Why has Birmingham led UK house price growth since the Brexit vote?

Why has Birmingham led UK house price growth since the Brexit vote?

United Kingdom ,
  • Birmingham house prices up 16% since June 2016 (Hometrack)
  • City centre population growth of 163% is 2nd fastest in UK (ONS)
  • Extensive inner city regeneration driving demand for homes (Surrenden Invest)

Birmingham has enjoyed a 16% increase in house prices since the Brexit vote in June 2016, according to the latest UK Cities House Price Index from Hometrack. The December 2018 figures show that home values there have increased more than in any other UK city since the vote. Meanwhile, the government’s House Price Index shows that the West Midlands enjoyed greater price rises than any other English region during 2018, with an increase of 5.2% more than doubling the national average rise of 2.3%. So what is it about Birmingham that has enabled its housing market to flourish so spectacularly?

“Birmingham has just the right combination of factors to make it an exciting place to live as well as to invest. It is a city with a strong cultural offering, as well as a booming business environment, which means that professionals and their families can enjoy urban life in Birmingham to the max. At the same time, it’s 65,000-strong student population is building a wealth of future talent.

“In terms of the residential property market, Birmingham has some outstanding investment prospects. The regeneration work currently taking place in the B1 postcode zone is a prime example of urban planning at its best.”

Jonathan Stephens, MD, Surrenden Invest

Birmingham is known as being the youngest major city in Europe. With 40% of the population aged 25 and under, it is packed with bright, ambitious youngsters who are driving the city’s economic success.

The city also has a superb infrastructure in place, with a cultural offering that drives its tourism sector and delights local residents. Museums, theatres and art galleries abound, while those who prefer to shop and dine in their spare time have a wealth of high end locations to choose from. The upscale Mailbox is home to a range of designer stores and luxurious eateries, while the Bullring and recently completed Grand Central shopping centres between them provide an extensive retail offering.

The development of 34 luxurious apartments at No. 76 Holloway Head, in the heart of the inner city B1 postcode zone, is a leading example of why Birmingham property is so appealing. Brought to the market by specialist property investment agency Surrenden Invest, the homes are just two minutes from the very best that central Birmingham has to offer, including Selfridges, the Bullring and Grand Central. The Mailbox is even closer, delivering all the lifestyle benefits of having the city’s most upscale shopping and dining destination almost on the doorstep. As city centre connectivity goes, it doesn’t get much better than this!

The Holloway Head and Mailbox location represents the epitome of inner city living. It’s the ideal spot for young, urban professionals who are looking for one location where they can eat, work and play. Not only can residents enjoy access to all that the city centre provides, by being just a moment’s walk from the very best that central Birmingham has to offer, but investors will have a chance to benefit from one of the city’s most exciting regeneration zones. No. 76 is located opposite Concord House, which is home to Birmingham’s most expensive apartment (a penthouse that sold for a cool £1.8 million). It’s position on Holloway Head – dubbed the new “Millionaires’ Row” by local media – links it to the new SBQ buildings, which will connect it to the Bullring.

The huge Arena Central and Paradise Birmingham developments are also just a stone’s throw from No. 76, which launches this weekend. Regeneration work already completed in the local area shows the vast commitment to this part of the city. The immediate vicinity includes the already-completed £350 million Brindleyplace development, while future work on Arena Central and Paradise Birmingham will add 3 million square feet of vibrant, mixed use development space, with some £1.1 billion being invested into the area.

It is projects such as this that give Birmingham such solid future potential. At the same time, the city’s population is booming, with inner city living at the core of the expansion. Between 2002 and 2015, Birmingham’s city centre population increased by 163% according to Office for National Statistics data, making it the second fastest growing city centre in the country (Liverpool just pipped it to the post, with growth of 181%).

“This rapid population growth is contributing greatly to the success of Birmingham’s property market, with demand for rental accommodation shooting up hand in hand with demand for homes to buy. And with extensive regeneration work making city centre living more and more desirable, we expect to see this demand continue to rise for a good number of years, particularly as the hosting of the Commonwealth Games in 2022 will place even more emphasis on what a great city Birmingham is.”

Jonathan Stephens, MD, Surrenden Invest

 

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

New show homes demonstrate the best of Spanish living, as visitor numbers reach record-breaking levels

New show homes demonstrate the best of Spanish living, as visitor numbers reach record-breaking levels

Spain ,
  • Nearly 83 million tourists visited Spain in 2018 (INE)
  • Home sales up 10.1% and visitor spending up 3.3% in 2018
  • 2 new Taylor Wimpey España show homes generating keen visitor interest

Visitor numbers to Spain have hit record-breaking levels for the sixth consecutive year, following a ninth consecutive year of growth. 82.8 million people flocked to Spain for their holidays during 2018, according to the Spanish National Institute for Statistics (INE) – 1.1% more than in 2017. Visitors were also freer with their cash in 2018, with spending up by 3.3% to around €1,086 per visitor.

Home sales also shot up in 2018 – by 10.1% over the course of the year, according to the latest figures from the INE. With both tourism and the housing market booming, leading Spanish home builder Taylor Wimpey España is racing to meet the demand for holiday homes in hotspots such as the Costa del Sol and Costa Blanca. Together with its operations in Mallorca, the expert builder is launching six schemes in the first half of 2019. It has also just launched two superb new show homes, designed to enable visitors to feel what it would be like to own a second home in Spain.

When we create a show home, the idea is to provide the perfect balance of tasteful elegance while still allowing visitors to picture how they would place their own stamp on the property. It’s a practiced art! It’s also important to create interiors that work with the flow of each individual property, which varies from development to development.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

 

The new show home at Horizon Golf, in La Cala Resort, Mijas (Malaga), exudes warmth and comfort. The cream, brown and copper tones bring to mind happy family holidays, as befits the development’s stunning location, which offers panoramic golf course views in a spectacular natural environment. The show home creates a sense of welcome the moment visitors arrive, enabling them to truly imagine what it would be like to enjoy such a fantastic property for themselves. The three-bedroom townhouses are priced from €435,000 plus VAT, with airy rooms and large terraces providing a lovely setting for creating cherished family memories. There’s also a time-limited offer to purchase one of the €455,000 (plus VAT) homes at Horizon Golf and get furnishings included in the purchase price.

Along the coast on the Costa Blanca, Kiruna Residencial also boasts an elegant new show home. The sleek, contemporary interior delivers an air of sophistication and style – this is a property that visitors can picture welcoming their friends to and entertaining in, as well as enjoying themselves. The bold use of glass to divide up the townhouse’s living space means that the spacious property is filled with light, enabling visitors to imagine themselves enjoying it whatever the season. Prices start from €168,000 plus VAT for a three-bedroom townhouse.

With tourism in Spain continuing to go from strength to strength, show homes will remain an important part of the country’s second home offering. The tourism industry as a whole grew by 3.1% in 2018 in terms of its number of jobs, with the creation of an additional 50,093 jobs, according to Social Security figures. With second homes drawing visitors back to the country time and again, the role of second homes in supporting wider tourism spending is not to be underestimated.

“Purchasing a second home in Spain shows a commitment to returning to the country repeatedly over a number of years, so it’s great news for the Spanish economy, both in terms of the property purchase and as a result of the future contribution to the tourism sector. Of course it’s also of huge benefit to the buyer, providing them with the perfect holiday home and, ultimately, the option to retire to Spain in the future should they so wish. It’s a situation in which everyone wins and show homes are often the very first step in that process.” 

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.

Foreign investment in Spain hits 5-year high, with Costa del Sol winning over second home buyers

Foreign investment in Spain hits 5-year high, with Costa del Sol winning over second home buyers

Spain ,
  • Foreign investors accounted for 68% of Spanish real estate investment in 2018 (Savills Aguirre Newman)
  • Notable uptick in residential property investment in 2018 (Taylor Wimpey España)
  • Buyer Marc Dechoux cites personal use and investment as reasons for buying in Spain from overseas

Savills Aguirre Newman has reported record levels of foreign investment in Spanish real estate in 2018. A total of €10,800 million was poured into Spanish real estate over the course of the year. Foreign investors accounted for 68% of that total – around €7,300 million. The figure was the highest for five years and up 23% on the amount invested in Spanish property by foreign buyers in 2017.

The uptick in investment from overseas buyers was certainly noticeable in 2018. The appetite from real estate buyers from Europe and the US has been particularly strong and we are confident that 2019 will also be a strong year for the Spanish real estate sector as that interest continues.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

As was observed by leading Spanish home builder Taylor Wimpey España, the Savills Aguirre Newman figures show that 85% of the volume of cross-border operations came from Europe and the United States, which together accounted for just under 57% of the total investment. The e-commerce, retail and office sectors performed particularly well, while the Spanish second home market also went from strength to strength.

One of those who bought a second home in Spain from overseas in 2018 was Marc Dechoux. Marc purchased a home at La Floresta Sur on the Costa del Sol, where key-ready homes are available from €228,000. The two-bedroom homes are just 40 km from Malaga’s international airport, nestled among numerous excellent golf courses and the nearby beaches of Elviria, Cabopino and Bahía de Marbella (Marbella Bay).

Having found La Floresta Sur on a property portal while at home in France, Marc was drawn to the development’s nice location and quality features. The site boasts a communal swimming pool and striking surroundings, which have been declared a natural biosphere reserve by UNESCO.

Like many foreign buyers of Spanish real estate, Marc was looking for a property that would serve as both a holiday home and an investment. La Floresta Sur ticked all the right boxes, with Marc describing it as, “the right apartment at the right price (lovely location, high standard of construction specifications combined with a nice apartment setup).”

After a smooth and efficient transaction, Marc was soon enjoying his new Spanish home. The ease with which the transaction took place is another reason that investors are so keen on Spain right now. Quite simply, it is an easy country in which to invest in real estate, particularly for those who opt to do so through reputable property developers such as Taylor Wimpey España.

“We’ve been operating in Spain for 60 years now and I’ve personally been involved with Taylor Wimpey España for 25 years. Providing buyers with a clear, established route to purchase property here is just as important as the properties themselves. People buy holiday homes for a range of reasons, but one thing they all have in common is that they want the transaction to take place quickly and with minimal hassle. Delivering that superb customer experience is part of what has enabled Taylor Wimpey España to thrive in Spain for so many years.”

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.

Britons rush to gain Spanish citizenship before Brexit

Britons rush to gain Spanish citizenship before Brexit

Spain ,
  • British requests for Spanish citizenship treble from 2015 to 2018 (General Directorateof Registries and Notaries of Spain)
  • Foreign buyers now account for 15% of Spanish property sales (Fiabci Spain)
  • Taylor Wimpey España legal completions up 13.6% in 2018

Leading Spanish home builder Taylor Wimpey España has reported a 13.6% uplift in legal completions of its properties in 2018, as the Costa del Sol, Costa Blanca and Mallorca remain prized locations for second home owners. The number of foreigners buying in Spain has also risen, hitting 15% according to Fiabci Spain.

Spain’s property market is absolutely thriving right now and foreign buyers are playing an important role in that. Foreign buyer numbers have been rising steadily over the past decade and demand for second homes in beach and golf resorts is incredibly high.” 

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Taylor Wimpey has responded in force to the strong demand for their stylish, spacious homes, with six new developments launching in the first six months of 2019. That follows the legal completion of 342 homes in 2018.

Interestingly, but perhaps not unsurprisingly, the number of British people wanting to make Spain part of their lives has shot up in the last few years. The number of Britons applying for Spanish citizenship in 2018 was treble the number who applied in 2015, according to the General Directorate of Registries and Notaries of Spain. Assurances from the UK government that Britons living in EU member states will continue to receive the UK state pension, even in the event of a no deal Brexit, have bolstered the confidence of many who are seeking to hang on to their freedom of movement and other EU membership benefits after 29 March.

Brits are still enamoured with Spain as a holiday destination too, with visitor numbers increasing by 2.8% in November 2018 compared to November 2017. They remain the top nationality for visitors to Spain, with 17.64 million visiting between January and November 2018.

The number of registered housing sales in Spain has also increased by 2.8% when comparing November 2018 with November 2017, according to Spain’s National Statistics Institute. That figure rises considerably for certain areas, with Andalusia seeing an annual variation of 10.6%.

Developments such as Taylor Wimpey España’s Green Golf are well placed to serve those looking for something particularly special in Andalusia. Offering marvellous views over Estepona Golf, the private gated community provides luxurious three-bedroom townhouses. Pools and garden areas complement the stunning views, while the apartments themselves boast generous terraces. Prices start from just €280,000 plus VAT.

“Areas such as Andalusia continue to draw in not only considerable numbers of tourists, but also those who want a deeper connection with Spain and are looking to make it a more established part of their lives. For some of our buyers, that means a second home, while for others it means making Spain their primary residence. Either way, they benefit from all that this beautiful part of the country has to offer, from its fabulous climate and cuisine to its beaches, golf courses and so much more.”

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.

Birmingham is the new London – at least so far as property is concerned

Birmingham is the new London – at least so far as property is concerned

United Kingdom ,
  • London property prices fall for 2nd consecutive year (Nationwide)
  • Birmingham population to grow by 14.5% by 2041 (ONS)
  • Prices and yields combining to make Birmingham the new London (Surrenden Invest)

As a leading property investment company, Surrenden Invest has for years been espousing the virtues of the Birmingham property market. Now, with London house prices falling for the last two years in a row, increasing numbers of investors are looking to Birmingham to be the home of their UK property investment.

According to the latest Nationwide figures, London house prices dropped by 0.8% in the year to December 2018, following a 0.5% fall in 2017. By contrast, the Nationwide figures show a 2.9% increase in house prices for the West Midlands for the year to Q4 2018.

However, it isn’t just because London prices are falling that the Surrenden Invest team are such strong advocates for Birmingham. Indeed, the team was extolling the virtues of all things Brum long before London house prices began to wobble.

“This simple fact is, Birmingham is an amazing city that has an awful lot going for it. Its business community is thriving and there’s a palpable energy when it comes to startups and entrepreneurs in the city. Birmingham’s residents demand the very best, whether that’s cultural attractions, retail outlets or the restaurant scene – and that’s precisely what the city delivers. This is a modern metropolis that is drawing in new residents by the tens of thousands, and for very good reasons.”

Jonathan Stephens, MD, Surrenden Invest

According to the latest Office for National Statistics population growth projections, Birmingham’s population is expected to increase by around 166,000 people between 2018 and 2041 – a growth rate of 14.5%. This is another factor driving the new wave of property investor interest in England’s ‘second city.’

One of the leading developments that is rising to meet the surge in demand is the centrally located Westminster Works. Home to 220 beautiful, loft-style apartments, Westminster Works is offering investment from £168,000. The building’s specification and facilities are superb, as befits such a prestigious development in this exciting city.

“With Westminster Works, what we see is apartments and amenities that deliver a new style of urban living to Birmingham’s aspirational, dynamic young professionals. The lively Digbeth location is the perfect site for this leading development, while the impressive roof terrace is a feature of which every resident can feel proud.” 

Jonathan Stephens, MD, Surrenden Invest

The yields on offer in Birmingham are another reason that attention is moving away from London. Westminster Works offers solid yields of 5.0% NET – something which many developments in London are either struggling or failing to do.

Then there is the overall impact that regeneration work is having on the city. Grand Central’s opening in 2015 marked a step change in the way that many people thought about Birmingham. Now, the £500 million Birmingham Smithfield masterplan, located just behind Westminster Works, is taking regeneration to the next level. Head of city centre development and planning, Richard Cowell, has hailed it as, “an example to international cities,” with residents set to benefit not just from a new market area but from a museum, hotel, culture centres, leisure facilities and a 24-hour gourmet foodie hangout.

“This is the new face of Birmingham – and it’s leaving London looking old and tired. When it comes to UK property investment, Birmingham is the place to be.”

Jonathan Stephens, MD, Surrenden Invest

 

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

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