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Spain welcomed a total of 22.5 million foreign tourists between January and May in 2015, representing a 5.1 percent increase from the same period last year and setting a new record, according to the Spanish Tourism Ministry.

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May also marked a new high record for the number of international, long-distance visitors with 6.5 million arrivals, up 6.8 percent from May 2014.

Tourists arriving from Britain increased by 3.3 percent in the first five months of the year in comparison with a year earlier to a total of 4.9 million. They accounted for 22 percent of the total.

The British were followed by German visitors whose arrivals reached 3.6 million, increasing by 3.1 percent in comparison with the same period a year earlier and representing 16.1 percent of the total.

The number of visitors from France increased 8.2 percent between January and May to a total of 3.7 million, representing 16.4 percent of the total.

Growing tourism rates from January to May were present in every single region of the country, topped by Madrid with 11.7 percent.

Spain is the third most visited country in the world after breaking a record high in the number of international tourists in 2014 when it received 64.99 million international visitors. The country is on the path of setting a new record for tourist arrivals this year.

The Spanish property market crisis is over. At least that’s what Banco de España is saying. Director of Studies José Luis Malo de Molina comments,

“The adjustment of the real estate sector is, in principle, complete.”

At the same time, Spain’s GDP has grown for seven consecutive quarters and recently even more than expected: 0.9% in Q1 2015, according to the National Institute of Statistics (INE). Property values are also on the up, increasing by 3.3% in the last year, based on figures from the Sociedad de Tasación Residential Real Estate Trends Report for Q2 2015.

Yet the true picture of the Spanish real estate sector is far more complex than these stark facts imply. Regional variations are huge and the market remains sensitive to external influences, based on the large number of foreign buyers. The Marbella Real Estate Market Insight 2015 Report from Knight Frank, for example, reveals an increase in sales in Marbella of 89% between 2008 and 2014.

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

“There are pockets of real success in terms of the real estate market in Spain right now, but the picture is far from consistent. It’s still a delicate market and changes in FX rates, along with international politics, are likely to play a big role in how the market is shaped going forward. Buyers are focussing on coastal areas and there is a lot of money coming into Spain from overseas as foreign purchasers look to pick up bargain homes by the sea before prices rise much higher.”

Taylor Wimpey España is the driving force behind a number of high profile new developments on the Costa del Sol. Avalon, located in one of the most sought after areas of Marbella, next to the prestigious Los Arqueros Golf course, is a charming residential complex with wide streets, a large communal pool and stunning golf and sea views. The luxury two and three bedroom apartments and penthouses are synonymous with the opulence for which the area is known, though for an extremely reasonable starting price of just €310,000.

“Avalon is a great example of market forces in action,” continues Pritchard. “It shows just how much you can get for your money in Spain right now and this is precisely what foreign buyers are looking for – high spec properties that they can enjoy now but that also hold the potential for future capital growth. Many are looking at second homes that they can use for years and then eventually retire to, or else sell on at a profit many years from now.”

Domestic buyers are also helping to reinvigorate the Spanish real estate market and the combined effect of this with interest from overseas investors has led Banco de España to predict growth of 4.2% for residential investment over the course of this year, followed by growth of 6.6% in 2016. The bank’s José Luis Malo de Molina observes,

“Demand, supported by foreign purchases and, more recently, domestic interest, shows signs of stabilising.”

Taylor Wimpey España’s Marc Pritchard adds,
“Although the upturn is still patchy, we are seeing more and more areas reporting price increases as each month’s figures come in. It seems reasonable that by the end of this year, if not early next year, Spain will be able to report growth in every region so far as residential property is concerned. There is still fragility within the market, but with each passing month it is looking more robust.”

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.

The Spanish Tourism Board (Turespaña) has today announced the launch of a new global social media campaign “Spain in detail”, a competition that showcases the best of Spain, from the most iconic to the most hidden corners in a totally different way.

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This campaign will showcase the great diversity of the Spanish tourism offer from an innovative point of view, in a way never shown before.

Enter into a hypnotic journey to discover the richness and quality of the most important corners of Spain to become a real expert in detail, and what’s more, you will have chance to win a holiday to Spain to explore the beautiful scenery, mouth-watering food and friendly people, we will make sure that your holiday is long remembered and quickly missed!

Twelve of the most charming destinations of Spain will be featured, and it will be your call to find all the smallest details. All the participants can showcase their knowledge about a destination by just seeing a small detail, but wait; don’t delay your response, the fastest wins more points!

From the 15th of June to the 17th of July enter our competition and earn points to win trips to Spain or other fantastic prizes.

Be the fastest to identify the location; follow us to find out all the intriguing details from Spain and share all the details about the competition with your friends.

So what are you waiting for? Log in to spainindetail.com and start playing!

Good luck!

 

 

apartments for sale Taylor Wimpey Spain

Jade Beach / Marbella

  • New release 2 & 3 bed apartments close to the beach
  • Terraces, communal pool and private gardens
  • Luxury fittings: Motorized sun blinds, underfloor heating in both bathrooms
  • Close to all amenities

Avalon / Los Arqueros Golf – Marbella

  • 2 & 3 bed  apartments with fantastic golf views
  • Last penthouse available
  • High quality finishes
  • Terraces, communal pool and gardens
  • Nice location within Los Arqueros Golf
  • Only 5 minutes by car to Puerto Banus

New 24 exclusive apartments in Nueva Alcantara, Marbella. The complex is located in an exclusive residential area 100 metres from the sea front promenade connecting Puerto Banus and San Pedro de Alcantara. Located very close to beautiful beaches of the Costa del Sol, and 1 hour from Malaga airport.

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The new apartments for sale by Taylor Wimpey de España have 2 or 3 bedrooms and 2 bathrooms. There are two types of large 3 bed penthouses with incredible terraces available. Each home has its own underground parking space and large storeroom.

The resort has a security checkpoint, pedestrian and car entrance, as well as a swimming pool and landscaped gardens, providing an atmosphere of privacy and distinction. It is the ideal place for a holiday home, first home or an investment.

Jade Beach is designed as a luxury gated community with modern Mediterranean style architecture and large terraces. All properties are south facing to maximise daylight hours.

Jade Beach offers the finest of Taylor Wimpey’s finishing on the Costa del Sol. The homes boast the latest trends in decorations with white 60 x 60 cm marble floors in the lounge; textured interior woodwork and furniture, and kitchen counter.

All homes at Jade Beach feature motorised sun blinds, underfloor heating, shower screens in both bathrooms and a full pack of halogen lights in all rooms. The kitchens are equipped with appliances and top of the range sliding windows in the living room.

Jade Beach is designed to be one of the most advanced properties on the market, both in obtaining energy savings as well as the possibility of an integrated control of the capabilities of your home.