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Spain’s residential market continues to display good health with JLL forecasting 2017 to be the eighth consecutive year of foreign buyer growth.

Overseas buyers lavished €888 million on Spanish properties in H1 2017, smashing last year’s record of €330 million for the same period with total investment for 2017 expected to exceed €1 billion according to JLL.

In addition to foreign investment in property, the first half of 2017 has also been a record breaker for Spain’s tourism sector with the National Statistics Institute reporting that 36.3 million tourists visited between January and June, a whopping 12% rise compared to the same period in 2016.

The majority of those who visited (8.6 million) came from the UK, while 5.5 million were from Germany; a 9.1% and 10% rise over the same period last year respectively.

The National Statistics Institute has also highlighted an 8.5% increase in foreign tourists using non-market accommodation. The number of tourists visiting Spain using the housing of relatives, friends or their own is even higher than those using traditional market accommodation such as hotels or rental properties.

 “A decade on from the crisis and Spain’s property market is not only back on its feet but thriving. The appeals of owning a second property in Spain, be it to enjoy holidays with friends and family or to relocate to has endured and I have no doubt that the country will welcome another record year of international investment.” 

 

Marc Pritchard, Sales and Marketing Director, Taylor Wimpey Espana

In line with the observations made by JLL, Spain’s leading homebuilder Taylor Wimpey Espana, operational since 1958, is also seeing growth in international buyers.

To date in 2017, Taylor Wimpey Espana homes across Spain have been purchased by more than 15 different nationalities with German, Scandinavian, British and Russian buyers the most active. To meet with such diverse international buyer demand, Taylor Wimpey Espana’s website is now available in eight different languages.

The Balearic island of Mallorca is one Spanish destination attracting a great deal of interest both from tourists (a 20% increase in UK visitors was recorded in May this year compared to the same month in 2016) and foreign property buyers. Taylor Wimpey Espana’s exclusive new development Camp de Mar Beach, perfectly located in the south-west of the isle, just 30 minutes from Palma international airport, is receiving particular interest.

Enjoying direct beach access, this final phase of the hugely popular development consists of 3-bedroom Mediterranean style townhouses with underfloor heating, air-conditioning and solar paneled water heating as well as communal gardens and a large modern swimming pool.

Camp de Mar Beach is located in the heart of the well-known Andratx golf course and is surrounded by beautifully manicured fairways and greens. Prices start from €650,000 + VAT.

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.

Regional airline Flybe will fly four routes from Norwich Airport in summer 2018, including two to the Spanish coast.

The carrier will be running flights to Alicante, up to twice a week, Exeter, up to four times a week, Jersey, once a week, and Malaga, up to twice a week, from Norwich Airport.

Norwich Airport managing director Richard Pace said: “We’re delighted that Flybe has launched the start of their summer 2018 season which includes twice weekly services from Norwich Airport to Alicante and Malaga.

“These extremely popular flights enable local people to enjoy a year round service to the Costa del Sol and Costa Blanca direct from their local airport.”

Mallorca continues to top the list of the favourite holiday hotspots for Brits visiting Spain with the Balearic Islands Tourism Board reporting a huge jump in visitor numbers during the first part of 2017.

British arrivals to Mallorca were up by 17.6% year-on-year for the period January – May 2017 compared to the year before reports the Tourism Board. And with the summer season now underway, it seems the outlook for the remainder of 2017 is equally positive.

One area which is driving visitor levels even higher is sports tourism, especially golf, with many UK golfers choosing Mallorca to their overseas rounds rather than traditional Spanish mainland destinations or the Algarve.

Home to three world-class golf courses – Golf Son Gual S.L, Arabella Golf Son Vida and Canyamel Golf – Mallorca is already widely considered one of the best golfing hotspots with Pula Golf Course in the west and Son Antem in the south drawing many to practice their swing this season.

Indeed, the growth in sports tourism and golf in particular is so marked that housebuilders on the island including Taylor Wimpey Spain are seeing demand for holiday homes right on or very close to the top courses.

“For fans of the sport, golf properties provide the ideal base for any holiday or retirement plans with high quality facilities right on the doorstep. Buyers should consider properties near a golf course that is also considered a resort offering an array of additional facilities to keep the non-golf players in the party equally as happy. Spain’s plentiful sunshine and dry, warm days allow for visits throughout every season for exciting weekends away playing golf and a very popular rental opportunity.”

 Marc Pritchard, Sales and Marketing Director, Taylor Wimpey Spain

Many potential buyers aim for locations such as Puerto de Andratx or Santa Ponsa for the perfect Mallorca home. Santa Ponsa enjoys a superb location, surrounded by some of the top golf clubs on the island including Golf Santa Ponsa I, II and III, Golf de Andratx, Golf de Poniente and Bendinat Golf.

Taylor Wimpey Spain’s’s latest development, Marina Golf, is perfectly located next to the Santa Ponsa III golf club and the resort has a residents’ club to appeal to all demographics – retirees, singles, golfers, non-golfers, permanent residents or vacation visitors. It is also near the coast, in an area dotted with beautiful coves and beaches and some of the island’s most exclusive marinas such as Puerto Adriano.

With prices starting from €590,000 + VAT, all properties at Marina Golf benefit from 3 bedrooms and 3 bathrooms, with air conditioning, under floor heating in the bathrooms, double-glazing, security door, TV aerial and satellite dish. In the communal area there is a swimming pool for the exclusive use of owners, surrounded by a solarium area with views over the golf course.

For more information please contact Taylor Wimpey Spaintoday 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.

New ONS data suggests that Brexit has not diminished the overseas retirement dream of British citizens.

Spain was home to 296,600 British citizens in 2016, with almost half (40%) of retirement age. In the last ten years, the number of those aged 65 and over has jumped from 56,291 in 2006 to 121,181 British residents in 2016.

With the older generation eager to while away their golden years in the sun, it is no surprise that Spain is so popular with retirees.

As it is easily reachable, the tourism industry in Spain is thriving: the Frontier Tourism Survey from the National Institute of Statistics highlights that 2017 is set to be the fifth year of historical highs for Spain’s tourism industry.

Since flight companies announce regularly new routes to Spain, its easy access makes it appealing for retirees. According to ONS figures, in 2016 643,000 visits were made to see family or friends.

“Here at Taylor Wimpey Spain we welcome the release of this new data by the ONS as it confirms the picture we are seeing here on the ground that Spain remains a top choice for Britons relocating with almost 300,000 British citizens calling Spain home.

“When it comes to who is moving and living in Spain, over the last decade we have witnessed the marked growth of those of retirement age choosing to relocate. We now receive more the double the number of enquiries from this demographic than we did 10 years ago, a trend which the ONS data also reflects.  “

 

Marc Pritchard, Sales & Marketing Manager, Taylor Wimpey España

The prospect of retiring to the playas of Spain has always been attractive to British citizens. In terms of location, Spanish leading homebuilder  Taylor Wimpey España notes that the coastal province of Malaga on the Costa del Sol is the most popular location for older buyers: 50% of totals sales come from British buyers.

Taylor Wimpey España offers a range of properties suitable for those in their ‘third age’.

New terraced homes at Horizon Golf enjoy a stunning location in the beautiful Valley of Mijas. Pricedfrom €280,000 + VAT for an apartment and from €399,000 + VAT for a penthouse, the private gated development offer homes that have 2 or 3 bedrooms, 2 bathrooms.

They all boast panoramic views over the complex’s famous Campo Asia golf course and La Cala de Mijas.

La Cala Golf Resort, where Horizon Golf is placed, is a residential area with golf, restaurants, SPA, hotel, good communications to airport, etc… perfect environment to retired people.

Malaga’s international airport is only 30 minutes away and all properties benefit from a hydrotherapy center and spa, a golf school, as well as 24-hour security, the communal gardens and swimming pool

 

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, 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.