Taylor Wimpey España reports double digit growth as buyers rush back to Spain

Taylor Wimpey España reports double digit growth as buyers rush back to Spain

  • Web visits, leads and sales all experiencing double digit growth as demand booms
  • Costa del Sol sales up 59% year-to-date
  • New launches – such as Marbella Lake – proving popular with international buyers

As pandemic-related restrictions continue to ease, Taylor Wimpey España has reported a surge in demand for Spanish second homes, with web visits, leads and sales all enjoying double digit growth in June. The leading Spanish home builder’s experience is being reflected across the market more broadly, as well. Q1 2021 figures from Spain’s Colegio de Registradores show a 23.42% surge in the purchase of new build homes, along with an increase of 11.08% in previously owned property sales. Prices are up too, by 4.83%.

Spain is, without question, back in business. We saw demand building gradually earlier in the year, but buyers are now back en masse and seeking the ideal sun-kissed retreat after what has been an exceptionally tough year for everyone. We’re seeing sales ramping up across the board, with Mallorca and the Costa del Sol in particular proving popular right now.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Currently on the UK government’s green list for travel, Mallorca is welcoming a surge in holiday makers and second home buyers. Jet2 reported a 3,000% increase in bookings for the Balearics for July, while a British buyer has already snapped up the first property at Taylor Wimpey España’s just-launched Es Llaut, on Mallorca’s north-eastern coast.

The Costa del Sol is also extremely busy, with Taylor Wimpey España reporting a 59% increase in year-to-date sales there in June. Buyers of 15 different nationalities have purchased property there through the company so far this year, with Belgian buyers leading the charge and Britons in second place.

It is perfect timing then, for details of the brand new Marbella Lake development to be revealed. Just 5 kilometres from Puerto Banús, in Nueva Andalucía at the heart of Marbella’s Golf Valley, the residential complex will deliver 98 apartments. Spread across several three-storey buildings, the homes will be set within beautifully landscaped gardens, with four communal pools on site.

“It’s exciting to have such a lovely new development to launch just as the market is booming in the Costa del Sol. We have plenty of potential buyers looking for homes that offer a sense of escape and peace, which is precisely what Marbella Lake provides in such abundance. We’ve designed the development so that each home can benefit from impressive panoramic views, as well as generously sized terraces and living spaces, for the ultimate relaxing escape.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The lakeside homes are located on the banks of the Viejo del Angel reservoir. The hilltop position provides panoramic views of the reservoir, the Marbella coastline and the golf courses at Los Naranjos, Las Brisas and Aloha. Buyers can choose between two- and three-bedroom apartments, penthouses and duplexes, with prices starting from €285,000 plus VAT.

Marbella Lake’s communal areas have been inspired by the “Boho Chic” and “Country Chic” aesthetic concepts. Natural materials and colours combine to blend into the local scenery in a balanced way, adding to the development’s sense of relaxation and harmony with its peaceful surroundings. Sustainability also features heavily, with solar-powered hot water, pre-installation for electric cars and LED lighting all contributing to the development’s energy rating of B.

As well as the delights of Puerto Banus, the Marbella Lake development, which has a total investment value of €35.5 million, provides easy access to Marbella’s best beaches and restaurants, making it ideal for holidaymakers who want to get the best out of their time away. The presence of the nearby Aloha College international school also provides plenty of potential for those looking to make a longer-term move.

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