Swedish buyers heads for sunny southern Spain as the market heats up

Swedish buyers heads for sunny southern Spain as the market heats up

  • Swedes in top 3 foreign purchasers in Spain (Taylor Wimpey España)
  • Number of Swedish buyers up 31% in the last year (Taylor Wimpey España)
  • Almost half of all Swedish buyers choose the Costa del Sol (Taylor Wimpey España)

Swedish buyers looking to Spain as a second home destination have increased by just under a third; they are amongst the top 3 nationalities of foreign purchasers according to the latest data from leading Spanish homebuilder Taylor Wimpey España.

Total year to date sales by Swedish nationals, as of April 2017, are up by 31% and now account for 16% of all purchases made.

Loose monetary conditions, rising wages and general optimism in the economy have fueled prosperity in the Swedish economy with SEB (Skandinaviska Enskilda Banken A/B) forecasting growth of 3.1% this year and 2.6% in 2018.

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España, which has operated successfully in Spain since 1958, has observed firsthand the rise in demand from Swedish buyers.

Marc and his team now translate all property brochures and contracts in Swedish as a matter of course and for the last 3 years have a Swedish version of Taylor Wimpey España website to meet demand.

 

“The past twelve months have seen a real boost in sales to North Europeans, especially Swedish buyers. The regular, direct, low cost flights from Sweden and neighbouring countries to the Costa del Sol on Spain’s southern coast has made it a hotspot for buyers in 2017.

“Almost half of all Swedish buyers are choosing the Costa del Sol with the new ‘Acqua’ development being very high demand. A major pull of this development is its perfect location for a perfectly competitive price. The new homes are strategically situated very close to the well-known harbour of Puerto Banus and just a few minutes away from the beaches of Nueva Alcantara de Marbella. Swedish buyers are excited to live the high life without the high price tag.”

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España

 

Another aspect of Acqua’s appeal is it’s community vibe with 130 homes set across 4 buildings, each of 4 storeys. As the name suggests, Acqua has its own residents’ swimming pool with each 3 bedroom, 2 bathroom home boasting ample space for families and lots of natural light.

With prices starting from just €265,000 +VAT, the modern homes are just a 4 minute walk from Alcantara beach and seafront promenade. It is just 5 minutes from the harbour of Puerto Banus and has great transport links to enjoy the best in leisure and entertainment, not to mention the best golf courses on the Costa del Sol. Only 40 minutes’ drive from Malaga airport it couldn’t be situated in a much better location.

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.