Taylor Wimpey España reveals new sea front development as Spanish market set to sizzle this summer

Taylor Wimpey España reveals new sea front development as Spanish market set to sizzle this summer

  • 20% increase in the number of Spanish property transactions in 2016 compared with previous year (CBRE)
  • Average property prices in Spain will increase by 5.9% on average this year (CBRE)
  • Taylor Wimpey España launches new frontline development on the Costa Blanca

With summer on the not so distant horizon, thoughts turn to the much needed glimpse of sunshine, and that dream holiday home. The most recent CBRE report suggests that this year’s destination of choice is most definitely Spain, with projections for 2016 showing that there will be a substantial 20% increase in property transactions in comparison to last year’s figures.

According to this latest report, real estate experts CBRE also forecast that the average property price in Spain will rise by 5.9% on average this year, peaking at an incredible 6.3% growth in the third quarter. With prices set to increase so dramatically over the course of just 12 months, Spain’s already appealing housing market is becoming even more so, causing an influx of both new and renewed demand for property.

Answering this growing demand within Spain’s affluent market, leading Spanish homebuilder, Taylor Wimpey España have just revealed details of their newest frontline development, Panorama Mar, situated on the Punta Prima beach. Taylor Wimpey España are confident in the growing success of the Spanish property market and expect that this year will see a continuation of this current positive trajectory. Marc Pritchard, Sales and Marketing Director, explains,

“This newest report confirms our confidence in Spain’s real estate market and we believe that this growing interest in Spanish property will thrive throughout 2016. The start of the year has been incredibly encouraging and the positivity surrounding the market is attracting a wide range of international buyers. We are delighted to announce the launch of our latest project and I look forward to speaking with prospective buyers.”

New sea front developments in Spain have always been in high demand and are a rare find in today’s market. Taylor Wimpey España are excited to present this new development complete with sea views and believe it will prove extremely popular with British, other European and indeed other global buyers looking for their own Spanish sea view.

Panorama Mar, Taylor Wimpey Espana’s newest sea front development is situated on Punta Prima Beach close to the beautiful town of Torrevieja. A Joint Venture project with Grupo Gomendio, 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 and storeroom. 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 €223,000, every resident will be able to use the three communal swimming pools and Jacuzzi facility, as well as being granted direct access to the beach promenade. Whilst being an area of natural beauty right on the waterfront, Punta Prima is also blessed with excellent transport links. The San Javier Airport in Murcia is only a 30 minute drive and Alicante’s International Airport is just 45 minutes away.

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.