth continuing to build reputation as the place to live, eat and work in Birmingham
  • Extensive regeneration plans to ensure that Birmingham benefits fully from HS2

 

Whichever way you look at it, Digbeth is the place to be in Birmingham.

Not a week goes by when there isn’t a rumour circulating as to the latest hip venue that’s about to pop up. The last month alone has brought the news that a vast new live music venue – The Mill – is to open in the heart of Digbeth, complete with mezzanine level and rooftop garden. Also planned is a giant late-night food and drink market, featuring three bars, four kitchens and regular DJ slots. Meanwhile, Digbeth Dining Club has gained such a reputation for its gourmet credentials that its touring neighbouring cities!

There’s also much more to Digbeth than leisure pursuits, exciting though the area’s cultural credentials may be. The £5 million STEAMhouse project has just launched to provide a co-working space that brings together businesses, artists and academics. Fostering economic growth and innovation are top of the agenda for the Digbeth High Street-based initiative.

 

“Digbeth has an incredible energy and sense of purpose about it. If you stand behind the Bullring and look out over the area, the potential is evident. Everywhere you look there are new projects being developed, from entertainment venues and cultural hubs to business premises and superb new residential buildings.”

Jonathan Stephens, MD, Surrenden Invest

 

One of the most exciting residential projects in Digbeth is the newly launched Westminster Works. Home to 220 elegant, loft-style apartments, complete with rooftop terrace, concierge service, secure on-site parking and smart home, eco-friendly technology in every home, the development plans to take Birmingham city living to the next level.

Bespoke David Phillips furniture packs complement the warehouse-inspired design of the building’s exterior, ensuring that Westminster Works has a contemporary, luxurious feel all of its own, while high end fixtures and fittings reinforce the superior standard of the accommodation.

Those investing in apartments such as the homes at Westminster Works, which are available from £168,000 through leading property investment agency Surrenden Invest, are also set to benefit from the extensive regeneration work that is transforming several areas of Birmingham city centre. The master-planned regeneration includes the multi-billion pound residential and retail Smithfield area, a £770 million redevelopment of New Street Station and the integration of Curzon Street Station in Digbeth into the city centre, to ensure that the whole of Birmingham reaps the benefits of the HS2 high speed rail network.

With so much on offer in a world-class urban setting, it’s no wonder that investments such as Westminster Works are so popular with investors from the UK and overseas alike.

 

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

Brits buy double the number of Costa del Sol homes in run up to Brexit

Brits buy double the number of Costa del Sol homes in run up to Brexit

Spain ,
  • British buyers up 100% compared to last year (Taylor Wimpey España)
  • Most important summer ever set to see 2% increase in visitors and income for Costa del Sol (Costa del Sol Tourism)
  • Spanish property prices to rise by 5% in 2018 (BBVA)
  • Exchange rate ‘stability’ may be key to surge of second home purchases (Taylor Wimpey España)

 

Leading Spanish home builder Taylor Wimpey España has reported a 100% increase in sales of its Costa del Sol properties to British buyers over the past year.

The charms of the area’s stunning beaches and golf courses have eclipsed buyers’ Brexit worries, leading to a surge in interest in Spanish second homes on the Costa del Sol.

 

A number of factors are at play here. On the one hand, we’ve seen a relatively stable GBP/EUR exchange rate over the last several months. At the same time, interest in the Costa del Sol in general is rising. Then there are the age-old attractions of the area’s pristine beaches and golf courses. All of this is excellent news for the local tourism sector.

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

 

The Taylor Wimpey España team believes that the exchange rate is key to the resurgence of British buyers. According to xe.com, the past 90 days have seen just 0.32% volatility in the GBP/EUR exchange rate, from a low of 1.12014 to a high of 1.15801. The result is an increase in British buyer confidence.

Also relevant is BBVA bank’s forecast that Spanish property prices will rise by 5% over the course of 2018 – double the rate of price growth achieved in 2017. As such, many buyers are looking to buy into the market sooner rather than later, to ensure they receive maximum value for money. Others are looking to their Costa del Sol second home purchase for fairly rapid capital growth (as well as the ability to use the property whenever they wish).

 

We’ve seen a sustained increase in British buyers on the Costa del Sol over the past year. The exchange rate has a huge influence over such matters. We’ve also seen a 15% increase in the number of property reservations across mainland Spain and the Balearic Islands as a whole, with reservations now at their highest level for seven years.

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

 

The impressive figures coincide with the CEO of Costa del Sol Tourism, Jacobo Florido, announcing the “most important summer” of the region’s history.

Both tourist numbers and income are projected to grow by 2% during the year – and that’s following a record year in 2017, when 12.5 million visitors arrived in the Costa del Sol, up 6.4% compared to the year before. An additional 80,000 visitors from the UK certainly helped to bolster the figures.

When it comes to second homes on the Costa del Sol, buyers are spoiled for choice, thanks to Taylor Wimpey España’s extensive collection of terrific properties there.

In Marbella, Royal Banus properties are available for purchase from €490,000 + VAT, while homes at Le Caprice – at the Westin La Quinta Golf Resort in Benhavis – are priced from €550,000 + VAT. Both sites feature homes built to exacting standards and with impressive interiors. Outside space (in the form or balconies and gardens) is a given, while communal pools and gardens complete the offering.

For those with a more modest budget, Grandview at La Cala Golf Resort, and Estepona’s lush, tranquil Green Golf, showcase the Costa del Sol’s attractions. Priced from €287,000 + VAT and €340,000 + VAT respectively, the resorts offer stylish, contemporary homes with superb views and excellent local facilities. Their combination of pools, gardens and golf has proven popular with British buyers and looks set to continue doing so over the course of the Costa del Sol’s “most important summer” ever.

 

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.