Spain destined to feel the heat this year, as second home buyers swoop in on prime locations as prices bottom out

Spain destined to feel the heat this year, as second home buyers swoop in on prime locations as prices bottom out

It´s that time of year again: the return to normal life after a long Christmas break filled with festive madness. The days may be short, grey and cold but there´s no better time of year to plan your escape to sunnier climes.

  • 57.6 million international tourists arrived in Spain from Jan – Nov 2013(Spanish Ministry of Industry)
  • Foreign investors injected over 45 Euros into Spanish economy from Jan-Oct 2013 (Bank of Spain)
  • Taylor Wimpey España predict a strong start to 2014 as foreign investors boost confidence
According to the Spanish Ministry of Industry, from January to the end of November 57.6 million international tourists had arrived Spain, totalling a 5% increase over the same period in 2012 with many making their stay more permanent.
Indeed, data recently published by the Bank of Spain revealed foreign investors added over 45 million euros into the Spanish economy in the first ten months of 2013, showing strong interest in Spain despite the turbulent couple of years the country has recently faced and promoting confidence once again.
Marc Pritchard, Sales and Marketing Director for leading Spanish house builder, Taylor Wimpey Espana comments,
“For the past 50 years, we at Taylor Wimpey España have primarily been selling high quality second homes across Spain to buyers from across the globe to find the perfect place in the sun. It’s no wonder  the Costa Blanca and Costa del Sol are extremely popular, boasting miles of white sandy beaches, great climate and cuisine not to mention prices in both areas starting to bottom out, I truly believe the Spanish property market in prime locations is on track for a great 2014.
“In terms of location, by far the most popular for our buyers is the Costa del Sol. Known globally as a European hotspot for glitz and glamour, it’s still the place to be seen for many and has become a real magnate for savvy Middle Eastern and Russian investors, hoping to take full advantage of the golden visa law set to be imposed this year.”
“Another hotspot for 2014 is definitely Mallorca where, after having very successfully launched 4 new developments, Taylor Wimpey España will launch another 2 new projects early this year. The Costa Blanca is booming too and we are in the process of finalizing another major new development. With several options pending on the Costa del Sol too, the biggest problem across all 3 regions we currently operate in is finding good plots to start developing, as we are running short!”
Notably, in leading Spanish property portal Kyero.com’s enquiry report for Q4 2013 foreign buyers continue to look for bargain properties, focusing their property searches in Spain’s best-known areas, citing Alicante and the Costa Blanca to be the most attractive province for foreign buyers accounting for 31% of all enquiries generated, with Malaga province following in second, attracting almost 14% of enquiries and it’s easy to see why.
So for those property hunters looking for high quality at affordable prices why not take a look at what Taylor Wimpey España has to offer.
The brand new La Vila Paradís apartments, enjoy a stunning location in Villajoyosa, on the beachfront with direct access to Paraíso beach. The complex has a pool, private parking and communal gardens.
These apartments have 2 or 3 bedrooms and 2 bathrooms and boast wonderful views over the Paraíso Beach, the sea, the pool and private gardens of the development. The ground floor properties also have gardens for those all-important barbeques and entertaining outdoors, all from just €259,500
For more information please contact Taylor Wimpey España today on 08000 121 020 or visit  www.taylorwimpeyspain.com for more information. If you reside outside of the UK you will need to call +34 971 70 69 72.