The future of overseas holiday homes: Quality properties, in quality locations, from quality developers

The future of overseas holiday homes: Quality properties, in quality locations, from quality developers

Spain

As the world’s population swells, so too do its number of tourists – in particular to Spain. At current rates of growth, total visitors to Spain – reported to have already reached over 36 million from January to June this year – will be close to twice its population in the coming years.

Take the Spanish island of Mallorca. Whether it’s the Love Island effect or simply the countless charms of this Mediterranean jewel but this summer, its popularity has reached dizzier heights with British arrivals up 17.6% (Jan – May 2017 vs the same period in 2016) reports the Tourism Board.

With an economy so reliant on tourism, this is indeed positive news however with visitor numbers swelling, some are concerned over its sustainability.

It is fantastic to see Mallorca’s popularity continues to flourish, we have certainly received a great number of enquiries from international visitors looking to experience all that this wonderful island has to offer. I do believe however that it is important to ensure that Mallorca remains a sustainable island which is why we are focused on delivering quality homes in quality locations for generations to enjoy.”

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey Espana

Indeed, as the local authorities set out ambitious plans to move away Mallorca from mass market tourism and embrace quality, Taylor Wimpey Espana, established almost 60 years ago on the island, is proudly delivering its high quality homes.

“Whilst it’s easy to say, it’s not so easy to deliver high quality homes which is why we are so proud of our Mallorcan developments. Operational since 1958, Taylor Wimpey Espana has been at the forefront of the island’s property market for almost six decades, securing the very best sites and building the finest homes for our clients. We are Mallorca and we are committed to ensuring a sustainable future for the island we call home.”

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey Espana

One example of Taylor Wimpey Espana’s obsession with quality is the exclusive new development Camp de Mar Beach located in the heart of the well-known Andratx golf course in the fashionable south-west of the island.

The development consists of three bedroom townhouses designed in a Mediterranean style and built to the highest specifications including, air-conditioning, under floor heating throughout the property, fully fitted kitchens with Silestone worktops as well as communal gardens and a large modern swimming pool.

Each townhouse has direct access to the beach and benefits from breathtaking sea views, perfect for a summer of sunshine and relaxation in your own private holiday haven.  Prices start from €650,000 + VAT and the property includes the 10 year NHBC build warranty as is standard on all Taylor Wimpey Espana homes.

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.

Spanish tourism sector heats up as Brits head to Spain for summer

Spanish tourism sector heats up as Brits head to Spain for summer

Spain ,

 

  • Experts foresee another record year for Spain’s tourisms industry. (INE)
  • 23% of British homebuyers are accelerating purchases in Spain. (BNP Paribas)
  • Spain is home to the largest numbers of British outside the UK in the EU (ONS)

 

Spain has enjoyed four consecutive years of record-breaking numbers of foreign tourists and 2017 is set to be the fifth year of historical highs.

The Iberian nation has already welcomed 20 million visitors so far this year (Jan – April 2017), an increase of 11.6% over the same period last year according to the Frontier Tourism Survey from the National Institute of Statistics (INE).

Accounting for almost a quarter of those who have visited Spanish shores this year are Brits – 4.3 million, up 9.6% from the previous year with the latest figures by BNP Paribas International also highlighting the British mania for Spain with 23% of UK property buyers planning to accelerate their purchases in Spain.

 

Indeed, Spain has been for many decades the number one choice for Brits to buy a holiday home overseas. ONS data released earlier this month revealed that Spain is home to 296,000 British citizens, the largest number of Brits residing outside the UK in Europe. And if this year’s tourism figures are anything to go by, not even Brexit will dampen the British love of sun, sea, sand and Sangria in Spain!

“Whilst no one knows quite what the eventual Brexit agreement will look like, it’s clear by the publication of this data that the 300,000 British citizens living in Spain are being considered, as indeed are the 116,000 Spanish citizens living in the UK. And having been operational in Spain since 1958, we at Taylor Wimpey Spain remain at the disposal for any Brits looking to make Spain their home.”

 

Marc Pritchard, Sales & Marketing Manager, Taylor Wimpey España

 

Early figures from leading Spanish homebuilder Taylor Wimpey España confirm that the outlook for buying a property in Spain in 2017 remains positive.

“We made significant progress in the Spanish market last year by delivering a double operating profit to a massive of £20.6 million for 2016 and by completing 304 homes. The first half of the year has been extremely encouraging and with demand set to rise further throughout summer 2017, our outlook for the year is extremely positive.”

Marc Pritchard, Sales & Marketing Manager, Taylor Wimpey España

Perfectly timed to meet this steady recovery of the second homes market and increasing number of British visitors, Taylor Wimpey España has recently completed the completion of brand new apartments to enjoy this summer.

The new Marina Golf residential complex is located next to the Santa Ponsa III Golf Club on the beautiful island of Mallorca. Prices start from just €590,000 + 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.

All the homes enjoy views over the golf course and a large communal garden where buyers can spend sunny Mallorca days and warm Mediterranean evenings.

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.  

 

Vamos a España ! : Avec Taylor Wimpey España acheter une résidence secondaire est un rêve accessible

Vamos a España ! : Avec Taylor Wimpey España acheter une résidence secondaire est un rêve accessible

France Spain ,
Qui n’a pas rêvé un jour de posséder une maison à l’étranger pour y passer ses vacances ? Si beaucoup y pensent, peu passent à l’acte. Toutefois, depuis que l’immobilier espagnol relève la tête, les pays francophones se ruent sur les résidences secondaires en Espagne. 
Soleil tapant permanent, plages, mers chaudes et cultures semblables … les francophones en Europe raffolent de l’Espagne. L’arrivée en masse des touristes en Espagne a d’ailleurs augmenté de 16% en avril dernier.
Les Français ont été 1.13 millions à s’y rendent, soit 4.8% de plus par rapport à l’année dernière. Quant aux Suisses, ils étaient 219 milles, soit 43% de plus par rapport à l’année dernière !
Les Francophones reviennent souvent dans la péninsule ibérique avec l’envie d’y acheter une résidence secondaire. En effet, les prix de la pierre sur le sol espagnol séduit de plus en plus hors des frontières et convainquent les acquéreurs francophones.
Selon les chiffres officiels du bureau d’enregistrement espagnol, pas moins de 3.423 Belges ont acquis une maison de vacances en Espagne l’an dernier. C’est à peine moins que les Français (4.321).
D’après Taylor Wimpey España,  premier promoteur immobilier en Espagne, Costa Blanca et Costa del Sol cartonnent pour ces acquéreurs.
« L’an dernier, le nombre d’investisseurs Belges en particulier qui ont acheté une résidence secondaire en Espagne avait augmenté de 43%. Les Belges sont friands de la Costa Blanca parce que la région offre des opportunités incroyables pour passer des vacances agréables. De plus en plus de Français s’intéressent à la zone. L’amour des francophones pour la pierre espagnole est loin d’avoir faiblit. »
 
Marc Pritchard, Directeur Marketing de Taylor Wimpey España
A l’approche des vacances d’été, le rêve d’une propriété au soleil taraude les francophones. Avec Taylor Wimpey España, acheter une maison secondaire à Costa Blanca (ou même dans la Costa del Sol ou sur l’ile de Majorque) est un rêve accessible.
Ceux en quête d’exotisme peuvent acquérir les nouveaux appartements éblouissants de La Recoleta situes à seulement deux minutes de la plage dans la région d’Alicante. Disponibles à partir de 184.000€, les appartements à deux ou trois chambres de La Recoleta ont tout ce qui fait rêver : des terrasses et jardins privés, un design intérieur bien conçu et une vue à couper le souffle sur la mer Méditerranée.
La proximité des plages et de l’aéroport international Alicante font des appartements de Taylor Wimpey España l’une des meilleurs options de résidence secondaire à acquérir en Costa Blanca.
Pour plus d’informations, veuillez contacter s’il vous plait Taylor Wimpey España maintenant le 0034 971 70 69 72 ou visitez le site http://taylorwimpeyspain.com/fr/ pour plus d’informations.
5 top tips for viewing a second property whilst on holiday in Spain this summer

5 top tips for viewing a second property whilst on holiday in Spain this summer

Spain Uncategorized ,

If the latest data for international tourist arrivals to Spain is anything to go by, then the land of sun, sea and sangria is set for a sizzling summer!

Tourist arrivals to Spain rose 16% year-on-year to just over 7 million in April 2017 with holidaymakers from the UK totaling 1.523 million, up 7% from the previous year.

The Balearic Islands (comprising Mallorca, Menorca, Ibiza and Formentera) saw UK tourist arrivals rise by 9.3% in April with the Valencian Community, home of the hugely popular Costa Blanca region, welcoming 14% more Brits in the first four months of 2017 according to the Spanish tourism authority, Frontur.

For those who’ll fall in love with Spain this summer and don’t want the holiday to end, leading housebuilder operating across Spain since 1958, Taylor Wimpey España, has compiled 5 top tips for viewing a holiday home whilst on vacation:

  1. Choose the area you want to buy in – Before you view any properties, make sure to select the right location that fits all your holiday home needs perfectly. You might love where your hotel is located for two weeks of the year but would it be right for longer-term living? What everyday amenities are nearby? How easy it is to reach the airport? What will it be like out of season?
  2. Consider your property type wisely – Fancy a house close to the beach? Spacious apartment or prestigious townhouse? Consider what you want from your holiday home in Spain? How many people will be using it and how often? How much maintenance might it require? How much outside space does it offer and what about on-site facilities such as a swimming pool or children’s play area? What about parking?

Happily, Taylor Wimpey España has something for everyone. Try Bahia Sant Pere on the stunning island of Mallorca for penthouse living with uninterrupted sea views. Want ace golf courses within walking distance of your home? Then head to Malaga on the Costa del Sol and Horizon Golf which features courts and training programmers for golf lovers.

 

  1. Book viewing appointment as early as possible – To avoid disappointment during the peak season, arrange in advance to view properties you are interested in. Taylor Wimpey España’s friendly team are on hand to meet with you for no-obligation personal viewings at a time which suits you – and your sunbathing schedule!
  1. Prepare your questions – You wouldn’t buy a house in the UK without asking questions so why would you do so in Spain? No questions is too big or too small for the Taylor Wimpey España team so prepare a list of queries about the property, the area, the company and the buying process and ask away!
  1. Learn the lingo – Whilst English is widely spoken across Spain and indeed by all members of the Taylor Wimpey España team, it’s always a valued gesture to learn the basics of Spanish to help integration. Even a few words such as “hola (hello), adiós (goodbye), buenos días (good morning), hoy (today) mañana (tomorrow), por favor (please) and gracias (thank you)” will go a long way.

 

For those more advanced, then some useful Property related vocab might include comprar (to buy), viviendas (properties), número habitaciones (number of rooms) and viviendas de vacaciones (holiday homes).

So, if you’re thinking of visiting some stunning holiday homes during your trip to Spain this summer, why not start now and book a no-obligation appointment with Taylor Wimpey España by clicking here: http://taylorwimpeyspain.com/newsletter/Visit_show_home_en.htm.

 

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.

 

Wild about Wimbledon? Taylor Wimpey España serve up these ace holiday homes for tennis lovers

Wild about Wimbledon? Taylor Wimpey España serve up these ace holiday homes for tennis lovers

Spain ,

From 3rd– 16th July, the world’s best tennis players will contest again at the Wimbledon grass court tennis tournament.

As Wimbledon excitements sets in, people are once again inspired to pick up a racket and get swept up in the atmosphere and Taylor Wimpey España has the ideal holiday homes with ace tennis courts in Spain, perfect to practice that backhand.

 

“For fans of the sport, properties with tennis facilities provide the ideal choice for a holiday home or retirement plans. Horizon Golf for example is within La Cala Resort which features outdoor tennis courts perfect for a set or two. Spain’s plentiful sunshine and dry, warm days allow for visits throughout every season.”

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España

 

Situated in the beautiful valley of Mijas, Horizon Golf is Taylor Wimpey de España’s second development at La Cala Resort within the complex’s famous Campo Asia golf course. At La Cala Resort, beginners and experienced players will find their perfect tennis holiday as coaching programs are offered.

 

With prices starting from €375,000 + VAT, the private gated development offers 55 terraced homes, all with three bedrooms, two bathrooms and a cloakroom, and stunning panoramic views over the golf course and La Cala de Mijas.

 

Horizon Golf features luxury finishes including fully equipped furnished kitchens, air conditioning, designer bathrooms, bedrooms with motorized blinds, and secure, fully lined wardrobes. Residents can reach the beautiful beaches of the Costa del Sol in just ten minutes, with Malaga airport only thirty 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 34 971 706 972.

Casa creation: Exclusive interview with Taylor Wimpey Spain’s architect

Casa creation: Exclusive interview with Taylor Wimpey Spain’s architect

Spain ,

When choosing the perfect home holiday abroad to relax, a property’s exterior appearance is just as important as its location.

Pablo Liev Sanchez is Spanish housebuilder Taylor Wimpey Spain’s highly experienced architect who has worked independently with developers for 20 years.

Working closely with the technical team at Taylor Wimpey Spain, Pablo participates in the full process from the initial study for the purchase of a land, unit design, quality definition and budgetary controls to the final delivery of the properties to client.

Working alongside Taylor Wimpey Spain’s head interior design, Ana Garcia Maldonado (also his wife), Pablo shares his trade secrets and what is it about architectural design that he enjoys so much:

 

What is your vision for Taylor Wimpey Spain properties?

All the sites we develop go through an exhaustive quality control, in search of the characteristics demanded by clients – orientation, views, transport links and / or proximity to beaches and golf courses. The result is homes that respond to the needs of our customers, integrated in an environment that conveys feelings of well-being, elegance and quality.

In terms of the properties themselves, large terraces that allow customers to enjoy the wonderful landscapes of the Costa del Sol and its fantastic weather conditions are the stand out architectural features of Taylor Wimpey Spain properties.

 

What was your vision for the stunning new, eco-friendly ‘Botanic’ development on the Costa del Sol?

Botanic is indeed a project that has generated much expectation because we are using innovative and technologically advanced construction systems, with the intention of providing the dwellings with maximum comfort and fundamentally high energy efficiency. We are very proud to have achieved the highest energy efficiency rating obtained today on the Costa del Sol.

 

Are you using any innovative design techniques or materials in the Taylor Wimpey Spain properties?

Undoubtedly the Costa del Sol is a very competitive real estate market, so a leading company in the sector such as Taylor Wimpey Spain is at the forefront of new technologies oriented primarily to comfort and energy efficiency.

As an example, the air renewal systems used determine a significant energy saving as well as the use of solar energy that provides more than 70% of the hot water of the houses. In terms of materials we use porcelain of the highest range of the SALONI brand.

 

Horizon Golf is located within the famous Campo Asia golf course, is the golfing element reflected in the design of the homes?

This project has homes on the frontline of the golf course which has been a fundamental of the design. The homes were designed with large windows and garden terraces to act as an extension of the golf course within the houses.

 

How do you find working so closely with your wife on the interior design side?

Ana is a professional with an enormous creative capacity, she brings a special sensitivity to our projects and gives the spaces of a special elegance, warmth and sense of well-being.

 

Costa del Sol: Horizon Golf and Botanic

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  or more information. If you reside outside of the UK you will need to call +34 971 70 69 72.

Taylor Wimpey España serve up new sea view homes as the Mallorca Open returns 

Taylor Wimpey España serve up new sea view homes as the Mallorca Open returns 

Spain ,
  • WTA Mallorca Open tennis championship returns to the Balearic Island for the second year
  • Mallorca is home to the “Muscles from Manacor” top tennis pro Rafael Nadal
  • New homes with sea views served up just minutes from Manacor by Taylor Wimpey España

The Mediterranean island of Mallorca will soon become a savoury appetizer for the world-famous Wimbledon grass tennis tournament as leading female tennis stars head to the WTA Mallorca Open.

From 18th-25th June some 3,000 spectators will watch professionals including Azarenka, Bouchard, Garcia and Navarro battle it out in the Toni Nadal (uncle and former coach of Rafael Nadal) directed ladies tournament.

Tennis in Mallorca is thriving thanks to its year-round warm climate, high quality court facilities and tennis academies, not to mention local stars such as Rafael Nadal – affectionately nicknamed the “Muscles from Manacor” – raising the profile of the sport.

 

“The world class tennis on show this month at the WTA Mallorca Open, now its is second year, will no doubt draw attention from fans and in turn attract an even wider global audience to come and discover all that Mallorca has to offer.”

Marc Pritchard, Sales & Marketing Director, Taylor Wimpey España

On the south-east coast of Mallorca, just 20 minutes from Nadal’s home and tennis academy in Manacor, leading Spanish homebuilder Taylor Wimpey España, is delighted to present a brand-new collection of just four townhouses all with stunning sea views.

Cala Murada is located between the historic towns of Porto Cristo and Portocolom and only 150 metres from the crystal-clear waters and Blue Flag beach.

With prices started from €399,000 + VAT, these 3 bedroom townhouses, complete with branded appliances such as Panasonic air conditioning and Teka fittings, afford terraces on both the ground and first floors with uninterrupted sea views. Owners will also be able to enjoy a true Mediterranean lifestyle as the homes are surrounded by native plants and trees.

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  or more information. If you reside outside of the UK you will need to call +34 971 70 69 72.

 

More flights, more people and more second home sales mean higher prices on Mallorca

More flights, more people and more second home sales mean higher prices on Mallorca

Spain ,
  • Balearic Islands attract 18% of all Spanish holidaymakers (HomeAway)
  • Passenger numbers at Palma Airport up 2.9%in H1 2015
  • Five new weekly flights to Palma from the UK from spring 2016 (Jet2)

Spain’s Balearic Islands are one of Europe’s most attractive and loved summer sun destinations. Holidaymakers from mainland Spain, along with the UK, Germany and Italy flock to the islands every year, craving their perfect balance of sun, sea and sandy beaches. Amongst Spanish residents, the Balearics come second only to Andalusia in terms of popular tourism destinations, accounting for 18% of total bookings according to HomeAway figures.

The principle island of Mallorca saw 9.54 million visitors arrive through Palma Airport during H1 2015, an increase of 2.9% over the same period last year. Both April and May saw passenger numbers reach record levels. The figures are good news for the island’s property market, as Marc Pritchard, Sales and Marketing Director of leading homebuilder Taylor Wimpey España, explains,

“More visitors arriving in Mallorca has had a positive impact on the island’s economy and has pushed up demand for second homes, with many of those who visit – myself included – falling in love with Mallorca almost on first sight.”

Marc was an early advocate of island life, moving to Mallorca back in 1989. Since then, the island has changed dramatically, yet has still retained its essential charm and stunning, unspoiled vistas, from pristine beaches to steep, rocky mountains.

Now, with more visitors and holiday home sales booming, Mallorca is enjoying property prices rises of up to 10-15% in some locations, according to one local estate agency. Apartments with outdoor space in good locations are the properties most in demand, advises Marc Pritchard,

“Buyers want to enjoy the sunshine at home, as well as at the beach, so homes with well appointed terraces that offer space for sunbathing or for outdoor dining sell particularly well.”

Two of Taylor Wimpey España’s most popular developments on the island are Cala Magrana III and Cala Anguila II. Both enjoy extensive grounds, with lush landscaping and large shared pools. Individual apartments all have generous terraces and well considered views, in addition to high spec interiors. Prices start from €220,000 at Cala Magrana III and from €230,000 at Cala Anguila II.

For second home owners from the UK, access to Mallorca is set to get even easier from 2016 onward, with British airline Jet2 opening a new line between Manchester and Palma from February 2016, with up to three flights per week, and between Edinburgh and Palma, with two flights per week from March. Jet2’s Steve Heapy has commented that the flights should help to combat tourism seasonality and holiday home owners will certainly want to take advantage of this, as part of the joy of owning a second home on Mallorca is the ability to enjoy the island not just during the peak of summer but also earlier and later in the year when the masses have headed home.

So, will the new flights contribute to further price increases on the island, as demand continues to soar?

“It’s certainly possible,” concludes Taylor Wimpey España’s Marc Pritchard. “Mallorca has proven itself to be an enduringly popular location over the years and demand for high quality properties here is high right now. If demand continues at this level I think we can look forward to prices continuing to rise over the months and years ahead.”

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.

Personalise that property perfectly with an off-plan purchase

Personalise that property perfectly with an off-plan purchase

Spain
  • Spanish house price rises in sharpest upturn since Q1 2008 (INE)
  • Economy could grow by as much as 3% during 2015 (Economy Minister)
  • Discerning buyers opt for off-plan properties (Taylor Wimpey España)

With the Spanish property market beginning to look healthy once more (home buyers spent 23% more in 2014 on Spanish property than they did in 2013, according to the Ministry of Development), buyers are becoming more choosy about what they buy and where.

Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, explains,

“There has been a rush of buyers, particularly from overseas, looking to pick up bargain properties in Spain while prices are low and the exchange rate is favourable. What we’re seeing now is purchasers honing their requests and seeking out properties that particularly suit their needs – while still enjoying bargain prices.”

Eef Meijer and Lydia Kosijungan are a great example. They purchased an off-plan apartment with Taylor Wimpey España at Los Arqueros Beach, San Pedro de Alcantara, a few kilometers from Marbella. The couple wanted a number of modifications to their holiday home, including a larger living room, a bathroom combined in an open plan format with the bedroom, changes to the kitchen and larger doors.

Eef and Lydia’s changes were easily incorporated into their apartment and the couple were delighted with the results, which were just as they had hoped. They are now enjoying their second home for frequent holidays, while planning their retirement move from their native Netherlands to the Costa del Sol.

At the stunning Camp de Mar Beach at Puerto Andratx, Taylor Wimpey España is able to offer second home buyers a wide range of customisation options for townhouses in Mallorca. The resort enjoys direct beach access in an area of outstanding natural beauty, as well as some of the best golfing facilities on the island. The two and three bedroom properties will enjoy spacious terraces, lush communal gardens and a generously sized swimming pool.

Properties at Camp de Mar Beach come with air conditioning, double glazing, security doors and designer fixtures and fittings as standard. Prices start at €359,500. As to the modifications, it’s really up to the buyer, as Marc Pritchard states,

“We are open to suggestions! From minor layout changes to more substantial alterations, everything can be considered. It is part of the beauty of buying off-plan – purchasers can shape their apartments to perfectly suit their needs and desires.”

The latest Economic Information White Papers from Funcas (the Spanish Savings Banks Foundation) has highlighted the role of developments such as Camp de Mar Beach in driving forward the Spanish economy over the years ahead. The “budding recovery” of Spain’s construction sector is expected to lead to property price rises from this year forward.

Meanwhile, Prime Minister Rajoy is confident that the overall economy will see growth of more than 2.4% during 2015. Economy Minister Luis de Guindos is even more confident, projecting growth of between 2.5% and 3% over the course of the year. Employment is set to grow by 2.7%, according to the Bank of Spain.

Naturally, Spain’s economy and its property market are intrinsically linked and it is encouraging to see both of these elements reporting positive news. The National Statistics Institute (INE) reported a rise of 1.8% in the housing price index for Q4 2014 compared to a year earlier. The figure is the sharpest rise since Q1 2008 and the Q1 2015 data is eagerly awaited, to see how well the figures support the positive predictions pouring out of Spain right now.

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.

Favourable FX rate sees Brits eyeing up luxury homes and yachts in Mallorca

Favourable FX rate sees Brits eyeing up luxury homes and yachts in Mallorca

Spain
  • GBP/EUR exchange rate reaches 7.5 year peak (Currency News)
  • Balearic property transactions up 29.2% in 2014 (Spanish government)
  • Luxury beach properties from €230,000 (Taylor Wimpey España)

With the sterling to euro exchange rate hovering around the 1.39/1.40 mark, having this month reached the best rate in more than 7.5 years, many Brits are seeing now as the perfect time to invest in luxuries across Europe and in Mallorca, luxury shopping is easy to do. The largest of the Balearic Islands, Mallorca offers high end goods at high end prices from designer clothes to yachts.

With the favourable exchange rate, Mallorca’s temptations have become even more attractive to British buyers and many keen sailors are looking to do the double while the price is right and buy that holiday home and yacht that they have always dreamed of. The forthcoming pensions freedom day in the UK makes the proposition even more exciting.

Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España and resident of Mallorca comments,

“Mallorca is known for its idyllic climate, stunning beaches and fantastic sailing clubs. Porto Cristo is one of the most beautiful places on the island and a popular marina with those stopping off for a day or two of shopping and with those looking to spend longer periods of time on Mallorca.”

Mallorca is a favourite of the sailing community and the island frequently hosts world cups, regattas and other events. From serious competitions to regattas held purely as social events to celebrate a love of sailing, the calm waters and glorious sunshine of Mallorca position it perfectly as a host island.

Many of those who visit Mallorca are quickly drawn in by its unique charms and discover it is the perfect location for the second home they have always dreamed of. Property sales on the island are on the up. In fact, transactions across the Balearic Islands increased by 29.2% from 2013 to 2014, according to data from the Spanish government.

Property on Mallorca offers incredible value for money in light of the current exchange rate. Taylor Wimpey España’s stunning Cala Anguila II site, where prices start at €245,000 for a two bedroom apartment, is just 3 km from Porto Cristo. One of the last remaining developments with direct access to the beach on the island, it features high end apartments arranged in small clusters around generously proportioned communal pools. Designer fixtures and fittings, air conditioning, double glazing and security doors are all included as standard.

Also near Porto Cristo, Cala Magrana III, where two bedroom apartments cost from €230,000, is just 600m from the beautiful Cala Anguila beach. The apartments enjoy spacious terraces, gardens and/or roof terraces, with key ready properties that are perfect for those looking to make their Balearic dream come true.

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.