PBSA demand at all-time high in “structurally undersupplied student market” – Plymouth

PBSA demand at all-time high in “structurally undersupplied student market” – Plymouth

United Kingdom
  • £3.1 billion invested in the UK PBSA market in 2016 (Knight Frank) 
  • Student accommodation from Plymouth University caters for just 12% of student population (Aspen Woolf) 
  • Beds at Beaumont Square priced 30% less than the SW regional average (Aspen Woolf)

 

The most recent data on the UK Student Housing sector has been released by Knight Frank revealing that some £3.1 billion was invested in the UK Purpose Built Student Accommodation (PBSA) market in 2016. More than double the levels seen in 2013 and 2014.

Although the latest figures show that last year’s total spend was lower than the record of £5.1bn seen in 2015, it does demonstrate that interest in PBSA remains strong. And this certainly seems to be the case in the South West as demand for much needed PBSA continues to rise, especially within the city of Plymouth.

According to figures from HESA, experts in UK higher education data and analysis, Plymouth University welcomed 23,155 students in the 2015/16 academic year. Yet, the Complete University Guide notes that there are only 2,800 rooms available for students from Plymouth University itself.

“Plymouth is a structurally undersupplied student market in the UK today with the accommodation available through Plymouth University itself catering for just 12% of its student population. Existing University owned and private HMO stock just cannot keep up with the demand from Plymouth’s thriving higher education sector.” 

Oliver Ramsden, Director of Aspen Woolf 

And, it seems that keeping the city’s student population happy is important to the region’s economy with a recent event held at City College revealing that Plymouth’s student population is worth nearly £8.5 million weekly and over £39 million every month, as they spend a staggering £305 million annually.

Tim Jones, Chairman of the Devon & Cornwall Business Council, said: “the student economy is a valuable and unrecognised sector with lots of opportunities to grow with the right support, and a massive asset to the Plymouth and SW economy.”

And it is just this opportunity that the experts at Aspen Woolf are presenting to their investors through PBSA developments such as the brand new Beaumont Square in Plymouth.

“As Knight Frank indicate in their latest report, PBSA stock availability is an issue for both investors and end-user students which is why we are very excited to be launching Beaumont Square. The 39 self-contained studio apartments are already under construction, with delivery expected by the end of the year.” 

Oliver Ramsden, Director of Aspen Woolf 

Prices for the exclusive studio apartments at Beaumont Square start at just £78,500, 30% cheaper than the average price of a student bed in the South West as revealed by Knight Frank (£112,693). As well as a substantial below market value discount, investors will also enjoy an assured 3-year NET return of 8%.

Located in an idyllic location, Beaumont Square is less than a mile away from Plymouth University, the bustling city centre and the beautiful harbour of this coastal city. Every apartment will be offered fully furnished to prospective student tenants and the building will benefit from high end hotel apartment style finishes. Residents will also be able to enjoy an array of additional facilities including a laundry room, staffed reception area and the security of 24-hour CCTV.

For more information, visit www.aspenwoolf.co.uk or contact Aspen Woolf on +44(0) 203 176 0060.

Buy-to-let makes way for buy-to-NET as April tax changes approach

Buy-to-let makes way for buy-to-NET as April tax changes approach

United Kingdom
  • “Buy cheap and buy smart” to lessen impact of tax changes (Properties of the World)
  • 440,000 landlords could move up a tax bracket in April (National Landlord’s Association)
  • Cash is king when it comes to beating new taxation rules (Properties of the World)

It’s fair to say that buy-to-let investors haven’t had the easiest time of it in recent years. With the government squeezing an increasing amount of tax out of them, the National Landlord’s Association has estimated that some 440,000 landlords will find themselves pushed up a tax bracket next month.

So, will the April tax changes finally ring the death knell for buy-to-let? Not according to industry experts…

“Yes, the taxation landscape for buy-to-let investors is becoming harsher, but there’s still plenty of profit to be made for those looking in the right places. Investors need to focus on buying to NET profits by seeking out developments with strong yields. The right properties can still produce healthy returns. Instead of the death of buy-to-let, we’re seeing the birth of buy-to-NET.”

Jean Liggett, CEO of visionary property investment consultancy Properties of the World

Landlords have already swallowed the 3% stamp duty land tax on second homes that was introduced in April 2016. Now, from April 2017, they’ll see the tax relief from their finance costs phased out, with the percentage of these costs deductible from rental income dropping by 25% per year until it reaches 0% in the 2020 to 2021 financial year.

The restricted finance costs include interest on mortgages, loans, and overdrafts, including borrowing used to buy furnishings, as well as to cover the purchase cost of the property. For those already in possession of one or more buy-to-let properties purchased on finance, the change means a gradual reduction in profitability over the coming four years.

So what can potential landlords do?

“The simple answer is to buy with cash and thus avoid the tax relief deductions entirely. However, that’s not always an ideal solution for some investors. For those still using mortgage or other finance to purchase a buy-to-let property, the best plan is to buy as if it’s 2021.

Calculate the property’s yield based on the end of the phasing in period in order to ensure that it will still be a profitable venture once the tax changes are fully implemented. Work out now whether the changes will push you up a tax bracket and make your investment decision with full knowledge of that fact.”

Jean Liggett, CEO, Properties of the World

There are certainly still plenty of options available to investors looking to avoid being stung by April’s taxation changes. Purchasing lower cost properties that are more achievable as cash purchases is one strategy.

At Victoria House in Liverpool, superb penthouse apartments are available from as little as £68,750. Such a purchase may well prove a better longer-term prospect than opting for an investment of double that value (or more), which would require borrowing.

Opting for a city flagged as a hotspot is another good approach. HSBC has identified Manchester as one of the UK’s top four buy-to-let hotspots, while Jones Lang LaSalle has projected that house prices there will rise by 4.5% per year for the next five years. Such strong figures can serve to offset reductions in tax relief for investors interested in properties there, such as the brand new development at Barrel Yard.

“Really it’s about going back to basics. Buy cheap and buy smart. Don’t be deterred by the spectre of increasing taxation – those who plan carefully should be able to minimise the impact of April’s tax changes and ensure they still buy to net a healthy profit.”

Jean Liggett, CEO, Properties of the World

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

The lights are always on at Collegiate AC

The lights are always on at Collegiate AC

United Kingdom
  • Collegiate AC launch 24/7 concierge service paralleling the very best hotels
  • Concierge teams take grocery deliveries, supply free popcorn and arrange taster sessions from local restaurants
  • “With staff on call when students need them most, the Collegiate 24/7 concierges set us apart from our competitors” (Collegiate AC) 

Heading off to university is a once in a lifetime opportunity and for many students it means living independently for the first time without Mum and Dad on hand to help with those everyday life tasks.Those looking for that ‘helping hand’ and extra level of support can now turn to Collegiate AC accommodation and its brand new 24/7 concierge service.

Committed to ‘superior living’, Collegiate AC sites across the UK boast amazing facilities with extra sparkle and a welcoming and friendly concierge team on hand to make students feel right at home.

The monotonous chore of food shopping is made a lot easier when the concierge team are available 24 hours a day to sign and collect your online ordered food. Not only will the concierge team take delivery but sites such as Nova in Nottingham, Eclipse in Cardiff and Plummer House in Newcastle all feature on-site cold rooms in which the food deliveries are stored until residents can collect them.

The Collegiate concierge teams are also on hand to supply the food and drink needs of student life. With complimentary popcorn – essential to fully enjoying the latest Netflix installation on the large HD projector screen – in the private cinema rooms on site.

The team will arrange private events such as cocktails evenings and taster sessions from the local restaurants, all in the comfort of the development. With state-of-the-art kitchens, private dinner party rooms, luxurious lounges and games booths, there is a deluxe space on-site with an event to match.

“The launch of our 24-hour on-site concierge service will ensure that Collegiate residences feel safe, secure and as homely as possible for those living away from their families. With staff on call when students need them most, the Collegiate 24/7 concierges set us apart from our competitors. When locked out or simply in need of a chat, the team are here to help and are chosen for their kind and thorough nature making Collegiate the place to call home.”

Heriberto Cuanalo, CEO, Collegiate AC

The residence that offer this brand new 5* conscierge service also include Fusion Tower in Bristol, Ernest Place in Durham, Eclipse in Cardiff and Pennine House in Leeds. One of the many Collegiate AC residence featuring the new concierge service is Crown House in Sheffield. The brand new Crown House raises the bar for student accommodation, ushering in a new standard of sophistication never before seen in the UK.

This prime position student property is set in lively West Bar, close to the heart of Sheffield’s urban centre and is a short stroll to both university campuses. It is part of the Prestige Collection that mix prestigious studios with inspired social spaces, Crown House brings more to student life.

From £150 per week, it’s stunning facilities include an on-site private fitness suite, private dinner party room, BBQ and alfresco dining area, private cinema room, gaming booths, flexible lounge area and state-of-the-art study zones. With a 24/7 concierge team and 300mb/s ultra fast Wi-Fi it really is the 21st Century student experience.

For more information, visit www.collegiate-ac.com or contact Collegiate AC on 01235 250 140.

How can agents get the most out of their property portal in 2017?

How can agents get the most out of their property portal in 2017?

Spain

·         62% of people factor in portal usage when selecting an agent (Harris Interactive)

·         Extra effort with images can generate 54% more leads (Kyero.com)

·         55% of visitors spend under 15 seconds on the websites they visit (Chartbeat)

Property portals are big business. Research by Harris Interactive found that 47% of the UK population used a property search website in the year to April 2016. Not only that, but 62% reported that the portals on which an agent advertises would be a factor in their selection of an agent when selling or letting their home.

Clearly, agents who are smart in their use of property portals stand to gain a great deal of business, both from those selling and letting their properties and from those looking to buy. As such, Spanish property portal Kyero.com, which lists more than 200,000 properties each month, has analysed buyer enquiries in depth in order to produce a list of quick wins for agents using property portals in 2017. The site’s newly updated agent dashboard is transparency in action.

Kyero.com’s Head of Research Richard Speigal comments,

“Agents who maximize their use of portals have a lot to gain. That maximization doesn’t have to be time consuming or difficult – usually it just means adjusting a couple of procedures. For a small investment of time, the benefits can be huge.”

Top tips for getting the most out of your property portal from Kyero.com

1.       Presentation is key

According to Chartbeat, 55% of visitors spend under 15 seconds on the websites they visit. That’s not a lot of time for visitors to read detailed property descriptions! It will be a property’s images that initially capture a visitor’s attention, so agents should ensure that corners aren’t cut when it comes to photography. Quite simply, the best looking properties generate the most buyer enquiries. Kyero.com’s research has shown that agents who make the extra effort when it comes to imagery generate 54% more leads. That’s quite a result from paying a little extra attention to a few snaps!

2.       Use data to your advantage

Property portals have access to a vast amount of data – on popular locations, buyer trends, average prices and more. Kyero.com invites all agents who list properties on the portal to use that data freely. Head of Research Richard Speigal explains how this is beginning to change the conversation between vendors and agents,

“Transparent, data-based reporting has had some interesting results in Spain. Many Spanish vendors had a difficult time adjusting to the property crash. They became wedded to unrealistically high prices and this cluttered the market with unsellable property. This left agents with a tough dilemma – if they were too honest on (low) pricing, vendors simply went to other agents who were prepared to give a higher valuation. Alternatively, if they priced too high, they were stuck with a stagnant portfolio they couldn’t sell.

“Being able to quote Kyero.com’s numbers about what was selling, in which areas and at what price, meant that all parties could be better informed. This kept negotiations realistic.”

3.       Make conversation

Feedback from agents is an essential tool for operating a popular and easy-to-use property portal, according to the team at Kyero.com. Agents who want to get the most out of their portal in 2017 should let the portal know if they encounter any snags when listing properties, or have ideas about how things could work faster. No portal wants to make it difficult for agents to list properties, so agents who raise ideas for improvements are valuable to those who run the portal.

 

Kyero.com has incorporated user feedback into its newly launched agent interface. The results have been extremely well received thus far, with agents reacting positively to the changes.

4.       Be clear and concise

Remembering how little time agents have to capture viewers’ interest online, it’s essential to be clear and concise when listing a property’s details. A good approach is to try and include all the headline features in the first two or three sentences of the description. If those features are exciting enough, the visitor may well read on.

As Kyero.com’s Richard Speigal advises,

“If you have a villa that has a spa, a wine cellar or a cinema room, be sure to shout about it early on in the description. Don’t bury it at the end of the copy or you may well have missed your chance to excite the viewer with that piece of information. Remember, too, that writing for the web should always be in short paragraphs and that bullet points are your friend when it comes to online audiences.”

5.       Look at each listing with a buyer’s eyes

Finally, agents are advised to check over their listings with a buyer’s eyes. A surprising number of properties are not listed correctly when it comes to price, amenities, number of bedrooms, property type and so forth. If those details aren’t correct, fewer potential buyers will find that property online. Thus agents need to step into the buyer’s shoes and review their listings critically to ensure that every last detail is perfect.

For further details, visit www.kyero.com.

Tenerife tops the table as Brits can’t get enough of the Canaries

Tenerife tops the table as Brits can’t get enough of the Canaries

Spain
  • Canary Island visitors jump 11.2% in a year (ISTAC)
  • Jet2 and Norwegian announce new Tenerife routes
  • Hidden villages, mountains and pyramids all waiting to be discovered (Cheap Holidays Tenerife)

Newly released figures have revealed a jump of 11.2% in visitor numbers to the Canary Islands in 2016.

The most southerly region of Spain, the Canaries enjoy superb weather year-round, making them a popular destination in all seasons. Now, data from the Instituto Canario de Estadístca (ISTAC), has revealed that the islands’ combination of great weather, stunning beaches and relaxed lifestyle served to attract 14,981,113 visitors in 2016 – 1,679,862 more than the previous year.

Topping the table, with 5.7 million visitors, is Tenerife. With average temperatures ranging from 17°C in winter to 24°C in summer, and between six and ten hours of daily sunshine year-round, the island is something of a haven for families seeking guaranteed sunshine. Even the sea temperature obliges, ranging from an average of 19°C at its coldest (February and March) to 24°C in September and October. according to Holiday Weather.

Part of Tenerife’s attraction lies in its appeal to all ages. From the buzzing commercial scene and nightlife of the capital, Santa Cruz de Tenerife, to the peace and beauty of the volcanic beaches and tranquil golf courses, the island’s mass appeal ensures a steady stream of visitors. In fact, Tenerife has become so popular that it attracted over 1 million more visitors than the second most popular Canary Island in 2016 (Gran Canaria, with 4,223,679 visitors).

ISTAC’s figures also reveal that it is UK travelers whose love for the Canaries burns brightest. More tourists travelled there from the UK in 2016 than from any other country, accounting for 4,892,535 arrivals by air in total. German visitors were the next most populous, at 3,020,296, while Spanish tourists accounted for 1,648,652 arrivals.

“Tenerife is one of those places that can’t help but charm. Many visitors are drawn here by the beaches, and it’s only once they arrive that they realise how much more the island has to offer. Taking a cable car up Mount Teide is an experience not to be missed, as are the Guimar Pyramids and the ‘hidden village’ of Masca. The sea pools in the lava flows at Garachico are also an absolute must. Many visitors find that they are soon yearning to come back, hence the booming tourism figures!”

Jodi Beard, Marketing Director, Cheap-Holidays-Tenerife.com.

Extended flight schedules for summer 2017 indicate that airlines are expecting this year to be another strong one for the Canary Islands. Jet2 has announced additional flights to Tenerife as part of its summer schedule, while Norwegian has just proposed a new short-haul route from Bilbao to Tenerife twice weekly from mid-April.

For more information, please visit www.Cheap-Holidays-Tenerife.com or call Cheap Holidays Tenerife today on 0800 0124 300.

Notes to the Editors

 

Cheap-Holidays-Tenerife.com offers flights from UK airports, and accommodation in the popular tourist resorts of Costa Adeje, Los Cristianos and Playa de las Americas in south Tenerife. Their team scours the web for the most competitive holiday prices on the market… and then beat them*!

The UK and Tenerife-based call centres are staffed by British advisors, all of whom are dedicated specialists in Tenerife holidays. What’s more, their Tenerife-based advisors have lived on the island itself for an average of ten years, which means they have the ultimate first-hand knowledge to offer great advice to travelers!

Now for the serious bit: The discounts available via Cheap-Holidays-Tenerife.com are subject to qualification criteria relating to the traveller(s). Please be sure to read this criteria, which can be found in point 4 of the Terms and Conditions. A holiday consultant will then contact you to arrange a Personal Orientation Meeting during your stay, which will involve showing you how to receive similar discounts on all future holidays (not just to Tenerife).

Of course, no customer travelling with Cheap-Holidays-Tenerife.com is under any obligation whatsoever to accept or to buy any holidays or offers during their Promotional Holiday to Tenerife with Cheap-Holidays-Tenerife.com. However, to qualify for the discounted prices, you’ll still have to meet the qualification criteria mentioned above.

All bookings are subject to availability, and are specific to hotels and/or apartments in these areas of Tenerife.

*subject to Terms and Conditions

Passenger numbers go sky high as Spanish airports enjoy best year in history

Passenger numbers go sky high as Spanish airports enjoy best year in history

Spain
  • 161.7 million international travellers and 67.5 million domestic passengers passed through Spanish airports in 2016 (Aena)
  • Alicante-Elche airport enjoyed a historical 2016 with 12.3 million passengers (Aena)
  • Spain welcomed record 75.6 million foreign tourists in 2016 (INE)
  • Taylor Wimpey España’s La Recoleta III and Panorama Mar new developments are ideally located on the beachfront and close to the record breaking Alicante International Airport

Spain enjoyed a record breaking 2016 when it came to the number of travellers visiting the country by air according to the latest figures from Aena, the state trading company which manages Spanish airports.

161.7 million International travellers passed through Spanish airports last year, confirming its global reputation for connectivity with 67.5 million domestic passengers also travelling during the same period. In particular, Alicante-Elche airport in the popular south-east of the country recorded a historic high in 2016, handling 12.3 million passengers, an increase of 1.7 million passengers in a single year. Interestingly, almost half (42%) of the passengers through Alicante-Elche were from the UK, indicating that the pull for British tourists to the Costa Blanca remains strong.

And even in the face of Brexit, the outlook remains bright with budget airline Jet2 announcing that between April and November this year, they will increase flights by 40% from 9 destinations in the UK including London-Stansted, Edinburgh and Leeds to Alicante-Elche airport, reaching a peak of 93 flights per week in high season.

Marc Pritchard, Sales and Marketing Director for Taylor Wimpey España, the renowned housebuilder which has operated successfully in Spain since 1958, has observed first-hand the rising numbers of both flights and passengers entering Spain by air over the last year.

“Living here in Spain and travelling frequently myself both for work and pleasure, you can just see that the airports are busier. More flights, especially from the UK and Northern Europe, bigger aircraft and higher passenger numbers are being witnessed which, in my opinion, is a very positive indicator of the health of the country’s tourism sector.

“Not only did the airports enjoy a record 2016 but Spain overall welcomed the most foreign tourists ever last year, some 75.6 million according to the latest INE data which is an impressive 10.3% increase year on year and we look forward to welcoming even more in 2017.”

Inextricably linked to accessibility and tourism, Spain’s holiday home sector is also optimistic for another good year in 2017. As Marc Pritchard explains,

“As we reported last month, the Spanish market during 2016 was positive for us here at Taylor Wimpey España with an order book increase of 8.5% and completions up 21% on 2015 figures. The latest airport and tourism figures, combined with sentiment here on the ground means that our outlook for 2017 is positive, especially for the Costa Blanca, despite wider macroeconomic uncertainty created by the EU referendum result.”

Taylor Wimpey España are committed to an optimistic 2017 and are therefore launching new developments; Panorama Mar and La Recoleta III.

Property buyers wishing to soak up the sun in the fantastic region of Alicante then look no further than La Recoleta III. This site is near the beachfront with access to the sea and beach just a few metres away, with the Costa Blanca, famed for its fabulous white sandy beaches.

La Recoleta’s Mediterranean style buildings, wide avenues leading down to the sea, immaculate garden areas and well-run services make this a perfect place to relax and enjoy the fantastic climate all year around.

With prices starting from just €194,000 +VAT, the 2 or 3 bed apartments have a well-designed layout, each with a private terrace. Enjoy beautiful views over the sea, the pool and private gardens of the development. The unique penthouses include solariums and outstanding views and to top it off, Alicante’s International airport is just a one hour drive.

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

With prices starting from just €234,000 +VAT, every resident is granted direct access to the beach promenade. Alicante’s International Airport is just 45 minutes away and Punta Prima is also blessed with excellent transport links.

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 +34 971 706 972.

Follow Cupid’s arrow to star-studded Mallorca this Valentine’s Day

Follow Cupid’s arrow to star-studded Mallorca this Valentine’s Day

Spain
  • Mallorca welcomes a wealth of famous faces from James Blunt to the Beckhams
  • “Mallorca has a special hold on me as the place where I met my wife and where my family and I call home” (Marc Pritchard, Taylor Wimpey España)
  • Follow in the sandy footprints of today’s elite with Taylor Wimpey España array of properties to fall in love with on Mallorca

The Balearic island of Mallorca has attracted the world’s rich and famous for centuries. Its picture postcard scenery has become a sublime setting of both inspiration and relaxation for those in the spotlight, emerging as the perfect romantic getaway destination.

Spain’s most international tennis player, Rafal Nadal often returns home to Mallorca to relax with girlfriend Xisca; look out for his silhouette sailing around the island which also hosted the popular ITV show, Love Island and the hit BBC drama, The Night Manager.

Singer-songwriter James Blunt not only celebrated his wedding on Mallorca but continues to be a frequent visitor to the island with his wife, Sofia. They wanted to show their affection for the island by making sure that their big day gave back, buying the bridal gown from Mallorquin designer Rosa Esteva and using Palma based event planners to organise the celebration.

The Beckhams are the most recent celebrity couple to fall in love with the island and they know how to celebrate their love for one another in style. The luxurious setting of Mallorca is where the world’s power couple now enjoy time away from their star-studded lifestyle.

It is clear that Mallorca is the top destination for a romantic getaway and Marc Pritchard, Sales and Marketing Director, for leading Spanish homebuilder Taylor Wimpey España, agrees as he himself fell in love with the island when he first visited on a family holiday in 1975.

He comments, “Having visited a great number of Spanish destinations, 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.

“There are many reasons why Mallorca has a unique and romantic feel; the coastline is truly stunning with an amazing 200 beaches, many of which boast Blue Flags, all over the island. It is also an absolute paradise for nature lovers, my favourite is the Tramuntana mountains. Nothing beats taking my motorbike up through the winding mountain roads to enjoy the most breath-taking views and see the local wildlife at the weekend.

“Mallorca is an island full of life; the capital Palma plays host to half of the island’s population offering style, sophistication and a buzzing nightlife. The Mallorquin people are passionate and I have no doubt that the island will steal your heart just as its stolen mine.”

For those ready to follow in the sandy footprints of today’s elite, leading Spanish homebuilder, Taylor Wimpey España offer an array of properties perfect for an A-list romantic retreat. The Marina Golf complex is less than 30 minutes from the capital Palma and is located next to the celebrated Santa Ponsa III Golf Club.

This new Mediterranean style village has spacious townhouses with private terraces, gardens and allocated parking spaces. In the communal area there is a swimming pool for the exclusive use of owners, surrounded by a solarium with views over the golf course and a large communal garden.

Prices start from just €600,000 +VAT and every townhouse has 3 bedrooms and 3 bathrooms, with air conditioning, under floor heating in the bathrooms, double-glazing, a security door, TV aerial and satellite dish. In order to ensure the maximum amount of light the properties are southwest facing and have several terrace areas so the sun can be enjoyed for most of the day.

Santa Ponsa is surrounded by some of the top golf clubs on the island including Golf Santa Ponsa I, II and III. It is also near the coast, in an area dotted with beautiful coves and beaches and some of the island’s most exclusive marinas such as the Puerto Adriano. Designed by Philippe Starck and just 1.5 km away, Puerto Adriano has a wide variety of elegant bars and restaurants ideal for that much needed date night.

For those with a more modest budget, Taylor Wimpey España’s most recent development is the gorgeous Bahia Sant Pere. The development is situated in the traditional north east coastal village of Colonia de Sant Pere, perfect for those wanting a more rural escape.

Less than an hour from Palma’s international airport and only a short distance from the local fishing port and Mallorca’s golden coastline. From just €215,000 +VAT all apartments have two bathrooms, an open-plan kitchen with breakfast bar and the use of a private parking space. Each resident will have access to the development’s two swimming pools and luscious communal gardens.

Known for its outstanding natural beauty, the village of Colonia de Sant Pere allows visitors to experience the more rustic side of Mallorca, being the perfect location to enjoy both the stunning landscape of the mountains of the Peninsula de LLevant Natural Park and the beautiful coast with the white sandy beach of Sa Canova.

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

Brits look to Spain to bag a bargain holiday home in 2017

Brits look to Spain to bag a bargain holiday home in 2017

Spain
  • 37% of Brits currently regretting their Christmas spending (Nationwide)
  • Bargain hunting particularly important to second home buyers in the New Year (Kyero.com)
  • Playa del Ingles and Almeria named top destinations for making a saving (Kyero.com)

According to Nationwide, 37% of Brits will currently be regretting the amount they have spent over Christmas, while 19% will still be paying off their festive spending in March. Across Europe, Christmas spending was projected to hit £77.56 billion in 2016, based on research by the Centre for Retail Research and RetailMeNot. Meanwhile, while in the US, Deloitte’s 2016 Holiday Survey predicted that spending would pass the $1 trillion mark.

Whatever the total cost of the holiday season, the early months of the New Year are certainly a time when bargain hunting becomes a priority for many. Whether it’s the weekly shop or something altogether larger – such as a holiday home overseas – achieving value for money in January and February is a serious business.

Richard Speigal, Head of Research at Spanish property portal Kyero.com, comments,

“Clearly, everyone who buys a second home wants that property to be good value, but at the start of the year we see a particular emphasis on bargain hunting. Buyers are looking for properties that offer something exceptional for the money. Price reductions, even small ones, can make for quick sales at this time of year, as buyers are keen to snap up homes that mean they can make a saving while still achieving their dream of owning abroad.”

Those looking for a bargain holiday home would do well to make use of Kyero.com’s extensive data on market trends to scour Spain for the best areas to pick up under-valued property. The portal offers a dedicated data site to enable this (data.kyero.com) and also regularly reviews their latest search data for the most up and coming areas and those places where prices are lagging behind the national average.

Right now, Playa del Ingles in Gran Canaria is the place to buy for those looking for an up and coming area. Enquiries for properties in the Canary Islands always rise in the winter months, but 2017 has seen Playa del Ingles knock Torrevieja off the top spot of Kyero.com’s trending locations list for the first time ever.

The average property price in Playa del Ingles is €165,000, against €249,000 nationally, making it ideal for bargain hunters looking for all the benefits of Spanish property ownership but without the usual price tag.

For buyers looking for an area lagging behind the rest of the market, Almeria province is an excellent choice. Prices there are currently averaging €129,000 – nearly half the national average.

Despite a spike in sales since the Brexit vote, prices in Almeria have yet to catch up to those in the rest of Spain, creating excellent potential for future capital gains. Mojacar (average property price €165,000), Albox (€126,000) and Palomares (€84,000) are the three top spots, according to Kyero.com’s data.

Of course, discounted properties can be found in many areas of Spain, by those who know where to look. This spacious, three-bedroom frontline beach penthouse in Estepona has been reduced by a staggering €250,000, to €999,000.

Buyers looking for something more traditional can enjoy a €20,000 discount on this five-bedroom cortijo with private pool and terraces, now just €130,000. Meanwhile golfers can take advantage of the €40,000 discount on this three-bedroom villa near La Marquesa, now priced at €159,000.

“Spain offers something for everyone when it comes to bargain hunting,” concludes Kyero.com’s Richard Speigal. “There are plenty of price reductions available to buyers right now and some fantastic areas that offer excellent potential. It’s a buyer’s market for Brits looking to pick up a bargain holiday home.”

For further details, visit www.kyero.com.

Half-term holiday hotspot for the whole family – minus the eye-watering price tag!

Half-term holiday hotspot for the whole family – minus the eye-watering price tag!

Spain
  • London to Tenerife flight costs up by 581% for half-term (FairFX)
  • Average holidaymaker can save £146 by booking accommodation through Cheap-Holidays-Tenerife.com
  • Stunning beaches and family-friendly restaurants all perfect for those on a budget

 

Recent figures from FairFX have shown that return flights from London Gatwick to holiday hotspot Tenerife during half-term are 581% more expensive than they would be two weeks earlier, at £293 during half-term versus £42 beforehand.

However, with some savvy choices around accommodation, restaurants and other activities, families don’t need to rule out their break in the Tenerife sunshine just yet.

Jodi Beard, Marketing Director of holiday planning specialists Cheap-Holidays-Tenerife.com, is an expert in enabling families to enjoy the popular southern part of the island without the eye-watering price tags. She explains,

“Tenerife is an incredibly beautiful island, which offers plenty of activities for the whole family. Just because flight prices go up during half-term week you shouldn’t rule it out as a destination. Families who think ahead about where to dine and which activities they want to participate in can often make significant savings, as well as getting a more authentic Tenerife experience.”

Jodi thoroughly recommends exploring further afield as one way to keep costs down. Resort shops, bars and restaurants can be pricey and there are some superb venues just waiting to be discovered by those who care to look.

Authentic restaurant Rincon del Pollo de Adeje in Los Cristianos is a great choice for a family visit and certainly won’t break the bank. The Safari Centre at Playa de las Americas is also a good bet for those with little ones in tow.

The traditional tapas and seafood restaurants in La Caleta are well worth a visit and are a great choice for couples and those with older children who are looking to enjoy a tapas tour on a budget that lasts well into the evening.

When it comes to entertainment, Carnival St Cruz in February is a lively event that the whole family can enjoy, with music and laughter high on the agenda. The event spans several weeks, from late January to late February, with tickets to different days costing different amounts. Families on a budget will be pleased to learn that ticket prices for some events cost as little as €1.

Tenerife is of course famous for its watersports, with parascending a particularly popular option in recent years. However, the miles of stunning coastline also offer some excellent swimming conditions, meaning that visitors need little more than a bathing suit and a bottle of sun-cream in order to enjoy themselves thoroughly.

Fañabe, Las Vistas and La Teresitas are the beaches that the Cheap-Holidays-Tenerife.com team particularly recommends. Other essential spots to visit include Puerto de la Cruz, Mount Teide and Los Gigantes, all of which can be enjoyed on a shoestring.

For shoppers, the markets at Fañabe on Saturdays and Thursdays, and at Los Cristianos on Sundays, are a lovely way to explore the tastes of Tenerife without handing over too many euros.

When it comes to accommodation, Cheap-Holidays-Tenerife.com has some excellent options available, with holidaymakers able to choose anything from self-catering to half board, depending on their whims and budgets.

The company promises to beat the price of any other genuine accommodation-only seven-night holiday by a minimum of £100, with the average customer saving £146 – perfect for families facing costly half-term flight prices.

One final tip for those looking to enjoy Tenerife without breaking the bank is to book items such as car hire and airport transfers through a company like JiveHippo.travel, which offers great travel experiences at discounted rates. Those kind of savings quickly add up and can make all the difference when it comes to having spending money left over for the holiday. To get the best possible prices become a Jive Hippo Member, visit www.JiveHippo.club for more information on how.

“Tenerife doesn’t have to cost the earth,” concludes Cheap-Holiday-Tenerife’s Jodi Beard. “If you’re on a budget and in need of some winter sun this half-term, a little careful planning can go a long way towards getting you the holiday you deserve!”

For more information, please visit www.Cheap-Holidays-Tenerife.com  or call Cheap Holidays Tenerife today on 0800 0124 300.

Notes to the Editors

Cheap-Holidays-Tenerife.com offers flights from UK airports, and accommodation in the popular tourist resorts of Costa Adeje, Los Cristianos and Playa de las Americas in south Tenerife. Their team scours the web for the most competitive holiday prices on the market… and then beat them*!

The UK and Tenerife-based call centres are staffed by British advisors, all of whom are dedicated specialists in Tenerife holidays. What’s more, their Tenerife-based advisors have lived on the island itself for an average of ten years, which means they have the ultimate first-hand knowledge to offer great advice to travellers!

Now for the serious bit: The discounts available via Cheap-Holidays-Tenerife.com are subject to qualification criteria relating to the traveller(s). Please be sure to read this criteria, which can be found in point 4 of the Terms and Conditions. A holiday consultant will then contact you to arrange a Personal Orientation Meeting during your stay, which will involve showing you how to receive similar discounts on all future holidays (not just to Tenerife).

Of course, no customer travelling with Cheap-Holidays-Tenerife.com is under any obligation whatsoever to accept or to buy any holidays or offers during their Promotional Holiday to Tenerife with Cheap-Holidays-Tenerife.com. However, to qualify for the discounted prices, you’ll still have to meet the qualification criteria mentioned above.

All bookings are subject to availability, and are specific to hotels and/or apartments in these areas of Tenerife.

*subject to Terms and Conditions

Sun shines on the Costa Blanca as property sales soar 91% in 2016

Sun shines on the Costa Blanca as property sales soar 91% in 2016

Spain
  • British buyers increase by 60% on the Costa Blanca in just 12 months (Taylor Wimpey España)
  • Spanish buyers grow by 260% as demand for property on the Costa Blanca soars (Taylor Wimpey España)
  • “We are delighted to present Arenal Dream after the success of its neighbouring development, Jardín del Mar, which has now completely sold out” (Taylor Wimpey España)

Taylor Wimpey España has confirmed an encouraging trend within the Spanish property market’s recovery with the leading homebuilder seeing sales on the Costa Blanca rise by a significant 91% last year.

Positive news for the expat community was also reported with sales to British buyers increasing by 60% in comparison to 2015, however, it is domestic buyers that are leading the charge towards the Costa Blanca.

Property transactions by Spanish buyers have grown by an incredible 260% during the last 12 months on the Costa Blanca as they reignite their love for Spain’s white coast.

This excitement surrounding the Costa Blanca property market has definitely driven demand for property in the area and Marc Pritchard, Sales and Marketing Director for Taylor Wimpey España, believes this trend is set to continue throughout 2017. He explains,

“As both domestic and overseas buyers return to the Spanish market, the Costa Blanca is once again emerging as the firm favourite. It’s sought after sunshine, chiseled coastline and laidback lifestyle has granted the region a new lease of life and second home buyers are showing a real desire to be a part of it.

“In response to buyer demand, we are delighted to be presenting our new development, Arenal Dream, to the market. Especially after the success of its neighbouring development, Jardín del Mar, which has now completely sold out in less than a year.”

Situated only 300 metres from the beach of El Arenal, awarded with a Blue Flag and one of the best beaches in the Valencian Community, the stunning development consists of 47 properties, comprised of 2 and 3 bedroom apartments. Luxurious communal areas include a swimming pool and luscious gardens creating a beautiful environment in which to relax.

With prices starting from just €220,000+VAT, all residents can enjoy the spacious terraces integrated as part of the living room which benefit from natural light through large French windows. Each property includes an underground parking space and ground floor apartments also offer private gardens to the front and rear. It is a privileged location with many services within walking distance such as leisure amenities, restaurants, banks and supermarkets.

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