Taylor Wimpey España launches second phase of Sun Valley homes, as Spanish property market picks up
Despite Brexit and Covid, Britons bought more properties in Spain than any other foreign nationality in 2020. They accounted for 1.48% of overall property sales, with total purchases by foreigners accounting for 11.3%, according to the Colegio de Registradores.
While the total number of sales inevitably shrank in 2020, it was the second-hand homes market that was the most heavily impacted. Nationally, home sales dropped by 16.7%, but for second-hand homes, that figure reached 18.7%. Sales of new build homes, meanwhile, dropped by just 7.3%.
In fact, according to analysis by Valmesa Consultores, the number of new build transactions in August and September 2020 surpassed those in the same months of 2019.
Prices along the Mediterranean coast rose by 0.1% year on year in March 2021, according to Tinsa. However, the monthly increase since February stood at 2.7%, as buyers continue to gain confidence in the light of ongoing vaccination programme rollouts.
Increasing enthusiasm for overseas second homes was confirmed by recent statistics from A Place in the Sun, which found that 30% of people are now more motivated than ever to buy a property overseas. Of those looking at buying a property in Spain, 40% have their sights set on the Costa del Sol.
Leading Spanish home builder Taylor Wimpey España has been building along the Spanish Mediterranean coast for over 60 years. Most recently, the company has launched the second phase of homes at Sun Valley at La Cala Golf in Mijas, Malaga. With all but four of the key-ready homes in phase I already sold, Sun Valley’s second phase of stunning golf resort properties are available for purchase. Prices start from €251,000 plus VAT.
La Cala is Spain’s largest golf resort. It has a well-deserved reputation for the excellence of its facilities. Nestled between the sea and the mountains between Marbella and Fuengirola, the resort includes a hotel, restaurant, spa, golf club and academy, tennis court, squash court, fitness centre, running circuits and FIFA football pitch. All in addition to its three 18-hole golf courses.