The lap of luxury: Inside some of Taylor Wimpey España’s most luxurious homes

The lap of luxury: Inside some of Taylor Wimpey España’s most luxurious homes

Spain ,
  • A holiday home through Taylor Wimpey España averages £350,000.
  • Number of homes completed rose to 30% compared to 2016.
  • The most expensive villa so far in 2017 was sold just under €1 million.
Spain is notoriously one of the most enquired about destinations for Brits buying holiday homes abroad. Whether it’s a detached villa, a stylish penthouse or simply a duplex perfect for a retreat, the Spanish second home market attracts all types but increasingly its more affluent buyers that are seeking that dream place in the Spanish sun.
Indeed, leading housebuilder, Taylor Wimpey España has seen buyer budgets’ rise over the past 18 – 24 months by an average of 10%. Today a Taylor Wimpey España home in Spain will cost on average (£350.000).
So what’s fuelling this rise in spending?
According to Taylor Wimpey España, which has been selling homes in Spain for almost 60 years, the rise is primarily accounted for by the sale of properties within more luxurious (and hence expensive) new developments to affluent overseas buyers.
Looking at the first quarter of 2017 for instance, there was an increase in customer reservations for Taylor Wimpey España’s most lavish properties such as Serenity or Casa Vinyes Hills located on the exclusive island of Mallorca.
In total, the leading British developer completed nearly 30% more properties across Spain in H1 2017 than H1 2016, and grew their order book by nearly 2%.
“Even though prices might be rising buyers are prepared to pay more as they know that Spanish property remains some of the best value within Europe. Buyers from across the globe are taking an interest in what Spanish bricks & mortar can offer, both as an investment and as a lifestyle. We are seeing more and more buyers coming to Spain with bigger budgets, looking for more luxurious and high specification homes which we at Taylor Wimpey España are more than happy to deliver.”
 
Marc Pritchard, Taylor Wimpey España
In terms of where these wealthy buyers are looking, the enquiries that Marc and the team at Taylor Wimpey España receive are primarily for specific, high value areas of Marbella of the Costa del Sol, Nova Santa Ponsa and Port Andratx in Mallorca and Villajoyosa on the Costa Blanca. And it is due to this growing demand that Taylor Wimpey España has launched new luxury developments in these areas.
 Significant price increases have also been seen on Mallorca which is turning the heads of wealthy individuals, here the average price of properties has reached £375,000 + VAT.
“When it comes to location, one of our most popular Spanish spots with Brits is the jewel of the Mediterranean – Mallorca. Mallorquin property prices have always been on average higher than the mainland, primarily due to restrictions on land availability, but having been operational on the island for almost 60 years now, we are in a unique position to still be able to secure prime plots upon which to build the most of luxurious homes.”
Marc Pritchard, Taylor Wimpey España
 

This year, Marina Golf situated in south-west of Mallorca was the location of the most expensive property available through Taylor Wimpey España. Customers could acquire spacious villas from 145 m², complete with 30 m² private terrace, large gardens to enjoy warm Mediterranean evenings and a swimming pool twice the standard size. Each townhouse comprised three bedrooms and three bathrooms with air conditioning, all available from £531,000 + VAT . The most expensive one was sold at £880,000 + VAT.
In order to ensure the maximum amount of light, these properties are also southwest facing so the sun can be enjoyed for most of the day and just 30 minutes’ drive to Palma international airport.
For more information please contact Taylor Wimpey España today on 08000 121 020 or visit http://taylorwimpeyspain.com 

for more information. If you reside outside of the UK you will need to call 00 34 971 706 972.
Social spaces in purpose built student accommodation designed to combat loneliness

Social spaces in purpose built student accommodation designed to combat loneliness

Uncategorized
Now that the new academic year is underway, tens of thousands of Freshers are preparing to settle into their new student life.
Many will be full of excitement but also many will be concerned about living away from home for the first time with almost 5 in 10 students reporting that isolation makes university a difficult experience (Student Experience survey).
Another study has highlighted that for students, loneliness is something that can affect their health. According to report by the IPPR think-tank, as many as 15,395 first year students in a decade reported mental health condition due to academic pressures.
“The increase in mental health conditions is alarming and it raises the importance of student residences being equipped to meet the wellbeing needs of young people. The facilities available within student accommodation can make a huge difference, enabling students to feel safe, secure and part if a community.”
 
Heriberto Cuanalo, CEO, Collegiate
Indeed, with pressures on finances never greater, students are increasingly relying on facilities within the university environment with free chill-out areas being the most important area for 54%, campus bar and nightclub a priority for 46% and a gym facility for 32% according to the Student Experience survey.
Resident’s wellbeing is a priority for student accommodation provider Collegiate and developer Fusion Students, who deliver social spaces for students across all of their UK sites, creating communities and combatting loneliness.
“Inspired social spaces are an integral part of the Collegiate product and service, providing residents with an opportunity to relax, unwind and socialise with other residents. At Collegiate AC, we provide what other, less discerning, providers don’t.”
Heriberto Cuanalo, CEO, Collegiate
Take for instance Plummer House by Fusion Students in Newcastle which provides a range of unrivalled common areas from a games room as well as a chic in-house BYO bar to a VIP lounge. Residents will see their social life enhanced at Eclipse also by Fusion Students, located in Cardiff, as it offers an ‘Alice in Wonderland’ themed nightclub to entertain friends.
Students at Collegiate’s brand new site in Sheffield – Collegiate Crown House – also boasts a long list of amazing shared spaces such as an on-site gym (with on demand exercise classes available), outdoor and indoor cinema room, outdoor recreational space (with a courtyard space for BBQ) and private dinner party room. Lucky new residents at Collegiate Ernest Place in Durham, set to open its doors this Saturday 16th September, can enjoy a stunning Sky lounge and an on-site sauna.
With students spending most of their time where they live, accommodation design matters more than ever when it comes to students’ mental health.
For more information on Fusion Students please visit www.fusionstudents.co.uk or to book other accommodation across the UK, contact Collegiate on +44 1235 250 140 or visit www.collegiate-ac.com
Record number of UK expats spend their silver years in Spain

Record number of UK expats spend their silver years in Spain

Spain , ,
  • Number of British residents aged 65 or over in Spain has doubled (ONS)
  • 40% of British residents in Spain are retired (ONS)
  • Majority of UK buyers of Spanish homes are 50-65 years old (Taylor Wimpey España)

Data from the Office of National Statistics (ONS) has revealed that Spain is home to more UK expats aged 65 or over than the UK is home to Spanish citizens.

The number of British elderly living in Spain has doubled in a decade having reached now 121,000 and with the majority of UK expats relocating to Spain for retirement, there is a steady increase in British expats receiving their state pension upon Spanish shores.

“When it comes to who is moving and living in Spain, over the last decade we have witnessed the marked growth of those of retirement age choosing to relocate. We now receive more the double the number of enquiries from this demographic than we did 10 years ago, a trend which the ONS data also reflects.  “

Marc Pritchard, Sales & Marketing Manager, Taylor Wimpey España

Concerns about the freeze of state pension post-Brexit have also been wiped out as the government has stated that British pensioners will continue to have their state pension increase. And with Pension Awareness Day fast approaching, interest from British pensioners to relocate in Spain is believed by many not to slow down in the near future with many UK pensioners retire in Spain. In 2016, 40% of the 300,000 British citizens living in Spain were retired, according to ONS figures.

Leading Spanish homebuilder Taylor Wimpey España, which offers a range of second homes on Mallorca, the Costa Blanca and Costa del Sol, has also seen an increase in the number of UK buyers aged 50-65 years old.

“The majority of British buyers we welcome here to Spain are aged 50 – 65 years old; those who are lucky enough to have retired early but more often than not, those thinking ahead and planning for their silver years in the Spanish sun.”

Marc Pritchard, Sales & Marketing Manager, Taylor Wimpey España

 

In Costa del Sol, where half of Taylor Wimpey España‘s clients are from the UK, golf complex development Horizon Golf receives particular interest from older buyers. Located just 30 minutes from Malaga airport, ease of access from the UK is a big draw which the development’s extensive on site amenities including golf courses offer both the amenities and community aspects that buyers looking to relocate for retirement are often seeking.

“In response to demand from UK buyers looking for retirement properties, we are delighted to present our latest residential golf project on the Costa del Sol. Horizon Golf has the perfect environment for retirees as it offers a spa, hotel and golf course all close to the residential areas. We see in FBD Hotel & Resorts a strategic partner and the signing of our fourth collaboration is further evidence of renewed confidence in the real estate market in southern Spain. “

Javier Ballester CEO at Taylor Wimpey Spain

The new Horizon Golf complex is comprised of 2 and 3 bedroom terraced apartments and 3 bed homes which boast breathtaking views over the famous Campo Asia golf course. Price start from £380,000 (410.000€) + VAT.

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

 

4 most popular places to buy a second home in Spain

4 most popular places to buy a second home in Spain

Spain

Spanish tourism continues to break records this year as INE reports that the Iberian nation welcomed over 10.5 million tourists in July 2017 – 10% more than last year’s figures. British visitors were the largest group, accounting for over 2.3 million arrivals during the month.

And as Brits return from their summer holidays to the unpredictable British weather, buying a holiday home in Spain becomes ever more tempting. The Mediterranean lifestyle, great year-round climate and cheap flights – it’s no wonder that over the last decade, Spain has been the most popular location for Brits looking to own property overseas.

For buyers, location is crucial however. Over the summer, Spain’s leading homebuilder Taylor Wimpey Espana has seen particular interest from British buyers in these four favourite spots:

  1. Torrevieja

Visitors have once again been hooked by the charms of Torrevieja, topping the list as the most popular destination for a second home this summer. This town in the southern part of the Costa Blanca, located in the Alicante province, is one of the area’s most favoured destinations with white sandy beaches, affordable holiday homes and Alicante International Airport an easy 45-minute drive away.

 

      2. Marbella

For those looking for the ultimate holiday home in Spain then it must be Marbella, the property hotspot on the Costa del Sol.

A firm favourite with A (to Z-list!) celebrities, sportsmen and women, entrepreneurs, couples and families alike, Marbella, just 40 minutes’ drive from Malaga airport, takes the number 2 spot.

With superb flight connections year round and even more coming (Air Baltic has announced new routes for summer 2018) not to mention luxury penthouses such as La Floresta Sur, from Taylor Wimpey España available from €202,000 + VAT, it’s not hard to see why buyers flock here year after year.

 

      3. Mijas

Many holidaymakers fall in love with this holiday hotspot as they are never far from the sea or a golf course. Situated on the Costa del Sol as it has the perfect setting for capturing the international growing demand for second homes with amenities on hand.

The new Horizon Golf complex typifies the high-end properties buyers can purchase in Mijas. In partnership with FBD Hotels and Resorts, Taylor Wimpey España has unveiled a new phase of this development comprised of 2 and 3 bedroom terraced homes, which boast breathtaking views over the famous Campo Asia golf course. Price start from £380,000 + VAT (410.000€).

 

     4. Calviá 

 

Mallorca is a destination that has grown and grown in popularity over the years as it offers the perfect sunny escape for international holiday makers and home owners alike. The preferred holiday destination of the Spanish Royal Family and the location of numerous A-listers’ second homes, Mallorca is known for its exclusive feel.

 

Mallorca is also home to the Taylor Wimpey España head office and whilst the developer boasts numerous premium sites across the island, it is properties in Calviá, in the south west corner, that have been the most requested this summer.

 

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

 

Why Britons’ hunger for Turkey is returning in 2017

Why Britons’ hunger for Turkey is returning in 2017

Turkey Uncategorized

Britons are helping to drive Turkey’s tourism and resurging foreign property market this year, with the country celebrating a 22 per cent year-on-year hike in the number of foreigners it welcomed in the first seven months of 2017, said Spot Blue International Property in September.

In July alone, the number of foreign tourists visiting Turkey surpassed five million, representing a 46 per cent year-on-year increase, according to the country’s Ministry of Culture and Tourism. Of these tourists, Britons comprised the third largest group (277,955), after Germans (680,616) and Russians (835,525).

Between January and July, Turkey attracted 17.3 million foreign visitors. During this period, the Antalya province was a star performer, recording a 60 per cent rise in tourist numbers, according to Turkey’s Culture and Tourism Minister Numan Kurtulmuş.

“The signs are very encouraging after the downturn last year,” said Julian Walker, director at Spot Blue International Property. “Foreign visitors, but in particular Europeans, are regaining the confidence to visit Turkey. And the Turkish Government remains determined to hit its annual target of receiving 50 million tourists and generating $50 billion through tourism by 2023. ”

In tandem with tourism, Turkey’s foreign property market is seeing an uplift in 2017, according to the most recent statistics from the Turkish Statistical Institute (TÜİK). Sales to foreigners rose 65.3 per cent in July compared to the same month last year, mirroring a hike in sales in Turkey’s domestic market.

TÜİK’s July figures reveal Britons as the fifth largest group of foreign buyers in Turkey, behind the Gulf States of IraqSaudi Arabia and Kuwait, and Russia. Looking closer at the data, Istanbul remains the most popular destination with foreign purchasers, attracting nearly 31 per cent of all sales in July. The southern resort and province of Antalya was the second favourite, followed by the Black Sea province of Trabzon. Elsewhere, the Muğla province, which includes Bodrum and Fethiye, remains a favourite with British buyers.

Antalya’s established resorts on the Mediterranean coastline, which include Antalya city, AlanyaBelekSide and Kalkan, is on course to attract more than 10 million tourists this year. Antalya’s Governor Münir Karaloğlu confirmed that already by mid-August, tourism numbers for the year has reached 6.5 million, which represented a 65 per cent th

rise compared to the same period in 2016.

“Turkey can look forward to further upticks in tourism next year, thanks to efforts to appeal to Chinese visitors,” added Mr Walker. “A joint campaign between the Chinese and Turkish governments aims to attract one million Chinese tourists annually by 2018, a year that China has declared ‘Turkey tourism year’. The two governments have also collaborated to increase flights between the countries. Overall, these are encouraging initiatives that should benefit the country and its property market. And it helps when famous people choose Turkey for their summer holidays, as Boris Johnson, the British Foreign Secretary, and the Saudi royal family did this year.”

 

For more information, call +44 (0) 208 339 6036 or visit https://www.spotblue.com/.

A hot tub on a superyacht? Yes, it’s possible and time to get on board!

A hot tub on a superyacht? Yes, it’s possible and time to get on board!

United Kingdom World
  • Buyers can pick up Lord Sugar’s superyacht, complete with Jacuzzi, for £12.6m
  • “Imagination and budget are the only constraints when it comes to on-board spas” (Aqua Platinum)
  • Pools, hot tubs, swim-up bars, hammams, saunas & balcony showers can all feature on board

 

The glamour and excitement of the Southampton Boat Show is almost upon us. From 15-24 September, some of the world’s finest sea-faring vessels will moor in Southampton for a celebration of all things maritime.

 

The show inspires many attendees to pursue their boating dreams, from the smallest rib up to the most luxurious superyacht. Those looking for something exclusive might be interested to know that they can pick up Lord Sugar’s superyacht, complete with Jacuzzi and accommodation for 12 guests, for a cool £12.6 million.

 

Indeed, it seems that simply owning a superyacht is no longer quite enough – if it doesn’t have an on-board spa, it’s old news, according to luxury swimming pool design and build company Aqua Platinum.

 

“Celebrities and the super-rich are becoming more exacting when it comes to their boating requirements. Pools, hot tubs, saunas, steam rooms, hammams, outdoor balcony showers and water features can all be built into superyacht structures, if they are implemented at the design stage. Those who own luxury yachts are usually after other elements of the luxury lifestyle – and that includes spa facilities. Why limit those to use on dry land?”

 

Dominic Searle, Aqua Platinum

 

Being in the water while on the water is an increasingly sought after experience. According to the Aqua Platinum team, almost anything can be made possible if you apply a little imagination and a sizeable budget.

 

Hot tubs and pools tend to be a maximum of 8-10 metres long on most yachts, due to size restrictions. Counter current units are used to make up for the smaller pool size, providing an outstanding fitness experience.

 

When it comes to hot tubs, much consideration is given to fill and heat-up times during the design phase. Most will need to be emptied prior to sailing to prevent spillage, then rapidly filled and brought up to temperature when the yacht docks. Room also needs to be allowed for plant space, while filtration systems and lighting also require consideration.

 

“Designing pools and hot tubs for luxury yachts certainly presents unique challenges, but that’s part of what makes the process so interesting. There are various technical elements that have to be incorporated, as well as ensuring the facilities are superbly designed and look outstanding. There are some lovely synergies between luxury spa facilities on land and those that can be created on the water.”

 

Dominic Searle, Aqua Platinum

 

 

For those with big budgets, almost anything is possible. The refitted Nomad luxury motor yacht boasts a Jacuzzi spa pool with swim-up bar. The Elixir features a spa pool with panoramic vistas. Legend features a Balinese spa. The superyacht Solandge is home to a chromotherapy spa, complete with sauna, hammam, massage room and beauty salon – plus a generously appointed pool, of course.

 

“If you’ve got the vision and the budget, the sky’s the limit. Superyacht and luxury spa designers can together achieve great things, so why not test their abilities and see just how exciting your on-board wellness facilities can be?”

 

Dominic Searle, Aqua Platinum

 

For more information, call 0203 362 0442 or visit www.aquaplatinumprojects.co.uk.

Image from Dreamstime for illustrative use only.

5 reasons to love living in zone 5

5 reasons to love living in zone 5

United Kingdom

Just like that, summer is over. With September now upon us, many people across London will be looking to move home.

Those looking for more bang for their buck this autumn might do well to head a bit further afield to Zone 5 boroughs such as the London Borough of Hillingdon.

Leading build to rent developer Be Living Ltd has selected Hayes, located within the London Borough of Hillingdon, as the location for their new be:here Hayes development of 119 1, 2 and 3-bedroom homes designed with renters in mind. The development is already proving popular with residents moving from within the local area as well as from elsewhere in London and the Home Counties.

Local resident Akash Sharma, Assistant Property Manager at be:here Hayes, shares his top 5 reasons to love living in zone 5:

 

  1. It’s well connected

Whist zone 5 might sound a long way from central London, existing and planned transport connections make traveling into Central London for work or for play in 30 minutes a reality. The be:here Hayes development is just a three minute walk from Hayes & Harlington station, with fast, frequent trains into London Paddington in 20 minutes.

2019 will see also see Crossrail arrive at Hayes & Harlington, enabling residents to travel direct to Bond Street, in the heart of the West End, in 25 minutes.

On top of all this, Hayes has quick and easy access to the M4 and M25 motorways and Heathrow Airport, making it – like a number of other Zone 5 locations – better connected than many more central neighbourhoods.

  1. More for your money

At be:here Hayes, 1-bedroom apartments start from £1200 pcm (£277pw) and 2-bedrooms from £1450 pcm (£335pw). These rates include free 20mbps broadband internet, an on-site property manager, concierge services and a full-time caretaker to keep the building and communal area in good repair and looking great.

With some units boasting 30 ft private gardens and the rest generous balcony space as well as a communal roof terrace, tenants at this pet-friendly development are getting great value for money.

  1. It’s cleaner and greener

Residents of Zone 5 can enjoy living in one of the cleanest and greenest areas in the UK. The London Borough of Hillingdon is home to more Green Flags than anywhere else in London with new additions for 2017 including Coney Green, The Gravel Pitts, Long Meadow, Cherry Lane Cemetery and Southlands Arts Centre.

 

  1. Things are changing – fast

At last count there were 13 operational cranes visible from the roof terrace at be:here Hayes – a sure indicator of the scale of the transformation underway within the local area.

Next door to be:here Hayes, The Old Vinyl Factory site is the former home of record label EMI and is being transformed by developer U+I into offices, new homes, leisure spaces, restaurants, shops and a cinema, all due to complete by 2020.

 

  1. It has a rich culture and history

Zone 5 takes in a whole host of London towns which have a village atmosphere and a rich culture heritage. Art scenes, historic sites, cultural venues, museums … Zone 5 has the whole package, if you know where to look!

Hayes appeared in the Domesday Book and is home to numerous Grade II listed buildings. Notable residents include ‘the father of English music’ William Byrd author George Orwell, who lived and worked in Hayes in the early 1930s. Music enthusiasts can still enjoy the Beck Theatre, now in its 40th year, which regularly hosts local musicians and stage productions as well as visit the London Motor Museum nearby.

 

For more information about zone 5 living, please contact be:here Hayes on 0203 845 4796 or visit http://www.behere-hayes.co.uk/

 

 

60 second interview: Marc Pritchard of Taylor Wimpey España talks about his great love for Mallorca and its property market

60 second interview: Marc Pritchard of Taylor Wimpey España talks about his great love for Mallorca and its property market

Spain

How long have you been on Mallorca?

I have been living here for 25 years. My very first memories of Mallorca are of a wonderful family holiday I had with my parents back in 1975. It was love at first sight, is all I can say!

 

What made you fall in love with the island?

There are many reasons why I fell for Mallorca; the coastline is truly stunning with amazing 200 beaches, many of which boast Blue Flags, all over the island. I enjoy spending time on Mallorca’s best beaches and doing watersports – windsurfing being my favourite.

But I must admit the passionate Mallorquin people were a key factor in choosing Mallorca as my home.

Mallorca has a special hold on me – it’s where I met my wife, started my career in property, and it’s the place my family and I call home.

 

Who’s currently buying in the island?

At Taylor Wimpey España we sell properties across Mallorca to a wide range of international buyers with the German, British, Swedes and Swiss being the most active, particularly buying townhouses and apartments. As foreign investment is set to break a new record this year according to a recent JLL report, we expect the growth in international buyers to continue at Taylor Wimpey España.

 

What is the average price point and where do investors buy?

It depends on the area but as an average across the island, it’s currently around 415,000€ + VAT (£385,000). Our advantage is the variety and affordability of developments we offer. Bahia San Pere is quite unique on Mallorca having a superb location in the unspoiled north east and selling prices of around 215,000€ + VAT (£200,000) for a brand new, two bed apartment.

On the other hand, there are no new developments available in the hugely popular south west of Mallorca for this price at all. Prices in this area range from around 390,000€ – 940,000€ + VAT (£360,000 – £875,000) for three bed apartments or townhouses.

 

What has been the Taylor Wimpey España’s biggest success so far this year on Mallorca?  

It’s definitely been the sales success on all our current projects that has been the biggest achievement for us on the island so far. It has specifically been the case for the developments Marina Golf and Bahia San Pere. Having been building here for almost six decades, we know the Spanish market inside out. Thus, we are focused on offering only the properties most highly sought after by our clients – quality builds in quality locations.

 

What new development in the pipeline can we look forward to for the rest of this year and 2018?

We are looking to release two new developments on Mallorca this autumn. One on the east coast in Cala D’Or (two bed apartments at very competitive prices) and a further site in the south of the island for three bed detached villas, again at very competitive prices. Further to this there are a number of new sites in the pipeline for 2018.

 

What is your outlook on the Mallorca market in 2018?

Generally, Mallorca has enjoyed a positive 2017 so far. Property is selling steadily and in some regions, very quickly. The increase in land values linked to limited availability might have an impact on house prices but despite that, for 2018, the outlook seems steady as the island will maintain its stronghold as a highly desirable destination.

 

What are your top 3 tips for anyone thinking of buying a home on Mallorca?

First, buy new and from Taylor Wimpey! It’s hassle free with a 10-year guarantee just as you would have in the UK. Then I would advise any buyers to take legal advice to ensure the purchase process is smooth. Finally, it is very important to explore the island first to find out for yourself which area suits you, your family and your needs best.

 

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

 

 

London’s buy-to-let pain has become Manchester’s gain says Jean Liggett

London’s buy-to-let pain has become Manchester’s gain says Jean Liggett

United Kingdom

It’s fair to say that uncertainty has been the order of the day in the UK’s buy-to-let property market at the hands of government for the past year.

2016’s shock Brexit decision followed by a hung parliament this year combined with stamp duty hikes, the removal of mortgage interest relief and imminent introduction of tougher lending criteria for portfolio landlords has created an aura of uncertainty and caution in the buy-to-let market.

The UK’s capital, the ever-shining star of London seems to also be fading with house prices down 0.6% and private rental prices behind the national 12-month growth rate according to the latest ONS data.

So, has the last 12 months permanently dampened the appeal of the UK buy-to-let market? Should buyers be investing their funds elsewhere? Critics are divided.

“The uncertainty that the UK buy-to-let market has experienced over the past year has undeniably impacted investor confidence but it seems to be primarily aimed at London. With interest rates remaining so low, investors still see the merit in purchasing bricks and mortar but those seeking maximum returns in 2017 are increasingly looking at other areas than the Capital. By keeping an eye on regeneration plans and new transport links, it is still possible to find great areas to invest in.”

Jean Liggett, CEO, Properties of the World

Indeed, despite splutters in the London buy-to-let market, buoyant activity is being witnessed in other parts of the UK. Greater Manchester has become a key destination for property investors and thanks to its strong demand from buyers and renters alike, the city continues to register a strong house price growth rate of 6.7%, according to Hometrack.

“As we have seen the capital’s market decline, other UK cities have stepped up and taken its place. London’s buy-to-let pain has become Manchester’s gain!”

Jean Liggett, CEO, Properties of the World

Due to its proximity to both MediaCityUK and Manchester city centre, Salford Quays in particular is leading the way when it comes to buy-to-let growth.

2017 marks 10 years since major transformation began in the area, kick started the BBC’s decision to move many of its jobs from London to Salford Quays. This £650m regeneration project has boosted the area’s credentials for buy-to-let investment and Manchester has ascended to one of the top 10 buy-to-let areas in the UK according to a recent report by LendInvest.

The latest HM Land Registry data paints a positive picture for Salford with a 5.9 % growth in house prices recorded between June 2016 and June 2017. Whilst savvy investors will be watching with glee as news of more A grade office space is being snapped up in Manchester (law firm Freshfields Bruckhaus Deringer is taking space in Salford) indicating a thriving local economy and growing rental housing demand.

Jean Liggett, Founder and CEO of investment agency Properties of the World is convinced of the merits of Manchester with her latest buy-to-let offering to investors launching this week.

Manchester Waters in Salford Quays is comprised of five phases and a total of more than 500 apartments, ranging from studios to three beds. All properties will be furnished to the highest standard, and most will benefit from the spectacular view of the waterfront.

The location of this development is unparalleled, with two Metrolink stops located within a 5-minute walk, residents can reach Manchester’s city centre with ease. Additionally, with Manchester Waters being situated right in the heart of Salford Quays, home to MediaCityUK, it is perfectly placed to house local workers and students attending the nearby university campus. Apartments are available to purchase from just £109,995 for a spacious studio apartment and returns of 6%.

For more information, visit www.propertiesoftheworld.co.uk or call +44 (0)20 7624 5555. 

 

The future of overseas holiday homes: Quality properties, in quality locations, from quality developers

The future of overseas holiday homes: Quality properties, in quality locations, from quality developers

Spain

As the world’s population swells, so too do its number of tourists – in particular to Spain. At current rates of growth, total visitors to Spain – reported to have already reached over 36 million from January to June this year – will be close to twice its population in the coming years.

Take the Spanish island of Mallorca. Whether it’s the Love Island effect or simply the countless charms of this Mediterranean jewel but this summer, its popularity has reached dizzier heights with British arrivals up 17.6% (Jan – May 2017 vs the same period in 2016) reports the Tourism Board.

With an economy so reliant on tourism, this is indeed positive news however with visitor numbers swelling, some are concerned over its sustainability.

It is fantastic to see Mallorca’s popularity continues to flourish, we have certainly received a great number of enquiries from international visitors looking to experience all that this wonderful island has to offer. I do believe however that it is important to ensure that Mallorca remains a sustainable island which is why we are focused on delivering quality homes in quality locations for generations to enjoy.”

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey Espana

Indeed, as the local authorities set out ambitious plans to move away Mallorca from mass market tourism and embrace quality, Taylor Wimpey Espana, established almost 60 years ago on the island, is proudly delivering its high quality homes.

“Whilst it’s easy to say, it’s not so easy to deliver high quality homes which is why we are so proud of our Mallorcan developments. Operational since 1958, Taylor Wimpey Espana has been at the forefront of the island’s property market for almost six decades, securing the very best sites and building the finest homes for our clients. We are Mallorca and we are committed to ensuring a sustainable future for the island we call home.”

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey Espana

One example of Taylor Wimpey Espana’s obsession with quality is the exclusive new development Camp de Mar Beach located in the heart of the well-known Andratx golf course in the fashionable south-west of the island.

The development consists of three bedroom townhouses designed in a Mediterranean style and built to the highest specifications including, air-conditioning, under floor heating throughout the property, fully fitted kitchens with Silestone worktops as well as communal gardens and a large modern swimming pool.

Each townhouse has direct access to the beach and benefits from breathtaking sea views, perfect for a summer of sunshine and relaxation in your own private holiday haven.  Prices start from €650,000 + VAT and the property includes the 10 year NHBC build warranty as is standard on all Taylor Wimpey Espana homes.

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