Home Blog


WHILE recovery is expected to be slow but sure for the Spanish property market, certain areas including the Costa del Sol are likely to see significant property price increases next year, a new report has concluded.


Acuña y Asociados real estate consulting firm’s Spanish Real Estate Market Annual Report has predicted that prices will now stabilise in most parts of the country yet popular areas including the Costa del Sol, Valencia, Madrid and Barcelona are likely to see increases of between 3 and 5 per cent.

Prime areas like Marbella, the firm predicts, may well see even bigger increases.

Following seven consecutive years of price drops, 2014 saw an inflexion point in the cycle and this year and 2016 will register modestly positive results, Acuña’s report revealed.

Although large international investors, the report said, are waiting to see what this year’s national elections bring before continuing with major projects, 2015 will certainly end with better results in the market and as banks start to provide more mortgages the general outlook is good.

Mallorca gets overly crowded in the summer and come winter, the place is deserted. It is this extreme fluctuation that is forcing the new government of Mallorca to device ways that will ensure the tourism schedule of the area remains vibrant all year round. However, so far virtually all their attempts to accomplish this have been futile.


The Spanish island has become very popular among vacationers. When summer time comes, all facilities available get completely full. These include hotels, beaches, hideaway bays etc. Actually in July there were about 1.7 million tourists on the Balearic Island. This is about 300,000 more than the figure recorded five years ago during the peak of the season.

The steady rise in the tourist numbers year after year has worried the authorities governing the island. Therefore, efforts are being made to ensure the area is not only adored as a summer destination but also as a possible winter destination. This will aid in minimizing the pressure on the available resources and facilities.

It is not only the government that is getting concerned with the over-crowding of the island in summer. The vacationers too, are getting uncomfortable with packed beaches. However, hoteliers insist that efforts to reduce the influx of people to the highland will not bear any fruit since what the tourists want is a place they can get to enjoy the summer-time sunshine as well as the beach fun.

According to Bernd Grundmann, a vacationer of German origin, the island has become excessively crowded within the recent past. Having been regular vacationers at the island, Bernd and his wife Sylvia recall how they met 25 years ago at the erstwhile fishing village when the place had just enough tourists. He goes on to mention that the government should have done something way back to counter the mass tourism being witnessed currently.

The tourism minister Biel Barcelo agrees that the situation at the island is wanting. He said that they are devising ways to ensure vacationers get to visit the island even during off-season. He mentions that one strategy is to market the island as a hub for sporting activities like bicycling and hiking. That is not a new idea, it has been done before but didn’t fetch any significant results.

The major challenge has been the inadequacy of airline connections during winter, and major hotels closing during the off season. Considering the fact that hoteliers are miffed by the government’s plans to introduce tourism tax by 2016, chances that they will cooperate are very low. The chief of hotel industry association, Immaculada Benito, said that they are hoping for more vacationers in 2016.

The Mayor of Pollenca, Miquel Angel March insists that quality tourism is more important than the numbers. While there are plans to ban the renting out of private apartments, Miquel doubts the possibility of enforcing such a ban, as people will still do it regardless. However, the Tourism Minister Barcelo insists that the objective of the move is only to set the standards for renting private apartments and to regulate the same.

Mallorca is one of Spain’s most popular summer tourism destinations. Domestic travellers and international visitors head to the Balearic Island’s sandy shores in their millions each year, hungry for its signature blend of sunshine, water sports, dramatic scenery and fabulous cuisine.

While Mallorca attracted more than a million Brits this summer, it was the Germans who just couldn’t get enough of what the island had to offer. So far in 2015, German visitors have accounted for more than 40% of all foreigners to visit Mallorca, according to data from Ibestat, the statistics institute of the Balearic Islands. The figures show that more than 2.1 million Germans have enjoyed a break on the island so far this year.

Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España, is one German who loved the island so much that he couldn’t bear to leave. He has now lived there for over two decades. Nor is he alone in his passion for Mallorca. August data from Taylor Wimpey España shows a 160% year to date increase in sales to German buyers, almost all of whom have opted for a second home on Mallorca. Marc Pritchard comments,

“There is something about Mallorca that really captures the German imagination. From the plethora of sporting activities to the stunning landscape, there is so much to do and admire here. It’s a great place for an active holiday, but it’s also a wonderful destination for those looking to relax.

“We’ve seen a sharp increase this year in the number of German buyers on Mallorca. Our Cala Anguila and Costa Beach sites have both proven popular with second home buyers from Germany who want to own their own special part of this wonderful island.”

Cala Anguila offers key-ready properties from €230,000. One of the last remaining developments with direct access to the beach on the island, it provides two bedroom apartments set in delightfully landscaped grounds. A large swimming pool and sunbathing area provide plenty of room for everyone from those who enjoy a rigorous daily swim to families splashing in the shallows and teaching their youngest members how to doggy paddle.

Costa Beach also enjoys direct beach access, along with amazing sea views. Key-ready properties are available from €242,000 for a two bedroom apartment. As well as the on-site pool and numerous coves and white sandy beaches that surround the development, there are four excellent golf courses within a ten minute drive, making it the ideal location for keen golfers.

According to the World Travel Guide, extreme winter temperatures in Germany commonly reach 5°F (-10°C), so the appeal of Mallorca’s Mediterranean climate is immediately apparent. Add to that the island’s countless other charms and it is easy to see why more and more Germans are looking to Mallorca as the ideal place to own a second home.

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.

Tourist arrivals in Spain hit a new record in the first eight months of 2015, according to an industry ministry body, with security fears in the Middle East and North Africa pushing holidaymakers, especially British and French, to seek out Spanish beaches.


Frontur said tourist arrivals reached 47.2 million in the period, up 4.1 percent.

A million fewer tourists headed for Tunisia in the year to August, after two attacks by Islamist militants in recent months that killed dozens of Western visitors.

The tourism boost for Spain, which benefited coastal regions such as Catalonia and the Balearic Islands the most, should be a further fillip for the economy just as the country heads into a year-end general election.

Tourism accounts for about 11 percent of Spain’s output, and a busier season than usual should translate into a jobs spurt in a country where unemployment hovers at 22.4 percent, still the second-highest rate in Europe after Greece.

Holiday firms and politicians are split about the benefits of a massive tourism influx for Spain over the longer term, however.

Data on tourists’ spending in Spain varies, with some measures showing expenditure per head rising and others revealing a decline.

But many in the industry argue more needs to be done to encourage higher spending and renew Spain’s image as more than just a cheap beach holiday and party spot and to attract visitors to its lesser known regions.

Some cities, meanwhile, are feeling the burden of the big jump in visitors. Barcelona is trying to crack down on uncontrolled tourism amid fears it is spoiling the Catalan capital’s charm.


As British property investors resume their love affair with Spain, it’s the Costa Blanca which is proving to be top choice, accounting for 27 per cent of Spanish mortgage enquiries received at Conti over the last three years. And Spain continues to be top of the list for British buyers in general, accounting for just under half (45 per cent) of enquiries received by the company in the second quarter of 2015.

C1_Brisas_de_Alenda_ Golf

The Costa Blanca is one of Europe’s most heavily visited areas, extending 200 kilometres along the Mediterranean coast with a resort to suit every taste. And it’s Alicante which has attracted the most attention from clients financing their purchases through Conti, with more than two thirds (69 per cent) of Costa Blanca buyers choosing this location.

Hot on its heels, however, is the Costa del Sol with a 23 per cent share of purchases, thanks to miles of magnificent beaches, championship golf courses and fantastic amenities which attract sun worshippers and sports enthusiasts to its leisurely lifestyle. The sun-drenched town of Marbella is the first choice destination.

The Balearic Islands are next on the list, accounting for 18 per cent of property purchases, with Ibiza standing out as the firm favourite. Traditionally known for its lively nightlife scene, it’s also home to quiet villages and peaceful sandy beaches. And the Canary Islands, with a 15 per cent share, are also increasing in popularity, particularly Lanzarote which lies on the same line of latitude as parts of Florida and Mexico, making it an ideal all-year-round destination.

Clare Nessling, director at Conti, says:

“Following a very tough few years, the Spanish property market is on the up again at last and British investors are rediscovering their love for this beautiful country. Although prices have generally still to come back up to their pre-2008 levels, recent reports suggest that the property market is experiencing a widespread recovery and this is leading to increased confidence among investors.
READ Renters’ response to Corbyn as Labour Party leader

“Combine this with the growing strength of the pound against the euro, which recently hit a seven and a half year high, and you can see why buyers are returning in their droves.”

According to Spain’s National Statistics Institute (INE), Spanish house prices jumped by 4.2 per cent in the second quarter of this year compared with the previous three month period, strengthening the foundations of the country’s economic recovery.

Year-on-year, the figures represent a four per cent increase in property prices, which is the biggest rise since 2007, just before the start of the economic downturn and the subsequent property crash.

Caveat Emptor

As always, Conti says that it’s vitally important for buyers to seek the right advice. Bitter experience has taught many overseas property buyers that scrimping on independent legal advice can effectively cost them their holiday home. Buyers should always go through the same process that they would follow if they were buying a property in the UK. There’s nothing to be gained, and everything to lose by cutting corners and failing to carry out due diligence.