“You can’t hide from us!” – CLL offers fresh hope for owners scammed by ‘hidden’ developers

“You can’t hide from us!” – CLL offers fresh hope for owners scammed by ‘hidden’ developers

Spain
  • New hope for clients who lost money to developers posing as estate agents
  • Buyers have until 28 December to start legal proceedings
  • 100s of buyers in UK and Ireland could regain lost deposits

CostaLuz Lawyers has spent years helping clients who lost deposits on Spanish properties that were never built or never finished, winning nearly 850 cases against property developers and banks. Now, the firm is providing fresh hope for buyers who have previously been unable to take action to regain their lost deposits.

The new hope centres around growing case law in Spain in relation to ‘hidden’ developers. These are companies that operated as estate agents but were actually developers or co-developers, such as Ocean View Properties on the Costa Blanca and Palmera Properties on the Costa del Sol.

In these cases, this dual role of agent/developer was often hidden from the buyer. However, CostaLuz Lawyers advises that there is growing evidence that its existence opens up the possibility of the buyer claiming against such companies for a refund.

“These companies received huge amounts of off-plan payments for properties that were never built or never finished. Until now, they have escaped the rules of Law 57/68 by presenting themselves as estate agents, but there is now some strong case law stating that the developer is whoever takes the off-plan payments on account. That means there is a last chance for buyers to claim for refunds from these companies.”

Keith Rule, CostaLuz Lawyers

Law 57/68 is the regulation under which those who lost deposits have successfully claimed against developers and banks for a refund. Claimants should have started proceedings by 7 October but that deadline has now been extended to 28 December 2020. This means that those who are out of pocket have a new window of opportunity. According to CostaLuz Lawyers, this could affect hundreds of buyers in the UK and Ireland.

The CostaLuz Lawyers team has already helped over 1,500 clients in their quest for financial justice. Those who now want their shot at obtaining a refund need to start proceedings before the new December deadline.

“28 December is the date by which action has to be started. But that just means sending a Burofax or submitting the Preliminary Diligences procedure – the actual lawsuit can be filed later, provided this initial action has been taken before the deadline.”

Keith Rule, CostaLuz Lawyers

Cases submitted to Spain’s First Instance Court will take around two years to complete, while those that go on to the Provincial Appeal court could take around three. Any cases that go all the way to the Supreme Court could mean that buyers are looking at five to ten years before receiving a final ruling.

For more information, please contact CostaLuz Lawyers’ UK office on +44 1908 635 111 and speak with Keith. To speak with Maria in the Spanish office, call +34 956 092 687 or you can visit www.costaluzlawyers.es

Spanish homebuyers urged to make most of off-plan claims deadline extension

Spanish homebuyers urged to make most of off-plan claims deadline extension

Spain
  • New hope for buyers who lost deposits for Spanish off-plan homes
  • Deadline for taking action against banks extended to 28 December 2020
  • Nearly 850 claims from developers and banks now won by CostaLuz Lawyers

Buyers who paid and lost deposits on off-plan properties in Spain have fresh hope, as the country has extended the deadline for such claims from 7 October to 28 December 2020, due to the COVID-19 pandemic.

Now, the team at CostaLuz Lawyers is encouraging homebuyers who were going to miss the October deadline to take advantage of this last chance to try and recover their money.

The issue relates to those who paid deposits on off-plan homes that were subsequently never built due to developers going bust. They are now able to make claims against the banks who partnered with the developers, provided their claims are in by 28 December 2020.

“The stress of losing a deposit on an off-plan property in a foreign country is immense. However, there is now considerable precedent for such monies being repaid by banks. As such, I would urge anyone who has lost an off-plan deposit to take action before the December deadline. It’s not too late to try to get your money back.”

Keith Rule, CostaLuz Lawyers

CostaLuz Lawyers is a pioneer in this field. Having researched the issue since 2008, they filed their first off-plan deposit lawsuit against a property developer’s bank in 2011. In 2012, they won the case, with a landmark ruling resulting in a payout of nearly €1.5 million for the 47 buyers they were representing.

“It is a wonderful thing to be able to give hope to buyers who thought their hard earned money was gone for good. It’s even better to see their faces when we tell them that the courts have ruled in their favour and that the banks must repay them. Time is running out to make claims though, so buyers do need to act fast.”

Keith Rule, CostaLuz Lawyers

Keith himself was part of that first off-plan deposit class action back in 2011/12. In fact, he was the instigator of it, working to bring the other 46 claimants on board to benefit from CostaLuz Lawyers’ expertise. Following the successful 2012 ruling, he took up a role with the firm and has worked as a core member of their team ever since.

The team has now successfully won nearly 850 claims from Spanish property developers and banks, with a further 500 in progress and 100 pending outcomes. Since that initial case, CostaLuz Lawyers has worked with more than 1,500 clients from the UK, Ireland, Spain and other European countries.

For more information, please contact CostaLuz Lawyers’ UK office on +44 1908 635 111 and speak with Keith. To speak with Maria in the Spanish office, call +34 956 092 687 or you can visit www.costaluzlawyers.es

Taylor Wimpey España confirms increasing importance of outdoor space, as buyers refuse to rein in budgets

Taylor Wimpey España confirms increasing importance of outdoor space, as buyers refuse to rein in budgets

Spain ,
  • “The importance of having the right property has never been greater” (Taylor Wimpey España)
  • Spain in top 3 locations for post-Covid move overseas (Knight Frank)
  • Degree of liquidity in market creating vastly different scenario from 2006/07 crash

Knight Frank’s Global Buyer Survey 2020 found that Spain was one of the top three locations for those considering a post-Covid-19 move overseas. Now, leading Spanish home builder Taylor Wimpey España has shed new light on the kinds of properties that new buyers are seeking.

Buyers are, understandably, looking for homes with gardens and with more outdoor space. The potential for another lockdown has made private outdoor space infinitely more desirable. What’s interesting is that buyers aren’t reining in their budgets in order to achieve this. In fact, there’s a huge degree of liquidity in the market, despite Covid’s impact on the global economy.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Those with the means to buy a new home, it seems, are sparing no expense when it comes to getting the space they need, and that applies indoors as well as outdoors. The Taylor Wimpey España team reports that more indoor space is also being sought, with buyers wanting to ensure they can work from home in comfort.

In terms of property types, it is townhouses outside of cities that are attracting the most attention. Buyers are seeking out locations with open spaces and natural scenery, with golf properties being particularly prized.

The southwest-facing townhouses at Green Golf, at Estepona, Malaga, are precisely the kind of homes that meet post-Covid buyers’ needs. Available from €299,000 plus VAT, the homes are bright and spacious, inside and out. The three bedrooms provide scope for one to be used as an office, while the large terraces would make another period of at-home confinement far more bearable. The private, gated community also has communal gardens and pools, with being on-site at Estepona Golf providing plenty of options when it comes to keeping fit and healthy.

Both those buying main residences and those buying holiday homes have re-evaluated what it is that they want from their property in Spain, just as families have around the world. In terms of second home buyers, Knight Frank reports that over 25% of those who contributed to its Global Buyer Survey are more likely to buy a second home as a result of the pandemic.

“Buyer requirements have experienced the biggest shakeup in years, which is pushing interest in larger properties with outdoor space up significantly. Back in 2006/07, we saw buyers’ budgets trimmed significantly and experienced a wave of cancellations as the financial crisis struck. What’s different this time around is that buyers are, on the whole, going ahead with their purchases, despite the economic backdrop. The importance of having the right property has never been greater.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

For more information please contact Taylor Wimpey España today 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.

Increasing numbers of Brits seek sun-kissed second homes in Spain

Increasing numbers of Brits seek sun-kissed second homes in Spain

Spain ,
  • British and Spanish website visitors leading interest in holiday homes (Taylor Wimpey España)
  • Leads up 55% across May to August, compared with 2019
  • Digital viewings and video tours helping to fuel demand

Leading Spanish home builder Taylor Wimpey España has reported significant growth in the number of enquiries it is receiving for its properties in Spain, Mallorca and Ibiza. Leads were up by 21% year to date for August 2020 versus August 2019, while the May to August 2020 period saw a leap of 55% compared to the same months the year before.

When it comes to web visitors, it is British and Spanish interest that is growing most rapidly.

We’re seeing a notable increase in pent-up demand for second homes in Spain. Uncertainty and quarantine restrictions are doing nothing to curb Britons’ interest in owning a sun-kissed Spanish retreat. Indeed, the pandemic has caused many people to think long and hard about what’s important to them and where they want to spend their time.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

In response to the surge in demands, Taylor Wimpey España is offering digital viewings and newly released video tours of its second homes.

At Green Golf in Estepona (Malaga), for example, buyers can now explore the bright, spacious frontline golf properties via an online drone tour, while listening to Taylor Wimpey España share details of the development over the phone. The digital tour of the three-bedroom/three-bathroom townhouses, which are available from €299,000 plus VAT, allows buyers to see everything from the on-site pool and stunning golf course views to the beautifully presented show home.

While the tourism industry in Spain, along with that of most of the rest of the world, has been hit hard by the global health crisis, British families are clearly not giving up on their dreams of owning property there.

The impressive rise in interest is a good indication of what’s to come, post-pandemic. As such, we are not only launching new developments – such as the lovely Harmony apartments, penthouses and duplexes at La Cala Golf – but also searching for new sites along the Costa del Sol and Costa Blanca, as well as in Mallorca and Ibiza.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Until travel restrictions are lifted, the Taylor Wimpey España team will continue to deliver digital viewings to the growing number of Britons who are requesting them.

For more information please contact Taylor Wimpey España today 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.

Taylor Wimpey España reveals what makes a holiday home perfect for the whole family

Taylor Wimpey España reveals what makes a holiday home perfect for the whole family

Spain ,
  • Families are seeking flexibility in how they use their space
  • Views of nature are important for relaxation
  • Buyers want homes for now and for ‘after’  

The COVID-19 pandemic has done much to change the way we think about our homes, both in terms of how we use them and in relation to the facilities that we want nearby. Nor does this only apply to main residences, as leading Spanish home builder Taylor Wimpey España reveals.

There’s a clear distinction between the kinds of questions potential buyers would ask before the pandemic and those they ask now. Buyers are now much more focused on the flexibility of the space within the home and how many open-air restaurants and sports facilities are available in the open area. There’s a COVID-related twist to their requirements now.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Flexibility is key to these requirements. Buyers are looking for homes that serve the whole family, with accommodation that is arranged in such a way as to facilitate multiple generations enjoying the property together. From the number of bathrooms to the placement of terraces and range of dining options, everything is being scrutinised through a slightly different lens.

In terms of the local area, beaches and golf courses, which southern Spain has in abundance, are still incredibly popular. But buyers now want to know much more about other open-air options. From water sports to outdoor dining, they are keen to understand what their options are when it comes to avoiding being indoors too much.

Spain’s climate certainly helps in this respect. While homeowners in the UK are preparing for the cold and rain of the winter months with a certain sense of trepidation, those in Andalusia can look forward to average temperatures of 15°C in November and 12°C in December.

Sun Valley at La Cala Golf in Malaga epitomises the kind of homes that suit buyers during the COVID-era. Situated on the top of a hill overlooking La Cala’s famous Europa golf course, the homes have fresh air in abundance. Large terraces with glass enclosures are perfect for outdoor dining, while the ground floor homes have lovely private gardens. Owners at La Cala also enjoy a range of discounts and benefits thanks to the resort’s Privilege Card. Prices start from €241,000 plus VAT.

“Buyers are thinking about their second homes in two ways now – how they’re going to use them while the pandemic continues and how they’re going to use them ‘after.’ Developers need to respond to this by being flexible in their approach and building homes that will allow families to create cherished memories both now and in the future. At the same time, established attractions such as the pools and communal gardens that feature in every Taylor Wimpey España development continue to be essential for maximising the enjoyment of family leisure time.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

One important aspect of this, according to Taylor Wimpey España, is the view that those family homes provide. A nature-packed vista can do much to promote feelings of relaxation, whether it’s of the sparkling sea or the greenery of a golf course.

At Botanic, for example, buyers can enjoy both beautiful greenery and spectacular sea views. Priced from €430,000 plus VAT, the homes have been built with a focus on sustainability, ecology and bioclimatic architecture. The buildings are constructed on different ground levels in order to optimise the views and provide an exceptional panorama of the surrounding area, which includes gardens packed with a variety of species and indigenous trees. Meanwhile, vertical gardens and green corridors link each phase of the development, creating a unique natural environment to delight family members of all ages.

For more information please contact Taylor Wimpey España today 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.

Spanish second home buyers to live in Harmony with nature at new Taylor Wimpey España development

Spanish second home buyers to live in Harmony with nature at new Taylor Wimpey España development

Spain ,
  • €13.5 million Harmony apartments launched at La Cala Golf Resort
  • 56 luxury apartments to provide panoramic golf, sea and mountain views
  • Over 320 homes already built by Taylor Wimpey España at La Cala

Leading Spanish home builder Taylor Wimpey España has revealed its latest development – the stunning Harmony apartments at La Cala Golf Resort on the Costa del Sol. The development enjoys the highest location at La Cala, meaning the homes will deliver panoramic golf, sea and mountain views.

Harmony will provide 56 luxury homes spread across six buildings, including two- and three-bedroom apartments and three-bedroom penthouses and duplexes. It is the latest development resulting from the €120 million joint venture between Taylor Wimpey España and FBD Leisure (owners of La Cala), which has already delivered over 320 homes.

We are delighted to reveal details of Harmony, which has been designed to make the most of its incredible natural setting. We’ve included particularly large terraces for outdoor dining and relaxation, all set against the stunning backdrop of the Sierra de Mijas, with the Mediterranean Sea sparkling in the distance.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Available from €295,000 plus VAT, the bright, airy homes will offer open plan interiors that are filled with light. The site will also feature a large communal pool and pretty communal gardens. Ground floor homes will have private gardens, as well as terraces, and every property will have its own underground parking space and storage room.

The Taylor Wimpey España and FBD Leisure partnership will see a total of 1,000 homes built at La Cala over the course of the next decade. The resort, which TripAdvisor ranks as one of the ten best golf resorts in Spain for 2020, is a favourite with golfers across Europe, including a significant number of players from the UK.

“The announcement of the Harmony Development is hugely significant. While these are extraordinarily challenging times for the local economy, we remain as determined as ever to invest in the future, and cement La Cala’s position as a bucket-list destination for golfers across Europe.”

Sean Corte-Real, Director of La Cala Resort

For more information please contact Taylor Wimpey España today 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.

Taylor Wimpey España reveals 3 unexpected ways COVID has impacted second homes

Taylor Wimpey España reveals 3 unexpected ways COVID has impacted second homes

Spain ,
  • Healthcare and solo sports now both more relevant to second home buyers
  • Potential as longer-term lockdown bolthole not far from buyers’ minds
  • 25% of people more likely to move home due to pandemic, with Spain one of most popular destinations (Knight Frank)

Leading Spanish home builder Taylor Wimpey España has spent more than 60 years satisfying clients’ wishes when it comes to what they want out of a second home. However, it seems that the COVID-19 pandemic has given rise to some unusual requirements.  

“It’s a given that COVID-19 has caused buyers to want more spacious properties and decent WiFi connections, when they are looking at potential second homes, but we’ve seen buyer requirements and behaviour shift in other ways too. It’s as though the lines between second homes and main residences have begun to blur.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Buyers are now looking at second homes in a different light, analysing their potential for use as a lockdown bolthole for months at a time at very short notice. That includes the potential to work fulltime from their holiday home for several months, should they need to. This means that everything from the stability of the WiFi connection to the size of the fridge and wardrobes is being considered from a new perspective.

Key-ready homes at Grand View, on the Costa del Sol’s well-known La Cala Golf resort, are ideal for buyers looking through this lens. Available from €290,000 plus VAT, the apartments provide a quality lifestyle in peaceful surroundings with stunning views – perfect for those looking for a semi-permanent residence in which to wait out a lockdown.

The second unexpected buyer focus is healthcare. No longer is it only those who buy a second home when approaching retirement who take an interest in the quality of the local medical facilities. Instead, buyers of all ages are now having to factor this into their analysis of potential properties.

Spain certainly fares well in this respect. Not only did the 2019 Bloomberg Healthiest Country Index rank Spain as the world’s healthiest nation, but the country is also renowned for the quality of its public and private healthcare facilities. Not usually something that second home buyers paid much attention to, this requirement has understandably increased in importance in recent months.

Indeed, this and Spain’s other attractions have singled the country out not just as a second home bolthole but also as a destination of choice for those seeking a more permanent relocation. According to Knight Frank’s latest research, based on a survey of 44 countries, 25% of people are more likely to move home in the next year as a result of the pandemic, with 34% of those individuals looking at moving abroad. For those who were more inclined to move abroad, 17% chose Spain as their ideal location (only the UK scored more highly, at 30%).

“Spain has so much to offer not just second home buyers but also those looking to settle fulltime. The weather, cuisine, scenery and cost of living are all extremely attractive – and in many cases more so as a direct result of the pandemic.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

This brings us round to the third requirement that buyers now want from their second homes – socially distanced sporting options. While Spain’s golf courses have always attracted second home buyers from the UK and a range of other countries, there’s now also plenty of interest in everything from tennis to nautical sports, as buyers seek out the ideal combination of keeping fit while also avoiding other people.

This is where Pier 1 fits the bill. The exclusive apartments, which boast private pools for the ground floor and penthouse homes, are situated on the doorstep of La Marina de Sotogrande. The frontline marina properties therefore provide easy access to sailing, surfing, kayaking and other nautical pursuits, as well as on-site golf. Prices start from €1,365,000 plus VAT for a four-bedroom apartment.

For more information please contact Taylor Wimpey España today 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.

COVID-conscious buyers opting for new build homes in exclusive Spanish enclaves

COVID-conscious buyers opting for new build homes in exclusive Spanish enclaves

Spain ,
  • New build property prices up 6.1% year-on-year in Q1 2020 (INE)
  • British buyers focussing on upscale resorts and premium properties (Taylor Wimpey España)
  • Ability to customise seen as one of key attractions

The second home market is alive and well in Spain, albeit in a more subdued fashion than before the COVID-19 outbreak, according to leading Spanish home builder Taylor Wimpey España. The company reports that buyers are prioritising new build apartments as they seek a share of the Spanish sunshine, with newly built homes delivering a range of advantages that particularly suit the new wave of COVID-conscious buyers.

“Right now, we’re seeing buyers looking for generously sized new builds with multiple private outdoor areas and spacious communal grounds. They’re also interested in nearby open-air activities, from golf to yachting, as well as easy access to Spain’s fabulous beaches. For COVID-conscious buyers, the ability to personalise their new home by buying off plan is also important – the pandemic has made many families focus intently on internal layout and the way that they use their home.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Taylor Wimpey España’s findings were echoed by those of Spain’s National Statistics Institute (INE). It reported a rise in the country’s property price index of 3.2% for the first quarter of 2020, when compared with Q1 2019. For new build homes, however, that figure jumped to 6.1% year-on-year. Second-hand properties, meanwhile, saw a year-on-year rise of just 2.7% for the same period.

New build homes come with a range of advantages. Those buying off plan have more time and greater financial flexibility, due to the staged nature of the payments, as well as the potential to personalise their home as part of the build. They also have the potential to benefit from better prices.

They can opt for the perfect property by choosing from a range of options, such as two- or three-bedrooms, ground floor or penthouse, and golf views or sea views.  They can also enjoy modern facilities, from communal pools and gardens to storerooms, lifts and garages, as well as integrated WiFi/fibre ADSL in the home as standard.

Buyers of newly built homes can buy with a clear conscience, thanks to the properties’ energy efficiency and certification, and with peace of mind, thanks to the guarantees that come with such properties. Knowing that they won’t have to undertake renovations and the sometimes-spiralling costs associated with them is also a bonus.

“There are so many reasons why new build homes trump second hand residences, from the financial side of the purchase process to the more emotional aspects of investing in a second home overseas.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

According to Taylor Wimpey España, it is premium properties in upscale areas that are particularly drawing attention from British buyers right now. The company’s Pier developments in Sotogrande are the subject of keen interest.

The newly launched Pier 1 offers luxury and privacy, in a gated development of just four marvellous frontline apartments at La Marina de Sotogrande, with private pools for the ground floor and penthouse homes. The four-bedroom apartments are priced from €1,365,000 plus VAT.

Pier 2, meanwhile, delivers stylish elegance across its two- and three-bedroom homes. The site, which is nearing completion, features pools and communal garden areas for relaxation, as well as the private outdoor space provided by each home. Prices start from €360,000 plus VAT for a two-bedroom apartment.

Pier’s local facilities are second to none. The next-door yacht club keeps the nautically minded happy, while the on-site golf and the beach just 400 metres away provide plenty of space for keeping fit and healthy outdoors.

Sotogrande is also known for its world-class Santa María Polo Club and this year, Taylor Wimpey España is one of the sponsors of the prestigious 49th International MANSION Polo Tournament, which runs from 25 July to 31 August.

“Polo is inextricably linked with the history of Sotogrande, so we are delighted to be sponsoring this year’s International Polo Tournament. Attracting interest from around the world, the Bronze, Silver and Gold Cups make up one of the main summer season events in Andalusia.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The other development that is striking a chord with British buyers in particular right now is Emerald Greens, at the heart of the nearby San Roque Club. With outstanding golf facilities on-site and superb views of the gently undulating landscape as it slopes down to the sea, these homes are ideal for buyers looking for fresh air and tranquillity in a stunning setting. Prices begin at €296,000 plus VAT.

For more information please contact Taylor Wimpey España today 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.

British developer Taylor Wimpey completes capital raise to purchase land for post-COVID build

British developer Taylor Wimpey completes capital raise to purchase land for post-COVID build

Spain ,
  • British developer raises £522 million, with sights set on building in Spain
  • Spanish subsidiary Taylor Wimpey España has already launched two post-COVID developments
  • Further sites to come to market before end of 2020

“The real estate sector will be key to the economic recovery of our country after the effects of COVID-19.”

Javier Ballester, General Director, Taylor Wimpey España

Leading British developer Taylor Wimpey, which last year completed 15,719 homes, has carried out a capital raise in the UK worth £522 million (€578 million euros) for the purchase of new land. Subsidiary Taylor Wimpey Spain will lead a number of new operations as a result, with investments in key hotspots along the Spanish coast, where it has been building and selling new homes to national and international clients for the past 60 years.

“During the last years we have built a solid business and have invested in our people, with our own processes and resources, to add value to our clients, shareholders, employees and suppliers. We have made timely decisions to increase our liquidity, being flexible to face the effects caused by the COVID-19 pandemic. Now we see an opportunity to invest in new land and businesses at attractive prices. These investments will help us continue to grow sustainably and provide long-term value for shareholders.”

Peter Redfern, CEO, Taylor Wimpey PLC

Taylor Wimpey España is one of Spain’s most respected and credible developers, having served over 7,000 satisfied customers from 40 different nationalities over the past six decades. The company’s area of operations stretches from the Costa Blanca and Costa del Sol to Mallorca and Ibiza, serving both domestic Spanish homebuyers and international clients looking for second residences on the Spanish coast. During 2019, the developer delivered 323 homes in Spain, with a turnover of over €141 million.

Javier Ballester, General Director of Taylor Wimpey España, has indicated that the real estate sector will be a major factor in Spain’s economic recovery from the crisis caused by the COVID-19 pandemic, emphasising his company’s role in improving the economic situation as swiftly as possible.

Taylor Wimpey España has continued to build in recent months and has already launched two post-pandemic developments: the lovely Kiruna Hills at Alenda Golf in Alicante and an exclusive collection of four waterfront luxury apartments at Marina de Sotogrande, Pier 1.

“We have recently released two new real estate developments to the market, and we hope to release two more before the end of the year. After this capital increase operation carried out by the parent company, we will also be focusing on additional carefully chosen sites in highly prized locations.”

Javier Ballester, General Director, Taylor Wimpey España

For more information please contact Taylor Wimpey España today 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.

Taylor Wimpey España launches two new developments, as positivity returns to Spanish second homes market

Taylor Wimpey España launches two new developments, as positivity returns to Spanish second homes market

Spain ,
  • Kiruna Hills and Pier 1 will provide buyers with an array of choice
  • Air bridge with Spain providing Britons with easy access to sunshine once more
  • Ryanair flights running at 67% full even before air bridges announced

Leading Spanish home builder Taylor Wimpey España has announced the launch of two brand new developments, in the latest sign that Spain is returning to some kind of normal. Kiruna Hills, at Alenda Golf, Alicante, and Pier 1, at the prestigious Marina de Sotogrande on the Costa del Sol will provide second home buyers with plenty of choice as the Spanish property market gets back into the swing of things once more.

Summer holidays in Spain aren’t quite business as usual just yet, but they’re certainly looking a lot closer to it than many would have imagined a couple of months ago. With travel restrictions lifted by Spain and the UK exempting those flying in from there from having to enter quarantine for 14 days, the scene has been set for Britons to enjoy sun-kissed summer holidays once more.

Even before the Spanish air bridge was announced, Ryanair’s first wave of flights to numerous international destinations on 1 July were running two-thirds full, with 105,000 passengers jetting off for some much-needed rest and relaxation after months of being stuck in the UK.

Many airlines are ramping up their flights to Spain for the summer season in response to customer demand. Mallorca has proven to be of particular interest, according to Travelsupermarket, after the island acted as a testbed for safe travel prior to the rest of Spain opening up. The price comparison site reported a 96% increase in online searches for trips to Mallorca following the government in Spain bringing forward the date that it would reopen to international visitors.

“It’s certainly going to be an unusual summer in Spain in many ways, but the sunshine, stunning beaches and superb gastronomy are still here, meaning that those who do come to Spain for their holidays this year have plenty to look forward to. For second home owners, Spain offers a welcome relief from the stresses of daily life – as it has always done – with the outdoor lifestyle holding huge appeal. All of this contributed to our decision to launch two new developments this month, providing plenty of choice for those looking to buy a bolthole in Spain.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The two developments are substantially different, though both will encompass Taylor Wimpey España’s signature blend of stylish indoor/outdoor living, with communal pools and gardens and outstanding locations.

On the Costa Blanca, Kiruna Hills will be ideal for keen golfers, thanks to its prime position at the popular Alenda Golf Club. The 36 contemporary townhouses will feature landscaped gardens and spacious solariums with stunning views over the Sierra de las Aguilas. Prices start from €193,800 plus VAT.

Over on the Costa del Sol, meanwhile, Pier 1 will provide three premium apartments and one penthouse in a private gated community next door to Sotogrande’s yacht club. The frontline marina homes are ideal for buyers who are serious about luxury. The four bedroom/five bathroom layout is complemented by large terraces, with the ground floor and penthouse apartments each having private pools. Prices start from €1,365,000 plus VAT.

“We feel that it will be important to offer buyers a particularly wide range of choice when it comes to property size, type, facilities and location over the coming years. Many buyers are now looking at second homes from a different perspective. They still want a home that’s ideal for creating cherished family memories, but elements such as private outdoor space and nearby open-air sports and leisure facilities have taken on a particular importance.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

For buyers looking for key-ready homes where they could potentially see out a second wave lockdown, Kiruna Hills’ neighbouring site, Kiruna Residencial, is ideal. Not only do residents have Alenda Golf on site, but a selection of stunning beaches are just 15 minutes away, as is Alicante Airport. The homes offer spacious living with access to a small supermarket, restaurant and bar, clubhouse, fitness centre and paddle tennis courts, as well as the outstanding golfing facilities. The final two three-bedroom townhouses are available from €189,000 plus VAT.

For more information please contact Taylor Wimpey España today 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.