It’s time to hit the beach!
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Key ready properties in high demand from British buyers this summer
- Home purchases by Brits in Spain at highest level for 10 years (Spanish Registrars)
- Families seeking out key ready properties for summer use (Taylor Wimpey España)
- Maximum day temperatures of 25/26°C typical by end of May (Holiday Weather)
The English climate has certainly provided plenty to talk about so far this year. After the ‘Beast from the East,’ April’s mini heatwave was a welcome relief. However, the unseasonable cold and pouring rain that followed it has driven many to look overseas for a more certain prospect of sunshine, with Spain being one of the main beneficiaries.
From family holidays to sun-kissed second homes, Spain is a perennial favourite with Brits looking for beautiful beaches, delicious cuisine and a welcoming atmosphere. The widespread availability of affordable flights means that visiting even for just a long weekend is a realistic and largely hassle-free process. This has played a significant role in Spain’s continuing popularity with those looking to buy property abroad.
“Despite the Brexit process, Brits still have a healthy appetite for Spanish property. During the last quarter of 2017, they accounted for 15% of all purchases by expats. That’s the highest proportion for more than a decade! So far in 2018, we’re continuing to see strong demand from British families. Many are seeking out key ready properties that they can begin using straight away, either as a holiday home or as a main residence.”
Marc Pritchard, Sales and Marketing Director, Taylor Wimpey Espana
Figures from the Spanish Registrar’s Association show that expat demand is doing much to bolster the Spanish property market. There were more than 110,000 sales during the last three months of 2017 – the highest number for that period for three years. Of those, 2,384 were home purchases made by Brits. Over the course of the full year, British buyers purchased 9,114 Spanish properties.
Key-ready homes are particularly attractive to buyers with children at this time of year, according to leading Spanish home builder Taylor Wimpey Espana, as they can be used straight away for family holidays. The company is currently offering a range of key ready homes that are attuned to British buyers’ preferences.
On the Costa del Sol, La Floresta Sur offers the perfect blend of beach and golf access, backed by impressive mountain views. Meanwhile, over on the Costa Blanca, La Recoleta III and La Vila Paradis provide stylish, beachfront apartments with private terraces for soaking up the sun. All three sites offer generously sized pools and tranquil communal gardens, which are ideal for family holidays.
Nor is it just the Spanish mainland where demand is building for Taylor Wimpey España’s stylish homes.
“Mallorca is seeing a strong growth in interest from British buyers so far this year. Again, families are buying with this summer in mind, meaning that key ready homes are particularly sought after at present.”
Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España
At Cala Murada, four exclusive, key ready townhouses sit just 150m from the stunning beach, surrounded by native plants and trees. Meanwhile, golf lovers will adore the last few available units at Marina Golf, where views over the superb course are complemented by an outdoor pool, large solarium and landscaped gardens, with beaches, shops, restaurants and the elegant Puerto Adriano marina all just 1.5km away. Not only that but until the end of June 2018, furniture will also be included in the price with selected properties!
With Spain (Malaga) enjoying average temperatures of 19°C during the day in May, with average maximum temperatures of 25/26°C typical by the end of the month, according to Holiday Weather, it’s no wonder that this consistent, reliable climate calls out so strongly to British buyers at this time of year. Forget the April showers – it’s time to hit the beach!
Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.
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